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Industry


ARBITRAL TRIBUNAL CANNOT REWRITE CONTRACT BETWEEN PARTIES: DELHI HC

The court allowed the plea by the railway ministry, represented by senior panel
counsel Deepak Jain, and stated that the decision of the arbitral tribunal to
award the difference between the price quoted by the tenderers and the price
quoted by JRIL is unsustainable.


LATEST NEWS

 * 2h hrs ago Tata Motors questions e-bus contract to rival bidder
 * 2h hrs ago Rs 75 lakh not recovered from builder, GB Nagar DM to appear
   before HC
 * 2h hrs ago Chennai: No illegal aquaculture farms allowed near Pulicat, says
   NGT
 * 2h hrs ago Will hear Western Bypass matter only after HC completes hearing:
   Tribunal
 * 2h hrs ago Adani group in talks with SBI to raise Rs 12,000 cr loan to fund
   Ganga Expressway
 * 2h hrs ago Karnataka HC issues guidelines for quick disposal of criminal
   cases against politicians
 * 2h hrs ago Gyanvapi Case: Mosque committee urges court to not allow survey
   photos, videos come in public domain
 * 1h hrs ago Official with pending DE can be considered for promotion: HC
 * 1h hrs ago Ordinance out, Himachal Pradesh MLAs to file their own income tax

View More
Industry

HC DIRECTS TRIPURA GOVT TO ENSURE REGISTRATION OF FIRS

Tripura High Court directed the secretary of state home department last week to
call for a meeting with all the superintendents of police of the districts,
inspectors general (law and order) and director general of police to formulate
an advisory consequent to the directions of the Supreme Court’s order in regard
to registering FIRs.

Industry

RETRO TAX: I-T DEPARTMENT WITHDRAWS SANOFI APPEAL FROM SUPREME COURT

While Sanofi, like many other multinationals, settled this with the taxman under
India's plan to rescind the indirect transfer of assets amendment or
retrospective tax amendment in December, the appeal in Supreme Court was yet to
be withdrawn. In a May 6 order, the apex court dismissed all the appeals. "In
terms of the request made before the court, the appeals are dismissed as
withdrawn," the court ruled.

Industry

CAN’T CONSIDER AD HOC PERIOD FOR BENEFIT UNDER SCHEME: KARNATAKA HC

The service of an employee on ad hoc basis cannot be considered for grant of
benefit under the Assured Career Progression (ACP) scheme, the high court
reiterated in a recent judgment.

Industry

‘NEED SPECIAL LAW TO CURB HONOUR KILLINGS’

Decrying the failure of the official machinery in protecting young couples who
crossed the barriers of caste and religion to enter into wedlock of their
choice, scores of voices are now seeking a special law to curb honour killings.

Industry

WILL HEAR WESTERN BYPASS MATTER ONLY AFTER HC COMPLETES HEARING: TRIBUNAL

The National Green Tribunal (NGT) has said that it will hear the application
before it on the Western Bypass now only after the conclusion of the proceedings
of a PIL in the high court of Bombay at Goa over the same issue.

Industry

9. AN FIR ISN’T A GROUND FOR DISMISSAL UNLESS

Mere registration of an FIR would not be sufficient to invoke Article 311 (2)
(b) of the Constitution to dispense with a departmental inquiry before
dismissing a delinquent employee, the Punjab and Haryana high court has
clarified.

View More


CORPORATE AND BUSINESS

Industry / 3 hrs ago


ADANI GROUP IN TALKS WITH SBI TO RAISE RS 12,000 CR LOAN TO FUND GANGA
EXPRESSWAY

Two months ago, Navi Mumbai International Airport, a subsidiary of Adani
Enterprises, availed a long-term credit line from SBI for the greenfield
project. The bank had committed the entire debt requirement of Rs 12,770 crore
for the ambitious project.

 * Industry / 4 hrs ago
   
   WARDWIZARD LINES UP RS 650 CR INVESTMENT TO SET UP LI-ION PLANT, RELATED
   INFRA

 * Industry / 4 hrs ago
   
   BPCL TO EXPAND CAPACITY WITH RS 30,000 CRORE

 * Industry / 4 hrs ago
   
   ITC ACQUIRES 10% STAKE IN BLUPIN TECHNOLOGIES

 * Industry / 2 days ago
   
   OLA SCOUTS FOR LAND TO SET UP CELL, ELECTRIC CAR FACTORIES

View More


LAW AND POLICY

Industry / 3 days ago


CABINET OKAYS 29.5% SALE IN HIND ZINC, MAY GET RS 38,000 CRORE

In a fresh push to disinvestment, the Union Cabinet on Wednesday approved the
sale of the government’s residual stake of 29.5% in Hindustan Zinc (HZL) which
may help raise much-needed revenues of nearly Rs 38,000 crore. The move came
even as top officials suggested that the Centre will push for the privatisation
of two state-run lenders.

 * Industry / 4 days ago
   
   LIQUOR TO BE COSTLIER IN MEGHALAYA AS CABINET APPROVES TAX HIKE

 * Industry / 9 days ago
   
   JAMMU AND KASHMIR DELIMITATION ORDER COMES INTO EFFECT

 * Industry / 11 days ago
   
   KARNATAKA: GRAM PANCHAYATS CAN NOW SANCTION BUILDING PLANS

 * Industry / 12 days ago
   
   4% PROMOTION QUOTA FOR STAFF WITH BENCHMARK DISABILITIES

View More


SUPREME COURT

Industry / 3 hrs ago


GYANVAPI CASE: MOSQUE COMMITTEE URGES COURT TO NOT ALLOW SURVEY PHOTOS, VIDEOS
COME IN PUBLIC DOMAIN

Merajuddin Siddiqui, a lawyer for the committee, told ANI they have pleaded that
the commission report, photographs, and videos be shared with only the concerned
parties "and that the report is not made public". "We will get it on May 30," he
said.

 * Industry / 4 hrs ago
   
   HC DIRECTS TRIPURA GOVT TO ENSURE REGISTRATION OF FIRS

 * Industry / 4 hrs ago
   
   HC NOTICES OVER COAL BLOCK LEASE

 * Industry / 5 hrs ago
   
   RETRO TAX: I-T DEPARTMENT WITHDRAWS SANOFI APPEAL FROM SUPREME COURT

 * Industry / 2 days ago
   
   27.45 CR MIGRANT WORKERS REGISTERED ON PORTAL: CENTRE TO SC

View More


NCLT



 * PANASONIC INDIA COMPANIES' DEAL GETS NCLT OK

 * NCLT ALLOWS INSOLVENCY PROCEEDINGS AGAINST NATIONAL TEXTILES CORP

 * WAAREE ENERGIES GETS NCLT NOD TO ACQUIRE INDOSOLAR

 * YES BANK'S INSOLVENCY PETITION AGAINST RADIUS INFRA ADMITTED

 * JET STAFF BODY CHALLENGES RESOLUTION PLAN IN NCLAT

 * SUPERTECH INSOLVENCY: NCLAT ASKS IRP TO FILE STATUS REPORT

 * COMMITTEE CHAIRED BY CJI DELIBERATED ON ISSUE REGARDING TENURE OF 23 NCLT
   MEMBERS: CENTRE TO SC

 * NCLT ALLOWS ICICI PRUDENTIAL TO WITHDRAW INSOLVENCY PROCEEDINGS AGAINST ANAND
   DIVINE, A SUBSIDIARY OF ATS

 * NCLT DISMISSES PLEA FILED AGAINST BSE-LISTED MT EDUCARE BY ITS FORMER CFO

 * NON-PAYMENT OF TDS NOT A GROUND FOR INITIATION OF INSOLVENCY PROCESS: NCLAT

 * NCLAT DISMISSES HINDUJA LEYLAND FINANCE PLEA FOR INSOLVENCY PROCEEDINGS
   AGAINST FLY EXPRESS

 * NCLAT STAYS NCLT ORDER DIRECTING RATTANINDIA FINANCE TO APPOINT JV NOMINEE AS
   CFO

 * PRIVATE EQUITY OWNERS PULL MEDALL HEALTHCARE OUT OF INSOLVENCY

 * SETTLEMENT PROPOSAL WITH BANK SUBMITTED IN NCLAT, ERSTWHILE MANAGEMENT OF
   SUPERTECH TO SC

 * SUPERTECH INSOLVENCY CASE: LENDER ASKS TO DEPOSIT RS 75 CR AS UPFRONT PAYMENT
   FOR CONSIDERING ONE-TIME SETTLEMENT

 * INSOLVENCY: SC RULING SHOT IN THE ARM FOR HOMEBUYERS

 * ALMAS GLOBAL TO APPEAL AGAINST NCLT ORDER IN EMC LTD CASE

 * NCLT DISMISSES KANORIAS’ PLEA

 * INSOLVENCY: SC RULING SHOT IN THE ARM FOR HOMEBUYERS

 * PAWAN HANS SALE: CENTRE TO EXAMINE NCLT ORDER ON KEY STAKEHOLDER

View More


MORE FROM ETLEGALWORLD

 * Industry / 2h hrs ago
   
   
   TATA MOTORS QUESTIONS E-BUS CONTRACT TO RIVAL BIDDER
   
   Tata Motors, which had challenged BEST rejecting its bids for single decker
   electric buses, told the Bombay High Court on Friday that the winning bidder
   had submitted a revised bid after expiry of the deadline which is
   impermissible.

 * Industry / 2h hrs ago
   
   
   RS 75 LAKH NOT RECOVERED FROM BUILDER, GB NAGAR DM TO APPEAR BEFORE HC
   
   The Gautam Budh Nagar district magistrate, Suhas LY, will appear before the
   Allahabad high court on Monday to explain the non-recovery of dues from a
   private builder, who has failed to give flat possession to a homebuyer.

 * Industry / 2h hrs ago
   
   
   CHENNAI: NO ILLEGAL AQUACULTURE FARMS ALLOWED NEAR PULICAT, SAYS NGT
   
   The National Green Tribunal (NGT) has directed government agencies to remove
   and demolish all illegal aquaculture farms in and around the
   ecologically-sensitive Pulicat Lake at Ponneri near Chennai.

 * Industry / 2h hrs ago
   
   
   WILL HEAR WESTERN BYPASS MATTER ONLY AFTER HC COMPLETES HEARING: TRIBUNAL
   
   The National Green Tribunal (NGT) has said that it will hear the application
   before it on the Western Bypass now only after the conclusion of the
   proceedings of a PIL in the high court of Bombay at Goa over the same issue.

 * Industry / 2h hrs ago
   
   
   GYANVAPI CASE: MOSQUE COMMITTEE URGES COURT TO NOT ALLOW SURVEY PHOTOS,
   VIDEOS COME IN PUBLIC DOMAIN
   
   Merajuddin Siddiqui, a lawyer for the committee, told ANI they have pleaded
   that the commission report, photographs, and videos be shared with only the
   concerned parties "and that the report is not made public". "We will get it
   on May 30," he said.

 * Industry / 1h hrs ago
   
   
   OFFICIAL WITH PENDING DE CAN BE CONSIDERED FOR PROMOTION: HC
   
   MP high court has said that a government official can be considered for
   promotion (if he is in the zone of consideration for promotion) despite a
   pending departmental enquiry (DE) against him.

 * Industry / 1h hrs ago
   
   
   ORDINANCE OUT, HIMACHAL PRADESH MLAS TO FILE THEIR OWN INCOME TAX
   
   The legislators will have to pay their own income tax from this year, as the
   state government has notified the Himachal Pradesh Payment of Income Tax on
   Salaries and Allowances of Certain Categories Ordinance, 2022, with the
   governor’s consent.

 * Industry / 1h hrs ago
   
   
   MONEY LAUNDERING CASE: ED OFFICIALS VISIT MAHARASHTRA MINISTER ANIL PARAB'S
   SAI RESORT FOR INSPECTION
   
   A three-member team of Enforcement Directorate officials probing state
   transport minister Anil Parab in a money laundering case visited the Sai
   Resort in Murud village, Dapoli taluka, Ratnagiri district on Thursday and on
   Friday.

View More


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HIGH COURT

 * TATA MOTORS QUESTIONS E-BUS CONTRACT TO RIVAL BIDDER

 * RS 75 LAKH NOT RECOVERED FROM BUILDER, GB NAGAR DM TO APPEAR BEFORE HC

 * WILL HEAR WESTERN BYPASS MATTER ONLY AFTER HC COMPLETES HEARING: TRIBUNAL

 * KARNATAKA HC ISSUES GUIDELINES FOR QUICK DISPOSAL OF CRIMINAL CASES AGAINST
   POLITICIANS

 * ‘NEED SPECIAL LAW TO CURB HONOUR KILLINGS’

 * CAN’T CONSIDER AD HOC PERIOD FOR BENEFIT UNDER SCHEME: KARNATAKA HC

 * OFFICIAL WITH PENDING DE CAN BE CONSIDERED FOR PROMOTION: HC

 * ORDINANCE OUT, HIMACHAL PRADESH MLAS TO FILE THEIR OWN INCOME TAX

 * DELHI HC DISMISSES REAL ESTATE FIRM DIRECTOR'S PLEA CHALLENGING ONE YEAR
   IMPRISONMENT, IMPOSES COST

View More


MOST READ

 * 3 days ago
   
   EVERY INDIVIDUAL INCLUDING SEX WORKER HAS RIGHT TO DIGNIFIED LIFE: SUPREME
   COURT

 * 5 days ago
   
   SC STAYS NGT ORDER IMPOSING PENALTY OF OVER RS 15 CRORE ON COCA-COLA'S
   BOTTLING UNIT

 * 6 days ago
   
   SUPREME COURT: SALARY OF SECONDED EMPLOYEES REIMBURSED TO OVERSEAS GROUP
   COMPANIES IS LIABLE TO SERVICE TAX IN INDIA

 * 3 days ago
   
   PIRAMAL ENTERPRISES NOT ELIGIBLE TO BUY RELIANCE NIPPON LIFE DUE TO IRDAI
   RESTRICTION

 * 3 days ago
   
   HC JUNKS BAIL PLEAS OF 34 EX-COPS CONVICTED FOR KILLING 10 SIKH MEN

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