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1. External legal review clears HDFC Bank board after ex-chairman's exit

External legal review clears HDFC Bank board after ex-chairman's exit

External legal review clears HDFC Bank board after ex-chairman's exit - Corporate & Business - 2 min read External legal review clears HDFC Bank board after ex-chairman's exit HDFC Bank said an independent legal review found no evidence supporting concerns raised by former chairman Atanu Chakraborty resignation letter. HDFC Bank on Friday said an independent legal review commissioned after the resignation of former non-executive chairman Atanu Chakraborty has found no evidence to substantiate concerns raised in his resignation letter, according to a stock exchange filing. "In sum, the contemporaneous evidence reviewed was inconsistent with Mr. Chakraborty’s Statement, and External Law Firms’ review did not identify any basis for the Statement," the bank said in its exchange filing. The bank said external law firms—Wilson Sonsini Goodrich & Rosati and Wadia Ghandy & Co.—conducted a three-month review covering the two years preceding Chakraborty’s resignation. The exercise involved scrutinizing meeting minutes and agenda papers, conducting interviews, and reviewing additional documents and information, as well as interviews with each of the Independent Directors, including the Chairpersons of the relevant Committees, the Managing Director & Chief Executive Officer, and other senior management personnel heading certain control and assurance functions of the Bank. The reviewers found no contemporaneous record supporting claims of dissent or ethical concerns in board proceedings, and said witness interviews did not substantiate the allegations. While Chakraborty later referred to a "Dubai matter" in public comments, the firms said there was no evidence he had raised objections or recorded disagreement on that or other matters during his tenure.

2. Man posing as Navy officer held in alleged ₹18-lakh cheating case

Man posing as Navy officer held in alleged ₹18-lakh cheating case The Palarivattom police have arrested a 43-year-old man for allegedly posing as an Indian Navy officer and duping a Pathanamthitta nat

3. Chief Minister D.K. Shivakumar directs officials to step up action against GST evasion

Shivakumar directs officials to step up action against GST evasion Chief Minister D.K. Shivakumar on Friday (June 26) directed Commercial Taxes Department officials to intensify action against GST eva

4. Karnataka HC orders release of youth from prison after lover says physical relationship was consensual and they wish to marry

Karnataka HC orders release of youth from prison after lover says physical relationship was consensual and they wish to marry

Karnataka HC orders release of youth from prison after lover says physical relationship was consensual and they wish to marry The Karnataka High Court has ordered the release of a 19-year-old boy — sent to prison under judicial custody on the charges of raping a girl, also 19, on the false promise of marriage — after the girl appeared before the court and said that their physical relationship was consensual and they were eager to marry. ‘Deeply attached’ “The boy and the girl, asserting in unequivocal terms that they were, and continue to remain, deeply attached to one another, are willing to solemnise their relationship in marriage,” the court noted in its interim order while staying the criminal proceedings initiated against the boy and his parents on the complaint lodged by the girl, influenced by her family members. “Prima facie, no overt act suggestive of force, coercion, compulsion, or sexual assault is attributable to the boy and the material presently placed before this Court would, at least at this stage, indicate nothing more than a consensual relationship between two individuals who have both attained the age of majority,” noted Justice M. Nagaprasanna in his June 23 order. “The circumstance that has brought the boy to incarceration is not one born out of violence, coercion, or predation, but one that emerges from the tender and often turbulent realm of youthful affection,” the court noted while pointing out that “what began as a bond of mutual affection between two young adults has, unfortunately, spiralled into criminal proceedings, drawing not merely the boy but even members of his family into the vortex of criminal prosecution”. Familial approval Criminal law, grave and solemn in its operation, “cannot be permitted to overshadow every relationship that fails to conform to familial approval or societal comfort”, the court said.

5. Spinal Muscular Atrophy drug: regulatory approval should guide Kerala’s procurement policy, say experts

Spinal Muscular Atrophy drug: regulatory approval should guide Kerala’s procurement policy, say experts

Spinal Muscular Atrophy drug: regulatory approval should guide Kerala’s procurement policy, say experts The treatment of Spinal Muscular Atrophy (SMA), a rare progressive genetic disorder that destroys motor neurons and weakens muscles, leading to severe disability and sometimes, premature death, is emerging as a contentious issue in Kerala. Kerala has, since 2021, been procuring the high-priced patented SMA drug, Risdiplam by Roche pharma—which costs ₹5.4 lakh a bottle and was being procured by the State government at a negotiated price of about ₹1-₹1.25 lakh—to be given free of cost to SMA patients in the State. But, now that a generic version of the drug by Natco pharma, approved by drug regulatory bodies, is available in the country—priced at 97% lesser cost than its patented version—the State government has been looking at procuring the generic version as this will enable the State to widen the drug access to more SMA patients and utilise the savings towards the treatment of other rare diseases, which are equally expensive. Advocacy groups’ demand However, patient advocacy groups such as Cure SMA have been arguing vociferously in Kerala that the efficacy of the generic drug is yet to be tested through clinical trials and that the State government should continue to supply the patented molecule till the generic’s efficacy is proved. Public health experts and doctors have now urged the State government that public health is all about maximising access to people and that unless credible scientific evidence demonstrates that the approved generic is less safe or less effective than the original molecule, regulatory approval should remain the primary basis for procurement decisions in publicly funded health programmes. The irony is that, the debate over patented drug versus generics over SMA drug is something unique to Kerala—the only State to utilise public funds for…

1. Mathu vs. State of Uttarakhand (25.06.2026 - SC)(MANU/SC/0657/2026)

The Supreme Court of India addressed the appeal of Mathu alias Jagdish against his conviction under Section 304/34 of the Indian Penal Code for the culpable homicide of Padam Singh Shahi. The core iss

2. Shankar Dutt vs. United India Insurance Co. Ltd. and Ors. (24.06.2026 - SC)(MANU/SC/0656/2026)

The Supreme Court of India addressed the appeal by Shankar Dutt against United India Insurance Co. Ltd. and others, concerning the enhancement of compensation for injuries sustained in a vehicular acc

3. M. Paramesh vs. VRL Logistics Ltd. and Ors. (23.06.2026 - SC)(MANU/SC/0649/2026)

The Supreme Court of India addressed the appeal by M. Paramesh against VRL Logistics Ltd. and others, focusing on the adequacy of compensation for injuries sustained in a motor accident. The Court fou

4. The Oriental Insurance Company Limited vs. Kalu Ram and Ors. (23.06.2026 - SC)(MANU/SC/0648/2026)

The Supreme Court of India addressed the dispute between The Oriental Insurance Company Limited and Kalu Ram and others regarding compensation for a motor accident that resulted in the death of Akash

5. Israfil vs. State of Madhya Pradesh (23.06.2026 - SC)(MANU/SC/0647/2026)

The Supreme Court of India addressed the issue of the quantum of sentence for Israfil, who was convicted for using a forged document to secure bail, under Sections 420, 467, 468, and 471 of the Indian

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Certification Courses 3-Day Civil Drafting Workshop

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