High Court of Uttarakhand halts auction proceedings against Brew Force Technologies, ET LegalWorld
Recently, the vacation bench of the High Court of Uttarakhand, Nainital Bench, passed an order to keep the auction proceedings in abeyance while granting four weeks to the Respondents to file a counter affidavit. The matter was related to Brew Force Technologies, which filed the Writ Petition seeking to challenge the illegal eviction by way […]
After SC order, Ranchi court halts proceedings against LoP Gandhi in defamation case, ET LegalWorld
In a major relief for Congress leader Rahul Gandhi, soon after the Supreme Court stayed proceedings in a case filed against him for alleged derogatory remarks on Union Home Minister Amit Shah, the Ranchi court on Monday halted all proceedings in this case. A Supreme Court Bench comprising Justice Vikram Nath and Justice Sandeep Mehta, […]
SEBI halts trading of Bharat Global Developers as share surged from Rs 16 to Rs 1702 in 1 year, ET LegalWorld
In a decisive move to protect investors, the Securities and Exchange Board of India (SEBI) on Monday has issued an interim order against Bharat Global Developers Ltd. (BGDL) following alarming findings of fraudulent activities. The order, comes in response to a complaint received by SEBI on December 16 this year which highlighted suspicious financial disclosures […]
Sessions Court Rules in Favor of PNB, Halts Fraudulent Fund Transfer, ET LegalWorld
A city sessions court overturned a magistrate’s order to Punjab National Bank’s (PNB’s) Ernakulam branch in Kerala regarding the transfer of Rs 7.70 lakh from a cyber fraud account to Yamini Porval, a resident of Satellite area here. She was defrauded of Rs 26.96 lakh allegedly by cybercrooks. PNB contested the magistrate’s order as the […]
Gujarat High Court Halts Tax Dues Recovery Amidst Significant Backlog of Appeals, ET LegalWorld
The Gujarat high court has halted the Income Tax (I-T) department from recovering outstanding dues from petitioner assessees while their appeals, pending for over four years, await decisions from the Commissioner of Income Tax (Appeals), under the faceless appeal system. The court’s decision came after dissatisfaction with the I-T department’s response to reduce the backlog […]
Madras High Court Halts Release of Tamil Film Pisasu-2 Amid Legal Dispute, ET LegalWorld
Madras high court has passed an interim injunction against the release of Tamil movie, Pisasu-2, starring actor Vijay Sethupathi and Andrea, directed by Mysskin. Justice G K Ilanthiraiyan issued the interim order following a plea by Flying Horse Pictures against the makers of the movie, Rockfort Entertainment. “It is seen that an award was already […]
Bombay High Court Halts New Height Guidelines for Marine Drive Highrises Amid Resident Backlash, ET LegalWorld
Bombay high court on Thursday stayed a third attempt in the last 12 years by the state and BMC to increase the height of buildings in the second row and beyond at Marine Drive to 58m, or around 15-storey, in the heritage precinct. Churchgate residents petitioned HC with a public interest litigation (PIL) to intervene […]
Uttarakhand High Court Halts Legal Action Against Railway Official Over Environmental Violations, ET LegalWorld
Uttarakhand high court has stayed legal proceedings until the next hearing in a 2016 case filed by the Uttarakhand Pollution Control Board (UKPCB) against the divisional railway manager (DRM) of the Izzatnagar division (Bareilly) of the North Eastern Railway (NER) for alleged environmental violations at Kathgodam railway station, Nainital. A single bench of Justice Vivek […]
Sebi orders probe into Trafiksol IPO disclosures; halts listing on BSE SME platform, ET LegalWorld
Markets regulator Sebi on Friday decided to conduct a detailed investigation into the disclosures made by SME firm Trafiksol ITS Technologies Ltd in its draft IPO documents and instructed BSE not to proceed with the company’s share listing. In its interim order, Sebi has asked BSE to ensure that the IPO proceeds are kept in […]
Kenyan court halts proposed Adani lease of country’s main airport, ET LegalWorld
Kenya’s high court has temporarily blocked a proposed deal for India’s Adani Group to lease the country’s main airport for 30 years in exchange for expanding it, court documents showed. In a joint application, the Law Society of Kenya (LSK), the country’s main bar association, and the Kenya Human Rights Commission (KHRC) told the court […]