Courts Financial News

₹ 25,000 on his arrest back then. On March 6, Karan posted pictures of him with Digvijay Singh and other Congress leaders. He said Digvijay Singh reached Badnagar to join Rahul Gandhi ji's Bharat Jodo Nyay Yatra.

Donald Trump on Friday posted a $91.6 million bond to cover the defamation verdict in favor of writer E. Jean Carroll, and began his appeal of the case that arose from his branding her a liar after she accused him of raping her decades ago. The bond from Federal Insurance Co, part of the insurer Chubb, would cover Carroll's $83.3 million judgment if Trump were to lose his appeal of the Jan. 26 verdict and refuse to pay.

Terra founder Do Kwon has been caught in a legal battle between the United States and South Korea over which nation gets to extradite the crypto mogul to their turf.

Donald Trump on Friday appealed the writer E. Jean Carroll's $83.3 million verdict in her recent defamation case, which arose from his branding her a liar after she accused him of raping her decades ago. Trump said his appeal to the 2nd U.S. Circuit Court of Appeals in Manhattan will cover «all adverse orders, rulings, decrees, decisions, opinions, memoranda, conclusions, or findings» leading to the Jan. 26 verdict.

As per an internal assessment, there are about 10,000 cases where taxpayers have received notices from both the central and state GST authorities. Courts have made adverse comments in many such cases of parallel investigations. The matter was discussed at a recent meeting of enforcement officials from the central and state GST departments, chaired by union finance minister Nirmala Sitharaman. «There are instances where both the Centre and states have issued notices or have started investigations in the same case. We are working on a detailed directive on that,» a senior official told ET.

Competition Commission of India (CCI) has rejected stakeholders' plea opposing the new, more stringent monetary penalty framework for antitrust activities where the maximum penalty would be linked to the global turnover of a firm. The stakeholders wanted the imposition of penalty «to be based on relevant turnover/relevant profit in line with Excel Crop judgment» of the Supreme Court, the regulator said in a «general statement». The CCI issued the statement after it notified on Wednesday its new regulations, moving on from the earlier regime of pegging the maximum penalty to a firm's turnover in the relevant market where the abuse of law has taken place.

the scene of the city’s worst mass killing in recent memory says he did not know the accused killer lived there.Ottawa police allege 19-year-old Sri Lankan national Febrio De-Zoysa murdered a mother, and her four children along with a family acquaintance. The youngest victim was just a few months old.

New Delhi: The government has dropped its plan to amend the bankruptcy law to introduce a special regime for real estate developers, letting creditors instead decide whether individual projects of a distressed developer should be sold piecemeal or as a whole. Last month, the bankruptcy rule maker granted creditors such flexibility, and the government wants to first see how this works, two persons informed about the development said.

Lok Sabha Elections 2024: The Congress party, in its initial list, has disclosed the candidates for seven out of the 28 Lok Sabha constituencies in Karnataka ahead of the forthcoming general elections. Prior to the announcement, KPCC president and deputy chief minister D K Shivakumar indicated that the party had submitted 14 names for clearance from the high command. Notable figures in the list include D K Suresh, the two-time MP and brother of Deputy Chief Minister D K Shivakumar, who is set to contest from Bengaluru Rural for the third time. Another candidate in focus is former Tumakur MP SP Muddahanumegowda, who recently returned to Congress from BJP. Geetha Shivarajkumar, sister of Karnataka's Primary and Secondary Education Minister Madhu Bangarappa, will be contesting from Shivamogga. Geetha, who ran unsuccessfully from Shivamogga in 2019 on a JD(S) ticket, will now contest with Congress support.

Claire Glasgow, lawyer at law firm Fieldfisher, explained that, at a High Court hearing yesterday (7 March), the judge refused to have all five cases filed under a single claim and that the five claimants would have to file separate claims on the matter. However, the judge has allowed the five cases to run together. FCA takes no action against Odey Asset Management following investigation Originally, two alleged victims had come forward with sexual misconduct allegations against Odey. The additional three cases were allowed by the judge to join the original claim yesterday. The ...

The disqualification proceedings were brought on 7 March. A spokesperson from the service said they will be «in respect of his conduct» as a director of both companies. No further details on the case were made available by the service, given «this matter is now a live case before the court it is not appropriate to comment further». Fidelity International cuts 1,000 jobs on 'challenging economic environment' Speaking to the FT, a spokesperson for Greensill said: «Mr Greensill rejects this action as wholly without merit and will robustly address it». Greensill filled a lawsuit on ...

Electric Bike Taxi Scheme, 2021, was withdrawn through a government order on 6 March. A Karnataka government order notified that the 2021 Karnataka Electric Bike Taxi Scheme has now been withdrawn. “It has come to our notice that certain private app-based firms are violating the Motor Vehicles Act and its rules and running illegal non-transport two-wheelers as the transport vehicles," it said.

I presume that it would be legal for taxation purpose in case we form a HUF with the following structure as we have 2 coparceners.

CIBIL is one of the major credit bureaus that maintains credit reports for individuals. Similar to credit reporting agencies in other countries, negative information can stay on your CIBIL report for a certain period of time. 

China has reported large increases in arrests and cases of phone and internet scams last year, as leaders showcase the ruling Communist Party's determination to safeguard national security and public order

RJD Chief Lalu Prasad's 'Parivarvaad' jibe on PM Modi, former Jammu and Kashmir Chief Minister Omar Abdullah said he has «never been in favour of such slogans», allowing the PM to score a goal". RJD and the Jammu and Kashmir National Conference are partners in the opposition INDIA bloc, formed to take on the BJP in the upcoming Lok Sabha elections. «I have never been in favour of such slogans and we have never benefited from them. Whenever we use such slogans, it harms us,» he said.

A federal judge has ruled that Norfolk Southern alone will be responsible for paying for the cleanup after last year's fiery train derailment in eastern Ohio

As a result of its five-year legal skirmish with the Securities and Exchange Commission over alleged conflicts, Commonwealth Financial Network is preparing for a potential fine and loss of between $5 million and $24 million, according to a filing at the end of February with the SEC.

By Jonathan Stempel

Supreme Court on Thursday verbally observed that the decision of Maharashtra speaker Rahul Narwekar using the test of legislative majority to declare Eknath Shinde's faction as the real Shiv Sena could be contrary to the court's judgment in May last year. «He (the speaker) says which faction is the real political party is discernible from the legislative majority which existed when the rival factions emerged. Is it not contrary to the judgment?» a bench headed by Chief Justice of India (CJI) D Y Chandrachud remarked verbally, referring to paragraph 144 of the speaker's order. «The whole submission is contrary to the judgment of our court,» the bench added.

Delhi High Court on Thursday issued showcause notice to Go First resolution professional (RP) Shailendra Ajmera as to why contempt proceedings should not be initiated against him for non-compliance of its orders. Several lessors of the bankrupt airline had alleged that the RP had failed to conduct any maintenance on their aircraft leased to the airline and had wilfully defied the HC orders. Justice Tata Vitasta Ganju also asked the lessors to work out the modalities for a solution in this regard. However, the HC clarified that it was not directing anyone's presence at the moment. She noted that from the RP's previous affidavits showed that maintenance had not been carried out by the airline's officer.