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1. Supreme Court dismisses Percept's appeal against ₹14.49 crore arbitral award to Sourav Ganguly

Supreme Court dismisses Percept's appeal against ₹14.49 crore arbitral award to Sourav Ganguly The Supreme Court on Monday refused to entertain an appeal filed by Percept Talent Management challenging

Supreme Court dismisses Percept's appeal against ₹14.49 crore arbitral award to Sourav Ganguly

Supreme Court dismisses Percept's appeal against ₹14.49 crore arbitral award to Sourav Ganguly The Supreme Court on Monday refused to entertain an appeal filed by Percept Talent Management challenging a Calcutta High Court judgment that upheld a ₹14.49 crore arbitral award in favour of former Indian cricket captain Sourav Ganguly [Percept Talent Management Limited and Anr. v Sourav Chandidas Ganguly]. The dispute arose from a 2003 Player Representation Agreement between Ganguly and Percept concerning the management of his commercial and endorsement engagements. The matter was heard by a Bench comprising Chief Justice of India (CJI) Surya Kant, Justice Joymalya Bagchi and Justice V Mohana. During the hearing, Justice Bagchi questioned Percept's attempt to bring Ganguly's activities related to Indian Premier League team Kolkata Knight Riders within the agreement's definition of promotional activities. The judge flagged the company's position before the arbitral tribunal. “If that is how you interpreted the KKR promotional activities before the arbitrator, how can we allow you to come and argue before us that the definition of promotional activity must be seen in terms of the contract executed?” asked Justice Bagchi. The observation came after Senior Advocate Nakul Dewan, appearing for Percept, argued that the agreement contained an all-encompassing clause covering promotional services, including those connected with cricket matches. Justice Bagchi further observed that while Ganguly playing for KKR was one aspect; there was a separate aspect concerning his advertising activities. “One part is your playing of cricket, but there is another significant part where you are advertising,” said Justice Bagchi. The dispute between Sourav Ganguly and talent management firm Percept dates back to 2003, when Ganguly appointed the company as his exclusive manager for his…

2. Adani Group Cleared Of Minimum Public Shareholding Violation Charges

Adani Group Cleared Of Minimum Public Shareholding Violation Charges Sebi directed that the proceedings be disposed of.

Adani Group Cleared Of Minimum Public Shareholding Violation Charges

Adani Group Cleared Of Minimum Public Shareholding Violation Charges Sebi directed that the proceedings be disposed of.

3. Two entities pay over Rs 81 lakh to settle Growpital case with Sebi

Two entities pay over Rs 81 lakh to settle Growpital case with Sebi - Regulators - 2 min read Two entities pay over Rs 81 lakh to settle Growpital case with Sebi New Delhi, Two entities have settled w

Two entities pay over Rs 81 lakh to settle Growpital case with Sebi

Two entities pay over Rs 81 lakh to settle Growpital case with Sebi - Regulators - 2 min read Two entities pay over Rs 81 lakh to settle Growpital case with Sebi New Delhi, Two entities have settled with markets regulator Sebi a case related to alleged fraudulent activities in the matter of agri-investment platform Growpital on payment of Rs 81.12 lakh towards settlement charges. The settlement was reached by Nutrikosh India Pvt Ltd and Alok Chaudhary without "admitting or denying the facts and conclusions of law", according to a Sebi order passed on Monday. The regulator had issued a show cause notice (SCN) in March 2025 to 30 entities, including Nutrikosh India and Chaudhary, following its investigation into the Growpital platform. The notice alleged that Nutrikosh aided and abetted other co-investors in fraudulent activities and acted as a conduit for transferring funds to the tune of Rs 7.03 crore. The Securities and Exchange Board of India (Sebi) alleged violations of provisions of the Sebi Act and the PFUTP (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Markets) regulations. The Growpital platform matter dates back to January 2024, when Sebi passed an ex-parte interim order against eight entities, alleging that they had raised Rs 192.88 crore from the public through an unregistered collective investment scheme (CIS). The interim order had directed the entities to cease and desist from carrying on CIS activities. The findings were subsequently confirmed through a confirmatory order in April 2024.

4. 3 high court chief justices recommended for elevation to Supreme Court

3 high court chief justices recommended for elevation to Supreme Court NEW DELHI: The Supreme Court on Monday recommended the elevation of three high court chief justices as judges of the country's to

3 high court chief justices recommended for elevation to Supreme Court

3 high court chief justices recommended for elevation to Supreme Court NEW DELHI: The Supreme Court on Monday recommended the elevation of three high court chief justices as judges of the country's top court. The collegium has recommended Gujarat high court chief justice Sunita Agarwal, Delhi high court chief justice Devendra Kumar Upadhyaya and Telangana high court chief justice Aparesh Kumar Singh for elevation to the apex court. The recommendations will now be processed as per the established procedure for appointment of Supreme Court judges. --- SC Collegium recommends three chief justices of high courts as judges of apex court - Litigation - 2 min read SC Collegium recommends three chief justices of high courts as judges of apex court The five-member apex court collegium comprising Chief Justice of India Surya Kant and Justices Vikram Nath, B V Nagarathna, M M Sundresh and P S Narasimha took the decision in the meeting held on Monday. New Delhi, In a significant development, the Supreme Court Collegium on Monday recommended the names of Justices Sunita Agarwal, Devendra Kumar Upadhyaya and Aparesh Kumar Singh, chief justices of Gujarat, Delhi and Telangana high courts respectively, for elevation as judges of the apex court. The five-member apex court collegium comprising Chief Justice of India Surya Kant and Justices Vikram Nath, B V Nagarathna, M M Sundresh and P S Narasimha took the decision in the meeting held on Monday. "The Supreme Court Collegium in its meeting held on September 28, has recommended elevation of the following Chief Justices of the High Courts as Judges in the Supreme Court," the Collegium resolution said. The Collegium also recommended the name of Justice Upadhyaya, Chief Justice of the Delhi High Court, as a judge of the apex court. Justice Aparesh Kumar Singh, Chief Justice of the High Court for the State of Telangana, is also recommended for the judgeship at the Supreme Court.

5. Kerala HC grants pre-arrest bail to YouTuber

Kerala HC grants pre-arrest bail to YouTuber The Kerala High Court has granted pre-arrest bail to YouTuber Muhammed Nihad, alias Thoppi, who was booked for conducting a livestream on the YouTube chann

Kerala HC grants pre-arrest bail to YouTuber

Kerala HC grants pre-arrest bail to YouTuber The Kerala High Court has granted pre-arrest bail to YouTuber Muhammed Nihad, alias Thoppi, who was booked for conducting a livestream on the YouTube channel “Mrz Shameer” and allegedly publishing offensive content about the complainant. Badharudeen reviewed the video and found that there was nothing to show that Mr. Nihad had directly spoken any obscene words or made sexually coloured remarks against the victim. Nihad’s custodial interrogation was unnecessary in view of the allegations. The prosecution had alleged before the District and Sessions Court, Manjeri, that the accused had conducted the livestream for four hours and deliberately displayed photographs and videos of the complainant without her consent, made obscene, sexually coloured and defamatory remarks, intruded on her privacy and insulted her modesty. The court granted pre-arrest bail subject to conditions, including the execution of a bond for ₹1 lakh with two solvent sureties, full cooperation with the investigation, weekly appearance before the investigating officer and not leaving the State without the permission of the trial court.

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