The Supreme Court granted bail to an accused in a cryptocurrency scam, imposing a condition to deposit Rs.35 lakh. The court emphasized that the bail would be subject to compliance with this financial requirement. The case involves allegations of fraudulent crypto transactions and investor deception. The ruling highlights the judiciary’s approach to balancing legal proceedings with financial safeguards.
The New York court has merged three cases against Indian industrialist Gautam Adani into one trial. These include a criminal case and two civil cases involving allegations of bribing USD 265 million for solar energy contracts. District Judge Nicholas G. Garaufis will oversee the combined trial. The Adani Group denies these allegations.
The NCLT Bengaluru bench Today(on April 3rd), issued a split decision on Byju’s investor plea, potentially leading to a third member’s involvement. The case concerns Byju’s EGM and rights issue, challenged by four investors alleging mismanagement and transparency issues. Byju’s is restrained from utilizing funds raised until the dispute is resolved, affecting salary disbursements.
