A U.S. judge has ruled that JPMorgan Chase & Co. can proceed with its lawsuit against former executive Jes Staley, holding him accountable for allegedly concealing information about financier Jeffrey Epstein. The ruling, made by U.S. District Judge Jed Rakoff in Manhattan, signifies that Staley, the former CEO of Barclays Plc, may face significant financial …
In a bid to bolster the reputation of UAE manufacturers and fortify the competitive edge of UAE exports in global markets, the United Arab Emirates (UAE) Government has implemented new regulations governing the usage of the coveted “Made in the Emirates” mark. Introduced under the “Make it in the Emirates” initiative launched in 2021, these …
In a commendable effort to combat social evils and foster change within the community, the District Legal Services Authority (DLSA) Srinagar, in collaboration with the Govt. Hr. Sec. School (GHSS) Khanyar Srinagar, organized a comprehensive awareness programme. This initiative, carried out under the guidance of Chairman DLSA, Jawad Ahmed, aimed to educate and empower individuals …
In a recent ruling, the Kerala High Court declared that the possession of a live cartridge without the accompanying firearm does not constitute an offense under the Arms Act. The court’s decision stemmed from a case where a businessman from Maharashtra, holding a valid arms license within his state, was found with a single live …
In a significant ruling, a Mumbai Sessions Court has emphasized that engaging in sex work itself is not a criminal offense. The court ordered the release of a 34-year-old alleged sex worker from a shelter home, setting aside a magistrate’s decision to detain her for a year under the Immoral Traffic (Prevention) Act. Additional Sessions …
In a recent ruling, the Kerala High Court emphasized that bail bonds cannot be cancelled after the transfer of a case without providing notice to the accused and their sureties. The court held that when a case is transferred to another court, the transferor court must issue a notice to the concerned parties, failing which …
The Delhi High Court, in a recent ruling on a Public Interest Litigation concerning the delisting of securities without adequate safeguards for investors, declared that existing statutory provisions sufficiently protect the interests of investors. The court emphasized that the legal framework provides a transparent and comprehensive mechanism to address delisting procedures and offers remedies to …
Robust Mechanism for Investor Protection Unnecessary, Affirms Delhi High Court Read More »
In a recent landmark decision, the Supreme Court has determined that credit notes issued by manufacturers to dealers constitute valuable consideration within the definition of a sale. Consequently, such transactions are now subject to sales tax under the respective State enactments. A three-judge bench, comprising Justice K. M. Joseph, Justice B. V. Nagarathna, and Justice …
The Calcutta High Court, in a recent ruling, emphasized that Section 9 of the Arbitration and Conciliation Act should not be narrowly interpreted to apply solely to foreign arbitration proceedings before or during arbitration. The Division Bench, consisting of Justices Harish Tandon and Prasenjit Biswas, held that Section 9 remains applicable even after the issuance …
In a recent development, the Bar Council of India (BCI) has informed the Delhi High Court that, according to the information available to them, only the Bar Council of Delhi (BCD) has made domicile in the State mandatory for the enrolment of law graduates as advocates. This revelation came as part of an affidavit filed …
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