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Supreme Court Safeguards Temple Funds: Landmark Ruling Bars Bailouts of Cooperative Banks
The Supreme Court has ruled that temple funds cannot be used to bail out cooperative banks, ensuring that sacred assets remain dedicated solely to the temple’s benefit. This decision strengthens fiduciary responsibility, improves transparency, and reinforces public trust in religious endowments. By separating religious funds from external financial risks, the ruling reduces moral hazard and…
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Supreme Courts: Threats across the world
Israeli Judicial reforms, India’s own Judicial Reform Bill and even US Supreme Court appointments have all created waves. Supreme Courts across the world seem to be under threat. Is it so? If the Parliament passes a law for judicial reforms, the Supreme Court must accept that law and move on. The Supreme Court has abrogated…