Sebi to continue proceedings against ZEEL, issue fresh show cause notice, ET LegalWorld
Markets watchdog Sebi on Thursday said it will slap a fresh show cause notice on ZEEL founder chairman Subhash Chandra, and his son Punit Goenka as it vowed to continue the investigation into alleged violation of listing norms against the media baron and his company. The order passed by Sebi’s adjudicating officer said the contents […]
Delhi HC gives nod to SFIO to continue probe against Hero Electric Vehicles, ET LegalWorld
Hero Electric told the HC that this is a “classic case where a pure civil dispute has been given a taint of criminality” to gain an advantage in a pending civil dispute filed by it in the Punjab and Haryana HC. The Delhi High Court on Friday gave nod to the Serious Fraud Investigation Office […]
All GRAP IV curbs except those concerning schools to continue till Dec 2: SC, ET LegalWorld
The Supreme Court on Thursday refused to relax emergency measures under Stage 4 of the Graded Response Action Plan (GRAP) to deal with air pollution in the national capital, ordering it to continue till December 2 even as the Centre said the AQI was in “manageable limits”. A bench of Justices Abhay S Oka and […]
Supreme Court allows Adani-Dickey consortium to continue operating Coastal Energen power plant, ET LegalWorld
The Supreme Court on Thursday allowed the consortium of Adani Power and Dickey Alternative Investment Trust to continue to operate Coastal Energen’s 1,200 MW-thermal power plant till the National Company Law Appellate Tribunal (NCLAT) decided various appeals against the approval granted to the resolution plan for the debt-laden firm. However, the apex court said that […]
Tribunal allows solicitor to continue with ‘unfair work allocation’ claim
Tribunal: Disability claim struck out A solicitor can continue a claim that he was unfairly dismissed for blowing the whistle about biased work allocation practices at a law firm, a judge has ruled. Though he rejected Irwell Law’s strike-out application for this, Employment Judge Cuthbert in Manchester did strike out a complaint of disability discrimination […]