Article on February 10, 2021
Supreme Court Dismisses PIL Seeking Guidelines Against Recovery Agents of Government Banks and Microfinance Institutions.
The three-judge bench of Justice R.F. Nariman, Justice Hemant Gupta and Justice B.R. Gavai asked the petitioners to withdraw the plea and said that they can make a representation to the concerned ministry to redress their grievances.Read More
Calcutta High Court Refuses to stay BJP Parivartan Yatra in West Bengal
In the PIL, the petitioner seeks an interim stay until February 11 on the Parivartan Yatra, alleging that Yatra could exacerbate the Corona epidemic in Bengal and affect the situation of law and order.Read More
Supreme Court Rejects Plea of a Seaman for Disability Compensation on Account of Heart Ailment
The work of the petitioner included engine cleaning, plate cleaning, filing of chemicals and acid in pipelines etc. which are dangerous to health.Read More
No Action to Be Taken by Government Against Mahua Moitra’s Parliament Speech
Union Parliamentary Affairs Minister Pralhad Joshi had said the action would come under a rule that says that a member "shall not reflect upon the conduct of persons in high authority unless the discussion is based on a substantive motion drawn in proper terms.Read More
Andhra Pradesh HC Restraines State Election Commission From Using Mobile Application e-Watch for Upcoming Gram Panchayat Elections in AP
E-Watch was launched for reporting violations of Model Code of Conduct and to curb malpractices during the upcoming Panchayat elections in the State. Necessary Security Audit Certification is yet to be obtained and without such certificate, it will be impermissible for the State Election Commission to use the Application: said the petitionerRead More
HCBA Resolves to Boycott Justice Rajiv Gupta's Court for Allegedly Misbehaving and Dismissing Cases Without Proper Hearing.
This resolution was passed in a meeting presided by Vice President, Azeem Ahmed Azmi, and Secretary Prabha Shanker. During the meeting, it was alleged that the court of Justice Rajiv Gupta has been dismissing cases without hearing the parties and no time period was given.Read More
Deal Closed | Veritas Legal | Svas Med Private Limited.
Veritas Legal acted for and advised Nova Medical Centers Private Limited. Conducting due diligence on Svas Med Private Limited. Drafting and negotiating transaction documents.Read More
LegaLogic Advises Go Digit on US$ 18.4 Mn. (~ INR 135 Crores) Investment Round from Existing Investors
LegaLogic was the sole legal counsel for Go Digit Insurance and advised on the deal documentation.Read More
High Court Dismisses FIR Against Unocoin
It all started in mid-October 2018 when a snap of Unocoin's kiosk went viral on social media for all the wrong reasons. Post this, various key media firms also ran stories on this incident and the brand. By the end of the month, the organization and this event were all over the news and buzz had been generated everywhere especially in the crypto community industry.Read More
A Securities Market Code on the Anvil for New India
The paradigm shift in the regulatory and operational framework necessitates a more thorough review and critical analysis of such reforms. And just like with the experiences of the Insolvency & Bankruptcy Code, once past the initial hiccups, the Securities Market Code with SEBI as the Super Regulator might go a long way in simplification of securities laws towards steady development & enhanced integrity of the securities and capital markets and protection of investor interests. An area to be eagerly watched out for.Read More