Supreme Court partly allowed and disposed the appeal of New India Assurance Company Ltd challenging the Rajasthan High Court judgement awarding compensation of Rs.56,44,378/- by applying the multiplier to the net salary payable to the claimant/ first respondent.
The Supreme Court has observed that though a noticee under the SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations has a right to disclosure of material relevant to proceedings against him, the same was valid only under the protection of third-party rights.
The Supreme Court on Monday refused to interfere with the decision of the Madras High Court to transfer to CBI, the alleged religious conversion and suicide case of a 17-year-old in Thanjavur.
Supreme Court bench said they could highlight the concerns but were not inclined to give a direction to the Government since they were not domain experts.
The Supreme Court on Monday dismissed the petition of Richa Dubey, wife of main accused Vikas Dubey in Kanpur Bikru case where she sought quashing of the FIR lodged against her. However, the court allowed Richa Dubey to file a bail petition after surrendering; giving seven days time to surrender.