Legally Bharat

The Chief Engineer vs M/S Keystone Infra Private Limited on 16 January, 2025

Manipur High Court The Chief Engineer vs M/S Keystone Infra Private Limited on 16 January, 2025 Author: Ahanthem Bimol Singh Bench: Ahanthem Bimol Singh [1] Digitally signed by SHOUGRAKPAM SHOUGRAKPAM DEVANANDA DEVANANDA SINGH Date: 2025.01.16 13:26:34 IN THE HIGH COURT OF MANIPUR SINGH +05’30’ AT IMPHAL CRP(CRP Art. 227) No. 36 of 2024 (Ref:- Judl. […]

Competition Comm approves deal involving GMR Infra Enterprises, ET LegalWorld

The Competition Commission of India (CCI) on Tuesday approved a proposed transaction involving GMR Infra Enterprises Pvt Ltd and a trust of the Abu Dhabi Investment Authority. The proposed combination involves subscription to unlisted and unrated optionally convertible debentures of GMR Infra Enterprises by Platinum Stone A 2014 Trust (acting through its trustee Platinum Rock […]

Spml Infra Limited vs Power Grid Corporation Of India Limited on 27 November, 2024

Delhi High Court Spml Infra Limited vs Power Grid Corporation Of India Limited on 27 November, 2024 Author: Dinesh Kumar Sharma Bench: Dinesh Kumar Sharma $~ * IN THE HIGH COURT OF DELHI AT NEW DELHI RESERVED ON – 25.10.2024 % PRONOUNCED ON – 27.11.2024 + O.M.P.(MISC.)(COMM.) 286/2023 SPML INFRA LIMITED …..Petitioner Through: Mr. Raman […]

Spml Infra Limited vs Power Grid Corporation Of India Limited on 27 November, 2024

Delhi High Court Spml Infra Limited vs Power Grid Corporation Of India Limited on 27 November, 2024 Author: Dinesh Kumar Sharma Bench: Dinesh Kumar Sharma $~ * IN THE HIGH COURT OF DELHI AT NEW DELHI RESERVED ON – 25.10.2024 % PRONOUNCED ON – 27.11.2024 + O.M.P.(MISC.)(COMM.) 286/2023 SPML INFRA LIMITED …..Petitioner Through: Mr. Raman […]

M/S Siddamsetty Infra Projects Pvt. Ltd vs Katta Sujatha Reddy on 8 November, 2024

Supreme Court of India M/S Siddamsetty Infra Projects Pvt. Ltd vs Katta Sujatha Reddy on 8 November, 2024 Author: Dhananjaya Y Chandrachud Bench: Dhananjaya Y Chandrachud Reportable 2024 INSC 861 IN THE SUPREME COURT OF INDIA INHERENT JURISDICTION Review Petition (C) No. 1565 of 2022 in C.A. No. 5822 of 2022 M/s Siddamsetty Infra Projects […]

Sebi proposes accountability for AI use by market infra institutions, intermediaries, ET LegalWorld

Regulator Sebi on Wednesday proposed holding market infrastructure institutions and intermediaries accountable for any consequences arising from their use of artificial intelligence (AI) tools in operations or client services. This includes ensuring data privacy, security, and integrity, particularly when handling sensitive investor information. Additionally, the entity should also be accountable for any actions taken based […]

Sebi introduces framework to monitor shareholding of market infra institutions, ET LegalWorld

Markets regulator Sebi on Monday introduced a framework to monitor shareholding limits, public shareholding requirements, and the “fit & proper” criteria for Market Infrastructure Institutions (MIIs), which include stock exchanges, clearing corporations, and depositories. This framework applies to both listed and unlisted MIIs, requiring them to disclose their shareholding patterns quarterly on their websites as […]