Courts Financial News

Union Minister of Ports, Shipping & Waterways Sarbananda Sonowal campaigned for the upcoming Lok Sabha elections at various places in the Margherita Assembly constituency. The senior leader from BJP was accorded warm reception by the people as Sonowal visited North Margherita Rangamancha, Nagapathar Rangamancha, Udaipur Rangamancha, Lidu Railway Theatre among others. Sonowal, “The Congress is synonymous with the Gandhi family; it hasn't transcended beyond that. This party's reputation in India revolves around corruption, nepotism, and fostering division. The people of Assam has endured unrest, rampant corruption and discontent during the Congress era. The injustices inflicted upon the Assamese people by the Congress remain unforgettable. Who will hold accountable those who seek refuge behind the Congress for the security of the people? I entrust everything to the public. I am confident that those who want to piggyback on Congress will fall flat in the court of people’s will, as people will pull them down.”

Sandeshkhali were found to be true, the Calcutta High Court on Thursday said that West Bengal's image as the safest state for women will fall. Petitioner-lawyer Priyanka Tibrewal submitted a voluminous compilation before the court which she said contained around 100 affidavits of alleged victims of sexual assault, apart from those of land grabbing and violence. «If at least one per cent (of the allegations) is true, it is highly shameful,» a division bench presided by Chief Justice T S Sivagnanam said. The division bench was hearing a suo motu motion on alleged sexual assault and land grabbing at Sandeshkhali in North 24 Parganas district and petitions seeking transfer of investigation of these cases to the CBI.

₹244 crore plus interest to Ericsson for infringing on the telecommunications firm’s 2G and 3G patents. A spokesperson for Lava International said, “Lava will explore all viable legal avenues, including the possibility of filing an appeal in response to the judgement.

  —Name withheld on request Lis pendens in common parlance means “a pending legal action". The doctrine of lis pendens finds its place in Section 52 of TOPA which provides that if there is any transfer of any immovable property pending litigation, the same shall not affect the rights of the parties in respect to the immovable property.

In a statement from the regulator today (4 April), it said the High Court had approved a consent order to return money to investors in the unlawful schemes. Previously, the FCA commenced civil proceedings against AWL and Willis on 1 June 2022 to recover investor funds from the alleged unlawful activity, and the assets of AWL and Willis were frozen in the meantime. FCA warns firms and finfluencers to 'keep social media ads lawful' The financial watchdog alleged that AWL unlawfully took about £2.8m as deposits under loan agreements and/or as part of an unauthorised collective investm...

Arvind Kejriwal on Thursday moved a city court urging it to allow him to spend more time with his lawyer in order to prepare for cases pending against him in several parts of the country. Kejriwal moved the application claiming that two meetings every week with his lawyer, as permitted by the court, was not sufficient since he was facing multiple cases in various states and needed more time for consultation. The AAP leader urged the court to increase the number of meetings to five per week. The application is likely to come up for hearing before special judge for ED cases Kaveri Baweja on Friday.

AAP Rajya Sabha MP Sanjay Singh on Thursday said the six months he spent in jail boosted his morale and strengthened his resolve to raise his voice against "injustice and dictatorship". Singh, who walked out of Tihar jail on Wednesday, told PTI that his jailed party colleagues — Delhi Chief Minister Arvind Kejriwal, former deputy chief minister Manish Sisodia and former minister Satyendar Jain — will also be released soon. Singh had been lodged in the high-security prison in the national capital since October 13, 2023. He was arrested on October 4 last year in connection with an excise policy-linked money laundering case. He was granted bail by the Supreme Court on Tuesday. Kejriwal and Sisodia have also been arrested in the same case, while Jain is in jail in connection with a separate money laundering case.

₹15,000 crore. The state was unable to pay salary and arrears among other payments. Subsequently, Kerala dragged the union government to the Supreme Court for limiting its borrowing powers.

Supriya Sule was announced as a candidate for the Baramati Lok Sabha seat. The three-term parliamentarian and daughter of NCP founder Sharad Pawar is pitted against her sister-in-law and Maharashtra Deputy Chief Minister Ajit Pawar’s wife Sunetra Pawar.

Sandeshkhali case and a now-suspended TMC leader, has been arrested by the Enforcement Directorate (ED). According to a report by NDTV, a bench of the Calcutta High Court, headed by Chief Justice TS Sivagnanam, questioned the government of CM Mamata Banerjee saying that it cannot avoid accountability in the case. Allegations were also made that the Trinamool Congress-led (TMC) West Bengal government had attempted to shield Shahjahan Sheikh, a locally influential party leader accused in the Sandeshkhali case.

Indian Oil Corporation Ltd (IOCL) in the Delhi High Court on Thursday, after the state-owned company cancelled its first tender for a green hydrogen manufacturing plant in February. The court allowed the industry body to withdraw the petition as the cancellation rendered it irrelevant. In its writ petition, the body had accused IOCL of having a conflict of interest in the tender issued in November.

LS polls: BJP releases 7th list of candidates, Navneet Rana to contest Amravati Rana had challenged the Bombay High Court order of 2021, where the court observed that she fraudulently obtained a 'Mochi' certificate, even though records showed she belonged to the 'Sikh-Chamar' caste, Live Law reported. The Bombay HC had also imposed a fine of ₹2 lakh on the Amravati MP. After this Rana knocked Supreme Court's door and argued that her forefathers belonged to the Sikh-Chamar caste wherein 'Sikh' is a religious prefix and is not related to a caste.

Arvind Kejriwal's wife Sunita Kejriwal on Thursday said that the Delhi CM in a message from jail has asked Aam Aadmi Party MLAs to visit constituencies daily, to ensure people don't face any problems. In a post on X, AAP said, “Arvind Kejriwal has sent a message to all MLAs.

The ongoing skirmish between Bellevue, Washington-based financial advisor Lars Knudsen and independent wealth giant Hightower Advisors has taken another turn as Knudsen claims a number of legal wins.

A $62 million project to dredge Puerto Rico’s biggest and most important seaport has started amid fierce opposition from environmentalists and a pending lawsuit

International Olympic Committee on Wednesday said it needs to find a suitable new international boxing body by early next year or else risk boxing dropping out of the Olympics for the Los Angeles Games in 2028. The IOC stripped the International Boxing Association of the right to run the Olympic boxing tournaments in Tokyo in 2021 and Paris this year. On Tuesday, the Court of Arbitration for Sport upheld the IOC's decision to formally de-recognize the IBA, in effect cutting it out of the Olympic movement altogether.

Karnataka Revenue Minister Krishna Byre Gowda on Wednesday issued a challenge to Union Home Minister Amit Shah, asking him that if Shah had indeed written to the Election Commission about the Karnataka government delaying applying for drought relief, he must produce the related documents immediately. The Home minister had made the allegation in a rally in Bengaluru on Tuesday, provoking the ire of the Karnataka Congress regime over the contentious issue. “It is shameful to lie to the people of Karnataka to cover up this injustice. Do Kannadigas exist only to pay taxes and vote for you?” the revenue minister asked. Karnataka, he said, ranked second among the highest tax-paying states. It was shameful to divert its taxes to other states, cheat the state during a drought, and then lie about it, he added. Gowda gave a timeline of the drought relief petition process, saying the Karnataka government declared drought in the state on September 13, one and a half months earlier than the October 31 deadline. “If you need proof of our submission for drought relief in September, we can provide a copy of the letter from the Secretary of the Central Home Department dated September 27,” he said.

PTI on 3 April. Following this, he was immediately rushed to the hospital and is currently being treated by doctors. The man has been identified as Srinivas – a resident of Mysuru – who the high court and handed over a file to security staff at Court Hall One.

Arvind Kejriwal being remanded to ED custody, and earlier this week to judicial custody, till April 15, while AAP MP Sanjay Singh was granted bail by the Supreme Court on Tuesday after almost 6 months in jail, there is much political drama that has unfolded. Various factions are hurling allegations against each other, including that of misuse of enforcement agencies to intimidate opposition leaders. So, the common man may well end up asking: is the law different for politicians? With a record number of undertrials languishing in judicial custody, we witness an outcry when a politician is remanded to police or judicial custody. The law happens to be the same for all. An accused, in most cases, is remanded: When prosecution is able to demonstrate substantial evidence about his or her involvement in a criminal offence.

The only maritime shipping terminal currently operating in the Port of Baltimore is preparing to process an influx of redirected ships as crews continue clearing the wreckage of the collapsed Francis Scott Key Bridge

Anti-smoking groups are suing the U.S. government over a long-awaited ban on menthol cigarettes, which has been stalled at the White House for months