Cabinet approves bill making repossession easier for aircraft lessors, ET LegalWorld
In a major development, the union cabinet on Thursday approved the Protection and Enforcement of Interests in Aircraft Objects Bill which will allow aircraft leasing companies to repossess aircraft in case of non-payment of lease rental by an airline. The bill will give primacy to the Cape Town Convention in case of conflict with any […]
Sebi plans hiking threshold to Rs 50,000 cr for making granular disclosures, ET LegalWorld
Sebi on Friday proposed doubling the threshold amount to Rs 50,000 crore for foreign portfolio investors to make granular disclosures about their investors holding any ownership or economic interest. At present, certain foreign portfolio investors (FPIs) with equity assets under management (AUM) exceeding Rs 25,000 crore are required to provide granular details of all their […]
Is “mandatory annexures” a way out of false disclosure making? Experts weigh in, ET LegalWorld
The Security Exchange Board of India (SEBI) has suspended trading in the scrip of Bharat Global Developers Ltd till further orders on the ground of misrepresenting true state of affairs of the Company and its business which resulted the scrip seeing a steep 105-times jump in its share price from ₹ 16.14 in November 2023 […]
Sebi exempts Roshni Nadar from making open offer in two HCL entities, ET LegalWorld
Sebi on Friday exempted promoter Roshni Nadar Malhotra from making open offers in relation to proposed additional share acquisitions in HCL Technologies and HCL Infosystems. HCL Technologies and HCL Infosystems are listed on BSE and NSE. The orders came after Roshni Nadar Malhotra filed two separate applications with the regulator on September 30 and sought […]
Public Law 118 – 50 – An act making emergency supplemental appropriations for the fiscal year ending September 30, 2024, and for other purposes.
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DY Chandrachud has prioritized making justice more accessible and transparent in his tenure, ET LegalWorld
DY Chandrachud has prioritized making justice more accessible and transparent in his tenure Chief Justice of India, DY Chandrachud, after his swearing-in as the 50th Chief Justice promised to serve the nation as his foremost priority. He said, “We will protect all citizens of India, whether through technological advancements, registry reforms, or judicial reforms.” Chandrachud […]
DY Chandrachud has prioritized making justice more accessible and transparent in his tenure, ET LegalWorld
DY Chandrachud has prioritized making justice more accessible and transparent in his tenure Chief Justice of India, DY Chandrachud, after his swearing-in as the 50th Chief Justice promised to serve the nation as his foremost priority. He had said, “We will protect all citizens of India, whether through technological advancements, registry reforms, or judicial reforms.” […]
Justice Hima Kohli flags gender bias in Judiciary; Women judges making up 13.76% of High Court, ET LegalWorld
On October 25, former Supreme Court judge Justice Hima Kohli flagged the issue of gender discrimination and bias, which, though seemingly subsided on the surface, continue to operate surreptitiously, often leading women lawyers to face stereotypes and question their authority. Representation of Women in Judicial Positions and Number of Sitting Women Judges in high court […]
Justice Hima Kohli flags gender bias in Judiciary; Women judges making up 13.76% of High Court judges, ET LegalWorld
On October 25, former Supreme Court judge Justice Hima Kohli flagged the issue of gender discrimination and bias, which, though seemingly subsided on the surface, continue to operate surreptitiously, often leading women lawyers to face stereotypes and question their authority. Representation of Women in Judicial Position in High Court and Top-five high court with highest […]
Sebi exempts Spice Healthcare from making open offer for SpiceJet shareholders, ET LegalWorld
Markets regulator Sebi has exempted Spice Healthcare Pvt Ltd from making an open offer to SpiceJet shareholders in relation to acquisition of additional shares in the airline. On conversion of warrants that were issued to it, Spice Healthcare, a promoter group entity, would be acquiring an additional 13,14,08,514 equity shares in the airline. In this […]