Tribunals/Commissions/Regulatory Bodies Archives

Case Briefs Tribunals/Commissions/Regulatory Bodies

SEBI | Acquisition violating Takeover Regulations allowed where objective of proposed acquisitions was to streamline succession and promote welfare of Promoter family, no prejudice to interest of public shareholders

Securities and Exchange Board of India (SEBI): G. Mahalingam, (Whole Time Member) disposed of the application allowing exemption from the Takeover Regulations,

Case Briefs Tribunals/Commissions/Regulatory Bodies

NCLAT | Joint CIRP against Jet Airways to continue, Dutch Trustee allowed to attend CoC meetings as observer

National Company Law Appellate Tribunal (NCLAT): While disposing of the appeal filed by Jet Airways (Offshore Regional Hub), a Bench of Justice

Case Briefs Tribunals/Commissions/Regulatory Bodies

PMLA | Objective of PMLA Act is discovery and freezing or confiscation of property in order to prevent it from being laundered further

Appellate Tribunal for SAFEMA, FEMA, PMLA, NDPS & PBPT Act: Justice Manmohan Singh adjourned an appeal sine-dine, filed by a person found

Case Briefs Tribunals/Commissions/Regulatory Bodies

Appellate Tribunal | Tribunal quashes ED’s order for attachment of assets of the company, subject to furnishing of indemnity bond

Appellate Tribunal for FEMA, PMLA, NDPS & PBPT Act: Justice Manmohan Singh, Chairman and G.C. Mishra, Member, quashed provisional orders for attachment

Case Briefs Tribunals/Commissions/Regulatory Bodies

NGT | Delhi Govt. to formulate guidelines to mitigate adverse impact on environment and public health; regulation of banquet halls

National Green Tribunal (NGT): The Bench comprising of Justice Adarsh Kumar Goel (Chairperson) and Justice S.P. Wangdi (Judicial Member), Justice K. Ramakrishnan

Case Briefs Tribunals/Commissions/Regulatory Bodies

SEBI | Not informing Stock Exchanges about entering into agreements whereby proceeds of GDR were pledged, would amount to fraud under PFUTP Regulations, 1995

Securities and Exchange Board of India (SEBI): Ananta Barua, (Whole Time Member) by order, prohibited the Managing Director of Morepen Laboratories from

Case Briefs Tribunals/Commissions/Regulatory Bodies

SEBI | Directors liable along with Company to refund the money of investors collected under ‘Collective Investment Scheme’ without obtaining a certificate of registration

Securities and Exchange Board of India (SEBI): Ananta Barua, Whole Time Member, issued directions holding the Directors of Zeestar liable for accepting

Case Briefs Tribunals/Commissions/Regulatory Bodies

CESTAT | Redemption fine imposed on appellant for violating FSSAI regulations not maintainable; order to re-export goods sustained

Custom, Excise and Service Tax Appellant Tribunal (CESTAT), Chennai: Sulekha Beevi C.S. (Judicial Member) modified the order of the Commissioner (Appeals) in

Case Briefs Tribunals/Commissions/Regulatory Bodies

FEMA Appellate Tribunal | Active involvement and intentional aiding must be present in order to constitute an offence of abetment

Appellate Tribunal for SAFEMA, FEMA, PMLA, NDPS & PBPT Act: Justice Manmohan Singh (Chairman) allowed an appeal challenging the impugned Judgment wherein

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Sexual Assault victim commits suicide — NHRC takes suo motu cognizance

The National Human Rights Commission, NHRC, India has taken suo motu cognizance of media reports that an alleged victim of sexual assault

Case Briefs Tribunals/Commissions/Regulatory Bodies

NCLAT | NCLT, New Delhi in terms of S. 60(1) IBC, held to have jurisdiction in S. 7 application against Corporate Debtor having properties in UP

National Company Appellate Tribunal (NCLAT): A Bench of Justice S.J. Mukhopadhaya (Chairperson); Justice A.I.S Cheema, Member (Judicial) and Kanthi Narahari, Member (Technical) dismissed

Case Briefs Tribunals/Commissions/Regulatory Bodies

NHRC notice to Assam Govt. over torture of two women in police custody

The National Human Rights Commission, NHRC, India has taken suo motu cognizance of media reports that a woman and her two sisters

Case Briefs Tribunals/Commissions/Regulatory Bodies

NGT | Central Govt. to monitor enforcement of Fundamental Right to access potable drinking water in affected parts

National Green Tribunal (NGT): The Coram comprising of Justice Adarsh Kumar Goel (Chairperson) and S.P. Wangdi (Judicial Member), Justice K Ramakrishnan (Judicial

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NGT | Directions to be implemented in order to mitigate groundwater contamination — Joint Committee’s Report with a view to “Protect the Environment”

National Green Tribunal (NGT): The Coram comprising of Justice Adarsh Kumar Goel (Chairperson) and Justice S.P. Wangdi (Judicial Member), Justice K. Ramakrishnan

Case Briefs Tribunals/Commissions/Regulatory Bodies

NHRC issues notice over reported gang-rape of abuse survivor from Bihar shelter home

The National Human Rights Commission has taken a suo-moto cognizance of media reports that an 18-year-old survivor from the Muzaffarpur girls’ shelter

Case Briefs Tribunals/Commissions/Regulatory Bodies

CESTAT | Non-consideration of the documents in support of claims made by the appellant amounts to passing a non-speaking order

Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai: Coram of P. Dinesha (Member) and P. Venkata Subba Rao (Member) allowed the

Case Briefs Tribunals/Commissions/Regulatory Bodies

NCLAT | Appellate Tribunal exercises inherent powers under R. 11 of NCLAT Rules, quashes CIRP where settlement reached between parties before constitution of CoC

National Company Law Appellate Tribunal (NCLAT): A Bench of Justice S.J. Mukhopadhaya, Chairperson and Kanthi Narahari, Member (Technical), allowed an appeal seeking to

Case Briefs Tribunals/Commissions/Regulatory Bodies

CIC | Timely response is the essence of RTI mechanism enacted to ensure transparency and accountability in the working of Public Authorities

Central Information Commission (CIC): Bimal Jhulka (Information Commissioner), disposed of an appeal expressing displeasure in regard to the way RTI Applications were

Case Briefs Tribunals/Commissions/Regulatory Bodies

NGT | Tribunal directs CPCB for further action of its recommendations on: “Plastic Waste Management” and “Restriction on Import of Plastic Waste”

National Green Tribunal (NGT): The Bench comprising of Justice Adarsh Kumar Goel (Chairperson) and Justice S.P. Wangdi (Judicial Member) and Dr Nagin