Despite falling short of its goal to acquire loans totaling 50,000 crore in FY23, National Asset Reconstruction Co Ltd (NARCL) plans to purchase 30,000 crore worth of Srei Equipment Finance and Srei Infrastructure Finance this fiscal year. The secured lenders of Rolta India were offered 600 crore in FY24 in Read more
Chinese authorities on Monday doomed two of China’s most leading human rights activists to captivity for the crime of” subversion of the government.” Yaqiu Wang , China’s senior researcher for Human Rights Watch , urged international governments to demand ” immediate and unconditional ” release of the two activists . Read more
The Attorney General for India, Mr. R. Venkataramani, on Tuesday briefed a constitution bench of the supreme court about the new data protection bill which is prepared and is going to be introduced in the monsoon session of the parliament that is to start in July 2023. The 5 Judge Read more
The High Court’s decision to order both the immediate arrest of the accused and a show-cause notice for the judge was improper, the Supreme Court ruled. In the recent case of Totaram v. State of Madhya Pradesh & anr., the Supreme Court objected to the Madhya Pradesh High Court’s request Read more
An important development in the logistics and supply chain sector was the failure of Shambal Cold Storage and SC’s response to it. A significant cold storage facility, Shambal Cold Storage offered warehousing and distribution services for perishable items, such as food and medicines. However, Shambal Cold Storage had a catastrophic Read more
In case: Management Committee of Delhi Waqf Board V. Union Of India and Ors. The Delhi High Court on Tuesday registered an application to look after directions for permitting prayers at mosques during the month of Ramzan for a hearing on 27th April. As Ramzan this year ends on the Read more
The Bombay High Court on Tuesday ordered the centre to file a reply to a plea filed by the stand-up comedian Kunal Kamra, challenging an amendment to the Information Technology (Intermediary Guidelines and digital media ethics code) Rules,2021 which empowered the government to identify fake news on social media against Read more
The Supreme Court has directed the Union Government to frame a national policy on menstrual hygiene, which includes providing free sanitary napkins and safe disposal mechanisms in schools and colleges across India. The Court has stressed that menstrual hygiene is a fundamental issue of women’s reproductive health and called for Read more
The Supreme Court established a High Powered Committee to monitor the process of verifying the degree certificates of advocates on Monday, moving the legal profession in an important direction. A former judge of the Supreme Court and two former justices of the High Court will make up the committee. The Read more
The Delhi High Court has ruled that no investigation into the actual area of practice as an advocate is necessary in order to meet the requirement of seven years of continuous practice as an advocate in order to be appointed as a District Judge, as stated in Rule 9(2) of Read more