SEBI Circular On Standardisation Of Procedure For Debenture Trustees Has Retroactive Application : Supreme Court

The Supreme Court bench comprising Justice Dhananjaya Y Chandrachud, Justice Surya Kant and Justice A S Bopanna allowed retroactive application of SEBI Circular on Standardisation of procedure to be followed by Debenture Trustee(s) in case of default by issuers of listed debt securities. Accordingly, the shareholders of Reliance Commercial Finance Ltd are required carry out a voting process...

Supreme Court Issues Notice To Centre On Plea Challenging Disinvestment Of HLL Life Care Ltd

The Supreme Court, on Friday, issued notice in a plea challenging the disinvestment process of HLL Life Care. Hindustan Latex Limited (HLL), a Central Public Sector Enterprise, incorporated in the year 1996, was nominated by the Ministry of Health And Family Welfare, Govt. of India, in March, 2020, to act as a nodal agency for procurement and supply of vaccines, PPE kits and other...

Non Filing Of Statement By Highways Department Answering Land Owners' Objections Will Not Vitiate Acquisition Under TN Highways Act: Supreme Court

The Supreme Court observed that non-­filing of a statement by the Highways Department answering the objections of land owners shall not vitiate land acquisition proceedings under Tamil Nadu Highways Act, 2001."It is not a mandatory requirement. Therefore, the Highways Department may or may not file a statement by way of answer to the objections.", the bench...

After Setting Aside Punishment In 'Improperly Conducted' Disciplinary Enquiry , Court Cannot Preclude Conduct Of Enquiry From The Point That It Stood Vitiated : Supreme Court

The Supreme Court observed that once a Court set aside an order of punishment on the ground that the enquiry was not properly conducted, the Court should not preclude the employer from holding the inquiry in accordance with law. It must remit the case concerned to the disciplinary authority to conduct the enquiry from the point that it stood vitiated, and to ...

Employee Dismissed After Disciplinary Proceedings Cannot Be Reinstated Merely Because He Was Acquitted In Related Criminal Case: Supreme Court

The Supreme Court observed that an employee who was dismissed from service pursuant to disciplinary enquiry cannot be reinstated merely because he is acquitted by giving benefit of doubt by a criminal court on the same set of charges and facts.Merely because a person has been acquitted in a criminal trial, he cannot be ipso facto reinstated in service., the bench comprising Justices S....

Supreme Court Monthly Digest With Nominal And Subject/Statute Wise Index

Administrative Tribunals Act, 1985; Section 17 - Power of CAT to punish for contempt - Central Administrative Tribunal Rules 13 & 15 - CAT cannot punish for contempt committed in the face of it without trial when the alleged contemnor denies charges - Procedure under Section 14(1)(c) of the Contempt of Courts Act to be followed- CAT has no power of the Supreme Court under Articles...

Teesta Setalvad Walks Out Of Jail On Interim Bail

Social activist Teesta Setalvad, who was under custody since June 25 over alleged fabrication of documents to file cases in relation to 2002 Gujarat riots, has been released from jail after a Sessions Court in Gujarat signed the release order today evening. Persuant thereto, Setalvad, who was granted interim bail by the Supreme Court yesterday, was taken to Ahemdabad jail where rest of...

Smriti Irani & Her Family Made Repeated Assertions Of Goa Restaurant's Ownership, Cannot Turn Around On Those Asking Legitimate Questions: Congress Leaders To Delhi HC

Congress Leaders Jairam Ramesh, Pawan Khera and Netta D'Souza have told the Delhi High Court that when Union Minister Smriti Irani and her family have made "repeated assertions" of ownership of the restaurant named Silly Souls Cafe and Bar, located in Goa, they "cannot turn around when someone else relies on those very assertions to ask legitimate questions."The Congress leaders were...

Courts This Week- A Weekly Round Of Important Legal Developments In The Country [Episode-131]

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'Wholly Misconceived' : Supreme Court Dismisses Writ Petition Challenging Its Judgment Upholding West Bengal Madrasah Service Commission Act

The Supreme Court recently dismissed a writ petition challenging its judgment upholding the constitutionality of West Bengal Madrasah Service Commission Act 2008.The writ petition is wholly misconceived, the bench of Justices Hemant Gupta and Sudhanshu Dhulia observed.The Managing committee of Majna High Madrasah had filed the writ petition challenging the judgment in S.K.Mohd. Rafique Vs....

Motor Accident Claims - Just Compensation Exceeding The Claimed Amount Can Be Awarded: Supreme Court

The Supreme Court observed that Motor Accident Compensation exceeding the claimed amount can be awarded.In the matter of compensation, the amount actually due and payable is to be awarded despite the claimants having sought for a lesser amount and the claim petition being valued at a lesser value, the bench comprising Justices observed.In this case, the Motor Accident Claims Tribunal had...

Supreme Court Dismisses Plea Against Designation Of Senior Advocates By Orissa High Court

The Supreme Court bench comprising Chief Justice U.U. Lalit and Justice Ravindra Bhat on Friday dismissed a petition filed against the decision of the Orissa High Court to designate Senior Advocates.At the outset, the petition stated that the permanent Committee made by the High Court of Orissa was biased and improperly constituted. Further, it was alleged some of the designated advocates had...