Courts Financial News

Custom duties and charges shall not be levied on medicines, drugs and therapies for rare diseases, the Delhi High Court has clarified in a recent order. Justice Pratibha Singh said that whenever medicines are brought in respect of rare diseases, the custom authorities shall ensure that the same are cleared expeditiously and no unnecessary impediments are caused in ensuring that the same reach the concerned hospital. The judge also asked the HC registry to communicate the order to the Central Board of Indirect Taxes and Customs for immediate compliance.

Supreme Court on Monday stayed a Delhi High Court order that summoned the Ministry of Civil Aviation secretary, the Airport Authority of India (AAI), the chairmen and managing directors of GMR IGI Airport and of Delhi International Airport Ltd (DIAL) and the Hotel Corporation of India (HCI) chairman in a case related to the termination of a lease for land given to the Hotel Corporation of India. A Bench led by Chief Justice DY Chandrachud while issuing notice to DIAL and others on three separate appeals filed by the AAI, the ministry and the HCI stayed the HC’s February 22 order that asked the top brass to remain “personally” present in the court on March 6. Terming the HC order as «erroneous» and liable to be set aside, the ministry told the SC that it was not a party to either the lease agreement between the AAI and HCI or the agreement between the former and DIAL. It also said that the initial decision to issue termination notice was also taken solely by the authority and the ministry only acted as a “facilitator” for resolving the dispute. «In fact, the AAI only sought advice from the ministry and the opinion was given by the ministry in terms of the lease agreement between the AAI and HCL,” the appeal stated.

U.S. Supreme Court handed Donald Trump a major victory on Monday as he campaigns to regain the presidency, overturning a judicial decision that had excluded him from Colorado's ballot under a constitutional provision involving insurrection for inciting and supporting the Jan. 6, 2021, Capitol attack. The justices unanimously reversed a Dec. 19 decision by Colorado's top court to kick Trump off the state's Republican primary ballot on Tuesday after finding that the U.S. Constitution's 14th Amendment disqualified him from again holding public office.

Delhi High Court has barred Natco Pharma from manufacturing and selling cancer drug Olaparib either under the brand name ‘BRACANAT’ or under other brand names till further orders. “…the defendant (Natco) is in fact exploiting the suit patent by manufacturing and selling Olaparib. It is also admitted that this exploitation has take place in the 19th year of the life of the suit patent.

Justice Uday Umesh Lalit: Justice Lalit was born on 9th November 1957, in a family of leading lawyers, in Solapur, Maharashtra. His father, Shri U.R. Lalit, was an Additional Judge at the Nagpur Bench of the Bombay High Court’s and a leading senior advocate at the Supreme Court of India.

A court in Montenegro has ruled that Terraform Labs founder Do Kwon should be extradited to the United States to face fraud charges rather than to his native South Korea.

By Foo Yun Chee

The family of an 80-year-old Canadian woman with Alzheimer’s disease is speaking out after their vacation in the Bahamas took a horrific turn.They allege she was sexually assaulted at the resort they were staying at by a guest they say is from Nova Scotia.The woman’s son, David Ahrens, says the family is shocked by everything that’s happened.“No one has the right to inflict this much pain and trauma on an 80-year-old great-grandmother who has Alzheimer’s disease,” he told Global News.Ahrens says he’s speaking out to warn others about the potential dangers when travelling with vulnerable loved ones.He says his mother, who he is not naming to protect her privacy, was on holiday with other family members at the Warwick Hotel and Resort on Paradise Island, Nassau last month.According to Ahrens, a Canadian man the group didn’t know introduced himself to the group on Jan. 28, and joined them for dinner.

Aam Aadmi Party (AAP) chief national spokesperson Priyanka Kakkar on Monday said the party respect the Hon’ble Supreme Court's order to vacate its (AAP) headquarters office in the Rouse Avenue area of the national capital as the land was allotted for the expansion of Delhi High Court's infrastructure. Kakkar said the Supreme Court has also directed that the Centre's Land and Development Office to allot an alternative land for AAP's office as soon as possible.

Vedanta Group's Sterlite Power Transmission. The appeal sought to declare corporate guarantees to subsidiaries non-taxable under the current tax regime. It also contested the valuation criteria set by the finance ministry for the purpose of taxing such guarantees when there is no financial consideration involved.

Jharkhand Mukti Morcha (JMM) legislator Sita Soren had accepted bribe to vote in favour of independent candidate R K Agarwal but did not vote for him, an act that triggered a CBI probe under the provisions of the Prevention of Corruption Act. Sita Soren, the daughter-in-law of JMM founder Shibu Soren, sought refuge in the Jharkhand High Court citing Article 194 (2) of the Constitution that grants immunity to legislators for whatever they speak or the votes they cast in the legislative assembly or committees. Sita Soren also argued that as a JMM MLA, she had voted for the party candidate Sanjiv Kumar, who won the Rajya Sabha election. In 2014, the Jharkhand High Court refused to quash the case filed against her by the Central Bureau of Investigation (CBI), prompting her to move the Supreme Court.

Assam announcing to relaunch protests against Citizenship Amendment Act (CAA), Assam police have sounded alert across the state. Recently Union Home minister Amit Shah has stated CAA rules will be notified and implemented before Lok Sabha polls. In several places in Assam, police have readied bamboo barricades in anticipation of the protest. A senior police officer who does not want to be named told ET, “We are anticipating protests however not on the scale which Assam witnessed in 2019 and 2020. There are some organisations which have announced its decision to relaunch the protest however we have taken that seriously and an alert is sounded. Additional forces are deployed in the districts however this deployment is in view of the Lok Sabha polls.”

GOLDSBORO, N.C.—Donald Trump has been impeached, indicted and ordered to pay hundreds of millions of dollars in penalties for committing fraud and defamation. For many Republican voters in this Raleigh exurb, that doesn’t disqualify him from returning to the White House. Instead, it makes them more likely to back Trump in this week’s Super Tuesday primary because they view the GOP presidential front-runner as unfairly targeted by his political enemies.

Mumbai man has been arrested on charges of sexually assaulting his minor daughter after the matter came to light during a counselling session with the police. The incident unfolded in Mumbai, where the victim, a 17-year-old girl, resides with her parents. The father approached the police seeking assistance, expressing concern over his daughter's excessive use of social media and her rebellious behavior towards her parents. The father told Poilce that his daughter was glued to social media and her phone all the time and said she no longer listens to her parents and yells back at them. He requested the police to counsel her. Subsequently, the girl and her mother came to the police station. Hoping for guidance, he requested the police to counsel her. Responding promptly, a woman police officer took charge of the counselling session, enlightening the young girl on the potential risks associated with excessive social media and internet usage. The officer also encouraged her to voice any issues she might be facing. It was during this session that the girl bravely disclosed a traumatic incident—she revealed that she had been molested and sexually assaulted by her own father over several days last year.

₹3 crore went missing. SBI’s Personal Banking branch in Mulund West had given gold loans worth ₹1.94 crore, which is around 65 percent of the value of the mortgaged gold ornaments, police informed. The prime accused, a 33-year-old service manager, Manoj Maruti Mhaske, siphoned off about 4 kg of gold jewellery worth around ₹3 crore from the bank’s locker.

Udhayanidhi Stalin has ‘abused his rights’, the Supreme Court on Monday slammed Tamil Nadu Sports Minister and DMK leader over his comments on 'Sanatana Dharma' and said that he should refrain from such comments as he is "not a layman but a minister". Stalin has approached the apex court, seeking the consolidation of multiple FIRs registered against him in various states for his remarks. Represented by senior advocate Abhishek Manu Singhvi, Stalin requested the court to merge FIRs from Uttar Pradesh, Karnataka, Bihar, Jammu and Kashmir, and Maharashtra.

Supreme Court's judgment on ‘immunity in bribery case’ and asserted that ‘it will clean politics’. Earlier in the day, the Supreme Court ruled that the members of parliament and state assemblies are not immune from prosecution in bribery cases.

A Supreme Court decision could come as soon as Monday in the case about whether former President Donald Trump can be kicked off the ballot over his efforts to undo his defeat in the 2020 election.Trump is challenging a groundbreaking decision by the Colorado Supreme Court that said he is disqualified from being president again and ineligible for the state’s primary, which is Tuesday.The resolution of the case on Monday, a day before Super Tuesday contests in 16 states, would remove uncertainty about whether votes for Trump, the leading Republican candidate for president, will ultimately count. Both sides had requested fast work by the court, which heard arguments less than a month ago, on Feb.

Biocon Biologics on Monday said it has inked a patent settlement agreement with Bayer Inc and Regeneron Pharmaceuticals Inc, paving the way for it to launch a biosimilar product in Canada. The settlement pact paves the way for the introduction of Yesafili, a proposed biosimilar to Eeylea (aflibercept) injection, in the Canadian market, Biocon Biologics said in a regulatory filing. Under the terms of the agreement, Biocon Biologics has secured a launch date for the product no later than July 1, 2025, it added.

the Vergereported. Google contractor Cognizant was responsible for approving music content for YouTube Music. Over 40 employees of YouTube Music went on a strike in February last year, demanding changes to Google’s return-to-work policy.

Arvind Kejriwal has sent a reply to the Enforcement Directorate and asked for a date after March 12 in the excise policy case. Sources informed PTI that the AAP convenor will attend the hearing via video conferencing. Kejriwal has been asked by the Enforcement Directorate (ED) to appear before the agency on Monday for questioning in connection with the money laundering case linked to alleged irregularities in the Delhi excise policy for the 2021-22 fiscal year, which has since been scrapped.