The Delhi High Court questioned why Union Bank issued a fraud-related show cause notice to Jai Anmol Ambani after Reliance Home Finance’s resolution plan was already approved by lenders and the Supreme Court. While refusing to stay the proceedings, the Court directed the Bank to hear Ambani and pass a reasoned order, subject to the High Court’s final decision.
The Bombay High Court has stayed all coercive action by Bank of Baroda, IDBI Bank and Indian Overseas Bank against Anil Ambani. The Court held that the forensic audit relied upon was not signed by a qualified chartered accountant and cannot be the basis for fraud action.
The Delhi High Court set aside Union Bank of India’s decision to label a company linked to Jai Anmol Ambani as fraudulent, citing violation of natural justice. The Court held that no valid show cause notice was served and allowed the bank to restart the process afresh as per law.
The Koregaon Bhima Inquiry Commission has issued a show-cause notice to former Maharashtra CM Uddhav Thackeray for not responding to requests over key documents. The move follows Prakash Ambedkar’s plea seeking a bailable warrant against him.
Delhi High Court directed the Bar Council of India not to take any decision on its show cause notice against Dentons Link Legal, which is facing allegations of violating rules linked to foreign law firms’ entry.
The Bar Council of Kerala has issued a show cause notice to lawyer Mohammed Fayiz for including a High Court judge’s official vehicle in his enrollment video, labeling it as misconduct under the Advocates Act, 1961. Fayiz has 15 days to respond to avoid disciplinary action, facing potential legal consequences.
The Allahabad High Court sentenced lawyer Ashok Pande to six months in prison for contempt due to improper courtroom attire and misbehavior towards judges. He faces a Rs. 2,000 fine and a month’s additional jail time if unpaid. Pande was advised to respond to a notice regarding potential barring from practice by May 1.
The Supreme Court’s full court has decided to take away senior lawyer Rishi Malhotra’s senior designation. The main reason for this action was his alleged “sharp practices” in legal matters. A member who attended the meeting confirmed that these questionable practices were the key issue discussed. This move highlights the court’s strict stand against unethical behavior in the legal profession.
NEW DELHI: Today, 5th March, The Supreme Court of India has strongly criticized the Punjab government for trying to distance itself from an assurance given in 2002 regarding the implementation of the Punjab Privately Managed Affiliated and Punjab Government Aided Colleges Pensionary Benefits Scheme, 1986. The Punjab government argued that the commitment was made by an officer and not the government itself.
Today, On 28th February, The Supreme Court upheld the Madras High Court’s decision to quash the show cause notice issued to Isha Foundation. The Tamil Nadu Pollution Control Board (TNPCB) had challenged the ruling, which recognized Isha Foundation as an educational institute eligible for certain environmental norm relaxations. The High Court had earlier ruled in favor of the foundation, granting it exemptions under specific regulations.
