Kirloskar firms challenge SEBI letter asking disclosure of family settlement deed at SAT, ET LegalWorld
Four Kirloskar companies on Saturday said they have filed an appeal before the Securities Appellate Tribunal challenging the SEBI letter asking them to disclose the deed of family settlement that was signed by members of the Kirloskar family on September 11, 2009. In a joint statement, the Kirloskar companies — Kirloskar Ferrous Industries Ltd (KFIL), […]
Delhi HC approves Akoi family settlement over ‘Imperial’ trademark, ET LegalWorld
The Delhi High Court has given thumbs up to the settlement arrived between the scions of the Akoi family over the trademark ‘Imperial’ used for the ionic five-star luxury hotel The Imperial Hotel at Janpath, New Delhi. In terms of the settlement, the court directed Hardev Singh Akoli and his late brother Jasdev Singh Akoi’s […]
RBI approves Burman family entities’ open offer to acquire 26 pc additional stake in REL, ET LegalWorld
The Reserve Bank has approved the open offer of Burman family — the promoters of FMCG major Dabur — to acquire an additional 26 per cent stake in NBFC firm Religare Enterprises Ltd (REL). The central bank also directed maintaining of the current board/management structure of REL. The Reserve Bank of India (RBI) said it […]
Nagendra Sharma And Another vs Court Of Prin. Judge Family Court Gonda … on 18 October, 2024
Allahabad High Court Nagendra Sharma And Another vs Court Of Prin. Judge Family Court Gonda … on 18 October, 2024 HIGH COURT OF JUDICATURE AT ALLAHABAD, LUCKNOW BENCH A.F.R. Neutral Citation No. – 2024:AHC-LKO:70332 Judgment Reserved on: 26.09.2024 Judgment Delivered on: 18.10.2024 Court No. – 36 Case :- WRIT – C No. – 6354 of […]
SC agrees to examine plea seeking hybrid hearings in family courts, ET LegalWorld
The Supreme Court on Monday issued notice on a public interest litigation (PIL) seeking the introduction of hybrid hearings in family courts across the country. A bench, headed by CJI D.Y. Chandrachud, agreed to examine and sought responses of the Centre, states, and Union Territories. “Issue notice, returnable in six weeks,” ordered the Bench, also […]
Ranjan Pai, Cipla family eye stake in Zepto; startup moves NCLT to shift domicile, ET LegalWorld
Family offices of Manipal group chief Ranjan Pai, Mankind Pharma brothers Ramesh Juneja and Rajeev Juneja, and Cipla are likely to join Zepto’s funding round as the quick-commerce firm looks to shore up its domestic shareholding with “well-known and credible” names, people aware of the matter said. Zepto’s parent Kiranakart has also filed an application […]
Dalmia Family Office Trust & Anr. vs Getamber Anand & Ors. on 8 October, 2024
Delhi High Court Dalmia Family Office Trust & Anr. vs Getamber Anand & Ors. on 8 October, 2024 Bench: Prathiba M. Singh, Amit Sharma $~1 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision: 8th October, 2024 CONT.CAS.(CRL) 5/2021 DALMIA FAMILY OFFICE TRUST & ANR. …..Petitioners Through: Mr. Ajay Bhargava, Mr. […]
Thane MACT Awards ₹76.3 Lakh to Family in Fatal Pune-Mumbai Car Crash, ET LegalWorld
The Motor Accident Claims Tribunal (MACT) in Thane awarded a compensation of Rs 76.3 lakh to the family of a 39-year-old man who lost his life in a car accident on the Pune-Mumbai Expressway in February 2020. The order was delivered last week by S. B. Agrawal, Chairman of MACT Thane. The claimants are the […]
CBI court jails retired banker, 5 of family, CA in assets case, ET LegalWorld
A CBI special court on Monday convicted a retired bank officer, five members of his family and a CA in a 19-year-old disproportionate assets case. Judge Arvind Kumar Sharma sentenced former assistant general manager of SBI Jitendra Pratap Singh to three years of rigorous imprisonment and fined him Rs 32,22,250. If he fails to pay, […]
LIC ordered to pay Rs 50 lakh compensation for COVID-19 policy premium payer’s family, ET LegalWorld
A district-level consumer disputes commission in Kerala has ordered Life Insurance Corporation (LIC), India’s largest insurer, to pay Rs 50 lakh in compensation to the family of a policy premium payer who succumbed to COVID-19, citing the insurer’s technical lapse. The commission fined LIC Rs 50 lakh for violating its own guidelines, which require policy […]