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  1. Business News
  2. Authors
  3. indu bhan

Indu Bhan

Stating that the SC has the exclusive jurisdiction to appoint the nominee arbitrator on behalf of GVK and MIAL, the South African investor submitted that the dispute being raised by GVK can only be adjudicated by an arbitral tribunal setup under SIAC rules seated in Singapore.
Supreme Court notice to GVK, MIAL on ACSA’s plea for appointment of arbitrator

It also wants the apex court to set aside the appointment of the arbitrator by MIAL, which is led by…

By Indu Bhan
July 11, 2020 02:01 IST
BS4 vehicle sales: SC recalls order after dealers sold more than permitted limit

A lot of dealers and customers may get affected by the Supreme Court’s order recall. The reason being, due to…

By Indu Bhan
July 9, 2020 10:19 IST
Bharti had moved the HC seeking refund of excess tax of Rs 923 crore.
I-T dept moves Supreme Court in Bharti Airtel GST refund case

“As a consequence, the deficiency in reporting the eligible ITC in the months of July-September 2017 in the form GSTR-3B…

By Indu Bhan
July 9, 2020 03:35 IST
Purchase tax is to be levied on glass bottles, says Supreme Court

A Bench led by justices AM Khanwilkar and Dinesh Maheshwari, in a batch of cross-appeals led by Commercial Tax Officer…

By Indu Bhan
July 1, 2020 08:43 IST
Frankin had filed a plea seeking transfer of all the petitions to one of the high courts hearing the case so as to avoid multiplicity of proceedings and divergent verdicts.
Supreme Court refuses to allow Franklin to hold e-voting, unit holders’ meet

Even the Sebi’s plea on interpretation of winding up rules, pending before the Gujarat HC, will now be heard by…

By Indu Bhan
June 20, 2020 00:15 IST
A bench led by Justice SA Nazeer sought response from Vedanta on an appeal by the ministry of petroleum & natural gas against a foreign arbitration award that allowed Vedanta and Videocon Industries to recover $499 million for the development of the oil and gas fields.
Ravva oil & gas fields: SC seeks response from Vedanta; asks parties to maintain status quo

While asking the ministry and Vedanta to “maintain status quo existing as on today,” it posted the matter for further…

By Indu Bhan
June 18, 2020 00:10 IST
A bench led by Chief Justice SA Bobde continued the HC’s interim order that had stayed the criminal prosecution proceedings initiated against the firms and other accused for eight weeks.
In relief to BSR and Deloitte, Supreme Court refuses to stay Bombay HC judgment

While seeking response from the two auditing firms, the top court clarified, “this order shall not affect any orders granting…

By Indu Bhan
June 17, 2020 01:20 IST
It further said that any such waiver can be granted by the government out of the exchequer and the same cannot be given by the banks where credit is created out of depositors’ funds.
Interest waiver: SBI, IBA tell SC move may hit credit flows

Court relents, says its concern is only over ‘interest on interest’

By Indu Bhan
June 13, 2020 03:00 IST
Full wages during Covid-19 lockdown: Firms which didn’t pay get SC relief

The MHA notification which ordered mandatory payment of full wages to workers during the lockdown stood withdrawn from May 18.

By Indu Bhan
June 13, 2020 02:30 IST
The bench also warned of action against the DoT official responsible for issuing demand notices to the PSUs.
AGR Dues: Non-telecom PSUs sail through but telcos’ fate remains unclear

SC pulls up DoT for raising Rs 4-lakh-crore demand on PSUs; wants telcos to furnish guarantees to avail deferred payment

By Indu Bhan
June 12, 2020 00:01 IST
Loan moratorium: Forcing banks’ hands to be ruinous, Sebi tells SC

Terming the Credai’s petition as “frivolous, misconceived, non-maintainable” and liable to be dismissed, Sebi said the petition “appears to be…

By Indu Bhan
June 11, 2020 02:30 IST
Amrapali case, supreme court, NBCC, Greater Noida Authorities, noida, latest news on amrapli case
Amrapali case: Supreme Court asks banks to recast loans, release funds

Keeping in view the interest of home buyers, a Bench led by Justice Arun Mishra asked the banks to release…

By Indu Bhan
June 11, 2020 01:15 IST
Oil & gas field development: Govt moves SC against allowing of higher recovery to Vedanta

The dispute arises out of the production sharing contract between Cairn India and the government over exploration of the Ravva…

By Indu Bhan
June 9, 2020 07:35 IST
Franklin Templeton MF, Vodafone Idea
Investors move SC, seek probe into siphoning of funds by Franklin Templeton

They also want a stay on the e- voting process initiated by the fund manager from June 9, besides court-monitored…

By Indu Bhan
June 9, 2020 03:00 IST
No forced interest waiver on loan moratorium: RBI to SC

The fact that the waiver of interest is having far-reaching effect on the economy cannot be ignored and the larger…

By Indu Bhan
June 4, 2020 04:30 IST
Tata vs Mistry: SC to hear Cyrus Mistry’s plea for Tata Sons board seat

Mistry wants the SP group firms – Cyrus Investment Pvt Ltd and Sterling Investment Corporation – should be given proportionate…

By Indu Bhan
May 30, 2020 02:00 IST
Daiichi Sankyo case: Singapore’s SC dismisses Singh brothers’ plea

In a big setback to former Ranbaxy promoters Malvinder Singh and Shivinder Singh, the Supreme Court of Singapore has dismissed…

By Indu Bhan
May 30, 2020 01:30 IST
Seeking a ban on WhatsApp Pay, senior counsel Krishnan Venugopal, appearing for GGC, argued that the instant messaging app should be punished for “breaches and non-compliance”.
WhatsApp’s payments system: Supreme Court seeks replies from finance ministry, NPCI, RBI

The Facebook-owned messaging application is reportedly launching its payments option in partnership with three private banks in India soon.

By Indu Bhan
May 14, 2020 00:01 IST
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