Supreme Court Upholds JSW’s Investments in BPSL: CCDs Issued by SRA Are to Be Treated as Equity

The 26th September, Supreme Court upholds JSW’s efforts to turn Bhushan Power & Steel Limited (BPSL) into a profitable enterprise. The Court stated, “We have held that CCDs issued by SRA are to be treated as equity,” protecting investments.

[Haider Ali vs. BCCI] Delhi HC Rejects PIL for BCCI Compensation to Delhi Police for IPL Security

Today(on 28th May), The Delhi High Court rejected a PIL seeking BCCI compensation for IPL security provided by Delhi Police, affirming the State’s responsibility for expense recovery. This decision underscores the judiciary’s stance on fiscal matters, emphasizing the executive’s role in financial affairs.