Background: The Delhi High Court has overturned the conviction of three accused for dacoity under Section 395 of the Indian Penal Code, 1860 (IPC), stating that the Call Detail Records (CDRs) presented as evidence can only be taken as supporting or corroborative evidence and cannot be the sole basis for conviction. CDRs Only Supportive Evidence: The court ruled that CDR data can only assist in ascertaining the presence of different participants in the commission of an offense but cannot be relied on solely...

The National Company Law Appellate Tribunal (NCLAT) has upheld the penalty of INR 1,337.76 crores imposed by the Competition Commission of India (CCI) on Google for abuse of its dominant position in the Android market.  However, the NCLAT has set aside four key directions issued by the CCI, including the restriction on denying access to Google Play Services Application Programming Interface (APIs) to disadvantage Original Equipment Manufacturers (OEMs), app developers, and potential competitors. The CCI had earlier found that the pre-installation of entire...

World leaders will gather virtually this week for the second U.S.-organized Summit for Democracy, an event critics say illustrates the halting progress the Biden administration has made in advancing human rights and democracy as a focus of its foreign policy. Starting on Wednesday, the event involves 120 countries, civil society groups, and technology companies and will include strategically important nations where rights groups have expressed concerns about the state of democracy, such as India, Poland, and Israel. US-organized Summit for Democracy draws criticism...

IDFC FIRST Bank has partnered with Swedish firm Crunchfish to participate in RBI's pilot program for offline payments. This initiative aims to provide access to digital payments even without network connectivity. IDFC FIRST Bank is to be one of the first few banks to participate in HDFC Bank's pilot initiative. The project will allow for offline retail payments in India's payment ecosystem using a Digital Cash platform. The RBI launched Regulatory Sandbox in 2020 to endorse sustainable innovation in financial services. Benefits for...

Commonwealth Games champions Chirag Shetty and Satwiksairaj Rankireddy defeated China’s Tang Qian and Ren Yu Xiang to win the Swiss Open men’s badminton doubles title in Basel. The world no. sixth pair beat the world no. 21 pair in a little under an hour. It was a dominant display against a pair that had not dropped a game all tournament long. This was Rankireddy and Shetty's first BWF (Badminton World Federation) doubles title of the year, and the fifth World Tour title in...

The National Company Law Tribunal, Ahmedabad Bench, has made a decision in Bank of India vs M/s Mayfair Leisures Ltd that Section 14 of IBC does not bar a proceeding under the Prevention of Money Laundering Act, 2002 (“PMLA, 2002”). Background Facts: M/s Mayfair Leisure (“Corporate Debtor”) was admitted into Corporate Insolvency Resolution Process (“CIRP”) on 02.06.2020 and an Interim Resolution Professional (“IRP”) was appointed. A public announcement inviting claims from creditors was issued on 13.06.2020 and claims from only one Financial Creditor...