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Top Stories: AIDS, MSMs and Fali; Defamation redefined; ITAT deducts from negative net worth; SEBI confused? & more…

Latest in Naz resurrected: SC is told 4 lakh men who have sex with men are AIDS infected; Fali Nariman holds 377 too stringent for husband-wife relations [TOI]

Activist booked for defamation for publishing pre-published info against Sharad Pawar’s brother [Mid-Day]

ITAT Special Bench lets Revenue have the last laugh on issue of negative net worth in slump sale by taxpayer [Money Control] [See analysis and summary of ruling]

SEBI in 2012 takes diagonally opposite view of Informal Guidance Scheme introduced in 2003 [ET]

Patiala House’s summons order against FB & others was based on intermediaries’ inclination to make money through titillation [Read Order on Medianama]

SC’s Central Empowered Committee recommends 10 year illegal mining ban in Karnataka [Deccan Herald]

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