Courts Financial News

The U.S. Securities and Exchange Commission on Thursday said it would pause the implementation of its new climate disclosure rule while it defended the regulation in court

Montenegro’s top court has overturned a decision to hand over a South Korean mogul known as “the cryptocurrency king” to his native country

The head of the Environmental Protection Agency on Friday defended a new $20 billion federal “green bank” program

New York state lawyers are demanding more information on the bona fides of the $175 million bond that former President Donald Trump posted to block the imminent collection of a huge civil fraud judgment

₹10.68 crore from the Ministry of Finance for sale and redemption of the electoral bonds, a report said on Friday. According to a report by The Indian Express, based on a Right to Information (RTI) application, the bank raised vouchers for commission for its bank charges and transaction fees, along with 18 per cent goods and services tax (GST), for the electoral bonds. The electoral bonds were sold and redeemed in 30 phases before they were declared unconstitutional by the Supreme Court.

Masih, the returning officer for the Chandigarh mayoral election whose result was overturned by the Supreme Court in February, on Friday tendered an unconditional apology to the apex court for his conduct. He had faced the wrath of the Supreme Court which ordered his criminal prosecution for allegedly making a false statement before it and his «misdemeanour» during the counting of votes. Masih said he would withdraw the earlier affidavit which stated that he was reeling under depression and anxiety and wherein he denied allegations of tampering with ballots. «A purported video recording of the election process was leaked online on January 31. Thereafter, the respondent (Masih) was subjected to incessant criticism, name-calling and ad hominems by members of political parties as well as social media. This put the respondent, including his family members, under immense mental trauma and stress,» he had said in the affidavit.

Supreme Court or high court to look into the matter, he added. «The governor has realised that all state-run university campuses have become mini-Sandeshkhali. Today, he ordered a judicial enquiry into corruption, violence and misuse of university campuses in West Bengal for electioneering and political purposes,» the official said. Allegations of sexual atrocities on women and land grabs were levelled against local leaders of the ruling Trinamool Congress at Sandeshkhali in North 24 Parganas district recently.

One ship is likely to be handed to the Indians in September, with another being delivered early next year. The delivery of the ships are two years behind schedule due to the war in Ukraine, the officials said, asking not to be named because of the sensitivity around the issue. The two frigates are part of a four-ship deal that the Indians signed with the Russians back in 2018. The other two ships are being built in India, in collaboration with Russia, but are also behind schedule due to war-related supply chain issues, the officials said.

Supreme Court on Friday issued a notice to the Delhi Jal Board (DJB) on a plea by the AAP government alleging non-release of funds to the body which is responsible for supplying potable water to the national capital. A bench comprising Chief Justice D Y Chandrachud and Justices JB Pardiwala and Manoj Misra asked the Delhi government's Principal Secretary (Finance) to release the funds, which the DJB is liable to receive, in the meanwhile. The bench said it wanted to know about the outstanding funds from the water utility itself. The court has now fixed the Delhi government's petition for further hearing on April 10.

Airtel and Reliance Jio, found themselves on a new battlefront — the satellite communication or satcom, a futuristic technology that promises to revolutionise India's telecom sector. Companies such as Reliance Jio’s JV with Luxembourg-based SES; Starlink; Amazon; Bharti-backed OneWeb; and the Tata-Telesat combine are working on creating a constellation of satellites to deliver ‘broadband-from-space’ services in India. India's current telecom market has just two big players, Reliance Jio and Bharti Airtel, but satcom will attract more big players. Since satcom does not require installation of towers on earth, the entry barrier is not as formidable as it is in traditional terrestrial mobile telecom.

Los Angeles but does not provide further details. "At trial, Jolie will prove through testimony, emails, photographs, and other evidence why Pitt was so concerned about his own misconduct that he blew up his own deal to purchase Jolie's interest in Miraval because she refused to agree to his new, expansive NDA," the filing reads.

NEW DELHI : The Supreme Court has consolidated multiple pleas challenging the 28% GST on online gaming companies, ordering the transfer of 27 writ petitions to be heard together. During a hearing led by a three-judge bench headed by Chief Justice D.Y. Chandrachud on Friday, the Supreme Court ordered the transfer of 27 writ petitions pending in 11 high courts across the country.

Political films lose steam at the box office Besides, CM Vijayan has asked the DD not to become a "propaganda machine" for the Prime Minister Narendra Modi-led BJP and the Rashtriya Sayamsewak Sangh (RSS). "Kerala will remain steadfast in opposing such malicious attempts to sow hatred," Vijayan said. Kerala opposition leader V D Satheesan wrote on the X platfrom, “The strategy of the Sangh Parivar administration led by Modi is to create division within secular society by screening the film 'The Kerala Story', which is a collection of untruth…The politics of division cannot be used in Kerala".

Manish Sisodia, the jailed AAP leader, and addressed to the people of Delhi surfaced in the media on March 5, a day before his bail case is taken up by a Delhi court. In the letter written in Hindi, he said «See you soon outside». Sisodia also expressed gratitude to people of his constituency for taking care of his ailing wife. «My love for you has increased after being in jail. You took great care of my wife. Seema gets emotional while talking about all of you. All of you should take care of yourselves...,» Sisodia wrote.

₹3 crore. Following immediate court intervention, the Uppal stadium management received a notice from TSSPDCL urging the Hyderabad Cricket Association (HCA) to pay at least half of the outstanding amount, totaling ₹1.63 crore, to the discom immediately. Meanwhile, the court directed the electricity department to reconnect the power supply to the stadium immediately following the successful payment of the first installment.

Angelina Jolie has alleged that her ex-husband Brad Pitt was abusive toward her much before the 2016 plane incident that led her to file for divorce. According to 'Page Six', the document, submitted by the legal team of the 'Maleficent' actor on Thursday reads, «While Pitt’s history of physical abuse of Jolie started well before the family’s September 2016 plane trip from France to Los Angeles, this flight marked the first time he turned his physical abuse on the children as well. Jolie then immediately left him.»

Meta Platforms has rebuffed an attempt by the U.S. Federal Trade Commission to amend a 2020 privacy settlement, noting that it had voluntarily disclosed two technical errors related to its Messenger Kids app to the agency. Meta disclosed the bugs in July 2019, the Facebook-parent said in a filing on Thursday, adding it had spent $5.5 billion on its privacy program and related privacy initiatives.

British billionaire Joe Lewis will not go to prison after pleading guilty to insider trading charges

Donald Trump left the White House facing a cash crunch that threatened his business empire

Nigerian authorities has asked in court for cryptocurrency exchange Binance and two of its executives to be tried for alleged money laundering and tax evasion, the first legal step following weeks of a criminal investigation into the trading platform

The arraignment of two Binance executives held against their will by Nigerian authorities has been postponed until April 19 as the country seeks criminal charges against the Nigeria crypto duo, an Abuja court hearing reveals.