No Prima Facie Case For Money Laundering Against Nalini Chidambaram In Saradha Chit Fund Scam: PMLA Court

A Prevention of Money Laundering Act (PMLA) Court at Kolkata has dismissed the Enforcement Directorate (ED's) complaint against Senior Advocate Nalini Chidambaram in relation to the Saradha Chit Fund Fund scam. Presiding judge Prashanta Mukhopadhyay said that there was no prime facie offence of money laundering and "no case was made out for the offence under Section 3 punishable under Section...

Kerala High Court To Live Stream Full Bench Proceedings

The Kerala High is set to livestream its Full Bench Proceedings from today (August 01, 2024).The High Court has developed a separate platform for live streaming its proceedings, unlike other Courts that use YouTube or other media platforms. This initiative by the High Court aims to improve accessibility and increase transparency within the judicial system.Click here to watch the live streaming...

Issues Raised By Informant Are Individual In Nature, CCI Dismisses Complaint Against Paytm Parent Company

The Competition Commission of India (Commission) bench, comprising Ms. Ravneet Kaur (Chairperson), Ms. Sweta Kakkad (Member), Anil Agrawal (Member) and Mr. Deepak Anurag (Member), has dismissed the case against Paytm's parent company, One97 Communications Ltd, and other opposite parties. The Commission held that the issues raised by the informant are simply...

Delhi Coaching Centre Deaths: Court Denies Bail To SUV Driver, Co-Owners Of Basement Where Civil Services Aspirants Drowned

A Delhi Court on Wednesday denied bail to Manoj Kathuria, an SUV driver and businessman by profession, arrested in connection with the deaths of three civil services aspirants who drowned in the basement of an IAS coaching centre in the city's Old Rajinder Nagar area.Judicial Magistrate Vinod Kumar of Tis Hazari Courts also denied bail to four co-owners of the basement, namely Parvinder...

Delhi Court Reserves Judgment On IAS Trainee Puja Khedkar's Anticipatory Bail Plea, Order Likely Tomorrow

A Delhi Court on Wednesday reserved order on the anticipatory bail plea moved by probationer Puja Khedkar accused of “misrepresenting and falsifying facts" in her application for Union Public Service Commission (UPSC) Civil Services Examination, 2022.Additional Sessions Judge Devender Kumar Jangala of Patiala House Courts is likely to pronounce its verdict tomorrow, at 4 PM.Khedkar...

J&K Court Initiates Criminal Contempt Against IAS Officer Accused Of Harassing Judge Who Attached His Salary For Non-Compliance With Orders

Sub-Judge Ganderbal, Jammu and Kashmir, has sought to initiate criminal contempt proceedings against Deputy Commissioner Ganderbal, Shyambir Singh, following actions allegedly undermining the court's authority by retaliating against a judicial order.Sub-Judge Fayaz Ahmad Qureshi presided over an execution petition related to a judgment and decree dated October 31, 2022. The decree-holders...

UP Assembly Passes Bill To Make State's 'Anti-Conversion' Law More Stringent, Introduces Life Sentence As Maximum Penalty

Today, the Uttar Pradesh State Assembly passed the UP Prohibition of Unlawful Conversion of Religion (Amendment) Bill, 2024, which effectively proposes to make the state's 'anti-conversion' law more stringent. The bill proposes a maximum sentence of Life Imprisonment in cases of fraudulent or forced conversions. Earlier, the maximum sentence under the Act was a 10-year Jail...

Delhi Court To Hear Tomorrow Anticipatory Bail Plea Of IAS Trainee Puja Khedkar Booked For False UPSC Application

A Delhi Court will hear tomorrow the anticipatory bail plea moved by probationer Puja Khedkar accused of “misrepresenting and falsifying facts" in her application for Union Public Service Commission (UPSC) Civil Services Examination, 2022.Additional Sessions Judge Devender Kumar Jangala of Patiala House Courts adjourned the matter today after the APP sought adjournment on the ground that...

'Our Responsibility Is To Be Kind To Animals': Delhi Court Sentences Man To One Year In Jail For Throwing Acid At Dog

A Delhi Court has recently sentenced a man to one year of simple imprisonment for throwing acid on a dog resulting in the loss of one eye in 2020. Additional Chief Metropolitan Magistrate Richa Sharma had convicted the man for the offences under Section 429 (Mischief by killing or maiming cattle, etc.) of the Indian Penal Code, 1860 and Section 11 (1) (treating animals with cruelty)...

RoC Imposes Rs. 21.46 Lakh Penalty On Indus Biotech Limited And Its Officers For Failure To File Form BEN-2

The Registrar of Companies Pune has imposed a penalty of Rs. 21.46 Lakh on Indus Biotech Limited and its officers for failure to file Form BEN-2 within the stipulated period of time. Form BEN-2 is a form prescribed under the Companies Act, 2013 and the Companies (Significant Beneficial Owners) Rules, 2018. It is used by companies to file a return of significant beneficial owners with...

RBI Imposes Penalties on Ola Financial Services, Manappuram Finance, Visa Worldwide for KYC Norm Violations And Unauthorized Payment Methods

The Reserve Bank of India (RBI) has imposed penalties on Ola Financial Services Pvt. Ltd., Manappuram Finance Limited, and Visa Worldwide Pte. Ltd. for various infractions related to Know Your Customer (KYC) norms and unauthorized payment methods. Ola Financial Services has been subject to two significant fines from the RBI. The first fine, amounting to ₹33.40 lakh, was imposed due...

SEBI Imposes ₹5 Lakh Penalty On HSBC Asset Management For Inadequate Investment Decision Documentation

The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹5 lakh on HSBC Asset Management (India) Private Limited (HSBC AMC). This penalty was levied after an earlier order that exonerated HSBC AMC was found to be flawed and contrary to the interests of the securities market. The scrutiny began with the examination of HSBC AMC's investment decisions focusing...