Courts Financial News

Bombay high court has refused to direct the transfer of Reserve Bank of India bonds to the mother and wife of a man who has renounced the world and become a Jain sadhu. «This court, in its writ jurisdiction under Article 226, will not enter the arena of disputed claims between the parties,» said Justices Revati Mohite Dere and Neela Gokhale, asking them to seek civil remedy before an appropriate forum. In their petition, the 77-year-old mother and 48-year-old wife of the sadhu said M was the karta of a Hindu Undivided Family. «Renouncing worldly affairs amounts to civil death of M and as such all his properties would devolve upon his other legal heirs, namely the petitioners.» M's son and daughter have also taken sanyas. He holds bonds worth about Rs 56 lakh and the date of maturity is Sept 18, 2026. As per RBI guidelines, the bonds are not transferable except in the case of natural death.

Uttarakhand High Court has asked the state government whether it can invite suggestions afresh on the Uniform Civil Code (UCC) and consider making amendments wherever necessary. A division bench of the high court comprising senior Justices Manoj Tiwari and Ashish Naithani posed the query on Thursday to Solicitor General Tushar Mehta while hearing two new petitions challenging the UCC's provisions regarding live-in relationships.

Delhi government on Friday told the Supreme Court that it was going ahead with the implementation of the PM-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM) scheme in the national capital. The submission was made before a bench of Justices B R Gavai and P K Mishra.

Supreme Court on Friday set aside the orders terminating the services of two women judicial officers in Madhya Pradesh in 2023, terming the action as «punitive, arbitrary and illegal». A bench of Justices B V Nagarathna and N Kotiswar Singh directed that the two officers be reinstated in service within 15 days.

work-life balance. The constable, Chandrashekhar, had been working double shifts, totaling 16 hours daily, for 60 consecutive days without a break due to a staff shortage.

Subscribe to enjoy similar stories. KPMG has begun to set up a law firm in the U.S. after a court decision made it the first Big Four accounting firm eligible to practice law in the country.

Supreme Court chief justice with the defiant rejoinder: «John Marshall has made his decision, now let him enforce it.»

Sindhudurg, Maharashtra, parents of a 15-year-old boy were arrested after complaints that the teenager was spouting 'anti-national' slogans during last weekend's India-Pakistan cricket match. The parents were granted bail by the local court, and have been asked not to leave the area. The family's scrap shop — which allegedly didn't have the right permit and was left intact until Monday — was razed by the local council. From when was it a crime to cheer for a cricket team pitted against India, a Pakistani team included? What next? Arresting for listening to Pakistani ghazals? For having a poster of 2024 Paris Olympic gold medal-winning Pakistani javelin thrower Arshad Nadeem — and pal of India's 2023 World Champion Neeraj Chopra — on a wall? If the police had one job, it was to quell the escalating argument between the boy's family and the complainants, not, for all purposes, join the mob.

Subscribe to enjoy similar stories. Breaking the silence over the ongoing dispute between brothers Abhishek and Abhinandan over a family settlement agreement and the use of the Lodha brand, their mother Manju Lodha has stated that neither brother has any valid claim on the other’s business. The mother made an emotional appeal to the two brothers to bury the hatchet in a letter addressed to them on 21 February.

Andrew Tate and his brother Tristan have left Romania for the United States after the lifting of their travel ban.

Subscribe to enjoy similar stories. NEW DELHI : Opting for a higher pension under the Employees' Pension Scheme (EPS) seems to have become a procedural nightmare for employees. Some people who applied for it after the Supreme Court order in November 2022 are still waiting for the Employees' Provident Fund Organisation (EPFO) to accept their applications.

house rent defaulting tenants who did not wish to vacate the premises.

G Kishan Reddy said Thursday. Addressing a press conference on the Indian mining sector, he said while states can levy higher taxes after a Supreme Court order allowing the same, it should be avoided due to the adverse impact on consumers. Elaborating on the centre's stand on the issue, Mines Secretary V L Kantha Rao said, we have asked states to come up with a stable regime for taxing minerals so that companies have better visibility when starting operations.

Subscribe to enjoy similar stories. The age of artificial intelligence (AI), heralded by the 2022 advent of ChatGPT, has given birth to a peculiar form of conventional wisdom. The reigning corporate orthodoxy insists that AI shall automate menial tasks, freeing the world’s brilliant and creative to do what they do best.

Supreme Court on Wednesday temporarily blocked a judge's order giving the Trump administration a midnight deadline to release billions of dollars in U.S. foreign aid.

Donald Trump's administration on Wednesday ordered federal agencies to undertake more large-scale layoffs of workers, while the president let downsizing czar Elon Musk take a star role at his first cabinet meeting and discuss his ambitious budget-cutting targets.