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We have updated our terms and conditions and privacy policy Click "Continue" to accept and continue with ET LegalWorld ACCEPT THE UPDATED PRIVACY & COOKIE POLICY Dear user, ET LegalWorld privacy and cookie policy has been updated to align with the new data regulations in European Union. Please review and accept these changes below to continue using the website. You can see our privacy policy & our cookie policy. We use cookies to ensure the best experience for you on our website. If you choose to ignore this message, we'll assume that you are happy to receive all cookies on ET LegalWorld. * Analytics * Necessary * Newsletter NameProviderExpiryTypePurpose Google AnalyticsGoogle1 YearHTTPSTo track visitors to the site, their origin & behaviour.iBeat AnalyticsIbeat1 YearHTTPSTo track article's statisticsGrowthRx AnalyticsGrowthRx1 YearHTTPSTo track visitors to the site and their behaviour NameProviderExpiryTypePurpose optoutTimes Internet1 YearHTTPSStores the user's cookie consent state for the current domainPHPSESSIDTimes Internet1 dayHTTPSStores user's preferencesaccessCodeTimes Internet2.5 HoursHTTPSTo serve content relevant to a regionpfuuidTimes Internet1 YearHTTPSUniquely identify each userOSTIDTimes Internet1 YearHTTPSOauth secure tokenOSSOIDTimes Internet1 YearHTTPSOauth user identifierOSTPID Times Internet1 YearHTTPSused to sync accross portalsfpidTimes Internet1 YearHTTPSBrowser Fingerprinting to uniquely identify client browsers NamePurpose Daily NewsletterReceive daily list of important newsPromo MailersReceive information about events, industry, etc. I've read & accepted the terms and conditions NEWS SITES * Auto News * Retail News * Health News * Telecom News * Energy News * CIO News * Real Estate News * Brand Equity * CFO News * IT Security News * BFSI News * Government News * Hospitality News * HR News * ET TravelWorld News * Infra News * B2B News * CIOSEA News * HRSEA News * HRME News Upcoming Event: CFO Meet & discussion on Revised Companies Act Sign in/Sign up * Follow us: * * * * * * * News * Corporate & Business * Law & Policy * Supreme Court * NCLT * Webinars * Brand Solutions * LEGAL LEADERSHIP CONCLAVE 2022 * ETLEGALWORLD CONTRACT NEGOTIATION & ARBITRATION CONFEX 2021 * ETLEGALWORLD NEXTGEN LITIGATION SYMPOSIUM Conquering the New Era of Litigation * ETLEGALWORLD INTERNATIONAL IPR VIRTUAL CONFEX Decrypting the Intricacies of Intellectual Propert.. * ETLEGALWORLD IBC CODE Demystifying the Insolvency & Bankruptcy Regime * ETLEGALWORLD LEGAL LEADERSHIP AND CRISIS MANAGEMENT * ETLEGALWORLD ADR CONCLAVE Virtual Conclave x 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 View More 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%. View More 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 View More 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 View More 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 View More 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 SUBSCRIBE TO OUR NEWSLETTER 5000+ Industry Leaders read it everyday I have read Privacy Policy and Terms & Conditions and agree to receive newsletters and other communications on this email ID. HIGH COURT * PROTEST AGAINST CM: COURT GRANTS BAIL TO YC WORKERS * HIGH COURT UNHAPPY WITH CONDUCT OF HEMANT’S ADVOCATE * KOLKATA HIGH COURT SUMMONS SSC CHAIR TO EXPLAIN WHY REPORT NOT SUBMITTED * EPS VS OPS: MIDNIGHT DRAMA IN TAMIL NADU AS APPEAL FILED AFTER MADRAS HC ALLOWS GENERAL COUNCIL * MAN POSING AS SC JUDGE CALLS HC OFFICIAL, SPARKS PROBE * MADURAI: HC REDUCES JAIL TERMS OF TWO LTTE CADRES * KARNATAKA HC GRANTS BAIL TO ONE, REJECTS ANOTHER’S PLEA * UTTARAKHAND HC SEEKS GOVT REPLY ON MISUSE OF FUNDS FROM STUDENTS’ SAVING SCHEME * ASSIST RAPE SURVIVOR SEEKING TO TERMINATE PREGNANCY: DELHI HC TO COPS View More MOST READ * 1 day ago SINGLE MODIFICATION TO A RESOLUTION PLAN – WHETHER PRACTICABLE? * 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 * 3 days ago ADANI POWER ACQUIRES INFRA DEVELOPMENT FIRMS SPPL AND EREPL FOR OVER RS 609 CRORE * 1 day ago CBI BOOKS DHFL, ITS FORMER CMD AND DIRECTOR IN RS 34,615 CRORE BANK FRAUD * 14 hrs ago SAEED SWORN IN AS 27TH CHIEF JUSTICE OF HIMACHAL HC * Industry News * Auto News * Retail News * Health News * Telecom News * Energy News * CIO News * Real Estate News * Brand Equity * CFO News * IT Security News * BFSI News * Government News * Hospitality News * HR News * ET TravelWorld News * Infra News * B2B News * CIOSEA News * HRSEA News * HRME News * CONTACT US ADVERTISE WITH US We have various options to advertise with us including Events, Advertorials, Banners, Mailers, Webinars etc. Please contact us to know more details. * SIGN UP FOR ETLEGALWORLD NEWSLETTER Get ETLegalWorld's top stories every morning in your email inbox. 5000+ Industry Leaders read it everyday I have read Privacy Policy and Terms & Conditions and agree to receive newsletters and other communications on this email ID. * FOLLOW US @ETLEGALWORLD Follow @ETLegalWorld for the latest news, insider access to events and more. * * * * * * About Us * Contact Us * Advertise with us * Newsletter * RSS Feeds * Embed ETLegalWorld.com Widgets on your Website * Privacy Policy * Terms & Conditions * Guest-Post Guidelines * Sitemap Copyright © 2022 ETLegalWorld.com. 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