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Industry


2002 GUJARAT RIOTS: SC DISMISSES ZAKIA JAFRI’S PLEA CHALLENGING SIT'S CLEAN CHIT
TO 64 PEOPLE, INCLUDING THEN CM NARENDRA MODI

Ehsan Jafri was among 69 people killed during the violence at the Gulberg
Society in Ahmedabad on February 28, 2002. Zakia Jafri has challenged the SIT's
clean chit to 64 people including Narendra Modi who was the Gujarat Chief
Minister during the riots in the State.


LATEST NEWS

 * 8h hrs ago Gurugram: Four booked for mining stones in Aravalis despite SC
   blanket ban
 * 8h hrs ago Debenture Trustees Stall CCI Probe, but Now Under Sebi Lens
 * 8h hrs ago Foxconn Chairman, Vedanta semiconductor head discuss plant
   location
 * 8h hrs ago Tata Power gearing up to build pan-India electric vehicle charging
   stations
 * 8h hrs ago Adani commits to give away Rs 60,000 crore in charity
 * 8h hrs ago Car repair and service start-up FIXCRAFT acquires VMotive
 * 8h hrs ago Digital payments provider Pine Labs acquires API infra firm Setu
   for $70-75 million
 * 8h hrs ago Air India offers to re-hire pilots post retirement for 5 years
 * 8h hrs ago Former Punjab DGP Dinkar Gupta appointed new Director General of
   NIA

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Industry

SC DISMISSES PLEA TO ADD IN-SERVICE QUOTA SEATS OF NEET SUPER SPECIALITY 2021
SURRENDERED BY TN

A vacation bench of Justices C T Ravikumar and Sudhanshu Dhulia said the top
court on May 9 had allowed mop-up round for all the unfilled/stray/vacant
super-speciality seats subject to the condition that any doctor who had joined
seats earlier will not be allowed to join.

Industry

SAEED SWORN IN AS 27TH CHIEF JUSTICE OF HIMACHAL HC

Justice Amjad Ahtesham Sayed was sworn in as the 27th Chief Justice of the
Himachal Pradesh high court on Thursday. He was administered the oath of office
by governor Rajendra Vishwanath Arlekar at Raj Bhawan. Chief minister Jai Ram
Thakur was also present on the occasion.

Industry

PIL SEEKING SACKING OF MINISTERS NAWAB MALIK, SATYENDAR JAIN TO BE LISTED AFTER
BEING PLACED BEFORE CJI: SC

Besides the governments of Delhi and Maharashtra, the plea has made union
ministries of Home Affairs and Law and Justice, the Election Commission and the
Law Commission as parties. It has sought a direction to the Maharashtra
government to sack its cabinet minister Malik, who was arrested on February 23
and is in judicial custody.

Industry

SINGLE MODIFICATION TO A RESOLUTION PLAN – WHETHER PRACTICABLE?

While the restriction pertaining to modification of resolution plan is
introduced to ensure reduction in delay of resolution of a corporate debtor,
only one round of modification might at times lead to getting less than optimum
value for a corporate debtor.

Industry

FOR SC/ST ATROCITIES ACT TO APPLY, HURLING OF ABUSE HAS TO BE IN PUBLIC PLACE:
HC

Further, the court noted that there were other factors in the case. The accused
Rithesh Pias had a dispute with the building owner Jayakumar R Nair and had
obtained a stay against the construction of the building. The court concluded
that Nair was firing at Pias on the "shoulder of his employee (Johan)."

Industry

DR REDDY'S LABORATORIES PLANNING MERGERS AND ACQUISITIONS TO CLIMB UP LADDER

India contributed about a fifth or ₹4,196 crore of the company's overall sales
of ₹21,439 crore in 2021-22, but domestic business has clocked 17% compound
annual growth rate in the past four financial years, well above the sector
average of 9-10%.

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CORPORATE AND BUSINESS

Industry / 13 hrs ago


TATA POWER GEARING UP TO BUILD PAN-INDIA ELECTRIC VEHICLE CHARGING STATIONS

Tata Power has tied up with OEMs like Tata Motors under which home charger
solution is provided to each of the vehicle owner, as part of the vehicle
purchase and nearly 15,000 home chargers have been provided. In addition to
this, nearly 2,000 plus public chargers are provided in nearly 170 cities
including highways between cities so as to provide flexibility to users to top
up their charging, as and when required.

 * Industry / 13 hrs ago
   
   ADANI COMMITS TO GIVE AWAY RS 60,000 CRORE IN CHARITY

 * Industry / 13 hrs ago
   
   CAR REPAIR AND SERVICE START-UP FIXCRAFT ACQUIRES VMOTIVE

 * Industry / 13 hrs ago
   
   DIGITAL PAYMENTS PROVIDER PINE LABS ACQUIRES API INFRA FIRM SETU FOR $70-75
   MILLION

 * Industry / 13 hrs ago
   
   DR REDDY'S LABORATORIES PLANNING MERGERS AND ACQUISITIONS TO CLIMB UP LADDER

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LAW AND POLICY

Industry / 10 days ago


BILL PASSED IN HOUSE REPLACING GOVERNOR WITH CM AS WEST BENGAL UNIVERSITIES
CHANCELLOR

The assembly on Monday passed the West Bengal University Laws (Amendment) Bill
2022, removing the governor from the chancellorship of state universities and
replacing him with the CM. A total of 167 MLAs voted in favour of the bill and
55 against it. The cabinet had passed a resolution on May 26 to make the CM the
chancellor of the 31 state-run universities, reports Krishnendu Bandyopadhyay.

 * Industry / 16 days ago
   
   GOVERNMENT NOTIFIES GREEN OPEN ACCESS RULES 2022

 * Industry / 20 days ago
   
   GOVT AMENDS NORMS FOR APPOINTMENT OF DIRECTORS

 * Industry / 21 days ago
   
   CENTRE SEEKS POWERS TO OVERRIDE SOCIAL MEDIA COMPANIES

 * Industry / 28 days ago
   
   CABINET OKAYS 29.5% SALE IN HIND ZINC, MAY GET RS 38,000 CRORE

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SUPREME COURT

Industry / 13 hrs ago


2002 GUJARAT RIOTS: SC DISMISSES ZAKIA JAFRI’S PLEA CHALLENGING SIT'S CLEAN CHIT
TO 64 PEOPLE, INCLUDING THEN CM NARENDRA MODI

Ehsan Jafri was among 69 people killed during the violence at the Gulberg
Society in Ahmedabad on February 28, 2002. Zakia Jafri has challenged the SIT's
clean chit to 64 people including Narendra Modi who was the Gujarat Chief
Minister during the riots in the State.

 * Industry / 13 hrs ago
   
   PIL SEEKING SACKING OF MINISTERS NAWAB MALIK, SATYENDAR JAIN TO BE LISTED
   AFTER BEING PLACED BEFORE CJI: SC

 * Industry / 13 hrs ago
   
   GURUGRAM: FOUR BOOKED FOR MINING STONES IN ARAVALIS DESPITE SC BLANKET BAN

 * Industry / 14 hrs ago
   
   MAN POSING AS SC JUDGE CALLS HC OFFICIAL, SPARKS PROBE

 * Industry / 14 hrs ago
   
   HC ON RANE’S BLDG: QUESTION OF VENDETTA DOESN’T ARISE

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NCLT



 * SUPERTECH IN TALKS TO RAISE RS 300 CRORE, RESUMES CONSTRUCTION ON DELAYED
   PROJECTS

 * SHRIRAM GROUP PLANS TO ADD 2,500 EMPLOYEES FOR MERGED ENTITY IN 18-24 MONTHS

 * KAMDHENU DEMERGES PAINTS BUSINESS; TO LIST NEW ENTITY KAMDHENU VENTURES IN
   JUL-SEP QUARTER

 * SHRIRAM GROUP PLANS TO ADD 2,500 EMPLOYEES FOR MERGED ENTITY IN 18-24 MONTHS

 * NCLT DISMISSES GATEWAY OFFSHORE’S INSOLVENCY PLEA AGAINST PUNE-BASED RUNWAL
   REALTORS

 * NCLAT STAYS FORMATION OF COC IN BOMBAY RAYON FASHION INSOLVENCY CASE

 * SC ADJOURNS PLEA CHALLENGING NOTIFICATION FIXING TENURE OF MEMBERS OF
   NATIONAL COMPANY LAW TRIBUNAL

 * NCLT DISMISSES GATEWAY OFFSHORE’S INSOLVENCY PLEA AGAINST PUNE-BASED RUNWAL
   REALTORS

 * BANKRUPTCY COURT ADMITS BOMBAY RAYON FASHION FOR INSOLVENCY RESOLUTION

 * NCLAT LETS SUPERTECH ARM FINISH ALL PROJECTS, UNDER IRP'S MONITORING

 * FUTURE RETAIL CASE: NCLT TO CONTINUE HEARING AMAZON'S PLEA ON JUNE 14

 * BANKRUPTCY PROCEEDINGS TO BEGIN AGAINST RADIUS PROMOTER CHHABRIA

 * NCLT DIRECTS INVESTIGATION AGAINST WAVE MEGACITY FOR ALLEGED SIPHONING OF
   HOMEBUYERS' MONEY

 * NCLAT ORDERS FRESH HEARING IN RADIUS ESTATE INSOLVENCY ROW, SETS ASIDE
   EARLIER ORDER

 * NCLT DISMISSES INSOLVENCY PETITION OF WAVE GROUP, IMPOSES RS 1 CRORE PENALTY

 * NCLT POSTS BANK OF INDIA PLEA TO ADMIT FUTURE RETAIL TO FRIDAY

 * NCLAT STAYS INSOLVENCY PROCEEDINGS AGAINST RHC HOLDING

 * NCLAT ORDERS FRESH HEARING IN RADIUS ESTATE INSOLVENCY ROW, SETS ASIDE
   EARLIER ORDER

 * FUTURE RETAIL: NCLT TO HEAR AMAZON'S PLEA OPPOSING INSOLVENCY PROCEEDINGS ON
   JUNE 10

 * INSOLVENCY TO BE DROPPED IF 90% CREDITORS VOTE FOR IT: SUPREME COURT

View More


MORE FROM ETLEGALWORLD

 * Industry / 8h hrs ago
   
   
   GURUGRAM: FOUR BOOKED FOR MINING STONES IN ARAVALIS DESPITE SC BLANKET BAN
   
   Four persons have been booked for allegedly carrying out mining in the
   Aravalis in the district in violation of a blanket ban imposed by the Supreme
   Court in 2009.

 * Industry / 8h hrs ago
   
   
   DEBENTURE TRUSTEES STALL CCI PROBE, BUT NOW UNDER SEBI LENS
   
   The court put a temporary stay on the CCI investigation and asked Sebi to
   provide its opinion on the matter. The case is likely to be heard in the
   first week of July. An email sent to Sebi remained unanswered."While the
   court had asked for Sebi's views, in the meantime the market regulator has
   initiated a probe into the matter," said a person cited above. "Sebi has
   already asked the trustees to provide an extensive list of documents that
   explain how the pricing formula was arrived upon."

 * Industry / 8h hrs ago
   
   
   FOXCONN CHAIRMAN, VEDANTA SEMICONDUCTOR HEAD DISCUSS PLANT LOCATION
   
   Electronics manufacturing services company Foxconn chairman Young Liu on
   Thursday met Vedanta Group's managing director Akarsh Hebbar to discuss the
   roadmap of their proposed electronic chip manufacturing plant and its
   location.

 * Industry / 8h hrs ago
   
   
   TATA POWER GEARING UP TO BUILD PAN-INDIA ELECTRIC VEHICLE CHARGING STATIONS
   
   Tata Power has tied up with OEMs like Tata Motors under which home charger
   solution is provided to each of the vehicle owner, as part of the vehicle
   purchase and nearly 15,000 home chargers have been provided. In addition to
   this, nearly 2,000 plus public chargers are provided in nearly 170 cities
   including highways between cities so as to provide flexibility to users to
   top up their charging, as and when required.

 * Industry / 8h hrs ago
   
   
   ADANI COMMITS TO GIVE AWAY RS 60,000 CRORE IN CHARITY
   
   Adani Group chairman Gautam Adani has committed to donate Rs 60,000 crore
   ($7.7 billion) to social causes. Adani's corpus will be administered by the
   Adani Foundation, making it one of the biggest transfers to a philanthropic
   trust in India.

 * Industry / 8h hrs ago
   
   
   CAR REPAIR AND SERVICE START-UP FIXCRAFT ACQUIRES VMOTIVE
   
   One-stop car repair and service start-up FIXCRAFT has acquired 'VMotive', an
   automotive spares brand of Vogo, along with its trademark as it looks to
   strategically deepen its play in the domestic aftersales automotive market,
   the platform announced on Wednesday. The company, however, did not disclose
   the acquisition amount

 * Industry / 8h hrs ago
   
   
   DIGITAL PAYMENTS PROVIDER PINE LABS ACQUIRES API INFRA FIRM SETU FOR $70-75
   MILLION
   
   Post the acquisition, Setu will work independently and retain its brand
   entity and continue to serve its existing merchants and Pine Labs will enter
   into embedded finance, and gain access to Setu’s API infrastructure stack to
   extend newer services for its online merchant partners.

 * Industry / 8h hrs ago
   
   
   AIR INDIA OFFERS TO RE-HIRE PILOTS POST RETIREMENT FOR 5 YEARS
   
   Tata Group-owned Air India has offered to re-hire pilots post their
   retirement for a five-year period as the airline looks for stability in
   operations amid talk of acquiring 300 single-aisle planes, according to
   internal communication.

View More


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HIGH COURT

 * PROTEST AGAINST CM: COURT GRANTS BAIL TO YC WORKERS

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