Reliance Capital believes that the order by Irdai will protect the interest of all lenders and debenture holders of the company.
The Goa bench of the Bombay High Court has directed three mining companies to deposit Rs 65 lakh each before it for rehabilitating the agricultural land was polluted due to mining. Justice M S Sonak and Justice M S Jawalkar issued the interim order on Wednesday after the state's counsel argued that the mining companies were responsible for filling silt in the paddy field in Sirigao village of North Goa. The court also directed the District Mineral Foundation (a corpus created by the Centre through the tax contribution by mining firms) to earmark Rs 2 crore for the purpose. Vedanta Inc, Rajaram Bandekar (Siridao) Mines Private Limited and Chowgule & Company Private Limited are respondents in this petition. "We direct the mining companies to deposit in this court Rs 65 lakh each, on or before the next date which shall be January, 27," the bench ruled. If it is found that the mining companies are not responsible for this silt or are not responsible under the polluters
'The projects are in public interest. Road widening projects would decongest bottlenecks at vital junctions,' the court said
The court was hearing a petition filed by Rainbow Warriors, a local NGO
Grants third extension for four weeks to file their written statements
On September 23, the RBI had imposed regulatory restrictions on the PMC Bank for six months over alleged financial irregularities
The petition was filed on November 11 by Mumbai-resident Heena Darvesh, a mother of three children.
Interceptions in India today are authorised by eight central enforcement agencies for a spectrum of issues
The UP Power Corporation Contributory Provident Fund Trust also has an intervenor application, seeking release of Rs 4,100 crore
The protestors raised slogans against the court, the RBI and PMC Bank
GVK, which owns 50.5 per cent in the airport, had exercised its right of first refusal to acquire Bidvest shares earlier in the year, but failed to conclude the deal
According to the agreement, the final payment and transfer of shares was September 30 which was later extended twice by consent to November 7
It directed the RBI to file its affidavit and posted the matter for further hearing on November 19
Will the DRI appeal against the order of the Bombay High Court?
While disposing of the petition, the bench observed, that the case involves huge money and investigation cannot be stopped
A bench of Justices S C Dharmadhikari and S K Shinde directed the EOW to file the FIR within the next five days
Top court agrees to hear Greater Mumbai Municipal Corporation appeal for interim relief on August 20
Wadia filed the case in 2016 after he was voted out of the boards of some Tata Group companies
The plea was filed in the apex court by Sanjeet Shukla, a representative of an NGO, "Youth for Equality"
The HC has now directed the registry to sort out the issue of the roster and post the matter for further hearing before the appropriate bench