FEMA

High Court Weekly Roundup
High Court Round UpLegal RoundUp

A quick legal roundup to cover important stories from all High Courts this week.

Punjab and Haryana High Court
Case BriefsHigh Courts

“Though the Constitutional Courts are the sentinels of justice, however, this power of judicial review is required to be exercised with due care and caution and interference at the stage of investigation is made in rare and exceptional cases.”

Bombay High Court
Case BriefsHigh Courts

“In matters of alleged indemnification of the petitioner in the context of penalties imposed upon Lalit Modi by the ED, there is no question of discharge of any public function, and therefore, for this purpose, no writ could be issued to the BCCI.”

ministry of finance
Legislation UpdatesRules & Regulations

Payment of the amount compounded will be done electronically and within 15 days from the date of compounding order.

RBI amends Foreign Exchange Management (Deposit) Regulations
Legislation UpdatesRules & Regulations

The Foreign Exchange Management (Deposit) Regulations, 2016 has been amended by the Reserve Bank of India by Foreign Exchange Management (Deposit) (Fourth Amendment) Regulations, 2024.

Delhi High Court
Case BriefsHigh Courts

Delhi High Court acknowledged the importance of balancing freedom of press and expression with the right to privacy, particularly for public figures like Mahua Moitra, the petitioner, a former elected Member of Parliament from Krishnanagar, West Bengal, affiliated with the All-India Trinamool Congress Party (AITC).

rbi
Legislation UpdatesNotifications

On 21-12-2023, the Reserve Bank of India (‘RBI’) notified the Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023 mandating permission

repealed provisions of FERA
Case BriefsSupreme Court

“A Statute cannot be interpreted in such a manner that any provision thereof is rendered otiose.”

karnataka high court
Case BriefsHigh Courts

While Xiaomi’s petition was held to be maintainable on the fulcrum of Article 14, however, the impugned provision as per the High Court did not manifest any arbitrariness.

Legislation UpdatesNotifications

    On 11-07-2022, Reserve Bank of India has issued guidelines on International Trade Settlement in Indian Rupees to promote growth of

Karnataka High Court
Case BriefsHigh Courts

    Karnataka High Court: S G Pandit, J. declared the present writ petition filed by XIAOMI India under Article 226 of

Op EdsOP. ED.

by Dr Srikant Parthasarathy† and Dr Amirthalakshmi R††

Op EdsOP. ED.

by Meenal Garg*

Hot Off The PressNews

Opening of Current Accounts by Banks On a review, it has been decided to permit banks to open specific accounts which are

Op EdsOP. ED.

Bhumesh Verma, Managing Partner, Corp Comm Legal and Namrata Singhal, Third year BBA LLB student, Vivekananda Institute of Professional Studies

Cite as: (2020) PL (CL) December 69

Op EdsOP. ED.

by Vatsala Pant*

Case BriefsSupreme Court

Supreme Court: The bench of AM Sapre and Indira Banerjee, JJ has held that the appellate forum for deciding the appeals arising