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The Delhi High Court directed the private schools in the national capital not to collect arrears from parents, subjected to the huge burden of fee hike of their wards, giving them a substantial relief.  Imposing a stay on the schools for collection of dues accumulated from Jan 1, 2006 to Aug 31, 2008, a..

Punjab and Haryana High Court held Bharat Inder Singh Chahal, former media advisor to former Punjab Chief Minister Amarinder Singh, guilty of criminal contempt of court for interference and obstruction in the judicial process and administration of justice by his action of preventing production of records of the state sports depa..

Holistic reforms to make India’s judicial system accountable, and responsive to litigants, were stressed by Veerappa Moily who took over as new Law and Justice Minister today. "Judicial reforms cannot be partial, cannot be fragmented," asserted Moily, who has succeeded Hans Raj Bhardwaj, drop..

In another jolt to Uttar Pradesh government, the Allahabad High Court today stayed the implementation of one of its most ambitious projects - Ganga Expressway, cancelling the permission of the environment department of August 23, 2007. The Court, though not touching the project per se, stayed the implementat..

 The Nagpur Bench of the Bombay High Court has granted Maharashtra police time till June 2 to file its reply in connection with a petition seeking a probe by the CBI into the death of a seven-year-old girl, whose body was found in a car parked in the residence of BJP state unit chief Nitin Gadkari. In h..

Delhi High Court will remain closed for summer vacation from June 1 and reopen on July 1.  Meanwhile, Chief Justice A P Shah has nominated six vacation judges to deal with urgent civil and criminal cases during the recess.  The judges are Justice Veena Birbal, Justice J R Midha..

A Division bench of the Jammu and Kashmir High Court has issued notice to the state government on a petition seeking implementation of J&K Juvenile Justice Act.  The bench, comprising Chief Justice Barin Ghosh and Justice Muzaffar Hussain Attar issued notice to Advocate General, who was also present..

The Jammu and Kashmir High Court has dismissed a petition seeking directions to the Election Commission (EC) to quash the 2008 General Assembly elections in the state. The petition was filed by the Awami National Conference (ANC) Vice President Muzaffar Ahmad Shah, cousin of Chief Minister Omar Abdullah, seeking nullification of the whole elections. The..

All India Anna Dravida Munnetra Kazhagam (AIADMK) General Secretary J Jayalalithaa has submitted that the office of the Public Prosecutor cannot be "misused" by the State government for filing complaints, ignoring genuine concern of the general public regarding the welfare of the Sri Lankan Tamil people. In a writ petition filed before the Madras High Court, she so..

Delhi High Court will remain closed for summer vacation from June 1 and reopen on July 1. Meanwhile, Chief Justice A P Shah has nominated six vacation judges to deal with urgent civil and criminal cases during the recess. The judges are Justice Veena Birbal, Justice J R Midha, Justice Manmohan Singh, Justice Suresh Kait, Justice Aruna Suresh and Justice S..

Holistic reforms to make India’s judicial system accountable, and responsive to litigants, were stressed by Veerappa Moily who took over as new Law and Justice Minister today. "Judicial reforms cannot be partial, cannot be fragmented," asserted Moily, w..

The International Federation of Accountants (IFAC) released its 2008 annual report today, highlighting initiatives to help restore global financial stability and, in addition, describing how some of IFAC's core work-developing international standards and guidanc..

Prime Minister Manmohan Singh indicated that the full Budget for 2009-10 may announce a disinvestment of government stake in public sector companies. "Fiscal prudence and disinvestment of public sector units -- all these issues will be tackled by th..

China's banking regulator unveiled measures to ensure investment loans get used for actual projects, the latest move highlighting Beijing's concerns over fund misuse amid an avalanche of new lending. The China Banking Regulatory Commission released the d..

The International Accounting Standards Board (IASB) has published for public comment an exposure draft of draft guidance on fair value measurement. If adopted, the proposals would replace fair value measurement guidance contained in individual Internatio..