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  1. Business News
  2. Authors
  3. indu bhan

Indu Bhan

HDFC Bank
Sebi, NSE move SC against SAT relief to HDFC Bank

A Bench led by Justice SA Nazeer will hear the matter on Monday.

By Indu Bhan
May 9, 2022 00:15 IST
supreme court
Supreme Court allows Jayaswal Neco to withdraw case against RBI

The apex court noted that out of 11 lenders, who assigned the debts to ACRE, nine lenders were PSU lenders…

By Indu Bhan
May 8, 2022 08:01 IST
JAMEWA told a bench led by Justice AM Khanwilkar that the approval granted to sale of office premises, which was valued at Rs 490 crore, to settle dues of financial creditors during CIRP period was in breach of the moratorium imposed under Section 14 of the IBC.
Supreme Court rejects Jet staff plea against sale of Bandra premises; Rs 360 crore proceeds to go to HDFC

The lender had claimed that a portion of the office mortgaged to it should not be among the assets being…

By Indu Bhan
May 7, 2022 02:30 IST
supreme court
HDFC Ventures vs Urban Infra: SC seeks responses

The Supreme Court has sought response from Anand Jain-led Urban Infrastructure Trustees Ltd (UITL), Chennai-based Ozone Projects and its two…

By Indu Bhan
May 6, 2022 08:16 IST
A bench led by Chief Justice NV Ramana, while asking Sebi to file its reply to RIL’s appeal observed that it will not “force” the market regulator to share the “confidential” documents.
Share acquisition case: Won’t force Sebi to give documents to Reliance Industries, says Supreme Court

RIL believes that these documents would negate the allegations of wrongdoing in the acquisition of shares and this would have…

By Indu Bhan
May 6, 2022 03:15 IST
The case is listed for further hearing on Friday, when the government will clarify its stand.
Supreme Court hints at staying all money-laundering cases till tribunal vacancies filled

A Bench led by Justice Sanjay K Kaul while hearing an appeal by PC Financial Services, a non-banking financial company,…

By Indu Bhan
May 6, 2022 02:45 IST
The SC order would mean that the the change in law can’t be an alibi for taxpayers to escape the proceedings initiated via the notices. The rare step taken by the apex court invoking the Constitution will help clear the backlog of over 9,000 appeals filed by the finance ministry in this connection. The apex court ruled that its order shall also govern the relevant pending cases before various HCs.
Tax reassessment: Supreme Court sets aside HC orders, revives show-cause notices

The SC order would mean that the the change in law can’t be an alibi for taxpayers to escape the…

By Indu Bhan
May 5, 2022 03:30 IST
No individual can be forced to undergo vaccination, says SC

The government, the apex court noted, is entitled to regulate public health concerns by imposing certain limitations on individual rights,…

By Indu Bhan
May 3, 2022 08:15 IST
It also asked the government how the coal requirements of Vedanta, Hindalco and others can be met.
Orissa High Court asks Centre to set up panel to look into coal shortage

The judges then asked the government to respond to the petitions filed by Vedanta, Hindalco and others on May 5…

By Indu Bhan
May 3, 2022 03:10 IST
NHAI ROAD
SC asks NHAI to pay farmers higher land compensation

The direction to pay compensation at commercial rates was given by the district judge and was subsequently upheld by the…

By Indu Bhan
May 2, 2022 04:01 IST
Legaltech
The Legaltech Wave: Tech adoption fast in large firms, others wait and watch

This is the second of a two-part series on how India’s legal firms have embraced high-tech

By Indu Bhan
April 30, 2022 02:45 IST
Supreme Court allows ONGC plea, makes Jindal Drilling and Industries party to arbitration with Discovery Enterprises

The judgment came on ONGC’s appeal against dismissal of its plea by the HC in June 2021 under Section 37…

By Indu Bhan
April 29, 2022 01:10 IST
legal tech
The Legaltech Wave: India’s lawyers walk the e-talk

In August 2020, a Forrester report had said 47% of Indian companies had their revenues at risk due to a…

By Indu Bhan
April 28, 2022 05:45 IST
While the CJI told the central bank counsel that it intended to transfer all the petitions to the Bombay High court, where the RBI headquarters is also located, the counsel insisted that the case should be heard by the apex court itself.
Challenge to RBI regulation of cooperatives: Supreme Court refuses to stay proceedings in high courts

A Bench led by Chief Justice NV Ramana while seeking a response from all the petitioners refused to stay the…

By Indu Bhan
Updated: April 26, 2022 21:22 IST
While furnishing its financial details, DVC had requested the HC to allow it to deposit 50% of Rs 898 crore ie, Rs 449 crore -- `337 crore by way of bank guarantee and Rs 112 crore by way of cash deposit.
In relief for Reliance Infra, Supreme Court dismisses Damodar Valley Corporation’s appeal against HC order

Both Reliance Infrastructure and DVC had filed cross-appeals against the Calcutta High Court order.

By Indu Bhan
April 26, 2022 04:15 IST
However, the Bench refused to grant any relief and dismissed Bajaj’s appeal.
Supreme Court dismisses Bajaj Hindusthan’s appeal for waiver of 15% interest on delayed dues to sugarcane farmers

Bajaj Hindusthan Sugar, the largest defaulter among mills, runs 14 sugar mills in the state, but the case related to…

By Indu Bhan
April 26, 2022 00:45 IST
Changing its earlier stance. the Union ministries of steel has recently supported the miners’ case for lifting of ban on export of iron ore extracted from the Karnataka's three districts – Bellary, Chitradurga and Tumkar.
Do not lift ban on iron ore exports, Karnataka govt tells SC

State sticks to its stance even as steel ministry and court-appointed panel relent

By Indu Bhan
April 24, 2022 06:15 IST
63 Moons Technologies was formerly known as Financial Technologies (India) (FTIL), the parent company of the now-defunct NSEL. FTIL was owned and founded by Jignesh Shah. The spot exchange suspended trading in July 2013 following a payments crisis estimated at Rs 5,600 crore.
Supreme Court upholds Maharashtra govt’s decision to attach 63 Moons’ assets

In April 2018, the Maharashtra government issued notifications ordering attachment of assets of 63 Moons.

By Indu Bhan
April 23, 2022 05:00 IST
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Nearly 1 in 4 foreign students in India are from Nepal; International enrolment rises 19% in five years

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