-Tehelka The sentencing of Wall Street wizard Rajat Gupta in the historic insider trading case has led to the fall of a one-time icon for many Indians “This is where destiny is taking me.” This is what former Goldman Sachs Group Inc director, Rajat Gupta, told old friend Pramod Bhasin, as he sat with a glass of scotch in hand, in a mid-town bar in New York. Little did Gupta know how prophetic...
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How was Sinha appointed SEBI chief, asks SC
-IANS The Supreme Court Wednesday issued notice to the central government on a petition seeking the quashing of the appointment of U.K. Sinha as the SEBI (Securities and Exchange Board of India) chief. The court also issued notice to Sinha. The apex court bench of Justice Nijjar and Justice H.L. Gokhale issued notice on a petition by Arun Kumar Aggarwal alleging that Sinha's appointment as the head or market regulator was vitiated...
More »Tilting the balance
-The Business Standard SC's order on trial coverage is prone to misuse The Supreme Court has ruled that if publishing news concerning a trial creates “a real and substantial risk of prejudice to the proper administration of justice or to the fairness of trial”, the court could allow a postponement of its publication through an appropriate order. The order was passed on complaints that had alleged breach of confidentiality during the...
More »A judgement & some worries
-Live Mint The judgement whittles down an already embattled freedom available to the Press In an important judgement it delivered on Tuesday, the Supreme Court has institutionalized the power to temporarily prohibit the Press from reporting court proceedings in case it interferes with the right to a free and fair trial. While the court shied from prescribing guidelines for the Press on court reporting, in the same breath it allowed individuals and companies...
More »SC lays down new media coverage doctrine-Kian Ganz and Shuchi Bansal
-Live Mint Court says aggrieved party can seek temporary postponement of a matter by moving the appropriate court Mumbai/New Delhi: The good news for those who deal in news is that the Supreme Court decided against framing guidelines for covering so-called sub judice matters, or those before the courts. The bad news is that by delivering what some analysts are calling an ambiguous judgement, the apex court may have well made it easier...
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