Rani Kapur told the Delhi High Court that Priya Sachdev Kapur concealed her late son Sunjay Kapur’s assets and may have moved money abroad. The allegations add new pressure in the escalating battle over the industrialist’s estate.
The Delhi High Court has prohibited Gensol and BluSmart from transferring rights over 175 leased EVs from Orix due to payment defaults and regulatory issues. Orix requested this order amid claims of contract violations. Additionally, Gensol faces scrutiny from SEBI for governance breaches, impacting investor confidence and stock stability.
Today, On 27th November, Gautam Adani and several executives from Adani Green faced allegations of securities law violations related to a bribery scheme in India. The U.S. SEC’s complaints and criminal indictments indicate serious legal challenges for the Adani Group, leading to significant financial losses and declines in stock prices for Adani Green.
The Competition Commission of India fined Meta Rs. 213.14 crore for abusing its market dominance related to WhatsApp’s 2021 privacy policy, which forced users to accept new data-sharing terms. The CCI issued cease-and-desist orders, requiring changes to data handling practices, including opt-out options and transparency in data sharing.
The Supreme Court of India dismissed criminal proceedings against HDFC Bank, ruling that a corporation cannot possess mens rea, or criminal intent, needed for liability under the IPC. The court emphasized that the bank officials acted inadvertently in misinterpreting orders, lacking evidence of malicious intent or misappropriation, thus quashing the FIR.
Justice Sanjeev Khanna has been nominated by Chief Justice DY Chandrachud as the next Chief Justice of India, set to assume office on November 10. Known for impactful rulings on constitutional law and human rights, Justice Khanna’s leadership is expected to enhance the Supreme Court’s commitment to justice and individual rights.
On Wednesday(13th March), The Karnataka High Court has extended its interim order until March 28, preventing Byju’s shareholders from implementing decisions made at a recent EGM, delaying resolution of a dispute involving CEO Byju Raveendran. Esteemed investors sought Raveendran’s removal, but a court order is impeding this effort. Additionally, the NCLT has intervened in Byju’s rights issue.
