Star Health Data Breach | Supreme Court Urges Insurer To Explore Amicable Resolution With Cybersecurity Expert

The Supreme Court on Friday asked Star Health and Allied Insurance Company to explore settling its dispute with cybersecurity expert Himanshu Pathak over alleged vulnerabilities in the insurer's systems. The direction came while the court was hearing Pathak's challenge to a Madras High Court judgment dismissing his writ appeals.A bench of Chief Justice Surya Kant, Justice Joymalya Bagchi and Justice V. Mohana indicated that it would prefer the parties to bring the litigation to a close rather...

Supreme Court Sets Aside TDSAT Ruling That Barred TRAI From Adjudicating Contractual Disputes Between Service Providers

The Supreme Court on Friday allowed the Telecom Regulatory Authority of India's (TRAI) appeal and set aside the Telecom Disputes Settlement and Appellate Tribunal's (TDSAT) judgment. TDSAT had held that TRAI lacked jurisdiction to adjudicate disputes between service providers arising out of their contractual relationship, even where the dispute involved alleged breaches of TRAI regulations. It had consequently quashed TRAI's direction requiring Polimer Cable Network to restore television...

Supreme Court Reserves Verdict In Appeals Against Order On Client Securities Sold To Recover Anugrah Stock Broking's Dues

The Supreme Court on Thursday reserved its verdict in a batch of appeals filed by Edelweiss Custodial Services Ltd., Yes Bank Ltd. and SMC Global Securities Ltd.The appeals arise out of disciplinary proceedings initiated after the collapse of Anugrah Stock & Broking. NSE Clearing alleged that clearing members had sold client securities to recover the broker's proprietary trading dues, contrary to SEBI circulars and exchange regulations.The Securities Appellate Tribunal (SAT) order, in...

Star Health Data Breach | Cybersecurity Expert Moves Supreme Court Against Madras HC Order Refusing Probe

A plea has been filed in the Supreme Court challenging the Madras High Court's dismissal of petitions seeking directions to MeitY, IRDAI and SEBI to take action against Star Health and Allied Insurance Company over alleged cybersecurity vulnerabilities that put customers' personal data at risk. The appeal has been filed by cybersecurity expert Himanshu Pathak, proprietor of CyberX9, against the Madras High Court's judgment dismissing his writ appeals seeking such directions.A bench of Chief...

Supreme Court Stays Cognizance Against Former Coal Secretary, Naveen Jindal, JSPL In Coal Block Allocation Case

The Supreme Court recently stayed a Delhi court's decision to take cognizance in the coal block allocation case involving former Coal Secretary P.C. Parakh, Jindal Steel & Power Ltd. (JSPL), its Chairman Naveen Jindal and others. The proceedings arise out of a CBI investigation into the allocation and subsequent mining operations of the Gare Palma IV/1 coal block in Chhattisgarh. A preliminary inquiry was initiated in 2012 following complaints alleging irregularities in coal block...

FERA Opportunity Notice Mandatory Before Instituting Complaint, Taking Cognizance: Supreme Court

The Supreme Court on Tuesday held that no criminal complaint under the Foreign Exchange Regulation Act (FERA) can be instituted unless the proposed accused is first given a meaningful opportunity to show it had the requisite permission, ruling that the requirement is mandatory and not a mere procedural formality.A bench of Justices J.B. Pardiwala and Manoj Misra, relying on the Delhi High Court's decisions in Devashis Bharracharya, Sanjay Malviya, United India Airways Ltd., and Shilpi Modes,...

Supreme Court Appoints Amicus Curiae In Patent Case Over Human-AI Integration Technology

The Supreme Court has appointed Senior Advocate Swathi Sukumar as Amicus Curiae in a patent case over an invention that claims to enhance human capabilities by integrating them with artificial intelligence (AI), creating what its inventor describes as a "Pan-Environment Super-Cyborg."The invention, titled "Necktie Persona-Extender/Environment-integrator and method for Super-Augmenting a Persona to Manifest a Pan-Environment Super-Cyborg,"A bench of Justice K.V. Viswanathan and Justice Alok...

Supreme Court Quashes 1992 FERA Proceedings Against Standard Chartered Bank Over NRE Transactions

The Supreme Court on Tuesday quashed criminal proceedings initiated against Standard Chartered Bank under the Foreign Exchange Regulation Act, 1973 (FERA). The case stemmed from allegations that the bank facilitated foreign exchange transactions in 1992 by allowing foreign currency deposits and remittances through Non-Resident External (NRE) accounts without the approvals mandated under the Act.A bench of Justices J.B. Pardiwala and Manoj Misra allowed the bank's appeal against the Bombay High...

Small Operational Creditors Are 'Significantly Disenfranchised': Supreme Court Urges Review Of IBC Framework

The Supreme Court on Friday observed that small operational creditors, including MSMEs and statutory local bodies, remain "significantly disenfranchised" under the Insolvency and Bankruptcy Code (IBC) by being placed at the bottom of the repayment waterfall. Observing that the issue falls within the legislative domain, the court urged the Law Commission of India and the legislature to examine whether a fairer repayment mechanism could be devised without compromising the efficiency and commercial...

Plea Filed In Supreme Court Against HC Order Refusing CBI Probe Against Reliance Industries

The challenge consists of allegations that Reliance Industries illegally extracted natural gas from ONGC's Krishna-Godavari basin fields

"We Will Try To Give Fair And Equal Allocation": Centre Tells Supreme Court In Ethanol Allocation Row

While assuring the Supreme Court that the government was attempting to evolve a fair solution for Dedicated Ethanol Plants (DEPs), Attorney General R. Venkataramani, appearing for Bharat Petroleum Corporation Ltd. (BPCL) and other oil marketing companies (OMCs), said, "We will try to give fair and equal allocation." The court on Thursday posted for hearing on July 29 a batch of matters concerning ethanol allocation for Dedicated Ethanol Plants for the Ethanol Supply Year (ESY) 2025–26. A...

Supreme Court Sets Aside Anticipatory Bail Granted To HGPI Chairman In Post-Matric Scholarship Scam PMLA Case

The Supreme Court on Thursday set aside the Himachal Pradesh High Court's order granting anticipatory bail to Rajnish Bansal, Chairman of the Himalayan Group of Professional Institutions (HGPI) and Apex Group of Professional Institutions (AGPI), in the Enforcement Directorate's money laundering case linked to the alleged Post-Matric Scholarship Scheme scam. A bench of Justices M.M. Sundresh and Prasanna B. Varale allowed the ED's appeal. It held that the High Court had failed to adequately...