Govt sends JPC queries to EC for inputs on cost, logistics & impact of simultaneous polls, ET LegalWorld
Can the country return to elections with ballot paper? What’s the cost-benefit of one-nation-one-election (ONOE)? How many phases will be required to hold nationwide simultaneous elections and what will be the effect of model code of conduct imposed for such polls on the economy, foreign direct investment and development? How does the expenditure on polls […]
MCA asks cost auditors to tap AI to better detect inefficiency, ET LegalWorld
The corporate affairs ministry has asked cost auditors to focus on potential risk areas, evaluate the impact of cost inefficiencies on companies’ financial health and take advantage of artificial intelligence (AI) to plug loopholes. The use of AI would help cost auditors “identify patterns or anomalies that might otherwise go unnoticed,” according to the ministry’s […]
HC imposes cost of Rs 1 lakh on Lalit Modi for plea seeking BCCI to pay ED penalty, ET LegalWorld
The Bombay High Court has imposed a cost of Rs 1 lakh on former cricket administrator Lalit Modi and dismissed his petition seeking an order to Board of Control for Cricket in India (BCCI) to pay penalty of Rs 10.65 crore imposed on him by the ED for violating Foreign Exchange Management Act (FEMA). A […]
Bombay HC imposes Rs 20 lakh cost on Kakade Construction’s builder and its director, ET LegalWorld

Representative image The Bombay high court last week imposed Rs 20 lakh cost on builder and former Rajya Sabha MP Sanjay Kakade of Kakade Construction Co Ltd, its other director Usha Kakade and the company and dismissed it’s appeals relating to an international commercial arbitration award against it. The appeals were not maintainable, the HC […]
NCLAT appoints NBCC as consultant to complete Supertech’s 16 housing projects at Rs 9,445 cr cost, ET LegalWorld

State-owned NBCC has been appointed as a project management consultant to complete Supertech Ltd’s 16 real estate projects at a cost of nearly Rs 9,500 crore, a move that will provide relief to thousands of homebuyers. In a regulatory filing on Thursday, the company informed that the National Company Law Appellate Tribunal (NCLAT), vide its […]
Delhi High Court modifies ₹15,000 cost order, grants petitioner final opportunity to present evidence citing financial hardship, ET LegalWorld
The Delhi High has modified the order which which imposed the cost of ₹ 15,000/- for leading the remaining evidence subject. Further, directing that the entire cost to be cleared by the defendant on the next date fixed before the Trial Court. The Petitioner contended that the cost could not be arranged due to financial […]
Supreme Court finds “Free of Cost” copy to be a certified copy; similar to “paid” certified copy, ET LegalWorld
On September 27, the Supreme Court in the matter of State Bank of India v India Power Corporation Limited has settled the issue on certified copies of NCLT Orders. The Supreme Court held that the “Free of Cost” copy is a certified copy and is at the same footing as the “paid” certified copy. The […]
DPIIT proposes to appoint survey agencies for ascertaining cost of regulation, ET LegalWorld
The Department for Promotion of Industry and Internal Trade (DPIIT) has proposed to appoint survey agencies to ascertain of cost of regulation in the country. The department is undertaking an exercise to assess the cost of regulations in states with a view to further improving the ease of doing business. “DPIIT proposed to undertake the […]