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SEBI Issues Guidelines for Alternative Investment Funds Benchmarking - 07.02.2020
Securities and Exchange Board of India has issued guidelines for benchmarking the performance of alternative investment funds with a view to streamlining disclosure standards and helping investors in assessing scheme performance.
Tags : SEBI Alternative Investment Funds
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Delhi High Court Permits Termination of Minor Rape Victim's 24-week Pregnancy - 07.02.2020
Delhi High Court has allowed termination of 24-week pregnancy of a minor rape victim, after a medical board set up by the Ram Manohar Lohia Hospital said there was a significant risk to the teenager in continuing with it.
The medical opinion of the hospital was placed before the Court who discussed it in-chamber with the 16-year-old girl and her parents before delivering the order in the open court.
Tags : Delhi High Court Termination Pregnancy
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Supreme Court Lens on Waqf’s ‘Unlisted Assets Worth Lakhs of Crores’ - 07.02.2020
Supreme Court has sought responses from the Minority Affairs Ministry, all States and waqf bodies while entertaining a Public Interest Litigation alleging non-enumeration of waqf properties worth lakhs of crores of rupees resulting in their misuse and illegal transfer to builders.
Tags : Supreme Court Waqf
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Supreme Court Orders for Inventory of Sabarimala Jewels - 07.02.2020
Supreme Court has ordered a complete inventory of all jewellery and ornaments used to adorn the statue of Lord Ayyappa at Kerala's iconic Sabarimala temple. The Apex Court appointed a retired judge - CN Ramachandran Nair - to supervise the exercise and said it was "only concerned with security of jewels... inventory to be made and report given to us, we will keep it in a sealed cover".
Tags : Supreme Court Sabarimala Jewels
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Delhi High Court Stays Increase in Auto-Rickshaw Fares by AAP Govt - 07.02.2020
Delhi High Court has stayed the AAP Government's decision to increase auto-rickshaw fares in the national capital.
The Court said, "We hereby stay the operation of the June 12 notification issued by the Delhi Government till the next date of hearing."
Tags : Delhi High Court Auto-Rickshaw
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Supreme Court: Change in Mindset Could Allow Women in Army Command Posts - 06.02.2020
Supreme Court has said that if there is a will and a change in mindset on the part of the Government, then women officers could be allocated command posts in the Army. The Court also pointed out that there are many other services along with combat operations where women could be accommodated.
Tags : Supreme Court Army Women
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ITAT Kolkata Allows Exemption: ‘Performance Bonus’ Cannot be Treated as Salary - 06.02.2020
Income Tax Appellate Tribunal (ITAT), Kolkata while relying upon the precedent held that ‘performance bonus’ does not constitute a part of ‘salary’ and hence the exemption for House Rent Allowance was granted to the Assessee.
Tags : ITAT Kolkata Exemption
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SC: Compromise Decree Which Does not Take in Property Within Subject Matter Needs No Registration - 06.02.2020
Supreme Court has observed that a compromise decree does not require registration if it does not take in property that is not the subject matter of suit.
Tags : SC Compromise Decree
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Supreme Court Gives Rs 1 Crore to Accident Victim - 06.02.2020
Supreme Court has come to the rescue of a 12 year old girl who met with an accident a decade ago which led to 100 percent physical disability and left her with a mental age of a nine month old for the rest of her life while awarding her a compensation of more than Rs 1 Crore including interest.
Tags : Supreme Court Accident Victim
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DELHI HC ISSUES NOTICE ON APPEAL AGAINST DENIAL TO FILE NOMINATION PAPERS BY RETURNING OFFICER - 03.02.2020
Delhi High Court has issued notices to Union of India, Delhi Government, Chief Electoral Officer and the Returning Officer, Election Commission on an appeal challenging the January 28 order of the Single Judge which rejected the plea disputing the denial to file nomination papers by the Returning Officer.
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