Category: LEGAL NEWS

Market regulator Sebi imposed a fine totalling Rs 34 lakh on 10 entities for indulging in fraudulent trading in the shares of Mindvision Capital.The Securities and Exchange Board of India (Sebi) had conducted an investigation in the trading activities of the company between June 2009 and February 2010.The probe found that the entities were connected to each other and executed circular trading in the scrip of Mindvision, which resulted in creation of artificial volume.The total volume that was contributed by the circular trading was 94,745 shares which is 12.5 per…

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The Supreme Court Friday lifted its stay on certain stalled projects under the government’s ambitious Chardham development plan, which proposes to provide all-weather connectivity to the four holy towns of Uttarakhand. The court said the stay will however continue on those projects which are yet to begin under the plan till the environment clearance is taken by the authorities. The four towns of the hilly state to be connected by all-weather roads are Yamnotri, Gangotri, Kedarnath and Badrinath.The top court also stayed a paragraph in the National Green Tribunal (NGT)…

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The Delhi High Court said Wednesday it will hear on January 16 the appeal of Associated Journals Ltd (AJL), publisher of National Herald newspaper, challenging the single judge order asking it to vacate its premises here, due to non-availability of advocates on January 15.In the morning, the court was informed that Solicitor General Tushar Mehta, who would argue the case on behalf of the Centre and senior advocate Abhishek Manu Singhvi, representing AJL, were not available during the day and the matter be listed on January 15.However, at 12:15pm the…

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The Supreme Court on Tuesday reinstated CBI Director Alok Kumar Verma, setting aside the Centre’s decision to divest him of his powers, but restrained him from taking any major policy decision till the CVC probe into corruption charges against him is over.The apex court said any further decision against Verma, who was sent on leave following the Centre’s October 23 decision and retires on January 31, would be taken by the high-powered committee which selects and appoints the CBI director.The selection committee comprises the prime minister, the leader of opposition…

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The Centre Friday told the Supreme Court that they were facing difficulties in the operation to rescue 15 miners trapped in an illegal coal mine in Meghalaya since December 13 as there was no blueprint of the 355-feet well. The government told the apex court that the illegal mine was located near a river and seepage of water was hindering the rescue operation.Solicitor General Tushar Mehta, representing the Centre, informed a bench of justices A K Sikri and S Abdul Nazeer about the steps taken for a swift rescue operation.The…

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A Delhi court Saturday sent alleged middleman Christian Michel, arrested in the AgustaWestland VVIP chopper case, to judicial custody.Michel was produced before Special Judge Arvind Kumar and the Enforcement Directorate (ED) sought his judicial custody in connection with its probe into a money-laundering case.In the ED case, the court sent Michel to judicial custody till February 26 and in the CBI case, it sent him to judicial custody till February 27.Michel, who was extradited from Dubai recently, was arrested by the ED on December 22 and sent to a seven-day…

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The Centre Friday told the Supreme Court that they were facing difficulties in the operation to rescue 15 miners trapped in an illegal coal mine in Meghalaya since December 13 as there was no blueprint of the 355-feet well. The government told the apex court that the illegal mine was located near a river and seepage of water was hindering the rescue operation.Solicitor General Tushar Mehta, representing the Centre, informed a bench of justices A K Sikri and S Abdul Nazeer about the steps taken for a swift rescue operation.The…

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The Supreme Court Thursday asked veteran Congress leader Ahmed Patel to face trial in the Gujarat High Court in connection with his election to the Rajya Sabha in 2017 which has been challenged by rival BJP candidate Balwantsinh Rajput. The apex court declined to interfere with the October 26, 2018 order of the High Court which had said that Rajput’s allegations require a trial. “Let the trial go on,” said a bench comprising Chief Justice Ranjan Gogoi and Justice S K Kaul. Patel had challenged the High Court order which…

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New Delhi, Jan 2 (DIN NEWS) Former Union ministers Yashwant Sinha and Arun Shourie and advocate Prashant Bhushan Wednesday moved the Supreme Court, seeking review of its December 14 verdict dismissing all PILs alleging irregularities in the procurement of 36 Rafale jets from France. In their review plea, they alleged that the judgment “relied upon patently incorrect claims made by the government in an unsigned note given in a sealed cover” to the apex court. They have also sought that the plea be heard in an open court.

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Mumbai, Jan 1 (DIN NEWS) Though the prosecution “tried”, it failed to prove any “politician-police” nexus in the alleged fake encounter case of Sohrabuddin Shaikh, his wife Kausar Bi and his aide Tulsiram Prajapati, a special CBI court had said while acquitting all the 22 accused on December 21. Special CBI Judge S J Sharma had acquitted all the accused due to insufficient evidence while expressing sorrow over the loss of three lives. “I have no hesitation to conclude that the evidence which has been laid and adduced and discussed…

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