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In a major win for environmental regulators, the Supreme Court has ruled that pollution control boards across the country have the legal authority to demand compensation and guarantees to prevent or remedy environmental harm — even if actual pollution hasn’t taken place yet. The verdict came in a case filed by the Delhi Pollution Control…
The Supreme Court in this significant environmental law case examined whether State Pollution Control Boards (SPCBs), such as the Delhi Pollution Control Committee (DPCC), have the power to impose compensatory environmental damages under Section 33A of the Water (Prevention and Control of Pollution) Act, 1974 and Section 31A of the Air (Prevention and Control of…
The Allahabad High Court observed that family pension is statutory and beyond the employee’s unilateral control. Thus, the family pension is a statutory entitlement of the legally wedded spouse and cannot be revoked or excluded by any declaration, nomination or action of the deceased employee. A writ was filed against the order of the Finance…
FIG Paper no. 48: Change in Control & Learnings in FIG space 2 Mergers and acquisitions (M&A) in the banking, financial services, and insurance (BFSI) sector constituted approximately 10% of all M&A activity in India in 2024, exceeding USD 12.1 billion[1] in value, making it the second highest among all sectors. Infrastructure and BFSI are…
