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  1. Business News
  2. Authors
  3. indu bhan

Indu Bhan

SC stays NGT order stalling Vedanta’s mining ops at Goa plant

In a relief to Vedanta, the Supreme Court on Monday stayed the National Green Tribunal’s (NGT) last month’s order that…

By Indu Bhan
April 13, 2021 01:45 IST
India doesn't have it. So, one just has to find them outside and get them airlifted.
Tatas win case against Cyrus Mistry

“A person who tries to set his own house on fire for not getting what he perceives as legitimately due…

By Indu Bhan
March 27, 2021 04:30 IST
Ratan Tata, Cyrus Mistry
Tata Group wins, Cyrus Mistry’s appeal dismissed; Supreme Court sets aside NCLAT order

The Supreme Court today ruled in favour of Tata Sons and Ratan Tata, by upholding the ouster of Cyrus Mistry…

By Kshitij Bhargava
Updated: March 26, 2021 16:31 IST
"There is almost a national emergency and you (Tamil Nadu) don''t put spokes in the solution. We will hear it (plea of Vedanta) tomorrow," the bench said in the hearing conducted through video conferencing.
Further Delay: Supreme Court rejects NBCC’s resolution plan for JIL

Asks RP to invite fresh bids & complete insolvency process within 45 days

By Indu Bhan
March 25, 2021 05:00 IST
Apart from making efforts to meet the requirements of India, the vaccine major is also trying its best to balance the needs of the rest of the world, he had said.
Serum, Bharat Biotech urge Supreme Court to restrain High Courts from entertaining Covid-19 vaccine pleas

A bench led by Chief Justice SA Bobde posted the transfer pleas for hearing on Thursday along with another PIL…

By Indu Bhan
March 16, 2021 05:15 IST
The NCLT, in May 2018, permitted the former promoter to convene meetings between shareholders and creditors on the grounds that IBC’s larger objective was to keep the companies as going concerns.
Ex-promoters can’t suggest revival scheme under Companies Act: Supreme Court

A bench led by Justice DY Chandrachud upheld the National Company Law Appellate Tribunal’s view that Section 29A of the…

By Indu Bhan
March 16, 2021 05:00 IST
After the SC ruling, such software firms have now been exempted from deducting TDS for purchase of software from foreign software suppliers.
SC ruling: Payments to non-resident firms for software not taxable as royalty

This means tax liability of foreign software seller without a permanent establishment in India would reduce to the 2% equalisation…

By Indu Bhan
March 3, 2021 04:30 IST
A bench comprising justices UU Lalit and KM Joseph asked FHL to file a “comprehensive affidavit” explaining “all the steps since when the idea of bringing in the Malaysian entity germinated and when all the formalities of the deal were completed".
SC asks Fortis to furnish by March 1 all details of stake sale deal to IHH

“How this divergence happened? Does your contractual obligation take priority over the SC order,” Justice Lalit asked.

By Indu Bhan
February 25, 2021 04:00 IST
SC drops contempt case against DVI, but says it can’t raise force majeure clause

The apex court also rejected DVI’s application for rectification, terming it to be “an attempt to renege from the resolution…

By Indu Bhan
February 24, 2021 03:01 IST
Thursday's order of the SC comes after it had asked the lenders on February 11 to explain their role in the transfer of Fortis Healthcare's shares to IHH Healthcare Berhad despite the Delhi High Court’s and its directions barring any such transfer.
Daiichi arbitration: Fortis stake sale to IHH Healthcare comes under cloud

SC directs lenders to place on record all details of loans, securities extended to former promoters and share sale

By Indu Bhan
February 19, 2021 05:45 IST
An “overwhelming majority” of unitholders had voted in favour of the winding up of the schemes which were wound up by FT on April 23, citing difficulties in the bond market conditions following the pandemic.
Franklin schemes: E-voting process gets nod from SC

The issue with regard to interpretation of the Sebi regulations governing winding up is yet to be examined. The Karnataka…

By Indu Bhan
February 13, 2021 05:50 IST
The apex court had on February 2 entrusted the SBI Mutual Funds to carry out the disbursement of money to 3 lakh investors of the six debt MFs in “proportion to their respective interest in the assets of the scheme” within 20 days.
SBI Funds to distribute Franklin Templeton’s Rs 9,122 crore to investors: Supreme Court

It also approved the distribution plan submitted by the SBI asset management company and allowed it to become a party…

By Indu Bhan
February 10, 2021 03:30 IST
Following the order, Future Retail had last week moved the division bench challenging it.
Blow to Amazon: Delhi High Court allows Future Group to go ahead with RIL deal

The division bench also rejected the request of the counsel of the party opposing the deal, Amazon, to keep the…

By Indu Bhan
February 9, 2021 04:45 IST
The apex court had on February 2 entrusted the SBI Mutual Funds to carry out the disbursement of money to 3 lakh investors of the six debt MFs in “proportion to their respective interest in the assets of the scheme” within 20 days.
SBI Funds seeks SC nod to distribute Franklin’s Rs 9,122 crore to unitholders

An “overwhelming majority” of unitholders had voted in favour of the move in December. Around 3 lakh investors were affected…

By Indu Bhan
February 9, 2021 03:50 IST
However, senior counsel Rajiv Nayar, appearing for Amazon, opposed the mentioning, saying the HC's procedure ought to be followed.
Future Retail moves HC against order to maintain status quo on deal with Reliance

A bench comprising Chief Justice DN Patel and Justice Jyoti Singh agreed to hear the appeal on Thursday. It rejected…

By Indu Bhan
February 4, 2021 06:15 IST
franklin templeton mutual funds scheme
SC orders disbursement of Rs 9,122 crore to investors of 6 Franklin MF schemes

Franklin Templeton Mutual Fund has challenged the HC’s order that asked the fund house to obtain the consent of the…

By Indu Bhan
February 3, 2021 08:17 IST
The Singapore arbitration was an attempt to resolve dispute via talks, senior counsel Gopal Subramanium and Amit Mishra argued on behalf of Amazon.
HC directs Future Retail to maintain status quo on deal with Reliance

The court said the EA’s order is enforceable in the same manner as that of an arbitrator’s order. It said…

By Indu Bhan
February 3, 2021 01:45 IST
Last year, the SC had refused to vacate the stay on the arbitration proceedings initiated by him in Singapore.
Property dispute: Serve power of attorney to kin, Supreme Court tells Lalit Modi

Modi had invoked emergency measures under ICC Rules in February last year before the International Court of Arbitration of the…

By Indu Bhan
January 26, 2021 07:00 IST
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