Supreme Court
Latest news, explainers and analysis on Supreme Court. Tracking 8 stories on Arth Vani.
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Latest on Supreme Court
BreakingCentre Challenges High Court's Ruling on Income Tax Act Section 147A in Supreme Court
The Indian government has approached the Supreme Court to challenge various High Court decisions that struck down Section 147A of the Income Tax Act. This legal battle concerns the validity of reassessment proceedings initiated after April 1, 2021, creating uncertainty for taxpayers who have received such notices.
BreakingSC Orders RBI to Enforce Strict Vehicle Loan Repossession Rules; NBFC CIFCL Fined
India's Supreme Court has directed the Reserve Bank of India (RBI) to strictly enforce guidelines on vehicle loan repossessions, emphasizing the need for fair and transparent procedures. This directive comes after CIFCL, an NBFC, faced a penalty for non-compliance, signaling enhanced scrutiny on lenders.
Fortis Healthcare May Appeal Delhi HC Ruling in Daiichi Sankyo Case
Fortis Healthcare is reviewing a Delhi High Court order for a forensic audit concerning the Daiichi Sankyo arbitration case. The ruling could lead to a significant contingent liability, potentially requiring Fortis to pay compensation, prompting consideration of an appeal to the Supreme Court.
US Supreme Court Upholds ₹391 Crore FCC Fine Against Verizon in Data Privacy Case
The US Supreme Court has rejected telecom giant Verizon's bid to reclaim a ₹391.2 crore fine imposed by the Federal Communications Commission (FCC). The fine was levied for Verizon's alleged unlawful sharing of customer location data without proper consent, a decision that underscores global emphasis on data privacy.
BreakingEPS Pension Hike Demand: Rs 1,000 to Rs 7,500 Minimum Pension?
Pensioners are pushing for a significant increase in the minimum Employees' Pension Scheme (EPS) pension, from the current ₹1,000 to ₹7,500 per month. The government has assured that existing pensions are adequately funded and is committed to social security, but emphasizes fund sustainability.
BreakingHomemakers' Work Valued at ₹30,000 Monthly: Higher Payouts for Road Accident Victims
A landmark Supreme Court ruling has set a ₹30,000 monthly benchmark for unpaid household work, acknowledging the economic value of homemakers. This decision is set to significantly boost the compensation families receive in motor accident insurance claims.
Deccan Gold Mines Hits All-Time High After Landmark Supreme Court Ruling
Shares of Deccan Gold Mines surged 20% to reach a record high following a favorable Supreme Court order regarding its Ganajur project. The court upheld the company’s legacy mining rights, exempting them from the newer auction mandates.
Supreme Court Empowers SEBI to Penalize Market Fraud Even Without Quantifiable Losses
The Supreme Court has ruled that SEBI can penalize market manipulators based on the 'injury' caused to investors, even if the exact financial loss cannot be calculated. This landmark decision simplifies the legal framework for punishing fraud in the Indian stock market.
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