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Author: Legal Parivar
M/S. Divgi Metal Wares Ltd. Versus M/S. Divgi Metal Wares Employees Association & Anr. : Read Full Judgment The case involves a legal dispute between M/S. Divgi Metal Wares Ltd. (the appellant), a company manufacturing automobile gears, and M/S. Divgi Metal Wares Employees Association & Anr. (the respondents), a trade union representing the company’s workers. The dispute revolves around the transfer of employees from one factory to another within the company. Initially, the company’s Standing Orders, certified on 03.07.1989, allowed for the transfer of employees within the same unit or establishment. However, in 1999, modifications were made to the Standing…
Saree Sansar v. Govt. of NCT of Delhi & Ors. : Read Full Judgment The case of Saree Sansar v. Govt. of NCT of Delhi & Ors. revolves around a dispute regarding the levy of sales tax on silk fabrics by the Government of Delhi. The appellant contested a judgment by the Delhi High Court that upheld an assessment order charging sales tax at a rate of 12% for the period between 15th January 2000 and 31st March 2000. The appellant argued that under the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (ADE Act), silk sarees fell…
Read Full Judgment Introduction: The case under scrutiny, Civil Appeal nos.1628-29 of 2021, before the Supreme Court of India, revolves around the judicial review of environmental protection notifications issued by the Ministry of Environment, Forest and Climate Change (MoEF&CC). At its core, the appeal challenges the legality and procedural validity of certain provisions within the notifications, particularly focusing on exemptions granted for specific activities under the Environment (Protection) Act, 1986 (EP Act). This detailed analysis aims to delve into the intricacies of the case, examining the background, key provisions, scope of adjudication, challenges raised, findings, and the eventual conclusion. Background:…
In a significant ruling on Friday, the Supreme Court annulled the Delhi High Court’s directive instructing news platform “The Bloomberg” to remove its allegedly defamatory article concerning Zee Entertainment Enterprises Limited. Chief Justice of India DY Chandrachud, along with Justices JB Pardiwala and Manoj Misra, highlighted that the trial courts’ ex parte interim injunctions failed to adequately apply the three-fold test required for granting temporary injunctions. Emphasizing the importance of judicial scrutiny tailored to the specifics of each case, the bench criticized the high court’s failure to assess the factual basis for establishing the injunction. The Delhi High Court, in…
Megha Engineering and Infrastructure Ltd, a Hyderabad-based company, reportedly engaged in significant electoral bond purchases prior to securing key projects, including the construction of the Zojila tunnel in Jammu and Kashmir valued at approximately Rs 4,500 crore. According to data released by the Election Commission of India (ECI), MEIL emerged as the second-largest purchaser of electoral bonds, amounting to Rs 966 crore. The company contributed the highest sum, approximately Rs 585 crore, to the BJP, followed by Rs 195 crore to BRS and Rs 85 crore to the DMK. Records indicate that MEIL made a bond purchase of Rs 20…
Arvind Kejriwal, Delhi Chief Minister, arrested in the liquor policy case, has been remanded to ED custody until March 28. On March 22, Kejriwal was presented before Delhi’s Rouse Avenue Court by the probe agency, which requested his custody for 10 days in the case. “We have applied for 10 days’ remand,” the ED informed the court after the AAP chief’s appearance before Special Judge Kaveri Baweja at around 2 pm amidst heightened security in and around the court premises. Kejriwal appeared in court after withdrawing his petition from the Supreme Court, which challenged his arrest by ED officials.
JSW Energy, led by Sajjan Jindal, has announced its agreement to purchase 45 MW of wind energy generation capacity from Reliance Power Limited, chaired by Anil Ambani, as per an exchange filing on March 22. According to the statement, JSW Renewable Energy (Coated) Limited, a wholly-owned subsidiary of JSW Neo Energy Limited, which itself is a subsidiary of JSW Energy Limited, will undertake the acquisition. The wind power project is situated in Jath, Sangli district, Maharashtra, with the transaction valuing the project at Rs 132 crore after adjusting for net working capital. The agreement has been formalized through a Business…
Gensol Engineering, a prominent player in the solar power engineering, procurement, and construction (EPC) services, as well as the electric mobility sector, has secured a significant turnkey order in terms of both size and value from a power generation utility in Maharashtra. The project entails the development of a 100 MWAC/135 MWp ground-mount solar PV power project spread across 500 acres in Maharashtra, with an order value of Rs 520 Crore. In a press release, the company stated that the project aligns with the futuristic policy introduced by the Ministry of New and Renewable Energy (MNRE) in April 2022. It…
Delhi’s ITO metro station is set to remain closed until 6 pm today, as announced by the Delhi Metro Rail Corporation (DMRC) on the X platform. The DMRC stated, “Following advice from the Delhi Police, the ITO Metro station will be closed from 08:00 AM to 06:00 PM today, March 22, 2024.” The temporary closure of the ITO metro station coincides with the Aam Aadmi Party’s (AAP) planned protest in front of the headquarters of the PM Modi-led Bharatiya Janata Party (BJP), located near Pandit Deen Dayal Upadhyaya Marg, adjacent to the same metro station. The protest is scheduled to…
According to sources cited by CNBC-TV18, Texmaco Rail and Engineering is reportedly considering launching a Qualified Institutional Placement (QIP) to raise Rs 250 crore. The company is anticipated to offer approximately 4.21 percent equity to garner funds at an indicative price of Rs 155 per share for the QIP. This indicative price, signaling a discount of over 6 percent from Texmaco Rail’s recent closing price, has been mentioned in the report.
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