Courts Financial News

Supreme Court has said. The observations came from a bench of Justices Vikram Nath and P B Varale while delivering a verdict on an appeal challenging a Gujarat High Court order refusing to discharge a woman's husband and her in-laws for allegedly harassing her and driving her to suicide. The observations in the judgement gain significance in the wake of the recent suicidal death case of 34-year-old techie Atul Subhash. He alleged harassment at the hands of his estranged wife and her family. A case of abetment of suicide was registered against his wife Nikita Singhania, her mother Nisha, father Anurag and uncle Sushil.

Bombay High Court has held that not letting a child meet her mother amounts to 'cruelty' under the Indian Penal Code, and refused to quash a First Information Report registered against the in-laws of a Jalna-based woman. A bench of Justices Vibha Kankanwadi and Rohit Joshi at Aurangabad noted in its order of December 11 that the woman's daughter, only four years old, is being kept away from her despite a lower court's order. «Keeping a young child of four years away from her mother also amounts to mental harassment, amounting to cruelty in as much as it would certainly cause grave injury to the mental health of the mother,» the HC said. Such behaviour by in-laws amounts to 'cruelty' as defined under section 498-A of the IPC, the court added. «The mental harassment is continuing from day to day till date. It is a continuing wrong,» the bench observed. It would not quash the FIR as this was not a fit case for the court to interfere, it added. The woman's father-in-law, mother-in-law and sister-in-law had sought quashing of the 2022 FIR registered against them in Jalna district of Maharashtra for alleged cruelty, harassment and criminal intimidation.

NBCC has been appointed as a project management consultant to complete Supertech Ltd's 16 real estate projects at a cost of nearly Rs 9,500 crore, a move that will provide relief to thousands of homebuyers. In a regulatory filing on Thursday, the company informed that the National Company Law Appellate Tribunal (NCLAT), vide its order dated December 12, 2024, has «appointed NBCC (India) Limited as Project Management Consultant for the completion of 16 projects of Supertech Ltd». NBCC will complete 16 projects, comprising 49,748 houses in Uttar Pradesh, Uttarakhand, Haryana and Karnakata. «The tentative construction cost of the project is approx Rs 9,445 crore, including 3 per cent contingency. The consultancy fee has been fixed as 8 per cent, including 1 per cent marketing fee,» NBCC said.

Vrinda Grover will no longer be representing the R G Kar Medical College rape-murder victim's family, sources said on Thursday. They said that the concerned trial court, before which the trial in the rape-murder case is being held, has been informed accordingly and that the counsels stand discharged from the matter. The sources said that at this stage, on account of «certain intervening factors and circumstances», senior advocate Vrinda Grover is constrained to withdraw from the case proceedings in this matter and will no longer be representing the victim's family. The chamber of advocate Grover, including advocates Soutik Banerjee and Arjun Gooptu, were requested by the victim's parents to provide legal representation before the Supreme Court, Calcutta High Court and the Sealdah sessions court and ACJM court, they said.

Supreme Court ruling that sought to address an issue that has been lingering for 35-years is now threatening to cripple India’s mining sector. According to the judgement, states now have the right to tax mineral lands and tax mining companies retrospectively. Stakeholders say this will put a heavy financial burden on the industry, affecting investment plans and overall economic stability of the segment. How the case started and progressed The issue has its roots in the Mines and Minerals (Development and Regulation) Act, 1957, which gave the Union government the power to regulate mines and minerals and the power to collect royalties from mining leaseholders. In 1963, the Tamil Nadu government gave a mining lease to India Cements. Later, it imposed a cess on the royalty, which the company challenged in the high court later in the Supreme Court. In 1989, a seven-judge bench of the apex court ruled in favour of India Cements. “… we are of the opinion that royalty is a tax, and as such a cess on royalty being a tax on royalty, is beyond the competence of the State Legislature…,” said the verdict.

Atul Subhash, a 34-year-old techie from Bengaluru, took his life, leaving behind an 80-minute video and a 24-page note that have since gone viral. Subhash alleged harassment by his wife, her family, and a judge in Uttar Pradesh. He expressed frustration with the system, claiming his earnings were being exploited to fund legal action against him. In his video, Subhash said, “The money I earn is making my enemies stronger. With money from my taxes, this court and police system will harass me.” He left a placard near his body with the message, “Justice is due,” symbolising his belief that his grievances had gone unheard. In his note, Subhash also requested that his wife and her family be excluded from his final rites, further emphasising the depth of his pain and anger.

TikTok and ByteDance on Monday filed the emergency motion with the U.S. Court of Appeals for the District of Columbia pending a review by the US Supreme Court. They warned that without court action the law will «shut down TikTok — one of the nation's most popular speech platforms — for its more than 170 million domestic monthly users.» The Justice Department said the court should not delay the law's effective date arguing «continued Chinese control of the TikTok application poses a continuing threat to national security.»

Supreme Court is set to hear a series of Public Interest Litigations (PILs) today, challenging the validity of specific sections of the Places of Worship (Special Provisions) Act, 1991. This law prohibits filing lawsuits to reclaim or alter the character of places of worship as they stood on August 15, 1947. The matter will be taken up by a three-judge bench comprising Chief Justice Sanjiv Khanna and Justices Sanjay Kumar and K V Viswanathan.

The justices, who heard arguments on November 13 after earlier deciding to take up the case, dismissed Nvidia's appeal of a lower court's ruling that allowed a 2018 class action — litigation led by the Stockholm, Sweden-based investment management firm E. Ohman J:or Fonder AB — to move forward. The Supreme Court opted not resolve the underlying legal dispute, determining that the case should not have been granted. Its action leaves the lower court's decision in place.

alimony in divorce cases. In a landmark decision, a bench of Justices Vikram Nath and Prasanna V. Varale laid down eight criteria to serve as a reference point. The court highlighted that the framework should ensure fairness, stating, “It is necessary to ensure that the amount of permanent alimony should not penalise the husband but should aim at ensuring a decent standard of living for the wife.”

Arizona Attorney General Kris Mayes says she is suing a Saudi Arabian agribusiness over what she calls “excessive pumping” of groundwater

A southeast Louisiana official allegedly committed perjury by failing to disclose information related to a controversial grain terminal, according to a motion filed as part of a federal lawsuit brought by a prominent local climate activist

A former TD Bank employee in the U.S. is facing criminal charges for allegedly using their position at the financial institution to facilitate money laundering — the second time this year a former worker has been charged.

Luigi Nicholas Mangione, suspect in the killing of UnitedHealthcare CEOBrian Thompson, contested his extradition to New York at a court hearing Tuesday, though it isn’t expected to delay legal proceedings significantly

The Supreme Court is allowing a class-action lawsuit that accuses Nvidia of misleading investors about its past dependence on selling computer chips for the mining of volatile cryptocurrency to proceed

A federal judge in Texas has rejected the auction sale of Alex Jones’ Infowars to The Onion satirical news outlet

TikTok has challenged a Canadian government order to shut down the Chinese video-sharing app’s business operations in the country that was imposed over national security concerns

The Ohio Supreme Court has ruled that Ohio's product liability law prohibits counties from bringing public-nuisance claims against national pharmaceutical chains as they did as part of national opioid litigation

Kroger and Albertsons’ plan for the largest U.S. supermarket merger in history has crumbled

The U.S. Department of Justice has arrested and charged another former Toronto-Dominion Bank employee with conspiracy to launder money, the latest in a string of charges tied to the lender’s massive compliance failures at its American retail business.