Today, On 7th April, In the DMRC-DAMEPL dispute, the Supreme Court said it will wait one week for a settlement. If not resolved, the Court warned, “law will take its own course” against the responsible party.
NEW DELHI: On Monday, The Supreme Court of India has warned that its decision on the Delhi Metro Rail Corporation (DMRC) and Delhi Airport Metro Express Private Limited (DAMEPL) dispute must be followed strictly. The court stated that if the ruling is not obeyed, it will take strict action against the officials of the private company and Axis Bank.
On Wednesday, Axis Bank presented its opposition before the Delhi High Court regarding BJP leader Subramanian Swamy’s public interest litigation (PIL), which seeks an investigation into an alleged fraud committed by the bank in order to gain “undue profits” through the sale and purchase of shares in Max Life Insurance. The Delhi High Court Today […]
Dr. Subramanian Swamy has approached the Delhi High Court, alleging Rs 5,100 crore financial irregularity in the Axis Bank-Max Life deal. The case highlights breach of IRDAI directives and disparity in enforcement actions. The petition raises concerns about financial regulations and investor interests in India. The hearing has been postponed to March 13.