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The Court also quashed various criminal cases filed against Premji by the Subramanian after he conceded that the same were frivolous, and tendered an unconditional apology to Premji.

The Court found that there was a prima facie case against Azim Premji and others, who as directors of companies, had allegedly misappropriated funds by transferring assets to the Azim Premji Trust.

A Single Judge Bench of the Karnataka High Court had in February 2021 dismissed another petition filed by the accused against Azim Premji’s holdings with exemplary costs of ₹10 lakh.

The Supreme Court noted that there was an endeavour to obfuscate contempt proceedings initiated against an NGO for filing frivolous cases against Azim Premji.

"There remains no doubt that petitioner is indulging in forum shopping on the very same cause of action," the Court held.

It was the complaint of the petitioner that Premji and others, being directors of various companies, were carrying on non-banking financial business in the said companies without registration under RB ...

SBI Mutual Fund has agreed to invest INR 150 crore whereas the remaining INR 200 crore will be brought in by Azim Premji Trust.

The Arif Azim judgment marks a significant development in the field of arbitration law in India by clarifying the applicability of the Limitation Act to arbitration proceedings.

Ahluwalia has been associated with Premji Invest for nearly 3 years.

Through this joint venture, SB Packagings has acquired 100% shareholding of the Indian subsidiaries of C-Flex.