PACL Ponzi Scheme: Delhi Court Orders ₹9,400 Cr Asset Restitution via Justice Lodha Committee, Total Recovery Hits ₹25,000 Cr

Tata Trusts’ 66% Stake & Affirmative Voting Rights under Articles 104B, 121: SC Verdict Explained

Tata Trusts, holding about 66% of Tata Sons, are challenging the reappointment of N Chandrasekaran as executive chairman, citing the affirmative voting rights of their nominee directors under the Articles of Association. The Supreme Court’s 2021 Tata-Mistry judgment upheld these special rights, making it the key legal backdrop to the current boardroom dispute. For exams, this news tests corporate governance, fiduciary duties, and the binding force of a company’s Articles.

CBI Registers ₹1,816.22 Cr EPFO Investment Fraud Case Against Reliance Capital, Anil Ambani

The CBI has registered a major fraud case involving EPFO funds invested in Reliance Capital NCDs. This highlights issues of corporate governance, public sector investment safety, and regulatory oversight. For exams, focus on EPFO's investment norms, CBI's jurisdiction, and criminal provisions invoked.

Supreme Court Orders CBI Probe into Custodial Death, ₹25 Lakh Interim Compensation for 2-Year FIR Delay

The Supreme Court transferred the probe into a 2024 custodial death in Chhattisgarh to the CBI, citing a two-year delay by state police in filing the FIR. It also awarded ₹25 lakh interim compensation to the family, highlighting judicial oversight on police accountability and custodial violence.

VB-GRAM G Act Replaces MGNREGA: 68% Drop in Employment, SC Flags Right to Work

The Union government replaced MGNREGA with the VB-GRAM G Act in December 2025, leading to a 68% fall in rural employment. The Supreme Court has raised the question whether the 'Right to Work' should be treated as a fundamental right under Article 21. This news is critical for understanding the constitutional status of socio-economic rights, the doctrine of non-retrogression, and the fiscal federalism debate around Centrally Sponsored Schemes.

SC Upholds NCLAT Order Setting Aside CCI's ₹301.6 Cr Penalty on Grasim

The Supreme Court upheld the NCLAT order setting aside CCI's ₹301.6 crore penalty on Grasim Industries for alleged abuse of dominance in the viscose staple fibre market. The Court affirmed that CCI violated natural justice by not providing a hearing after differing from the Director General's findings.

NFSA Amendment Replaces 35 kg AAY Rations with 7 kg Per Capita, Cuts 80% for Solo Women

The proposed amendment to the National Food Security Act (NFSA) replaces the 35 kg monthly household ration for Antyodaya (AAY) families with a per-capita system of 7 kg per person (capped at 35 kg). This will drastically cut entitlements for 53% of AAY households (those with fewer than 5 members), hitting the poorest hardest — especially 1 million single women, mostly widows, who will lose 80% of their foodgrain.

CAG Flags ₹3,161 Cr Power Subsidy Lapse & ₹3,217 Cr E-Procurement Irregularities in Delhi

The CAG report for 2022-23 exposes major flaws in Delhi's power subsidy scheme and e-procurement system, including wasteful subsidies to zero-consumption consumers and suspected collusive bidding. This is crucial for understanding CAG's role, subsidy targeting, and public procurement issues.

PM CARES Fund: Donations Fall to ₹479.96 Cr, Balance Hits Record ₹8,452 Cr; No Questions in Lok Sabha

PM CARES Fund, a public charitable trust set up in 2020 for COVID-19 relief, saw donations plunge to ₹479.96 crore in FY2024-25 while its closing balance hit a record ₹8,452.06 crore. Spending fell to a five-year low of ₹87.85 lakh. The PMO has informed Lok Sabha that questions on PM CARES, PMNRF, and NDF are not admissible under parliamentary rules as they are funded by voluntary contributions, not from the Consolidated Fund of India.