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DISQUALIFICATION OF TRUSTEES
Tata Trusts to amend Bai Hirabai Trust deed, trustee eligibility clauses under reviewTata Trusts trustees will seek to change rules in the Bai Hirabai Trust deed. These rules previously barred non-Zoroastrians from becoming ...- Tata Trusts row deepens as vice-chairmen allege concealment, forced resignationTata Trusts is in the spotlight as CEO Siddharth Sharma demands the resignation of vice-chairmen Venu Srinivasan and Vijay Singh. The two m...
- SC to hear Vedanta's stay plea against Adani's Jaiprakash Associates takeoverVedanta, owned by Anil Agarwal, had outbid Adani Group in one of the largest and most keenly tracked insolvency cases in the country. The c...
- $15 billion investment: Google to kick off data centre project on April 28So far, Google and its subsidiaries have data centres in 11 countries - the United States, Taiwan, Japan, Singapore, Ireland, the Netherlan...
- Religion is no disqualification for trustees: Tata Trusts noteTata Trusts has opened its doors wider, confirming that non-Zoroastrians are eligible to serve as trustees of the Bai Hirabai JN Tata Navsa...
- Tata Trusts row deepens as Venu Srinivasan exits Bai Hirabai Trust amid eligibility challengeVenu Srinivasan has resigned from the Bai Hirabai Jamsetji Tata Navsari Charitable Institution. This move follows a dispute over his eligib...
- Riju Ravindran moves NCLT, alleges GLAS Trust has no authorisation to represent its US-based lendersIn his petition, Ravindran has alleged that GLAS Trust has "fraudulently represented itself to be a financial creditor" and has requested t...
- Maharashtra extends deadline for submission of audited accounts by charitable trustsMaharashtra: The deadline for filing audited accounts for specified trusts in Maharashtra state is extended to December 31, 2024. "If trust...
- Pak anti-corruption court indicts Imran Khan, his wife Bushra in Toshakhana caseThe case is about allegations that Khan failed to deposit £190 million (about Rs60 billion) given by the British government. He instead all...
- PIL filed in Bombay HC against provision in Constitution allowing split, merger of political partiesA public interest litigation (PIL) has been filed in the Bombay High Court seeking that a paragraph providing for the "split and merger" of...
- SC allows Adani Ports to withdraw plea against HC order backing JNPTThe division bench of Justice MR Shah and Justice Krishna Murari, while allowing the withdrawal, noted that Adani Ports & SEZ shall have no...
- Adani Ports moves Supreme Court against Bombay HC ruling in JNPT caseSenior Advocate Abhishek Manu Singhvi, appearing for BSE-listed Adani Ports & SEZ, informed the top court that there was extreme urgency in...
- Bombay HC dismisses Adani Port & SEZ’s plea against JNPA in bid disqualification caseAdani Ports & SEZ was one of the companies that had shown interest under a global tender issued by the Jawaharlal Nehru Port Authority (JNP...
- Sebi nudges MCA for exemption to nominees of debenture trusteesIn the recent past, there have been instances where the directors appointed by debenture trustees have been disqualified from holding any d...
- Adani Ports & SEZ moves HC against disqualification from JNPA tenderThe private company was disqualified by JNPA from a tender process to privatise the state-run port authority's container handling facility ...
- Homebuyers, MSMEs may get IBC reliefThe ordinance will make homebuyers financial creditors as the amounts raised from them under a real estate project would count as commercia...
- Courts can take cognisance of Indian's conviction abroad: Bombay High CourtHowever, such a conviction will not be automatically binding upon the courts or authorities in India while they are exercising their judici...
- Bankrupt people may be barred from contesting electionsThe Joint Committee of Insolvency and Bankruptcy Bill headed by BJP MP Bhupender Yadav has recommended several disqualifications.
- Fuss over conflict of interest in judiciaryA judge must consider it his or her duty not only to observe high standards of conduct but also to participate in collectively establishing...
- EC to send common opinion to Kalam on office-of-profit issueThe EC has said it would send a common opinion to him on a bunch of disqualification petitions against Members of Parliament pending before...
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