Courts Financial News

Bar and Bench as saying. The Supreme Court was hearing a petition filed by the Indian Medical Association (IMA) against an alleged campaign carried out by Patanjali and its founders against the COVID-19 vaccination drive and modern medicine. No sale of suspended products: The Supreme Court also said that Patanjali should not be allowed to sell products for which licences were suspended.

JDS State President HD Kumaraswamy on Tuesday sought a CBI probe into the alleged crime on women in Hassan including the leak and widespread circulation of explicit videos ahead of the April 26 polls even as the special investigation team (SIT) awaited arrival of Hassan MP Prajwal Revanna in connection with the case.

Binance Holdings Ltd. said it was asked for a large payment in Nigeria to make problems there “go away,” and repeated calls for the release of its employee who’s been jailed in the West African nation.

Supreme Court on Tuesday ordered interim stay on Calcutta High Court decision which declared the entire panel of 2016 SSC teachers' recruitment null and void cancellig appointments of 24,000 teachers and non-teaching staff. The court has asked CBI to continue its investigation.

Narendra Modi on Tuesday hit out at RJD president Lalu Prasad Yadav over his remarks favouring reservation benefits to Muslims and said the INDI alliance wants to snatch all quotas of SC, ST and OBCs and give them to their "vote bank" as part of a deeper conspiracy. Yadav's statement that he was in favour of extending reservation benefits to Muslims has triggered a political slugfest.

₹36 crore in Ranchi, Jharkhand, the Enforcement Directorate (ED) on Tuesday arrested Sanjiv Lal, personal secretary to state rural development minister Alamgir Alam, and Lal's maid Jahangir Alam. They were presented before the special Prevention of Money Laundering Act (PMLA) court, which remanded them to six days of ED custody. Also Read: ED arrests Jharkhand minister Alamgir Alam's secretary On Monday, the ED raided the premises of both Sanjiv Lal and his domestic help Alamgir Alam in premises in Jharkhand's Ranchi.

Kenya says the Republic of Congo's military has released two Kenya Airways staffers who were detained for two weeks in a cargo dispute

A federal appeals court has upheld a 2021 ruling that NBA star Zion Williamson’s contract with a marketing agent was void because the agent was not licensed in North Carolina when the two entered an agreement in 2019

Qantas Airways has agreed to pay $79 million in compensation and a fine for selling tickets on thousands of cancelled flights

Hospital operator Steward Health Care has filed for bankruptcy protection, but pledged to maintain the eight hospitals it operates in Massachusetts

Redfin has agreed to pay $9.25 million to settle federal lawsuits that claim U.S. homeowners were saddled with artificially inflated broker commissions when they sold their home as a result of longstanding real estate industry practices

This year, as with nearly every recent election, questions were raised about the functioning of electronic voting machines (EVMs). While the Supreme Court upheld their use in elections, when asked if the source code of EVM machines could be released for open source use, it tersely shut down that line of argument, pointing out that if the source code is released, it would be misused. While I have no desire to wade into the debate over whether and how electronic voting machines should be used, I do want to unpack the Supreme Court’s somewhat offhand rejection of open source.

Delhi court on Tuesday extended the judicial custody of BRS leader K Kavitha till May 14 in a money laundering case related to the alleged excise scam.

New Delhi, The Supreme Court on Tuesday took note of concerns over the safety of the 150-year-old Bombay High Court building and the need for additional space, and directed the Maharashtra government to «forthwith» conduct a safety audit of the heritage structure. A special bench of Chief Justice D Y Chandrachud and Justices B R Gavai and J B Pardiwala also asked the government to expedite drawings of the site earmarked for constructing new high court building in Mumbai.

Lok Adalat system. The Delhi State Legal Services Authority (DSLSA) is collaborating with the National Legal Services Authority (NLSA) to organize a National Lok Adalat on Saturday, May 11.

Amethi (Uttar Pradesh) [India], May 7 (ANI): Union Minister and BJP candidate from Amethi Lok Sabha seat Smriti Irsaid that people in the constituency have understood that development is possible when the leader has good character and the government has clarity in its policies. «The people of Amethi have accepted me as their family. I am a voter in Amethi now. The people have understood that if the government is clear with its policy and the leader has good character, then a lot of development is possible in very little time,» Smriti Irani told ANI here on Monday. «The Congress leadership is preparing to conduct an analysis of their loss in Amethi after the declaration of the results,» she added.

Arvind Kejriwal has links to ‘Khalistani sympathisers’, BJP leader Shazia Ilmi stated ‘hardly been a secret’ that Delhi Chief Minister received money from them release letter for Devendra Pal Bhullar, who is convicted by TADA court. The strong reaction comes soon after Delhi Lieutenant Governor VK Saxena urged National Investigation Agency (NIA) to initiate a probe against Kejriwal for allegedly receiving political funding from the banned terrorist organisation.

A man has admitted in court that he killed four women in Winnipeg, but his lawyers are asking he be found not criminally responsible because of mental illness.Court of King’s Bench Chief Justice Glenn Joyal said Monday the question of Jeremy Skibicki’s mental capacity and intent will now be the focus of the trial.The Crown agreed the trial, which was supposed to be with a jury, will instead be heard by a judge alone because of complexities with this type of defence.“Concluding this matter before a jury does pose some challenges,” said prosecutor Christian Vanderhooft.The trial is to start Wednesday.Skibicki, 37, has pleaded not guilty to four counts of first-degree murder.His lawyers argued last week for the case to be heard in front of a judge alone. They said a jury trial would infringe on Skibicki’s rights to a fair trial because of significant pretrial publicity.The lawyers also expressed concerns a jury would have negative views of Skibicki using a not criminally responsible defence.

Eisler Capital, the smallish multistrategy hedge fund with aspirations to be much bigger, is hiring people. But it probably won't be using search firm Monroe Partners to do it.

There are many things which keep people in the investment banking industry.  Money, forexample.  Also, the prospect of more money, and the threat of losing deferred money. There’s also interesting work and pleasant colleagues, for some lucky bankers.  But, as former Goldman Sachs banker Cassindy Chao is refreshingly honest to admit, another thing that keeps people in the industry when they might otherwise be tempted to get out is the sheer psychological trauma of seeing friends and acquaintances get much richer than you. This is especially so when those people were formerly your juniors. 

Supreme Court on Monday refused to entertain a petition by traders’ associations, challenging the constitutionality of Section 43B(H) of the Income Tax Act that requires businesses to settle their dues with micro, small and medium enterprises (MSMEs) within 45 days to claim tax benefits. A bench led by Chief Justice DY Chandrachud instead asked the petitioners – Federation of All India Vyapar Mandal, Federation of Madras Merchants and Manufacturers Association, and Confederation of West Bengal Trade Associations – to move the high court for any relief. The new rule has come into force from April 1.