State police has no role in lodging complaints for airport violations: SC, ET LegalWorld
The Supreme Court has held the Aircraft Act was “a complete code” to deal with the safety and security of civil aviation and aerodrome whereas the state police could only forward probe material to the authorised officer to decide on lodging a complaint. The significant verdict, ruling out any significant role of a state police […]
SEBI investigating role of merchant banker of cancelled Trafiksol ITS Technologies’ IPO, ET LegalWorld
The Securities and Exchange Board of India (SEBI) has initiated an investigation into the role of Ekadrisht Capital Private Limited, the sole book-running lead manager (merchant banker) for the now-cancelled IPO of Trafiksol ITS Technologies Ltd. The regulatory body’s action stems from serious concerns regarding alleged irregularities in the IPO process and the company’s disclosures. […]
SC need not act as Opposition in Parliament, its role as people’s court must be preserved: CJI, ET LegalWorld
Chief Justice of India D Y Chandrachud on Saturday said the role of the Supreme Court as a people’s court must be preserved for the future, but it does not mean that it has to fulfil the role of an Opposition in Parliament. He said one is entitled to criticise the court for the inconsistency […]
Bail conditions do not hinder Arvind Kejriwal’s role as Delhi CM, ET LegalWorld
Recently, The Supreme Court has granted bail to Delhi Chief Minister Arvind Kejriwal in connection with the Central Bureau of Investigation (CBI) FIR registered in the Delhi liquor policy case. The judgment was pronounced by the bench of Justices Surya Kant and Ujjal Bhuyan. Both the judges delivered separate judgments. The bench heard two petitions […]