Courts Financial News

30.05 / 16:49
Citi Citizens Courts Mumbai: Building slab collapses in Vikhroli, two senior citizens dead
Also Read: Ghatkopar hoarding collapse: Retired ATC official, wife waiting to refuel found in 'decomposed state'According to TOI, the 20 dangerous buildings house a total of 711 residents or tenants, comprising 494 residential and 217 nonresidential occupants.The board has appealed to occupants to vacate the buildings and avoid loss of life and property. It has urged them to notify the 24/7 control room at Tardeo of danger or accidents at 022-2353 6945, 0222351 7423 and 93216 37699, said the report.In another development, a 47-year-old structural engineer was arrested on Thursday in connection with Ghatkopar hoarding collapse on May 13.
30.05 / 14:27
Entertainment film trends Actor stars Courts Interviews Manoj Bajpayee addresses Bollywood drug use rumours: 'The industry is very open-minded'
Manoj Bajpayee, a well-renowned Bollywood actor, recently revealed what he thinks about the rising divorce rates within the Bollywood film industry. Reflecting on societal changes, he emphasized that the trends seen in society are mirrored in the entertainment world. Additionally, Bajpayee addressed the persistent rumors of drug use among Bollywood stars.
30.05 / 14:21
Action awards BAY show electronic Department Courts NOT Howard Levitt: Recent rulings mean terminated employees may not need proof of distress for damages claims
Our employer clients often express frustration at the state of employment law. When it comes to terminating employees, the courts and legislators force employers to jump through hoops to avoid costly lawsuits. The recent decision by the Ontario Court of Appeal in only adds to the frustration of Ontario employers as the Court upheld a $50,000 aggravated (i.e., mental distress) award without a shred of expert medical or psychological evidence.
30.05 / 10:21
UPS Citi Waters information Department Courts NOT Delhi water crisis: AAP govt to approach SC over Haryana not releasing city's water share
Delhi government will approach the Supreme Court on Thursday over Haryana not releasing the national capital's share of water, which has led to a crisis situation, Water Minister Atishi said. Addressing a press conference here, Atishi said Delhi is staring at an "emergency situation" and announced a slew of emergency measures to tackle the crisis. «We will approach the Supreme Court on Thursday itself over Haryana not releasing the share of Delhi's water,» she added. The minister said a central water tanker control room is being set up in the Delhi Jal Board (DJB) and it will be monitored by an Indian Administrative Service (IAS) officer.
30.05 / 10:09
Freedom country testing Courts Updates NOT ‘His health did not stop him from campaigning’: ED tells Delhi court on Arvind Kejriwal's bail plea | Key updates
CM Arvind Kejriwal has been instructed to return to Tihar Jail on June 2. However, Kejriwal has sought a week's extension of the bail.
30.05 / 08:59
Tesla Experts Justice 2020 Features Courts rights Tesla vs Tesla Power: Gurgaon company removes logo from e-scooters
Tesla Inc had alleged that Tesla Power was selling e-scooters with the Tesla logo despite a court undertaking on 2 May that it will not sell anything related to EVs. Tesla Inc.
30.05 / 08:59
Pool Nestle Healthcare Schools Features Courts peace LAUNCHING ELIXIR RESERVE 2: Luxury So Rare, You’ll Wonder Whether It’s Mumbai
Welcome to Elixir Reserve-2.Situated in the heart of the city, Elixir Reserve-2 offers easy access to both the eastern and western parts of Mumbai. Located adjacent to JVLR, commuting to the western side is seamless. The upcoming Metro station, just half a kilometre away, further enhances accessibility, making Elixir Reserve-2 the best choice for those seeking both luxury and connectivity.Elixir Reserve-2 promises a lifestyle where serenity and urban living coexist harmoniously.
30.05 / 05:55
Provident Digital Nov genesis Bitcoin Courts Genesis Returns $2.2B in Crypto Assets to Lending Program Participants
Defunct crypto lender Genesis distributed $2.18b worth of crypto to 232,000 users enrolled in Gemini Earn, an interest-accruing lending program. The distribution followed a New York bankruptcy judge approving the Chapter 11 plan last week.
29.05 / 20:25
Airlines WhatsApp pandemic Courts Engine Lease Finance files fresh insolvency plea against SpiceJet
Engine Lease Finance BV has filed a petition in the National Company Law Tribunal (NCLT), seeking insolvency proceedings against SpiceJet over arrears of more than $12 million against aircraft engines it had leased to the budget airline. Engine Lease Finance is the latest of engine lessors that have approached courts accusing SpiceJet of defaulting on payments and seeking repossession of engines. The counsel cited email exchanges between the companies as proof of default. He also told the tribunal that the default amount did not fall under the Section 10 A of the Insolvency and Bankruptcy Code. Under the section, initiation of insolvency proceedings had been suspended for defaults during the pandemic period.
29.05 / 20:13
FIVE Citizens Airlines travelers Discrimination Courts Investigations Black men who were asked to leave a flight sue American Airlines, claiming racial discrimination
Three Black men are suing American Airlines, claiming they were discriminated against when ordered to leave a plane in January
29.05 / 17:49
Progressive Career Action Gap Diversity Discrimination Courts Merrill Lynch agrees to nearly $20M settlement for racial class action
Merrill Lynch and its parent company, Bank of America, have are paying nearly $20 million to resolve a class action lawsuit alleging discriminatory practices against African American financial advisors.
29.05 / 16:39
Racing Strategy Election Bill President stars Courts 2024 ELECTION How Trump's hush money trial verdict could affect the 2024 election
Donald Trump's hush money case, weighing a verdict with potentially big implications for the 2024 White House race. Trump has pleaded not guilty to 34 counts of falsifying business records to cover up a payment that bought the silence of porn star Stormy Daniels shortly before the 2016 election. Daniels had threatened to go public with her account of an alleged 2006 sexual encounter with Trump, a liaison he denies.
29.05 / 16:39
WhatsApp recommendations Courts Excise case: Delhi court takes cognisance of ED charge sheet against Kavitha, others
Delhi court on Wednesday took cognisance of a supplementary charge sheet filed by the ED against BRS leader K Kavitha and others in a money laundering case related to the alleged excise scam. Special Judge for ED and CBI cases Kaveri Baweja said the prosecution complaint, the Enforcement Directorate's version of a charge sheet, contained «sufficient» prima facie evidence against the accused. The judge issued production warrant for Kavitha, a Telangana MLC and daughter of former state chief minister K Chandrashekar Rao, for June 3. She is in judicial custody in the case and currently lodged in Tihar central jail. The excise case pertains to alleged corruption and money laundering in the formulation and execution of the Delhi government's now-scrapped excise policy for 2021-22.
29.05 / 16:29
Tesla Trade reports Courts International Jim Chanos calls suit accusing him of embezzling funds 'baseless and defamatory'
Famed short seller Jim Chanos called a lawsuit accusing him of embezzling funds for personal use, «false, baseless and defamatory.» Chanos gave the statement to CNBC's Scott Wapner in response to allegations made by a former investor in Chanos & Co. Conlon Holdings, a Chicago-based firm run by Sean Conlon, filed the suit in New York State court over the weekend, alleging that Chanos used his firm as a «piggy bank» with $10 million of outstanding loans that he borrowed from his company over more than a decade. The suit was originally reported by Bloomberg News.
29.05 / 14:37
Aviat WhatsApp Courts Engine Lease Finance moves insolvency plea against SpiceJet
Engine Lease Finance BV, an aircraft engine lessor of SpiceJet, has moved an insolvency plea before the NCLT against the debt-ridden air carrier over non-payment of over USD 12 million (around Rs 100 crore). Engine Lease Finance (ELF) has leased eight engines to SpiceJet. Along with interest and rental, ELF has claimed an amount of around USD 16 million. The matter was listed before a Delhi-based bench of the National Company Law Tribunal (NCLT) on Wednesday, which heard it briefly. Counsel appearing for SpiceJet sought time to respond to the petition filed by Engine Lease Finance. On this, the NCLT bench comprising members Mahendra Khandelwal and Sanjeev Ranjan directed SpiceJet to file its response to the petition.
29.05 / 14:21
UPS Digital Gemini Bitcoin Courts Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago
Customers with funds locked up in crypto exchange Gemini's defunct crypto lending program are finally going to start getting their money back.
29.05 / 10:49
Aviat Airlines Courts SpiceJet faces yet another insolvency case from engine lessor
For SpiceJet to stay afloat, some crew will have to deplaneIn December, Engine Lease Finance BV approached the Delhi High Court after settlement talks failed, alleging the airline only made partial payments and violated the terms of the agreement.In October, SpiceJet had agreed to pay the lessor about $2 million and return the leased engines by 25 January. It eventually returned the leased engines in March on the court's orders.SpiceJet has faced several insolvency pleas in the NCLT over pending dues from various parties including Wilmington Trust SP Services (Dublin), Willis Lease Finance, Celestial Aviation, Aircastle, and Alterna Aircraft.
29.05 / 08:47
COST SEC Boxing cover Courts Debt Box Judge Throws Out DEBT Box Case, Orders SEC to Pay $1.8M
The US District Court for the District of Utah on Tuesday threw out the SEC’s case against DEBT Box and imposed fines exceeding $1.8m on the regulatory body for its bad faith actions.
29.05 / 08:09
Election WhatsApp Food poverty testing Courts rights Can do roadshow in 47 degrees: Anurag Thakur takes dig at Kejriwal citing ill health while seeking bail
Supreme Court's Registry refused to accept the request for an urgent hearing of Arvind Kejriwal's plea for an extension of his interim bail, BJP candidate and Union Minister Anurag Thakur said the Delhi Chief Minister can undertake a roadshow in the national capital's sweltering 47-degree temperature but is seeking bail on the pretext of ill health. «He is exposed once again. It is visible to everyone that he can do a roadshow in 47-degree temperatures but asks for bail on the pretext of ill health,» Thakur said. The Supreme Court's Registry on Wednesday said that the apex court's previous order gave Kejriwal the liberty to move the trial court for regular bail.
29.05 / 06:35
Election reports testing Courts SC rejects Arvind Kejriwal's plea for bail extension in Delhi excise policy case
Arvind Kejriwal's plea seeking a seven-day extension of his interim bail in a money laundering case linked to the Delhi excise policy case. Last month, the top court granted the Delhi CM interim bail to campaign for the Lok Sabha elections 2024 and asked him to surrender on June 2.
29.05 / 05:29
UPS Instagram social singer Courts Why is Rohit Sharma’s wife getting trolled? Ritika Sajdeh deletes Instagram Story after social media post irks netizens
spread widely on social media on May 28 as Israel launched fresh attacks in Gaza. Despite global criticism and a court order to stop the alleged genocide, Israel continues to carry out airstrikes.

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