Customs dept slaps fine on IndiGo; airline to take appropriate legal measure, ET LegalWorld
Leading airline IndiGo on Wednesday said the customs department has imposed a fine of little over Rs 25 lakh on the company in relation to duty on jet fuel. The fine has been imposed by the Joint Commissioner (Customs), Office of the Commissioner of Customs, Ludhiana. In a regulatory filing, InterGlobe Aviation, the parent of […]
Sebi slaps Rs 6 lakh fine on EbixCash, Ebix for disclosure lapses, ET LegalWorld
Capital markets regulator Sebi on Thursday slapped a fine of Rs 6 lakh on EbixCash Ltd and its promoter entity Ebix Inc for flouting disclosure norms related to the company’s proposed initial public offering (IPO). EbixCash, a financial services company, had filed its draft red herring prospectus (DRHP) with the regulator in March 2022, but […]
Court orders Emami to pay Rs 15 lakh fine for misleading ad after Delhi man doesn’t turn ‘Fair and Handsome’, ET LegalWorld
A Delhi consumer court fined Emami Ltd Rs 15 lakh for deceptive advertising of its Fair and Handsome cream. A man complained the product didn’t deliver the promised skin-lightening effect despite using it as directed. He bought the cream in 2013 for Rs 79. The Central Delhi District Consumer Dispute Redressal Commission ruled against Emami […]
Delhi consumer forum imposes Rs 15 lakh fine on Emami over fairness cream, ET LegalWorld
A district consumer forum here imposed a fine of Rs 15 lakh on Emami Ltd for unfair trade practices after a man alleged that the company’s fairness cream advertisement was deceptive and misleading. The Central Delhi District Consumer Dispute Redressal Commission was hearing a complaint of unfair trade practices against Emami Ltd for its product, […]
SC sets aside NGT order imposing Rs 3 crore fine on mining firm, ET LegalWorld
The Supreme Court on Thursday set aside an NGT order imposing around Rs 3 crore fine on M/s Govardhan Mines and Minerals as compensation for damages to the environment on account of illegal stone mining activities in the Dadam Hills of Tosham at Bhiwani, Haryana. Asking the National Green Tribunal (NGT) to deal with the […]
Builders Must File Annual Reports in 30 Days or Risk ₹5L Fine, ET LegalWorld
Representative image The Haryana Real Estate Regulatory Authority (HRera) has issued a strict directive to real estate promoters, mandating submission of annual reports for their under-construction projects within 30 days. The move comes after the regulator observed widespread non-compliance by promoters, raising concerns about transparency and accountability in the sector. During a recent review meeting, […]
Govt slaps fine on Sun Pharma officials over related party transactions, ET LegalWorld
Sun Pharmaceutical Industries Ltd on Thursday said the Ministry of Corporate Affairs has levied penalties on certain past and present directors and officials, including CMD Dilip Shanghvi, for non-disclosure and not obtaining approval of its board and shareholders for certain related party transactions. The company has received an order from the Regional Director, North Western […]
CCI imposes $25.4 million fine on Meta, Legal News, ET LegalWorld
India’s competition watchdog directed WhatsApp to refrain from sharing user data for advertising purposes with other applications owned by Meta for a period of five years and fined the US tech giant $25.4 million on Monday over antitrust violations related to the messaging application’s 2021 privacy policy. The Competition Commission of India (CCI) launched a […]
CCPA slaps Rs 54.6 lakh fine on 48 coaching centres, issues new norms to curb misleading ads, ET LegalWorld
The Central Consumer Protection Authority (CCPA) has slapped a fine of Rs 54.6 lakh on 18 coaching institutes for misleading advertisements and issued comprehensive guidelines to address malpractices in the coaching sector. The ‘Guidelines for Prevention of Misleading Advertisement in the Coaching Sector, 2024,’ aims to safeguard students and the public from deceptive marketing practices […]
Delhi consumer commission imposes Rs 10,000 fine on Voltas for service deficiency, ET LegalWorld
The Delhi State Consumer Disputes Redressal Commission has directed Voltas Ltd to pay Rs 10,000 to a consumer for failing to repair an air conditioner (AC) unit, observing that it caused him mental agony and physical distress during the summer months. The Commission was hearing the appeal of the consumer seeking enhancement of the Rs […]