A committee of creditors (CoC) is a group of lenders who make decisions about an insolvent company or borrower in the insolvency resolution process
A key employee who labelled an experimental submersible unsafe prior to its last, fatal voyage was set to testify Tuesday before US Coast Guard investigators. David Lochridge is one of the most anticipated witnesses to appear before a commission trying to determine what caused the Titan to implode en route to the wreckage of the Titanic last year, killing all five on board. Lochridge is former operations director for OceanGate, the company that owned the Titan and brought it on several dives to the Titanic going back to 2021. His testimony will come a day after other witnesses painted a picture of a troubled company that was impatient to get its unconventionally designed craft into the water. The accident set off a worldwide debate about the future of private undersea exploration. Among those killed was Stockton Rush, co-founder of OceanGate. The company, based in Washington state, suspended its operations after the implosion. OceanGate's former engineering director, Tony Nissen,
Former principal of RG Kar hospital Sandip Ghosh and Tala Police Station officer-in-charge Abhijit Mondal were on Sunday produced before a court here on Sunday by the CBI in connection with the rape-murder of a doctor at the medical facility. "We will seek a three-day remand for them in the Sealdah court, an officer said. The CBI, which is probing the case, had on Saturday evening added charges of tampering with evidence against Ghosh, who is currently in judicial custody, and arrested Mondal. Mondal was arrested for allegedly tampering evidence, delay in registering the FIR among other charges, the officer said. The police officer was held after he failed to provide satisfying answers during questioning by the CBI officers on Saturday. The central probe agency had arrested Ghosh on September 2 in a case of financial irregularities at the hospital. A large contingent of security personnel have been deployed outside the Sealdah court, officials said. The body of the postgraduate
Launches 'Humour in Courts' for courtroom jokes
The Hindu side in the Gyanvapi mosque case on Wednesday requested a court here to allow the ASI to dig in the premises for a survey, a lawyer said. The judge fixed the next date of hearing as September 18 on the petition demanding ASI survey of the remaining parts of the Gyanvapi complex, the lawyer said. The representatives of the Muslim side were present in the court and are expected to put forth their views on the matter during the next hearing. Civil Judge Senior Division Fast Track Court Jugal Shambhu fixed the fresh date after hearing the Hindu side, said advocate Madan Mohan Yadav, representing the Hindu side in the case. "The Hindu side completed its argument in the matter. We have also requested to allow the ASI (Archaeological Survey of India) to dig in the premises for the survey," said Yadav. Yadav said the Hindu side has argued that the original place of Jyotirlinga is in the middle under the dome of the alleged mosque located in the Gyanvapi complex. Geographical wa
Former employees of the company that owned an experimental submersible that imploded on its way to the wreck of the Titanic are scheduled to testify before a Coast Guard investigatory board at an upcoming hearing. The Titan submersible imploded in the North Atlantic in June 2023, killing all five people on board and setting off a worldwide debate about the future of private undersea exploration. The U.S. Coast Guard quickly convened a high-level investigation into what happened, and that inquiry is set to reach its public hearing phase on Sept. 16. OceanGate, the Washington state company that owned the Titan submersible, suspended operations after the implosion that killed company co-founder Stockton Rush and the others. Witnesses scheduled to appear during the upcoming hearing include Guillermo Sohnlein, who is another co-founder of OceanGate, as well as the company's former engineering director, operations director and scientific director, according to documents provided by the ...
The Supreme Court on Monday held that an accused, who is lodged in custody in a case, is entitled to seek anticipatory bail in another matter as long as he is not arrested in relation to that alleged offence. The apex court said there was no express or implied restriction in the statute that prohibits the sessions court or high courts from deciding an anticipatory bail application in a case, while the applicant was in custody in connection with a different offence. A bench headed by Chief Justice D Y Chandrachud said the purpose behind incorporating section 438 in the Code of Criminal Procedure (CrPC), which deals with direction for grant of bail to a person apprehending arrest, was to recognise the importance of "personal liberty and freedom in a free and democratic country". "An accused is entitled to seek anticipatory bail in connection with an offence so long as he is not arrested in relation to that offence. Once he is arrested, the only remedy available to him is to apply for
On June 5, the Delhi High Court sought a status report on the bail plea, which he sought on medical grounds. His bail plea was dismissed by the trial court
Delhi HC issued a contempt notice to Wikipedia for not disclosing users behind defamatory edits on news agency ANI's page. The court also warned of shutting down Wikipedia's operations in India
The court clarified that the statutory mandate of mediation must be followed for all suits, including counter-claims, unless they seek urgent interim relief
One of two doctors charged in connection with Matthew Perry's death is set to appear Friday in a federal court in Los Angeles, where he is expected to plead guilty to conspiring to distribute the surgical anesthetic ketamine. Dr. Mark Chavez, 54, of San Diego, reached a plea agreement with prosecutors earlier this month and would be the third person to plead guilty in the aftermath of the Friends star's fatal overdose last year. Chavez agreed to cooperate with prosecutors as they pursue others, including the doctor Chavez worked with to sell ketamine to Perry. Also working with the U.S. Attorney's Office are Perry's assistant, who admitted to helping him obtain and inject ketamine, and a Perry acquaintance, who admitted to acting as a drug messenger and middleman. The three are helping prosecutors as they go after their main targets: Dr. Salvador Plasencia, charged with illegally selling ketamine to Perry in the month before his death, and Jasveen Sangha, a woman who authorities say
Tiger Global had sold its stake in Flipkart to Walmart during the year. It claimed exemption from capital gains tax on the sale under the DTAA
Speculation is mounting that litigious newcomers like Musk could help Texas pull off what has so far been the impossible and dethrone Delaware as a court hub
Weeks before Hunter Biden is set to stand trial on federal tax charges, the legal team for President Joe Biden's son and prosecutors will appear in a California courtroom Wednesday as the judge weighs what evidence can be presented to the jury. Hunter Biden is accused of a scheme to avoid paying at least $1.4 million in taxes in the case headed for trial in September in Los Angeles. It's the second criminal trial in just months for the president's son, who was convicted in June of three felony charges in a separate federal case over the purchase of a gun in 2018. Prosecutors and the defense have been fighting for weeks in court papers over what evidence and testimony jurors should be allowed to hear. Among the topics at issue is evidence related to Hunter Biden's foreign business dealings, which have been at the center of Republican investigations into the Democratic president's family. Prosecutors say they will introduce evidence of Hunter Biden's business dealings with a Chinese .
SKS owns a 600-MW power plant in Chhattisgarh, which is currently being run by NTPC
The court, however, warned that both of them must comply with all future orders and not repeat their past conduct
The Supreme Court on Monday shut down a long-shot push from Missouri to remove a gag order in former President Donald Trump's hush-money case and delay his sentencing in New York. The Missouri attorney general went to the high court with the unusual request to sue New York after the justices granted Trump broad immunity from prosecution in a separate case filed in Washington. The order states that Justices Clarence Thomas and Samuel Alito would have allowed Republican Andrew Bailey to file the suit, though not grant his push to quickly lift the gag order and delay sentencing. Bailey argued the New York gag order, which Missouri wanted stayed until after the election, wrongly limits what the GOP presidential nominee can say on the campaign trail around the country, and Trump's eventual sentence could affect his ability to travel. The actions by New York have created constitutional harms that threaten to infringe the rights of Missouri's voters and electors, he wrote. Bailey railed
Delhi Court reserves order on framing charges against Congress Leader Jagdish Tytler in 1984 anti-Sikh riots case, where three people were killed
An MP-MLA court here on Friday postponed the hearing in the 2018 defamation case against Congress leader Rahul Gandhi over his alleged objectionable remarks targeting Union Home Minister Amit Shah. Gandhi's lawyer Kashi Prasad Shukla said due to the death of a lawyer, a condolence meeting was held in the court on Friday and the hearing was postponed to June 18. The Congress leader appeared in court in the defamation case in February and he was granted bail. The complaint against Gandhi was filed by BJP leader Vijay Mishra. Last December, the court issued a warrant against Gandhi. Subsequently, the Congress leader halted his Bharat Jodo Nyay Yatra in Amethi on February 20, appeared in the court, and was granted bail. The complaint was filed on August 4, 2018, against Gandhi for his alleged objectionable comments against Shah made at a press conference in Bengaluru in May of that year during the Karnataka elections. The complainant referred to Gandhi's comments that the BJP claims t
Pakistan Tehreek-e-Insaf party founder Imran Khan was on Monday acquitted in three high-profile cases, including the cipher case, in a major relief to the beleaguered former prime minister who was sentenced to 10 years in jail for making public a secret diplomatic communication. The 71-year-old former cricketer-turned-politician has been in jail since August last year after being convicted in some of the nearly 200 cases slapped on him since his ouster in April 2022. On Monday, a two-member bench of the Islamabad High Court (IHC) comprising Chief Justice Aamer Farooq and Justice Miangul Hassan Aurangzeb acquitted Khan and former foreign minister Shah Mahmood Qureshi in the cipher case. However, the duo are not expected to be released from prison due to Khan's sentence in the Iddat case (illegal marriage) while Qureshi was arrested in a case linked to the May 9 violence. Qureshi is on physical remand till June 5. Khan and Qureshi were sentenced to 10 years of imprisonment in the cip