Tag: Supreme Court

No medical practitioners, Ayush or others, can claim Covi-19 cure: Supreme Court

NEW DELHI: The Supreme Court on Tuesday held that when the entire world is engaged in research for a Covid-19 vaccine, no medical practitioner of any stream of medicine can claim that they can cure Covid-19. A bench headed by Justice Ashok Bhushan and comprising Justices R. Subhash Reddy and M.R. Shah said: “When statutory […]

‘Not against Constitution’: Supreme Court upholds GST on lottery, betting, gambling

The Supreme Court on Thursday upheld the levy of Goods and Services Tax (GST) on lotteries, betting and gambling, ruling that this doesn’t violate any constitutional provision. A bench headed by Justice Ashok Bhushan and comprising Justices R. Subhash Reddy and M.R. Shah said: “When the 2017 Act defines the goods to include actionable claims […]

CPI-M leader moves Supreme Court challenging MHA order on land purchase

NEW DELHI: Veteran CPI-M leader Mohammed Yusuf Tarigami has approached the Supreme Court challenging an October order of the Union Home Ministry which allows people from across the country to buy land including that meant for agriculture purpose. Moving a writ petition, he sought the apex court’s intervention and a stay on the order till […]

Modi government to Supreme Court: Rs 5,270 crore credited in interest waiver plan under moratorium

NEW DELHI: Solicitor General Tushar Mehta on Thursday informed the Supreme Court that Rs 5270 crore has been credited to 13.12 crore accounts in the interest waiver plan so far. The Narendra Modi government (Centre) has subsidized compound interest for a 6-month moratorium for all loans up to Rs 2 crore. Mehta submitted before a […]

Plea in Supreme Court seeks life imprisonment for offences like bribery, tax evasion

NEW DELHI: A petition has been filed before the Supreme Court seeking a direction to the Narendra Modi government (Centre or government of India) to ascertain the feasibility of confiscating black money, benami properties and disproportionate assets. The petition, which is likely to come up for hearing in the coming days, has also sought life […]

Supreme Court tells Airtel, Vodafone to give TRAI details of segmented offers

NEW DELHI: The Supreme Court on Friday directed Bharti Airtel and Vodafone Idea to disclose details sought by the Telecom Regulatory Authority of India (TRAI) in connection with segmented offers. A bench headed by Chief Justice S.A. Bobde and comprising Justices A.S. Bopanna and V. Ramasubramanian said: “In the light of the above historical background, […]

Reliance Industries to appeal in Supreme Court against SAT ruling

NEW DELHI: Reliance Industries Limited (RIL) on Thursday said it will challenge in Supreme Court the dismissal of its plea by the Securities Appellate Tribunal (SAT) against a Sebi ruling barring the firm and 12 of its promoter group entities from dealing in equity derivatives for alleged unfair trade practices. SAT, by a 2:1 majority […]

Loan moratorium: RBI urges Supreme Court to lift order banning declaration of NPAs

NEW DELHI: The RBI Thursday urged the Supreme Court to lift its interim order, which held that accounts not declared as non-performing assets till August 31 this year are not to be declared NPAs till further orders, saying it is facing difficulty due to the directive. In a relief to stressed borrowers who are facing […]

Supreme Court asks Modi govt to file status report on confidential proceedings in UK on Vijay Mallya’s extradition

NEW DELHI: The Supreme Court Monday asked the Narendra Modi government (Centre) to file status report in six weeks on the confidential legal proceedings pending in the United Kingdom on extradition of fugitive businessman Vijay Mallya to India. The Centre had on October 5 told the apex court that Mallya cannot be extradited to India […]

Asked banks to pay difference in interest to borrowers: RBI to Supreme Court

NEW DELHI: The RBI has informed the Supreme Court that it has asked the banks, and financial institutions as well as the non-banking financial institutions to take “necessary actions” to credit the accounts of eligible borrowers, by November 5, with the difference between compound and simple interest collected on loans of up to Rs 2 […]

Shapoorji Pallonji Group formally seeks separation from Tata in Supreme Court

NEW DELHI: Shapoorji Pallonji (SP) Group has formally sought separation from Tata in the Supreme Court and argued that Tata Sons is effectively a two-group company. The Tata Group comprises Tata Trusts, Tata family members and Tata companies holding [ 81.6%] of the equity share capital, and the Mistry family owning the balance 18.37%. Tata […]

Common man’s Diwali in government’s hands:Supreme Court on loan moratorium

NEW DELHI: The Supreme Court on Wednesday told the Narendra Modi government (Centre) that the common man’s Diwali is in the government’s hands, as it sought implementation of the decision to waive interest-on-interest for loans up to Rs 2 crore for eight categories. The top court gave time till November 2 to the Centre to […]

Moratorium period exceeding six months may result in vitiating overall credit discipline: RBI to Supreme Court

NEW DELHI: A loan moratorium exceeding six months might result in vitiating the overall credit discipline , which will have a debilitating impact on the process of credit creation in the economy, the Reserve Bank of India has told the Supreme Court. In an affidavit filed in the apex court in the loan moratorium case, […]

Secret proceedings on in Vijay Mallya case in UK, delaying extradition: Centre to Supreme Court

NEW DELHI: The Narendra Modi government (Centre) on Monday informed the Supreme Court that beleaguered business tycoon Vijay Mallya’s extradition case is over, but some “secret” proceedings is on in the UK and government is not a party to it, which is delaying his extradition to India. Solicitor General Tushar Mehta, representing the Centre, contended before […]

RJD MP moves Supreme Court, says farm laws violate Constitution

NEW DELHI: Rashtriya Janata Dal (RJD) MP Manoj Jha has moved the Supreme Court to challenge the constitutional validity of the new agriculture-related laws. “The Farmers’ (Empowerment and Protection) Agreement of Price Assurance and Farm Services Act, 2020, The Farmers’ Produce Trade And Commerce (Promotion and Facilitation) Act, 2020 and The Essential commodities (Amendment) Act […]

Offered Rs 14, 000 crore to banks as settlement: Vijay Mallya’s UB tells Supreme Court

NEW DELHI: Fugitive liquor baron Vijay Mallya’s United Breweries (Holding) Ltd on Wednesday told the Supreme Court that it had offered over Rs 14,000 crore to various banks to settle its dues and that the company’s assets exceeded its total debt. Senior advocate C.S. Vaidyanathan, appearing for United Breweries, submitted before a bench comprising Justices […]

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