Category: Supreme Court

Government defends appointment of Madhya Pradesh High Court acting chief justice

Source: hindustantimes.com A day after the government appointed justice R S Jha as acting chief justice of Madhya Pradesh high court overlooking the Supreme Court Collegium’s recommendation to appoint justice A A Kureshi as chief justice of the high court, the law ministry defended its decision saying “there is nothing unusual about the appointment”. A

RBI’s welcome steps in its circular provides more freedom to its bankers says IBA

Source: dnaindia.com The Reserve Bank’s new circular for resolution of stressed assets is propelled by provisioning requirements and gives more freedom to bankers in taking decisions, Indian Banks’ Association (IBA) Chairman Sunil Mehta said Saturday. Two months after the Supreme Court struck down its February 12 circular, the Reserve Bank of India (RBI) Friday came

High Court In India Says Animals Should Have Same Rights As Humans

Source:- .plantbasednews.org An Indian High Court has granted animals ‘legal person or entity’ status to animals, according to reports. The ruling, by Punjab and Haryana High Court, means animals in the state of Haryana will be accorded the ‘corresponding rights, duties and liabilities of a living person’. It follows a 2018 landmark ruling by the Uttarakhand

India: Supreme Court To Clarify The Position Relating To Arrest Provisions Under GST

Sourc:- emondaq.com The Hon’ble Supreme Court, vide its order dated 29 May 2019, while refusing to interfere with the order of the Bombay High Court, has held that the position regarding the arrest provisions under Central Goods and Services Tax Act, 2017 (CGST Act) and the corresponding state goods and services tax laws (SGST Acts) will be clarified

SC allows SFIO to reopen and recast IL&FS accounts for last five years

Source:-business-standard.com The Supreme Court on Tuesday allowed the Serious Fraud Investigation Office (SFIO) to reopen and recast the accounts of Infrastructure Leasing & Financial Services (IL&FS) and two of its key subsidiaries of five years starting 2012-13 (FY13). The order came on a plea moved by the Ministry of Corporate Affairs (MCA), which sought to examine the