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SC

IT department requests SC to be made party to SEBI Sahara Case

IT department requests SC to be made party to SEBI Sahara Case
The SEBI Sahara dispute has taken a new turn and to protect its interests, the income tax department has filed an application in the Supreme Court wanting to be impleaded as a party in the on-goingSebi-Sahara dispute.The application is likely to be heard on Thursday by a three bench comprising justices TS Thakur, AR Dave [...] Continue Reading »

Court order on Land Act defines guidelines for implementation

Court order on Land Act defines guidelines for implementation
Mr. Jairam Ramesh, Rural Development Minister, says that the Supreme Court judgment upholding the retrospective clause of the new Land Acquisition Act has defines rules for the implementation of a significant clause in the law. He further says that the recent judgment was since last 5 years. He also added that the award was passed [...] Continue Reading »

Govt buys more time from SC to establish up green regulator

Govt buys more time from SC to establish up green regulator
The government turns toward SC to buy 6 months time to establish an independent environment regulator which will check the projects requiring the green clearance and apply conditions for approval and impose fine on defaulters. The government also concluded that it requires minimum 6 months to complete the process. The ministry of environment and forests [...] Continue Reading »

Sahara submits new proposal in SC for refunding Rs 20,000 cr

Sahara submits new proposal in SC for refunding Rs 20,000 cr
The Sahara group made fresh proposal before the SC for refunding Rs20, 000 crore to investors to make sure the release of its chief Subrata Roy who has been in jail with company’s 2 directors since 4 March. In the proposal, the Sahara group gives the surety to deposit Rs2,500 crore within three working days [...] Continue Reading »



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