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Legal Era
From Legal Era
US based Rosen Law Firm to initiate class action lawsuit against HDFC Bank
US-based investor rights law firm Rosen Law Firm has announced an investigation of potential securities claims on behalf of shareholders of HDFC Bank following allegations that the bank may have...
SEBI appoints G P Garg as Executive Director
The Securities and Exchange Board of India (SEBI) has appointed G.P. Garg as an Executive Director. He took charge as the Executive Director on Friday.According to a SEBI statement, prior to his...
SC cancels interim bail for ex-Unitech promoters
The Supreme Court declined to grant bail to Sanjay Chandra and Ajay Chandra, erstwhile promoters of real estate company Unitech, who were arrested in 2017 for cheating homebuyers. The top court also...
SEBI fines SBI, LIC, BoB for violation of mutual fund norms
The Securities and Exchange Board of India (SEBI) imposed penalties of Rs. 10 lakh each on the State Bank of India (SBI), the Life Insurance Corp of India (LIC) and the Bank of Baroda (BoB) for...
SC asks Centre to expedite the appointment of NGT members
The Supreme Court has asked the Centre to expedite the process of the appointment of judicial and expert members to the National Green Tribunal (NGT).A bench comprising Justices A M Khanwilkar, Dinesh...
Delhi HC junks plea seeking EIA notification in multiple languages
The Delhi High Court turned down an application seeking the court’s direction to the government to publish the draft Environmental Impact Assessment (EIA) 2020 notification in multiple languages in...
IMA, legal experts call NDHM ‘absolutely unnecessary’
The Indian Medical Association (IMA) and legal experts have raised a red flag over the National Digital Health Mission (NDHM), launched by Prime Minister Narendra Modi on the occasion of the 74th...
Germany launches new antitrust probe into Amazon
Germany’s competition watchdog has begun a fresh investigation into whether the ecommerce giant Amazon is abusing its dominant market position in the country.In an interview with the German media...
Delhi HC may resume physical courts from Sept 1, if Covid situation improves
The Delhi High Court has decided to continue with restricted functioning till August 31, in the backdrop of the on-going Covid-19 pandemic. However, if the situation improves, a plan would be evolved...
ED files plaints on 2 ex-officials of insurance firm, ICICI Bank
The Enforcement Directorate (ED) filed prosecution complaints against former officials of state-run Oriental Insurance Company and privately-run ICICI Bank for their alleged involvement in money...
DIF Capital Partners to acquire a stake in European railcar leasing company Touax Rail with the assistance of J. Sagar Associates
J. Sagar Associates (JSA) advised DIF Capital Partners ("DIF") on the acquisition, through its DIF Core Infrastructure Fund II, of a 49% stake in Touax Rail Limited ("Touax Rail"), a member of the...