Page 234 - Supreme Court

After CEC, will there also be a change in how judges are appointed?

The govt may now come back with a modified version of the NJAC bill whereby the practice of judges appointing themselves is stopped

Supreme Court forms an expert committee to probe Adani allegations

Sebi told to investigate stock manipulation charges against group

Meet the members of SC-appointed panel on Adani Group share crash

The committee is also tasked with assessing if there has been regulatory failure and to suggest measures to strengthen the framework

Panel of PM, CJI and Opposition leaders to pick poll commissioners: SC

The bench noted that several political parties had come to power but none framed a law/process for appointments to the ECI

Supreme Court ruling will play key role in free and fair elections: Oppn

Opposition parties on Thursday welcomed the Supreme Court's ruling on the appointments of the Chief Election Commissioner and election commissioners, saying the landmark judgment would pave the way for free and fair elections in the country. The Supreme Court on Thursday ruled that the appointments of the Chief Election Commissioner and election commissioners will be done by the President on the advise of a committee comprising the Prime Minister, Leader of Opposition in the Lok Sabha and the Chief Justice of India. "Welcoming the historic Supreme Court verdict on Election Commission. Insulating EC from Government influence & dependence will secure the integrity of the electoral process. A truly Independent EC alone can fulfill the Constitutional mandate of conducting free and fair elections," Congress leader Anand Sharma said on Twitter. West Bengal Chief Minister Mamata Banerjee said the verdict is a victory of democracy. "Supreme Court's landmark order is a democratic victory! .

"Truth will prevail" Gautam Adani welcomes SC order on Hindenburg probe

Gautam Adani on Thursday welcomed the SC order of a time-bound probe into allegations levelled by Hindenburg Research against his group, saying this will bring finality and truth will prevail. >

Derek O'Brien applauds SC judgement on the appointments of the CEC and ECs

The "Extremely Compromised EC" can now become "Extremely Competent EC", TMC MP Derek O'Brien said on Thursday, reacting to a Supreme Court ruling on the appointments of the Chief Election Commissioner and election commissioners. The Supreme Court on Thursday ruled that the appointments of the Chief Election Commissioner and election commissioners will be done by the President on the advise of a committee comprising the Prime Minister, Leader of Opposition in the Lok Sabha and the Chief Justice of India. "HUGE. So Extremely Comprised (EC) can again strive to become Extremely Competent (EC)," O'Brien said in a tweet. A five-judge Constitution bench of the Supreme Court, headed by Justice KM Joseph, also made an appeal to the Parliament and the Union of India to constitute a separate and independent secretariat for dealing with the expenditure of the Election Commission of India to cut it from any financial obligation to the government.

Adani-Hindenburg row: SC order a 'tight slap' on Modi govt, says AAP

The Aam Aadmi Party said Thursday the Supreme Court's order for setting up a committee to look into various regulatory aspects of the stock markets, including the recent Adani Group shares crash, is a "tight slap" on the Modi government. "This has today proved that the Modi government is corrupt and useless," AAP national spokesperson Sanjay Singh said at a press conference. The apex court on Thursday ordered the setting up of a six-member committee headed by former top court judge A M Sapre to investigate the recent Adani Group shares crash triggered by the Hindenburg Research's fraud allegations and other regulatory aspects related to the stock markets. A bench of Chief Justice D Y Chandrachud and justices P S Narasimha and J B Pardiwala said the panel will make an overall assessment of the situation, suggest measures to make investors aware and strengthen the existing regulatory measures for the stock markets. The bench also directed the Centre, financial statutory bodies and th

Supreme Court asks Sebi to check on Adani's related party transactions

The Supreme Court of India also ordered the formation of an investor-protection panel amid sharp falls in the Adani group's shares

SC order on Hindenburg issue: Truth will prevail, says Gautam Adani

Embattled tycoon Gautam Adani on Thursday welcomed the Supreme Court order of a time-bound probe into allegations levelled by Hindenburg Research against his group, saying this will bring finality and truth will prevail. Shortly after a bench headed by Chief Justice D Y Chandrachud passed the order, Adani tweeted: "The Adani Group welcomes the order of the Hon'ble Supreme Court. It will bring finality in a time bound manner. Truth will prevail." The Supreme Court on Thursday asked markets regulator Sebi to complete an investigation into US short-seller Hindenburg's allegations against Adani Group within two months. It also ordered constituting an expert committee to review regulatory mechanism in view of the rout in share prices of Adani firms triggered by the Hindenburg allegations.

CEC, ECs to be appointed by Prez on advice of PM, Opposition leader, CJI

A Constitution Bench comprising Justices KM Joseph, Ajay Rastogi, Aniruddha Bose, Hrishikesh Roy, and CT Ravikumar said this practice will continue until a law in this regard is made by the Parliament

Election commissioners to be appointed by PM, opposition leader, CJI: SC

Justice KM Joseph, while reading the judgement, said that this will be followed until the Parliament comes up with a law in this regard

Adani-Hindenburg case: Supreme Court sets up expert committee for probe

The committee consists of OP Bhat, JP Devdatt, Nandan Nilakeni, KV Kamath, and Somasekharan Sundaresan as the members. Former SC judge AM Sapre will lead the panel

SC decision on Adani-Hindenburg probe panel today: 5 things you must know

On February 17, the Centre had told the apex court that they would submit their suggestions for the proposed panel in a sealed cover, but the court refused to accept it

Adani-Hindenburg row: SC to pronounce order on panel of experts on Thursday

The Supreme Court is scheduled to pronounce on Thursday its order on a batch of PILs on the recent Adani Group shares crash triggered by the Hindenburg Research's fraud allegations. A bench of Chief Justice D Y Chandrachud and Justices P S Narasimha and J B Pardiwala is likely to deliver its verdict over setting up of a panel of domain experts for strengthening existing regulatory measures for stock markets. While reserving its order, the top court on February 17 had refused to accept in a sealed cover the Centre's suggestion on a proposed panel of experts. Observing that it wanted full transparency for protection of investors, the top court had also ruled out the possibility of any sitting judge overseeing the functioning of the proposed panel. Stressing that statutory bodies like market regulator Securities and Exchange Board of India (SEBI) are fully equipped and are on job, the central government had expressed apprehension that any unintentional message to the investors that ..

SC directs to provide Z-plus security to Mukesh Ambani, family members

The Supreme Court has directed to provide the highest level Z-plus security to industrialist Mukesh Ambani and his family members all across India and abroad. A bench of Justices Krishna Murari and Ahsanuddin Amanullah said it was of considered opinion that if there is a security threat, the security cover cannot be restricted to a particular area or place of stay. Highest Z+ Security Cover provided to respondent nos. 2 to 6 (Ambanis) shall be available all across India and the same is to be ensured by the State of Maharashtra and Ministry of Home Affairs. Highest Level Z+ Security Cover, as per the policy of Government of India, be also provided, while respondent nos. 2 to 6 are travelling abroad and the same shall be ensured by the Ministry of Home Affairs, the bench said. The top court said the entire expenses and cost of providing Z+ security cover to Ambanis within the territory of India or abroad shall be borne by them. It said that looking into the business activities of ..

Held in graft cases, Sisodia, Jain quit Arvind Kejriwal's Cabinet

SC refuses to entertain bail plea of Sisodia; Jain already in jail for months

Punjab governor has summoned the house to call the budget session, SC told

The Supreme Court was informed on Tuesday that the Punjab Governor by an order has summoned the house for the budget session on March 3.

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Excise policy case: SC refuses to entertain bail plea of Manish Sisodia

The Supreme Court on Tuesday refused to entertain the bail plea of Delhi Deputy Chief Minister Manish Sisodia, who is in CBI custody in connection with the excise policy case. "We are not inclined to entertain the petition under Article 32 at this stage," a bench comprising Chief Justice D Y Chandrachud and Justice P S Narasimha said. The bench observed that just because the incident has happened in Delhi, Sisodia cannot come to the apex court directly as he has his remedies before the trial court concerned as well as the Delhi High Court. Senior advocate A M Singhvi, appearing for Sisodia, questioned the need of arresting the AAP leader saying policy decisions were taken at different rung and moreover, no money was recovered. He also said that the Lieutenant Governor was also part of the policy decision in the excise policy. As the apex court observed that it would not entertain the plea at this stage, Singhvi withdrew it.