The Supreme Court has sought a response from the Serious Fraud Investigation Office (SFIO) on Vijayraj Surana’s plea seeking relaxation of his bail conditions in a ₹10,000 crore financial fraud case. The top court had earlier granted him bail, noting that prolonged detention before trial amounts to “punishment without conviction.”
Today, on October 14, Supreme Court sought response from the Union Government and SEBI on Sahara India Commercial Corporation’s plan to sell 88 properties, including Amby Valley and Sahara Seher, to Adani Properties. Hearing listed for November 17.
The Supreme Court today (6th Dec) has issued a notice regarding a petition seeking protections for Internal Complaints Committee (ICC) members in private companies against arbitrary actions and retaliation. The petition argues that the lack of safeguards violates constitutional rights and calls for ICC members to be classified as public servants, ensuring their independence and safety.
Today, On 22nd October, the Supreme Court of India permitted the government-appointed board of Unitech Ltd to seek police assistance for managing disturbances from third parties on the company’s properties. The board was also authorized to address grievances with government authorities, ensuring they can oversee the company’s affairs and complete pending housing projects for distressed homebuyers.
