News Updates
Bar Council Of Punjab & Haryana Suspends License Of High Court Bar Association President
The Bar Council of Punjab and Haryana today suspended the licence of High Court Bar Association Advocate Vikas Malik and barred him from practising before any court till a final decision is made on the complaints against him.The decision was taken by the Disciplinary Committee of the Bar Council headed by Chairman Karanjit Singh and comprising Member Rajat Gautam and Co-opted Member...
Justice Rajesh Sekhri Sworn-In As Additional Judge Of J&K And Ladakh High Court
The Chief Justice of High Court of Jammu & Kashmir and Ladakh, Justice N Kotiswar Singh on Wednesday administered the oath of office to Justice Rajesh Sekhri as Additional Judge of the High Court of Jammu & Kashmir and Ladakh, in the Chief Justice's Court Room.The Oath taking ceremony was physically attended by Justice Tashi Rabstan, Justice Atul Sreedharan, Justice Sindhu Sharma,...
Mumbai Hit-N-Run Case: Sewree Court Remands Mihir Shah, Son Of Shinde Sena Leader To Police Custody Till July 16
Mumbai's hit-and-run case's prime accused Mihir Shah, who mowed down a 45-year-old woman in Worli on July 07, was remanded to Police custody till July 16 by the Sewree court on Wednesday.Mihir, the son of Maharashtra Chief Minister Eknath Shinde's close aide, Rajesh Shah, was arrested on Tuesday from Virar, where he was allegedly hiding with his family and friends for at least 72 hours....
Aggrieved By Judges' 'Insulting' Behaviour With Lawyers, Allahabad HC Bar Association To Abstain From Work Today
The Allahabad High Court Bar Association (HCBA) has resolved to abstain from work today (Wednesday, July 10), citing its dissatisfaction with the High Court Administration to address a range of pressing issues affecting the advocates, specifically the conduct of certain judges towards bar members. A decision in this regard was taken in an emergent meeting of the governing council of...
Vehicle Having Comprehensive Insurance Policy Also Covers Risk Of Pillion Rider Of Third-Party Vehicle: Tripura High Court
Recently, the Tripura High Court held that a pillion rider of a third-party vehicle would be entitled to receive compensation from the insurance company of offending vehicle if it has a 'comprehensive insurance cover'. The Court held that if an accident of a pillion rider of another vehicle occurs due to the fault of the insured vehicle, then the insurance company would be liable to...
Bengaluru Court Rejects Bail Plea Of Ex-MLC Suraj Revanna Booked For Allegedly Sexually Assaulting A Man
A city court in Bengaluru on Tuesday rejected the bail application filed by Janata Dal (S) MLC Suraj Revanna who was arrested in connection with a case of alleged sexual abuse of a man and charged under sections Sections 377 (unnatural offences), 342 (illegal detention), 506 (criminal intimidation), and 34 (common intention) of the Indian Penal Code.The 42nd Additional Chief...
Government of Jammu and Kashmir Mandates Strict Adherence To Arbitration Time Limits To Prevent Financial Losses
The Department of Law, Justice, and Parliamentary Affairs of the Government of Jammu and Kashmir has issued a circular and underscored the critical importance of adhering strictly to time limits in arbitration proceedings. The circular observed shortcomings where arbitration cases have not been handled promptly which led to serious repercussions. Often, it noted that references...
TN Government Appoints One Man Commission To Suggest Amendments To New Criminal Laws At State Level
The Tamil Nadu Government has constituted a one-man commission headed by Justice (Retd) M Sathyanarayanan to look into possible amendments to the new criminal laws at the state level. The committee will scrutinize the new laws, hold consultations with all stakeholders including state-level lawyer's associations, and submit its report to the Government within a month on the possible...
Groww Settles SEBI Violations, Pays Rs 9 Lakh Following Regulatory Review
Groww Asset Management Ltd, formerly known as India bulls Asset Management Company Ltd, along with Groww Trustee Ltd, has reached a settlement with the Securities and Exchange Board of India (SEBI) regarding alleged violations of regulatory norms. This settlement came into effect with payment of Rs 9 lakh by the applicants to SEBI. The settlement stems from a suo motu...
Raselle Capital VCC Settles With SEBI For Alleged FPI Regulation Violations With Rs 1.23 Crore Payment
Raselle Capital VCC, a foreign portfolio investor, has settled an adjudication case with the Securities and Exchange Board of India (SEBI) regarding alleged violations of Foreign Portfolio Investor (FPI) rules. The settlement was reached after the investor paid Rs 1.23 crore as settlement charges. The matter originated from alleged violations of SEBI's FPI regulations by...
SEBI Settlement: SBICAP Trustee Company Ltd Agrees To Rs 25.08 Lakh Payment Over Regulatory Violations
SBICAP Trustee Company Ltd, a subsidiary of SBI Capital Markets Ltd, has reached a settlement with the Securities and Exchange Board of India (SEBI) concerning alleged violations of debenture trustee regulations. The settlement, prompted by an application from SBICAP to SEBI, requires the company to make a payment of Rs 25.08 lakh. The resolution pertained to SEBI's issuance of a...
SEBI Cancels Registration Of LFS Broking And Bars MD For Violating Market Norms
The Securities and Exchange Board of India (SEBI) has revoked the registration of LFS Broking and imposed a five-year ban on its Managing Director, Saiyad Jiyajur Rahaman, from engaging with any registered intermediary. SEBI's order stated multiple infractions committed by LFS Broking and its MD. The investigation noted that LFS Broking allowed the misuse of...