Tag: Supreme Court

Amazon moves Supreme Court against Delhi High Court stay order restraining Future-Reliance deal

NEW DELHI: Future Retail on Wednesday said Amazon has approached Supreme Court against a Delhi High Court order which stayed a single judge’s order restraining Future Retail Ltd from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business. “The company’s advocates are in receipt of communication dated April 13, […]

Supreme Court order on interest waiver: PSU Banks may have to take Rs 2,000 crore hit

NEW DELHI: Public sector banks may have to bear a burden of Rs 1,800-2,000 crore arising due to a recent Supreme Court judgement on the waiver of compound interest on all loan accounts which opted for moratorium during March-August 2020, sources said. The judgement covers loans above Rs 2 crore as loans below this got […]

Supreme Court restrains banks from charging interest-on-interest on borrower during moratorium

NEW DELHI: The Supreme Court on Tuesday said any amount collected during moratorium period by banks as interest on interest or compound interest, should either be refunded or adjusted against the next EMIs payable by the borrowers. A bench comprising Justices D. Y. Chandrachud, M. R. Shah and Sanjiv Khanna pronounced the verdict. The top […]

Supreme Court halts Future Group’s $3.4 billion deal on Amazon plea

By Upmanyu Trivedi  NEW DELHI: India’s Supreme Court has stopped regulatory approval for the Future Group’s $3.4 billion asset sale to Reliance Industries Ltd., effectively halting the deal and marking another victory for Amazon.com Inc., which wants to scuttle the transaction in its bid to dominate the country’s retail sector. Agreeing with the American e-commerce […]

Supreme Court notice to Modi government, WhatsApp on plea alleging low privacy standards

NEW DELHI: The Supreme Court on Monday sought responses from the Narendra Modi government (Centre) and WhatsApp within four weeks on a fresh plea alleging lower standards of privacy for Indians in comparison to European users of the messaging app. The top court said that people have grave apprehensions that they will lose their privacy, […]

Amazon moves Supreme Court in Future-Reliance deal dispute

NEW DELHI: E-commerce major Amazon has moved the Supreme Court in a bid to block Future group’s Rs 24,713-crore deal with Reliance, according to sources. The development comes after a recent Delhi High Court’s ruling that stayed a previous order on status quo of the deal and ruling that statutory authorities cannot be restrained from […]

Vijay Mallya applies for ‘another route’ to stay in UK, says his lawyer

LONDON: Vijay Mallya, who is due to be extradited to India, has applied for “another route” to be able to stay in the UK, the embattled liquor tycoon’s barrister representing him in bankruptcy proceedings in the High Court here confirmed in the court for the first time. The 65-year-old businessman, whose legal challenge to the […]

Won’t participate in meetings of court-appointed panel: Farmer unions to Supreme Court

NEW DELHI: Protesting farmer unions on Wednesday told the Supreme Court that they would not participate in meetings and deliberations to be held by the court-appointed committee to address their grievances and maintained they wanted the new farm laws repealed. The top court told the lawyers appearing for farmers unions that all it wanted is […]

Supreme Court rejects pleas seeking review of 2018 Aadhaar verdict

NEW DELHI: The Supreme Court has dismissed a batch of pleas seeking review of its 2018 verdict which had upheld the Centre’s flagship Aadhaar scheme as constitutionally valid but struck down some of its provisions, including its linking with bank accounts, mobile phones and school admissions. A five-judge Constitution bench headed by Justice A M […]

Proposed tractor rally on January 26: It’s law & order matter, says Supreme Court on plea for injunction against it

NEW DELHI: The Supreme Court told the Centre (Narendra Modi government) on Monday that the proposed tractor rally on the Republic Day by farmers protesting against the new farm laws is a law and order matter and Delhi Police is the first authority to decide who should be allowed to enter the national capital. A […]

Give up stubborn stand, come for discussion on January 19: Narendra Singh Tomar tells farmers

NEW DELHI: Ahead of the tenth round of talks scheduled on January 19, Agriculture Minister Narendra Singh Tomar on Sunday again urged the protesting farm leaders to give up their “stubborn” stand on the new farm laws and come for a clause by clause discussion. “Now that the Supreme Court has stayed the implementation of […]

Farmer unions say they will go ahead with tractor march in Delhi on Republic Day

NEW DELHI:Farmer unions protesting against the (Narendra Modi government )Centre’s agri laws said on Sunday that they will go ahead with their proposed tractor parade in Delhi on Republic Day. Addressing a press conference at the Singhu border protest site, union leader Yogendra Yadav said, “We will carry out a tractor parade on the Outer […]

Modi government should scrap new farm laws: Shiv Sena

NEW DELHI: The Shiv Sena on Thursday asked Prime Minister Narendra Modi to honour the sentiments of protesting farmers and scrap new controversial farm laws, and said he will “grow bigger” in stature by doing so. An editorial in the Shiv Sena mouthpiece ‘Saamana’ also accused the Centre of trying to end the farmers’ protest […]

Supreme Court agriculture panel members are pro-govt, won’t appear before it: Farmer unions

NEW DELHI: Farmer unions protesting against the new agriculture-marketing laws Tuesday disapproved of the Supreme Court-appointed committee to break the deadlock over the acts, and said they will not appear before the panel and continue their agitation. Addressing a press conference at Singhu Border here, Union leaders claimed the members of committee formed by the […]

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