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News and Recent Judgment Gist (BETA)

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1. SC seeks response of Centre, BCI, CBI on plea seeking probe into activities of persons associated with CJP

Supreme Court seeks response from Centre on plea seeking probe into fake advocates, ‘Cockroach Janta Party’ activities The Supreme Court on Tuesday issued notice to the Central government, Bar Council

SC seeks response of Centre, BCI, CBI on plea seeking probe into activities of persons associated with CJP

Supreme Court seeks response from Centre on plea seeking probe into fake advocates, ‘Cockroach Janta Party’ activities The Supreme Court on Tuesday issued notice to the Central government, Bar Council of India (BCI) and the Central Bureau of Investigation (CBI) on a petition seeking a probe into fake advocates, fraudulent law degrees and the activities of persons associated with Cockroach Janta Party (CJP). A Bench of Chief Justice of India (CJI) Surya Kant and Justices Joymalya Bagchi and V Mohana sought the response of the government, CBI and BCI on a petition filed by lawyer Raja Choudhary. The petitioner also sought action against alleged commercial exploitation and monetised circulation of oral courtroom observations made during proceedings before the Supreme Court. The plea arose out of Supreme Court proceedings held on May 15, during which concerns were expressed regarding procedural misuse of courts, conferment of Senior Advocate designation and deterioration of professional standards within the legal profession. According to the petition, certain metaphorical “cockroach” references used by CJI Kant during spontaneous courtroom exchanges were subsequently selectively clipped, meme-ified, mimicked, commercially circulated, and transformed into viral digital content detached from constitutional and procedural context. The plea clarified that it is not directed against criticism of the judiciary, democratic dissent, satire or free speech protected under Article 19(1)(a) of the Constitution. Instead, it alleged organised commercial exploitation, trademark-commercialisation, monetised viral circulation, meme-based distortion, and algorithmically amplified digital commodification of oral courtroom proceedings. "Issue an appropriate writ, order, or direction directing competent authorities to examine and take action in accordance with law against persons/entities allegedly involved in… --- SC seeks response of Centre, BCI, CBI on plea seeking probe into activities of persons associated with CJP - Litigation - 2 min read SC seeks response of Centre, BCI, CBI on plea seeking probe into activities of persons associated with CJP The CJP came into being following a remark made by Chief Justice of India Surya Kant during a court hearing in May and later it led a Gen-Z protest against NEET-UG paper leak.

2. Kerala HC sets aside denial of FCRA renewal of 2 NGOs for 'funding' Vizhinjam protests

Kerala HC sets aside denial of FCRA renewal of 2 NGOs for 'funding' Vizhinjam protests - Litigation - 4 min read Kerala HC sets aside denial of FCRA renewal of 2 NGOs for 'funding' Vizhinjam protests

Kerala HC sets aside denial of FCRA renewal of 2 NGOs for 'funding' Vizhinjam protests

Kerala HC sets aside denial of FCRA renewal of 2 NGOs for 'funding' Vizhinjam protests - Litigation - 4 min read Kerala HC sets aside denial of FCRA renewal of 2 NGOs for 'funding' Vizhinjam protests The High Court said that the right to protest is guaranteed under the Constitution and therefore, financial support to protesters cannot be seen as a diversion of foreign funds for an undesirable purpose or against public interest, tantamounting to violation of any provision in the Foreign Contribution Regulation Act (FCRA). Kochi, The Kerala High Court has set aside the Centre's decision not to renew the FCRA certificate of two NGOs, accused by central agencies of funding agitations against the Vizhinjam sea port, saying that financial support to a protest cannot be seen as diversion of foreign funds. The High Court said that the right to protest is guaranteed under the Constitution and therefore, financial support to protesters cannot be seen as a diversion of foreign funds for an undesirable purpose or against public interest, tantamounting to violation of any provision in the Foreign Contribution Regulation Act (FCRA). "A peaceful protest against a project by persons who have a grievance or who apprehend injury to them, cannot be viewed as an undesirable purpose' due to a political disapproval," it said in the order dated August 11. The court also said that "executive or administrative distaste" for protests or dissents cannot convert the exercise of a constitutionally protected right into an undesirable purpose' or as against public interest. "Thus, even if it is assumed that some financial support was provided to the protestors, it cannot be treated as diversion of foreign contribution for an undesirable purpose or against public interest, tantamounting to violation of any provision in the FCRA," it said.

3. HC flags concern over RCs of total-loss vehicles, asks IRDAI to review rules

HC flags concern over RCs of total-loss vehicles, asks IRDAI to review rules - Litigation - 1 min read HC flags concern over RCs of total-loss vehicles, asks IRDAI to review rules The court was hearin

HC flags concern over RCs of total-loss vehicles, asks IRDAI to review rules

HC flags concern over RCs of total-loss vehicles, asks IRDAI to review rules - Litigation - 1 min read HC flags concern over RCs of total-loss vehicles, asks IRDAI to review rules The court was hearing a PIL filed by advocate Dhruv Kumar, a former insurance company officer, who has challenged provisions of IRDAI’s master circular dated Jun 11, 2024. The court also asked the regulator to reconsider the provisions and is expected to take up the plea for an interim stay at the next hearing. Lucknow: The Allahabad high court’s Lucknow bench has asked the Insurance Regulatory and Development Authority of India (IRDAI) to revisit its 2024 rules that allow insurers to settle claims for completely damaged vehicles without mandatory cancellation of their registration certificates (RCs). The court was hearing a PIL filed by advocate Dhruv Kumar, a former insurance company officer, who has challenged provisions of IRDAI’s master circular dated Jun 11, 2024. The court also asked the regulator to reconsider the provisions and is expected to take up the plea for an interim stay at the next hearing. The dispute relates to vehicles declared a “total loss” after being damaged beyond reasonable repair. Kumar said IRDAI had issued a circular on Jul 25, 2019, asking insurers to ensure cancellation of the RC while settling such claims. The 2019 circular followed information from law enforcement agencies that documents of total-loss vehicles were being misused to give stolen vehicles a new identity by changing or forging engine and chassis numbers.

4. Zee seeks clarity on promoter fundraise

Zee seeks clarity on promoter fundraise - Corporate & Business - 2 min read Zee seeks clarity on promoter fundraise Mumbai: Zee Entertainment Enterprises has approached the Securities and Exchange Boa

Zee seeks clarity on promoter fundraise

Zee seeks clarity on promoter fundraise - Corporate & Business - 2 min read Zee seeks clarity on promoter fundraise Mumbai: Zee Entertainment Enterprises has approached the Securities and Exchange Board of India (SEBI) seeking clarity on its proposed fundraise from the promoter group led by Subhash Chandra, in light of the market regulator's order barring the company and its promoters from accessing the securities market for two months and 12 months, respectively. Apart from approaching SEBI for clarification, the company has also moved the Securities Appellate Tribunal (SAT), challenging the regulator's July 31 order, which imposed a cumulative penalty of ₹1.48 crore on Zee, Chandra and Goenka, besides barring them from the securities market. On July 31, the company received shareholder approval to raise up to ₹3,143.5 crore through an issue of fully convertible warrants to promoter group entity Sunbright Mauritius Investments Ltd. The warrants are priced at ₹126 each, with 25% of the issue price payable upfront and the remaining 75% payable upon conversion. The warrants can be converted in one or more tranches within 18 months of allotment. "So as far as the fundraising, we have already written to the regulator seeking clarification and we have not received any response from there. We have also approached the SAT and we have filed an appeal there and we are hopeful of a resolution of this sooner rather than later. Based on the outcome of these efforts, we will be able to determine the future course of action," Mukund Galgali, CFO, Zee Entertainment, said during the Q1 earnings call.

5. CAM, S&R, Hogan Lovells Cadwalader act on Lohia Corp INR 1,101 crore IPO

CAM, S&R, Hogan Lovells Cadwalader act on Lohia Corp INR 1,101 crore IPO - Industry - 2 min read CAM, S&R, Hogan Lovells Cadwalader act on Lohia Corp INR 1,101 crore IPO The BRLMs on this IPO included

CAM, S&R, Hogan Lovells Cadwalader act on Lohia Corp INR 1,101 crore IPO

CAM, S&R, Hogan Lovells Cadwalader act on Lohia Corp INR 1,101 crore IPO - Industry - 2 min read CAM, S&R, Hogan Lovells Cadwalader act on Lohia Corp INR 1,101 crore IPO The BRLMs on this IPO included Equirus Capital and Motilal Oswal Investment Advisors. Cyril Amarchand Mangaldas has acted for Lohia Corp on its initial public offering of equity shares consisting of an offer for sale by the shareholders, aggregating to INR 1101.28 crore. S&R Associates and Hogan Lovells Cadwalader acted as the domestic and international counsel to the book-running lead managers on this transaction. CAM also separately advised promoters Amit Kumar Lohia and Gaurav Lohia, along with certain other shareholders, on a secondary pre-IPO sale of equity shares aggregating INR 2,949.50 million ahead of the listing. The BRLMs on this IPO included Equirus Capital and Motilal Oswal Investment Advisors. Lohia Corp's equity shares were priced at INR 425 per share and commenced trading on the BSE and NSE on July 30, 2026, with a listing gain of 8.47 percent over the issue price. The qualified institutional buyers portion of the offer was oversubscribed by approximately 9 times, while the overall offer was oversubscribed by around 7 times. CAM's team advising Lohia Corp on the IPO is being led by partner Abhiroop Lahiri, with support from associates Aakash Rao, Vatsala Parashar, Arnab Roy, Sanskar Modi and Shvabh Chakarwarti.

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