Bengaluru Court Remands Suraj Revanna To Police Custody In Alleged Sexual Abuse Case Filed By Man

A city court in Bengaluru on Monday sent Janata Dal (S) MLC Suraj Revanna, who has been arrested in connection with a case of alleged sexual abuse of a man, to police custody till July 1. Magistrate KN Shivakumar sent Revanna to the custody of the Karnataka Police Criminal Investigation Department (CID) after earlier remanding him to judicial custody in connection with the case.Notably,...

SEBI Extends Pre-Open Call Auction Session To 60 Minutes To Curb IPO Pricing Manipulation

The Securities and Exchange Board of India (Sebi) has introduced modifications to the call auction session conducted during the pre-open period on stock exchanges. Effective from the 90th day after the issuance of the circular dated June 20, 2024, the new framework extends the duration of the pre-open call auction session to 60 minutes, commencing at 9:00 a.m. This session is crucial...

RBI Revokes License Of City Co-operative Bank, Orders Immediate Winding Up

The Reserve Bank of India (RBI) has cancelled the licence of the City Co-operative Bank Limited, Mumbai, Maharashtra. This decision, as communicated by the RBI, stem from the bank's failure to meet essential financial criteria outlined under the Banking Regulation Act, 1949. The bank was found deficient in adequate capital and sustainable earning prospects, essential components to...

8.6 Lakh Cases Resolved In Second National Lok Adalat 2024 In Gujarat, Award Sums Upto Rs 1341.7 Crores

The second National Lok Adalat for 2024 was organised on June 22nd across Gujarat under the aegis of the National Legal Service Authority (NALSA).The Chief Justice of the Gujarat High Court and Patron-in-Chief of the Gujarat State Legal Service Authority, Justice Sunita Agarwal, along with Senior Most Judge of the Gujarat High Court, Justice Biren A. Vaishnav, provided detailed guidance to...

Chhattisgarh HC Chief Justice Inaugurates 3-Day Advance Training Programme For Legal Aid Defense Counsels

Today, the Chhattisgarh High Court's Chief Justice Ramesh Sinha inaugurated a three-day advanced training program for Legal Aid Defense Counsels, emphasizing the critical role of continuous professional development in ensuring effective legal representation for the underprivileged.Underscoring the crucial role of defense counsels in upholding the right to a fair trial and ensuring justice for...

SEBI Closes Unitech Stock Manipulation Probe, Cites Insufficient Evidence Against Chandra Brothers

The Securities and Exchange Board of India (SEBI) has closed investigation into allegations of stock manipulation against Sanjay Chandra and Ajay Chandra, the former promoters of Unitech Ltd. The investigation, which spanned several years, aimed to determine if the Chandra brothers engaged in fraudulent practices by routing funds through overseas accounts to manipulate the stock...

Failure To Disclose Acquisitions: SEBI Imposes Penalty On Advik Capital Ltd's Promoter-Directors

The Securities and Exchange Board of India (SEBI) recently imposed penalties on promoter-directors of Advik Capital Ltd, Vikas Garg, Seema Garg, and Sukriti Garg, amounting to a total of Rs 13 lakh. This decision came in response to their failure to comply with disclosure requirements related to share acquisitions in the company. SEBI highlighted that the noticees acquired a...

India's Legal-Aid System Is World-Unique For Providing Lawyers To Both Sides In Disputes: Supreme Court Judge Justice Sanjeev Khanna

Hailing India's Legal System as world unique, Senior Supreme Court Judge Justice Sanjeev Khanna has said that no where in the world, such a robust system exists where to prosecute a case and to defend the same, lawyers on government expense are provided to both the litigating parties.Justice Khanna made these comments in his address at State Conference of District Legal Services...

'Islamic Fundamentalist Forces Conspiring To Kill Him': NIA Court Judge Seeks Security For UP Judge Who Ordered 'Gyanvapi Survey'

An NIA court's Special judge has written to the Registrar General of the Allahabad High Court, seeking security for Additional District Judge (Fast Track Court) Bareilly Ravi Kumar Diwakar. Judge Diwakar is known for ordering a videographic survey of the Gyanvapi mosque premises in 2022. In his letter, NIA court special judge Vivekanand Sharan Tripathi referred to an FIR lodged by UP...

Kerala High Court Advocates Association Opposes Hike In Court Fees

The Kerala High Court Advocates Association (KHCAA) has submitted their opinion to the Expert Committee headed by Justice V K Mohanan opposing the hike in court fees.The KHCAA stated that the Expert Committee has given recommendations for enhancing the court fees without understanding the ground realities. The proposal to revise court fees was announced during the 2024 budget speech. The...

Gaza Genocide: 362 Students & Faculty Of NALSAR University Write To Admin To Cut Ties With Israeli Universities

A total of 362 signatories, including 275 students, 70 Alumni and 12 Faculty Members of the National Academy of Legal Studies and Research (NALSAR) University of Law, Hyderabad have written to the university administration asking it to cut existing ties with two Israeli universities – Tel Aviv University and the Radzyner School of Law – as part of the Boycott, Divestment and...

ED Acting With Bias Against Arvind Kejriwal, No Direct Evidence On Proceeds Of Crime : Delhi Court In Bail Order

While granting bail to Chief Minister Arvind Kejriwal in the excise policy case, a Delhi Court has observed that the Enforcement Directorate (ED) has failed to give any direct evidence against the Chief Minister in respect of the proceeds of crime.Vacation judge Niyay Bindu of Rouse Avenue Courts observed that since ED believed that the evidence on record was not sufficient to proceed...