Page 9 - Darius Khambata News Today

Goenka and Chandra challenged a SEBI interim order barring them from holding directorial or key managerial positions (KMPs) in any listed company or its subsidiaries.

In his arguments, senior advocate Janak Dwarkadas, representing Goenka, said that by removing two key people from the company, Sebi has infringed upon their fundamental rights to be employed. He argued that while Sebi had issued the interim order against them, no direction had been issued against Yes Bank for appropriating the Rs 200 crore fixed deposit without ZEELs approval.

Appearing for Sebi, senior counsel Darius Khambata argued that the regulator has found a series of transactions that took place where related parties were involved, and such transactions are undisputed. "We gave them 21 days to come to us and explain, but they came here, and they are saying they are not here on merit but on the process," Khambata said. "The appellants, instead of rushing to the appellate tribunal, could have come to Sebi to present their case when the time was giv...

Supreme Court judge, Justice Dipankar Datta on Saturday urged judges and senior lawyers to impress upon young lawyers to accept judgeship and not reject the same only for economic reasons.

Zee-Sony Merger: Refuses to take on record additional affidavit filed by Sebi in the matter

Best Media Info: The appellants' representative, Senior Advocate Janak Dwarkadas, called it a clear case of a "post-decisional hearing situation"| Television News

In response to a petition by satirist and comedian Kunal Kamra, the Union government has promised on affidavit to not constitute such a fact-check unit, that would have the powers to call for pulling down of information that the government deems to be not factual.

Stand-up comic Kunal Kamra, in his petition, claimed the new rules could potentially lead to his content being arbitrarily blocked or his social media accounts being suspended or deactivated, thus harming him professionally

Comedian Kunal Kamra submitted that the Fact Check Unit will have a chilling effect on the citizens and their right to freedom of speech and expression.

Fact Checking Unit under the amended IT Rules will not be notified till July 5, the Central Government told the Bombay High Court today.“I have instructions to make a statement that the FCU will not...