Kerala Court Convicts Tamil Nadu Native For Sexually Assaulting Minor Daughter During COVID Period In 2020

A Kerala Court has convicted the father, a native of Tamil Nadu for sexually assaulting his minor daughter aged 14 years while they were living in a rented house in Thiruvananthapuram during the Covid time in 2020.Fast Track Special Court (POCSO) Thiruvananthapuram, Special Judge, Rekha R found the accused guilty of committing aggravated sexual on his minor daughter. “ On evaluating the...

SEBI Lowers Turnover Threshold For Agricultural Commodity Options To Rs 100 Crore

The Securities and Exchange Board of India (SEBI) has announced change in the regulatory requirements for launching options contracts on agricultural and agri-processed commodities. Effective from June 1, 2024, the average daily turnover requirement for these futures contracts has been reduced from Rs 200 crore to Rs 100 crore. This decision was based on representations...

HSBC Asset Management And Trustees Settle SEBI Charges Over Fund Mismanagement With Rs 23.92 Lakh Payment

HSBC Asset Management (India) Pvt Ltd, along with four of its trustees, has resolved a regulatory issue with the Securities and Exchange Board of India (SEBI) by paying a settlement amount of Rs 23.92 lakh. The trustees involved in the settlement are Jasmine Batliwala, Nani Javeri, Ho Wai Fun, and Dr. TC Nair. The issue originated from allegations that HSBC AMC did not...

SEBI Issues Guidelines For Investor Protection And Services Funds

The Securities and Exchange Board of India (SEBI) has issued comprehensive guidelines for the establishment and management of Investor Protection Fund (IPF) and Investor Services Fund (ISF). Key Points of the Guidelines All stock exchanges are mandated to set up an IPF, administered through a separate trust. The IPF Trust will consist of five trustees: three Public Interest...

Nagpur Court Convicts And Awards Life Sentence To Ex BrahMos Engineer On Cyber Terrorism Charges

The Sessions Court, Nagpur today convicted and sentenced ex-BrahMos engineer Nishant Agrawal to life imprisonment on charges of acts of cyber terrorism and spying for Pakistan.Additional Sessions Judge MV Deshpande convicted Agarwal under section 66F (acts of cyber terrorism) of the Information Technology Act and sentenced him to life. The court also convicted him under Sections 3 (penalties...

Patent Duration From Application Date Rather Than Granting Date Aligns With International Standards, Calcutta High Court Upholds Constitutionality Of Sec. 53

The Calcutta High Court single bench of Justice Sabyasachi Bhattacharyya upheld the constitutionality of Section 53 of the Patents Act, 1970, which mandates a twenty-year patent term from the application date. The bench rejected the Petitioner's contention that the patent term must be counted from the grant of the patent rather than the application date. It was held that Section 53 aligns...

Vijay Mallya, Nirav Modi & Mehul Choksi Fled India Because Investigating Agencies Didn't Arrest Them On Time: Mumbai Court

A Special PMLA Court in Mumbai recently remarked that fugitives in economic offences such as Nirav Modi, Vijay Mallya, and Mehul Choksi were able to flee India because the investigating agencies failed to arrest them at a proper time.Special Judge MG Deshpande on May 29, 2024, while addressing the objection raised by the Enforcement Directorate to an application filed by an accused...

Judge's Career Not Path Filled With Rose Petals : Justice Mary Joseph In Farewell Speech

Justice Mary Joseph is retiring from service as the judge of the High Court on the forenoon of June 02, 2024. A farewell function was arranged by the Kerala High Court for her on May 31,her last working day as a judge.“I come from a Humble beginning, so it is only fitting that I take my leave in a humble manner,” she said.She began her speech by saying that her heart is filled with...

Pune Court Issues Process Against Rahul Gandhi In Defamation Case Over Remarks On VD Savarkar

A Pune Court has issued process against Congress leader Rahul Gandhi and ordered him to appear before it on August 19, 2024 in a defamation case filed over allegedly defamatory statements he made against VD Savarkar during a visit to the United Kingdom.Judicial Magistrate First Class Akshi Jain issued process in the complaint lodged by Satyaki Savarkar, the grandnephew of the late Vinayak...

Pune Porsche Car Accident Case | Father And Grandfather Of Minor Accused Sent To Judicial Custody For 14 Days

A court in Pune has sent the father and grandfather of minor accused of driving the Porche car involved in a collision which caused deaths of two persons to judicial custody for 14 days.The two are booked under sections 342 (punishment for wrongful confinement), 365 (Kidnapping or abducting with intent secretly and wrongfully to confine person), 368 (Wrongfully concealing or keeping...

Bengaluru Court Remands Suspended JD(S) Leader Prajwal Revanna To Police Custody Till June 6

Suspended JD (S) leader Prajwal Revanna on Friday was remanded to police custody till June 6, by a Court in Bengaluru over the obscene videos case. The 42nd Additional City Civil and Sessions Judge, passed the order on the remand application filed by the SIT which is probing the case. The SIT had sought 14-days custody. However, the court granted seven days custody. The SIT had arrested...

Mumbai Court Sentences Gangster Chhota Rajan To Life Imprisonment For Murder Of Hotelier Jaya Shetty In 2001, Fines Rs 16 Lakh

A special MCOCA court in Mumbai has sentenced gangster Rajendra Sadashiv Nikalje, also known as Chhota Rajan, to life imprisonment for the 2001 murder of hotelier Jaya Shetty.Special Judge AM Patil under the Maharashtra Control of Organised Crimes Act (MCOCA) passed the judgment. A detailed copy of the judgment is awaited.The court found Rajan, who appeared via video conferencing from Tihar...