The Supreme Court is hearing a plea alleging financial irregularities by Indiabulls Housing Finance and its promoters. Noting ED and EOW FIRs and ongoing probes, the Court directed the CBI Director to take a final call and file a fresh affidavit.
L&T has accused MMRDA of unfair practices in a Rs 6,000 crore infrastructure tender, leading to a Supreme Court hearing set for May 29 after Bombay HC dismissed L&T’s petitions. The Supreme Court highlighted the need for transparency regarding public funds and questioned fairness in the tender process, emphasizing L&T’s right to challenge its bid rejection.
The Supreme Court today stayed a Madras High Court judgment that reinstated corruption cases against Tamil Nadu Ministers KKSSR Ramachandran and Thangam Thenarasu. The Court issued a notice to the State and other respondents, instructing them to submit their replies within four weeks. The High Court’s single-judge initiated criminal revision proceedings following allegations of disproportionate assets.
Senior Advocate AM Singhvi today (9th July) urged Chief Justice of India to urgently consider the issue of Delhi Government services control, emphasizing the need for a third judgment to resolve the dispute. The Delhi government’s plea challenging the central government’s law, which gives pre-eminence to the lieutenant governor, has led to a significant power struggle.
The Supreme Court criticized the Calcutta High Court’s denial of bail to an SPES trustee during the Birla-Lodha group conflict, describing it as a “shocking state of affairs”. The case, involving influential private entities, has been highlighted as emblematic of a broader issue. The bench directed the Bengal police to present the trustee before the trial court for bail consideration.
