RECENT NEWS & UPDATES

Lawyered Legal News powered by Incourt app

SC To Hear Chhatisgarh Govt's Plea For Witness Exam On 'Jheeram Ghati' Naxal Attack

Posted under Legal, Top Stories, by Sonal / 8 hours ago

The Supreme Court said it would hear on September 29 the plea of Chhattisgarh government against the refusal for examining of additional witnesses by the Judicial Commission set up to probe the 2013 Jheeram Ghati naxal attack in which in which 29 people, including leaders of state Congress, were killed.

Read more at New Indian Express

Lawyered Legal News powered by Incourt app

Investment Advisers Can Charge Fee Up to ₹1.25 Lakh, Says SEBI

Posted under Legal, Regulatory, by Kiran / 8 hours ago

The Securities and Exchange Board of India capped the advisory fees charged by registered investment advisers (RIAs) at 2.5% of assets under advice, or ₹1,25,000 if they charge a flat fee. Advisers with over 150 clients must corporatize their practice, or stop signing up new clients, under Sebi’s final guidelines on RIAs —first proposed in January and finetuned in July.

Read more at Live Mint

Lawyered Legal News powered by Incourt app

Hostile Witness’ Testimony Should Not Be Relied Much : P & H HC

Posted under Legal, Trending, by Nandakishore A / 8 hours ago

The Punjab and Haryana HC has said that not much reliance should be placed upon an uncorroborated testimony of a hostile witness. The HC made the observation while suspending the sentence of a rape accused, as the victim in the case had turned hostile and retracted her statement and even refused to identify the accused during corroboration.

Read more at Times of India

Lawyered Legal News powered by Incourt app

Everyone A Champion Of Bogus PILs, Petitioners Must Come With Homework: Delhi HC

Posted under Legal, by Sonal / 8 hours ago

Expressing its displeasure over "bogus" public interest litigations, the Delhi HC said that petitioners in PILs must come after doing their homework. The Court was hearing a PIL alleging mushrooming of illegal hookah bars in the national capital. The Petitioner sought a direction to the Delhi Police and municipal authorities to inspect and take action against such illegal hookah joints.

Read more at Bar and Bench

Lawyered Legal News powered by Incourt app

Quit From Here, Then Join, SEBI Tells 350 Officers Seeking IFSCA Deputation

Posted under Legal, Regulatory, by Kiran / 9 hours ago

The Securities and Exchange Board of India (SEBI) has rejected at least 350 applications of its officials, seeking to join newly-formed unified authority International Financial Services Centres Authority (IFSCA), which regulates government's ambitious pet project GIFT city institutions. The authority is being set up to regulate the country’s first international financial services centres catering to customers outside the jurisdiction of the domestic economy.

Read more at Business Standard

more