Justice Financial News

US House and subsequently at the Senate.

Hapur mob lynching case wherein 45-year-old Qasim was lynched by a group on the «rumour» of cow slaughter while 65- year-old Samiuddin was brutally assaulted. The Court of Additional Sessions Judge Hapur convicted the ten accused under sections 302/149, 307/149, 147, 148 and 153A of the Indian Penal Code. They were sentenced to life imprisonment with a fine of ₹58,000 each. Notably, the families of the victims had not sought a death sentence for the convicts and said that they did not have any enmity against the accused and only wanted justice.

Housing and Urban Development Deputy Secretary Adrianne Todman will serve as acting secretary when Marcia Fudge's resignation takes effect March 22

The National Small Business Association has won a court challenge against the Corporate Transparency Act, a law designed to combat money laundering

West Virginia Gov. Jim Justice was recently back in the spotlight

The state of Florida and the Seminole Tribe of Florida are raking in millions of dollars from online sports betting, thanks to a compact that gave the tribe exclusive rights to run sports wagers and casino gambling on its reservations

Stocks that traded heavily or had substantial price changes on Monday: Boeing, EQT fall; Choice Hotels, MicroStrategy rise

The Supreme Court on Monday pulled up State Bank of India (SBI) for its delay in disclosing details related to electoral bonds. While rejecting SBI’s application for time until 30 June to submit the information, the apex court directed the bank to do it by Tuesday and have the data published on its website by Friday.

US House to vote on bill giving ByteDance 165 days to divest TikTok or face ban The U.S. House of Representatives is set to vote on Wednesday under fast-track rules that require two-thirds of members to vote "yes" for the measure to win passage. TikTok told Congress late Monday in a letter seen by Reuters it is "not owned or controlled by the Chinese government" and argued if the company was sold another buyer would not continue TikTok's $1.5 billion effort to protect U.S.

A South Korean law firm operator was jailed in Busan on March 11 after being found guilty of stealing clients’ money to spend on crypto investments.

By David Shepardson

Quiver Quantitative — Wall Street's main indexes faced a cautious retreat on Monday as investors braced for the upcoming inflation data, seeking insights into the Federal Reserve's monetary policy trajectory. This mood of anticipation follows a mixed jobs report last week that sparked debate over the Fed's interest rate strategy. While the S&P 500 (GS) and Nasdaq stepped back from their recent highs, partly due to declines in the technology sector, particularly chip stocks, the labor market data fueled speculation about potential interest rate cuts. The focus is now shifting to the Consumer Price Index (CPI) data, which will offer further clarity on inflation trends and potentially influence the Fed's decisions on borrowing costs.

Supreme Court said on Monday it would hear in May the plea filed by Trinamool Congress leader Mahua Moitra challenging her expulsion from the Lok Sabha. Her plea came up for hearing before a bench of Justices Sanjiv Khanna and Dipankar Datta. The counsel appearing for Moitra said they don't intend to file a rejoinder to the counter affidavit submitted by the secretary general of the Lok Sabha in the matter. «List on a non-miscellaneous day in the week commencing May 6. The counsel for the petitioner (Moitra) states that they do not intend to file a rejoinder,» the bench said.

Supreme Court on Monday asked Delhi Chief Minister Arvind Kejriwal, who has challenged a Delhi High Court order upholding the summons issued to him as an accused in a criminal defamation case, whether he wanted to give an apology to the complainant in the matter. On February 26, Kejriwal told the apex court that he made a mistake by retweeting an allegedly defamatory video circulated by YouTuber Dhruv Rathee related to the BJP IT Cell. During the hearing on Monday, a bench of justices Sanjiv Khanna and Dipankar Datta was told by the counsel appearing for complainant Vikas Sankrityayan that Kejriwal may issue an apology on public platforms like microblogging platform 'X' or Instagram. «You tell us what you want. We can put it to the other side. We are not going to step into your shoes or the other side's shoes,» the bench told the counsel.

Madras High Court ruling as «atrocious,» the Supreme Court has agreed to examine a plea challenging the judgment related to watch and downloading child pornographic content privately. The Madras High Court had asserted that simply downloading and watching child pornography does not constitute an offense under the Protection of Children from Sexual Offences (POCSO) Act and the Information Technology law. The High Court's decision, which was delivered on January 11, garnered widespread attention as it quashed criminal proceedings against a 28-year-old individual accused of downloading pornographic material involving children on his mobile phone. According to the High Court, the existing laws do not consider mere viewing of child pornography as an offense under the Information Technology Act, 2000. Expressing concern over the prevalence of pornography consumption among today's youth, the High Court suggested a more nuanced approach to address the issue. It emphasized the importance of education and counseling rather than punitive measures. The ruling highlighted the necessity of guiding and advising young individuals who may be grappling with the consequences of exposure to adult content.

Supreme Court on Monday rejected a Maharashtra government application seeking a stay on the acquittal of former Delhi University professor G N Saibaba and others in the Maoist links case, and said the Bombay High Court order clearing them of the charges is «prima facie well-reasoned». A bench of justices B R Gavai and Sandeep Mehta, however, admitted the state government's appeal against the March 5 order of the high court. The bench also rejected the oral request of Additional Solicitor General S V Raju, appearing for the Maharashtra government, for early listing of the appeal and said it will come up for hearing in due course of time. «There cannot be any urgency to reverse order acquittal. Had it been the other way around, we would have considered,» the bench told Raju and asked him to file for expeditious hearing at a later stage.

HC order directing a CBI probe in the Sandeshkhali matter pertaining to the attack on ED officials. However, the Supreme Court expunged remarks made by the High Court against state police and government. In an order passed on March 5, the Calcutta High Court had ordered an independent CBI probe and directed the West Bengal Police to hand over the accused mastermind behind the attack, Sheikh Shahjahan, from the custody of the CID to the CBI on the same day.

Congress party leader KC Venugopal on Monday lauded the Supreme Court's order dismissing SBI's plea seeking extension till June 30, 2024, to furnish details regarding electoral bonds. In a post on X (formerly Twitter), he wrote, «The Supreme Court has once again come to protect Indian democracy from the devious machinations of this regime. It was laughable for the SBI to seek an extension on a simple 1 day job. The fact is that the government is scared of all their skeletons tumbling out of the closet. This mega corruption scandal, as certified by the Supreme Court, will expose the unholy nexus between the BJP and its corrupt corporate masters.» The post was also shared by senior Congress leader Jairam Ramesh.

Delhi High Court challenging the Income Tax Appellate Tribunal's order of dismissing its plea seeking stay on the recovery of outstanding tax for the assessment year 2018-19, Live Law reported. The matter was mentioned before a bench of Acting Chief Justice Manmohan and Justice Tushar Rao Gedela. The Court allowed the listing of the matter on Monday only.

Bar & Bench reported on March 11. The plea cites Section 7 and 8 of the Chief Election Commissioner and other Election Commissioners (Appointment Conditions of Service and terms of office Act 2023, with the plea, the report said. The plea also seeks direction to appoint member of election commission as per Arup Baranwal judgment.

Will SC relax deadline for SBI today? Check out latest updates on the apex court's hearing on electoral bonds here:Harish Salve told SC bech, “I have full details of who purchased the bond. That is in one silo.