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1. TMMK protests over High Court order against quota for those who convert to Islam

TMMK protests over High Court order against quota for those who convert to Islam Tamil Nadu Muslim Munnetra Kazhagam (TMMK) president M.H. Jawahirullah, along with party cadre, organised a protest aga

2. Supreme Court Directs Status Quo On Ethanol Supply Allocation

Supreme Court Directs Status Quo On Ethanol Supply Allocation He also informed the court that the Centre would be filing appropriate transfer petitions

3. Anitha Radhakrishnan seeks anticipatory bail in case booked for objectionable remarks against Chief Minister

Anitha Radhakrishnan seeks anticipatory bail in case booked for objectionable remarks against Chief Minister

Anitha Radhakrishnan seeks anticipatory bail in case booked for objectionable remarks against Chief Minister Former Minister Anitha R. Radhakrishnan and DMK MLA has approached the Madras High Court seeking anticipatory bail in a case booked by the Authoor police in Thoothukudi district for having made objectionable remarks against Chief Minister C. The advance bail plea filed in the Madurai Bench of the Madras High Court has been transferred to the principal seat in Chennai since all cases related to MPs and MLAs are heard only here. It is expected to be listed for hearing before Justice G.K. The petitioner apprehended arrest in the case reportedly booked under Sections 352 (intentional insult with intent to provoke breach of peace) and 353(2) (making statements with intent to create enmity, hatred or ill will between different groups) of the Bharatiya Nyaya Sanhita. In his petition, the Tiruchendur legisaltor said since he belonged to the primary opposition party in the State, he had been voicing his concerns related to various public issues. He had addressed a public meeting organised by his party on June 20, 2026 and spoke about the resentment among the people with respect to the actions of the ruling party. “Being a veteran politician and sitting MLA, the petitioner only addressed about the welfare of the State,” but a police complaint was lodged with political motive, the petitioner claimed. Stating he was willing to abide by any condition imposed by the court and also furnish substantial sureties, the petitioner urged the court to grant him advance bail in the event of his arrest.

4. Sebi proposes uniform investor consent rules, wider conflict checks for AIFs

Sebi proposes uniform investor consent rules, wider conflict checks for AIFs

Sebi proposes uniform investor consent rules, wider conflict checks for AIFs - Regulators - 2 min read Sebi proposes uniform investor consent rules, wider conflict checks for AIFs The proposals are aimed at "striking a balance between operational and investment flexibility for AIFs, while ensuring that investors are able to make informed decisions", Sebi said. New Delhi, Markets regulator Sebi on Tuesday proposed to standardise the process for obtaining investor consent in Alternative Investment Funds (AIFs) and widen the scope of conflict-related transactions requiring investor approval. The proposals are aimed at "striking a balance between operational and investment flexibility for AIFs, while ensuring that investors are able to make informed decisions", Sebi said. In its consultation paper, Sebi has proposed a uniform approval threshold of 75 per cent of investors by value for all matters requiring investor consent, replacing the existing framework where different thresholds of two-thirds and 75 per cent apply to different activities. The regulator has also proposed allowing AIFs to choose one of three standardised voting methodologies for obtaining investor consent -- deemed consent, present and voting, or express voting -- subject to clear disclosure in the fund's placement memorandum and consistent application across all investors in a scheme. Sebi said the proposals aim to balance operational flexibility for AIFs with investor protection by ensuring investors can make informed decisions while providing managers with a clear and implementable framework. The consultation paper noted that varied market practices have emerged regarding voting methodologies, treatment of non-responses and approval thresholds, leading to operational challenges and interpretational uncertainty. To improve transparency, Sebi has proposed that all investors…

5. Yes Bank receives order determining Rs 879 crore income tax refund

Yes Bank receives order determining Rs 879 crore income tax refund

Yes Bank receives order determining Rs 879 crore income tax refund - Industry - 1 min read Yes Bank receives order determining Rs 879 crore income tax refund Yes Bank secures favourable appellate ruling over-long pending disputes for AY 2018-19. The refund includes interest income as well as tax benefit, whose combined value exceeds Rs 120 crore materiality threshold prescribed under SEBI's Listing Obligations and Disclosure Requirements Regulations. Private sector lender informed stock exchanges on Monday that it has received a consolidated order giving effect (OGE), from the Jurisdiction Assessing Officer, determining an income tax refund of Rs 879 crore in its favour, following a favourable hearing from the first level appellate authority on long-pending tax disputes for assessment year 2018-19. The bank said the refund includes interest income computed under Section 244A of the Income-tax Act, 1961, along with tax benefit on a certain expense claimed in its income tax return. The combined value of these two components exceeds the Rs 120 crore materiality threshold prescribed under SEBI's Listing Obligations and Disclosure Requirements Regulations. The development traces back to an assessment order the bank received in February 2020 for AY 2018-19, in which certain additions and disallowances were made to its income. As a result, the private sector lender, subsequently faced reassessment proceedings for the same assessment year, with an order passed under Sections 147 and 144B of the Act in March 2024. Yes Bank contested both the original assessment and reassessment orders for AY 2018-19 before the first level appellate authority, which ruled separately on the two matters, the assessment dispute on October 27, 2025, and the reassessment dispute on December 30, 2025.

1. Mathu vs. State of Uttarakhand (25.06.2026 - SC)(MANU/SC/0657/2026)

The Supreme Court of India addressed the appeal of Mathu alias Jagdish against his conviction under Section 304/34 of the Indian Penal Code for the culpable homicide of Padam Singh Shahi. The core iss

2. Shankar Dutt vs. United India Insurance Co. Ltd. and Ors. (24.06.2026 - SC)(MANU/SC/0656/2026)

The Supreme Court of India addressed the appeal by Shankar Dutt against United India Insurance Co. Ltd. and others, concerning the enhancement of compensation for injuries sustained in a vehicular acc

3. M. Paramesh vs. VRL Logistics Ltd. and Ors. (23.06.2026 - SC)(MANU/SC/0649/2026)

The Supreme Court of India addressed the appeal by M. Paramesh against VRL Logistics Ltd. and others, focusing on the adequacy of compensation for injuries sustained in a motor accident. The Court fou

4. The Oriental Insurance Company Limited vs. Kalu Ram and Ors. (23.06.2026 - SC)(MANU/SC/0648/2026)

The Supreme Court of India addressed the dispute between The Oriental Insurance Company Limited and Kalu Ram and others regarding compensation for a motor accident that resulted in the death of Akash

5. Israfil vs. State of Madhya Pradesh (23.06.2026 - SC)(MANU/SC/0647/2026)

The Supreme Court of India addressed the issue of the quantum of sentence for Israfil, who was convicted for using a forged document to secure bail, under Sections 420, 467, 468, and 471 of the Indian

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