Sebi has issued show cause notices to executives of PwC, EY, Carlyle and Advent over alleged insider trading linked to YES Bank’s 2022 share sale. The regulator has flagged misuse of unpublished price-sensitive information and serious compliance gaps within top advisory firms.
Music composer Palash Muchhal has filed a Rs 10 crore defamation case against Marathi actor Vidnyan Mane for allegedly making false cheating and fraud allegations. The legal notice was sent after Mane accused Muchhal of financial fraud and personal misconduct.
Chief Justice of India Surya Kant said High Courts are the first and strongest protectors of the rule of law for ordinary people. He stressed that citizens should approach High Courts first, as they are vital, accessible centres of constitutional justice.
Shiv Sena (UBT) leader Sanjay Raut criticised Eknath Shinde and Ajit Pawar for felicitating CJI Surya Kant while party name and symbol disputes are pending before the Supreme Court. Raut termed the act a “demise of justice” and alleged conflict of interest as the cases remain undecided for over three years.
Supreme Court Justice Ujjal Bhuyan emphasised that judicial transfers are solely for the better administration of justice and fall entirely within the judiciary’s domain. He warned that any government involvement in judge transfers undermines judicial independence and constitutional morality.
The family of Assam’s cultural icon Zubeen Garg submitted a memorandum to Prime Minister Narendra Modi, seeking a special court, faster trial in Assam, and appropriate diplomatic and legal action in Singapore regarding his death.
CJI Surya Kant said the Bombay High Court is more than a structure, reflecting sharp yet disciplined advocacy and dignity. He noted it fosters a culture where disagreement stays respectful and institutional dignity endures even during serious contest.
CJI Surya Kant stated, “Justice delayed is not only justice denied but it is justice destroyed.” He made these remarks at the Fali Nariman memorial lecture and during a felicitation program organized by the Bombay High Court.
Justice VG Arun, during his farewell at the Kerala High Court, highlighted the importance of encouraging junior advocates by giving them the freedom to speak fearlessly, grow with confidence, and practise law without anxiety in a supportive judicial environment.
Allahabad High Court cautioned that children must not become weapons in custody battles, stressing boarding school placement is no easy fix for parental conflict. The bench dismissed cross-appeals, highlighting the need for prior psychological assessment of the child’s welfare.
