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Cyrus Investments and Sterling said in their petition that although NCLAT acknowledged oppression of minority shareholder in removing Mistry as executive chairperson of Tata Sons and had reinstated Mistry to that position, it failed to grant certain crucial reliefs to the firms. … [Read more...] about SC issues notices to Tata in Mistry’s cross-appeal case

“The Prime Minister (PM) appoints the President of India, he is the principal player in the appointment of the Vice-President of India. He is a player in the appointment of the judges of the Supreme Court and the High Court now. The PM appoints the Army Chief, the Air Chief, the Defence Staff, the Finance Minister, the Defence Minister. The people of India trust the Prime Minister to ensure the sanctity, integrity and security of India. You all know the PM has the nuclear button in his hand. The Prime Minister can be trusted for working so many things of the country but the Prime Minister assisted by the Law Minister cannot be trusted to appoint a fair objective judge. That is too sweeping a comment about which I have serious reservation,” the Law Minister added. … [Read more...] about Law Minister rakes up SC verdict quashing NJAC

“The reported spat yesterday between the Solicitor General and a former minister is a new low in the rapidly declining quality of Court room discourse . The Solicitor general has no purpose or right to interrogate a Senior Counsel wishing to assist the court in a matter of overarching public interest as to his contribution to the cause,” former Law Minister Ashwani Kumar said in a statement. … [Read more...] about Congress hits out at SG for remarks in SC in migrants case

The CBI court hearing charges against Hooda and others in the Manesar land release case had stopped short of framing charges after the accused filed discharge applications disputing CBI’s move to bring into play Section 13 (1) (d) of Act which was repealed in 2018 when the law was amended by the Parliament. The court has not been able to frame charges against the accused and commence trial despite the fact that arguments on the charges got concluded in February. … [Read more...] about Delhi HC ruling on repealed graft law provision may affect CBI case against Hooda

“Over time, people get nervous, and think that this place may not be, my money may not be, as safe as it once was, and I’m going to think about going somewhere else,” said William Reinsch, senior adviser at the Center for Strategic and International Studies. “It sends a signal that Hong Kong is no longer a safe and reliable place to put your money or to do business.” … [Read more...] about Hong Kong’s business hub status imperiled by security law