The Lucknow Bench of the Allahabad High Court quashed criminal proceedings and summons issued against Wipro chairman Azim Premji and senior company officials in an alleged labour law violation case linked to the company’s Ghaziabad office, while allowing their petition challenging the prosecution proceedings.
A Singapore court sentenced Byju’s founder Byju Raveendran to six months’ imprisonment for contempt over alleged non-compliance with disclosure orders, while directing payment of legal costs and ownership documents, though Raveendran denied wrongdoing, described the ruling as procedural and announced plans to appeal against it.
National Company Law Appellate Tribunal refused to stay resolution plan of Jaiprakash Associates Limited approved for Adani Enterprises, with bench led by Ashok Bhushan holding issues need detailed hearing, making implementation subject to final appeal outcome.
