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SEBI Relaxes Rule for Minimum 25% Public Stake in Listed Companies - 15.05.2020

Securities and Exchange Board of India (SEBI) has eased the 25% minimum public shareholding norm for listed companies in the wake of the Covid-19 outbreak. The Board has relaxed the requirement for companies that were to have complied with the rule between 1st March, 2020 and 31st August, 2020.

Tags : Securities and Exchange Board of India Public Stake in Listed Companies

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Delhi HC Directs Delhi's Urban Shelter Board to Ensure Adequate Accommodation - 15.05.2020

Delhi High Court has directed Delhi Urban Shelter Improvement Board to ensure, coordinate and facilitate adequate accommodation to patients who are residing in night shelters outside All India Institute of Medical Sciences and their attendants.

Tags : Delhi High Court Adequate Accommodation

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Delhi HC Directs Trial Courts to Not Insist Bail Applicant for Filing Signed/Attested Documents - 15.05.2020

Delhi High Court has directed that in bail matters, there will be no insistence on filing of the signed/attested vakalatanama, affidavits or applications where the applicant is in jail and/or of the family members of such an applicant, reside outside Delhi.

Tags : Delhi High Court Filing Signed/Attested Documents

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Allahabad HC Issues Instructions for Identification of Potential COVID-19 Carriers - 15.05.2020

Allahabad High Court has issued several instructions for the State authorities to ensure that all the migrants, entering the State of Uttar Pradesh after lockdown, are identified and monitored on a day to day basis for potential COVID-19 carriers.

Tags : Allahabad High Court Potential COVID-19 Carriers

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Allahabad HC Allows Recital of Azan from Minarets of Mosques - 15.05.2020

Allahabad High Court has allowed the Muezzins of various mosques in the State to recite the Azan, even amid lockdown, holding that recital of Azan is an integral part of the Islamic religion.

Tags : Allahabad High Court Recital of Azan

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SC Issues Notice in Plea Seeking Extension of Benefits of RBI Circular on Loan Moratorium to NBFCs - 15.05.2020

Supreme Court has issued notice to the Centre and Reserve Bank of India in a plea by The Confederation of Real Estate Developers' Associations of India (CREDAI) which sought for clarification regarding whether all Non-Banking Financial Corporations were eligible for loan moratorium or whether banks had the discretion to give the benefit.

Tags : Supreme Court Loan Moratorium

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SC Panel Builds Digital Module, to Speed Up Disposal of Commercial Disputes - 14.05.2020

Supreme Court's E-Committee, in sync with Government’s initiative on ease of doing business, has developed a paperless module for commercial Courts, where trial shall be conducted in a digital environment, to speed up the disposal of commercial suits.

Tags : Supreme Court Commercial Disputes

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Karnataka HC Imposes Condition for Bail as Self Quarantine for 14-Days - 14.05.2020

Karnataka High Court has granted bail to an accused who has been in prison since March imposing a condition directing him to immediately undergo a medical check up on release and self quarantine himself in his house, for 14 days.

Tags : Karnataka High Court Condition for Bail

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Karnataka HC: Court Cannot Direct State to Make Law for Protection of 'Gig Workers' - 14.05.2020

Karnataka High Court has said the Court cannot direct the State to make a law or the protection of 'gig workers', stating that they may submit a representation before the Government for protection.

Tags : Karnataka High Court Protection of 'Gig Workers'

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Karnataka HC: Migrant Not to be Denied Opportunity to Travel Because of Incapacity to Pay - 14.05.2020

Karnataka High Court has directed the Central and State Government to take immediate decision on the question of paying railway fare of those migrant workers who want to travel back to their States but cannot do so due to their inability to pay.

Tags : Karnataka High Court Migrants Incapacity to Pay

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