IN THE NEWS

LAW NEWS CAPSULE OF THE DAY: 02.03.2022

Supreme Court to hear after 10 days plea of CIPL for expunction of adverse remarks against Tata Mistry

FINANCIAL EXPRESS| Supreme Court: The Supreme Court on Monday said it would hear after ten days the plea of Cyrus Investment Pvt Ltd (CIPL) seeking expunction of certain remarks made allegedly against Cyrus Mistry in the 2021 verdict setting aside the NCLAT’s order which had restored Mistry as the executive chairman of the Tata Group.

A bench headed by Chief Justice N V Ramana was told by senior advocate Janak Dwarkadas, appearing for CIPL and Mistry, that this is an application for expunging “certain remarks which affect my reputation, integrity and character” in the judgement. “We will hear this after ten days,” said the bench which also comprised justices A S Bopanna and Hima Kohli.

CJI rues lack of basic judicial infra, stresses need to fill vacancies, raise number of judges

FINANCIAL EXPRESS| Supreme Court: Sitharaman said 28,000 patents were registered last year as opposed to 4,000 in 2013-2014, and that the last year also witnessed 2.5 lakh trademark and over 16,000 copyright registrations, which will have a “very strong ripple effect” when scaled up as they generate its own ecosystem and revenues. Chief Justice of India (CJI) N V Ramana on Saturday rued the lack of “basic minimum standards” of judicial infrastructure in the country and stressed the need of not only filling the existing vacancies but also raising the number of judges in high courts to efficiently deal with intellectual property litigations.

Centre’s guidelines on regulation of ground water extraction only new cover to old scheme: NGT

FINANCIAL EXPRESS| NGT: The guidelines issued by the Ministry of Jal Shakti to regulate and control ground water extraction in the country is only a new cover provided to the old scheme with minor variations, alterations and modifications, the National Green Tribunal has said. A bench headed by NGT Chairperson Justice A K Goel said the 2020 guidelines broadly do not satisfy directions given by it repeatedly and persistently. The NGT said there is a twist when the guidelines says that NOC shall not be granted to new packaged water industries in over-exploited areas even if they belong to MSME category.

Kerala High Court verdict on MediaOne appeal against ban on Wednesday

DECCAN HERALD|Kerala High Court: The Kerala High Court is likely to pronounce on Wednesday its verdict on Malayalam news channel MediaOne’s appeal against a single judge order upholding the Centre’s decision to stop its telecast by not renewing its licence. Besides the channel, appeals were also moved by some of its employees, including its Editor, as well the Kerala Union of Working Journalists (KUWJ) whose pleas against the Centre’s decision were also rejected by the single judge on February 8.

NCLAT asks CoC to consider 63 Moons appeal in DHFL resolution

DECCAN HERALD|NCLT: The National Company Law Appellate Tribunal (NCLAT) on Thursday ordered the committee of creditors (CoC) to consider the petition filed by 63 Moons Technologies against Piramal Group ascribing a value of Re 1 for the Rs 40,000 crore worth of recoverable assets in the Dewan Housing Finance Ltd case. 63 Moons had non-convertible debentures (NCDs) of face value Rs 200 crore in Dewan Housing Finance Corp Ltd (DHFL).

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