Articles for tag: BCCI, Byjus, Court, Crore, Delays, Disputes, Drama, Financial, Fueling, insolvency, Proceedings, Settlement, Supreme

September 6, 2024

Supreme Court delays insolvency proceedings against Byju’s amid disputes over a ₹158.9 crore settlement with BCCI, fueling financial drama.

The Supreme Court has agreed to hear an appeal from Glas Trust Company LLC, a US creditor, regarding a recent NCLAT judgment that paused insolvency proceedings against Byju’s, the prominent ed-tech firm. This decision comes after NCLAT approved a Rs 158.9 crore settlement with the BCCI over outstanding sponsorship payments. Byju’s lawyers argue the petition ...

September 5, 2024

Market News

Business

Sahara Group faces urgent Supreme Court directives to deposit ₹1,000 crore or risk losing valuable Mumbai land in ongoing legal turmoil.

The Supreme Court has ordered the Sahara Group to deposit Rs 1,000 crore into an escrow account within 15 days and is allowing them to form a joint venture to develop their Versova land in Mumbai. This is part of a broader effort to ensure the return of Rs 10,000 crore to investors, as mandated ...

September 4, 2024

Market News

Business

Supreme Court Demands Clarity as Sahara’s Investor Refund Saga Continues

The Supreme Court has instructed the Sahara Group to provide details about its officials and current shareholders, as well as a list of properties that can be sold to raise Rs 10,000 crore. This amount is needed for returning investors’ money, following a court order from August 2012. The court, which has been addressing this ...

September 4, 2024

Market News

Business

Supreme Court Faces West Bengal’s Defiance Amid Doctor’s Brutal Murder Outcry

The Central Government has approached the Supreme Court, accusing the West Bengal government of “unpardonable” non-cooperation in supporting the CISF’s security efforts at RG Kar Medical College, following the tragic rape and murder of a trainee doctor. The Home Ministry claims that the state government’s actions indicate a systemic issue and is seeking action against ...

May 17, 2024

Market News

Today’s Current Affairs Of India

Justice AS Bopanna Bids Farewell to Supreme Court: Current Affairs Question and Answers

Today’s Current Affairs: Justice AS Bopanna bids farewell to Supreme Court Justice AS Bopanna, who is set to demit office on May 19, bid farewell to the Supreme Court on his last working day at the apex court. The Supreme Court Bar Association organized a farewell ceremony attended by Chief Justice of India (CJI) DY ...

May 17, 2024

Market News

Today’s Current Affairs Of India

Will Hemant Soren be granted interim bail by the Supreme Court? | Current Affairs Question and Answers

Today’s Current Affairs: Supreme Court lists Hemant Soren’s plea challenge The Supreme Court has listed former Jharkhand Chief Minister Hemant Soren’s plea challenging his arrest in a money-laundering case before a vacation bench that will sit during the upcoming Summer break. A Bench of Justices Sanjiv Khanna and Dipankar Datta did not grant interim bail ...

May 17, 2024

Market News

Today’s Current Affairs Of India

Supreme Court Rules State Must Follow Proper Procedure for Acquiring Property: Current Affairs Question and Answers

Today’s Current Affairs: Supreme Court of India made a significant ruling to protect private property from arbitrary state takeover. The court emphasized the importance of following mandatory procedures for compulsory acquisition and granting fair compensation to owners. The judgment highlighted the right to property as a constitutional and human right, stressing the need for proper ...

May 16, 2024

Market News

Today’s Current Affairs Of India

Kapil Sibal Elected President of Supreme Court Bar Association: Current Affairs Questions and Answers

Today’s Current Affairs brings exciting news as Senior Advocate Kapil Sibal emerges as the new president of the Supreme Court Bar Association after securing a total of 1,066 votes in the election. This victory marks a significant milestone in Sibal’s career, as he previously held this position in 2001-02 and has a rich history of ...

May 16, 2024

Market News

Today’s Current Affairs Of India

Supreme Court Responds to ED’s Objection: Current Affairs Question and Answers on Kejriwal’s Jail Remark

Today’s Current Affairs: Delhi CM Arvind Kejriwal Faces Money Laundering Charges The Enforcement Directorate is set to file a prosecution complaint against Delhi Chief Minister Arvind Kejriwal and the Aam Aadmi Party in a money laundering case related to an alleged excise policy scam. Kejriwal was granted interim bail last week until June 1 for ...

May 16, 2024

Market News

Today’s Current Affairs Of India

Supreme Court’s Decision on Arvind Kejriwal Bail: No Exception – Current Affairs Question and Answers

Today’s Current Affairs: Supreme Court Upholds Arvind Kejriwal’s Bail Amid Criticism The Supreme Court reiterated that Delhi Chief Minister Arvind Kejriwal’s interim bail is not an exception, despite government criticism. The court’s decision, seen as a boost for the Aam Aadmi Party during elections, emphasized the importance of democracy and the rule of law. Stay ...