Supreme Court Monthly Roundup – May 2021
A comprehensive roundup of all the important Supreme Court judgments/orders from the month of May, 2021.
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RBI issues Customer Due Diligence for transactions in Virtual Currencies (VC)
The Reserve Bank of India has issued Circular dated 31.05.2021 providing a clarification regarding transactions in Virtual Currencies (VC). Following clarifications are
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NCLT/NCLAT vacancies| 39 members for a sanctioned strength of 63! Supreme Court asks Centre to complete reappointment process within 2 months
Supreme Court: Taking note of the depleting strength of the members of the NCLT and NCLAT, the 3-judge bench of L. Nageswara
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Free Press| Need to interpret sedition law in context of freedom of media; No coercive steps against TV5, ABN till next hearing: Supreme Court
The two channels had broadcasted certain programmes wherein Raghurama Krishnam Raju, Member of Parliament had allegedly expressed views critical of the State Government and the Chief Minister. While Raju, has been named as the first accused, TV5 and ABN have been named as the second and third accused.
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Georgia | New Campaign Finance Law signed by Governor
Georgia has signed a new law, SB 221, that radically changes how a few select officeholders or party nominees raise money for
Continue readingForeign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2021 comes into force
Reserve Bank of India has notified Foreign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2021 vide notification dated May 24, 2021. The
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Judges need to be extra careful while conducting criminal trials relating to dowry deaths: Supreme Court [Read guidelines]
Supreme Court: In a case relating to dowry death, the bench of NV Ramana*, CJ and Aniruddha Bose, J has said that
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After one year of marriage, woman burnt to death over dowry. Supreme Court finds accused guilty; explains the true import of “soon before” under Section 304-B IPC
“When the legislature used the words, “soon before” they did not mean “immediately before”. Rather, they left its determination in the hands of the courts.”
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Key Takeaways from 43rd GST Council meeting
The 43rd GST Council Meeting took place on May 28, 2021 under the Chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala
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United Kingdom | Jeremy Corbyn libel action – whether his words were statement of a fact or an opinion
UK Court of Appeal : The three-judge bench of Sir Geoffrey Vos, Master Of The Rolls; Dame Victoria Sharp, President Of The
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Australia | Public Health Amendment (Safe Access Zones) Bill 2021- Safe and private access to abortion services, reintroduced to Parliament
The Government has reintroduced Public Health Amendment (Safe Access Zones) Bill 2021 to Parliament on May 26, 2021. The legislation seeks to
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United Kingdom | 14 week Consultation launched for preparation of trade negotiations with India
UK Government has launched a 14-week consultation to seek views from the public and businesses for a trade deal with India vide
Continue readingOverseas investment by Alternative Investment Funds (AIFs)/ Venture Capital Funds (VCF) enhanced
SEBI has issued a circular dated May 21, 2021 in consultation with the Reserve Bank of India to protect the interests of
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“No coercive measures to be taken”| Can High Courts pass such blanket orders while refusing to quash investigation? Here’s the law laid down by the Supreme Court
“Granting of such blanket order would not only adversely affect the investigation but would have far reaching implications for maintaining the Rule of Law.”
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‘Jitsi’ not fit for the job. Need an effective, user-friendly virtual hearing platform: Madhya Pradesh Bar Council writes to Justice Chandrachud
Writing to Justice Dr. DY Chandrachud, after waiting for a response from the Chief Justice of Madhya Pradesh High Court for over
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Apprehension of COVID-19 a ground for anticipatory bail: Supreme Court stays Allahabad High Court’s order. Here’s all you need to know about the case
Supreme Court: The vacation bench of Vineet Saran and BR Gavai, JJ has stayed the Allahabad High Court’s order wherein it was
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Narada Scam Case| CBI withdraws appeal from Supreme Court against Calcutta High Court’s order putting TMC leaders under house arrest
Supreme Court: After accepting the fact that the Narada Scam Case is being heard by a 5-judge bench of the Calcutta High
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Florida | Governor approves bill prohibiting social media platform from willfully deplatforming a candidate for political office
On May 24, 2021, the Governor of Florida has approved Bill No. SB 7072- Social Media Platforms that gives the state, the
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Levy of building cess on a contract for supply and delivery of equipment and materials? Impermissible, holds Supreme Court
Supreme Court: In the case where Uttar Pradesh Power Transmission Corporation Ltd had levied cess on CG Power and Industrial Solutions Limited
Continue readingCBDT notifies computation of Fair Market Value of Capital Assets under Income Tax (16th Amendment) Rules, 2021
The Central Board of Direct Taxes vide Notification No. 68/2021 dated 24.05.2021 has notified Income tax (16th Amendment) Rules, 2021 to further
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