LEGAL STATUS
SC to consider pleas seeking review of verdict declining legal recognition to same-sex marriage
The Supreme Court is scheduled to consider on July 10 a batch of pleas seeking review of its last year's judgement which refused to accord legal recognition to same-sex marriage. According to the cause list of July 10 uploaded on the apex court website, a five-judge bench headed by Chief Justice D Y Chandrachud would consider in-chamber the pleas seeking review of the October 17 last year verdict.
Darshan fan murder case: Actor's wife Vijayalakshmi writes to police, clarifies his relationship with Pavithra Gowda
Vijayalakshmi Darshan, wife of Kannada actor Darshan Thoogudeepa, has written to Bengaluru Police Commissioner B. Dayananda to clarify that she is the actor's only legally wedded wife. This follows incorrect reports and official statements that identified Pavithra Gowda, the main accused in the Renukaswamy murder case, as Darshan's wife. Vijayalakshmi emphasized that Pavithra Gowda is merely a friend of Darshan and is married to Sanjay Singh.
How Indian-American businessman duped Goldman Sachs of Rs 8,300 crore
Rishi Shah, co-founder of Outcome Health, has been sentenced to seven and a half years in prison for his role in a $1 billion fraud scheme involving high-profile investors like Goldman Sachs and Google's parent company, Alphabet. The scheme, which included inflating advertising inventory and deceiving investors and clients, was uncovered in 2017. Shah's extravagant lifestyle, funded by fraudulent activities, included private jets and yachts. His sentencing marks the conclusion of one of the largest corporate fraud cases in recent history, highlighting the consequences of deceptive business practices.
I am legally separated from my husband. Do I have right to wedding jewellery and gifts received as streedhan?
Readers estate planning queries answered.
CJI Chandrachud announces Lok Adalat from July 29 amid concerns about large backlog of cases
Chief Justice of India DY Chandrachud announced the commencement of a special Lok Adalat from July 29 to August 3. He urged citizens, lawyers, and advocates to participate in resolving cases swiftly and amicably to address the large backlog of cases. He highlighted on the informal and technology-based nature of the Lok Adalat and termed it as a voluntary and consensual dispute resolution mechanism that offers final and binding awards with no appeal process. The system promotes cost-effective and efficient settlement of various disputes including matrimonial, property, motor accident, compensation, and service-related cases pending before the Supreme Court.
Darshan fan murder case: Kannada star now accused of keeping exotic birds illegally; manager found dead
Kannada actor Darshan Thoogudeepa is facing further legal trouble for allegedly keeping a bar-headed goose at his farmhouse, adding to his woes after being arrested in connection with a fan's murder. The forest department plans to charge him for violating wildlife protection laws. Meanwhile, Darshan's manager's suicide is being investigated alongside the murder case. The actor remains in custody as investigations continue.
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Biden to give legal protections to immigrant spouses of US citizens
President Joe Biden will announce new protections for immigrant spouses of U.S. citizens, marking the 12-year anniversary of DACA. The policy will shield them from deportation, provide work permits, and offer a pathway to citizenship.
Is Kanye West in financial crisis? Rapper seen flying economy class with Bianca Censori post-billionaire status
Kanye West and his wife Bianca Censori were spotted traveling in the economy class of an airplane. This was not the first time they traveled in the economy.
NCLT directs Byju’s to maintain status quo, halts $200 million rights issue
The National Company Law Tribunal (NCLT) has directed edtech major Byju's to maintain status quo in its shareholding, pausing its controversial rights issue conducted at a 99% discount to its last peak valuation of $22 billion. Byju's faces a petition from investors in the NCLT and is restrained from proceeding with the rights issue. The matter will be heard next on July 4, and the tribunal has asked for details of Escrow bank accounts and US court actions.
Dollar or other currencies? How the US is daring the world to find a dollar alternative
The United States is challenging its own foundations as the world's reserve currency with attacks on the legal system following Donald Trump's conviction. Despite growing consternation, no credible alternative has emerged. The dollar's dominance stems from U.S. democratic principles, but threats loom as sanctions and political turmoil test its credibility.
2.2 pc of Rs 2000 banknotes, with value of Rs 7755 crore, still in circulation
Approximately 2.2% or Rs 7,755 crore of Rs 2,000 banknotes are still in circulation, 8 months after the deadline to exchange them. 97.82% of the total value is back in the banking system by May 2024.
Skipping a marriage ceremony can nullify it, impact woman's legal rights
Valid Hindu Marriage as per laws: The Supreme Court in a recent order said that a Hindu marriage is considered valid if it meets the criteria set by Hindu Marriage Act, 1955. If a marriage is deemed invalid then it will impact woman's legal rights to alimony and maintenance. Will the children's inheritance rights will be impacted if marriage becomes invalid?
NRI Investing Guide: Are you legally allowed to buy agricultural land in India?
NRIs in India face restrictions under FEMA when purchasing agricultural land, but can inherit it from relatives to reconnect with their roots.
Closing arguments, jury instructions and maybe a verdict? Major week looms in Trump hush money trial
The testimony in Donald Trump's New York hush money trial has concluded, moving to closing arguments, jury deliberations, and a possible verdict. Closing arguments, starting Tuesday, will summarize key points, with the defense aiming to create reasonable doubt. Judge Merchan will instruct the jury on legal standards before deliberations. Jurors must reach a unanimous decision on 34 counts of falsifying business records, with potential for a mistrial if they remain deadlocked.
Lesson for entrepreneurs: What are the common mistakes startup founders make and how to avoid them?
India has the third largest startup ecosystem in the world, with 1.17 lakh entities (DPIIT), nearly 1,710 venture capital funds, 794 accelerators and incubators (Tracxn), and several government initiatives like Startup India. Despite this fervour and support, financial and otherwise, the startup journey is extremely difficult.ET Wealth lists the typical mistakes most founders make and tell you how to tackle these
Why is MGNREGA implementation so poor in Bihar, Congress asks PM Modi
The Congress general secretary said that in 2015, the "outgoing PM" had famously promised a Rs 1.25 lakh crore package for the people of Bihar and Rs 54,713 crore from this package was earmarked for road and bridge projects. A number of national highways, bridges over the rivers Ganga, Sone and Kosi, and 12 railway overbridges were to be built, he said.
You could lose section 80C tax benefit on EPF contribution; here's why
Section 80C tax benefit on EPF: Many salaried individuals claim Section 80C tax benefit on their own Employees Provident Fund (EPF) contribution. However, not many are aware that if the EPF trust does not meet certain specified conditions, then both the employer and employee contribution will be taxable in the hands of an individual.
Go Digit Insurance Rs 2,615 crore IPO retail portion fully subscribed
The IPO, priced between Rs 258 to Rs 272 per share, will close on Friday. The company had reserved 9.6 million shares for retail investors.
Can a foreigner on a work visa in Dubai switch to UAE Golden Visa?
If you're a mainland Dubai-based employee seeking a UAE Golden Visa for property purchase, you can maintain employment eligibility. Notify your employer before obtaining the visa to smoothly cancel and reapply for a work permit, adhering to legal steps and document requirements for a seamless transition.
In line of fire: US campus protests a stress test for Indians
Tensions surrounding the Israeli-Palestinian conflict have caused disruptions on US campuses, leaving Indian students and their parents anxious. Some students participating in protests have been detained, while others face challenges such as switching to online classes.
Public sector banks may get legal teeth on issuing lookout circulars
This follows a decision by the Bombay High Court earlier this week that said public sector banks (PSBs) don’t have the power to recommend, or ask, the central government for the issuance of LOCs against defaulting borrowers.
Rakhi Sawant's leaked video controversy: Actress reaches Supreme Court to challenge ex husband's allegations; will she be arrested?
Rakhi Sawant is embroiled in a legal battle as her ex-husband accuses her of leaking an obscene video. She has taken the matter to the Supreme Court, seeking to avoid arrest. The case highlights the clash between personal disputes and legal ramifications in the public eye. The Supreme Court's decision, awaited today, will determine the course of this high-profile controversy.
Trump cancels rally because of weather, proving the difficulty of balancing a trial and campaign
Trump called into the rally site near the Wilmington airport less than an hour before he was scheduled to take the stage and apologized to a few thousand supporters who had gathered throughout the afternoon under initially sunny skies that later darkened with storm clouds.
11 ways Modi govt transformed India's legal landscape
From new criminal code to triple talaq and internet regulations, and the failed attempt at bringing new farming legislation, a look at the government's push to change laws in the past 10 years
New migrants get work permits in the US. Other immigrants who are here illegally want them, too.
Chicago restaurateur Sam Sanchez criticized President Biden's decision to extend work eligibility to half a million Venezuelans, expressing concerns about the impact on his employees Ruben and Juan from Moe's Cantina. The immigration policy debate intensifies among business leaders and immigrant advocates.
Bournvita, other brands to lose 'health drink' status
E-commerce sites advised to stop labeling Bournvita as health drink due to undefined food laws. Cadbury faced controversy over sugar content. NCPCR, FSSAI investigated. Issue involved misleading elements in packaging, advertising.
Integration of AI in modern processes raises complex ethical, legal & practical considerations, says CJI
Justice Chandrachud said while AI presents unprecedented opportunities, it also raises complex challenges, particularly concerning ethics, accountability and bias and addressing these challenges requires a concerted effort from stakeholders worldwide, transcending geographical and institutional boundaries. He was speaking at a two-day conference on technology and dialogue between the Supreme Courts of India and Singapore.
Greece just legalized same-sex marriage. Will other Orthodox countries join them any time soon?
Greece has become the first majority-Orthodox Christian nation to legalize same-sex marriage under civil law. However, most majority-Orthodox countries, including Russia, remain opposed to same-sex relationships. Montenegro and Cyprus have also authorized same-sex unions, and civil unions may become more common among Orthodox countries gravitating toward the European Union. In Ukraine, same-sex couples cannot register their status legally, and in Russia, LGBTQ+ expression has been cracked down upon.
Road ministry clarifies legal status of bike taxis
The road transport ministry has clarified that motorcycles fall within the definition of 'contract carriage' as per the Motors Vehicles Act, 1988. States/UTs should accept and process applications for contract carriage permits for motorcycles.
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