Today, On 31st July, CJI Gavai-led bench recalls May 2 verdict that ordered Bhushan Power & Steel’s liquidation, observing, “Article 142 is to do justice, not to send 25,000 workers on road.” Supreme Court hints at reviewing earlier ruling.
The Delhi High Court has requested the Enforcement Directorate’s response to Arvind Kejriwal’s challenge against trial court summons related to the excise policy case. The next hearing is set for September 10, 2025, as Kejriwal contests the legality of previous orders concerning his summons in the ongoing investigation into alleged money laundering.
Jacqueline Fernandez’s petition to dismiss a money laundering case against her was rejected by the Delhi High Court. The case involves alleged conman Sukesh Chandrashekhar and a Rs 200 crore scam. Fernandez claims she is a victim, unaware of his criminal background, while the ED argues she may have accepted gifts knowingly.
The Madras High Court criticized the Enforcement Directorate (ED) for exceeding its authority under the Prevention of Money Laundering Act (PMLA) during a search operation. Justice Ramesh questioned the legality of restricting access to premises with pasted notices and highlighted concerns about the ED’s expanding powers. A decision is pending.
New Delhi: 26th May: The Bhushan Power and Steel Limited (BPSL) case, the Supreme Court of India has temporarily stayed the liquidation proceedings currently pending before the National Company Law Tribunal (NCLT). This stay comes to allow JSW Steel to file a review petition challenging the Court’s earlier judgment delivered on May 2.
Chennai, May 22, 2025 — The Advocate General (AG) of Tamil Nadu, PS Raman, has assured the Madras High Court that he will advise the State government not to close over 40 FIRs (First Information Reports) related to the TASMAC scam, at least for the time being. This assurance came while the court was hearing a public interest litigation (PIL) seeking a CBI investigation into the alleged Rs.1,000 crore TASMAC scam.