The SFIO case involved allegations that there was fraud involved in the 2007 merger of entities belonging to Kingfisher and low-cost airline Deccan Air, which led to duping of investors and avoidance of tax.
Two judges of the Karnataka High Court recently reported that they received suspicious phone calls from unknown callers who allegedly tried to blackmail the judges.
The Karnataka High Court on Monday reserved its judgment on a batch of petitions challenging the ban on hookah and hookah bars in Karnataka [R Bharath and ors v. State of Karnataka].
The shareholders have called for the EGM to discuss change in the company’s leadership. They reportedly want to oust the present leadership including Raveendran and reconstitute the board.
The Karnataka High Court on Monday questioned how those defying the ban on manual scavenging are able to get away with little or no action taken against them for their actions.