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Important matters heard by the Supreme Court on Thursday, July 31: * SC recalled its controversial May 2 verdict that had ordered liquidation of Bhushan Power & Steel Limited (BPSL) while setting aside a resolution plan of JSW Steel Limited for the ailing firm.
* SC said it would first hear arguments on the issue of maintainability of petitions seeking a review of its 2022 verdict that upheld the Enforcement Directorate's (ED) powers to arrest, attach properties involved in money laundering and carry out search and seizure under the PMLA.
* SC said the first major issue to be dealt with in cases concerning Rohingyas is whether they are refugees or illegal entrants.
* SC directed the Telangana assembly speaker to decide within three months the disqualification petitions against 10 BRS MLAs who had switched allegiance to the ruling Congress, saying political defections have the power to disrupt democracy if not curbed. PTI MNR HIG
PMLA powers under challenge as maintainability of review petitions affects arrest, attachment and search powers considered. Supreme Court recalled its May 2 liquidation order against Bhushan Power & Steel and set aside JSW Steel's resolution plan; it will first decide the maintainability of review petitions challenging the 2022 ruling upholding the Enforcement Directorate's powers under the Prevention of Money Laundering framework to arrest, attach property and conduct search and seizure. The Court framed refugee status versus illegal entry as the key issue in Rohingya cases and directed the Telangana assembly speaker to decide disqualification petitions against ten members within three months.Press 'Enter' after typing page number.