Power companies have welcomed the Supreme Court’s stay on RBI circular and said the verdict will prevent 13Gw of stressed power plants from insolvency. “SC order has provided a great relief to Power sector stressed assets
The Supreme Court did not agree to a plea for staying the hearing, scheduled for this Thursday, in the Allahabad High Court (HC) on the Reserve Bank of India’s (RBI’s) bankruptcy proceedings on stressed power sector assets.
The Supreme Court has said that there was something “terribly wrong” with the Railways which has failed to provide adequate medical facility in trains and stations resulting in deaths of passengers in some cases.
Does the Petroleum Ministry consider itself to be ‘God’ or a ‘super government’ and think that the “unemployed” judges are at their mercy, an anguished Supreme Court bench observed today.
The Supreme Court today directed the National Highways Authority of India (NHAI) to throw open the Eastern Peripheral Expressway for the public by May 31, asking why were they “waiting” for its inauguration by the Prime Minister.
The Supreme Court today directed the National Highways Authority Of India (NHAI) to ensure that the newly constructed Eastern Peripheral Expressway, which is aimed at decongesting Delhi, is inaugurated on or before May 31.
The Supreme Court ordered that one of the members of electricity regulatory commissions should be a person of judicial background, quashing orders of various high courts that the chairperson of such bodies in states should be a high court judge. The top court also said the judicial member should be part of the quorum in adjudicatory matters.
“We are being befooled by the executive”, was what a “frustrated” Supreme Court said today while ruing the fact that around Rs one lakh crore worth of funds meant to protect the environment and benefit the people, was being diverted for other purposes.
The Supreme Court Monday asked the Centre to consider if it was possible to roll out BS-VI fuel in thirteen metro cities by April 2019.
Vedanta Ltd today said its mines in Goa will be impacted following the Supreme Courtjudgement to cancel the second renewal of 88 iron ore mining leases in the state. The apex court yesterday quashed the second renewal of 88 iron ore mining leases in Goa in 2015, saying the sole motive of the companies behind the commercial activity was profit maximisation and […]