Page 27 - Bhavini Mishra/workspace/business Standard Web/video

Supreme Court upholds AERA powers in setback to GMR, Adani groups

The court has overturned the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) order and listed the matter to be heard on merits

Next Chief Justice of India Sanjiv Khanna to have six-month tenure

He was appointed as an Additional Judge of the Delhi High Court on June 25, 2005 and became a permanent judge on 20 February 2006

Banks can claim deductions for broken period interest: Supreme Court

Broken period interest is the interest paid by a bank when purchasing government securities between coupon payment dates

SBI gave unsecured loans to firms and is now floundering: JKC tells SC

JKC argued that SBI had previously granted loans to companies without sufficient security, which led to their financial troubles

ITC rule: Bombay High Court seeks response from state's revenue dept

During the initial stage of developing the pharmaceutical product, the petitioner (Enzene Biosciences) had incurred a lot of expenditure

SC revives Adani's Rs 27K cr insolvency resolution for KSK Mahanadi project

The lenders have made claims of Rs 29,330 crore against KSK Mahanadi, which was sent for debt resolution in 2020 after the firm defaulted on its debt payments

NCLT Ahmedabad approves delisting ICICI Securities from stock exchanges

The NCLT Ahmedabad bench, led by justice Shammi Khan, while approving the scheme, dismissed two applications objecting to the scheme of delisting

Ace Aviation acquires another plane as Jet Airways deal gets delayed

Koish said that procuring another aircraft from the market was 'smooth', demonstrating how efficiently such acquisitions can proceed when all parties cooperate

SC junks pleas against verdict allowing states to levy tax on minerals

The Centre in September had said there were several 'errors apparent in the judgment', and sought a review of the judgement of nine-judge bench

Supreme Court allows claiming input tax credit on construction expenses

Exception for commercial buildings meant for renting, leasing purposes

SC upholds 90,000 tax reassessment notices issued under old regime

Move will impact assessees who received tax notices from April to June 2021 under the old reassessment regime

Time limit for re-assessment under Income Tax Act will be extended: SC

The court also stated that the directions in the Ashish Agarwal case will extend to all 90,000 assessment notices issued under the old regime

Police ask AIIMS to verify Samir Modi's injury claims from May 30 meeting

The police have also asked the medical board to determine if the said injury was old or sustained on May 30, as well as to determine if the injury is possible from the twisting of a finger or hand

NCLAT okays Sarda Energy's Rs 1,950 crore bid for SKS Power Generation

It stated that, according to the Supreme Court, there should be minimal interference in the commercial decision of the committee of creditors

GMR can now run Nagpur Airport; curative petitions of Centre, AAI dismissed

He added that he personally thinks the curative petitions were not maintainable as they did not meet the threefold requirements of bias, lack of hearing, or any other analogous grounds

Rera has become rehab centre for former bureaucrats: Supreme Court

The court was hearing an appeal filed against a Delhi HC judgment that dismissed pleas seeking directions to banks and financial institutions to refrain from charging pre-EMIs or full EMIs

Don't hold lenders' meet till verdict is out: Supreme Court to Byju's IRP

The court, during the hearing, asked Byju's and BCCI if the rules, particularly Regulation 30A of the Insolvency and Bankruptcy Code (IBC), allow settlement outside the set procedures

State Bank of India brought down Kingfisher, Air India: JKC to SC

The first tranche payment of Rs 350 crore was required to be made by March 21, 2022

NCLAT did not apply its mind in edtech firm Byju's case: Supreme Court

Top court indicates it'll send matter back to appellate tribunal for fresh hearing

SC rejects Amit Goenka's plea against KPMG as auditor in Shirpur Gold case

The bench consisting of Justice Hrishikesh Roy said they found no infirmity with the Bombay High Court order of August 14, which had dismissed Goenka's plea