SEBI
Case BriefsTribunals/Commissions/Regulatory Bodies

Securities and Exchange Board of India: In the instant matter, Mohammad Nasiruddin Ansari was alleged to have induced / influenced investors to

delhi high court
Case BriefsHigh Courts

Settlement of non-compoundable offences through mediated settlement agreements is not permissible. Even otherwise, to permit the accused and complainant to compromise an offence on payment of money, in session triable serious criminal cases which attracts punishment up to life, cannot be subject matter of mediated settlement agreements.

securities appellate tribunal, mumbai
Case BriefsTribunals/Commissions/Regulatory Bodies

There is no such thing under the SAST Regulations that acquisition and holding of shares without making a public announcement is a violation.

orissa high court
Case BriefsHigh Courts

The forfeiture of the bail bond without giving the opportunity of hearing to the surety is illegal and derogates principles of natural justice.

rbi
Legislation UpdatesNotifications

On 23-6-2023, the Reserve Bank of India (‘RBI’) imposed a penalty of Rs. 30 lakhs on Axis Bank Ltd. for non-compliance with

national consumer disputes redressal commission
Case BriefsTribunals/Commissions/Regulatory Bodies

While deciding upon the complaint, the NCDRC also made important observations on ethical questions surrounding Assisted Reproductive Techniques and urged the Government to bring out necessary regulations for safe ART procedures.

gujarat sales tax act
Case BriefsSupreme Court

“The intention of the legislature is very clear and unambiguous that the moment any eventuality as mentioned in Section 45(5) occurs, the penalty shall be leviable as mentioned in sub-section (6) of Section 45 of the Gujarat Sales tax Act, 1969”, the Supreme Court observed.

Madras High Court
Case BriefsHigh Courts

Madras High Court said that the circular dated 2-08-2019, cannot have any implication in respect of the sole proprietary concern of the petitioner i.e., “M/s. Murugan Idli Shop”.

NCLT
Case BriefsTribunals/Commissions/Regulatory Bodies

The Tribunal while upholding the impugned order passed by CCI dated 20-10-2022, set aside 4 key directions issued in paragraphs 617.3, 617.9, 617.10 and 617.7.

Gauhati High Court
Case BriefsHigh Courts

Gauhati High Court was faced with a peculiar case where “petitioner” had followed every rule in the book to file a well-planned petition; however, in reality the petitioner did not exist!

RBI
Case BriefsTribunals/Commissions/Regulatory Bodies

On 3-3-2-2023, the Reserve Bank of India (‘RBI’) imposed a penalty of Rs. 3.06 crore on Amazon Pay (India) Private Limited for

Ministry of Law and Justice
Legislation UpdatesStatutes/Bills/Ordinances

On 31-01-2023, the President has given assent to Maritime Anti-Piracy Act, 2022. The Act has been enacted to give effect to the

NCLAT
Case BriefsTribunals/Commissions/Regulatory Bodies

National Company Law Appellate Tribunal, New Delhi: While deciding an appeal filed against the Competition Commission of India's (CCI) order imposing a

NCLAT
Case BriefsTribunals/Commissions/Regulatory Bodies

NCLAT while deciding the issue of cartelisation by breweries observed that lesser penalty application indicates admission of guilt and held United Breweries, Carlsberg India Pvt. Ltd. and All India Breweries Association liable for cartelisation.

Delhi High Court
Case BriefsHigh Courts

The Delhi High Court stayed the recovery of a Rs. 223.48 crore penalty imposed by Competition Commission of India (CCI) on MakeMyTrip (P) Ltd. for abuse of its dominant position.

competitive exam
Case BriefsHigh Courts

    Delhi High Court: In a petition filed challenging the vires of Rule 14 of Building & Other Construction Workers Welfare

Case BriefsTribunals/Commissions/Regulatory Bodies

    Competition Commission of India: While deciding upon the complaint filed against Google alleging contravention of the provisions of the Competition

Case BriefsTribunals/Commissions/Regulatory Bodies

“One of the most important issue that comes out is to what extent should a platform operator, in this case Google, set governance rules purportedly to “protect” its ecosystem and should there be limits to this self-assumed role?”

Case BriefsTribunals/Commissions/Regulatory Bodies

    Competition Commission of India: In a significant development, the Commission while deliberating upon the alleged contravention of Sections 3 and

Customs, Excise and Services Tax Appellate Tribunal
Case BriefsTribunals/Commissions/Regulatory Bodies

Customs, Excise and Services Tax Appellate Tribunal (CESTAT): The coram of Dilip Gupta (President) and P.V. Subba Rao (Technical Member) allowed the