Source – latestly.com The Supreme Court Thursday partially stayed the Bombay High Court order allowing shifting of HDIL promoters Rakesh Wadhawan and Sarang Wadhawan, accused in the multi-crore Punjab & Maharashtra Cooperative Bank (PMC) scam, from Mumbai’s Arthur Road Jail to their residence. A bench headed by Chief Justice S A Bobde took note of
Source – freepressjournal.in Mumbai: Putting an end to a 17 years old litigation, the Bombay High Court last week upheld the acquittal of a Pune police officer, who was booked for using ‘third-degree’ interrogation on an informer, who later on died. A bench of Justice Kalpathi Sriram acquitted Chiraguddin Tamboli (50), who was acquitted by
Source – newindianexpress.com MUMBAI: Media firm NDTV’s promoters Prannoy Roy and Radhika Roy have moved the Bombay High Court, challenging a show-cause notice issued to them by the Securities and Exchange Board of India (SEBI) in 2018 for alleged violation of insider trading regulations. The court, while stating that it will pass orders on January
Source – indianexpress.com The Bombay High Court on Thursday dismissed petitions filed by depositors of the Punjab and Maharashtra Cooperative (PMC) Bank seeking removal of restrictions on withdrawals imposed by the Reserve Bank of India (RBI), following crisis in the bank over the last few months. The current withdrawal limit for depositors is Rs 50,000,
Source – business-standard.com Chanda Kochhar, ICICI Bank’s former managing director and chief executive officer, has moved the Bombay High Court, challenging the decision of the bank’s board earlier this year to terminate her employment and claw back the bonuses and stock options she received between April 2009 and March 2018. A division Bench of the
