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SUPREME COURT RESERVATION RULING
Kotak Mutual Fund halts subscriptions in two Yes Bank AT-1 bond schemes after SC orderKotak Mahindra Mutual Fund suspended subscriptions in two debt schemes holding Yes Bank AT1 bonds after the Supreme Court overturned their ...- Karnataka to move SC against HC ruling on SC/ST quota increaseThe Karnataka Cabinet has decided to file a special leave petition in the Supreme Court. This petition aims to challenge the recent High Co...
- YES Bank examining SC ruling on Rs 8,415 crore AT1 bond write-offYES Bank is currently reviewing the Supreme Court decision that overturned its AT1 bond write-off. This ruling follows the Bombay High Cour...
- 'Massive blow to Congress' appeasement politics': BJP after Supreme Court's conversion rulingThe Supreme Court recently upheld a Madras High Court ruling on backward reservation benefits for converts. It stated that backwardness can...
- Supreme Court upholds Bombay HC ruling quashing YES Bank's Rs 8,415 crore AT1 bond write-offThe Supreme Court has confirmed the Bombay High Court's verdict that invalidated YES Bank's write-off of AT1 bonds totaling Rs 8,415 crore,...
- Yes Bank shares nosedive 20% after SC declares Rs 8,415 crore AT-1 bond write-off illegalIn a pivotal decision, India's Supreme Court declared that the write-off of Yes Bank's 84 billion rupee AT-1 bonds is unlawful, causing a s...
- Hindus who convert to another religion can't claim reservation: SC upholds Madras HC order on quotaThe Supreme Court has dismissed the Tamil Nadu government's plea challenging a Madras High Court order on reservation for converts to Islam...
- UP Panchayat Polls to be held under existing 27% OBC quota: Allahabad HCThe Allahabad High Court has directed the Uttar Pradesh government and the State Election Commission to complete gram panchayat elections w...
- SC likely to hear Rahul Gandhi, INDIA bloc leader’s plea against ECI’s SIR decisions tomorrowThe Supreme Court is likely to hear a petition filed by Rahul Gandhi and 12 other INDIA bloc leaders challenging the Election Commission’s ...
- US Supreme Court agrees to hear watchdog lawsuit seeking records on Elon Musk's DOGEThe US Supreme Court has agreed to hear a lawsuit concerning public records about Elon Musk's Department of Government Efficiency. Citizens...
- When SC expedited counting in Uttarakhand bodies ahead of 2027 assembly electionsSiroli Kalan has transitioned from a revenue village to an urban local body in Uttarakhand. The ruling BJP encountered significant politica...
- Karnataka Cabinet to decide on appeal against High Court ruling on SC/ST quotaThe Karnataka Cabinet will review the High Court's ruling that annulled the increased SC/ST reservation in college admissions. This law rai...
- Chewing gum is not an eatable item says Gujarat HC: Bubble gum is not swallowed hence it attracts higher 12.5% tax, rules courtGujarat High Court has ruled that chewing gum cannot be classified as an edible sweet or sweetmeat under state Value Added Tax provisions b...
- Karnataka HC strikes down enhanced SC/ST quota provisions, cites 50% ceilingThe Karnataka High Court annulled provisions of a 2022 law that raised reservation quotas for SCs and STs. This decision ruled that the enh...
- No ruling yet on revised Form 6, says Supreme CourtThe Supreme Court clarified that it has neither approved nor disapproved the Election Commission's revised Form 6. The court explained that...
- After Madhya Pradesh High Court nixes 27% OBC quota, Congress says party will challenge verdict in Supreme CourtCongress leaders in Madhya Pradesh have announced their intention to appeal the High Court ruling on OBC reservation. They criticized the B...
- In 2005, a US couple sold their farm during bankruptcy, IRS sent them a tax bill, Supreme Court settled who paysThe case, Hall v. United States, involved Lynwood and Brenda Hall, who filed for bankruptcy under Chapter 12 of the US Bankruptcy Code in A...
- High Court nixes 27 pc OBC reservation in Madhya Pradesh, restores pre-2019 quota of 14 pcThe Madhya Pradesh High Court has recently deemed the 2019 OBC reservation law unconstitutional, reinstating the reservation rate to 14 per...
- Higher EPS pension: Pensioners seek PM Modi’s intervention over EPFO's stance on higher pension casesEPS pension: In a recent letter to Prime Minister Modi, the National Confederation of Pensioner Associations highlighted critical issues wi...
- Electricity subsidy for existing businesses is taxable, Supreme Court rulesThe Supreme Court recently ruled that electricity subsidies granted under the Income Tax Act are subject to taxation as revenue receipts. T...
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