Industry: Google asks Supreme Court to quash Android antitrust directives – Times of India

[ad_1] NEW DELHI: Google has urged the Supreme Court to quash antitrust directives against it for abuse of the Android market, two sources said, as its presses its legal battle against the competition watchdog in one of its most important markets. The Competition Commission of India (CCI) said in October that Google, whose Android mobile … Read more

Setback For Rapido And Uber As SC Says 2-Wheeler Taxis Can’t Run In Delhi For Now

[ad_1] New Delhi: The Supreme Court on Monday stayed the Delhi High Court order by which it had essentially allowed bike-taxi aggregators Rapido and Ola to operate in the national capital. A vacation bench of Justices Aniruddha Bose and Rajesh Bindal, however, granted liberty to the two aggregators to request an urgent hearing of their … Read more

Submit report on Adani-Hindenburg probe by August 14, Supreme Court tells Sebi – Times of India

[ad_1] NEW DELHI: The Supreme Court on Wednesday granted the Securities and Exchange Board of India (SEBI) an additional three months, until August 14, to complete its probe into possible lapses in regulatory disclosures by the Adani Group.A bench headed by Chief Justice D Y Chandrachud directed the Sebi to file an updated status report … Read more

Adani-Hindenburg Row: SC To Now Hear SEBI’s Plea For Extension On Monday

[ad_1] New Delhi: The Supreme Court on Friday listed to hear on May 15 (Monday) the Securities and Exchange Board of India’s (SEBI) plea seeking to extend the time to conclude the investigation in the report by US short-seller Hindenburg Research by a period of six months. The bench, led by the Chief Justice of India … Read more

Reliance Capital resolution process completion deadline extended to July 16 – Times of India

[ad_1] NEW DELHI: The Mumbai-bench of National Company Law Tribunal (NCLT) has extended the deadline for completing the resolution process of Reliance Capital by three months to July 16 as lenders have agreed to hold a second round of auction to maximise their recovery.The earlier deadline of April 16 has already ended.The 90 days deadline … Read more

No Penalty for Mere Belated Remittance of TDS After Deduction Under Section 271C of IT Act: SC

[ad_1] The top court noted that section 271C of the Act deals with penalty for failure to deduct TDS. It noted the relevant words used in section 271C (1)(a) are ‘fails to deduct’ and it does not speak about belated remittance of the TDS The Supreme Court Monday held that no penalty shall be leviable … Read more