Courts Financial News

The Australian Federal Court has delivered a ruling mostly  in favor of  Australia’s markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme. 

Arvind Kejriwal while the Karnataka sexual abuse scandal dominated political discourse in some places. Several companies including Godrej Consumer Products and Bombay Dyeing declared fourth quarter results while the Bombay High Court granted Jet Airways founder Naresh Goyal interim medical bail for two months. Thousands of Palestinians fled the south Gaza on Monday as the Israeli military prepared for a possible ground invasion.

ALSO READ: NewsClick: Court acknowledges founder received funds for pro-China content Justice Swarana Kanta Sharma had reserved the order after Chakravarty's counsel submitted that the chargesheet has already been filed in the case and the petitioner, after turning an approver, has been cited as a prosecution witness. Chakravarty's lawyer had said that the high court has the discretion under section 482 of the Code of Criminal Procedure (CrPC) to grant bail to him. The counsel for the Enforcement Directorate (ED) had said the prosecution has no objection if the relief is granted to him.

Vice President Teodorin “Teddy" Nguema Obiang was in a mood for payback. The Obiangs have run the oil-rich Central African country of Equatorial Guinea like a family ATM since 1979, accumulating mansions in Paris and Malibu, Ferraris and Bugattis, and at least three superyachts, according to court documents. And now a South African court was seizing Nguema Obiang’s two high-end Cape Town villas and the Blue Shadow, the yacht that carries his jet-ski collection while he vacations on one of the other two.

₹1 lakh and not leave Mumbai without prior permission from the trial court. "The applicant (Goyal) shall be released on interim bail for a period of two months. He shall abide by all conditions imposed," the bench said.

Supreme Court on Monday granted anticipatory bail to Umar Ansari, son of gangster-politician the late Mukhtar Ansari, in a case of alleged violation of the model code of conduct during the 2022 Uttar Pradesh assembly elections. A bench of Justices Hrishikesh Roy and PK Mishra asked Umar Ansari to appear before the trial court which will enlarge him on bail. During the hearing, senior advocate Garima Prashad, appearing for the Uttar Pradesh government, said Ansari has not been appearing before the trial court in the case. She said it is a case of inciting people in a congregation and the co-accused, who appeared before the trial court, have got regular bail.

Jet Airways' founder Naresh Goyal two months' interim bail in the ongoing money laundering probe. Goyal is currently admitted to Reliance Hospital has been asked to furnish a surety of Rs 1 lakh. Goyal asked for interim bail citing medical and humanitarian reasons as him and his wife Anita Goyal were both suffering from cancer.

said at an election rally. TMC leader Abhishek Banerjee urged the people of West Bengal to vote against those trying to tarnish the state's reputation. The Diamond Harbour MP asked the public to reject anyone seeking to discredit Bengal just to gain a few votes.

A top South Korean prosecution official says courts must deliver swifter justice to crypto offenders – with cases currently taking “too long” to process.

Top Events on May 6: With phase 3 of the Lok Sabha elections 2024 nearing, Prime Minister Narendra Modi has scheduled election rallies in Odisha and Andhra Pradesh on May 6. Alongside the election activities, Indegene Limited and Winsol Engineers Limited are also set to launch their IPOs today. The Supreme Court will hear the petitions filed by ex-Tamil Nadu minister Senthil Balaji and former Jharkhand CM Hemant Soren today.

In recent Institute of Chartered Accountants of India (ICAI) investigations into the affiliates of multinational professional services firms EY, Deloitte, PwC, and KPMG, the firms have managed to get court stays against disciplinary proceedings by ICAI's disciplinary committee after years of investigation, their domestic rivals said. In a case against EY affiliate firms SV Ghatalia and SR Batliboi, which began in 2013, the ICAI disciplinary committee issued an order on April 26 that barred and fined the two partners and directed them to sever all associations with the global entity, EY Global. The partners in question had retired a few years prior.

update in Fortnite Chapter 5 Season 2 brings a Star Wars collaboration, featuring Imperial Roadblocks across the island, a Dexerto report said. These roadblocks offer unique gameplay experiences and rewards.

Arvind Kejriwal's wife Sunita on Sunday alleged he was put in jail before the elections to «stifle» his voice and urged people to vote against «dictatorship» when the national capital goes to polls on May 25. Sunita held her third roadshow in the national capital in south Delhi in support of AAP candidate Sahiram Pahalwan on Sunday. She said her husband was put in jail since he built good government schools, mohalla clinics and promised to give Rs 1,000 to every woman in Delhi. «He has put in jail just before polls to stifle his voice. Dictatorship is at its peak. Please save this country. Please cast your vote irrespective of the heat,» she added.

reservations and sexual harassment charges against JD(S) leader Prajwal Revanna concluded on Sunday evening in 92 seats spread over 11 states and Union Territories. The stakes are significant for the BJP in this round as the party had in 2019 won an overwhelming majority of these seats, including all in Gujarat, Chhattisgarh, Bihar and Madhya Pradesh, that will go to polls on May 7. Prime Minister Narendra Modi led the BJP charge, asking the Congress to give in writing that it will not hand over the quota for Scheduled Castes, Scheduled Tribes and Other Backward Classes to Muslims. The Congress and its allies accused the BJP of trying to tamper with the Constitution and do away with reservations. The principal opposition party, which has promised to remove the 50 per cent cap on reservations, also asked the BJP to clear its stance on the issue.

H D Revanna on Sunday called his arrest over the allegations of abducting a woman, whom Revanna's son is alleged to have sexually abused, an outcome of a political conspiracy. The former minister, who is the son of former prime minister H D Deve Gowda, is facing the charge of kidnapping and illegally confining a woman who is the mother of three children. The complaint was lodged by the woman's son on Thursday. Revanna claimed there is no evidence of his involvement in the case based on the complaint against him registered on May 2.

IIHL is yet to get a nod from insurance watchdog Irdai for its Rs 9,650-crore acquisition of Reliance Capital, its chairman Ashok Hinduja has said. Stating that IIHL has been in touch with the Insurance Regulatory and Development Authority of India (Irdai) since November on the deal, he said IIHL is «hopeful» of the nod coming as soon as possible and added that usually, such a go-ahead comes in 2-3 months. Speaking with reporters here over the weekend, Hinduja said IIHL will be able to pay the sum it has bid for within 48 hours of the Irdai nod and complete the deal. With a little over three weeks to go before the National Company Law Tribunal's May 27 deadline for executing the Rs 9,650 crore buy of RCAP comes to a close, Ashok Hinduja said the Mauritius-based IIHL has tied up Rs 7,500 crore from a clutch of banks for the acquisition.

hush money criminal trial, former President Donald Trump talks about how he can't talk about the case. A gag order bars Trump from commenting publicly on witnesses, jurors and some others connected to the matter. The New York judge already has found that Trump, the presumptive Republican nominee for president, repeatedly violated the order, fined him $9,000 and warning that jail could follow if he doesn't comply.

Maui County is suing major cellular carriers for failing to properly inform police of widespread service outages during the height of last summer’s deadly wildfire

A U.K. High Court judge has ruled that the government acted unlawfully when it approved a plan to meet climate targets without evidence it could be delivered

The chief of staff of a Chinese businessman sought by the government of China has pleaded guilty to conspiracy charges weeks before her boss goes to trial in New York in a fraud case

Three anti-wind power groups are suing New Jersey to overturn a key environmental approval for a wind energy farm planned off the coast of Long Beach Island