Vedanta has approached the Supreme Court seeking a stay on Adani Enterprises’ resolution plan for Jaiprakash Associates. The dispute centers on alleged lack of transparency and rejection of Vedanta’s revised bid in the insolvency process.
The Supreme Court issued a notice to the Union government today after hearing a PIL seeking alternative digital KYC procedures for acid attack survivors with eye disfigurement. Chief Justice of India Chandrachud emphasized the importance of the plea, acknowledging the gravity of the issue. The petitioners have proposed comprehensive directives for the central government and regulatory bodies.
The Bombay High Court declared the arrest of former ICICI Bank MD Chanda Kochhar and her husband by the CBI in a loan fraud case as an “abuse of power.” Emphasizing lack of justification and citing the right to silence, the court highlighted the procedural lapses and the accused’s cooperation with the investigation. The arrest was deemed illegal.