Supreme Court’s key rulings this week cover CEC appointment law, Section 197 CrPC, POCSO safeguards, Article 311, life imprisonment, Companies Act, arbitration, Hindu property rights, gratuity and bribery.
Read Full ArticleSupreme Court dismisses the Centre’s review plea and clarifies that the Union Government can authorise a Central Government officer to institute a Companies Act fraud complaint in addition to the SFIO Director under Section 212(6).
A PIL filed before the Supreme Court under Article 32 seeks a coordinated probe by the ED, CBI, SFIO, RBI and SEBI into an alleged ₹1,537 crore banking fraud involving Asset Reconstruction Companies.
SEBI found Subhash Chandra and Punit Goenka guilty of fraud for pledging Zee Entertainment's Hyderabad land for promoter-linked loans, imposing penalties totalling Rs 1.48 crore and debarment from the securities market.
Supreme Court stays ₹5 lakh cost condition for setting aside non-bailable warrants in SFIO case, says validity of such condition needs examination.
Delhi HC upholds LOC against OCI petitioner Pawanjot Kaur, citing non-cooperation, flight risk, and serious economic offence allegations.
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