The Karnataka High Court has quashed a criminal prosecution initiated in 2015 by the Serious Fraud Investigation Office against the accused involved in the merger initiated by Kingfisher Airlines Limited to acquire Deccan Aviation Limited by providing fraudulent documents to its shareholders, stakeholders thereby violating various provisions of the Companies Act and the Income Tax Act. Petitioner submissions The petitioners …
Observing that the offences committed under the Insolvency and Bankruptcy Code, 2016 would be tried by the Special Court established under Section 435 of the Companies Act, 2013 and the sessions judge would have the power to issue process against the accused, the Supreme Court on Friday upheld the issuance of process by the sessions judge to the accused.The Court. …
October 19, 2022 02:41 am | Updated 10:56 am IST Months before sanctioning the release of convicted rapists and killers in the Bilkis Bano case of the 2002 Gujarat riots, the Union Home Ministry framed guidelines that 12 categories of convicts, including “prisoners convicted for the offence of rape” are not eligible to be released prematurely under a special remission …
The Supreme Court on Tuesday agreed to consider urgently hearing a petition demanding the immediate re-arrest of 11 convicts, who were sentenced in 2008 to a life term for the Bilkis Bano gang-rape and murder of seven members of the survivor’s family, but walked out of jail last week after the Gujarat government cleared their early release under the state’s …
