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1. Kerala HC flags plight of co-op banks whose mirror accounts are frozen for cyberfraud by a few customers

Kerala HC flags plight of co-op banks whose mirror accounts are frozen for cyberfraud by a few customers

Kerala HC flags plight of co-op banks whose mirror accounts are frozen for cyberfraud by a few customers The Kerala High Court recently took note of the difficulties faced by co-operative banks when entire mirror accounts held by them with commercial banks are frozen amid cyber fraud investigations into some of the account holders [Thalakkad Service Co-operative Bank Ltd v Union of India & ors]. Justice MA Abdul Hakhim made the observation while dealing with a plea filed by Thalakkad Service Co-operative Bank Ltd. The bank submitted that its mirror account maintained with the ICICI bank was repeatedly subjected to freeze and lien orders because some of its account holders were allegedly involved in financial fraud. Mirror (or pool) accounts are settlement accounts that service co-operative banks maintain with scheduled commercial banks to process online transactions such as NEFT, RTGS, IMPS and UPI. Since these accounts act as a common gateway for all customers' digital transactions, freezing a mirror account over suspected fraud by a few customers can disrupt online banking services for the entire co-operative bank. The Court noted that a co-operative bank processes online fund transfers for its customers through such a mirror account maintained with a scheduled bank. Whenever an individual account holder is suspected of cyber fraud, investigating agencies freeze or place a lien on the bank's mirror account instead. As a result, the bank itself suffers financial losses and its services are disrupted.

2. Allahabad HC grants bail to man booked for sharing social media post showing PM apologising to Pakistan

Allahabad HC grants bail to man booked for sharing social media post showing PM apologising to Pakistan

Allahabad HC grants bail to man booked for sharing social media post showing PM apologising to Pakistan The Allahabad High Court recently granted bail to a man who has spent over a year in jail for allegedly sharing a social media post showing Prime Minister Narendra Modi apologising to Pakistan along with the slogan “Pakistan Jindabad.” [Ashraf Khan v. Justice Arun Kumar Singh Deshwal passed the order on July 14 after noting that despite charges in the case having been framed months ago, the trial had not moved forward and not a single prosecution witness had been examined. “The speedy trial is the fundamental right of an accused,” the Court observed. Therefore, it granted bail to the accused while imposing conditions on his use of social media after his release. The case arose from a First Information Report (FIR) registered against one Asharaf Khan. The prosecution alleged that Khan had circulated a social media post depicting Prime Minister Narendra Modi apologising to Pakistan, along with the slogan “Pakistan Jindabad”. It argued that the post insulted the Indian Army, the Prime Minister and the Defence Minister, was prejudicial to national integration and encouraged separatist activities. Khan was arrested on May 13, 2025 and his first bail plea was rejected by the High Court in July 2025. He moved the High Court again, arguing that there was no material to show that he had forwarded the allegedly objectionable post.

3. CCI dismisses plea alleging collusion between Reliance Jio and over 4,500 entities

CCI dismisses plea alleging collusion between Reliance Jio and over 4,500 entities

CCI dismisses plea alleging collusion between Reliance Jio and over 4,500 entities The Competition Commission of India (CCI) on Thursday dismissed a plea alleging anti-competitive practices by Reliance Jio Infocom Limited and more than 4,500 entities operating across several sectors. A coram comprising CCI Chairperson Ravneet Kaur and Members Sweta Kakkad and Deepak Anurag closed the case after finding that the allegations were generic, speculative and unsupported by evidence. The plea was filed by one Goutam Mohanta against entities operating in telecommunications, logistics, Government e-Marketplace (GeM) procurement, energy, infrastructure, cement, steel, healthcare, pharmaceuticals and real estate, among other sectors. Mohanta alleged price coordination, market sharing, bid-rigging, exclusionary practices and abuse of dominance in violation of Sections 3 and 4 of the Competition Act. In the telecom sector, he claimed that operators in eastern and north-eastern India offered similar tariff structures, commonly used 28-day and 84-day recharge periods and adopted comparable prices and data policies. However, the CCI found that the allegations were based only on a comparison of publicly available recharge plans. No evidence indicating coordinated action or a meeting of minds among the operators was produced. “The Commission is of the view that mere existence of parallel or similar pricing in an oligopolistic market cannot by itself be prima facie indicative of prohibited conduct under Section 3 of the Act,” the order said. The plea also alleged price alignment, route allocation and exclusionary practices in the logistics sector.

4. Tech Mahindra books ₹272.4 crore exceptional charge on implementation of new Labour Codes

Tech Mahindra books ₹272.4 crore exceptional charge on implementation of new Labour Codes

Tech Mahindra books ₹272.4 crore exceptional charge on implementation of new Labour Codes - Corporate & Business - 1 min read Tech Mahindra books ₹272.4 crore exceptional charge on implementation of new Labour Codes Tech Mahindra books a ₹272.4 crore exceptional charge following the new Labour Codes, which raise employee benefit obligations. - Published On Jul 17, 2026 at 09:14 AM IST Tech Mahindra Ltd has recognised an exceptional charge of ₹272.4 crore in its financial results following the implementation of India's new Labour Codes, reflecting the incremental impact on employee benefit obligations. "Considering the materiality and the regulatory-driven, non-recurring nature of the impact, the Group classified the incremental ₹2,724 million (₹272.4 crore) charge related to employee benefit obligations as an 'exceptional item', Tech Mahindra said in its audited consolidated interim financial results for the quarter ended June 30, 2026. The company said the implementation resulted in an incremental impact of ₹2,724 million (₹272.4 crore) on employee benefit obligations, which it has presented as an exceptional item in its financial statements, considering the materiality and the regulatory-driven, non-recurring nature of the expense. Effective November 21, 2025, the Government of India notified the four Labour Codes—the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020—thereby consolidating 29 existing labour laws. "Considering the materiality and the regulatory-driven, non-recurring nature of the impact, the Group classified the incremental ₹2,724 million (₹272.4 crore) charge related to employee benefit obligations as an 'exceptional item', Tech Mahindra said in its audited consolidated interim financial results for the quarter ended June 30,…

5. 'Not a blanket bar': Supreme Court clarifies bulldozer order

'Not a blanket bar': Supreme Court clarifies bulldozer order NEW DELHI: In an important clarification to its two-year-old judgement against 'bulldozer justice', Supreme Court said its ruling does not

'Not a blanket bar': Supreme Court clarifies bulldozer order

'Not a blanket bar': Supreme Court clarifies bulldozer order NEW DELHI: In an important clarification to its two-year-old judgement against 'bulldozer justice', Supreme Court said its ruling does not bar use of bulldozers to remove rampant illegal constructions and encroachments on public land following compliance with the procedure laid down in municipal laws. Refusing to adjudicate individual contempt petitions alleging demolition of houses, mosques and other structures in flagrant violation of the elaborate procedure laid down in SC's Nov 13, 2024, judgement, a bench of CJI Surya Kant and Justices Joymalya Bagchi and V Mohana said in each case there has to be a fact-finding exercise to ascertain whether authorities took steps arbitrarily and that jurisdictional HCs would be in better position to carry out this exercise. When the petitioners alleged bulldozers were used to remove houses, kiosks or shanties, the bench said, "There are rampant illegal constructions and encroachments in public places. That is not the area where SC has commented on use of bulldozers. SC was concerned about the pick-and-choose policy of authorities for demolitions, like using bulldozers only on houses of accused persons when illegal constructions were all around those properties. " Bulldozers need to be used when rule of law is thwarted: SC Justice Bagchi said, "Bulldozers need to be used when the rule of law is thwarted by a comfortable corruption between municipal authorities and illegal encroachers. But we also need to ensure that under the guise of implementing law, there should not be a categorisation of individuals. "Let us say everyone in the area has violated the law and encroached onto a footpath.

1. Deo Prasad and Ors. vs. State of Uttar Pradesh (15.07.2026 - SC)(MANU/SC/0706/2026)

The Supreme Court of India addressed the appeal by Deo Prasad and others against their conviction for murder under Sections 147, 148, and 302 read with 149 of the IPC. The core issue was whether the p

2. Debojit Pankika Charaideo Sonari vs. The State of Assam (13.07.2026 - SC)(MANU/SC/0705/2026)

The Supreme Court of India addressed the appeal of Debojit Pankika Charaideo Sonari against the State of Assam, concerning his conviction under Sections 302 and 201 of the IPC for the murder of a mino

3. Sanjay Sharma vs. Krishnadhan Khaware and Ors. (15.07.2026 - SC)(MANU/SC/0704/2026)

The Supreme Court of India addressed whether the application for probate of a Will by Bhudeo Prasad Singh, favoring Sanjay Sharma, was barred by limitation. The court clarified that the Indian Success

4. Lakshmi vs. Gopi and Ors. (15.07.2026 - SC)(MANU/SC/0703/2026)

The Supreme Court of India addressed the appeal by Lakshmi against Gopi and others concerning the execution of a Will by Thankam. The core issue was whether the High Court of Kerala erred in overturni

5. Mehmood Khan vs. The State of Madhya Pradesh (18.06.2026 - SC)(MANU/SC/0702/2026)

The Supreme Court of India addressed whether Mehmood Khan's act constituted murder under Section 302 IPC or culpable homicide not amounting to murder under Section 304 IPC, following a sudden election

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