Tags : RBI, Central fraud registry, cell
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Information regarding fraud in the name of TRAI(15.11.2023)
1. It has been brought to the notice of Telecom Regulatory Authority of India that some companies / agencies / individuals are fraudulently asking pub.....
Tags : Information, Fraud, Companies
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Extension of the last date of filing of Form NFRA-2(27.11.2019)
The Ministry of Corporate Affairs has received several representations regarding extension of the last date of filing of Form NFRA-2, which is require.....
Tags : Extension, Last date, Form NFRA-2
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RBI announces the Framework on Currency Swap Arrangement for SAARC countries for the period 2019 to 2022(26.11.2019)
To further financial stability and economic cooperation within the SAARC region, the Reserve Bank of India, with the concurrence of the Government of .....
Tags : Framework, Currency Swap Arrangement, SAARC countries
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Revised framework for computation of Net Distributable Cash Flow (NDCF) by Infrastructure Investment Trusts (InvITs)(06.12.2023)
1. Regulation 18(6) of SEBI (Infrastructure Investment Trust) Regulations, 2014 ("InvIT Regulations"), provides that the Net Distributable Cash Flow (.....
Tags : Revised framework, Computation, NDCF
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Guidelines for public issue of units of InvITs(11.05.2016)
The Securities and Exchange Board of India released guidelines for the public issue of units of infrastructure investment trusts.
As with .....
Tags : Infrastructure investment trust, public issue, guidelines
read»
RBI regional offices entrusted UCB fraud monitoring and reporting duties(19.05.2016)
The Reserve Bank of India notified a revised fraud monitoring and reporting mechanism for Primary (Urban) Co-operative Banks.
Under the new.....
Tags : Co-operative bank, fraud, reporting, monitoring
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Rationalisation of Licensing Framework for Authorised Persons (APs) under Foreign Exchange Management Act (FEMA), 1999(26.12.2023)
The framework for licensing of Authorised Persons (APs) under FEMA, 1999 was last reviewed in March 2006. Keeping in view the progressive liberalisati.....
Tags : Rationalisation, Licensing Framework, APs
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SEBI Issues Advisory Against Fraudulent Trading Schemes claiming to be offered to Indian residents by FPIs(26.02.2024)
The Securities and Exchange Board of India (SEBI) has been receiving a number of complaints regarding fraudulent trading platforms which falsely claim.....
Tags : Advisory, Trading Schemes, Frauds
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Extension of implementation date of Circular on 'Review of Margin Framework for Cash and Derivatives segments (except for Commodity Derivatives Segment)'(27.04.2020)
1. SEBI, vide Circular no. SEBI/HO/MRD2/DCAP/CIR/P/2020/27 dated February 24, 2020, reviewed the margin framework for cash and derivatives segments (e.....
Tags : Extension, Implementation date, margin framework
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Master Circular for Alternative Investment Funds (AIFs)(07.05.2024)
1. With an objective to ensure an effective regulatory framework for AIFs, Securities and Exchange Board of India (SEBI) has been issuing various circ.....
Tags : Master Circular, AIFs, Regulatory framework
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Notification regarding Exchange Traded Currency Derivatives(04.04.2024)
In the recent period, some concerns have been expressed about participation in the exchange traded currency derivatives (ETCD) market in the light of .....
Tags : Exchange, Currency Derivatives, Regulatory framework
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RBI announces Draft Framework on introduction of Tri-Party Repo(11.04.2017)
The Reserve Bank of India, today, released the draft framework on the introduction of Tri-Party Repo. Tri-party repo will enable market participants t.....
Tags : Tri-Party Repo, Framework, Announcement
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Notification regarding Exchange Traded Currency Derivatives(04.04.2024)
In the recent period, some concerns have been expressed about participation in the exchange traded currency derivatives (ETCD) market in the light of .....
Tags : Exchange, Currency Derivatives, Regulatory framework
read»
Comprehensive Risk Management Framework for Electronic Gold Receipts (EGR) segment(11.04.2022)
1. SEBI Board in its meeting held on September 28, 2021 approved the framework for Gold Exchange and SEBI (Vault Managers) Regulations, 2021.
.....
Tags : Risk Management, Framework, EGR
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CCI approves combination involving acquisition by IRB Infrastructure Trust in Meerut Budaun Expressway Limited(04.06.2024)
The Competition Commission of India (CCI) has approved the proposed combination involving acquisition by IRB Infrastructure Trust in Meerut Budaun Exp.....
Tags : Acquisition, Approval,IRB Infrastructure
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CEA brings out Draft Resource Adequacy framework for reliable and secured power supply(22.09.2022)
Shri Krishan Pal Gujar, Minister of State for Power & Heavy Industries inaugurated a workshop on "Resource Adequacy- Need and way forward" organized b.....
Tags : Resource Adequacy, Framework, Power supply
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National Bank for Financing Infrastructure and Development (Removal of Difficulties) Order, 2021(01.12.2021)
In exercise of the powers conferred by sub-section (1) of section 46 of the National Bank for Financing Infrastructure and Development Act, 2021 (17 o.....
Tags : National Bank, Financing Infrastructure, Order, 2021
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Updated Harmonized Master List of Infrastructure sub-sectors is notified(11.10.2022)
With the approval of the Competent Authority, an updated Harmonized Master List of Infrastructure sub-sectors (Annexure-I) is hereby notified. The new.....
Tags : Master List, Infrastructure, Sub-sectors
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Workshop on GST to Sensitize Maritime Fraternity(19.06.2017)
The Ministry of Shipping conducted a workshop on "GST for Shipping" in New Delhi today to sensitize all constituents of the maritime fraternity. The w.....
Tags : GST, Workshop, Maritime Fraternity
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Code of Conduct and institutional mechanism for prevention of fraud or market abuse(03.03.2021)
1. Pursuant to the report of the Committee on Fair Market Conduct ('Committee'), set up inter-alia to recommend appropriate Institutional Mechanism to.....
Tags : Conduct, Institutional mechanism, Prevention, Fraud
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Credit Rating-Applicable for Infrastructure Investments(05.01.2021)
In exercise of powers under Regulation 14(2) of the IRDAI (Investments) Regulations, 2016 the Authority directs Insurers to classify Infrastructure in.....
Tags : Credit Rating, Applicability, Infrastructure Investments
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RBI Clarification on Banks under Prompt Corrective Action(05.06.2017)
The Reserve Bank of India has come across some misinformed communication circulating in some section of media including social media, about the Prompt.....
Tags : Corrective action, Framework, Clarification
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Press Note on TRAI's Regulatory framework for Broadcasting and Cable TV sector(03.07.2018)
The Telecom Regulatory Authority of India (TRAI) on 3rd March 2017, notified a regulatory framework for broadcasting and cable TV service provided thr.....
Tags : TRAI's, Regulatory framework, Press Note
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Framework for considering unaffected price for transactions upon confirmation of market rumour(21.05.2024)
1. In terms of Regulation 30(11) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR Regulations"), as amended by SEBI .....
Tags : Framework, Unaffected price, Transactions
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Framework for acceptance of Green Deposits(11.04.2023)
1.Climate change has been recognised as one of the most critical challenges faced by the global society and economy in the 21st century. The financial.....
Tags : Framework, Acceptance, Green Deposits
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Review of Requirement of Counter-Cyclical Capital Buffer(20.04.2023)
The framework on countercyclical capital buffer (CCyB) was put in place by the Reserve Bank in terms of guidelines issued on February 5, 2015 wherein .....
Tags : Review, framework, CCyB
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Circular regarding charges levied by Market Infrastructure Institutions(01.07.2024)
1. Market Infrastructure Institutions (MIIs) being public utility institutions act as first level Regulator and are entrusted with the responsibility .....
Tags : Charges, levy, Market Infrastructure Institutions
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Central Government notifies Mahila Samman Savings Certificate, 2023 as a Scheme framed for the purposes of section 194A(3) of the Income-tax Act, 1961(16.05.2023)
1.In exercise of the powers conferred by sub-clause (c) of clause (i) of sub-section (3) of section 194A of the Income-tax Act, 1961 (43 of 1961), the.....
Tags : Scheme, Framing of, Notification,
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Central Government notifies the infrastructure debt fund namely, the Kotak Infrastructure Debt Fund Limited(31.03.2022)
In exercise of the powers conferred by clause (47) of section 10 of Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the infr.....
Tags : Infrastructure debt, Fund, Notification
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CCI approves acquisition of 100% equity stake, management and control in 12 special purpose vehicles of PNC Infratech Limited and PNC Infra Holdings by Highway Infrastructure Trust(07.08.2024)
The Competition Commission of India (CCI) has approved the acquisition of 100% equity stake, management and control in twelve (12) special purpose veh.....
Tags : Acquisition, Approval, PNC Infratech
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Reserve Bank invites comments on the draft framework for recognition of a Self-Regulatory Organisation for Payment System Operators(18.08.2020)
As announced in the Statement on Developmental and Regulatory policies issued as part of Monetary Policy statement dated February 6, 2020, the Reserve.....
Tags : Draft framework, Recognition, Self-Regulatory Organisation
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RBI releases framework for authorisation of pan-India Umbrella Entity for Retail Payments(18.08.2020)
Reserve Bank has today placed on its website, the 'framework for authorisation of pan-India Umbrella Entity for Retail Payments'. The framework has be.....
Tags : Framework, Authorisation, Retail Payments
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Framework for Corporate Debt Market Development Fund (CDMDF)(27.07.2023)
1. Chapter III-C has been inserted vide amendments to SEBI (Alternative Investment Funds) Regulations, 2012 vide Gazette notification no. SEBI/LAD- NR.....
Tags : Framework, CDMDF, Facility
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Central Government declares Critical Information Infrastructure of the Indian Bank to be protected systems(26.07.2023)
In exercise of the powers conferred by sub-sections (1) and (2) of section 70 of the Information Technology Act, 2000 (21 of 2000), the Central Govern.....
Tags : Critical Information, Infrastructure, Declaration
read»
RBI Central Board meets at Mumbai(19.11.2018)
The Reserve Bank of India's (RBI) Central Board met today in Mumbai and discussed the Basel regulatory capital framework, a restructuring scheme for s.....
Tags : Central Board, Meeting, Capital framework
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News
NGT Raps DSIIDC Over Functioning of CETPs in Okhala and Lawrence Road(31.07.2015)
National Green Tribunal (NGT) has rapped Delhi State Industrial and Infrastructure Development Corporation Ltd (DSIIDC) over functioning of common eff.....
Tags : National Green Tribunal, Delhi State Industrial and Infrastructure Development Corporation Ltd
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Bombay HC Passes Landmark Directions on Judicial Infrastructure(08.05.2017)
Bombay HC has passed directions concerning issues of infrastructure of Civil & Criminal Courts, along with Co-operative Courts, Motor Accidents Claims.....
Tags : Bombay HC, Judicial Infrastructure
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Bombay High Court: State Duty Obliged to Provide Adequate Judicial Infrastructure(09.05.2017)
Bombay High Court has said that State Government is obligated to provide citizens adequate number of courts and infrastructure for them, and that it c.....
Tags : Bombay High Court, Judicial Infrastructure
read»
Delhi High Court: Report Clearing Air France Officer of Sexual Harassment Invalid(31.05.2018)
Delhi High Court has directed Air France to inquire afresh into allegations of repeated sexual harassment made by an Indian employee against a Frenchm.....
Tags : Delhi High Court, Air France
read»
#Union Budget 2021-2022: Union Govt Proposes Agriculture Infrastructure and Development Cess(01.02.2021)
Union Government has proposed Agriculture Infrastructure and Development Cess (AIDC) on petrol and diesel at the rate of Rs.2.5/litre on petrol and Rs.....
Tags : Union Government, Union Budget, Agriculture Infrastructure and Development Cess
read»
SC Directs Distribution of Amount to Unit Holders Under Franklin Templeton's Six Mutual Fund Schemes(03.02.2021)
Supreme Court has directed Franklin Templeton to distribute Rs. 9122 Crores amongst the unit holders under the six mutual fund schemes. The Court has .....
Tags : Supreme Court, Franklin Templeton
read»
Infrastructure Projects: RBI Relaxes Refinancing Norms for NBFCs(03.06.2016)
RBI in order to encourage infrastructure financing has eased norms for NBFCs to refinance such projects and provide longer repayment tenures.
Tags : RBI, Infrastructure, NBFCs
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Bombay HC Imposes 50,000 Fine on CBI For Arrest of Woman After Sunset(21.05.2018)
Bombay High Court has slapped a fine of Rs. 50,000 on the Central Bureau of Investigation (CBI) for an illegal arrest made by its officer in the PNB f.....
Tags : Bombay High Court, PNB fraud
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COMPANY - SC: Companies Act Does Not Stipulate Any Fixed Period for Completion of Serious Fraud Investigation(28.03.2019)
SC while holding that there is no stipulation of any fixed period for completion of a Serious Fraud investigation observed that stipulation in Section.....
Tags : Supreme Court, Section 212(3) of the Companies Act, 2013, Serious Fraud investigation
read»
National Company Law Tribunal Clears NBCC Offer for Jaypee Infratech(04.03.2020)
National Company Law Tribunal has approved NBCC’s offer to take over Jaypee Infratech, which has to deliver apartments, plots and villas to nearly 21,.....
Tags : National Company Law Tribunal, TAkeover of Jaypee Infratech
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NCLT: Rs. 750 Cr. Paid by JAL for Obligation of JIL Should be Treated As Asset of Corporate Debtor(06.03.2020)
National Company Law Tribunal has observed that Rs. 750 Crore deposited by Jaypee Infratech’s (JIL) parent firm Jaiprakash Associates (JAL) with the S.....
Tags : National Company Law Tribunal, Jaypee Infratech
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SC: Appointment Secured on Basis of Fraudulent Caste Certificate is Void Ab Initio(16.03.2020)
Supreme Court has observed that an appointment secured based on a fraudulent caste certificate is void ab initio and Government Resolutions and Circul.....
Tags : Supreme Court, Fraudulent Caste Certificate
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SC Restrains Suo Moto Case on COVID Vaccination Priority for Legal Fraternity(18.03.2021)
Supreme Court has restrained the Delhi High Court from proceeding with the suo moto case taken by it to consider including legal fraternity in the pri.....
Tags : Supreme Court, COVID Vaccination Priority for Legal Fraternity
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Bombay HC Slams State Government over Poor Infrastructure for Judiciary(03.11.2016)
Bombay High Court has observed that Maharashtra Government should realize that if it cannot support its own judiciary by giving infrastructure and sta.....
Tags : Bombay High Court, infrastructure, pending matters, disposal
read»
Allahabad HC Refers Yamuna Expressway Land Acquisition Dispute to Arbitration(04.11.2016)
Allahabad High Court has referred to arbitration a dispute between Yamuna Expressway Authority and JP Infratech Ltd in connection with enhanced compen.....
Tags : Allahabad High Court, arbitration, Yamuna Expressway, JP Infratech
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Supreme Court Stays NCLT Proceeding Against Jaypee Infratech Limited(04.09.2017)
Supreme Court has stayed National Company Law Tribunal (NCLT) proceedings against Jaypee Infratech Limited. NCLT had, while acting on an insolvency pl.....
Tags : Supreme Court, Jaypee Infratech Limited
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Supreme Court Orders Jaypee Infratech to Deposit Rs 2,000 Crore by Oct 27(11.09.2017)
Supreme Court has asked Jaypee Infratech to deposit Rs 2,000 crore by October 27. The Apex Court has restrained Jaypee MD and other directors from fly.....
Tags : Supreme Court, Jaypee Infratech
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Madras HC: Compensation for Refraining from Carrying Out Competitive Business is Capital Receipt(08.04.2021)
Madras High Court has dismissed the appeal of the revenue and has held that the Compensation received for refraining from carrying on competitive busi.....
Tags : Madras High Court, Compensation for Refraining from Carrying Out Competitive Business
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Supreme Court Stays High Court Proceedings on COVID Vaccination Priority for Legal Fraternity(12.04.2021)
Supreme Court has ordered a stay on proceedings before all High Courts in the cases regarding inclusion of legal fraternity in the priority list for C.....
Tags : Supreme Court, COVID Vaccination Priority for Legal Fraternity
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MP High Court Declines to Issue Order to Set Up Dispensary for Legal Fraternity(23.06.2017)
Madhya Pradesh High Court has declined to issue any direction to set up a dispensary on the Court premises or specialised hospitals at divisional head.....
Tags : Madhya Pradesh High Court, Dispensary, Legal Fraternity
read»
Supreme Court Issues Directions to Revamp Judicial Infrastructure(03.08.2018)
Supreme Court has issued a slew of directions to revamp judicial infrastructure and the quality of justice administration in courts across the country.....
Tags : Supreme Court, Judicial Infrastructure
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NCLT Allahabad Extends Resolution Time for Jaypee Infratech(07.05.2019)
National Company Law Tribunal, Allahabad has directed that the corporate insolvency resolution process in the Jaypee Infratech matter continue until M.....
Tags : NCLT Allahabad, Jaypee Infratech
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Delhi HC Asks Centre, Delhi Govt to Collectively Resolve Issues of 99-yr-old Dilapidated School(07.05.2019)
Delhi High Court has asked the Centre and Delhi Government to collectively resolve the issue of allotment of an alternative land for construction of n.....
Tags : NCLT Allahabad, Jaypee Infratech
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Delhi HC Directs SIT to Complete Investigation in Plea Seeking Inquiry into Banking Fraud(18.03.2020)
Delhi High Court has directed the Special Investigation Team to conclude investigation into banking frauds as expeditiously as possible and in all cir.....
Tags : Delhi High Court, Banking Fraud Cases
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Delhi HC Directs Union to File Affidavit in Case Regarding Covid Vaccine for Legal Fraternity(05.03.2021)
Delhi High Court has directed the Union, government of Delhi, Bharat Biotech and Serum Institute of India to file their affidavits addressing various .....
Tags : Delhi High Court, Covid Vaccine for Legal Fraternity
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Patna HC: Telecom Companies Violating TRAI Guidelines By Not Lodging FIRs in Cyber Frauds(13.01.2022)
Patna High Court has observed that the Telecom companies are violating the guidelines of the Telecom Regulatory Authority of India (TRAI) by not regis.....
Tags : Patna High Court, Lodging FIRs in Cyber Frauds
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NCLT Consults Centre, Bankruptcy Board to Resolve Jaypee Infra Deadlock(22.04.2019)
National Company Law Tribunal’s (NCLT) has sought views from government and Insolvency and Bankruptcy Board of India (IBBI) on ways to resolve the dea.....
Tags : NCLT, Jaypee Infratech
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Bombay High Court Pulls Up Ministry for Failure to Provide Infra For Debt Recovery Tribunals(14.02.2020)
Bombay High Court has come down heavily upon the central Government for failing to provide adequate infrastructure and manpower to the Debt Recovery T.....
Tags : Bombay High Court, Infrastructure for Debt Recovery Tribunals
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Securities and Exchange Board of India Fines Nine Firms Over Fraudulent Trading in Turbotech(19.02.2020)
Securities and Exchange Board of India has imposed a total fine of Rs. 59 Lakhs on nine firms for indulging in fraudulent trading in the scrip of Turb.....
Tags : Securities and Exchange Board of India, Fraudulent Trading in Turbotech
read»
Patna HC Seeks Details on Health Infrastructure in Bihar from Chief Medical Officers(17.12.2021)
Patna High Court has asked the Chief Medical Officers presently posted in all the 38 districts of Bihar to furnish details regarding health infrastruc.....
Tags : Patna High Court, Details on Health Infrastructure in Bihar
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Allahabad High Court Enquires on Number of People Getting Pensions Fraudulently(27.12.2021)
Allahabad High Court has asked the State of Uttar Pradesh to specify as to how many persons are getting pensions fraudulently by showing themselves to.....
Tags : Allahabad High Court, Fraudulent Pensions
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Karnataka High Court Stays Retrospective Payment of Tax on Annuity to Infra Companies(27.12.2021)
Karnataka High Court has stayed proceedings initiated by the goods and services tax (GST) authorities seeking retrospective payment of tax on annuity .....
Tags : Karnataka High Court, Retrospective Payment of Tax on Annuity to Infra Companies
read»
NCLAT Upholds MCA's Move to Freeze Assets of Independent Directors in PNB Fraud Case(13.07.2018)
National Company Law Appellate Tribunal (NCLAT) has upheld Ministry of Corporate Affairs' plea to freeze assets of independent directors of companies .....
Tags : NCLT, PNB Fraud Case
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SC: Strong Suspicion for Framing Charges must based on Materials Which Can Be Translated to Evidence(25.04.2019)
Supreme Court has observed that a strong suspicion would suffice at the stage of framing charge against the accused if the same has been founded on so.....
Tags : Supreme Court, Framing of Charges
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Bombay High Court Gives Relief to MEP Infrastructure Developers on Pledged Shares(08.04.2020)
Bombay High Court has given interim relief to MEP Infrastructure Developers’ director, Anuya Jayant Mhaiskar and toll collection company, Ideal Toll &.....
Tags : Bombay High Court, MEP Infrastructure Developers
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Delhi HC Inquires on Boosting of Medical Infrastructure During Covid Surge(26.04.2021)
Delhi High Court has inquired from the Delhi Government as to how it is planning to boost medical infrastructure in order to meet the potential requir.....
Tags : Delhi High Court, Boosting of Medical Infrastructure
read»
Tripura HC Directs State to Inspect All Govt Schools, Look Out for Shortfall of Teachers & Infra Need(28.02.2022)
Tripura High Court has directed the Tripura state to carry out inspection of all State Government schools within the State of Tripura and to take such.....
Tags : Tripura High Court, Shortfall of Teachers & Infra Needs
read»
Delhi High Court Refuses to Quash Summons in GST Fraud Case(03.03.2022)
Delhi High Court has refused to quash the summons against a person accused of creating numerous fake firms and availing Input Tax Credit (ITC) fraudul.....
Tags : Delhi High Court, Summons in GST Fraud Case
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Kerala High Court Grants Conditional Bail to Bishop Franco Mulakkal in Kerala Nun Rape Case(16.10.2018)
Kerala High Court has granted bail to Bishop Franco Mulakkal and also directed the Bishop to surrender his passport and not to enter Kerala state exce.....
Tags : Kerala High Court, Bishop Franco, Nun Rape Case
read»
NCLAT Permits 90 Day Extension in Jaypee Infra CIRP(31.07.2019)
National Company Law Appellate Tribunal (NCLAT) has extended the Corporate Insolvency Resolution Period of Jaypee Infratech for 90 days--a period duri.....
Tags : NCLAT, Jaypee Infra
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NCLAT Sets Aside NCLT Order Directing Return of Land to Jaypee Infratech(02.08.2019)
National Company Law Appellate Tribunal (NCLAT) has quashed a National Company Law Tribunal’s (NCLT) Allahabad Bench’s May 18, 2018 order which had di.....
Tags : NCLAT, Jaypee Infratech
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NCLAT Upholds Insolvency Proceedings Against Housing Development & Infrastructure Ltd.(21.07.2020)
National Company Law Appellate Tribunal (NCLAT) has upheld the order against the real estate giant, Housing Development & Infrastructure Limited (HDIL.....
Tags : National Company Law Appellate Tribunal, Housing Development & Infrastructure Limited
read»
Rajasthan HC: Medical Evidence Cannot be Doubted at Stage of Framing of Charges(25.04.2022)
Rajasthan High Court has observed that medical evidence cannot be doubted, that too, at the stage of framing of charges, where as per the settled law .....
Tags : Rajasthan High Court, Medical Evidence, Stage of Framing of Charges
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Kerala HC: Land Used For Cultivating Long Duration Crops Not Ecologically Fragile(28.04.2022)
Kerala High Court has ruled that the land primarily used for the cultivation of crops of long duration can’t be stated as ecologically fragile land un.....
Tags : Kerala High Court, cultivation of crops, Kerala Forest (Vesting and Management of Ecologically Fragile Lands) Act, 2003, ecologically
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CRIMINAL - SC Admits Reliance Infra Minor's Plea Challenging HC order Favouring DMRC(19.02.2019)
Supreme Court has admitted a Special Leave Petition filed by its subsidiary challenging a Delhi High Court order that set aside an over Rs. 5,800 cror.....
Tags : Supreme Court, Reliance Infra
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ARBITRATION - SC Admits Reliance Infra Minor's Plea Challenging HC order Favouring DMRC(19.02.2019)
Supreme Court has admitted a Special Leave Petition filed by Reliance Infra's subsidiary challenging a Delhi High Court order that set aside an over R.....
Tags : Supreme Court, Reliance Infra
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CIVIL - SC Pulls Up Governments for ‘Pathetic’ State of Court Infrastructure(20.02.2019)
Supreme Court has blamed decades-old apathy of Centre and state governments for “unimaginably pathetic” condition of court buildings and lack of adequ.....
Tags : Supreme Court, Pathetic State of Court Infrastructure
read»
Allahabad HC Directs Govt to Take Appropriate Steps to Stop Fraudulent Recovery of Late Fees(20.10.2021)
Allahabad High Court has directed the Uttar Pradesh Government to take appropriate steps to stop the fraudulent practice being adopted by the colleges.....
Tags : Allahabad High Court, Fraudulent Recovery of Late Fees
read»
SC to States: Give Details of Funds Disbursed for Judiciary from 2017-2022(27.07.2022)
Supreme Court while expressing concerns at the lack of proper judicial infrastructure in many States, has directed the Law Secretaries of all State Go.....
Tags : Supreme Court, Judicial Infrastructure, Budget Allocation
read»
Madras HC to Police: Register Case for Fraudulent Appointment in Panchayat Office(28.07.2022)
Madras High Court has directed the jurisdictional police to register a criminal case and proceed according to the law in the matter pertaining to frau.....
Tags : Madras High Court, Police, Fraudulent Appointment, Panchayat
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SC Grants Relief to Lanco Infratech(19.10.2015)
SC while providing relief Lanco Infratech, has directed Andhra Pradesh Power Utilities to refund about Rs 175 crore of Minimum Alternate Tax (MAT) col.....
Tags : SC , Lanco Infratech
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Delhi HC Orders Background Check of 21-Year-Old Student’s 68-Year-Old Foreign National ‘Wife’(26.10.2015)
Delhi HC on a plea filed by 21 year old man who is having 68-year-old foreigner “wife”,to allow extention of her visa in India, has found age differen.....
Tags : Delhi HC, green card fraud, human trafficking
read»
Delhi HC Upholds Extradition of NRI to United States in Bank Fraud Conspiracy Case(10.08.2017)
Delhi High Court has upheld order of extradition of an NRI to United States in a case alleging bank fraud conspiracy.
Tags : Delhi High Court, Bank Fraud Conspiracy
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NCLT Orders Liquidation of Lanco Infratech(28.08.2018)
Hyderabad bench of National Company Law Tribunal has ordered the liquidation of Lanco Infratech after the committee of creditors rejected the revised .....
Tags : NCLT, Lanco Infratech
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SEBI Asks Franklin to Return Money to Investors in 6 Funds(08.05.2020)
Securities and Exchange Board of India has asked Franklin Templeton Mutual Funds to focus on returning the money to investors stuck in six funds as so.....
Tags : Securities and Exchange Board of India, Franklin Templeton Mutual Funds
read»
Del HC Issues Directions to Centre and State Payment of Unpaid Dues to Reliance Infra(18.03.2023)
Delhi High Court has directed Centre and State to attend to DMRC’s request for extension of sovereign guarantee or subordinate debt to enable it make .....
Tags : Delhi High Court, DMRC, Reliance Infra, Arbitral Award
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SC: Before Classifying A/Cs as Fraud, Banks Must Give Borrowers Opportunity of Hearing(27.03.2023)
Supreme Court has held that principles of audi alteram partem, howsoever short, have to be applied before declaring a party as 'a fraudulent borrower'.....
Tags : Supreme Court, Audi Alteram Partem, Fraud, Bank
read»
Court Directs Realty Firm MD to Surrender(20.10.2016)
A Delhi court while dismissing anticipatory bail of Punit Beriwala, MD of Vipul Infrastructure Developers, has ordered him to surrender in the crimina.....
Tags : Delhi court, Vipul Infrastructure Developers, anticipatory bail
read»
Kerala High Court Rejects Bishop Franco Mulakkal’s Bail Plea(04.10.2018)
Kerala High Court has turned down a bail plea of Bishop Franco Mulakkal, who has been arrested on the charge of raping a nun.
Tags : Kerela High Court, Bishop Franco
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SC Dismisses Bishop Franco Mulakkal's Plea Seeking Discharge from Nun Rape Case(05.08.2020)
Supreme Court has dismissed the plea of Bishop Franco Mulakkal seeking discharge from the criminal trial in the nun-rape case.
Tags : Supreme Court, Bishop Franco Mulakkal
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Delhi HC: Elaborate Investigation at Stage of Framing Charges Discouraged(05.04.2022)
Delhi High Court has held that an investigation into the offence and elaborate appreciation of evidence is not important and is rather not encouraged .....
Tags : Delhi High Court, appreciation of evidence, framing of charges, prima facie
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Delhi HC Grants Interim Protection From Arrest to SpiceJet Promoter Ajay Singh in Fraud Case(08.04.2022)
Delhi High Court has granted interim protection from arrest to Ajay Singh, SpiceJet Promoter in an alleged fraud case with regard to transfer of airli.....
Tags : Delhi High Court, interim protection, arrest, Ajay Singh, SpiceJet Promoter, fraud
read»
Ker. HC: Family Court Must Fix Time Frame for Disposing Application for Time Bound Adjudication(12.04.2023)
Kerala High Court while observing that Family Courts can’t dispose application for time bound adjudication by stating ‘will be disposed of at the earl.....
Tags : Kerala High Court, Time Bound Adjudication, Time Frame
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SC: Public Prosecutors Should be Vigilant While Framing of Charges(18.04.2023)
Supreme Court has observed that apart from the duty of the Trial Court, even the public prosecutor has a duty to be vigilant, and if a proper charge i.....
Tags : Supreme Court, Public Prosecutors, Framing of Charges
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SC: Alleging Fraud & Collusion Between Counsel After Many Years Doesn’t Renders Decree Invalid(24.03.2017)
Supreme Court has observed that allegation of fraud and collusion between counsel for opposite parties, after many years, ipso facto does not render d.....
Tags : Supreme Court, Fraud, Collusion, Decree
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Bombay High Court Allows Auction of Housing Development and Infrastructure Limited Assets(15.01.2020)
Bombay High Court has allowed a Public Interest Litigation seeking auction of all Housing Development and Infrastructure Limited assets, either mortga.....
Tags : Bombay High Court, Housing Development and Infrastructure Limited
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Supreme Court: Basis that Allegations of Fraud are not Arbitrable is a Wholly Archaic View(13.01.2021)
Supreme Court has ruled that the ground that allegations of fraud are not arbitrable is a wholly archaic view, which has become obsolete, and deserves.....
Tags : Supreme Court, Fraud, Arbitrable
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Kerala HC Dismisses Revision Petition Filed by S. Vijayan in ISRO Espionage Frame-Up Case(16.11.2021)
Kerala High Court has dismissed a revision petition filed by S. Vijayan, former police officer and an accused in the ISRO espionage frame-up case, aga.....
Tags : Kerala High Court, ISRO Espionage Frame-Up Case
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Del. HC: SFIO Not Barred from Investigating Offence Under IPC(26.12.2023)
Delhi High Court has held that a conjoint reading of Sections 4(1) & 154 of CrPC and Sections 212 & 219 of Companies Act, 2013, it cannot be said that.....
Tags : Delhi High Court, Serious Fraud Investigation Office, CrPC, Companies Act
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Delhi High Court Stays NAA Order on Pyramid Infrastructure(21.11.2018)
Delhi High Court has given interim relief to real estate developer Pyramid Infrastructure, which had been fined for profiteering under GST.
Tags : Delhi High Court, Pyramid Infrastructure
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Karnataka HC Pulls Up SEBI for Acting Promptly in Franklin Templeton Case(26.10.2020)
Karnataka High Court has pulled up the Securities and Exchange Board of India (SEBI) for failing to act promptly to sustain the confidence of the inve.....
Tags : Karnataka High Court, Securities and Exchange Board of India, Franklin Templeton Case
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Karnataka HC Restrains Franklin Templeton from Proceeding with Winding Up of Schemes(26.10.2020)
Karnataka High Court has restrained Franklin Templeton Investments (FT) from proceeding with the winding up of debt fund schemes without obtaining the.....
Tags : Karnataka High Court, Franklin Templeton
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SC Directs Special Judge to Submit Report on Non-Framing of Charges Against Hameer Ui Uddin(01.09.2021)
Supreme Court has directed the Special Judge, Designated Court, Ajmer, Rajasthan to submit a report to the Top Court explaining as to why charges have.....
Tags : Supreme Court, Non-Framing of Charges Against Hameer Ui Uddin
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Del HC: Voice Sample of Accused Can be Obtained After Filing of Charge Sheet With Court's Permission(08.08.2022)
Delhi High Court has held that framing of charges cannot defeat the right of the prosecution to obtain an expert opinion on voice samples that it had .....
Tags : Delhi High Court, Framing of Charges, Voice Samples, Expert Opinion
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Bombay HC: Can’t Refuse Referral of Dispute to Arbitration on Basis of Allegations of Fraud Simplicit(21.04.2025)
Bombay High Court has held that merely on the basis of allegations of fraud simpliciter, dispute cannot be refused referral to arbitration under Secti.....
Tags : Bombay High Court, Fraud Simpliciter, Arbitration
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RBI Eases Stressed Asset Resolution Norms(11.11.2016)
Reserve Bank of India (RBI) has eased rules for various stressed asset resolution schemes and expanded scope of a loan recast plan previously limited .....
Tags : Reserve Bank of India , infrastructure sector, Stressed Asset Resolution
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Supreme Court: Jaypee Homebuyers Will Get Their Money Back(19.09.2017)
Supreme Court has said that it could ask Jaiprakash Associates Ltd (JAL) to deposit Rs 10,000 crore-15,000 crore more to ensure that the homebuyers go.....
Tags : Supreme Court, Jaypee Infratech
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SC: Franklin Templeton Will Not Launch Any New Debt Scheme Till Disposal of Appeal(27.07.2021)
Supreme Court has recorded that Franklin Templeton Asset Management India Pvt Ltd will not launch any new debt scheme till disposal of its appeal pend.....
Tags : Supreme Court, Franklin Templeton
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SC: Can’t Set Aside Confirmed Sale Except for Fraud, Collusion, Inadequate Pricing(16.12.2024)
SC has explained that any sale by auction or other methods under SARFAESI Act once already confirmed/concluded ought not to be set-aside or interfered.....
Tags : Supreme Court, Sale Process, Fraudulent
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Cal. HC: Statutory Framework under CGST Act Provides Mechanisms to Address Assessee’s Concerns(26.12.2024)
Calcutta HC has observed that the statutory framework under the CGST Act, 2017 provides adequate mechanisms for addressing the Assessee’s concerns, in.....
Tags : Calcutta High Court, CGST Act, Statutory Framework
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SC: Bank is Responsible to Safeguard Customers against Fraudulent Transactions(07.01.2025)
SC has stated that it is the responsibility of the bank to safeguard customers from unauthorized and fraudulent transactions and the Bank should remai.....
Tags : Supreme Court, Fraudulent Transactions, Safeguard Customers
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RBI Operationalise CFR(22.01.2016)
Reserve Bank of India (RBI), in order to minimize frauds, has operationalised a Central Fraud Registry (CFR) with effect from January 20.
Tags : Reserve Bank of India, Central Fraud Registry
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SC Vacates Madras HC's Order Staying Patta under FRA(03.02.2016)
SC has vacated an interim order of Madras High Court staying issue of patta under Scheduled Tribes and Other Traditional Forest Dwellers (Recognition .....
Tags : SC, Madras High Court , FRA
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NCLAT Disposes of Contempt Plea Against Reliance Infratel(03.01.2019)
NCLAT has disposed of a contempt plea against Reliance Infratel filed by HSBC Daisy Investments (Mauritius) and other minority shareholders over defau.....
Tags : NCLAT, Reliance Infratel
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SEBI Levies Two-Year Ban on Individual for Fraudulent Trading(17.10.2019)
Securities and Exchange Board of India has barred an individual for two years from the capital markets for indulging in fraudulent trade practices, wh.....
Tags : SEBI, Fraudulent Trading
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Allahabad HC Asks for Filing of Affidavit for Provising Necessary Infrastructure to Revenue Courts(24.11.2020)
Allahabad High Court has asked the State Chief Secretary to file an affidavit indicating the steps taken by the Uttar Pradesh Government to provide ne.....
Tags : Allahabad High Court, Infrastructure to Revenue Courts
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Delhi Court Denies Bail to Avantha Group Promoter Gautam Thapar in Yes Bank Loan Fraud Case(01.11.2021)
Delhi Court has rejected the bail application filed by Avantha Group Promoter Gautam Thapar in connection with the Yes Bank loan fraud case.
Tags : Delhi Court, Yes Bank Loan Fraud Case
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Supreme Court: Sports Foster Fraternity and Sporting Facilities Should Not Be Limited To Urban Elite(22.09.2025)
In the judgment finalising the Constitution of the All-India Football Federation, the Supreme Court emphasised that sports foster fraternity and inclu.....
Tags : Sports, Fraternity, All-India Football Federation
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RBI Amends Norms on Bank Frauds(19.04.2016)
Reserve Bank of India (RBI), while amending disclosure norms, has asked banks to disclose fraud cases and make provisions for them not exceeding four .....
Tags : Reserve Bank of India, Bank Frauds
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Bombay HC Slaps Reliance Infra Rs 1 Lakh for ‘Abuse of Legal Process’(20.04.2016)
Bombay HC has slapped a fine of Rs 1 lakh on Reliance Infrastructure for filing a petition that it termed an "abuse of the process of law".
Tags : Bombay HC, Reliance Infrastructure
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Kerala High Court Directs Excise Commissioner To Ensure Proper Infrastructure At Liquor Stores(16.09.2021)
Kerala High Court has directed the Excise Commissioner to not default in complying with the instructions passed by the Court regarding appropriate inf.....
Tags : Kerala High Court, Proper Infrastructure At Liquor Stores
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Karnataka HC Directs Registrar General to Expedite Process of Framing Rules for Live Streaming(17.09.2021)
Karnataka High Court has directed its Registrar-General to expedite the process of framing rules for live streaming of the court’s proceedings after n.....
Tags : Karnataka High Court, Process of Framing Rules for Live Streaming
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Karnataka HC Directs Registrar General to Expedite Process of Framing Rules for Live Streaming(17.09.2021)
Karnataka High Court has directed its Registrar-General to expedite the process of framing rules for live streaming of the court’s proceedings after n.....
Tags : Karnataka High Court, Process of Framing Rules for Live Streaming
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Securities and Exchange Board of India Fines Jindal Cotex Officials for GDR Fraud(24.01.2020)
Securities and Exchange Board of India has slapped a fine of Rs. 10.7 Crores on Jindal Cotex and its three officials in a matter related to manipulati.....
Tags : Securities and Exchange Board of India, Jindal Cotex, GDR Fraud
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CESTAT: Mere Use of Word ‘Principle to Principle’ Basis Not Franchise Service, Not Taxable(27.01.2020)
Customs Excise and Services Tax Appellate Tribunal (CESTAT) has held that mere use of the word ‘principle to principle’ cannot be a basis for attracti.....
Tags : Customs Excise and Service Tax Appellate Tribunal, Franchise Service
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Securities and Exchange Board of India Fines 21 Entities for Fraudulent Trading(28.01.2020)
Securities and Exchange Board of India has slapped a total fine of Rs 1.89 Crores on 21 entities for executing fraudulent trading in Sarang Chemicals .....
Tags : Securities and Exchange Board of India, Fraudulent Trading
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SC Approves SBI Application for Proposed Distribution Mechanism to be Followed by Franklin Templeton(10.02.2021)
Supreme Court has approved the application filed by SBI Mutual Fund and SBI Funds Management Pvt Ltd, for placing on record the distribution mechanism.....
Tags : Supreme Court, Franklin Templeton, SBI
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Ker. HC: Non-Compliance of MSME Framework Doesn’t Nullify NPA Declaration Under SARFAESI(15.09.2023)
Kerala High Court has held that failure to abide by the terms of the notification of 2015 prescribing ‘Framework for Revival and Rehabilitation of Mic.....
Tags : Kerala High Court, MSME Framework, NPA, SARFAESI
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Supreme Court: Failure on Part of State Led to Development of Private Hospitals(05.03.2025)
Supreme Court has observed that in proportion to the population of this country, the states have not been able to develop the requisite medical infras.....
Tags : Supreme Court, Private Hospitals, Medical Infrastructure
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NCLT Prohibits Nirav Modi, Mehul Choksi And 62 Others From Selling Their Assets(06.03.2018)
Mumbai Bench of the National Company Law Tribunal (NCLT) has restrained Nirav Modi, Mehul Choksi and 62 others associated with the two diamond dealers.....
Tags : PNB Fraud, Nirav Modi
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CIVIL - SC Asks Centre to Disburse Funds for Infrastructure in Subordinate Judiciary(01.03.2019)
Supreme Court has directed Centre to disburse funds allocated for various state governments to develop infrastructure in subordinate judiciary within .....
Tags : Supreme Court, Judicial Infrastructure
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CRIMINAL - Madras HC Sets Free HIV+ Man Convicted for Fraud(05.03.2019)
Madras High Court has granted liberty to a man who was convicted and sentenced to one month of imprisonment for swindling public money from a co-opera.....
Tags : Madras High Court, HIV+ Man Convicted for Fraud
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ITAT: Business of Infrastructure Development Comes Under The Definition of Developer(19.07.2022)
Income Tax Appellant Tribunal (ITAT), Ahmedabad Bench has held that the business of infrastructure development comes under the definition of developer.....
Tags : ITAT, Infrastructure Development, Developer
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SC: Breach of Promise to Marry Doesn’t Amount to Rape Unless Fraudulent Intent Exists(26.03.2025)
Supreme Court while quashing a rape case against a man accused of forcible sex under the pretext of marriage, has observed that a breach of a promise .....
Tags : Supreme Court, Promise to Marry, Fraudulent Intent
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SC: Can’t Recover Excess Payments Made to Employee in Absence of Fraud or Misrepresentation(07.04.2025)
Supreme Court has observed that if an excess payment made to an employee was not on account of any fraud or misrepresentation on the part of the emplo.....
Tags : Supreme Court, Excess Payments, Fraud, Misrepresentation
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Bombay High Court Directs SEBI to Inquire Role of FTIL in NSEL Payment Fraud(13.08.2015)
Bombay High Court has directed Security and Exchange Board of India(SEBI) to inquire role of Financial Technologies India Limited(FTIL) in Rs. 5574 cr.....
Tags : Bombay High Court,Security and Exchange Board of India,FTIL,NSEL Payment Fraud
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SC Seeks Government Response on Doctor’s PPE Plea for Medical Fraternity(02.04.2020)
Supreme Court has asked the Government to respond to a doctor’s plea for a Court direction to the Government to urgently step up and issue World Healt.....
Tags : Supreme Court, Personal Protection Equipment for Medical Fraternity
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Kar HC: Shareholder Can't Itself Initiate Proceeding Before Magistrate for Fraud Under Companies Act(27.10.2022)
Karnataka High Court has held that a shareholder, minority or otherwise, cannot initiate proceedings before the Magistrate by himself or herself for a.....
Tags : Karnataka High Court, Shareholder, Fraud
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CIC Issues Summon to Secretary to L-G over RTI on Tax Fraud(22.09.2015)
Central Information Commission (CIC) while taking serious view of how an RTI application was handled by Lieutenant Governor secretariat, Information C.....
Tags : Central Information Commission,RTI on Tax Fraud
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RBI Limits Consumer Liability In Cases Of Online Fraud(13.07.2017)
RBI has mandated Banks to urge their customers to mandatorily register for SMS alerts, and, wherever available, to register for e-mail alerts, for ele.....
Tags : RBI, Online Fraud
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NCLT Gives Nod to Bharti Infratel and Indus Towers Merger(03.06.2019)
National Company Law Tribunal Chandigarh has approved the merger of Indus Towers with Bharti Infratel which will create one of the largest telecom tow.....
Tags : NCLT, Bharti Infratel
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Supreme Courts Asks Centre to Consider Framing Model Community Kitchen Schemes(18.01.2022)
Supreme Court has asked the Union of India to consider preparing a model scheme for community kitchens across the country and providing additional foo.....
Tags : Supreme Court, Framing Model Community Kitchen Schemes
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J&K&L HC: Enquiry Before Termination Not Necessary if Appointment Obtained Fraudulently(06.12.2022)
Jammu and Kashmir and Ladakh High Court has held that if an appointment is non-est in the eyes of law or is based upon forgery and fraud, it is not ne.....
Tags : Jammu and Kashmir and Ladakh High Court, Termination, Fraudulently
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Cal. HC: Civil Court has Jurisdiction to Determine Title of Fraudulently Issued Shares(07.12.2022)
Calcutta High Court has held that under the Companies Act, 2013, Civil Courts have jurisdiction to enquire into allegations of fraud pertaining to the.....
Tags : Calcutta High Court, Civil Courts, Shared, Title, Fraud
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Delhi HC to TRAI: Expedite Consultations With Stakeholders on Framework for OTT Apps(14.12.2022)
Delhi High Court has directed Telecom Regulatory Authority of India (TRAI) to expedite consultations with stakeholders for recommendations to Union go.....
Tags : Delhi High Court, TRAI, OTT, Regulatory Framework
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SC: PILs Becoming an Instrument of Blackmail Against Infrastructural Projects(19.12.2022)
Supreme Court has remarked that PILs are becoming an instrument of blackmail when infrastructural and building projects were concerned.
Tags : Supreme Court, PIL, Blackmail, Infrastructural Projects
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IT Department: Infrastructure Companies can Choose the Year from Which They Want Tax Benefit(16.02.2016)
The Income Tax Department has said that infrastructure companies will have option to choose the year from which they desire to claim tax benefits for .....
Tags : IT Department, infrastructure companies
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Bombay HC Stays ED’s Order to Freeze All Demat A/Cs of Accused in NSEL Fraud(24.01.2017)
Bombay High Court has stayed an order passed by Enforcement Directorate (ED) freezing all demat accounts and investments of Jignesh Shah-promoted comp.....
Tags : Bombay High Court, NSEL Fraud, 63 Moons Technologies Limited
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Delhi HC: ‘Will Children of Bureaucrats Study in Govt Schools? ’(25.01.2017)
Delhi HC has asked, ‘Will children of bureaucrats study in Government schools’, as it directed City Administration to improve infrastructure in its ow.....
Tags : Delhi HC, Government schools, infrastructure
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NCDRC: Bank Liable for Fraudulent Online Transaction if Account Holder's Fault Not Proved(11.01.2021)
National Consumer Disputes Redressal Commission (NCDRC) has held that in case of fraudulent transactions leading to withdraw of money from a person's .....
Tags : National Consumer Disputes Redressal Commission, Fraudulent Online Banking Transaction
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All. HC: Senior Bureaucrats of UP Govt Taking No Action in Issue of Court’s Infrastructure(07.11.2022)
Allahabad High Court while observing that no action was being taken by Uttar Pradesh government's senior bureaucrats despite its repeated orders regar.....
Tags : Allahabad High Court, Senior Bureaucrats, Court Infrastructure
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SC Issues Notice on Plea Against Illegal Encroachments on Eco-Fragile Floodplains of River Ganga(03.02.2021)
Supreme Court has issued notice in an appeal filed against a National Green Tribunal Order which dismissed the plea filed against vast-scale illegal c.....
Tags : Supreme Court, Encroachments on Eco-Fragile Floodplains of River Ganga
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Sikkim HC: Court Can't Travel Beyond Pleadings in a Suit to Frame Issues(12.09.2022)
Sikkim High Court has held that trial courts can frame issues with regard to only those pleadings which are asserted by one party and denied by other......
Tags : Sikkim High Court, Framing of Issues, Pleadings
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SC Orders BCI Probe After Party Denies Engaging Advocates in Fraudulent Settlement Case(13.08.2025)
The Supreme Court has ordered the Bar Council of India to conduct an inquiry after a litigant, Harish Jaiswal, claimed he never engaged lawyers who al.....
Tags : Fraudulent Settlement, Bar Council of India, Supreme Court, Forgery, Legal Ethics, Advocate-on-Record, Property Dispute, SLP Recall, Misrepresentation
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SC Reserves Order on NHAI Plea Over Toll Suspension on NH 544 Due to 12-Hour Traffic Block(18.08.2025)
SC has reserved order on NHAI's plea against Kerala High Court ruling suspending toll at Paliyekkara due to poor road conditions. The bench questioned.....
Tags : Supreme Court, Paliyekkara Toll, Kerala High Court, Infrastructure, Traffic Block
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SC Clubs 81 FIRs Against Builder, Grants 6-Month Bail to Aid Settlement with Home Buyers(18.08.2025)
SC has clubbed 81 FIRs against builder Alok Kumar in ?13.94cr fraud case and granted 6-month bail to enable settlement with home buyers. Court said pr.....
Tags : Supreme Court, FIR Clubbing, Alok Kumar, Real Estate Fraud, Home Buyers, Temporary Bail
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SC: NCLT Can Probe Fraud Allegations & Document Validity in Oppression and Mismanagement Cases(03.09.2025)
Supreme Court has ruled that NCLT can investigate fraud allegations and document validity in oppression and mismanagement cases. It noted that if a ma.....
Tags : Supreme Court, NCLT, Fraud, Oppression
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Allahabad HC: Appointment in Public Services Secured Through Fraudulent Concealment Void Ab Initio(24.02.2022)
Allahabad High Court has held that when employment in a public service is obtained by playing fraud, the long continuation in such service would be im.....
Tags : Allahabad High Court, Fraudulent Concealment
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MCA Invites Public Comments on Proposed Changes to CIRP Framework under IBC(27.12.2021)
Ministry of Corporate Affairs has invited the Public Comments on proposed changes to Corporate Insolvency Resolution and Liquidation Framework under .....
Tags : Ministry of Corporate Affairs, Proposed Changes to CIRP Framework
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Bombay HC Orders Release of Ex- ICICI Bank CEO Chanda Kochhar in Loan Fraud Case(09.01.2023)
Bombay High Court has ordered the release of former ICICI bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar in a petition alleging illegal.....
Tags : Bombay High Court, Chanda Kochhar, Illegal Arrest, Loan Fraud Case
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SC: Mere Framing of Charges No Bar to Order Further Investigation(27.02.2023)
Supreme Court while observing that victim has a fundamental right of fair investigation and fair trial has held that mere filing of the chargesheet an.....
Tags : Supreme Court, Framing of Charges, Investigation
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Del HC to Centre: Take Decision on Attaching DMRC’s Assets for Payment of Dues to Reliance Infra(28.02.2023)
Delhi High Court has directed Central government to take a decision whether it proposes to grant sanction for attachment of the movable and immovable .....
Tags : Delhi High Court, DMRC, Reliance Infrastructure, Attachment
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SC: Idea of Punishment is Not to Keep Prisoners in Difficult, Overcrowded Prisons(24.04.2024)
SC while pulling up States and Union Territories on implementation of directions regarding jail infrastructure, has observed that the idea behind puni.....
Tags : Supreme Court, Overcrowded Prisons, Jail Infrastructure
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Jharkhand HC: Defence Of Accused Cannot Be Put Forth At The Stage Of Framing Of Charges(28.01.2022)
Jharkhand High Court declined to quash criminal proceedings against a public servant, where the trial has already begun noting that at the stage of fr.....
Tags : Jharkhand High Court, Framing of Charge, Trial
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#Economic Survey 2021-2022: India to Spend USD 1.4 Trillion to Step Up Infrastructure Investment(31.01.2022)
Economic Survey has said that to achieve USD 5 trillion GDP by FY'25, India needs to spend about USD 1.4 trillion over this period on infrastructure t.....
Tags : Economic Survey, Infrastructure Investment
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Ori. HC: Proper Infrastructure and Manpower Must be Provided by State to Forensic Labs(18.04.2024)
Orissa High Court while explaining the importance of receiving chemical examination reports on time in criminal cases has observed that the State shou.....
Tags : Orissa High Court, Forensic Science Laboratories, Proper Infrastructure
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Supreme Court Sends Jaypee Infratech Back to NCLT(10.08.2018)
Supreme Court has asked the Allahabad bench of the NCLT to deal with the insolvency proceedings against Jaypee Infratech, allowing a second round of b.....
Tags : Supreme Court, Jaypee Infratech
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NCLAT Directs NBCC to Implement Resolution Plan Pending Appeal in Jaypee Infratech Matter(27.04.2020)
National Company Law Appellate Tribunal has declined to stay the implementation of the modified resolution plan and directed NBCC Limited to acquire t.....
Tags : National Company Law Appellate Tribunal, Jaypee Infratech
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Securities and Exchange Board of India Imposes Fine on Jaypee Infratech for Lapse in Disclosures(15.03.2022)
Securities and Exchange Board of India has imposed Rs 7 lakh fine on Jaypee Infratech Ltd for disclosure lapses. The Board has said that the company d.....
Tags : Securities and Exchange Board of India, Jaypee Infratech Ltd
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Bom. HC: Ensure Availability of Essential Infrastructure to Implement e-Mulakaat System in Prisons(09.05.2024)
Bom. HC has observed that the State shall implement the e-Mulakaat System in all the prisons throughout Maharashtra and shall also provide adequate in.....
Tags : Bombay High Court, e-Mulakaat System, Adequate Infrastructure
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Patna High Court Asks Govt. to Provide Funds for Educational Institutions' Infrastructure(26.03.2021)
Patna High Court has observed that there is a lack of infrastructure, toilets, etc in girls' educational institutions in Patna, perusing the inspectio.....
Tags : Patna High Court, Funds for Educational Institutions' Infrastructure
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Delhi HC Seeks Status Report to Investigate into Alleged Digital Fraud by Facebook(02.04.2021)
Delhi High Court has sought Delhi Police Cyber Cell's status report in a plea pertaining to alleged click fraud and other digital criminal frauds hatc.....
Tags : Delhi High Court, Alleged Digital Fraud by Facebook
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Patna HC Seeks Compliance Report Over Judicial Infrastructure Development in State(14.02.2022)
Patna High Court has sought a compliance report from the State Government over Judicial Infrastructure development in the state in a plea highlighting.....
Tags : Patna High Court, Judicial Infrastructure Development
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NCLT Directs Era Infra RP to Admit ICICI Bank as Financial Creditor(07.12.2018)
National Company Law Tribunal (NCLT) has directed the resolution professional of Era Infrastructure India to admit ICICI Bank as a financial creditor .....
Tags : NCLT, ICICI, Era Infra
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Supreme Court Declines to Interfere with High Court Order in Rs 7,200 Crore Satyam Fraud Case(15.10.2019)
Supreme Court has refused to interfere with the Hyderabad High Court’s order that set aside an Enforcement Directorate order provisionally attaching .....
Tags : Supreme Court, Satyam Fraud
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Kerala HC Directs Commissioner to Refrain from Publishing Rank List Before Disposal of Plea(03.08.2021)
Kerala High Court has directed the Commissioner for Entrance Examinations to refrain from publishing the rank list before disposal of the petition tha.....
Tags : Kerala High Court, Refrain from Publishing Rank List Before Disposal of Plea
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Bishop Franco Case : ‘Arrest Is A Matter Of Discretion Of Police’, Kerala HC Observes(14.09.2018)
High Court of Kerala has considered three petitions seeking proper investigation of criminal case against Franco Mulakkal, Bishop of Jalandhar Diocese.....
Tags : Kerela High Court, Bishop Franco
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NCLAT Opens Doors for Adani, Others to Bid for Jaypee Infratech(18.07.2019)
National Company Law Appellate Tribunal (NCLAT) has asked the counsel for lenders of Jaypee Infratech to provide terms and conditions for new resoluti.....
Tags : NCLAT, Jaypee Infratech
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Delhi HC: Salaries, O&M Expenses Not to be Attached if DMRC Fails to Pay Dues to Reliance Infra(31.03.2023)
Delhi High Court has clarified that Salaries and other Operation & Maintenance (O&M) expenses to be borne by Delhi DMRC will not be attached in case o.....
Tags : Delhi High Court, DMRC, Reliance Infra
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NCDRC: One-Sided Clauses in an Agreement Constitutes Unfair Trade Practice(31.03.2023)
Delhi High Court has clarified that Salaries and other Operation & Maintenance (O&M) expenses to be borne by Delhi DMRC will not be attached in case o.....
Tags : Delhi High Court, DMRC, Reliance Infra
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AP HC: Plea of Alibi Can’t be Taken Into Consideration at Pre-Trial Stage as it’s Disputed(29.04.2022)
Andhra Pradesh High Court has dismissed the petition for discharge of accused on his plea that he was not present during the commission of the offence.....
Tags : Andhra Pradesh High Court, plea of alibi, question of fact, framing of charges
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CCI Rejects Complaints Against RIL, Reliance Gas Infra(25.11.2015)
Competition Commission of India (CCI) has rejected allegations of unfair business practices made against Reliance Industries, BSE and Reliance Gas Tra.....
Tags : Competition Commission of India, Reliance Industries, BSE ,Reliance Gas Transportation Infrastructure
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SC Seeks Centre’s Reply over Fund Allocation for Judicial Infrastructure(30.11.2016)
Supreme Court has sought details after the Centre said that 14th Finance Commission had approved allocation of Rs 9,749 crore last year to be released.....
Tags : Supreme Court, Fund Allocation, Judicial Infrastructure
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MP HC: Legal Framework Governing Inter-Religion Marriage Is Complex(20.04.2023)
Madhya Pradesh High Court has observed that legal framework governing inter-religion marriage is complex and requires couples to navigate several lega.....
Tags : Madhya Pradesh High Court, Inter-Religion Marriage, Legal Framework
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SC: For Smooth Functioning of CIC, Commissioner has Power to Form Benches & Frame Regulations(15.07.2024)
SC has held that Chief Information Commissioner has comprehensive authority to oversee & direct functioning of CIC and is allowed to implement measure.....
Tags : Supreme Court, Chief Information Commissioner, Frame Regulations
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Kerala High Court Pulls Up Trial Court for Not Posting Total 4U Financial Fraud Case Promptly(23.12.2015)
Kerala High Court has observed that there was mistake on part of the trial court in not posting Total 4U financial fraud case promptly and directed Th.....
Tags : Kerala High Court , Total 4U Financial Fraud Case
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Karnataka HC Directs State to Submit Plan for Infrastructure Development in Government Schools(02.07.2021)
Karnataka High Court has directed the state government to submit a plan of action for spending the Rs 100 crore allocated towards infrastructure devel.....
Tags : Karnataka High Court, Infrastructure Development in Government Schools
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SC Dismisses SFIO Plea to Cancel Bail of Nowhera Shaikh in Heera Exim Gold Scam Case(13.05.2022)
Supreme Court has dismissed the application filed by Serious Fraud Investigation Office (SFIO) seeking cancellation of bail granted to Nowhera Shaikh,.....
Tags : Supreme Court, Serious Fraud Investigation Office, Nowhera Shaikh, Heera Gold Exim Private Limited
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Del. HC: Arbitral Award Gets Vitiated if Basic Contractual Framework Misunderstood(25.07.2024)
Delhi High Court has held that if there is any misreading/misunderstanding of the basic contractual framework, the award gets vitiated and makes it vu.....
Tags : Delhi High Court, Contractual Framework, A&C Act
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NCLT Refuses to Stay Voting by Creditors of Jaypee Infra(15.05.2019)
NCLT has cleared the way for voting by Committee of Creditors of Jaypee Infratech in which the lenders are set to decide on NBCC India’s offer for the.....
Tags : NCLT, Jaypee Infra
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SC: NCLT to Exercise Power u/s 59 of Companies Act, if Applicant Victim of Open-and-Shut Fraud Case(11.09.2024)
Supreme Court has observed that if, on facts, an open-and-shut case of fraud is made out and the person seeking rectification of the register of membe.....
Tags : Supreme Court, Fraud Case, NCLT
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Cal HC: Enterprise Contracting with Govt Recognised Concessionaire Can be Granted Benefit of S. 80IA(27.09.2024)
Calcutta High Court has held that benefit of deduction under Section 80IA(4) of the Income Tax Act, 1961 can be granted to an enterprise contracting w.....
Tags : Calcutta High Court, S. 80IA of IT Act, Infrastructural Facility
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Gau. HC Issues Guidelines Regarding Release of Seized Money in Cyber Frauds or Crimes(08.10.2024)
Gau. HC has issued guidelines directing Trial Courts not to insist on registration of FIRs in matters already registered on NCRP on cyber frauds / cri.....
Tags : Gauhati High Court, Trial Courts, Cyber Frauds
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Govt. Notifies Infra Cess of Up To 2.5% on Cars(02.03.2016)
Government has notified imposition of infrastructure cess of up to 2.5 per cent on passenger vehicles, which was announced in Budget 2016-17.
Tags : Government, Infra Cess
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National Company Law Appellate Tribunal Rejects Insolvency Plea Against Sintex Infra(24.02.2020)
National Company Law Appellate Tribunal has dismissed the Lloyd Insulations India Ltd’s plea to initiate proceedings against Sintex Prefab and Infra L.....
Tags : National Company Law Appellate Tribunal, Sintex Infra
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Delhi High Court Lifts Stay on Nauroji Nagar Infrastructure Project(26.02.2020)
Delhi High Court has lifted the restraint on National Buildings Construction Corporation for construction on the Nauroji Nagar redevelopment project.
Tags : Delhi High Court, Nauroji Nagar Infrastructure Project
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SEBI Imposes a Penalty of Rs 5 Crore on Mehul Chokshi in PNB Fraud(28.02.2020)
Securities and Exchange Board of India has slapped a penalty of Rs. 5 Crore on Gitanjali Gems Ltd. and its promoter, Mehul Chokshi for non- disclosure.....
Tags : Securities and Exchange Board of India, Mehul Chokshi, PNB Fraud
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SC: Consent of Majority Shareholders Needed for Winding Up Funds After Publication of Notices(15.07.2021)
Supreme Court has delivered the judgment in a batch of special leave petitions filed by Franklin Templeton against a judgment of the Karnataka High Co.....
Tags : Supreme Court, Franklin Templeton Case
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Cabinet Notifies Continuation of CSS for Development of Infrastructure Facilities(15.07.2021)
Union Cabinet has approved the continuation of the Centrally Sponsored Scheme (CSS) for Development of Infrastructure Facilities for Judiciary for ano.....
Tags : Union Cabinet, Centrally Sponsored Scheme (CSS) for Development of Infrastructure Facilities for Judiciary
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Ker. HC: KPSC Has No Power to Conduct an Enquiry into an Applicant's Caste Status(04.11.2024)
Ker. HC has observed that Kerala Public Service Commission (KPSC) has no power to conduct an enquiry into an applicant's caste status. If it suspects .....
Tags : Kerala High Court, Caste Status, Fraud
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J&K HC: Feasibility or Viability of Infrastructural Project by Government Cannot Be Looked Into by Co(10.04.2025)
J&K HC has held that this Court is not equipped to decide upon viability & feasibility of infrastructural project by the government. Whether the propo.....
Tags : J&K High Court, Infrastructural Project, Proposed Merger Scheme
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NCLAT: Audit Report Alone Not Enough to Prove Fraud in Commercial Deal Under Section 66(2) IBC(29.09.2025)
NCLAT, Principal Bench, New Delhi, held that a transactional audit report alone cannot serve as conclusive proof of fraudulent trading under Section 6.....
Tags : Audit Report, Commercial Deal, Fraud
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Gujarat HC Rejects Stay on Partial Demolition of 400-Year-Old Mosque for Road Widening(03.10.2025)
Gujarat High Court declined to intervene in an order that refused to stay the proposed partial demolition of a 400-year-old mosque. The demolition is .....
Tags : Demolition, Mosque, Infrastructure Project
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Bombay HC Expresses Displeasure Over Ineffective Function of Helpline Number for Fraud(06.03.2025)
Bombay High Court has expressed displeasure over the ineffective functioning of national helpline number '1930' for 'cyber fraud' and remarked that th.....
Tags : Bombay High Court, Helpline Number, Fraud
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P&H HC Seeks Affidavit from Government Over Girls Dropping Out of Schools(07.03.2025)
Punjab and Haryana High Court has sought fresh affidavit from Punjab Government in a matter relating to village girl students dropping out of schools .....
Tags : P&H High Court, Punjab Government, Infrastructure
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Calcutta HC: Can Grant Unconditional Stay of Award if it is Induced by Fraud(10.03.2025)
Calcutta High Court has observed that an unconditional stay of award can be granted if it is affected or induced by fraud or corruption. However an ho.....
Tags : Calcutta High Court, Stay of Award, Fraud
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Gujarat High Court, Constitutional Validity, State Government(11.03.2025)
Gauhati High Court has observed that mere breach of contract cannot give rise to criminal prosecution for cheating unless fraudulent or dishonest inte.....
Tags : Gauhati High Court, Criminal Prosecution, Fraudulent Intention
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CCI Junks Compliant Against GVK Power, 2 Others(11.01.2016)
Competition Commission of India (CCI) has rejected complaints against Bangalore International Airport, GVK Power & Infrastructure and Airports Authori.....
Tags : Competition Commission of India , Bangalore International Airport, GVK Power & Infrastructure and Airports Authority of India
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SEBI Slaps Rs 19 Lakh Fine on 2 Entities for Executing Fraudulent Trading(17.09.2019)
SEBI has imposed a total fine of over Rs 19 lakh on two entities for executing fraudulent trade in the illiquid stock option segment on the BSE. The e.....
Tags : SEBI, Fraudulent Trading
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Allahabad HC Directs UP Govt. to Comply With Its Directions on Judicial Infrastructure(16.08.2021)
Allahabad High Court has expressed its dissatisfaction with the actions taken by the State Government in compliance of the directions issued by it in .....
Tags : Allahabad High Court, Judicial Infrastructure
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Cal. HC to Centre: Probe Fraud Committed by Railways to Obtain Favorable Award(09.08.2023)
Calcutta High Court while unconditionally stayed an arbitral award granted in favour of South Eastern Railways on ground of fraud perpetrated by collu.....
Tags : Calcutta High Court, Arbitral Award, Collusion, Fraud
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Gujarat High Court: Police is Not there to Conciliate Matters(11.02.2025)
Gujarat High Court while hearing a matter concerning alleged fraudulent transactions over sale of two plots where police allegedly asked the parties t.....
Tags : Gujarat High Court, Conciliate Matters, Fraudulent Transactions
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SC: Accused has No Right to Produce Any Material at Time of Framing of Charge and Taking Cognizance(12.10.2023)
Supreme Court has held that at the time of framing of charge and taking cognizance, the accused has no right to produce any material and call upon the.....
Tags : Supreme Court, Framing of Charge, Chargesheet
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Bombay HC: March of Development in Mumbai Cannot Trample Heritage Structures(14.07.2025)
Bombay HC has observed that whilst the march of development and infrastructural projects cannot be halted in a city like Mumbai, such a march cannot b.....
Tags : Bombay High Court, Infrastructural Projects, Heritage Buildings
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Delhi HC Gives Relief to DMRC Over Payment to Reliance Infra Regarding Airport Express Line(16.01.2019)
Delhi High Court has set aside an arbitration award of over Rs 3,000 crore, payable to a Reliance Infrastructure subsidiary involved in Airport Expres.....
Tags : Delhi High Court, DMRC, Reliance Infrastructure
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Delhi High Court Quashes Notice for Re-Assessment Against Bharati Infratel(22.01.2019)
Delhi High Court has quashed Income Tax Department’s Notice for Re-opening of Assessment against Bharati Infratel Limited.
Tags : Delhi High Court, Bharati Infratel, Re-Assessment
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SC Allows Franklin Templeton to Call for Meeting of Unit Holders(03.12.2020)
Supreme Court has directed a stay on redemption requests from investors and allowed Franklin Templeton Trustees to call for meeting of unit holders to.....
Tags : Supreme Court, Franklin Templeton
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SEBI Amends Existing Regulatory Framework for Delisting of Equity Shares Pursuant to Open Offer(30.09.2021)
Securities and Exchange Board of India (SEBI) in the meeting headed by Mr.Ajay Tyagi decided to amend the existing regulatory framework for delisting .....
Tags : Securities and Exchange Board of India, Regulatory Framework for Delisting of Equity Shares
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Guj. HC: Infraction of Law Not Done in Systematic Manner, Not Sufficient for Preventive Detention(29.08.2022)
Gujarat High Court has held that commission of infraction of law, not done in an organized or systematic manner, may not be sufficient for the detaini.....
Tags : Gujarat High Court, Preventive Detention, Infraction of Law
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SC: Can Continue FIRs against Borrowers Even if Classification of Accounts as Fraudulent was Set Asid(28.04.2025)
Supreme Court has held that criminal proceedings and FIRs initiated against the account holders for the offence of fraud can be continued even if clas.....
Tags : Supreme Court, Classification of Accounts, Fraudulent
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Raj HC: For Abetment to Suicide Direct Link between Action of Accused & Victim’s Decision Must Exist(29.04.2025)
Rajasthan High Court while overturning Trial Court’s order charging accused with abetment to suicide has observed that the legal framework requires a .....
Tags : Rajasthan High Court, Abetment to Suicide, Legal Framework
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SC: To Seek Exemption from Limitation Period Plaintiff Must Demonstrate Fraud(06.05.2025)
Supreme Court has observed that for a plaintiff to seek exemption from limitation period under Section 17 of the Limitation Act, 1963, plaintiff must .....
Tags : Supreme Court, Limitation Period, Fraud
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SC: Courts Should Refrain from Interfering With Invocation of Bank Guarantee Except in Cases of Fraud(08.05.2025)
Supreme Court has observed that it is well established that Courts should refrain from interfering with the invocation of a bank guarantee except in c.....
Tags : Supreme Court, Bank Guarantee, Fraud
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SC: Courts Should Refrain from Interfering With Invocation of Bank Guarantee Except in Cases of Fraud(08.05.2025)
Supreme Court has observed that it is well established that Courts should refrain from interfering with the invocation of a bank guarantee except in c.....
Tags : Supreme Court, Bank Guarantee, Fraud
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NCLT Empowered to Examine Fraud in Oppression and Mismanagement Cases, Rules Supreme Court(08.09.2025)
Supreme Court ruled that NCLT has jurisdiction to examine fraud, coercion, and manipulation in cases of oppression and mismanagement under company law.....
Tags : NCLT, Fraud, Coercion, Oppression
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NCLAT: Authority Can Examine Fraud Allegations under S.65 IBC during Resolution Plan Process(11.09.2025)
NCLAT held that allegations of fraud under Section 65 IBC can be decided even while a resolution plan is under consideration. If fraud in initiating i.....
Tags : NCLAT, Fraud, Resolution Plan Process
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