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Feb 13 • 4 tweets • 5 min read
Breaking: LIC files its Draft IPO Documents with SEBI

Cyril Amarchand Mangaldas and Duane Morris & Selvam LLP represent Government of India

Shardul Amarchand Mangaldas & Linklaters represent the Bankers

@cyrilamarchand @LinklatersLLP @AMS_Shardul @shardul_shroff #LICIPO #SEBI Image
LIC is involved in 26,919 CASES of criminal, consumer, civil proceedings, tax proceedings

- 269 Criminal
- 12,323 Consumer
- 14,263 Civil (including 60 contempt matters)
- 63 Tax
- 1 regulatory

#SEBI #LICIPO #LIC
The Parliament of India passed the Life Insurance Corporation Act on June 19, 1956, and the Life Insurance Corporation of India was created on September 1, 1956.

LIC intends to sell 5% equity comprising of 31.6 crore shares (316,249,885).

#SEBI #LICIPO #LIC
Linklaters, Duane Morris & Selvam and Shardul and Cyril Amarchand act on India's biggest LIC IPO

#LICIPO #LIC @LinklatersLLP @AMS_Shardul @cyrilamarchand

Read More: bit.ly/3uQLa56 Image

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More from @barandbench

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Feb 16
Hijab Ban: Karnataka HC full-bench to resume hearing at 2.30 pm today.

Devadatt Kamat concluded his arguments yesterday. Sr. Adv. Ravivarma Kumar is currently making arguments.

Track this thread for LIVE UPDATES.

#HijabRow #HijabControversy #KarnatakaHighCourt Image
The matter is being heard by a Bench of Chief Justice Ritu Raj Awasthi and Justices Krishna S Dixit and JM Khazi.

#HijabRow #KarnatakaHijabControversy #KarnatakaHighCourt
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Feb 16
Supreme Court Bench of Justice DY Chandrachud, Justice Surya Kant and Justice Vikram Nath are hearing the ex-servicemen's plea to implement "One Rank One Pension" in the Defence Forces Image
ASG Venkataraman: they have raised 3 contentions
1. they say it should be automatic, not periodical
2. review once in 5 years is not acceptable
3. third is a chart which i will now show
ASG : The chart shows that you should take the scale and not go by the mean.

DYC, J : you've taken the mean but no one is brought down

ASG agrees
Read 37 tweets
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Feb 16
#DelhiHighCourt will today pronounce its judgment in Ansal Brothers' plea seeking suspension of sentence in evidence tampering case related to Uphaar Cinema tragedy. Image
Justice Subramonium Prasad will pronounce the judgement shortly.
#DelhiHighCourt #UphaarTragedy
Bench has assembled.
Read 5 tweets
Bar & Bench Profile picture
Feb 15
Hijab Ban: Karnataka High Court full bench to hear petitions against ban on wearing hijab in Govt colleges.

#Hijab #HijabRow #KarnatakaHijabRow #karnatakahighcourt

Track this thread for LIVE UPDATES from court. Image
Hindu Sena Vice President has filed intervention application before the High Court praying that he be heard.

#Hijab #HijabRow #HijabBan

Read more about that here: bityl.co/Aw4V Image
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#HijabBan #HijabRow #karnatakahijab

Read live account from court here: bityl.co/Aw4t Image
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Feb 15
#BombayHighCourt expresses dissatisfaction at affidavit submitted by #maharashtragoverment on the status of CCTV installations in the State.

@CMOMaharashtra
@DGPMaharashtra Image
Bench of Justice SJ Kathawalla and Milind Jadhav had directed for action to be taken against senior inspectors to ensure that the Supreme Court order on installation of cameras is followed.

Read story: bit.ly/3Jsbjer Image
The Court also sought for a report which was tendered today.

Court: We see that an action has been taken after court passed the order.
Are we supposed to run the administration, spoon feed them? Whatever we have stated (in order) has been reproduced in the ‘paripatrak’.
Read 9 tweets
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Feb 15
Supreme Court hears a plea by G Devarajegowda against @PrajwalRevanna 's 2019 Lok Sabha Election from Hassan. He is @H_D_Devegowda 's grandson. The plea said that Prajwal had resorted to unfair and corrupt practices and his election should be set aside #SupremeCourt Image
Notice was issued on the last date. Senior Advocate Mukul Rohatgi appears. @iPrajwalRevanna #SupremeCourt
Rohatgi: If there is no compliance of Sec 81 of RPA, then the petition must be dismissed. It is mandatory in nature.

@iPrajwalRevanna #SupremeCourt #SupremeCourtofIndia
Read 4 tweets

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