Page 11 - Supreme Court

Amazon, Future will approach Singapore tribunal to resume arbitration: SC

SC on Wednesday observed that parties will approach tribunal led by Singapore International Arbitration Centre to resume arbitration proceeding in relation with merger deal of FRL with Reliance Retail

Amazon, Future dispute: SC lets arbitration resume over FRL merger

The Supreme Court on Wednesday ordered resumption of arbitral proceedings before the SIAC tribunal over Future Retail's merger deal to the tune of Rs 24,500 crore with Reliance Retail Ltd. A bench comprising Chief Justice N V Ramana and Justices Krishna Murari and Hima Kohli took note of the consent of US e-commerce major Amazon and Future group over the resumption of arbitral proceedings before the Singapore International Arbitration Centre (SIAC). The bench said the SIAC tribunal would pass an appropriate order on a plea of FRL filed under a provision of the Arbitration and Conciliation Act which provides for passing an order if the arbitral tribunal finds that the continuation of the proceedings has for any other reason become unnecessary or impossible. Earlier, the apex court had asked the Future Group and Amazon to jointly urge the Delhi High Court to first hear the enforcement petitions of Amazon which also relate to the preservation of assets of FRL. Amazon had moved the top

Supreme Court agrees to examine plea against electoral bond scheme soon

The Supreme Court on Tuesday agreed to hear a plea against the laws allowing political parties' funding through the electoral bond scheme

SC dismisses plea for extension of internship deadline for NEET-PG

It added that the alternative prayer for inclusion of Covid duties would also involve the court to micro-manage the curriculum

Will protect interest of home buyers in Supertech's twin towers, assures SC

The top court also sought response from the IRP on the disbursal of home buyers' claims

Lakhimpur incident grave offence, but Ashish Mishra not a flight risk: SC

A bench headed by Chief Justice N V Ramana reserved the order after hearing all the parties

SC asks Amazon, Future to urge Delhi HC to hear pleas of US firm first

It has been alleged by Amazon that on March 3, as many as 600 stores of FRL were taken away by Reliance

Bank consortium gives final nod of Rs 1,500 cr for Amrapali projects: SC

Let the needful be done within seven days from today, the bench said

Amazon, FRL agree in SC to appear before Singapore Int'l Arbitration Centre

Last month, Amazon alleged that 80 per cent of FRL shops have been surrendered to Reliance

SC notice to Lalu Prasad on plea challenging his bail in fodder scam

In March 2018, a special CBI court sentenced Prasad in the Dumka case to 14 years in jail

Top Court directs Arbitral Tribunal to dispose of Eveready challenge

Asks Eveready not to 'dissipate or dispose' of its assets, except in the usual course of business

Lakhimpur: SC to hear plea seeking cancellation of Ashish Mishra's bail

The Supreme Court will hear on Monday the plea challenging the grant of bail to Ashish Mishra, in connection with the Lakhimpur Kheri violence that had left eight people, including four farmers, dead.

Very sorry state of affairs: SC over delay in execution of arbitral awards

The Supreme Court has expressed concern over delay in execution of arbitral awards, calling it "a very sorry state of affairs". A bench of Justices M R Shah and B V Nagarathna made the observation while hearing a case in which the arbitral award passed in 1992 remained pending for execution despite passage of more than 30 years. The apex court said this case is a glaring example of frustrating the arbitration proceedings under the Arbitration Act. It noted that the award has been passed in the year 1992 and the execution petition is of the year 2003, which is still reported to be pending. "It is very unfortunate that even after a period of 30 years, the party in whose favour the award is passed is not in a position to enjoy the fruit of the litigation/award. Even the execution petition is also pending for more than 19 years. "This is a very sorry state of affairs that even the execution proceedings to execute the award passed under the Arbitration Act are pending for more than 20

Quashing SC/ST reservation in govt jobs may cause unrest: Centre to SC

Quashing of reservation in promotion to SC/ST employees in government jobs may cause employee unrest and lead to multiple litigations, the Centre has informed the Supreme Court.

SC asks whether it can pass orders restraining alienation of FRL's assets

Senior advocate Harish Salve, appearing for FRL, said that around 374 shops are with the group and it is not going to give them to anybody on its own unless some landlords throw it out

Democracy best suited for diverse country like India: CJI Ramana

Justice Ramana said the police and investigative agencies may have de facto legitimacy, but yet, as institutions, they still have to gain social legitimacy

No fresh proposal received to increase number of SC judges: Govt tells LS

The Supreme Court (Number of Judges) Amendment Act, 1986 augmented the strength of the Supreme Court judges from 17 to 25, excluding the CJI

SC rejects Maha's plea for SIT to probe corruption case against Deshmukh

A bench of Justices S K Kaul and M M Sundresh dismissed the plea filed against the high court order dated December 15, 2021

UPSC extra attempt: SC asks Centre to consider appeal of Covid-hit students

The Centre had last week told the apex court that additional attempt in the Union Public Service Commission (UPSC) civil services examination is not possible

SC orders fresh mop-up round counselling for NEET-PG 2021-22

The top court clarified that those candidates, who have joined in round 2 of state quota, will not be eligible to participate for fresh mop-up round.