Courts Financial News

Chandigarh Mayor election, has to be prosecuted as he was interfering with the election process. The apex court quizzed Anil Masih, returning officer for Chandigarh mayoral polls, and asked why he put 'X' marks on ballot papers. Returning Officer Anil Masih said he put 'X' marks on eight 'defaced' ballot papers.

An Australian cybercrime police officer has been accused of stealing 81.616 Bitcoin during a steroid trafficking investigation in Melbourne.

Chanda Kochhar and her husband Deepak Kochhar by the Central Bureau of Investigation (CBI) in a loan fraud case was "without application of mind and due regard to the law", amounting to an "abuse of power", the Bombay High Court has said. A division bench of Justices Anuja Prabhudessai and N R Borkar had on February 6 held the Kochhars' arrest as illegal and confirmed a January 2023 interim order passed by another bench granting them bail. In the order made available on Monday, the court said the CBI has been unable to demonstrate the existence of circumstances or supportive material based on which the decision to arrest was taken.

Arvind Kejriwal skipped summons by the Enforcement Directorate for the sixth time, sources said that the in the agency claimed that the court has taken cognizance of a complaint by probe agency under Section 174 of the Indian Penal Code against the Aam Aadmi Party (AAP) chief. Section 174 pertains to not obeying a legal order to attend a certain place in person or by an agent. The complaint was filed against Kejriwal for intentionally disobeying the first three summons issued to him, sources said.

Shivaji is more than a historical figure in India. The very name is nothing short of an emotion in this part of the world. For many Indians, especially in the Northern belt, Shivaji is not just a mere inspirational historical figure but a symbol of resistance against oppression as well as a cultural renaissance of sorts. Every year, Chhatrapati Shivaji Maharaj Jayanti is observed on 19 February. This year will mark his 394th birth anniversary. Also referred to as Shivaji Jayanti, the day is celebrated with great zeal across the state.

Calcutta High Court on Monday refused to take up for urgent hearing a PIL seeking protection to women residents of Sandeshkhali area over allegations of sexual atrocities on them by people owing allegiance to ruling Trinamool Congress. A division bench presided by Chief Justice T S Sivagnanam asked whether the petitioner is an elected representative like an MLA or a panchayat pradhan or a resident of Sandeshkhali or whether the person visited the affected place, saying that only attaching copies of newspaper reports with the petition will not be enough. The Chief Justice told the lawyer petitioner that the basic requirements of a PIL have to be satisfied for it to be taken up. The petitioner lawyer prayed for an urgent hearing of her public interest litigation (PIL) seeking protection to the women villagers of Sandeshkhali in West Bengal's North 24 Parganas district.

Jharkhand Mukti Morcha (JMM) leader Shibu Soren has approached the Delhi High Court challenging the single judge order refusing to interfere with the Lokpal proceedings against Soren based on a complaint filed by the BJP MP Nishikant Dubey in Disproportionate Assets (DA) case. The appeal came up for hearing before the division bench headed by Justice Rekha Palli. The matter was adjourned for tomorrow as senior advocate Kapil Sibal was busy with another matter before the Supreme Court.

Supreme Court on Monday asked low-cost carrier SpiceJet to clear all outstanding dues by March 15 in the ongoing Credit Suisse case. “There is no scope of belated payment. The respondent is not justified in saying so. The very fact that the respondent is in default is apparent from the dateline given,” the SC observed. The SC in September allowed SpiceJet to clear arrears in the airline’s payment to Swiss financial services firm Credit Suisse over a dispute settlement in six months.

Chandigarh AAP President Sunny Singh Ahluwalia alleged that they had been threatened or brought by the BJP. «They launched 'Operation Lotus'. The councillors who were protesting against them just three days ago, fighting for democracy, were either threatened or brought by the BJP and the same is going on inside the country,» Sunny Singh Ahluwalia said. The three Aam Aadmi Party Chandigarh councillors who joined BJP are Punam Devi, Neha Musawat, and Gurcharan Kala in the presence of party National General Secretary Vinod Tawde, in Delhi.

Post the fourth round of talks, the ball is now in the farmers’ court as the Centre proposed the government’s intention to purchase pulses, maize, and cotton crops from farmers at minimum support prices (MSP) for five years through contractual agreements. Following this development, the ‘Delhi Chalo’ march was put on hold but may resume on February 21 if issues are not resolved by Tuesday, as reported by PTI.

₹91,000 crore, while Maharashtra celebrates Chhatrapati Shivaji Jayanti. Meanwhile, legal eagles are on the lookout as the Supreme Court hears Sharad Pawar's plea on NCP leadership and Chandigarh Mayor Polls case unfolds. Investigations heat up with Arvind Kejriwal facing 6th ED summons in the Delhi liquor scam, and Mahua Moitra and Mukul Roy summoned in separate cases.

AAP, Cong ‘mutually agreed’ to go solo in Punjab says Arvind Kejriwal "Chandigarh councillors Punam Devi, Neha Musawat, and Gurcharan Kala have joined BJP today. They are unhappy with the behaviour of their party with them. BJP will respect them and they will help in the development of Chandigarh," Vinod Tawde told ANI.

Israel for carrying out genocide in Gaza and voiced support for South Africa's case against Israel at the UN's International Court of Justice. However, it was the first time he directly compared Israel's actions to the Holocaust. As per Israeli Prime Minister Benjamin Netanyahu, the remark “crossed a red line".

Vijay Kirloskar, the founding director and a large shareholder of Bengaluru-based engineering services company TD Power Systems (TDPS), has lodged a complaint with the stock exchanges, accusing the company of omitting and suppressing material facts in the financial results for the quarter ending December 2023. In a letter dated February 3, 2024, Vijay Kirloskar, who also serves as the chairman of Bengaluru-based Kirloskar Electric Company, urged the bourses to acknowledge that the company's disclosure on February 1, 2024, stating there is no action initiated by Kirloskar against TDPS is «entirely factually incorrect, a misstatement and a deliberate suppression of vital information» intended to mislead TDPS shareholders.

It was inevitable that Indians would make an ingenious contribution to corruption. It now appears that we did in 2017. A set of amendments had brought into life the electoral bond, a financial instrument unique to India.

₹135 crore were “made to influential persons, state government functionaries, government servants, media houses etc…" the person said, quoting from the order. The broad scope of the investigation has not previously been reported. P.

₹1,000, ₹10,000, ₹1 lakh, ₹10 lakh and ₹1 crore. The apex court directed that the issuing bank, State Bank of India (SBI), shall herewith stop the issuance of electoral bonds and submit complete details—name of the purchaser and the denomination of the electoral bond.

A former truck driver responsible for a fiery crash that killed four people on Highway 440 in Laval back in 2019 has been found guilty of criminal negligence causing death.A Quebec Superior Court judge said that 57-year-old Jagmeet Grewal demonstrated a clear pattern of disregard for the life and safety of others, and that he should have never even been at the wheel of a 53-foot-truck in the first place.Reading out her decision in front of Grewal, victims and their families, Judge Yanick Laramée said the driver was not paying attention at the wheel of his tractor trailer on the afternoon of Aug. 5, 2019.

launch a day and night mass protest in front of the houses of MPs, MLAs, Ministers, and district presidents of BJP for 3 days. The farmer's body said that the agitation will begin at 10:00 AM on 20th February and end at 5:00 PM on 22nd February.

Mint delves into the nuances of the Supreme Court's ruling, its impact on the political contributions of loss-making companies, and the broader ramifications on corporate-political party dynamics. While there is no clear legal definition, the determination of a loss-making company can be inferred from Schedule III of the Companies Act, 2013.

Supreme Court is scheduled to hear on Monday a plea by Sharad Pawar against the Election Commission’s decision to recognise the faction led by Ajit Pawar, Deputy Chief Minister of Maharastra, as the real Nationalist Congress Party (NCP). A bench of Justices Surya Kant, Dipankar Datta and KV Viswanathan is likely to hear the petition filed by the former cabinet minister plea on Monday i.e. February 19.