logo
#

Latest news with #1999

Bombay HC judgement acquitting 2006 Mumbai train blasts accused won't be treated precedent: Supreme Court
Bombay HC judgement acquitting 2006 Mumbai train blasts accused won't be treated precedent: Supreme Court

Hans India

timea day ago

  • Politics
  • Hans India

Bombay HC judgement acquitting 2006 Mumbai train blasts accused won't be treated precedent: Supreme Court

New Delhi: The Supreme Court on Thursday said that the Bombay High Court judgment acquitting 12 accused in the 2006 Mumbai train blasts case will not be treated as a binding precedent. A Bench of Justices M.M. Sundresh and N. Kotiswar Singh passed the order after Solicitor General Tushar Mehta submitted that the questions of law decided in the impugned judgment will affect other pending trials under the Maharashtra Control of Organised Crime Act, 1999 (MCOCA). The Justice Sundresh-led Bench also issued notice on the Maharashtra government's plea challenging the Bombay High Court order in the July 11, 2006, Mumbai blast case. Directing immediate release of 12 accused, of whom five were on death row and seven others on life imprisonment, the acquittal order passed by a bench of Justices Anil Kilor and S. Chandak on Monday came as a major blow to the investigation agencies in Maharashtra. The Justice Kilor-led Bench castigated the shoddy probe prosecution, opining that the prosecution failed to even establish the type of bombs used in the crime. The 12 accused -- incarcerated for 19 years -- succeeded in establishing before the Bombay High Court the fact of torture inflicted on them to extort confessional statements. As a result, it held the statements inadmissible, saying, "On all the tests relating to voluntariness and truthfulness of the confessional statements, the prosecution failed." On July 11, 2006, seven bomb serial blasts in packed Mumbai local trains brought the maximum city to its knees within 11 minutes. The terror attack left 189 dead and over 800 injured. Earlier in 2015, a special court convicted 12 individuals in the case, sentencing five -- Faisal Shaikh, Asif Khan, Kamal Ansari, Ehtesham Siddiqui, and Naveed Khan -- to death, while the remaining seven were given life imprisonment. The prosecution had argued that the attack was planned by Pakistan's intelligence agency, ISI, and carried out by operatives of Pakistan-based militant group Lashkar-e-Taiba with help from the Students' Islamic Movement of India, a banned Indian group. Last week, Chief Justice of India (CJI) B.R. Gavai agreed to urgently list the Maharashtra government's special leave petition (SLP) for hearing on July 24. Seeking an urgent hearing on the state government's special leave petition (SLP), Solicitor General Mehta said that it was a 'serious matter' requiring the top court's consideration on 'some important issues'.

Canada advances initiatives to protect the right to a healthy environment and enhance chemicals management Français
Canada advances initiatives to protect the right to a healthy environment and enhance chemicals management Français

Cision Canada

time2 days ago

  • Health
  • Cision Canada

Canada advances initiatives to protect the right to a healthy environment and enhance chemicals management Français

GATINEAU, QC, July 23, 2025 /CNW/ - To protect human health and the environment for future generations, the federal government is taking decisive action. Recognizing the deep interconnection between Canadian health and the environment, these sustainable efforts will create a clean and safe environment for all. The Government of Canada is now releasing: the Implementation Framework for the Right to a Healthy Environment under the Canadian Environmental Protection Act, 1999 (CEPA) the Plan of Priorities for chemicals management the Strategy to Replace, Reduce or Refine Vertebrate Animal Testing under CEPA These publications are key requirements under the modernized Canadian Environmental Protection Act, 1999 (CEPA). The Implementation Framework sets out the meaning of the right to a healthy environment and provides guidance on how the Government of Canada considers this right in the administration of CEPA. The Framework provides a new lens for decision-making to support and encourage strong protection of both the environment and people who may be disproportionally impacted by pollution, now and in the future. The Plan of Priorities outlines upcoming initiatives to address chemical substances in Canada. It includes a list of substances to be assessed and elaborates on activities that support the assessment, control, and management of risks posed by substances. This Plan builds on Canada's existing strong foundation for chemicals management. Linked to the Plan of Priorities, the Strategy to Replace, Reduce or Refine Vertebrate Animal Testing will help guide continued efforts toward the replacement, reduction, or refinement of vertebrate animal testing under CEPA. These initiatives work together to help protect the environment and the health of all people in Canada. Quotes "The Implementation Framework for the Right to a Healthy Environment under CEPA and the Plan of Priorities represent important steps forward in safeguarding the health of people in Canada and the environment. Initiatives like these will allow us to respond effectively to a changing and complex global chemical landscape and ensure that the right to a healthy environment is considered when making decisions under CEPA." – The Honourable Julie Dabrusin, Minister of Environment and Climate Change Quick facts The Canadian Environmental Protection Act, 1999 is one of Canada's core environmental laws. On June 13, 2023, Bill S-5, Strengthening Environmental Protection for a Healthier Canada Act, received Royal Assent. This was the first set of comprehensive amendments in over 25 years to the Canadian Environmental Protection Act, 1999. A right to a healthy environment in the CEPA context is recognized in the preamble of the modernized Canadian Environmental Protection Act, 1999. Canada's Chemicals Management Plan is enabled by the Canadian Environmental Protection Act, 1999. This Plan helps protect human health and the environment by assessing and managing the risks posed from a wide range of substances. More than 200 risk-management instruments are already in place to manage the risks from substances determined to be harmful under the Canadian Environmental Protection Act, 1999. Contacts Keean Nembhard Press Secretary Office of the Minister of Environment and Climate Change 343-552-2387 [email protected] Media Relations Environment and Climate Change Canada 819-938-3338 or 1-844-836-7799 (toll-free) [email protected] Environment and Climate Change Canada's X page Environment and Climate Change Canada's Facebook page Environment and Natural Resources in Canada's Facebook page Environment and Climate Change Canada's LinkedIn page Environment and Climate Change Canada's Instagram page SOURCE Environment and Climate Change Canada

ED files FEMA complaint against SIMPL over Rs 913 crore FDI violation
ED files FEMA complaint against SIMPL over Rs 913 crore FDI violation

Hans India

time2 days ago

  • Business
  • Hans India

ED files FEMA complaint against SIMPL over Rs 913 crore FDI violation

Bengaluru: The Enforcement Directorate's Bengaluru Zonal Office has filed a complaint against One Sigma Technologies Pvt Ltd (SIMPL) and its Director Nitya Nand Sharma for contravention of the Foreign Exchange Management Act to the tune of Rs 913 crore (Rs 913,75,88,062), an official statement said on Wednesday. The enquiries in the matter were initiated on the basis of credible information that SIMPL has received a substantial amount of Foreign Direct Investment (FDI) from the US, allegedly in violation of the extant FDI policy, the ED statement said. The ED investigation under the provisions of the FEMA revealed that the firm runs its business through mobile application named SIMPL. It provides Buy Now Pay Later services which allowed its customer to buy now and pay later in instalments, the ED said. Further, it was learnt that One Sigma Technologies Pvt Ltd received FDI to the tune of Rs 648,87,76,480 and issued Convertible Notes to the tune of Rs 264,88,11,582 under the 100 per cent automatic route by declaring its business activity as "Benefits of Information Technology and other computer service activities", the ED said. "During the course of investigation under FEMA, 1999, the business model and revenue generation model of M/s One Sigma Technologies Pvt Ltd were examined, and the same revealed that M/s One Sigma Technologies Pvt Ltd is into the business activities which fall under financial activities." "However, as per circular, dated October 20, 2016, issued by the RBI, FDI in financial activities not regulated by any authority is to be brought under the 100 per cent approval route. Further, in activity where government approval is necessary for receiving FDI, any startup company can issue convertible notes only with the approval of the government of India. However, M/s One Sigma Technologies Pvt Ltd has issued convertible notes without obtaining any approval from the government of India," the ED said. "M/s One Sigma Technologies Pvt Ltd (SIMPL) has received FDI under automatic route and issued convertible notes under automatic route without obtaining prior approval from the government of India and thereby contravened the provisions of FEMA, 1999, collectively to the tune of Rs 913,75,88,062 and rendered itself liable to be proceeded under section 13 of FEMA, 1999." "In view of the above, a complaint under section 16 (3) of FEMA, 1999 is filed before the Adjudicating Authority under FEMA," the ED added.

ED files complaint against Myntra and its directors for alleged FEMA offences worth over ₹1,645 crore
ED files complaint against Myntra and its directors for alleged FEMA offences worth over ₹1,645 crore

Mint

time2 days ago

  • Business
  • Mint

ED files complaint against Myntra and its directors for alleged FEMA offences worth over ₹1,645 crore

The Directorate of Enforcement's (ED) Bengaluru Zonal Office has on July 23, filed a complaint against e-commerce major Myntra Designs (Myntra), its related companies, and their Directors, under section 16(3) of the Foreign Exchange Management Act, 1999 (FEMA) for alleged offences worth ₹ 1,654,35,08,981 (i.e. ₹ 1,654.35 crore). In an official release, the ED said its probe was based on what the agency called credible information that Myntra and its related companies allegedly conducted Multi Brand Retail Trade (MBRT) under the guise of 'Wholesale Cash & Carry', which violates the extant Foreign Direct Investment (FDI) policy. According to the release, the ED investigation under provisions of FEMA, found that Myntra Designs had declared engagement in the wholesale cash and carry business, and thus and invited and received FDI from foreign investors equivalent to ₹ 1,654.35 crore. '… that they sold majority of their goods to Vector E-Commerce (who sold the goods in retail to the ultimate customer). That Vector and Myntra re related parties and belong to same group or group of companies. Vector e-commerce was created and continued to be used as corporate entity to bifurcate the B2C (retail business) transaction into B2B (between companies) and then B2C (Vector to retail customers),' it detailed. It added that probe found Myntra 'carried out multi-brand retail trading in the guise of wholesale cash and carry, and did not satisfy conditions laid down for 'Wholesale/Cash & Carry Trading' as they have made cent per cent sales to Vector — which is in contravention of amendment dated April 1, 2010 and October 1, 2010, which permitted only 25 per cent sale to companies belonging to the same group or group companies'. The ED release claimed that the Flipkart group-owned Myntra and others 'have contravened provisions as per section 6(3)(b) of FEMA 1999 and consolidated FDI policy dated April 1, 2010 and consolidated FDI policy dated October 1, 2010 to the tune of ₹ 1,654 crore'.

ED files Fema complaint against Myntra over ₹1,654 crore FDI violation
ED files Fema complaint against Myntra over ₹1,654 crore FDI violation

Business Standard

time2 days ago

  • Business
  • Business Standard

ED files Fema complaint against Myntra over ₹1,654 crore FDI violation

The Directorate of Enforcement (ED) on Wednesday said it has filed a complaint against Myntra Designs Private Limited (Myntra), its related companies, and their directors for contravention amounting to ₹1,654.35 crore, allegedly in violation of the extant Foreign Direct Investment (FDI) policy. The investigative agency has taken the action under Section 16(3) of the Foreign Exchange Management Act, 1999 (FEMA). The ED said that enquiries in the matter were initiated on the basis of credible information that Myntra and its related companies were engaged in multi-brand retail trade (MBRT) under the guise of wholesale cash-and-carry, allegedly in violation of the existing FDI policy. The ED investigation under the provisions of FEMA, 1999 revealed that Myntra Designs Pvt Ltd had declared it was engaged in wholesale cash-and-carry business and had invited and received FDI from foreign investors amounting to ₹1,654.35 crore. The firm sold a majority of its goods to Vector E-Commerce Pvt Ltd, which in turn sold the goods in retail to end customers. Vector E-Commerce Pvt Ltd and Myntra Designs Pvt Ltd are related parties and belong to the same group or group of companies. 'Vector E-Commerce Pvt Ltd was created and continued to be used as a corporate entity to bifurcate the B2C [business-to-customer, i.e. Myntra Designs Pvt Ltd to retail customers] transaction into B2B (Myntra Designs Pvt Ltd to Vector E-Commerce Pvt Ltd) and then B2C (Vector E-Commerce Pvt Ltd to retail customers),' said the ED statement. The ED further stated that its investigation also revealed Myntra Designs Pvt Ltd was actually carrying out multi-brand retail trading in the guise of wholesale cash-and-carry. The ED also noted that Myntra Designs Pvt Ltd had not met the conditions laid down for wholesale cash-and-carry trading, as it had made 100 per cent of its sales to Vector E-Commerce Pvt Ltd. This contravenes the amendments dated 1 April 2010 and 1 October 2010, which permitted only 25 per cent of sales to companies belonging to the same group or group companies.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store