Justice Financial News

Supreme Court is scheduled to hear on Monday the bail plea of former Tamil Nadu minister V Senthil Balaji, who was arrested by the Enforcement Directorate last year in connection with a money laundering case. A bench of Justices Abhay S Oka and Augustine George Masih is scheduled to hear Balaji's plea challenging the February 28 order of the Madras High Court dismissing his second bail petition in the case. The high court, while dismissing the bail petition, said that if he is let out on bail in a case of this nature, it will send a wrong signal and it will be against larger public interest. It said the petitioner has suffered incarceration for more than eight months and therefore, it will be more appropriate to direct the special court to dispose of the case within a time frame.

Arjun Ram Meghwal has accused the opposition of creating confusion among people over the Supreme Court «observation» on creamy layer among SCs and STs, and asserted that the Constitution given by B R Ambedkar has no provision of a creamy layer. In an interview to PTI Videos, he said the the BJP-led NDA government will follow Ambedkar's Constitution and will continue the reservation system for Scheduled Castes and Scheduled Tribes as provided in it. Meghwal noted that though the opposition is aware that the top court had only made an «observation» on creamy layer, it is trying to create confusion among people. On Saturday, Congress president Mallikarjun Kharge had said that the idea of denying reservation to SCs and STs on account of the creamy layer concept is «condemnable»

Muhammad Yunus condemned recent attacks on minority communities in the country, calling them «heinous,» and called on the youth to protect Hindu, Christian, and Buddhist families. Speaking at Begum Rokeya University in Rangpur, Yunus urged students to ensure the safety of minorities and not let their efforts be undermined. These remarks come following the fall of Sheikh Hasina's government on August 5, which led to at least 205 incidents of attacks on minority communities across 52 districts, according to the Bangladesh Hindu Buddhist Christian Unity Council and the Bangladesh Puja Udjapan Parishad. Thousands of Bangladeshi Hindus are attempting to flee to neighboring India to escape the violence. Yunus, addressing students who are leading protests, assured them that many were watching their efforts and encouraged persistence in their cause. «There are many standing by to make your efforts futile. Don't fail this time,» Yunus stated during his speech.

Donald Trump concerning his alleged attempt to overturn the 2020 election has encountered a significant delay. U.S. District Judge Tanya Chutkan, overseeing the case, granted Special Counsel Jack Smith's request for additional time to propose the proceedings, making it highly unlikely that the trial will commence before the upcoming Election Day.

Royal Bank of Canada’s former chief financial officer is suing for wrongful dismissal, arguing the bank made a “devastating” error when it fired her over a personal relationship with a co-worker — and denying that the two were romantic partners.

Shiv Sena (UBT) MP Sanjay Raut on Saturday reacted to the Supreme Court's bail to Manish Sisodia in the money laundering case linked to Delhi's excise policy scam. Speaking to ANI, Raut said Manish Sisodia has got bail after 17 months. He further added that this showed how a person was put in jail by deceit and that his rights were violated. «He was granted bail after 17 months. How a person is put in jail by deceit, and is not even allowed any bail, his rights are violated. I have also felt the same pain. The government in this country has no proper law and order. Be it Sanjay Singh or Anil Deshmukh, there are a lot of people I have seen,» he said.

IndusInd International Holdings (IIHL), the winning bidder to take over Reliance Capital Ltd has transferred Rs 2,750 crore to a designated escrow amount in line with the National Company Law Tribunal (NCLT) directions, one person with the direct knowledge of the transfer said. «The money was received on Saturday morning which is what the court had directed. IIHL has also given a binding term sheet by banks which has details of the loans they will raise to finnance the transaction,» this person said. On Thursday a NCLT bench, comprising Justices Virendrasingh G Bisht and Prabhat Kumar, directed IIHL to implement the resolution plan by August 10 and deposit the equity component of Rs 2,750 crore in an escrow account designated by the committee of creditors (CoC).

creamy layer in the reservation for SCs and STs in the Constitution given by B R Ambedkar. The Union Cabinet, at a meeting chaired by Prime Minister Narendra Modi, held a detailed discussion on the Supreme Court judgement on the sub-categorisation of reservation for SCs and STs as granted in the Constitution. «It is the well thought view of the Union Cabinet that the NDA government is firmly committed to the provisions in the Constitution given by Dr Babasaheb Ambedkar,» Information and Broadcasting Minister Ashwini Vaishnaw told reporters here. He said there was a detailed discussion in the Union Cabinet meeting on a recent Supreme Court judgement that made certain suggestions on the reservation for the Scheduled Castes (SC) and Scheduled Tribes (ST).

Manish Sisodia walked out of Tihar Jail on Friday evening, after 17 months of imprisonment. The Supreme Court granted him bail in the CBI as well as the ED cases against him in the now-scrapped Delhi liquor policy case earlier on Friday. «Bharat mata ji jai! Inquilab Zindabad!» said the former deputy chief minister upon his release. «I got bail from the power of the Constitution...Kejriwal will also come out soon. Our fight is against dictatorship,» he added. «Ever since this order came in the morning, every inch of my skin has been feeling indebted to Babasaheb. I don't understand how will pay off this debt to Babasaheb,» he further said in his release speech.

life and liberty which is one of the most sacrosanct rights guaranteed by the Constitution, the Supreme Court said on Friday. The apex court rejected the preliminary objection raised by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) that AAP leader Manish Sisodia cannot be permitted to file second set of special leave petitions to challenge the Delhi High Court's May 21 verdict which denied him bail in the excise policy cases. While granting bail to Sisodia in the corruption and money laundering cases linked to the alleged Delhi excise policy scam, the top court noted the counsel appearing for probe agencies had argued that he should be relegated to approach the trial court afresh for seeking relief. A bench of Justices B R Gavai and K V Viswanathan referred to the apex court's June 4 order which had disposed of Sisodia's plea challenging the high court verdict. The top court had then said that Sisodia can revive his bail petitions after the ED and CBI file their final prosecution complaint and charge sheet respectively.

Delhi excise policy case, Aam Aadmi Party (AAP) leader Manish Sisodia has been granted bail by the Supreme Court. Sisodia, former deputy CM of Delhi, was arrested by the ED in the money laundering case stemming from the CBI FIR on March 9, 2023. The senior AAP leader resigned from the Delhi cabinet on February 28, 2023.

NEET PG Hearing 2024 Live Updates: The Supreme Court will hear on Friday a plea seeking postponement of the NEET-PG examination, scheduled for August 11, which claimed that candidates have been allocated cities that are highly inconvenient to reach. A bench comprising Chief Justice of India (CJI) D Y Chandrachud and Justices J B Pardiwala and Manoj Misra on Thursday took note of lawyer Anas Tanwir's submissions on the issue.The plea said many candidates have been allocated cities which are highly inconvenient for them to reach.

Liberty Media, owner of Formula One Group, is confirming that it is under investigation by the Justice Department for denying Andretti Global entry into the Formula 1 World Championship

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

Kerala High Court on Thursday registered a case on its own over the massive landslides that ravaged the Mundakkai and Chooralmala areas of Wayanad on July 30, which has claimed the lives of at least 226 persons and displaced thousands of people. A bench of justices A K Jayasankaran Nambiar and V M Syam Kumar directed the court's registrar general to register a case based on media reports.

Supreme Court on Thursday said it has listed for hearing on August 9 a plea challenging the verdict of the Bombay High Court which had upheld a decision of a Mumbai college to impose a ban on wearing of 'hijab', 'burqa' and 'naqab' inside the campus. A bench comprising Chief Justice D Y Chandrachud and justices JB Pardiwala and Manoj Misra took note of the submissions of a lawyer that the term exam is commencing from today and the students, belonging from a minority community, are bound to face difficulties due the instructions on dress code. Lawyer Abiha Zaidi, appearing for petitioners, including Zainab Abdul Qayyum, sought urgent hearing saying the unit tests in the college are commencing. «It is coming up tomorrow (Friday). I have listed it already,» the CJI said.

The British government has called on Elon Musk to act responsibly after the tech billionaire used his social media platform X to unleash a barrage of posts that risk inflaming the violent unrest gripping the country

A federal judge has branded Google as a ruthless monopolist bent on suffocating it competitors

United Nations court on Wednesday to join South Africa's genocide lawsuit against Israel, a Turkish official said. The declaration of intervention will be submitted at the International Court of Justice in The Hague, the official said on condition of anonymity in accordance with regulations. Turkiye, one of the fiercest critics of Israel's actions in Gaza, will become the latest nation to seek to participate in the case. Turkish President Recep Tayyip Erdogan has frequently compared Israeli Prime Minister Benjamin Netanyahu to Adolf Hitler, accused his country of genocide, called for it to be punished in international courts and criticised Western nations for backing Israel.

With countries around the world trying to rein in Big Tech, the latest antitrust ruling in the US against Google marks a big victory for regulators—the last big one having come when the US Justice Department took Microsoft to court in 1998. On Monday, US District Judge Amit Mehta ruled that Google had violated antitrust laws through an illegal monopoly in the search engine market.

U.S. District Judge Amit Mehta in Washington, D.C., lambasted Google for allegedly failing to preserve internal chats and abusing protections for legal communications, but he declined to formally sanction the company. The U.S. Justice Department had asked Mehta to punish Google for what the government called its «systematic destruction» of employee messages and «flagrant misuse» of the attorney-client privilege that shields communications with lawyers.