Page 62 - Supreme Court

SC puts stay on land corruption case probe against Karnataka CM Yediyurappa

Supreme Court stayed the Karnataka High Court order which directed a trial court to proceed against B S Yediyurappa in a corruption case of allegedly denotifying some land to benefit private parties

Supreme Court appoints two judges to conduct trials in coal scam cases

SC on Monday appointed Arun Bhardwaj and Sanjay Bansal as special judges to conduct trials in the coal scam cases pending since 2014

SC order on interest waiver: PSU Banks may have to take Rs 2,000 cr hit

Public sector banks may have to bear a burden of Rs 1,800-2,000 crore due to SC judgement on the waiver of compound interest on all loan accounts which opted for moratorium during March-August 2020

Dalmia Bharat gets securities worth Rs 344 cr back from IL&FS Securities

Cement maker Dalmia Bharat Ltd on Friday said securities worth Rs 344 crore have been credited back to the demat account of its arm by IL&FS Securities Services following an order of the Supreme Court. Mutual fund units of its two erstwhile subsidiaries were earlier "fraudulently and illegally transferred" by Allied Financial Services Pvt Ltd (AFSPL) "in collusion with IL&FS Securities Services Limited (ISSL)", Dalmia Bharat said in a regulatory filing. The two subsidiaries were of Dalmia Bharat's step-down firm Dalmia Cement (Bharat) Limited (DCBL). "We hereby further update that the said Securities of DCBL lying with ISSL were released in favour of DCBL and credited back to its demat account as per said order of the Supreme Court," it said. Earlier on March 16, 2021, the Supreme Court had modified its previous order of August 2019 and had allowed the release of the securities. The apex court had directed "release of the Mutual fund units of two erstwhile subsidiaries of ...

India's 2011 World Cup winners: From Dhoni to Gambhir, where are they now?

A decade has passed since 2011 and the world has witnessed some major events, including a pandemic.

LIVE: Last date for PAN-Aadhaar linking extended to June 30, 2021

The government on Wednesday extended the deadline for linking PAN with biometric Aadhaar by three months till June 30. Stay tuned for Latest LIVE news

Supreme Court-appointed committee submits report on agricultural laws

The committee was given two months to study the laws and consult all stakeholders

I sleep with clear conscience: Cyrus Mistry after Supreme Court verdict

Mistry said his aim at Tata was to ensure a robust board-driven system of decision-making and governance that is 'larger than any one individual'

Tata empire in stronger position against Mistry after Supreme Court verdict

There's room in India for a Tata super-app to compete with Mukesh Ambani's Reliance Industries Ltd

Rational expectations

Evolving conditions would lead to adjustment in markets

Tata vs Mistry: Minority shareholders cannot claim board seat, says SC

The court has made it clear that Mistry Group is not a small shareholder and a board seat cannot be allotted to it contractually or by law

Market in distressed assets may be huge, but deal-making faces headwinds

With the Supreme Court vacating the one-year breather on the filing of insolvency proceedings, it's back to the grind on the bad-loans front

Statsguru: IBC mechanism ready to take up cases after a year-long hiatus

As many as 1,942 cases are currently going on under the Code (as of Septem­ber 2020)

Vindication for Tatas

Another legal battle over stake valuation must be avoided

Banks brace for fresh round of war against NPAs

As it prepares to bring to a close the most difficult year in history, the banking industry is gearing up to tackle a fresh bout of bad loans

Tata vs Mistry: SC rules in favour of Tata Group, sets aside NCLAT order

The court said that it is up to Tata Sons, Mistry to take the legal route to resolve the issue of shares

Supreme Court directs Haryana govt to pay Rs 1,925 crore to IL&FS

Matter relates to the two-phase Gurugram metro rail project

Supreme Court reserves HC verdict in Maratha reservation case

The Bombay High Court verdict had upheld the grant of reservation to Marathas in admissions and government jobs in the state

Top headlines: Tatas win in court against Mistry; Air India sale in June

From financial bids for Air India to Mahindra's new chief-here are top headlines this evening

SC judgment upholds governance standards adopted by Tata Group: Tata Sons

Reacting to the apex court ruling, Ratan Tata in a tweet said, 'It is not an issue of winning or losing.'