Courts Financial News

Delhi High Court on Tuesday issued contempt notice to Spicejet, its directors and officers as to why contempt proceedings should not be initiated against them for non-compliance of its May 27 order that had asked the low-cost airline to hand over two Boeing aircraft and three aircraft engines to its lessor TWC Aviation Capital. However, the division Bench of the HC on Tuesday said that contempt proceedings will be dropped if Spicejet complied with its directions within a with by July 8. The division bench of the Delhi High Court on May 27 had asked SpiceJet Ltd to hand over two Boeing aircraft and three aircraft engines along with technical records to its lessor TWC Aviation Capital on or before June 17 for failing to pay dues of $14 million, as ruled by a UK court.

NEET UG 2024 Hearing Live Updates: The Supreme Court (SC) of India will hear several pleas related to the medical entrance exam NEET UG 2024 controversy on Monday, seeking a direction to conduct it afresh.

OxyContin maker Purdue Pharma, the family that owns it and lawyers for thousands of parties with claims against it are getting ready to work on a new settlement after the U.S. Supreme Court rejected the last one

Rajya Sabha address in response to the Motion of Thanks to the President's address, Prime Minister Narendra Modi defended the Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) actions against the opposition during the 2024 election campaign. Addressing allegations of political bias, Modi said that the government does not interfere with these agencies, stating, «Maine karwahi karne k liye khuli chooth dekh rahi hai, sarkar kahi pe tang nahi, par apna kaam imandari se kare» (I have given them full freedom to act, the government does not interfere, but they must do their work with honesty).

₹500-600 every day. The situation is worse for those who come from marginalized communities. Ajay Kumar Gautam, a researcher, in his work, ‘Unveiling Layers of Struggle: Caste, Gender, and Precarity Among Indian Street Vendors,’ reveals caste discrimination among street vendors.

There’s a common misconception that Indigenous people in Canada simply don’t pay tax, but that’s generally not true since in order to be exempt from tax, the income earned must be situated on a reserve.

Arvind Kejriwal in a case related to the now-scrapped excise policy. Reacting to this, Bhagirath Choudhary, Bharatiya Janata Party (BJP) Union Minister of State for Agriculture and Farmers Welfare, affirmed that action will be taken against all corrupt individuals, regardless of their party affiliation. Choudhary stated, «Those who are corrupt will not be spared. PM Modi's vision is to make India corruption-free. Action will be taken against the corrupt from any party.» He criticized Kejriwal, alleging a stark transformation from his activist days with Anna Hazare to his current lifestyle. «Kejriwal, who once walked in slippers protesting against Congress, has now spent a fortune on his luxury residence. Be it the liquor scam or Janata clinics, his corrupt practices are evident,» Choudhary added. Choudhary reminisced about the anti-corruption protests led by Anna Hazare and Kejriwal, expressing disappointment in Kejriwal's alleged shift from those ideals. «He may have received interim bail, but once a corrupt leader, always a corrupt leader. These corrupt individuals will face justice. Till they are rooted out, our country cannot progress,» he asserted.

Enforcement Directorate has filed a charge sheet and also attached assets worth more than Rs 4 crore of former Jharkhand rural development minister Alamgir Alam, his ex personal secretary and the aide's domestic help as part of a money laundering investigation. In a statement on Saturday, the federal agency said it has issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA) on July 4 against Alamgir Alam, his former PS Sanjeev Kumar Lal, Lal's wife Reeta Lal and his domestic help Jahangir Alam. The cumulative value of all these assets recorded under the attachment is Rs 4.42 crore, it said. A charge sheet against these accused, except Reeta Lal, was also filed before a special PMLA court in Ranchi on Thursday, the agency said.

Papua New Guinea’s opposition leader has urged the country’s premier Tuesday to fire the petroleum minister who is stepping down from office as he faces alleged domestic assault charges in Australia instead

Mihir Shah, son of a prominent political leader in Maharashtra's Palghar district, has brought attention to a tragic hit-and-run incident that claimed the life of Kaveri Nakhwa. The incident occurred early Sunday morning as Kaveri and her husband, Pradeep Nakhwa, were returning home after purchasing fish from Sassoon Dock. «He was arrested after three days, what does this mean? If he wasn't alcoholic, if he hadn't taken drugs, then why did he go into hiding?...why was he absconding for three days? You abandoned the vehicle on the way and broke the number plate before running away...now after three days, there won't be any traces of alcohol in his body and he will have 20 lawyers with him,» teary-eyed Pradeep Nakhwa said. Pradeep Nakhwa vividly recalled the horrific moment when his wife was dragged under the wheels of Shah's BMW: «He dragged her (under the wheels) in front of me. There's no one for us,» he tearfully recounted.

ED) Mumbai has provisionally attached assets worth Rs 14.02 crore of five accused under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA) in the case of an Income Tax Refund fraud of Rs. 263 crore. This includes one flat in Mumbai of Purushottam Chavan, land parcels in Lonavala and Khandala of Rajesh Batreja, balance in Anirudh Gandhi's company bank A/c, insurance policies of accused Rajesh Shetty and Bhushan Anant Patil and fixed deposits totalling to Rs. 14.02 crore, the ED said in a release on Friday. According to officials, ED initiated an investigation on the basis of an FIR registered by CBI under various sections of the IPC, 1860 and of Prevention of Corruption Act, 1988 against Tanaji Mandal Adhikari and others for fraudulently generating and issuance of TDS refunds from the Income Tax Department to the tune of Rs. 263.95 Crore.

Novak Djokovic, the 24-time Grand Slam champion, created a stir at Wimbledon 2024 when he abruptly walked out of a BBC interview after being repeatedly questioned about his outburst at the Centre Court crowd. The incident occurred following his fourth-round win against Holger Rune, where Djokovic accused the crowd of being disrespectful. The controversy began when Djokovic, visibly upset by the behavior of some spectators, lashed out at the crowd during his on-court interview. He claimed that the fans were booing him, although the presenter suggested they were actually cheering for Rune. Despite the presenter’s attempt to clarify the situation, Djokovic remained adamant about the perceived disrespect. During the subsequent BBC interview, Djokovic's frustration grew as the reporter focused solely on the crowd incident. After answering three questions about the crowd, Djokovic snapped, asking if there were any questions about the match or other topics. When the reporter prepared to ask about his upcoming quarter-final match against Alex de Minaur, Djokovic walked out of the interview, accompanied by his representative.

«The CJI bench was convinced of the fact that paper has been leaked...They want to determine to what extent the paper has been leaked. They have asked for the timeline related to; when is the paper prepared? Which committee prepared it? How is a paper prepared in two sets? How is paper circulated to centres? They wanted to see the chain of custody of the paper to determine the time of the paper leak,» Pandey said. «The court wants to determine whether it (paper leak) was a systematic failure or whether it happened due to the malpractices of some individuals,» he added.

Rep. Virginia Foxx, R-N.C., says students will borrow more in the future, thinking taxpayers will pay it off on ‘The Evening Edit.’

High Court has issued a notice to the Central Bureau of Investigation (CBI) regarding a petition filed by Delhi Chief Minister Arvind Kejriwal challenging his arrest. The court has directed the CBI to submit a response within seven days and allowed two days for a rejoinder. The matter is scheduled for a hearing on July 17, 2024. Kejriwal filed his plea on Monday challenging his recent arrest by the CBI in the Excise Policy case, alleging that the agency's actions were driven by malice.

Arvind Kejriwal in the excise policy-linked money laundering case was to wipe out the AAP. Sanjay Singh said, «Whether it is the ED's court or the Supreme Court, everyone has agreed that Arvind Kejriwal is innocent. Arrests are happening because PM Modi wants to finish AAP and end Arvind Kejriwal's political career. This is a dictatorship. Opposition parties are being eradicated through the use of investigating agencies.» He further mentioned that the Supreme Court had raised questions about the actions of ED officers and the arrest.

Delhi Chief Minister Arvind Kejriwal's wife Sunita access to his medical records and also permitted her to independently consult and seek advice from the medical board or doctors on his behalf. The court, however, rejected Kejriwal's application seeking directions to prison authorities allowing Sunita Kejriwal to be his attendant during consultations with doctors. Special Judge Kaveri Baweja said Kejriwal had not been admitted to a hospital and according to Delhi Prison Rules, permission was granted to a family member as an attendant with an undertrial prisoner by the jail superintendent in consultation with the medical officer in-charge, only when the prisoner is admitted in hospital. «This court sees no reason to carve out an exception for the applicant (Kejriwal) by going against the prison rules, more particularly in view of the submission of the jail authorities that several other inmates are also undergoing treatment for the same ailment as the applicant and who have not been permitted to have an attendant,» the court said.

LG V K Saxena in tree feeling in ridge area, the Supreme Court on Friday directed the Delhi Development Authority (DDA) to inform it whether the order to cut trees was passed on basis of LG's oral permission or the agency independently took the decision. The apex court was hearing suo motu (on its own) contempt proceedings against the vice chairman of the DDA over alleged cutting of 1,100 trees in the ridge forest for a road widening project. Observing that there was a complete non-application of mind by Delhi LG in granting permission for felling of trees, a bench of Justices Abhay S Oka and Ujjal Bhuyan said it should have been informed on the first day of the hearing itself that the LG already had issued directions for tree felling. «What troubles us is that everybody has committed a mistake. First day, everybody should have come to the court and said there is a mistake by us. But cover up goes on and on. After four or five orders, truth comes out in the from of DDA officer's affidavit. All have committed the mistake including the Lieutenant Governor. Sorry state of affairs,» the bench said.

Catherine de’ Medici’s captivating saga continues with the premiere of «The Serpent Queen» season 2 which aired on STARZ on July 12 at 8 p.m. ET.

1993 Mumbai riots has been arrested here 31 years after he went absconding, police said on Tuesday. Sayyad Nadir Shah Abbas Khan was nabbed in Sewri area by a team of Rafi Ahmed Kidwai Marg police station on Monday, an official said. He was named as an accused in a case of attempt to murder and unlawful assembly during the riots in the city that followed the demolition of the Babri masjid in December 1992. Khan was arrested by police but never attended the court after obtaining bail, the official said. The court then declared Khan as a wanted accused and issued a non-bailable warrant against him, the official said. Police visited his residence in Sewri in central Mumbai many times but he remained untraceable. The sleuths finally got a lead about his whereabouts by examining the mobile phone records of his relatives.

India Ratings. This could lead to more responsible financial practices and risk assessments by corporate debtors and their guarantors, promoting a healthier credit ecosystem, it said. “The amendment is likely to enhance recovery value for creditors,” India Ratings said. “The proposed amendment clears the ambiguity around the liability of guarantors, thus bringing in the much-needed clarity to the resolution process involving guarantors and will significantly reduce the cross litigation on account of varied interpretations.”