Search Results for Tag : REs

International Cases

Doctrine of illegality bows down to public interest(20.07.2016)

A party to a contract “tainted by illegality” is not barred from recovering money paid under the contract from the other party under the law of unjust.....

Tags : uk, doctrine of illegality, public interest, insider information

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Judgments

Interest would be payable from date on which CENVAT credit is wrongly taken or utilized(03.11.2016)

Appellant is engaged in manufacture of electronic connector harness and other IT products availed CENVAT credit of duty paid on inputs and capital goo.....

Tags : CENVAT credit, Interest, Levy

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Top Story

Service Charge for dining in restaurants discretionary: Government(02.01.2017)

In a move, benefitting the consumers, Government has announced, that ‘service charges’, levied by restaurants along with other taxes, are discretionar.....

Tags : Service charge, Restaurant, Discretionary

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Secretary of State can deprive a person of citizenship, if satisfied that grant was obtained by means of fraud, false representation or concealment of a material fact(21.12.2017)

Appellant obtained British citizenship using a false name, a false date of birth, a false nationality and a false place of birth. When these frauds c.....

Tags : Citizenship, Grant, Misrepresentations

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Supreme Court strikes down RBI Circular imposing stringent conditions on lenders(02.04.2019)

Supreme Court has quashed circular passed by RBI on 12thFebruary, 2018, asking banks to classify a loan account as stressed, if there was even a day o.....

Tags : Circular, Condition, Ultra vires

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Power of arrest is to be used with great circumspection and not casually(01.09.2016)

Present writ Petitions filed by two entities operating on-line platforms/web portals raise important questions involving powers of Directorate General.....

Tags : Arrest, Fundamental rights, Violation

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News

RBI Eases LCR Norm(25.03.2016)

Reserve Bank of India (RBI) has given bankers more flexibility in maintenance of Liquidity Coverage Ratio (LCR) under Basel III by tweaking certain no.....

Tags : Reserve Bank of India, Liquidity Coverage Ratio

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Unless act done by previous Government found to be contrary to provisions or against policy, State should not change its stand merely because other political party has come into power(18.12.2018)

By way of present writ petition, the Petitioner has prayed for quashing of Communication dated 12th March, 2018 (Annexure P-7), vide which, the office.....

Tags : Rest House, Construction, Cancellation

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Blast from the Past

Winding a fine line between ‘public interest’ and interest(02.08.2004)

Tobacco advertising occupies a grey area in the debate on moral policing. On the one hand is consumer will and freedom to consume a legal substance, o.....

Tags : Pan masala, public interest, ban, state

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If the acquittal is justified on a probable view taken by the trial court, it should not be interfered with(04.12.2018)

In instant Appeals, Court is concerned with the correctness of the judgment of the High Court of by which the judgment of the trial Court was set asid.....

Tags : Conviction, Presumption, Innocence

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Appeal may be dismissed when issues are of such a nature that, decision sought will have no practical effect or result(20.05.2019)

In present appeal, counsel were at the outset of the hearing, asked to address the Court on the preliminary question whether the Full Court’s order mu.....

Tags : Rescission order, Grant, Legality

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Notifications & Circulars

Operation Clean Money by IT Dept gets overwhelming response(13.02.2017)

The Income Tax Department (ITD) had initiated 'Operation Clean Money' on 31st January, 2017 for the e-verification of large cash deposits made during .....

Tags : Overwhelming response, Clean Money, Clean money

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Department can re-open proceedings after issuance of discharge certificate only when there is substantial and conscious mis-declaration(21.10.2019)

The brief facts of the case are that, the Respondents filed VCES declaration under Section 107 of the Finance Act, 2013 as amended. They paid service .....

Tags : Demand, Interest, Deletion, Legality

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Decree for restitution of conjugal rights enforces cohabitation but it does not and cannot enforce sexual intercourse(07.10.2016)

Parties to present appeal got married on February 17, 1993 at Kanpur (Uttar Pradesh) according to Hindu Rites and Ceremonies. Respondent/husband has f.....

Tags : Conjugal rights, Restitution, Divorce

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RBI Revised Prompt Corrective Action (PCA) Framework(13.04.2017)

RBI has issued Revised Prompt Corrective Action (PCA) framework for banks which will override existing PCA framework. New set of provisions will be ef.....

Tags : Framework, Issuance, Restrictions

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Workshop On "Forest Rights Act, 2006 - its Implementation, Benefits to Tribal and other Traditional Forest Dwelling Communities(27.10.2016)

A Workshop on "Forest Rights Act, 2006 - its Implementation, benefits to tribal and other traditional forest dwelling communities and its challenges" .....

Tags : Workshop, Forest rights, Implementation

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Competition Commission of India imposes Penalty on Chemists and Druggists Association of Baroda(16.01.2019)

The Competition Commission of India ('Commission') has found the Chemists and Druggists Association of Baroda ('CDAB') to be in contravention of the p.....

Tags : Restrictive trade practices, Penalty, Imposition

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Ministry of Women and Child Development links Portal 'SHe-Box' to central/ state ministries and districts for speedy disposal of cases(22.11.2018)

The Ministry of Women and Child Development (MWCD) has linked SHe-Box, the online portal to report complaints of Sexual Harassment at Workplace, to al.....

Tags : She-box, Linkage, Complaint, Redressal

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Principle of res judicata is applicable between two stages of same litigation but issue involved must have been decided at earlier stage of same litigation(21.06.2017)

In facts of present case, Applicants before KAT were candidates, who appeared for 2011, Karnataka Gazetted Probationers' Examination. They were select.....

Tags : Application, Maintainability, Doctrine, Res judicata

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Karnataka High Court Asks PU Board to be More Careful Next Year(16.09.2015)

Karnataka High Court has asked authorities to be more careful next year so that instances like of errors in re-evaluation of second PUC results and de.....

Tags : Karnataka High Court,PUC results

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Interest on delayed GST payment will now be calculated on net tax liability(15.02.2020)

The Central Board of Indirect Taxes and Customs (CBIC) released a statement clarifying that, interest payable on delayed payment of GST will be calcul.....

Tags : Tax liability, Interest, Delayed payment

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President of India gives assent on amendments introduced to the Indian Stamp Act, 1899(21.02.2019)

The President of India, gave his assent to the proposed amendments in Indian Stamp Act, 1899. The amendment aims to rationalise and harmonise the syst.....

Tags : Amendment, Stamp duty, President, Assent

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Approval of Centre for Brain Research, Bangalore by the Central Government in the category of 'Scientific Research Association'(28.11.2018)

It is hereby notified for general information that the organization M/s Centre for Brain Research, Bangalore (PAN:AABTC7082K) has been approved by the.....

Tags : Approval, Centre, Research Association

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RBI Boosts Affordable Housing(09.10.2015)

Reserve Bank of India (RBI) has said that banks could provide home loans up to 90% for properties that cost up to Rs 30 lakh, giving a boost to low-co.....

Tags : Reserve Bank of India,banks

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No interest is payable, when clauses agreement bars arbitrators from granting interest(07.02.2019)

In present matter, the Appellant herein was awarded the contract under which it was to execute certain Works. Agreement in this behalf was signed on 1.....

Tags : Award, Interest, Legality

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Employee sent on deputation to a foreign service is to be paid higher pay scale then what the employees were getting in parent department(05.02.2019)

The Appellant Corporation has preferred the present Appeals against judgment passed by the High Court by which the Division Bench has allowed the said.....

Tags : Resolution, Payscale, Parity

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NGT Bans Use of Pressure Horns(19.07.2016)

National Green Tribunal (NGT) has issued an order stating that use of pressure horns would not be permitted for any vehicle in Delhi and NCR.

Tags : National Green Tribunal , Pressure Horns

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Integrity of judicial officer must be of a higher order and even a single aberration is not permitted(27.02.2020)

Present writ petitions have been filed by two erstwhile judicial officers who were members of the judicial service in the State of Jharkhand and are d.....

Tags : Compulsory retirement, Public interest, Legality

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‘Joint enterprise’ Chan Wing-Siu principle takes a turn(18.02.2016)

The British Supreme Court heard appeals against the application of the Chan Wing-Siu principle in establishing the guilt and conviction of the Appel.....

Tags : Criminal, joint enterprise, foresight, intent

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A registered trade union can maintain a petition as an operational creditor on behalf of its members(30.04.2019)

The present appeal raises an important question as to whether a trade union could be said to be an operational creditor for the purpose of the Insolve.....

Tags : Operational creditor, Trade union, Representation

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CCI lets Wiley India off the hook(28.06.2016)

The Competition Commission of India dismissed a complaint against pre-eminent publisher of scientific, technical and medical journals, Wiley India, fo.....

Tags : wiley india, journal, distribution, authorised agent, resale price maintenance

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Indian Railways rationalizes passenger fares(01.01.2020)

Indian Railways has continuously endeavored to augment passenger experience through modernization and provision of improved facilities over trains and.....

Tags : Passenger Fares, Rationalization

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Reporting of Large Exposures to Central Repository of Information on Large Credits (CRILC) - UCBs(16.01.2020)

1. Attention is drawn to RBI Circular DOR (PCB). BPD.Cir.No.7/13.05.000/2019-20 dated December 27, 2019 on "Reporting of Large Exposures to Central Re.....

Tags : Reporting of, Exposures, CRILC

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For erroneous credit availed, even if, not utilized, interest could be applicable for the normal period of limitation(19.01.2018)

In the facts of present case, the Appellant had wrongly taken excess credit of Rs. 9,97,32,292 during the period September 2008 to January 2009 on imp.....

Tags : Excess credit, Interest, Payment

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Restrictions on Promoters and Whole-Time Directors of Compulsorily Delisted Companies Pending Fulfillment of Exit Offers to the Shareholders(07.09.2016)

In terms of section 21A of the Securities Contracts (Regulation) Act, 1956 (SCR Act) read with rule 21 of the Securities Contracts (Regulation) Rules,.....

Tags : Restrictions, Promoters, Delisted Companies, Investors interest, Protection

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Government of India makes systematic progress towards cash transfers of food subsidy, Shri Ram Vilas Paswan launches handbook to guide States in implementation of cash transfers of food subsidy(31.05.2018)

Shri Ram Vilas Paswan, the Union Minister of Consumer Affairs, Food and Public Distribution launched the 'Handbook for Implementation of Cash Transfer.....

Tags : Cash transfers, Food subsidy, Progress

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Scheme for Sustainable Structuring of Stressed Assets – Revisions(10.11.2016)

We invite a reference to the paragraph 6 of the Statement on Developmental and Regulatory Policies issued by RBI on October 4, 2016. It was proposed t.....

Tags : Scheme, Stressed assets, Structuring

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Government Takes Measures to Bring More Transparency In Employment Related Data Releases(11.06.2018)

Government has taken measures in recent past to bring in more transparency in data releases. It would like to present a proper perspective on these is.....

Tags : Measures, Transparency, Employment, Data Releases

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MOU Signed For Providing Centralized Platform for Processing Interest Subsidy to Eligible Beneficiaries under Sep Component of Day-Nulm(09.01.2018)

A Memorandum of Understanding(MOU) has been signed in the presence of Shri Hardeep Singh Puri, Minister of State(I/C) Ministry of Housing and Urban Af.....

Tags : MOU, signing of, Interest Subsidy

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Financial Action Task Force (FATF) Public Statement dated June 24, 2016(20.09.2016)

The Financial Action Task Force (FATF) has called on its members and other jurisdictions to apply counter-measures to protect the international financ.....

Tags : Money laundering, Terrorist financing, Measures

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Authorities are entitled to claim exemption when disclosure of information risks possibility of its misuse(15.05.2019)

In facts of the present case, the Appellant filed an application under the Right to Information Act, 2005 (RTI Act) before the Central Public Informat.....

Tags : Information, Disclosure, Public interest

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Interest and penalty not imposable where credit wrongly availed, reversed prior to utilization(08.08.2016)

Issue involved was relating to liability to pay interest on cenvat credit availed by Appellant but not utilized and reversed subsequently. In present .....

Tags : Cenvat credit, Interest, Liability

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Additional Risk management measures for derivatives segment(02.05.2018)

Based on the feedback received from the Clearing Corporations and the recommendations of the Risk Management Review Committee (RMRC) of SEBI, the foll.....

Tags : Risk management, Measures, Derivatives segment

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RBI Relaxes Reporting Requirement of NEFT Transactions(18.03.2016)

Reserve Bank of India (RBI) has said it is discontinuing provision where banks had to submit data pertaining to NEFT (National Electronic Fund Transfe.....

Tags : Reserve Bank of India, NEFT Transactions

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If amount is not voluntarily paid by assessee and later on case is decided in his favour, then he is entitled to interest from date of deposits made by assessee(18.11.2019)

The present appeal is directed against the impugned order passed by the Commissioner (Appeals) whereby the Commissioner (Appeals) has allowed the inte.....

Tags : Interest, Entitlement, Date

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India’s love affair with speed mountains(01.01.1988)

Creaking springs, broken track rods, bent camber and toe fittings and your ruined back. Indian ‘speed mountains’ - officially called speed breakers - .....

Tags : indian roads congress, speed breakers

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Booking to Tatkal Tickets and Measures to Avoid Misuse of Tatkal Scheme(27.03.2018)

On Indian Railways, reserved accommodation including Tatkal accommodation can be booked through computerised Passenger Reservation System (PRS) on fir.....

Tags : Tatkal Tickets, Booking, Measures

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Interest Free Loans to IIT Students(04.08.2016)

Interest subvention on the education loans to be provided, for all students admitted for undergraduate and the 5-year integrated degree programmes in .....

Tags : Loans, Interest Free, IIT students

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Person holding premises gratuitously or as caretaker or servant would not acquire any interest in property even by long possession(06.01.2017)

Instant appeal challenges judgment passed by High Court of Bombay setting aside Order passed by Bombay City Civil Court. Said Notice of Motion was dis.....

Tags : Property, Possession, Caretaker, Interest

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Although confiscation may follow sentence, it is to be dealt with promptly(14.12.2016)

Respondent, pleaded guilty on 11 June 2012 to offences involving supply of heroin and money laundering. He had been caught in possession at his home o.....

Tags : Confiscation, Quashing, Restoration

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Court shall regard welfare of child as most important consideration in relation to adoption(23.01.2019)

In present case, the South Eastern Health and Social Care Trust (Appellant) sought an order pursuant to the Adoption (Northern Ireland) Order, 1987 th.....

Tags : Adoption, Interest, Child

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NCDRC Imposes Fine of Rs 64 Lakh on Delhi Hospital, Doctors for Negligence(16.05.2016)

National Consumer Disputes Redressal Commission (NCDRC) has imposed fine of Rs 64 lakh on a Delhi-based private hospital and three of its doctors for.....

Tags : National Consumer Disputes Redressal Commission, Hospital, Doctors

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Amendments approved in interest subvention scheme for MSMEs(16.12.2019)

Changes set to give Fillip to the MSME Sector

The Minister for Micro, Small and Medium Enterprises and Road Transport & Highways, Shri.....

Tags : Amendments, Interest subvention

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Security cheques to be proved as given in discharge of legally enforceable debt(15.09.2015)

In a case involving arrest of the accused for dishonoured cheques, the Court allowed the accused’s petition. It noted the peculiar facts of the case a.....

Tags : Security, cheque, presumption, enforceable debt

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Union Finance Minister Presents First Budget of New Government(05.07.2019)

The Union Finance Minister, Nirmala Sitharaman has presented first budget after the formation of new Government. Nirmala Sitharaman is the second woma.....

Tags : Budget, Presentation, Highlights

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High Court cannot modify/relax Instructions issued by Commission which are mandatory in nature(28.08.2019)

In facts of present case, the Tamil Nadu Public Service Commission ('the Commission') issued a Notification dated 9th April, 2018 inviting application.....

Tags : Result, Announcement, Direction, Legality

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Telecom Regulatroy Authrority of India "Trai Conducts Consumer Outreach Programme"(12.02.2018)

One of the important objectives of TRAI is to create awareness and safeguard consumer interests. Towards this objective, TRAI organizes consumer outre.....

Tags : Programme, Awareness, Consumer interest

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SC: No Open Tenders for Critical Defence Spares(25.01.2016)

SC, while taking note of India’s substantial role as a defence power and need to keep lives of its personnel safe, has upheld Government’s policy agai.....

Tags : SC, Tenders for Critical Defence Spares

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Cancer Research Initiative signed between India-UK(14.11.2018)

The 5-year bilateral research initiative on cancer signed between India-UK. Initiative is launched by the Department of Biotechnology (DBT), Ministry .....

Tags : MOU, Research Initiative, Cancer

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Restriction placed on a second marriage would not apply to a case where parties have settled and decided not to pursue the appeal(24.08.2018)

By present appeal, Appellant is impugning the judgment of High Court set aside the judgment of the Family Court and allowed the appeal of the Responde.....

Tags : Second Marriage, Restriction, Pendency, Appeal

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For claiming right of residence, it is necessary that, two parties had lived in a domestic relationship in household(14.07.2017)

Appellant is 84 years old and Respondent is 62 years old. Respondent seeks to establish her status as wife/companion of Appellant who has been left hi.....

Tags : Domestic relationship. Right, Residence

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Winding a fine line between ‘public interest’ and interest(02.08.2004)

Tobacco advertising occupies a grey area in the debate on moral policing. On the one hand is consumer will and freedom to consume a legal substance, o.....

Tags : Pan masala, public interest, ban, state

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Bank cannot refuse any payment which is made by a loanee of outstanding amount(19.06.2018)

The appeal has been preferred against the order passed by the learned single Judge, who has exonerated the private Respondent from making further paym.....

Tags : Outstanding dues, Interest, Payment

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When findings recorded by Trial Court is based upon appreciation of evidence, High Court should not reverse Trial Court’s judgment(17.07.2018)

Present appeals arise out of the judgment passed by the High Court by which the High Court reversed the verdict of conviction passed by the trial Cour.....

Tags : Acquittal, Validity, Presumption

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Separate limit of Interest Rate Futures (IRFs) for Foreign Portfolio Investors (FPIs)(08.03.2018)

1. Reserve Bank of India, in its Statement on Developmental and Regulatory Policies, released on August 02, 2017, proposed to allocate a separate limi.....

Tags : Interest Rate, FPIs, Separate limit

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Finance Minister holds Second Pre-Budget Consultation with the Representatives of Industry, Services and Trade Groups(11.06.2019)

The Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman, started her Pre-Budget Consultations with different stakeholder Groups in .....

Tags : Pre-Budget, Consultation, Representatives, Industry

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University established by law in State granting recognized dental qualification, is entitled to representation in Dental Council of India(08.12.2016)

Petitioner, by present petition, seeks a direction to Respondent – Union of India to accept nomination of an elected representative of Petitioner as a.....

Tags : Members list, Inclusion, Elected representative

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Government constitutes a High Level Committee for proper management of water resources in North Eastern Region(04.10.2017)

The Government has constituted a high-level committee for proper management of the water resources in the North Eastern Region (NER) under the Chairma.....

Tags : Committee, Constitution, Water resources, Management

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Cabinet approves MoU between India and Zimbabwe for cooperation in the field of geology, mining and mineral resources(06.12.2018)

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given ex-post facto approval to the Memorandum of Understanding (MoU) between India.....

Tags : MOU, Approval, Mineral resources

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Supreme Court allows Live streaming of Court proceedings(26.09.2018)

In a landmark verdict, Supreme Court declared case proceedings of “constitutional importance having an impact on the public at large would be live str.....

Tags : Proceedings, Live-streaming, Public interest

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Institutional Preference is permissible in Post Graduate Medical Courses even after introduction of NEET Scheme(04.10.2019)

The original writ Petitioners have preferred the special leave petition/appeal against impugned judgment passed by the Division Bench of the High Cour.....

Tags : Admissions, Reservation, Validity

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Centre notifies Regulations for Insolvency Resolution and Bankruptcy Proceedings of Personal Guarantors to Corporate Debtors(20.11.2019)

The Insolvency and Bankruptcy Board of India (IBBI) notifies Regulations for Insolvency Resolution and Bankruptcy Proceedings of Personal Guarantors t.....

Tags : New Rules, Insolvency Resolution, Corporate debtors

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Court upholds Deere trade dress(05.03.2015)

In a case where the Plaintiff, a well-known manufacturer of agricultural equipment in India and abroad, alleged unauthorised use of its logo and trade.....

Tags : Ipr, trade, dress, logo

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Interest Subvention (IS) and Prompt Repayment Incentive (PRI) for Short Term Crop Loans during the years 2018-19 and 2019-20: Extended Period on account of Covid-19(21.04.2020)

1. Please refer to circular FIDD.CO.FSD.BC.No.15/05.02.001/2018-19 dated March 7, 2019 regarding Interest Subvention Scheme for Short Term Crop Loans .....

Tags : Interest Subvention, Extension, Covid-19

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How long does a “caretaker” committee function(07.11.1960)

The Supreme Court of India in 1960 was required to answer whether a municipal committee could continue exercise of its authority after the Act by whic.....

Tags : hyderabad, municipal committee, tenure, repeal, ultra vires

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National Green Tribunal Directs Government to Remove Encroachments from South Delhi Forests(27.01.2020)

National Green Tribunal has directed the Delhi government to remove illegal constructions in South Delhi's Jaunapur and Dera Mandi forest areas, sayin.....

Tags : National Green tribunal, Encroachment on South Delhi Forests

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Cabinet approves proposal to introduce the Financial Resolution and Deposit Insurance Bill 2017(14.06.2017)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal to introduce a Financial Resolution and Deposit Insurance.....

Tags : Approval, Bill, Financial Resolution, Deposit Insurance

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CCI Dismisses Complaint against Hindustan Sanitaryware(17.09.2015)

Competition Commission of India (CCI) has dismissed allegations of unfair business practices made in complaint filed by Shubham Sanitarywares against .....

Tags : Competition Commission of India ,Shubham Sanitarywares,Hindustan Sanitaryware and Industries Ltd

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Measures for comprehensive development of auto sector(10.02.2020)

There are multiple regulations arising due to requirement of meeting internal Standard of Safety, fuel economy and environment across various sectors .....

Tags : Measures, Development, Auto Sector

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Distinct logo cannot rescue copycat emulating overall trade dress(25.05.2016)

Delhi High Court rejected submissions by Pure Play Sports that the similarity in designs between its shoes and those of the Plaintiff Skechers was suf.....

Tags : skechers, pure play, sports shoes, trade dress, distinct, logo

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CSIR signs MoU with BHEL to push 'Make in India' initiative(05.12.2019)

CSIR and BHEL have signed an MoU to cooperate, collaborate and pursue industrial application oriented research programmes and its commercialization in.....

Tags : MoU, Signing of, Research programmes

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States briefed on lockdown measures and guidelines including exemptions to contain the COVID-19 Epidemic in the country(24.03.2020)

The National Disaster Management Authority (NDMA), chaired by the Prime Minister Shri Narendra Modi, in exercise of the powers under the National Disa.....

Tags : Lockdown, Measures, Exemptions

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Notice given by the Returning Officer regarding the election to fill the office of the President of India(14.06.2017)

O.N.42(E).--Whereas a notification under sub-section (1) of section 4 of the Presidential and Vice-Presidential Elections Act, 1952, for the holding o.....

Tags : Notice, Election, President

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A registered trade union can maintain a petition as an operational creditor on behalf of its members(30.04.2019)

The present appeal raises an important question as to whether a trade union could be said to be an operational creditor for the purpose of the Insolve.....

Tags : Operational creditor, Trade union, Representation

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Government takes several policy measures like fixing MSP, imposition of stock holding limits and creation of a buffer stock to check continuous price fall and stabilize sugar prices(25.07.2018)

Department of Food & Public Distribution deputes officials for making periodic visits to sugar factories for monitoring implementation of policy inter.....

Tags : Policy measures, Price fall, Check, Sugar

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SC Denies Relief to 9 Disqualified Rebels(21.07.2016)

SC has refused to stay disqualification of nine rebel Congress MLAs from Uttarakhand but clarified that the notice, given by them and the BJP members,.....

Tags : SC , rebel Congress MLAs , Uttarakhand

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Where a penalty is imposed on employee for a conduct which led to conviction on criminal charges, the employer can independently take disciplinary action against employee(25.02.2020)

The present appeal arises from a judgment of a Division Bench of the High Court of Gujarat. The Division Bench, in a Letters Patent Appeal arising fro.....

Tags : Final orders, Passing of, Restrain

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Denying student loan to person not deportable from UK violates right to education(29.07.2015)

The United Kingdom Supreme Court, while determining the availability of student loans for higher education to persons who were not lawfully resident i.....

Tags : United kingdom, education, student loan, resident

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Interest alone cannot be construed as operational debt(11.02.2020)

Present appeal emanates from the order passed by the Adjudicating Authority on the application filed under Section 9 of the Insolvency and Bankruptcy .....

Tags : Delayed payment, Interest, Operational Debt

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Promoter is liable to pay interest to the complainant on failure to fulfil his obligation(28.02.2019)

A complaint was filed under section 31 of the Real Estate (Regulation and Development) Act, 2016 read with rule 28 of the Haryana Real Estate (Regulat.....

Tags : Delayed possession, Interest, Legality

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India - Russia annual bilateral summit held in October, 2018(05.10.2018)

Prime Minister of India Mr. Narendra Modi and President of the Russian Federation Mr. Vladimir V. Putin met for the 19th edition of the Annual Bilater.....

Tags : Bilateral summit, Russian President, Visit

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MCA mandates issue & transfer of shares in dematerialised form only(11.09.2018)

The Ministry of Corporate Affairs (MCA) has notified that with effect from 2nd October, 2018, issue of further shares and transfer of all shares by un.....

Tags : Shares, Demat form, Mandatory

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Indirect Tax Dispute Resolution Scheme Rules, 2016(31.05.2016)

The Ministry of Finance introduced Rules to give effect to Section 18 of the Finance Act 2016.

The Rules provide declarations and manner of.....

Tags : indirect tax, dispute resolution, finance act, 2016

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Right and interest in University of North Pension Fund included not only right and interest in pension fund, but also provident fund(03.12.2019)

The origin of the present dispute lies in the terms of an order of divorce granted as long ago as 6 December 2004, by the North Eastern Divorce Court,.....

Tags : Right, Interest, Pension fund

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Law/Rules regarding Appointment and Reservation(12.12.2018)

Instructions provide for appointment of Liaison Officers in each Ministry/Department to ensure effective implementation of the reservation policy for .....

Tags : Appointment, Reservation, Rules

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RBI: No Relaxation in CRR, SLR Norms(19.10.2015)

Reserve Bank of India (RBI) has junked the plea of entities that have secured licences to set up small finance banks that they be given some leeway in.....

Tags : Reserve Bank of India, small finance banks

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Further extension of time for submission of financial results for the quarter/half year/financial year ending 31st March 2020 due to the continuing impact of the CoVID-19 pandemic(24.06.2020)

1. SEBI, vide circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/38 dated March 19, 2020 and circular No. SEBI/HO/DDHS/ON/P/2020/41 dated March 23, 2020, had ex.....

Tags : Extension, Time, Submission, Financial results

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High Court acquits ‘depressed’ engineer who killed son(16.03.2016)

Madras High Court acquitted a man accused of poisoning his son, taking into consideration harrowing familial loss that had rendered him mentally unsta.....

Tags : unsound mind, depression, murder, suicide

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Court cannot grant interlocutory injunction, unmindful of the existence of a prima facie case merely on basis of public interest(18.09.2020)

Present application, preferred by the Appellant praying for permitting the applicant to manufacture and sell its product "APIXABID", a generic product.....

Tags : Public interest, Permission, Sale

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Whenever House resumes after it is adjourned sine die, its resumption does not amount to commencement of session(09.04.2019)

The Petitioner has filed the present petition praying that, present Court may issue writ of Mandamus or any other appropriate writ, order or direction.....

Tags : Legislative Assembly, Session, Resumption

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Delhi HC Pulls Up Sainik Farms RWAs over Collection of Toll(19.05.2016)

Delhi High Court has pulled up Sainik Farms Resident Welfare Associations (RWAs) and questioned how they were collecting toll from commercial vehicles.....

Tags : Delhi High Court , Sainik Farms Resident Welfare Associations

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Rule which creates a disability, even though procedural in nature, can only have a prospective effect(18.12.2020)

Present petition has been filed by the Petitioner praying for a direction, order or writ in the nature of mandamus or any other appropriate writ direc.....

Tags : Shares, Release, Direction

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Government takes various measures to raise India's ranking in 'Ease of Doing Business' to top 50 in the world(20.12.2016)

Government of India in its efforts to improve the business climate of the country and also improve country's ranking in the World Bank's report on Eas.....

Tags : Business climate, Improvement, Measures

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RBI Working Paper No. 05/2020: Core Inflation Measures in India - An Empirical Evaluation using CPI Data(12.05.2020)

Today the Reserve Bank of India placed on its website a Working Paper titled "Core Inflation Measures in India - An Empirical Evaluation using CPI Dat.....

Tags : Inflation, Measures, Evaluation

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MoU between Environment Ministry and University of British Columbia on forestry science(20.02.2019)

A Memorandum of Understanding (MoU) was signed today between Ministry of Environment, Forest and Climate Change (MoEF&CC) and University of British Co.....

Tags : MoU, Forestry science, Research projects, Developments

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Apple Loses Patent Suit to WARF(14.10.2015)

Wisconsin Alumni Research Foundation (WARF) sued Apple in January 2014 alleging infringement of its 1998 patent for improving chip efficiency and US j.....

Tags : Wisconsin Alumni Research Foundation, Apple, patent

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Government measures increase FDI inflows in the country(05.04.2021)

Japan leads the list of Investor countries with 29.09% of the total FDI Equity inflows during January, 2021.

The Measures taken by the Govern.....

Tags : Measures, Increase, FDI inflows

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SC Put Stay on Class Suit Proceedings Against Nestle(17.12.2015)

SC has stayed class suit proceedings initiated against Nestle India by Centre before National Consumer Disputes Redressal Commission (NCDRC) over Magg.....

Tags : SC , National Consumer Disputes Redressal Commission, Maggi

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Notice under Section 148 of IT Act cannot be issued to dead person(16.07.2020)

Present writ petition had been filed seeking a direction to the Respondent to quash the notice dated 31st March, 2019 issued to the deceased-assessee .....

Tags : Legal representative, Notice, Validity

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Government suspends IBC qua fresh bankruptcy proceedings amid covid pandemic(05.06.2020)

In an unprecedented move, the Government of India has suspended fresh proceedings under Sections 7, 9 and 10 of the Insolvency and Bankruptcy Code, 20.....

Tags : Fresh proceedings, Suspension, IBC

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Government committed to uphold and protect interest of homebuyers while ensuring ease of doing business in real estate sector(13.05.2020)

The Government is committed to uphold and protect the interest of homebuyers while ensuring ease of doing business in the real estate sector. Subseque.....

Tags : Protection, Interest, Homebuyers

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Government provides GST relief to mitigate impact of Covid-19 on MSMEs(12.06.2020)

The Novel Coronavirus (COVID- 19) and its spread are causing severe disruption to society and to most of the businesses across the globe. Ongoing covi.....

Tags : GST relief, Measures, Waiver, Fees

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Arrest without a warrant would be justified provided arrestor must be a peace-officer and suspicion must rest on reasonable grounds(23.11.2021)

The issue before the SCA was whether the second Respondent, Col Espach, had acted wrongfully and unlawfully when he arrested the Appellant, Mr. Christ.....

Tags : Warrant, Arrest, Legality

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Disclosure of bank’s business dissuades “window-dressing”, in public interest(28.06.2016)

“Any action that results in dissuading commercial entities from indulging in practices such as window-dressing would be in larger public interest”, th.....

Tags : rti, exemption, bank, business mix, public interest

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SC: Resolution Process Has to be Completed Within Period Stipulated u/s 12 IBC(02.12.2021)

Supreme Court observed that the entire resolution process has to be completed within the period stipulated under Section 12 of the Insolvency and Bank.....

Tags : Supreme Court, Resolution Process

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Delhi HC Asks RBI to Submit its Latest Circular on FDI Policy(27.01.2016)

While hearing a public interest litigation seeking a thorough investigation against all firms that have received FDI, Delhi High Court has sought a re.....

Tags : Delhi High Court, Reserve Bank of India, FDI policy

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Extension of time for submission of financial results for the quarter/half year/financial year ended 30th June 2020(29.07.2020)

1. SEBI, vide circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/106 dated June 24, 2020, had extended the timeline for submission of financial results by liste.....

Tags : Extension, Time, Financial results

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Difference between sales tax charged and NPV paid not includible as transaction value(06.10.2015)

Distinguishing three judgments of the Supreme Court that the difference between amounts collected by Assessee from its customers as sales tax and the .....

Tags : excise, sales tax, net present value, transaction value

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SC: Evidence of Interested Person Can be Considered If It is Corroborated(05.03.2021)

Supreme Court has observed that the evidence of interested person can be considered provided such evidence is corroborated by other evidence on record.....

Tags : Supreme Court, Evidence of Interested Person

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Karnataka HC Dismisses Appeal Challenging Order to Reduce Interest on Home Loan(27.01.2022)

Karnataka High Court has dismissed an appeal filed by Canara Bank (E-Syndicate Bank) challenging an order of the Single judge by which it was directed.....

Tags : Karnataka High Court, Order to Reduce Interest on Home Loan

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Injunction granted against title phonetically similar to ‘Indian Express’(23.10.2015)

The Bombay High Court accepted arguments that the Defendant’s use of the title ‘Indian Express’ in Devnagari script for its newspaper infringed the tr.....

Tags : Indian express, title, trade mark

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Lockdown 4.0 - States/UTs cannot dilute restrictions imposed in MHA guidelines; can only make them stricter based on local level assessment and Health Ministry Guidelines: MHA(18.05.2020)

Union Ministry of Home Affairs (MHA), on 17.05.2020, issued the revised guidelines regarding lockdown restrictions, to contain COVID-19. As the lockdo.....

Tags : Assessment, Restrictions, MHA guidelines

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CIVIL - We Should Respect, Serve and Worship Our Parents: Chhattisgarh HC(20.03.2019)

Chhattisgarh High Court has said we should respect, serve and worship our parents, while dismissing a man's plea against providing maintenance to his .....

Tags : Chhattisgarh High Court, We Should Respect, Serve and Worship Our Parents

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Any inordinate and unexplained delay on the part of the Government in considering the representation renders the very detention illegal(06.12.2021)

The Petitioner is the wife of the detenu. The detenu has been detained by the 2nd Respondent by his order, holding him to be a "BOOTLEGGER", as contem.....

Tags : Delay, Representation, Detention

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SC Junks Congress' Plea Seeking Permission for Floor Test in Arunachal Assembly(22.02.2016)

SC has rejected plea of Congress leaders seeking an interim direction that it be allowed to go in for a floor test in the Arunachal Pradesh Assembly t.....

Tags : SC, Congress, Arunachal Assembly

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Measures taken to facilitate digital banking(27.07.2021)

The Government has taken a number of steps to facilitate digital banking, doorstep banking services and digital lending platforms. This was stated by .....

Tags : Measures, Digital banking, Digital infrastructure

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Report on measures for improved monitoring of CSR released(01.01.1900)

A High Level Panel constituted by the Ministry of Corporate Affairs has released a report suggesting measures for monitoring the progress of implement.....

Tags : Company, corporate social responsibility, report, high level

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Before entertaining a writ petition and passing any interim orders, Court must carefully weigh conflicting public interests(24.06.2020)

The present appeals are directed against the interim order passed by the High Court whereby in an intra-court appeal, the High Court passed an order o.....

Tags : Public interest, Interim order, Legality

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International experts including securities market regulators to participate in the SEBI-NISM Research Conference 2021(15.02.2021)

International experts including securities market regulators from other countries would be addressing participants in this year's edition of SEBI-NISM.....

Tags : International experts, Participation, Research Conference

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Restrictions on Public Procurement from certain countries(23.07.2020)

The Government of India today amended the General Financial Rules 2017 to enable imposition of restrictions on bidders from countries which share a la.....

Tags : Restrictions, Public Procurement, Countries

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Petition against appointment of additional nature guides at Ranthambore rejected(09.09.2015)

Rajasthan High Court dismissed a petition by nature guides at Ranthambore National park against the appointment of additional guides. Noting that the .....

Tags : Ranthambore, nature guide, vested interest

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Third parties must be afforded the chance to make representations at the stage of making the confiscation order(01.07.2020)

On 22 September, 2015 Bernadette Hilton was convicted of three offences contrary to Section 105A of the Social Security Administration (Northern Irela.....

Tags : Confiscation stage, Third party, Representations

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Foreign Direct Investment Inflow(20.10.2020)

Foreign Direct Investment (FDI) is a major driver of economic growth and an important source of non-debt finance for the economic development of India.....

Tags : FDI, Inflow, Measures

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CRIMINAL - Magistrate Can't Release Seized Vehicle, Once Confiscation Proceedings Under Forest Act Initiated:SC(27.03.2019)

Supreme Court has held that a Magistrate has no jurisdiction under Section 451 of the Criminal Procedure to release a seized vehicle, once the Authori.....

Tags : Supreme Court, Section 451 of the Criminal Procedure, Forest Act

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TRAI releases Consultation Paper on 'Regulatory Framework for Promoting Data Economy Through Establishment of Data Centres, Content Delivery Networks, and Interconnect Exchanges in India'(16.12.2021)

1. The Telecom Regulatory Authority of India (TRAI) has today issued the Consultation Paper on 'Regulatory Framework for Promoting Data Economy Throug.....

Tags : Regulatory Framework, Data Centres, Interconnect Exchanges

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NGT Issues Notice to Centre over Use of Ponies in Vaishno Devi Shrine(19.10.2015)

National Green Tribunal (NGT) issued notice to Ministry of Environment and Forests, Jammu and Kashmir Government, Shri Mata Vaishno Devi Shrine Board .....

Tags : National Green Tribunal , Ministry of Environment and Forests, Jammu and Kashmir Government, Shri Mata Vaishno Devi Shrine Board

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President Promulgates Banking Regulation (Amendment) Ordinance, 2020(27.06.2020)

In order to ensure safety of depositors across banks, the President has promulgated the Banking Regulation (Amendment) Ordinance, 2020. The Ordinance.....

Tags : Ordinance, Interest, Depositors

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CBDT Relaxes Taxation Norms for Bonds, Debentures Held by Companies(23.03.2016)

Central Board of Direct Taxes (CBDT), while easing the norms, has said capital gains tax will be computed from the date of acquisition of financial in.....

Tags : Central Board of Direct Taxes , Bonds, Debentures

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Exception from Online Filing of Application under Section 197 and 206C (9) in the cases of NRIs and Resident Applicants(24.12.2018)

The Central Board of Direct Taxes (CBDT) has decided to allow exception from online filing of application under Section 197 and 206C (9) in the cases .....

Tags : Online Filing, Exception, Application, NRIs and Resident Applicants

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Extension of time lime for implementation of Phase I of Unified Payments Interface with Application Supported by Block Amount(03.04.2019)

1. This refers to SEBI circular SEBI/HO/CFD/DIL2/CIR/P/2018/138 dated November 1, 2018, vide which SEBI had introduced the use of Unified Payments Int.....

Tags : Public Issue, Equity Shares, Convertibles, Process

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Clarification regarding taxability of income earned by NRI investor from off-shore investments in investment fund routed through an Alternative Investment Fund(12.07.2023)

1. CBDT Circular No.14/2019 dated 03.07.2019 was issued to clarify the taxability of income earned by a non-resident investor from outside India (off-.....

Tags : Clarification, Taxability, Non-resident investor

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RBI Imposes Rs 27-Crore Penalty on 13 Banks for FEMA Violations(28.07.2016)

Reserve Bank of India (RBI) has penalized 13 banks and slapped a fine of Rs 27 crore for violation of Foreign Exchange Management Act (FEMA) provision.....

Tags : Reserve Bank of India , FEMA, banks

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Several measures taken by DoCA to provide simple and speedy redressal for consumer disputes(10.12.2020)

Central Consumer Protection Authority refers Honey Adulteration matter to Food Regulator FSSAI & extends cooperation in investigation for taking class.....

Tags : Measures, Redressal, Consumer disputes

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NCDRC: No VAT on Discounted Items(03.02.2017)

National Consumer Disputes Redressal Commission (NCDRC) has held that shops selling goods at 40% discount cannot charge VAT or any other duty on disco.....

Tags : National Consumer Disputes Redressal Commission, VAT, discount

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Submission of intimation of Arrest report and Incident report(05.10.2021)

This is with reference to the Board's Circular No. 38/2013 dated 17.09.2013 read with CBIC Circular No. 28/2015 dated 23.10.2015 regarding the guideli.....

Tags : Submission, Intimation, Arrest report

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Draft Frameworks for Sale of Loan Exposures and Securitisation of Standard Assets(08.06.2020)

The Reserve Bank has today placed on its website two draft documents for public comments - the 'Draft Framework for Securitisation of Standard Assets'.....

Tags : Frameworks, Sale, Loan Exposures

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"TRAI conducts "Consumer Outreach Programme (COP)" on 27.04.2018 at Gurgaon, Haryana(02.05.2018)

One of important objectives of TRAI is to safeguard consumer interests and create consumer awareness. Towards this objective, TRAI organizes consumer .....

Tags : Consumer outreach, Programmes, Workshops, Consumer interests

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SC Stays Arrest of Shashi Tharoor and Others Over Tweets About Farmer’s Death During Tractor Rally(09.02.2021)

Supreme Court has stayed the arrest of Shashi Tharoor MP, journalists Rajdeep Sardesai, Vinod K Jose, Mrinal Pande, Zafar Agha, Anant Nath and Paresh .....

Tags : Supreme Court, Shashi Tharoor, Rajdeep Sardesai, Vinod K Jose, Mrinal Pande, Zafar Agha, Anant Nath, Paresh Nath

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J&K High Court: Resignation Under Threat Legally Invalid(03.03.2016)

Jammu and Kashmir High Court has ruled that a document pertaining to resignation is legally valid only if an official tenders it out of his or her own.....

Tags : Jammu and Kashmir High Court , resignation

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Madras HC: Every Admission Based on Reservation Would be Subject to Final Verdict(26.08.2021)

Madras High Court has ordered that every admission made in educational institutions or appointment in public posts by implementing the 10.5% internal .....

Tags : Madras High Court, Admission Based on Reservation

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Prescription begins to run, when the creditor has the minimum facts necessary to institute action(04.10.2023)

The matter concerned the prescription of a claim which Mr. and Mrs. Mokhethi (the Respondents) had instituted against Mr. and Mrs. Stemmet (the appell.....

Tags : Prescription, Claim, Defects

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Central Registration Centre established under Companies Act, 2013(22.01.2016)

The Ministry of Corporate Affairs has established a Central Registration Centre to process and decide applications for reservation of names under the .....

Tags : Central registration, company, name, reservation

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Automation of Continual Disclosures under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015(16.06.2021)

1. SEBI, vide circular no. SEBI/HO/ISD/ISD/CIR/P/2020/168 dated September 09, 20201, implemented the System Driven Disclosures in phases, under SEBI (.....

Tags : Automation, Continual Disclosures

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Mixed residential, commercial use envisaged in Delhi rent control(11.07.2016)

Section 2(l)(iii) of the Delhi Rent Control Act 1958 is applicable in a case where tenancy premises are residential-cum-professional, or vice versa, a.....

Tags : rent control, inherited rights, residential, commercial use

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Karnataka HC Summons Office Bearers of Hubli Bar Association for Resolution Against Sedition Accused(27.02.2020)

Karnataka High Court has summoned the office bearers of the Hubli Bar Association in the hearing of a Petition filed against the resolution passed by .....

Tags : Karnataka High Court, Hubli Bar Association Resolution

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SC: Order for Visitation Right/Temporary Child Custody Can’t Be Passed in Proceedings U/S 9 of HMA(13.12.2022)

Supreme Court has held that orders giving visitation rights or temporary child custody cannot be passed in a proceeding under Section 9 of the Hindu M.....

Tags : Supreme Court, Child Custody, Restitution of Conjugal Rights

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SC Rejects Plea Seeking LoP Status for Congress(15.02.2016)

Supreme Court has dismissed a Public Interest Litigation seeking Leader of Opposition status for Congress in Lok Sabha.

Tags : Supreme Court, Congress

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Interest can be capitalized only in respect of capital assets purchased out of borrowed funds(04.09.2020)

The revenue has filed present appeal challenging the decision rendered by Learned CIT(A) in respect of disallowance of interest expenditure made by th.....

Tags : Interest, Disallowance, Legality

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System-driven Disclosures in Securities Market(21.12.2016)

1. SEBI, vide circular dated December 01, 2015, had introduced the system-driven disclosures in securities market detailing the procedure to be adopte.....

Tags : System –driven, Disclosures, Introduction

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Allahabad HC Grants Bail to UP's Revenue Official in Yamuna Expressway Land Scam(22.10.2020)

Allahabad High Court has allowed the second bail application filed by a Revenue Official in Uttar Pradesh's Ghaziabad district in connection with the .....

Tags : Allahabad High Court, Yamuna Expressway Land Scam Case

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Session on “Encouraging R&D in Telecom and Broadcasting Sectors”(24.02.2021)

Telecom Regulatory Authority Of India (TRAI), conducted an online Brainstorming session on "Encouraging Research & Development in Telecom and Broadcas.....

Tags : Research, Development, Telecom Sector

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SC Seeks Reply on Plea for Release of Imprisoned Pakistani Survivor in Samjhauta Blasts Case(16.05.2016)

SC has sought responses from Centre and Punjab on plea of father of a Pakistani national, who landed in Amritsar jail after surviving the 2007 terror .....

Tags : SC, Samjhauta Express

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Finance Minister holds pre-budget consultation with the representatives of industry, services and trade groups(17.12.2019)

Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman, held third Pre-Budget Consultations with stakeholder Groups from Industry, Tra.....

Tags : Pre-Budget, Consultation, Representatives, Industry

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RBI announces rate of interest on Government of India Floating Rate Bond 2033(21.09.2022)

The rate of interest on Government of India Floating Rate Bond 2033 (GOI FRB 2033) applicable for the half year September 22, 2022 to March 21, 2023 s.....

Tags : Rate, Interest, Floating Rate Bond 2033

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South Korea's Constitutional Court Upholds President Park Geun Hye Impeachment(14.03.2017)

South Korea's Constitutional Court has upheld impeachment of President Park Geun Hye in a unanimous vote, removing her from office over a graft scanda.....

Tags : South Korea's Constitutional Court, Impeachment, President Park Geun Hye

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No larger public interest overriding the right to privacy of the donors and donees of electoral bonds; information are exempt under provisions of RTI Act(21.12.2020)

The Appellant has filed the instant appeal on the grounds that, reply given by the CPIO was wrong, incomplete and misleading. The Appellant pleaded th.....

Tags : Information, Disclosure, Public interest

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Representation from all India Saccharin manufacturing Association-implementation of Hon'ble Gujarat High Court order dated 07.02.2018 in Special Civil Application No. 1399 of 2018(25.10.2018)

Kind attention is invited to the Civil Notice dated 12.02.2018 in the Special Civil Application No. 1399/2018 in the Hon'ble High Court of Gujarat and.....

Tags : Representation, Association, Order, Implementation

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An Arbitrator shall be ineligible, if his close family member has significant financial interest in one of the parties or an affiliate of one of the parties(25.09.2020)

The Petitioner is seeking termination of the mandate of the Presiding Arbitrator under Sections 14 and 15 of the Arbitration and Conciliation Act, 199.....

Tags : Presiding Arbitrator, Mandate, Termination

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Cabinet approves MoU between India and BRICs countries to set up BRICS Agriculture Research Platform(02.08.2017)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for a Memorandum of Understanding (MoU) signed.....

Tags : MOU, Approval, Agricultural research

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Delhi HC Issues Notice on Plea to Centre Challenging Vires of Waqf Act(20.04.2022)

Delhi High Court has issued notice on a public interest litigation filed seeking uniform law for Trust and Trustees, Charities and Charitable Institut.....

Tags : Delhi High Court, public interest litigation, Waqf Act, 1995, Charities and Charitable Institutions and Religious Endowments

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SC: Residential Accommodation for Nuns & Hostels for Students Can Claim Property Tax Exemption(02.03.2021)

Supreme Court held that residential accommodation for nuns and hostel accommodations for students which are attached to various educational institutio.....

Tags : Supreme Court, Residential Accommodation for Nuns & Hostels for Students

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CIC dismisses appeal seeking up-to-date government email addresses(16.12.2015)

The Central Information Commission dismissed an appeal seeking email addresses of all governments, public authorities and organisations maintained by .....

Tags : Rti, email addresses, outdated, security, privacy

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An employee has a right to claim interest on delayed payment of retirement benefits(21.06.2021)

The writ Petitioner joined Durgapur Projects Limited, a Government of West Bengal Enterprise, on August 18, 1980. Durgapur Projects Limited is a State.....

Tags : Gratuity, Interest, Entitlement

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Bombay HC Dismisses Govt.’s Plea Seeking Regularisation of Illegal Structures(28.04.2016)

Bombay High Court has dismissed Maharashtra Government plea seeking to implement a policy to regularise illegal structures across the State which have.....

Tags : Bombay High Court, Illegal Structures

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Authority under RERA Act, 2016 is empowered to impose interest on contravention of obligations by promoter(04.11.2020)

In facts of present case, the Petitioner is a promoter. The Respondent Nos.3 to 119 are allottees. The Petitioner could not deliver possession of the .....

Tags : Interest, Levy, Validity

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RBI clarifications for start-ups(11.02.2016)

The Reserve Bank of India has issued clarifications relating to acceptance of payments and issue of shares by start-ups. The Bank reiterates, variousl.....

Tags : start-up, payments, shares, clarifications

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Amendment in notification No. 50/2017-Customs, dated the 30th June, 2017(07.09.2020)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Cu.....

Tags : Public interest, Amendment, Notification

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Trade Repository for OTC Foreign Exchange and Interest Rate Derivatives(21.09.2017)

1. Attention of Authorised Dealer Category - I (AD Category-I) banks is invited to circular no.FMD.MSRG.No.75/02.05.002/2012-13 dated March 13, 2013 o.....

Tags : Trade Repository, Foreign Exchange, Interest Rate

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NCLAT Upholds Dismissal of Petition Filed During Prohibited Period(24.05.2022)

National Company Law Appellate Tribunal while adjudicating an appeal has upheld that Corporate Insolvency Resolution Process cannot be initiated over .....

Tags : National Company Law Appellate Tribunal, Corporate Insolvency Resolution Process, Insolvency and Bankruptcy

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When affairs of Company are being conducted in manner prejudicial to public interest, Tribunal is empowered to replace the existing Management(13.03.2020)

The Union of India moved a Petition under Sections 401/397/398 read with Section 408 of the Companies Act, 1956 (now Section 241(2) read with Section .....

Tags : Report, Public interest, Management, Replacement

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Unless there is a specific bar under the contract, it is always open for the Arbitrator/Arbitral Tribunal to award pendente lite interest(17.03.2023)

The Indian Railway Construction Company Limited ("IRCON") has preferred the present appeal feeling aggrieved and dissatisfied with the impugned judgme.....

Tags : Award, Interest, Grant

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Uttarakhand Appropriation (Vote on Account) Ordinance 2016(31.03.2016)

The Central Government passed an ordinance permitting utilisation of funds from Utt.....

Tags : uttarakhand, president’s rule, appropriation

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Prescription shall commence to run as soon as the debt is due(21.09.2020)

Present case is about whether or not a claim to divide the fruits of a universal partnership can prescribe in terms of the Prescription Act 68 of 1969.....

Tags : Universal partnership, termination, Prescription

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Genuineness of property transaction cannot be doubted merely because thumb impression was affixed instead of signature(17.08.2021)

Present appeal arises out of the judgment and order of the High Court whereby the appeal filed by the probate applicant was allowed in his favour by c.....

Tags : Genuineness, Property Transaction, Thumb Impression

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RBI Issues Revised Guidelines for FIF(16.10.2015)

Reserve Bank of India (RBI) has issued revised guidelines for scope of activities and objectives of its Financial Inclusion Fund (FIF). The corpus of .....

Tags : Reserve Bank of India, FIF

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A petition cannot be entertained on the basis of assumptions and presumptions(15.06.2020)

The Petitioners, by way of present writ petition, assail the result dated 14th May, 2020 and waiting list result dated 14th May, 2020, for the post of.....

Tags : Selection process, Leakage of paper, Presumption

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SC Raps States, UTs over Illegal Religious Structures(19.04.2016)

SC has rapped States and Union Territories for their failure to comply with its directions to file affidavits spelling out steps they have taken for r.....

Tags : SC, States, Union Territories, illegal religious structures

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Reserve Bank of Indiaannouncesvarious measures to enhance forex inflows(06.07.2022)

The Reserve Bank has been continuously monitoring the liquidity conditions in the forex market and has now stepped in to alleviate dollar tightness wi.....

Tags : Forex inflows, Measures, Announcement

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Delhi HC Clears McDonald's Arbitration(22.07.2016)

Delhi HC has allowed McDonald’s to approach the London Court of International Arbitration against Bakshi and his wife, in a dispute over ownership of .....

Tags : Delhi HC, Connaught Plaza Restaurants, McDonald, Vikram Bakshi

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CBDT issues clarification in respect of residential status of certain individuals under Income-Tax Act, 1961(04.03.2021)

The Central Board of Direct taxes (CBDT) issues clarification in respect of Residency under the Income tax Act, 1962 (IT Act). The Board has received .....

Tags : Clarification, Issuance, Residential status

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Procedures for Exchange Listing Control Mechanism(27.01.2017)

Regulation 45 of the SECC Regulations provides for listing of stock exchanges on any recognised stock exchange, other than itself and its associated s.....

Tags : Exchange Listing, Mechanism, Procedures

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#Major Changes Implementing From Today: RBI’s New Credit and Debit Card Rules(01.10.2020)

Reserve Bank of India (RBI) has issued new guidelines which will become effective from 1st October, 2020 to secure debit and credit cards, whereby car.....

Tags : Reserve Bank of India, Credit and Debit Card Rules

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Irrational and indiscriminate arrests are gross violation of human rights(20.05.2021)

The instant anticipatory bail application has been filed with a prayer to grant anticipatory bail to the applicants, in Case Crime under Sections-323,.....

Tags : Arrest, Bail, Entitlement

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RBI Extends E-Payment Deadline and Banking Hours(30.03.2016)

Reserve Bank of India (RBI) has issued instructions wherein it has been decided that all agency banks shall keep counters of their designated branches.....

Tags : Reserve Bank of India, E-Payment

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Measures to Boost Industrial Growth Rate(23.09.2020)

Industrial growth depends on a number of factors including structural, external, fiscal and industrial factors. The moderation in India's industrial g.....

Tags : Measures, Boost, Industrial Growth

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President Approves Disqualification of 20 AAP MLAs by ECI Over Office of Profit Row(22.01.2018)

President Ram Nath Kovind has approved the Election Commission of India’s (ECI) recommendation for disqualification of 20 Aam Aadmi Party (AAP) MLAs f.....

Tags : President, Aam Aadmi Party

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NCLT/NCLAT has no residual equity jurisdiction while dealing with Resolution Plan approved by Committee of Creditors(10.08.2021)

Present appeal arises under Section 62 of the Insolvency and Bankruptcy Code, 2016 against a judgment of the National Company Law Appellate Tribunal. .....

Tags : Resolution Plan, CoC, Jurisdiction

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Reserve Bank of India Removes Charges on NEFT, RTGS Transfers(07.06.2019)

Reserve Bank of India (RBI) has announced that it is waiving off charges that are applied on bank transfers carried out either by National Electronic .....

Tags : Reserve Bank of India, NEFT, RTGS

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Liability to pay the interest on compensation shall be from the date of accident(11.03.2022)

The heirs of the deceased – labourer working on sugarcane field have preferred the present appeal against the impugned judgment passed by the High Cou.....

Tags : Compensation, Interest, Entitlement

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Government takes a number of measures to promote Country's performance in 'Ease of Doing Business'(27.03.2017)

The Ministry of Labour and Employment has taken steps for drafting four Labour Codes on Wages; Industrial Relations; Social Security & Welfare; and Sa.....

Tags : Measures, Promotions, Business

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SEBI Introduces special situation funds under Alternative Investment Funds Regulation(27.01.2022)

SEBI (Alternative Investment Funds) Regulations, 2012 ("AIF Regulations"), have been amended and notified on January 24, 2022, to introduce Special Si.....

Tags : Introduction, SSF, Interest, Investor

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Supreme Court: Private Coaching Centres Need to be Regulated(06.02.2017)

Supreme Court has said that private coaching centres in country need to be “regulated” as these cannot be “wiped out” and asked Centre to ponder over .....

Tags : Supreme Court, private coaching centres

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Central Government exempts certain non-residents from furnishing ITR(11.10.2021)

The Central Government exempts certain class of persons, subject to the conditions, from the requirement of furnishing a return of income under sub-se.....

Tags : ITR, Exemption, Non-residents

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Contract must explicitly bar pendente lite interest to prevent arbitral award(16.03.2016)

An Arbitrator cannot award interest pendente lite if the same is barred expressly by contract. The Supreme Court distinguished an explicit contractual.....

Tags : Arbitration, interest, award, pendente lite

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Proclamation by the President of India regarding the imposition of Governor's rule in the State of Jammu and Kashmir(19.12.2018)

G.S.R.1223(E).--The following Proclamation by the President is published for general information:-

Whereas, I, Ram Nath Kovind, President of.....

Tags : Governor's rule, Imposition, Proclamation, President

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Restrictions on import of products made of plastic(22.06.2022)

1. Kind attention is invited to letter No. B-17011/7/UPC-II-PWM (MLP)/2021/12900 dated 01.02.2022 received from Ministry of Environment, Forest & Clim.....

Tags : Restrictions, Import, Plastic products

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Delhi HC Restrains Narinder Batra from Discharging Functions as President of IOA(27.06.2022)

Delhi High Court while restrained Narinder Dhruv Batra from discharging functions as President of Indian Olympic Association (IOA) has held that purit.....

Tags : Delhi High Court, Indian Olympic Association, Restrain

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Graded relaxation in visa and travel restrictions(22.10.2020)

In view of the situation arising out of the COVID-19 pandemic, the Government of India had taken a series of steps to curtail the inward and outward m.....

Tags : Graded relaxation, Visa, Travel restrictions

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Ministry of Finance “E-Sahyog" Pilot Project to Facilitate Taxpayers(27.10.2015)

The Ministry of Finance has launched a pilot project, “e-Sahyog” to reduce the need for taxpayers to appear physically before tax authorities. It will.....

Tags : Tax, sahyog, scrutiny, online, response

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Karnataka HC Quashes Denotification 260 Acres of Forest Area in Shivamogga District(05.03.2021)

Karnataka High Court has quashed the notification issued in 2017 denotifying 260 acres of forest area in Shivamogga district purportedly for rehabilit.....

Tags : Karnataka High Court, Denotification of Forest Area in Shivamogga District

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At the stage of show cause, the person proceeded against must be told about the charges against him(24.12.2022)

The Petitioner is an existing college in the State which was granted approval by the respondent-Pharmacy Council of India (PCI) to undertake admission.....

Tags : Recognition, Restoration, Issuance

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SC Stays Delhi HC Contempt Proceedings Against Centre for Failure to Publish Notification(14.08.2020)

Supreme Court has stayed the contempt of court proceedings initiated by Delhi High Court against Ministry of Environment, Forest & Climate Change (MoE.....

Tags : Supreme Court, Contempt Proceedings Against Ministry of Environment, Forest & Climate Change

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Interest is compensatory in nature and is parasitic on the principal amount(02.06.2023)

The present appeal has been insinuated under Section 37 of the Arbitration and Conciliation Act, 1996 seeking setting aside of the judgment whereby ob.....

Tags : Award, Interest, Legality

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Amendment in para 5.25 of HBP 2015-20 of the Handbook of Procedures (HBP) of Foreign Trade Policy (FTP) 2015-20(09.10.2017)

In exercise of the powers conferred under Paragraph 1.03 of the Foreign Trade Policy (FTP), 2015-20, the Director General of Foreign Trade, hereby mak.....

Tags : Amendment, Procedures, Foreign Trade Policy

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ITAT: Consideration for Resale of Computer Software Not Taxable as Royalty for Use of Copyright(06.06.2022)

Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that consideration for the resale of the software through End User Licence Agreement is not.....

Tags : ITAT, Computer Software, Royalty, Resale

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RBI Issues Draft Norms for Account Aggregators(04.03.2016)

Reserve Bank of India (RBI) has issued draft guidelines for setting up of Non-Banking Finance Companies (NBFC) that would act as account aggregators a.....

Tags : Reserve Bank of India , Non-Banking Finance Companies

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Frequently asked questions on Corporate Social Responsibility(25.08.2021)

1. The broad framework of CSR has been provided in Section 135 of the Companies Act, 2013 (herein after referred as 'the Act'), Schedule VII of the Ac.....

Tags : Corporate Social Responsibility, FAQs

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RBI announces rate of interest on Government of India Floating Rate Bond 2028(03.10.2023)

The rate of interest on Government of India Floating Rate Bond 2028 (GOI FRB 2028) applicable for the half year October 04, 2023 to April 03, 2024 sha.....

Tags : Interest, Rate, Announcement

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SC Asks Govt. to Explain President’s Rule in AP(28.01.2016)

Supreme Court has expressed its displeasure over Arunachal Pradesh Governor’s counsel and issued notice to Govt. as to why it was not informed about r.....

Tags : Supreme Court , President’s Rule in AP

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Delhi HC Says 'Hindu Resentment' Order of Delhi Police Caused No Prejudice(10.08.2020)

Delhi High Court has refused to quash the order of the Special Commissioner of Police, which cited 'resentment among Hindu community in the wake of ar.....

Tags : Delhi High Court, 'Hindu Resentment' Order

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Central Government makes amendment in the notification of Ministry of Finance (Department of Revenue) No.11/2017-Union Territory Tax (Rate), dated the 28th June, 2017(09.05.2023)

In exercise of the powers conferred by sub-sections (1), (3) and (4) of section 7, sub-section (1) of section 8, clause (iv), clause (v) and clause (x.....

Tags : Notification, Amendment, Public interest

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RBI Issues Guidelines for Voluntary Surrender of Licence by PSOs(13.05.2016)

Reserve Bank of India (RBI) has issued guidelines for voluntary surrender of licence by Payment System Operators (PSOs) under Payment & Settlements Sy.....

Tags : Reserve Bank of India , PSOs

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Apex Court Extends Order Banning Further Tree Felling in Aarey Forest(17.12.2019)

Apex Court has extended its interim order that had stayed the felling of trees in Mumbai's Aarey Colony area for setting up of a metro car shed. The C.....

Tags : Apex Court, Aarey Forest

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CEA brings out Draft Resource Adequacy framework for reliable and secured power supply(22.09.2022)

Shri Krishan Pal Gujar, Minister of State for Power & Heavy Industries inaugurated a workshop on "Resource Adequacy- Need and way forward" organized b.....

Tags : Resource Adequacy, Framework, Power supply

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Bombay HC Paves Way to Let Out Actress Nanda’s Triplex Flat(28.11.2016)

Bombay High Court has paved way to give Actress Nanda’s 4,000 sq ft sea-facing triplex residential flat in Versova on leave and licence, two years aft.....

Tags : Bombay High Court, Actress Nanda, triplex residential flat,

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Disclosures on Margin obligations given by way of Pledge/ Re-pledge in the Depository System(02.09.2020)

1. Regulation 29 (4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 (herein after referred as "Takeover Regulations") .....

Tags : Disclosures, Margin obligations, Depository System

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A security interest in collateral is perfected, if the security interest is attached to the collateral(21.07.2023)

On 28 November 2022, Sky and Space Company Ltd (SAS) granted Celtic Capital Pty Ltd (Celtic) a security interest in its personal property. A registrat.....

Tags : Registration, Security interest, Time

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Disability Bill Receives President's Assent(29.12.2016)

Rights of Persons with Disabilities Bill, 2016 which aims at securing and enhancing rights and entitlements of disabled persons has received President.....

Tags : Disability Bill, President’s Assent

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Kerala HC: No Blanket Order Should be Passed Under S.438 CrPC to Prevent Arrest(26.10.2020)

Kerala High Court has held that when no crime is registered against a person, it is not permissible to grant him/her anticipatory bail, on the reason .....

Tags : Kerala High Court, Blanket Order Preventing Arrest

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If a business has been set up, even it has not commenced its activities, then expenditure relatable to said business, including interest expenses should be allowed as deduction(27.09.2023)

The assessee firm has filed its return of income for the assessment year 2015-16 on 30.09.2015 declaring total income of Rs.1,31,50,650. During the co.....

Tags : Disallowance, Interest, Legality

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Insolvency professional not to outsource his responsibilities(03.01.2018)

The Insolvency and Bankruptcy Code, 2016 (Code) read with regulations made thereunder cast specific duties and responsibilities on an insolvency profe.....

Tags : Professional, Responsibilities, Outsource

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Kerala HC Seeks Response of State Regarding Clause Restricting Non-Vaccinated Persons(10.08.2021)

Kerala High Court has sought the response of the State regarding a clause in its latest Government Order which restricts persons who have not taken CO.....

Tags : Kerala High Court, Clause Restricting Non-Vaccinated Persons

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RBI Simplifies Gold Monetisation Scheme(22.01.2016)

Reserve Bank of India (RBI) has simplified Gold Monetisation Scheme (GMS) for bulk depositors, in order to help temple boards to do so and also allowe.....

Tags : Reserve Bank of India , Gold Monetisation Scheme

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RBI reviews instructions relating to interest on overdue domestic deposits(02.07.2021)

Reserve Bank of India (RBI) has issued the review of instructions on Interest on overdue domestic deposits. RBI’s decision to allow banks to offer the.....

Tags : Interest, Deposit, Instruction

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Flat-buyers’ endeavours against Unitech stumped by COMPAT(20.07.2016)

A read»

Supreme Court Refuses to Entertain Plea Seeking Uniform Policy to Resolve Public Agitations(18.03.2021)

Supreme Court has declined to entertain plea by Bharat Bhoomi Bachao Sangharsh Samiti seeking directions for framing of guidelines and a uniform polic.....

Tags : Supreme Court, Uniform Policy to Resolve Public Agitations

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Once a resolution plan is duly approved by Adjudicating Authority under Section 31 of IBC, the claims shall stand frozen and will be binding on Corporate Debtor and its employees(12.05.2021)

Present Appeal emanates from the Order, passed by the National Company Law Tribunal, whereby the Adjudicating Authority/NCLT approved the Resolution P.....

Tags : Resolution Plan, Approval, Legality

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Decision of the CoC’s ‘commercial wisdom’ is non¬ justifiable, except on limited grounds(17.12.2021)

Present appeals assail the judgment and order passed by the National Company Law Appellate Tribunal, New Delhi (“the NCLAT”), thereby allowing the app.....

Tags : Resolution Plan, Process, Commercial wisdom

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Japanese whalers hunt over 200 pregnant whales for ‘science’(04.04.2016)

Japanese fishermen’s haul of whales from their recent expedition in the Antarctic was met with an unsurprisingly apoplectic reaction from neighbouring.....

Tags : japan, whaling, scientific research, ban

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Delhi HC Issues Notice in Appeal Challenging Stay on Order Directing Reservation of Beds(28.09.2020)

Delhi High Court has issued a notice in a Letters Patent Appeal moved by the Delhi Government before the Division Bench of the Delhi High Court agains.....

Tags : Delhi High Court, Reservation of Beds

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Chh. HC: Once Resignation is Accepted, Employee Cannot Claim its Withdrawal(18.10.2024)

Chhattisgarh High Court has held that once the resignation of an employee is accepted there is no jural relationship between the employee and the empl.....

Tags : Chhattisgarh High Court, Resignation, Reinstatement

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No Revenue appeals against interest on refund of excess TDS(26.04.2016)

The Central Board of Direct Taxes issued a notification stating that no appeals are to be filed against interest be claimed by a tax deduct on refund .....

Tags : litigation reduction, tds, refund, interest

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Kerala HC Dismisses Pleas Challenging Allocation of Reserved Seats for Ensuring Election(12.11.2020)

Kerala High Court has dismissed a batch of writ petitions challenging allocation of reserved seats to different wards/divisions of some of the local b.....

Tags : Kerala High Court, Allocation of Reserved Seats

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If the Judgment debtor has intimated the decree holder and award amount is available for withdrawal unconditionally, the liability of judgment debtor would cease on the date of deposit(04.09.2023)

By way of present Execution Petitions filed under Section 36 of the Arbitration and Conciliation Act, 1996 ('the A&C Act') read with Order XXI Rule 1 .....

Tags : Award, Execution, Interest

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RBI Cut Repo Rate by 50 bps(29.09.2015)

Reserve Bank of India (RBI) has cut its repo rate by 50 basis points to 6.75%, while keeping the Cash Reserve Ratio (CRR) unchanged at 4%. This was fo.....

Tags : Reserve Bank of India, Repo Rate

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Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015-Amendments(09.07.2020)

1. Kindly refer to SEBI (IFSC) Guidelines, 2015 which were notified by SEBI on March 27, 2015 and SEBI Circular dated July 27, 2017.

2. In o.....

Tags : Guidelines, Amendments, Interests, Investors

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Any grievance by the employees is to be redressed within the time limit prescribed(17.07.2019)

The relief sought for in the present writ petition is for a direction to the Respondents to regularize the services of the writ petitioner from 1st Ma.....

Tags : Rights, Redressal, Time Limit

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RBI Capped Withdrawal From Jan Dhan Accounts to Rs. 10000 Per Month(30.11.2016)

Reserve Bank of India (RBI) has issued a notification saying that Jan Dhan Account Holders will be allowed to withdraw only Rs 10,000 a month, as a te.....

Tags : Reserve Bank of India, Jan Dhan Account, money laundering, withdraw

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RBI imposes restriction on Mastercard from on-boarding new domestic customers(14.07.2021)

The Reserve Bank of India (RBI) has imposed restrictions on Mastercard Asia / Pacific Pte. Limited (Mastercard) from on-boarding new domestic customer.....

Tags : Supervisory action, Restrictions, Mastercard

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In order to be eligible for declaratory relief, shares must not have been suspended from trading for more than five days in the previous 12 months(22.03.2022)

In present matter, on 1 March 2022, the Plaintiff, Buddy Technologies Limited (Buddy Technologies), filed an originating process seeking orders under .....

Tags : Shares, Sale, Cleansing prospectus

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Any amount deposited during investigation has to be treated as pre-deposit and the same is neither hit by limitation nor by unjust enrichment(27.09.2022)

The issue involved in present appeal is whether the Court below have erred in reducing the amount of refund, which was in the nature of pre- deposit, .....

Tags : Pre-deposit, Refund, Interest

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Kerala High Court to State Government: Inform Us of Stand on Plea to Revise Reservation List of BC’s(23.07.2019)

Kerala High Court has directed the State Government to inform it of its stand on a plea seeking to revise the list of reservation of Backward Classes .....

Tags : Kerala High Court, Reservation

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Insolvency and Bankruptcy Board of India (Engagement of Research Associates and Consultants) (Amendment) Regulations, 2022(01.06.2022)

In exercise of the powers conferred by section 240 read with section 194 of the Insolvency and Bankruptcy Code, 2016 (No. 31 of 2016), the Insolvency .....

Tags : Engagement, Research Associates, Amendment, Regulations

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Guidelines Prescribing Modalities for Persons with Disabilities to Show Respect to The National Anthem(25.01.2017)

In pursuance of the order of Hon'ble Supreme Court dated 09.12.2016 in the matter of Writ Petition (Civil) No. 855 of 2016, the Central Government has.....

Tags : Modalities, Persons with disabilities, Respect, National Anthem

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Kerala HC: Arrest Under Immoral Traffic (Prevention) Act to be Conducted by Special Police Officer(01.12.2020)

Kerala High Court has made it clear that any investigation or arrest under the Immoral Traffic (Prevention) Act, 1956 has to be conducted only by a Sp.....

Tags : Kerala High Court, Arrest

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SC: RBI Must Disclose All Info About Banks Under RTI(17.12.2015)

Supreme Court has ruled that Reserve Bank of India (RBI) is bound in law to give information regarding private and public banks under the Right To Inf.....

Tags : Supreme Court, Right To Information , Reserve Bank of India

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It is within the exclusive domain of the State Legislature to legislate as to whose services to be included into the essential services(10.07.2020)

The Writ Petition has been filed under Article 226 of the Constitution of India, 1950 read with Section 482 of Criminal Procedure Code, 1973 (CrPC) se.....

Tags : Restrictions, Lockdown, Exemption

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Jharkhand HC: No Interest Recovery Without Show Cause Notice and Adjudication(04.05.2020)

Jharkhand High Court has held that the process of recovery of interest cannot be initiated against an assessee under the Central Goods and Services Ta.....

Tags : Jharkhand High Court, Interest Recovery

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Cyber Security and Cyber Resilience framework for Portfolio Managers(29.03.2023)

1. With rapid technological advancement in the securities market, there is a greater need for maintaining robust cyber security and to have a cyber- r.....

Tags : Cyber Security, Cyber Resilience, Portfolio Managers

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Gujarat High Court Issues Notice To State Government On 10 Per Cent Reservation Ordinance(01.06.2016)

Gujarat High Court has issued notice to the State Government over a petition challenging an ordinance providing 10 per cent reservation in Government .....

Tags : Gujarat High Court, Reservation

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Delhi High Court Demands Information on Wildlife Rescue(14.02.2019)

Delhi High Court has sought the response of Delhi Government, its forest department and the Central Zoo Authority on a PIL seeking setting up of rescu.....

Tags : Delhi High Court, Wild Life Rescue

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Reduction of Timeline for Listing of Shares in Public Issue from Existing T+6 Days To T+3 Days(09.08.2023)

. Consequent to extensive consultation with the market participants and considering the public comments received pursuant to consultation paper on the.....

Tags : Reduction, Timeline, Shares, Listing

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Petition against admission procedure? Sooner better than later(03.06.2016)

Under its then existing reservation policy, the University accepted persons with a caste certificate from outside Delhi to also be considered OBC cand.....

Tags : admission, reservation, delay, obc

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Madras HC: Acceptance of Corporate Insolvency Resolution Not a Ground to Quash Case u/s 138 NI Act(23.01.2020)

Madras High Court has held that acceptance of the Corporate Insolvency Resolution Plan under Section 31 of the Insolvency and Bankruptcy Code, 2016 ca.....

Tags : Madras High Court, Corporate Insolvency Resolution

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Delhi HC Asks Centre, Police To Respond To PIL Seeking Better Treatment Of Cows(17.10.2022)

Delhi High Court has sought a reply from the Centre and Delhi Police in a public interest litigation (PIL) seeking remedial steps for treatment of lum.....

Tags : Delhi High Court, Delhi Police, public interest litigation

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SC Denies to Interfere in Versova-Andheri-Ghatkopar Metro Fares Issue(28.01.2016)

Supreme Court has denied to interfere in ongoing petition in Bombay High Court over Versova-Andheri-Ghatkopar Metro fares.

Tags : SC, Versova-Andheri-Ghatkopar Metro Fares Issue

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Reserve Bank of India Keeps Lending Rate Unchanged in the Bi-Monthly Monetary Policy(06.08.2020)

Reserve Bank of India has come out with the Bi-Monthly Monetary Policy whereby the key lending rate has remained unchanged. The Committee has kept rep.....

Tags : Reserve Bank of India, Bi-Monthly Monetary Policy

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A party was bound by their pleadings and ordinarily, they would not be allowed to raise a different or fresh case without a due amendment(03.05.2023)

The Respondent (Mr. Gqamane) was arrested without a warrant for allegedly assaulting the complainant. A charge of assault with intent to commit grievo.....

Tags : Arrest, Discretion, Validity

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RBI Announces Rs 10,000 Crore OMO Purchases(05.02.2016)

Reserve Bank of India (RBI) has announced an Open Market Operation (OMO) purchase of government securities worth Rs 10,000 crore on February 8.

Tags : Reserve Bank of India , Open Market Operation

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Recovery of Interest on delayed remittance of Government Receipts into Government Account(26.09.2019)

In Circular DGBA.GAD.No.H-4831/42.01.011/2012-13 dated February 13, 2013 wherein, in order to bring uniformity in the procedure of reporting both cent.....

Tags : Government Receipts, Recovery, Interest

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DRT is also a civil court and its order would operate as res judicata(11.07.2022)

Present civil revision under Section 115 of the Code of Civil Procedure, 1908 ("CPC") has been filed by the applicants challenging the order passed by.....

Tags : Principles, Res judicata, DRT

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CBDT dedicates fortnight for pending appeal effect - rectification matters(07.06.2018)

Redressal of public grievances and taxpayer service is an area of top priority for the CBDT and the Income Tax Department. In this connection, a fortn.....

Tags : Public grievances, Redressal, Pending appeals

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Supreme Court Dismisses Contempt Plea Filed Over Killing of Tigress 'Avni'(26.02.2021)

Supreme Court has dismissed as withdrawn the contempt petition filed by a wildlife researcher Sangeeta Dogra in relation to the killing of Tigress Avn.....

Tags : Supreme Court, Killing of Tigress 'Avni'

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When duty drawback is not paid within a period of three months from the date of filing of claim, the claimant would be entitled to interest in addition to the amount of drawback(05.02.2024)

In present matter, Respondent is a class-I contractor specializing in the field of civil contract works especially funnelling and hydro electric power.....

Tags : Interest, Payment, Direction

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Options on commodity futures - product design and risk management(03.01.2022)

1. SEBI vide Circular no. SEBI/HO/CDMRD/DMP/CIR/P/2017/55 dated June 13, 2017, permitted Commodity Derivatives Exchanges to introduce trading in Optio.....

Tags : Options, Commodity futures, Risk management

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GST Revenue Collection Figures stand at Rs.92,150 crore as on 23rd October, 2017(24.10.2017)

The total revenue of GST paid under different heads (upto 23rd October, 2017) for the month of September 2017 is Rs. 92,150/- crore. The total CGST re.....

Tags : Revenue Collection, Figures, GST

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Madras HC Directs Centre to Take Steps for Implementing OBC Reservation in MBBS Seats(21.07.2021)

Madras High Court has directed the Central government to immediately take measures for implementing OBC reservation in MBBS seats under All India Quot.....

Tags : Madras High Court, Steps for Implementing OBC Reservation in MBBS Seats

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Delhi HC to Govt.: Ensure No Further Encroachment In Forest Area(21.10.2015)

Delhi High Court has ordered Delhi Government and its authorities to ensure there was no further encroachment in forests in National Capital Territory.....

Tags : Delhi High Court, Delhi Government,Encroachment In Forest Area

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Arrest, without a warrant is permitted, where an arresting officer held a reasonable suspicion that, a dangerous wound had been inflicted(04.06.2021)

The appeal arose from the dismissal of the appellants’ claim for wrongful and unlawful arrest in the Eastern Cape Division of the High Court, Mthatha......

Tags : Arrest, Detention, Legality

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Abrogating the right to demonstrations(07.07.1958)

Striking and protesting, recognised as purveyors of social change in the country basically borne from them, are both a scourge and boon. How much so w.....

Tags : Demonstration, freedom of expression, government servant

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SC Directs Centre to Speed Up Implementation of Waiver of Compound Interest on Loan Instalments(15.10.2020)

Supreme Court has directed the Central government to speed up the implementation of waiver of compound interest on instalments of loans up to Rs 2 cro.....

Tags : Supreme Court, Waiver of Compound Interest on Loan Instalments

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Schemes For progress of Industries(16.03.2022)

Government has taken a number of recent initiatives under the AatmaNirbhar Bharat Abhiyan to mitigate the impact of Covid-19 on industries. Some of th.....

Tags : Schemes, Progress, Industries

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CCI clears Jaypee Group of abuse amidst heavy dissent(26.10.2015)

The Competition Commission of India in a majority ruling dismissed complaints against Jaypee Group’s alleged abuse of its dominant position. It determ.....

Tags : Property, jaypee, dominant, residential, abuse, position

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SC Stays Bombay HC Judgment Setting Aside Reservation of Wards in Goa Municipal Councils(05.03.2021)

Supreme Court has stayed the Bombay High Court judgment setting aside a notification issued by the Director and ex-officio Additional Secretary (Munic.....

Tags : Supreme Court, Bombay High Court, Reservation of Wards in Goa Municipal Councils

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NCLAT: Initiation Of CIRP Not A Pre-Requisite To Initiate IRP Against The Personal Guarantor(28.01.2022)

NCLAT has held that initiation of Corporate Insolvency Resolution Process is not a pre-requisite to initiate Insolvency Resolution Process (IRP) again.....

Tags : Insolvency and Bankruptcy Code, NCLAT, Corporate Insolvency Resolution Process

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RBI Allows Financial Institutions to Conduct Business in Indian National Rupee in IFSC(20.01.2020)

Reserve Bank of India has allowed the Financial Institutions to conduct businesses in Indian National Rupees in International Financial Services Centr.....

Tags : Reserve Bank of India, Financial Institutions, Business in Indian National Rupee

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Commercial wisdom of the CoC expressed after due deliberation has to be given weight(21.12.2021)

Present Appeal has been filed by an Unsuccessful Resolution Applicant challenging the order of the Adjudicating Authority by which the Adjudicating Au.....

Tags : Resolution plan, Approval, Legality

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NCLT Orders Liquidation of Rathna Stores Pvt. Ltd.(08.10.2018)

National Company Law Tribunal (NCLT) has ordered liquidation of Rathna Stores Pvt Ltd., order came after after a committee of lenders failed to find b.....

Tags : NCLT, Rathna Stores Pvt. Ltd.

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Likelihood of deception or confusion must be attributable to the resemblance of the marks themselves and not to extraneous matter(26.05.2022)

The Appellant, Open Horizon Ltd, had sought an order interdicting and restraining the Respondent, Carnilinx (Pty) Ltd, from infringing its PACIFIC tra.....

Tags : Infringement, Restraint, Deception

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CIC Imposes Penalty of Re 1 on RTI Applicant(21.09.2016)

Central Information Commission (CIC) has slapped penalty of Re one on an RTI applicant who was acting as a front for a pesticide lobbying group seekin.....

Tags : Central Information Commission, JNU research, penalty

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Uttarakhand High Court Asks State to Fill All Vacancies in Forest Department Within 6 Months(12.04.2021)

Uttarakhand High Court has asked the State Government to take steps for filling up vacancies in its Forest Department, preferably within six months, s.....

Tags : Uttarakhand High Court, Vacancies in Forest Department

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RBI finalises the framework for recognising Self-Regulatory Organisations (SRO) for its Regulated Entities(21.03.2024)

Reserve Bank of India has finalised the Omnibus Framework for recognising Self-Regulatory Organisations (SRO) for its Regulated Entities. SROs enhance.....

Tags : SRO, REs, Framework

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Non-compliance with provisions related to continuous disclosures(29.12.2021)

1. SEBI vide circular no. SEBI/HO/DDHS/DDHS/CIR/P/2020/231 dated November 13, 2020 prescribed a uniform structure for levying fines and taking action .....

Tags : Non-compliance, Provisions, Continuous disclosures

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Supreme Court Notices Centre Over RBI's Refusal to Exchange Demonetised Notes(06.03.2017)

Supreme Court has issued a notice to Central Government on a plea challenging Reserve Bank of India’s (RBI) refusal to accept Rs 500 and Rs 1,000 note.....

Tags : Supreme Court, Demonetised Notes, Reserve Bank of India

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SC Dismisses Plea Against Consecutive Reservation of Panchayat President Posts in Kerala(24.12.2020)

Supreme Court has dismissed a plea which challenged the reservation notification issued by the State Election Commission for local body heads on the g.....

Tags : Supreme Court, Reservation of Panchayat President Posts

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Once CoC has approved the resolution plan by requisite majority which is in consonance with applicable provisions, same cannot be a subject matter of judicial review(20.10.2023)

The present appeal filed under Section 61 of Insolvency and Bankruptcy Code, 2016 ("IBC") by the Appellants arises out of the Order passed by the Adju.....

Tags : Resolution plan, Majority, Review

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Mixed residential, commercial use envisaged in Delhi rent control(11.07.2016)

Section 2(l)(iii) of the Delhi Rent Control Act 1958 is applicable in a case where tenancy premises are residential-cum-professional, or vice versa, a.....

Tags : rent control, inherited rights, residential, commercial use

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Karnataka HC Directs Member of Hubbali Bar Association to Appear for Sedition-Accused Students(28.02.2020)

Karnataka High Court has observed that a member of Hubbali Bar Association should appear on behalf of three Kashmiri students charged with sedition fo.....

Tags : Karnataka High Court, Hubbali Bar Association Resolution

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SC Allows Disbursal of Rs 1 Crore to 15 Homebuyers on Pro Rata Basis(14.12.2022)

Supreme Court has in matter of compensation sought by homebuyers of Supertech Twin Towers, directed the disbursal of INR One crore that has been depos.....

Tags : Supreme Court, Interim Resolution Professional, Pro Rata Basis, Supertech Twin Towers

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SC Rejects Plea for Interim Order for Implementation of 50% OBC Reservation in Medical College(27.10.2020)

Supreme Court has dismissed pleas filed by State of Tamil Nadu and AIADMK seeking interim order for implementation of 50% quota for Other Backward Cla.....

Tags : Supreme Court, Implementation of 50% OBC Reservation

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ITAT: Cost of New Residential House includes Cost of Land Purchased(03.08.2022)

Income Tax Appellate Tribunal (ITAT), Visakhapatnam Bench held that the cost of new residential house includes cost of land purchased under Section 54.....

Tags : ITAT, Residential House, Land

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CIVIL - Prosecution Under Customs Act Not Barred in Regard to Art Treasures: SC(28.02.2019)

Supreme Court has held that prosecution under Sections 132 and 135(1)(a) of the Customs Act, 1962, is not barred in regard to the antiquities or art t.....

Tags : Kerala High Court, Customs Act, Antiquities, Art Treasures.

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President of India Promulgates Ordinance to Allow Extension of Tenure of CBI and ED Directors(15.11.2021)

President of India has promulgated two Ordinances to allow the extension of the tenure of the Directors of the Central Bureau of Investigation (CBI) a.....

Tags : President of India, Extension of Tenure of CBI and ED Directors

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Reserve Bank of India Rejects Request to Extend Jan 7 Deadline(08.01.2020)

Reserve Bank of India has rejected banks’ demand to extend the January 7 deadline to come up with resolution plans under Inter-Creditor Agreements on .....

Tags : Reserve Bank of India, Deadline

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Delhi HC: Mutual Respect Between Bar And Bench Essential for Vibrant Legal System(12.10.2022)

Delhi High Court while observing that lawyers are expected to always address court with deference and adverse remark by a judge against counsel in a j.....

Tags : Delhi High Court, Bar and Bench, Mutual Respect

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RBI: Small Finance Banks Can Join Payment System(23.12.2015)

Reserve Bank of India (RBI) has said that entities who received in-principle approval for setting up payments banks and small finance banks can join a.....

Tags : Reserve Bank of India, payment system

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Bombay HC Dismisses Advocate's PIL Seeking Public Declaration of PM CARES Fund(28.08.2020)

Bombay High Court has dismissed a public interest litigation filed by Advocate Arvind Waghmare seeking public declaration of money received for Prime .....

Tags : Bombay High Court, PM CARES Fund

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Court has a discretion to approve a scheme under Section 411(4)(b) of the Corporations Act and is not bound to approve a scheme just because the statutory majorities have been achieved(10.06.2022)

The Plaintiff applies for orders approving a proposed scheme of arrangement. The Scheme meeting was convened and held on 1 June 2022. At the meeting, .....

Tags : Resolution, Scheme, Approval

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RBI Keeps Repo Rate Unchanged at 6%, Raises Inflation Forecast for Next Two Quarters(06.12.2017)

Reserve Bank of India (RBI) has kept repo rate unchanged at 6 percent. The inflation forecast for the next two quarters has been increased from 4.2 - .....

Tags : Reserve Bank of India

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Credit on Outdoor Catering Service to the extent of contribution of services charges borne by the employee is not Cenvatable(03.09.2021)

The issue involved in the present case is that whether the Appellant is liable to pay interest on the Cenvat credit availed on the contribution of ser.....

Tags : Demand, Interest, Legality

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Reservation in sole position means unconstitutional exclusion(23.09.2015)

The Supreme Court dismissed an appeal that a position comprised of a single post could be filled under the auspices of ‘reservation’. It reiterated a .....

Tags : Reservation, single, post, constitutionality

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Delhi HC Quashes Orders Restraining Private Schools from Collecting Annual Charges(01.06.2021)

Delhi High Court has quashed two orders issued by the Delhi Government dated 18th April and 28th August 2020 restraining private schools from collecti.....

Tags : Delhi High Court, Restraint on Collection of Annual Charges

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Interest income earned by cooperative society on deposits made out of surplus funds with cooperative banks as well as schedule bank qualifies for deduction(03.06.2024)

In facts of the case, the Appellant is a Cooperative Society registered under the Maharashtra Co-operative Societies Act, 1960. It is engaged in the b.....

Tags : Assessment, Interest, Deduction

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20% Posts Reserved For Course Completed Act Apprentices' Who Were Engaged in Railway Establishments(20.03.2018)

Following is the text of Statement by Union Minister of Railways Shri Piyush Goyal in context of Students Agitation in Mumbai this morning:-

.....

Tags : Posts, Reservation, Railway Establishments

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Use of any alternative reference rate in place of LIBOR for interest payable in respect of export / import transactions(28.09.2021)

1. Attention of Authorised Dealer Category- I banks (AD banks) is invited to extant Regulation 15 of Foreign Exchange Management (Export of Goods & Se.....

Tags : Alternative reference rate, LIBOR, Interest

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NGT Seeks Centre's Reply on Plea Alleging that Waste Treatment Plant is Polluting NCR's Groundwater(23.09.2015)

NGT has sought Ministry of Environment and Forests , Delhi and Haryana Govt.(s), Central Pollution Control Board and others’ response on a plea seekin.....

Tags : NGT,Ministry of Environment and Forests , Delhi , Haryana Govt., Central Pollution Control Board

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Gujarat High Court Stays Recovery of Interest from Delayed Goods and Services Tax Payment(18.02.2020)

Gujarat High Court has stayed the recovery of interest on the delayed Goods and Services Tax payment from taxpayers who have filed their returns in Fo.....

Tags : Gujarat High Court, Recovery of Interest

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SEBI publishes Consultation Paper on strengthening the Investor Grievance Redressal Mechanism in the Indian Securities Market by harnessing Online Dispute Resolution mechanisms(21.12.2022)

As part of its endeavour to further enhance the protection of investors, SEBI proposes to strengthen the Investor Grievance Redressal Mechanism in the.....

Tags : Consultation Paper, Strengthening, Investor Grievance Redressal Mechanism

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RBI Enhances Withdrawal Limits From ATMs From Rs. 4500 to Rs 10,000 Per Day(16.01.2017)

Reserve Bank of India (RBI) has enhanced limit on withdrawals from ATMs from current limit of Rs.4,500 to Rs.10,000 per day per card.

Tags : Reserve Bank of India, Withdrawal Limits, ATMs

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Shareholders are excluded from 'representation', 'participation' or 'voting in the CoC' and are represented in the CoC only through the Directors(13.06.2023)

The Present Appeals are filed under Section 61 of the 'Insolvency and Bankruptcy Code, 2016' (IBC), against the Impugned Orders passed by the 'Adjudic.....

Tags : Resolution plan, Approval, Legality

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Mere allocation of meagre amount cannot be a ground to question the resolution plan(03.04.2023)

The Appellant s is an Unsecured Financial Creditor who has vote share in the CoC of 0.264%. The plan has been approved by the CoC with more than 99% v.....

Tags : Resolution plan, Approval, Legality

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Consumer Forum, Hyderabad: Supermarket Charging Cost for Carry Bags an 'Unfair Trade Practice'(22.02.2021)

District Consumer Disputes Redressal Commission, Hyderabad has directed 'More Megastore' to discontinue its unfair trade practice of arbitrarily impos.....

Tags : District Consumer Disputes Redressal Commission, Carry Bags

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A landlord’s hypothec comes into effect the moment rent is in arrears, and is enforceable against the debtor immediately(29.01.2024)

The Appellant, Ergomode (Pty) Limited (Ergomode), instituted legal proceedings by way of notice of motion in the Mpumalanga Division of the High Court.....

Tags : Business rescue, Hypothec, Perfection

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Bombay HC Slams RBI For Not Exchanging Old Notes in Deceased’s Locker(03.02.2017)

Bombay High Court came down heavily on Reserve Bank of India (RBI) for not complying with its order to change demonetised currency notes totalling Rs .....

Tags : Bombay High Court , Reserve Bank of India

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If the contract prohibits pre-reference and pendente lite interest, the arbitrator cannot award interest for the said period(04.10.2021)

Present appeal is directed against the Order of the Division Bench of the High Court whereby it has upheld the judgment of the learned Single Judge re.....

Tags : Award, Interest, Entitlement

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NGT Serve Notices on Auto Centres(27.08.2015)

National Green Tribunal (NGT) has sought reply from Centre on a plea alleging inaction for allowing automobile service centres to operate in residenti.....

Tags : National Green Tribunal, Auto Centres

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Delhi HC Asks Centre to Decide on CRPF Plea on Promotions(06.04.2021)

Delhi High Court has asked the Centre to decide on a plea by a group of officers of the Central Reserve Police Force (CRPF) upon their stated grievanc.....

Tags : Delhi High Court, Central Reserve Police Force

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An arrest has to be effected on the authority of a warrant or without a warrant; onus rests on the arrestor to justify an arrest(03.05.2024)

The appeal emanated from the appeal court of the Gauteng Division of the High Court, Johannesburg (the appeal court) wherein the appellant, Mr Ntoni J.....

Tags : Arrest, Detention, Legality

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CCI Approves Sony Pictures Deal to Buy Ten Sports(19.01.2017)

Competition Commission of India (CCI) has cleared Sony Pictures Networks’ proposed purchase of Ten Sports, owned by Zee Entertainment Enterprises.

Tags : Competition Commission of India, Ten Sports, Zee Entertainment, Sony Pictures

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SC Sets Aside Judgments Delivered by Bombay HC Quashing Notification to Reserve Post of Mayor(02.09.2021)

Supreme Court has set aside a judgment delivered by the Bombay High Court (Aurangabad Bench) which had quashed a notification issued by the Maharashtr.....

Tags : Supreme Court, Reserve Post of Mayor

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Del. HC: Claims Settled Under RP Becomes Non-Arbitrable(13.10.2023)

Delhi High Court has held that the IBC and resolution process doesn’t contemplate matters being left inchoate and exhorts one to accept the seal of fi.....

Tags : Delhi High Court, Resolution Plan, Non-Arbitrable

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Delhi High Court Bars Cipla From Selling Novartis Respiratory Drug ‘Onbrez’ in India(10.03.2017)

Delhi High Court has barred Cipla Ltd from selling copies of Novartis AG’s respiratory drug Onbrez in India, upholding patents held by swiss drug make.....

Tags : Delhi High Court, Cipla, Novartis Respiratory Drug

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Calcutta HC: Trespassers Entitled to Electricity Unless Evicted by Due Process of Law(28.12.2020)

Calcutta High Court has held that even a trespasser, unless evicted by due process of law, is entitled to electricity. The Court has further clarified.....

Tags : Calcutta High Court, Trespassers Entitled to Electricity

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RBI Launches Website “Sachet” to Tackle Fraud(05.08.2016)

Reserve Bank of India (RBI) has launched a website named “Sachet” from which anyone can obtain information regarding entities that are allowed to acce.....

Tags : Reserve Bank of India , Sachet

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Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit(29.11.2018)

1. Please refer to the operational instructions for the captioned scheme contained in RBI circular on Interest Equalisation Scheme on Pre and Post Shi.....

Tags : Equalisation Scheme, Interest, Shipment, Export Credit

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A court could not take note of prescription of its own accord. A party had to invoke prescription(09.09.2021)

The Appellant (Mr. Jugwanth) claimed fees arising from a contract where he represented the Respondent (MTN) in matters involving the Commission for Me.....

Tags : Claim, Prescription, Invocation

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RBI Stop to Barter Trade on Indo-Myanmar Border(06.11.2015)

Reserve Bank of India (RBI) has decided to officially stop barter system, which is trading of goods without exchange of money, at Indo-Myanmar border......

Tags : Reserve Bank of India , Barter Trade , Indo-Myanmar Border

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Telangana HC Awards Two Revenue Officials Jail Term in Mallannasagar Reservoir Land Acquisition(10.03.2021)

Telangana High Court has punished two top revenue officials, P. Venkatrami Reddy, who served as Siddipet district Collector and Jayachandra Reddy serv.....

Tags : Telangana High Court, Mallannasagar Reservoir Land Acquisition

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Amendments in Paras 4.14 and 4.06 of the Handbook of Procedures 2023(14.03.2024)

In exercise of powers conferred under Paragraph 1.03 and 2.04 of the Foreign Trade Policy 2023, as amended from time to time, the Director General of .....

Tags : Amendments, Handbook, Procedures

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Gujarat HC Dismisses PIL against Sudhir Mankad’s Appointment to RBI(26.07.2016)

Gujarat HC has junked PIL challenging appointment of ex-Chairman of Gujarat International Finance Tec-City (GIFT-City) Sudhir Mankad as a Non-Officiat.....

Tags : Gujarat HC, Sudhir Mankad , Reserve bank of India

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Karnataka HC States Modified Restrictions on Road Travel from Kerala are Misconceived(19.03.2021)

Karnataka High Court has observed that the modified order passed by the Deputy Commissioner of Dakshina Kannada regarding restrictions for road travel.....

Tags : Karnataka High Court, Modified Restrictions on Road Travel from Kerala

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Circulation of progress reports to stakeholders(22.02.2024)

1. Regulation 15 of Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 (Liquidation Regulations) provides that the liqui.....

Tags : Circulation, Progress reports, Stakeholders

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Madras HC: Employee Can’t Assert a Right to Withdraw Resignation Once it is Accepted(27.06.2016)

Madras HC has ruled that in contractual master-servant relationship, no employee can assert right to withdraw his resignation, especially after it had.....

Tags : Madras HC , Resignation

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Reserve Bank of India Penalizes HDFC Bank Rs 1 Crore for Failing Know Your Customer Norms(30.01.2020)

Reserve Bank of India has imposed a penalty of Rs 1 Crore on Housing Development Finance Corporation (HDFC) Bank for failing to comply with the Centra.....

Tags : Reserve Bank of India, HDFC, KYC Norms

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Central Government notifies activity of investment in a financial product by the non-resident in accordance with a contract with such non-resident entered into by a capital market intermediary(04.01.2024)

In exercise of the powers conferred by sub-clause (ii) of clause (4G) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government h.....

Tags : Investment, Financial product, Non-resident

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Telangana HC Issues Notices on Plea for Rebuilding of Religious Structures(10.09.2020)

Telangana High Court has issued notices on a Public Interest Litigation seeking re-building of the religious places, situated within the Telangana Sta.....

Tags : Telangana High Court, Rebuilding of Religious Structures

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Instructions issued by the Central Government under Section 9 of the MSMED Act and by the RBI have statutory force and are binding to all the Banking companies(01.08.2024)

The Appellants have challenged the impugned common order passed by the High Court, whereby the High Court held that the Banks/ Non-Banking Financial C.....

Tags : Restructuring process, Instruction, Compliance

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Cabinet approves Interest Subvention to banks on Short-Term crop loan to farmers(14.06.2017)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Interest Subvention Scheme (ISS) for farmers for the year 2017-18......

Tags : Approval, Interest Subvention, Banks

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Measures to achieve energy transition towards clean energy(25.03.2021)

Government of India has set a target for installing 175 GW of Renewable Energy capacity (excluding large hydro) by the end of 2021-22 which includes 1.....

Tags : Measures, Energy transition, Clean energy

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There is no absolute right in favour of the delinquent officer’s to be represented in the departmental proceedings through the agent of his choice(04.01.2022)

The Appellant Bank has preferred the present appeal against the impugned judgment passed by the High Court, by which, the Division Bench of the High C.....

Tags : Direction, Representation, Choice

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Protecting ‘morality’: Sparks in the wrong powder keg(30.03.1989)

The Central Board of Film Certification’s trimming of movies to conform to the ‘morals of society’ may occasionally lead to ‘silent’, blurry and somew.....

Tags : Film certification, intolerance, freedom of expression

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Government announces various relief measures for taxpayers under GST law in view of severe COVID-19 pandemic(02.05.2021)

In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances under Goods & Services Tax (GST) law due to the outbr.....

Tags : Relief measures, Taxpayers, GST law

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MP HC Denies Anticipatory Bail to Man Accused of Posting Vulgar Pictures of Dr. Mohan Bhagwat(06.11.2020)

Madhya Pradesh High Court has denied to grant the benefit of Anticipatory Bail to a man accused of posting the vulgar photograph of the Rashtriya Sway.....

Tags : Madhya Pradesh High Court, Man Accused of Posting Vulgar Pictures of Dr. Mohan Bhagwat

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Guidelines for MIIs Regarding Cyber Security and Cyber Resilience(29.08.2023)

1. Market Infrastructure Institutions (i.e. Stock Exchanges, Clearing Corporations and Depositories) are systemically important institutions as they, .....

Tags : Guidelines, Cyber Security, Cyber Resilience

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Bombay HC Refuses to Withdraw Restraint on Cutting Off Trees For Metro 3(13.02.2017)

Bombay High Court has said that it would not withdraw restraint on cutting off trees for metro-3 line unless authorities convince bench that they have.....

Tags : Bombay High Court, metro-3, Preservation of Trees Act

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Once the borrowed funds were utilized for business purposes, interest paid on same becomes an allowable deduction under Section 36(i)(iii) of the IT Act(02.08.2021)

Present appeal arises out of the order by the learned Commissioner of Income Tax (Appeals). The ground raised by the assessee is with regard to challe.....

Tags : Disallowance, Interest, Legality

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Supreme Court Refuses to Stay 69% Quota Law in Tamil Nadu(28.08.2018)

Supreme Court has refused to stay the 69% quota law, which has been challenged on the ground that the quota exceeds the maximum 50 per cent limit impo.....

Tags : Supreme Court, Reservation

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Interest should be charged from the date of notice under Section 148 of the IT Act itself and not from the date of return filed(19.04.2023)

The assessee is an individual and derives income mainly from interest and other sources. The return of income under Section 139 of Income Tax Act, 196.....

Tags : Assessment, Interest, Legality

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Report on Trend and Progress of Banking in India 2020-2021(28.12.2021)

The Reserve Bank of India released the Report on Trend and Progress of Banking in India 2020-21, a statutory publication in compliance with Section 36.....

Tags : Report, Trend, Progress

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Spent conviction orders are not made, when public interest is involved(17.04.2019)

The Appellant seeks leave to appeal against penalties imposed upon him following his conviction of road traffic offences. The penalties were imposed b.....

Tags : Public interest, Conviction, Validity

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Arbitral Tribunal can't Award Interest if Agreement Expressly Bars Its Payment: SC(08.02.2019)

Supreme Court has reiterated that arbitrator cannot award interest on award if the agreement expressly prohibits grant of interest.

Tags : Supreme Court, Arbitral Tribunal can't Award Interest if Agreement Expressly Bars Its Payment

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Highest forex inflows for FY 2021-22 on account of various correctional steps taken by Government(29.07.2022)

Central Government’s initiative on FDI policy reforms have resulted in increased FDI inflows in the country. India has received its highest ever FDI i.....

Tags : FDI inflow, Increase, Measures

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Delhi HC Refuses to Intervene with WFI’s Decision on the 74kg Rio Olympics Berth(17.05.2016)

Delhi HC, while hearing plea filed by Indian Wrestler Sushil Kumar regarding the 74kg Rio Olympics berth, has refused to intervene in the matter and a.....

Tags : Delhi HC, Wrestling Federation of India, Sushil Kumar

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Karnataka HC Stays Govt Order Dropping Criminal Prosecution in 61 Cases Against Elected Representativ(21.12.2020)

Karnataka High Court has stayed the government order dated 31st August, 2020 by which it had decided to drop criminal prosecution in 61 cases against .....

Tags : Karnataka High Court, Criminal Prosecution Against Elected Representatives

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JKL HC: Director’s Resignation to Take Immediate Effect if No indication About Same in AoA(23.10.2023)

Jammu and Kashmir and Ladakh High Court has held that in the absence of any indication as regards the effect of resignation in the Articles of Associa.....

Tags : Jammu and Kashmir and Ladakh High Court, Articles of Association, Resignation

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Uttarakhand HC Takes Suo Motu Cognizance of De-notification of Shivalik Elephant Reserve(06.01.2021)

Uttarakhand High Court has taken suo motu cognizance of denotification of the Shivalik Elephant Reserve, the only elephant reserve in the State, for t.....

Tags : Uttarakhand High Court, Shivalik Elephant Reserve

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FAMILY - President Gives Assent to Law Which Removes Leprosy as Ground for Divorce(22.02.2019)

President has given assent to a bill, already passed by parliament, removing leprosy as a ground for divorce under five personal laws including the Hi.....

Tags : President, Leprosy as Ground for Divorce, Hindu Marriage Act

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J&K&L HC: Reservation Cannot be Eaten Away by Meritorious Reserved Category Candidate(15.09.2022)

Jammu and Kashmir and Ladakh High Court has held that benefit of reservation must reach to deserving candidate in reserved category and State is under.....

Tags : Jammu and Kashmir and Ladakh High Court, Reservation, Benefit

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Report on Trend and Progress of Banking in India 2018-19(24.12.2019)

The Reserve Bank of India released the Report on Trend and Progress of Banking in India 2018-19, a statutory publication in compliance with Section 36.....

Tags : Report, Progress, Banking

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DCDRC: E-Commerce Portal Liable if Seller Does Not Mention Country of Origin of Product(03.10.2022)

District Consumer Disputes Redressal Commission (DCDRC), Hyderabad while holding an e-commerce platform liable for vendor not displaying country of or.....

Tags : District Consumer Disputes Redressal Commission, Country of Origin, E-Commerce Platform

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RBI Bans Investments in ‘Non-cooperative Countries’(27.01.2017)

Reserve Bank of India (RBI) has prohibited Indian entities from making direct investments in any entity located in 'non co-operative countries and ter.....

Tags : Reserve Bank of India, Non-cooperative Countries, investments

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Madhya Pradesh High Court Refuses to Vacate Stay on Raising OBC Reservation to 27%(06.09.2021)

Madhya Pradesh High Court has refused to vacate a stay order on an ordinance seeking to increase the reservation for Other Backward Classes (OBCs) fro.....

Tags : Madhya Pradesh High Court, Raising OBC Reservation

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President Nods for Two More Bills(11.08.2016)

President has given assent to Institutes of Technology (Amendment) Bill, 2016 and National Institutes of Technology, Science Education and Research (A.....

Tags : Institutes of Technology (Amendment) Bill, 2016 , National Institutes of Technology, Science Education and Research (Amendment) Bill, 2016

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SC Extends Interim Protection From Arrest Granted To Kailash Vijayvargiya & Others In Rape Case(17.11.2021)

Supreme Court has extended the interim protection from arrest granted earlier to BJP Leader Kailash Vijayvargiya RSS member Jisnu Basu, and Pradeep Jo.....

Tags : Supreme Court, Interim protection from arrest

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Ker. HC: Reservation Under CEI (Reservation & Admission) Act Applies to IIMs(10.11.2023)

Kerala High Court has held that Indian Institute of Management (IIM), Kozhikode would have to follow the reservation policy stipulated under the Centr.....

Tags : Kerala High Court, Indian Institute of Management, Central Educational Institutions (Reservation and Admission) Act

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Supreme Court Dismisses Appeal Filed by Union Government Draging Armymen Into it(13.08.2015)

Supreme Court has dismissed an appeal filed by Union Government against an order of Delhi HC granting benefit to civilian employees in Army under Assu.....

Tags : Supreme Court , Armymen ,Assured Career Progression (ACP) scheme

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Modifications to Prudential Guidelines on Revitalising Stressed Assets(25.02.2016)

The Reserve Bank of India modified and cl.....

Tags : Prudential guidelines, stressed assets, modification

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SC: Government Cannot Deny Reservation to Person of Backward Community for Being Rich(25.08.2021)

Supreme Court has held that the government cannot deny reservation to a person belonging to a backward community solely on the ground that he or she i.....

Tags : Supreme Court, Reservation to Person of Backward Community

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SC: ED Must Furnish Ground of Arrest in Writing at the Time of Arrest(04.10.2023)

Supreme Court while observing that Directorate of Enforcement (ED) is not expected to be vindictive in its conduct, has held that it would be necessar.....

Tags : Supreme Court, Directorate of Enforcement, Arrest

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President’s Rule in Uttarakhand ends(11.05.2016)

An official Proclamation of the President of India brought an end to President’s Rule in the State of Uttarakhand, invoked on 27 March 2016.

Tags : President’s rule, uttarakhand, revoked

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Delhi High Court to AAP Government: Whether Encroachment on Forest Lands be Regularised(24.12.2019)

Delhi High Court has asked the AAP Government whether it was going to regularise the encroachment on forest lands in the national capital. The Court w.....

Tags : Delhi High Court, Forest

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RBI Allows Banks to Raise Funds Via Masala Bonds(04.11.2016)

Reserve Bank of India (RBI) has allowed banks to issue Rupee-Denominated Bonds, or Masala Bonds, in overseas market to shore up their capital base as .....

Tags : Reserve Bank of India , Masala Bonds

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High Court should not ordinarily exercise its extraordinary writ jurisdiction, if an effective and efficacious alternate remedy is available(16.03.2022)

The instant writ petition under Article 226 and 227 of the Constitution of India, 1950 has been filed on behalf of the Petitioner seeking issuance of .....

Tags : Investigation, Immediate arrest, Issuance

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NGT Raps Delhi Pollution Body for Inaction against Burning of Plastic and PVC Wires(10.06.2019)

National Green Tribunal(NGT) has rapped the Delhi Pollution Control Committee (DPCC) for not taking action against burning of plastic and PVC wires at.....

Tags : NGT, PVC Wires

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2nd International Research Conference on Insolvency and Bankruptcy being organized by IBBI from 23rd - 25th February 2023(21.02.2023)

1. The Insolvency and Bankruptcy Board of India (IBBI) in collaboration with the Indian Institute of management, Bangalore (IIMB) is organizing the se.....

Tags : International Research, Conference, Insolvency

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President of District Consumer Forum does not need High Court recommendation(05.10.2015)

Appointment as President to a District Consumer Forum does not require a recommendation from the High Court, and the selection process is governed by .....

Tags : district, consumer forum, president, district judge

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SC: Swift Rejection of Mercy Petition Cannot be Ground for Judicial Review of President’s Order(29.01.2020)

Supreme Court has held that the quick consideration of the mercy petition and swift rejection of the same cannot be a ground for judicial review of th.....

Tags : Supreme Court, Judicial Review of President's Order

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Kerala HC: Legal System Must Remain Immune from Media And Public Pressure(28.10.2022)

Kerala High Court while considering an appeal against conviction in Vismaya dowry death case, has held that legal system must be sensitive towards pub.....

Tags : Kerala High Court, Media, Public Pressure

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SC: `No Reservation in Single Vacancies'(24.09.2015)

SC has ruled that reservation for SCs, STs and OBCs would not apply in case Govt. was filling up a single post in one of its cadres. However if person.....

Tags : SC, reservation

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Gujarat High Court Rejects Congress Plea Over MLA Alpesh Thakor's Disqualification(03.07.2019)

Gujarat High Court has rejected a petition moved by the Congress seeking its direction to the assembly speaker to take a quick decision on disqualific.....

Tags : Gujarat High Court, Congress

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Customs (Waiver of Interest) Second Order, 2023(11.04.2023)

WHEREAS, the Central Board of Indirect Taxes and Customs, had by Order No. 1/2023 - Customs (N.T.) dated 06.04.2023 made the Customs (Waiver of Intere.....

Tags : Waiver, Interest, Second Order

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Delhi HC Stays Restriction that Refund Period Cannot be Spread across Two Financial Years(31.01.2020)

Delhi High Court has stayed the Paragraph 8 of Circular No. 125/44/2019-GST dated 18.11.2019 which restricted that Refund Period cannot be spread acro.....

Tags : Delhi High Court, Restriction, Refund Period

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RBI announces rate of interest on Government of India Floating Rate Bond, 2031(06.12.2023)

The rate of interest on Government of India Floating Rate Bond 2031 (FRB 2031) applicable for the half year December 07, 2023 to June 06, 2024 shall b.....

Tags : Interest, Rate, Bond 2031

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CRIMINAL - Compensate Woman for Arrest at Night: Gujarat HC to Govt(05.03.2019)

Gujarat High Court has directed state government to pay Rs. 2,500 to a woman, who was arrested after sunset, for breach of law that stipulates no such.....

Tags : Gujarat High Court, Compensate Woman for Arrest at Night

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Del. HC: Summon Must be Served at Alternate Address if Tenant is not Present on Tenanted Premise(20.12.2023)

Delhi HC while observing that summons must be shown to have been duly served upon opposite party to enable him to apply for leave to defend within the.....

Tags : Delhi HC, Summon, Tenant, Alternate Address

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RBI Permits Start-Ups to Open Currency Account Abroad(24.06.2016)

Reserve Bank of India (RBI) has allowed startups with an overseas subsidiary to open foreign currency accounts abroad to credit foreign exchange earni.....

Tags : Reserve Bank of India, startups

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Supreme Court: No IBC Provision that Resolution Plan Should Match Liquidation Value(28.01.2020)

Supreme Court has held that there is no requirement under the Insolvency and Bankruptcy Code (IBC), 2016 that the resolution plan should match the liq.....

Tags : Supreme Court, Resolution Plan Not to Match Liquidation Value

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Wrong availing of input tax credit exceeding Rs. 5 crores is a cognizable and non-bailable offence(08.02.2021)

The Petitioner has approached present Court claiming that, his arrest under the provisions of the Central Goods and Services Tax Act, 2017 ("the CGST .....

Tags : Arrest, Authorization, Legality

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SC: Stay of Investigation Can be Granted Only in The Rarest of Rare Cases(03.08.2022)

Supreme Court has held that a High Court while exercising powers under Section 482 of Code of Criminal Procedure (CrPC) can grant stay of investigatio.....

Tags : Supreme Court, Interim Stay, Rarest of Rare Case

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Disclosures and compliance requirements for Issuance and Listing of Municipal Debt Securities(24.11.2022)

1. SEBI (Issue and Listing of Municipal Debt Securities) Regulations, 2015 (ILMDS Regulations) and circulars issued thereunder, provide the framework .....

Tags : Disclosures, Compliance requirements, Green debt security

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Madras High Court Put Stay on Temple Dress Code Order(12.01.2016)

Madras HC has granted an interim stay on its order to impose a dress code for visitors to temples run by Hindu Religious and Charitable Endowments Dep.....

Tags : Madras HC, Temple Dress Code

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Adjudicating Authority would not have power to modify the Resolution Plan which the CoC in their commercial wisdom have approved(21.06.2021)

Present is an Application filed by the Resolution Professional under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 (IBC), seeking approval.....

Tags : Resolution plan, Approval, Power

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Reserve Bank of India Revises PCA Regime for UCBs Facing Financial Stress(07.01.2020)

Reserve Bank of India has decided to revise its Supervisory Action Framework to place restrictions on urban cooperative banks (UCBs) for deterioration.....

Tags : Reserve Bank of India, PCA Regime

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Section 14A of IT Act will not apply, if no exempt income is received or receivable during the relevant previous year(06.10.2022)

Present Income Tax Appeal has been filed challenging the Impugned Order passed by the Income Tax Appellate Tribunal ('ITAT') for the Assessment Year 2.....

Tags : Assessment, Expenses, Interest

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GST Revenue Figures - As on 25th September, 2017(26.09.2017)

The Goods and Services Tax (GST) was introduced on 1st of July, 2017. In the press release dated 29th August, 2017, it was reported that the total rev.....

Tags : GST, Revenue, Figures

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Delhi HC: Right to File Objection to SCN Can’t be Denied for One Day Delay in Asking for Adjournment(25.05.2022)

Delhi High Court has held that the right to file an objection to the show cause notice cannot be denied to the assessee merely because there was a del.....

Tags : Delhi High Court, Non-resident Assessee, Adjournment

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Telangana High Court Issues Notices To Congress Legislators(12.06.2019)

Telangana High Court has issued notices to 14 State Congress legislators over their merger with the ruling Telangana Rashtra Samithi in both houses of.....

Tags : Telangana High Court, Congress

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If the trustees are removed from the trust, the charges against them are to be proved very strictly(24.04.2023)

The Appellant was the President of the sansthan/trust. The Respondent No. 3, the Joint Charity Commissioner, examined the Charity Inspector as well as.....

Tags : President, Suspension, Legality

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Madras HC Acquits Depressed Engineer Who Poisoned His Son(30.03.2016)

Madras HC has acquitted an engineer who poisoned his five-year-old son to death out of “severe depression” developed after a road accident in which he.....

Tags : Madras HC, Acquits , Depressed Engineer

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SC Asks CBSE and UGC to Coordinate on Declaration of Results and Cut-offs(22.09.2020)

Supreme Court has asked Central Board for Secondary Education and University Grants Commission to coordinate on the date of declaration of the results.....

Tags : Supreme Court, Declaration of Results and Cut-offs

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Govt. relaxes operation of Sec. 10(1) r/w Sec. 14A(1) of Tobacco Board Act, 1975 in State of Andhra Pradesh for auctions during crop season 2022-2023(04.07.2023)

WHEREAS, the Central Government is satisfied that circumstances have arisen rendering it necessary in the public interest, to relax the restrictions i.....

Tags : Restriction, Provisions, Relaxation

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SERVICE - Cabinet Approves Ordinance to Bring University-Wise Reservation for Teaching Posts(08.03.2019)

Union Cabinet has approved proposal for promulgation of "The Central Educational Institutions (Reservation in Teachers' Cadre) Ordinance, 2019" to tre.....

Tags : Union Cabinet, The Central Educational Institutions (Reservation in Teachers' Cadre) Ordinance, 2019

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Investments in Alternative Investment Funds (AIFs)(19.12.2023)

1. Regulated entities (REs) make investments in units of AIFs as part of their regular investment operations. However, certain transactions of REs inv.....

Tags : Investments, AIFs, REs

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Uttarakhand High Court Stays Denotification of the Only Elephant Reserve of State(11.01.2021)

Uttarakhand High Court has stayed the denotification of the Shivalik Elephant Reserve, the only elephant reserve in the State.

Tags : Uttarakhand High Court, Denotification of Shivalik Elephant Reserve

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Delhi HC: Consent of All Parties Necessary for Physical Presence in Court(09.12.2020)

Delhi High Court has made it clear that a litigant or a lawyer cannot be asked to appear physically before the trial Court amid the Covid-19 pandemic .....

Tags : Delhi High Court, Physical Presence in Court

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P&H HC: SC Judgment in Pankaj Bansal Case Applies Retrospectively(02.11.2023)

Punjab and Haryana High Court has held that Supreme Court judgment in the case of Pankaj Bansal v. Union of India (MANU/SC/1076/2023; 2023/INSC/866) t.....

Tags : Punjab and Haryana High Court, PMLA, Arrest, Grounds

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SC Upholds the Validity of EWS Reservation in Education & Public Employment(07.11.2022)

Supreme Court has by 4:1 majority upheld the validity of the 103rd Constitutional Amendment which introduced 10% reservation for Economically Weaker S.....

Tags : Supreme Court, EWS Reservation, Constitutional

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Delhi High Court Seeks Centre Reply Over Plea Seeking to Cap Airfares(24.04.2017)

Delhi High Court has asked Central government to respond to a petition seeking capping of airfares.

Tags : Delhi High Court, Airfares

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Mad. HC Initiates Suo Moto Contempt Proceedings Against DGP & Officials Over Lawyer's Arrest in 2017(16.11.2022)

Madras High Court has initiated suo moto contempt proceedings against Director General of Police (DGP) and other police officials for prima facie flou.....

Tags : Madras High Court, DK Basu Guidelines, Arrest

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Scheme for Sustainable Structuring of Stressed Assets(13.06.2016)

The Reserve Bank of India formulated a scheme for resolution of large stressed accounts. The Scheme for Sustainable Structuring of Stressed Assets, or.....

Tags : rbi, stressed asset, resolution, sustainable, scheme

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Petroleum Minister launches SATAT initiative to promote Compressed Bio-Gas as an alternative, green transport fuel(01.10.2018)

Shri Dharmendra Pradhan, Union Minister of Petroleum and Natural Gas & Skill Development and Entrepreneurship today launched an innovative initiative .....

Tags : SATAT initiative, Launch, Compressed Bio-Gas, Promotion

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Interest earned by the assessee on surplus held with cooperative banks would be eligible for deduction under Section 80P(2)(d) of the IT Act(20.05.2022)

The Revenue is in appeal in respect of the allowability of deduction under Section 80P(2)(d) of the Income Tax Act, 1961 (IT Act) in respect of intere.....

Tags : Interest, Deduction, Eligibility

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Kerala HC: Governor Could Not Have Asked VCs to Resign(27.10.2022)

Kerala High Court while setting aside communications issued by the Chancellor asking the Vice Chancellors (VCs) of the Universities to resign has held.....

Tags : Kerala High Court, Vice Chancellors, Resign

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Restriction on storage of actual card data(23.12.2021)

1. In terms of our circular DPSS.CO.PD.No.1810/02.14.008/2019-20 dated March 17, 2020 on "Guidelines on Regulation of Payment Aggregators and Payment .....

Tags : Restriction, Storage, Card data

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SC: Structures Cannot be Re-Erected Merely Because of Procedural Violation while Demolishing them(25.10.2019)

Supreme Court has observed that illegal structures cannot be permitted to be re-erected merely because there was procedural violation while demolishin.....

Tags : SC, Structures

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Uttarakhand HC: PwD Entitled to Horizontal Reservation Cutting Across All Categories(02.08.2022)

Uttarakhand High Court while quashing advertisement issued by UKPSC, finding it to be violative of Rule 11(4) of Rights of Persons with Disability Rul.....

Tags : Uttarakhand High Court, UKPSC, Horizontal Reservation, PwD

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CRIMINAL - Kerala Actress Abduction Case: Kerala HC Allows Plea to Appoint Woman Judge to Conduct Trial(27.02.2019)

Kerala High Court has allowed plea of an actress, who has filed a sexual assault case in which Malayalam actor Dileep is one of the accused, to appoin.....

Tags : Kerela High Court, Kerala Actress Abduction Case

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Madras High Court Refuses to Interfere with Order Permitting Theatres to Operate at 100% Capacity(12.11.2021)

Madras High Court has dismissed by a writ petition filed for quashing the Government order permitting 100 per cent occupancy in cinema theatres and mu.....

Tags : Madras High Court, Government Order Permitting Theatres

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Punjab and Haryana High Court Gives Nod for Dwarka Expressway(22.03.2017)

Punjab and Haryana High Court, while paving way for completion of Dwarka Expressway, has disposed petition related to General Power of Attorney (GPA) .....

Tags : Punjab and Haryana High Court, Dwarka Expressway

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Allahabad High Court Grants Bail to Man Arrested for Allegedly Possessing 349 Kilogram of Ganja(27.10.2021)

Allahabad High Court has granted bail to a man booked under the Narcotic Drugs and Psychotropic Substances Act, 1985 (NDPS Act) from whose possession .....

Tags : Allahabad High Court, Man Arrested for Allegedly Possessing 349 Kilogram of Ganja

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Reserve Bank of India Issues Directions for Permitting Rupee Derivatives to be Traded in IFSCs(24.01.2020)

Reserve Bank of India has released directions under Section 45 W of the Reserve Bank of India Act, 1934 permitting Rupee derivatives to be traded in I.....

Tags : Reserve Bank of India, Trading of Rupee Derivatives in IFSCs

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Centre Tells SC: No direction Can be Issued to Parliament to Frame UCC(19.10.2022)

Law Ministry has told the Supreme Court that the court cannot direct Parliament to frame or enact any law, as it sought dismissal of Public Interest L.....

Tags : Law Ministry, Public Interest Litigation, Uniform Civil Code

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Calcutta HC Directs State for Setting Up Grievance Redressal Forum u/s 11 of Transgender Act, 2019(16.02.2021)

Calcutta High Court has directed the Chief Secretary of the West Bengal State to take immediate steps to set up a Grievance Redressal Forum and Mechan.....

Tags : Calcutta High Court, Grievance Redressal Forum

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Calcutta High Court Asks Reserve Bank of India to Act Against Bank of Baroda(17.02.2020)

Calcutta High Court has asked the Reserve Bank of India to consider “appropriate steps” against the Bank of Baroda, including cancelling its banking l.....

Tags : Calcutta High Court, Reserve Bank of India, Bank of Baroda

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Bombay HC: Assessee Required to Pay Interest Where Advance Tax Paid Less Than 75%(29.12.2021)

Bombay High Court has held that the assessee is required to pay interest where advance tax paid is less than 75% of the assessed tax in case against B.....

Tags : Bombay High Court, Interest on Advance Tax

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ITAT, Ahmedabad: No Disallowance for Interest Expenses if Investment to Acquire Control(03.02.2022)

Income Tax Appellate Tribunal (ITAT), Ahmedabad has held that no disallowance can be made for interest expenses if the investment was made to acquire .....

Tags : Income Tax Appellate Tribunal, No Disallowance for Interest Expenses

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Jammu and Kashmir High Court Directs Fresh Trial in a Rape Case(30.12.2015)

Jammu and Kashmir High Court has ordered fresh trial of a case wherein trial court had acquitted an accused of rape charges after ignoring the victim’.....

Tags : Jammu and Kashmir High Court ,Fresh Trial in Rape Case

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'Grievance Resolution between listed entities and proxy advisers' - Extension of timeline for implementation(27.08.2020)

1. SEBI had issued 'Procedural Guidelines for Proxy Advisors' vide Circular No. SEBI/HO/IMD/DF1/CIR/P/2020/147 dated August 03, 2020. Further, SEBI ha.....

Tags : Grievance Resolution, listed entities, Extension, Timeline

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Delhi HC: GST Dept Can’t Issue Fresh Notice during Pendency of Same Cause of Action(23.06.2022)

Delhi High Court has held that the Goods and Services Tax (GST) department cannot issue a fresh notice during the pendency of the proceedings under Se.....

Tags : Delhi High Court, GST Department, Fresh Notice

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Constitutionality of Food Safety and Standards Act, 2006 upheld(16.09.2015)

The Bombay High Court summarised its position on the constitutionality and vires of the Food Safety and Standards Act, 2006 as thus: “…if preventing f.....

Tags : Food safety, constitutionality, public interest

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NGT Directs Delhi Chief Secretary to Furnish Report on Enhancement of Forest Department Staff(05.07.2019)

National Green Tribunal (NGT) has directed the Delhi chief secretary to furnish a status report about compliance of its order to enhance the Forest De.....

Tags : NGT, Forest Department Staff

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SC Proposes to Constitute Grievance Redressal Committees to Avert Situations of Advocates’ Strikes(18.04.2023)

Supreme Court has proposed constitution of grievances redressal committees in every High Courts consisting of Chief Justice of every High Court along .....

Tags : Supreme Court, Grievance Redressal Committees, Advocates’ Strike

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Direct Tax Dispute Resolution and Equalisation Levy effective 1 June 2016(31.05.2016)

The Direct Tax Dispute Resolution Scheme 2016 under Chapter X of the Finance Act 2016 came into effect on 1 June 2016. Declarations in respect of tax .....

Tags : direct tax, dispute resolution, equalisation levy, finance act, 2016

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President Gives Assent to Citizenship (Amendment) Bill, 2019(13.12.2019)

President has given assent to the Citizenship (Amendment) Bill, 2019 and it has now become an Act. According to the Act, members of Hindu, Sikh, Buddh.....

Tags : President, Citizenship

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Power of Arbitral Tribunal to pass appropriate orders of interim measures is not eclipsed simply on account of any application being filed under Section 13 of Arbitration Act(14.08.2023)

Present application has been filed seeking setting aside of the order and restoration of appeal.It is submitted that during the pendency of the applic.....

Tags : Arbitral Tribunal, Powers, Interim Measures

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Supreme Court Issues Contempt Notice to Assam Public Works President(14.09.2017)

Supreme Court has issued a contempt notice to Assam Public Works (APW) President Aabhijeet Sarmah, rapping him for “disclosing information” regarding .....

Tags : Supreme Court, Assam Public Works President

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Once the resolution plan is finalized then all the claims get extinguished(28.02.2023)

Case set up by the Appellant is that, he had purchased an immovable property from Narendra Solves Pvt. Ltd. vide sale deed dated 18th February, 2015 a.....

Tags : Resolution plan, Approval, Claim

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NCDRC Orders Testing of 13 Samples of Maggie Noodles(16.10.2015)

National Consumer Dispute Redressal Commission (NCDRC) has ordered 13 samples of Nestle India’s Maggi instant noodles to be sent to a government-run .....

Tags : National Consumer Dispute Redressal Commission, Maggie Noodles

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Clarification on passing of ordinary and special resolutions by companies under the Companies Act, 2013 read with rules made thereunder on account of Covid-19-Extension of time(15.06.2020)

This Ministry has issued General Circular No. 14/2020 on 8th April, 2020 and General Circular No. 17/2020 on 13th April, 2020 for providing clarificat.....

Tags : Clarification, Resolutions, Covid-19-Extension of time

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Kar HC: PIL Seeking Direction for Government Correspondence to be Done in Kannada Language, Rejected(28.06.2024)

Karnataka High Court has refused to entertain a Public Interest Litigation (PIL) that sought direction on the State Government to use Kannada language.....

Tags : Karnataka High Court, Public Interest Litigation, Kannada Language

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Karnataka HC: Physical Presence of Parties is Not Needed for Compromise Petition(13.07.2020)

Karnataka High Court has held that it is perfectly lawful for the Courts to record the compromise on the basis of the compromise Petitions duly signed.....

Tags : Karnataka High Court, Presence of Parties, Compromise Petitions

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Statute provides for mandatory payment of interest and there is no discretionary power with the Revenue Authority in the matter of interest(25.05.2022)

The issue involved in present appeal is whether the Commissioner (Appeals) has rightly rejected the claim of interest, on the grant of belated refunds.....

Tags : Refund, Interest, Entitlement

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Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit-Extension(12.04.2021)

1. Please refer to the instructions issued vide DBR.Dir.BC.No.69/04.02.001/2019-20 dated May 13, 2020.

2. In this connection, Government of .....

Tags : Interest Equalization, Scheme, Extension

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Notification regarding new technology to strengthen SEBI Complaint Redressal System for Investors(01.04.2024)

In its continuous pursuit of protection of interests of investors in the securities market, SEBI has launched the new version of the SEBI Complaint Re.....

Tags : New technology, Complaint Redressal System, Investors

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NGT Gives Nod to Delhi-Merut Expressway(30.11.2016)

National Green Tribunal (NGT) has granted permission to NHAI to build a bridge and approach roads over Yamuna River for Delhi-Meerut Expressway noting.....

Tags : National Green Tribunal, Yamuna River, Delhi-Merut Expressway

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Relaxation from default recognition due to restructuring of debt(31.08.2020)

1. CRAs recognize default based on the guidance issued vide SEBI circulars dated May 3, 2010 and November 1, 2016. Further, SEBI vide circular dated M.....

Tags : Relaxation, Default recognition, Restructuring of debt

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Kar. HC: Decision of SC Would Not Upset the Earlier Judgments of Competent Court(26.07.2023)

Karnataka High Court has observed that the law laid down by the Apex Court is not binding on judgments passed prior to it by the competent courts and .....

Tags : Karnataka High Court, Apex Court, Judgment, Res Judicata

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Modi Government Notifies Rules for Land Acquisition Bill 2013(21.12.2015)

Modi Government has notified rules for Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act 2013, pass.....

Tags : Modi Government, Land Acquisition, Rehabilitation and Resettlement Act 2013

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SC Refuses to Stay NLSIU's 25% Reservation for Karnataka Students in 2021-22 Admissions(02.07.2021)

Supreme Court has refused to stay the revised admission notification issued by the National Law School of India University (NLSIU), Bengaluru, providi.....

Tags : Supreme Court, NLSIU's 25% Reservation for Karnataka Students

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Courts are not supposed to grant interest on interest except where it has been specifically provided under the statute(07.08.2024)

The sole issue before present Court is whether interest is payable on interest or whether 15% interest per annum awarded would be on the principal sum.....

Tags : Interest, Award, Power

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RBI Says ‘Banks Can Accept Coloured Notes’ Appeals to Avoid Dirtying Them(10.03.2017)

Reserve Bank of India has clarified that banks can accept colour-stained notes amid messages circulating on WhatsApp that public sector banks have bee.....

Tags : Reserve Bank of India, Coloured Notes

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Review of inclusion of Historical Scenarios in Stress Testing in Commodity Derivatives Segment(21.12.2020)

1. SEBI vide Circular SEBI/HO/CDMRD/DRMP/CIR/P/2018/111 dated July 11, 2018 and SEBI/HO/CDMRD/DRMP/CIR/P/2020/128 dated July 21, 2020, inter alia, had.....

Tags : Inclusion, Historical Scenarios, Stress Testing in

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NGT Issues Notice over Unauthorized Structures on Green Belt in Gaziabad(24.09.2015)

NGT on plea seeking demolition of unauthorized structures located on green belts in Gaziabad, has issued notice to Ministry of Environment and Forests.....

Tags : NGT ,Ministry of Environment and Forests (MoEF), UP Govt., Ghaziabad Development Authority (GDA), UP State Industrial Development Corporation (UPSIDC)

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NCLAT Decides to Close Umang Realtech Insolvency Resolution Process(19.02.2020)

National Company Law Appellate Tribunal has decided to close the corporate insolvency resolution process against Umang Realtech if the company manages.....

Tags : National Company Law Appellate Tribunal, Umang Realtech Insolvency Resolution Process

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Measures to ease the hardship faced by Small Licensees/ Vendors on Platforms(21.12.2022)

Indian Railways have taken various measures to ease the hardship faced by small licensees/ vendors, which are as under:

(i). The period for .....

Tags : Measures, Hardship, Small Licensees/ Vendors

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RBI to Banks: Pay Interest on Savings Account Every Quarter(16.03.2016)

Reserve Bank of India (RBI) has asked banks to pay interest on their customers’ savings accounts on a quarterly basis or shorter duration.

Tags : Reserve Bank of India, savings accounts

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NCLT Directs Police Assistance to Resolution Professional After Corporate Debtor Hinders CIRP(30.01.2019)

National Company Law Tribunal has directed Police Commissioner, Ahmedabad to provide police assistance to a resolution professional who complained abo.....

Tags : NCLT, Police Assistance to Resolution Professional

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G20 document prepared by World Bank highlights India’s progress in Digital Public Infrastructure(08.09.2023)

Digital Public Infrastructure (DPI) has had a transformative impact on India, extending far beyond inclusive finance. The G20 Global Partnership for F.....

Tags : G20 document, DPI, Progress

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RBI Maintains Status Quo, Keeps REPO Rate Unchanged at 6.25%(07.06.2017)

Reserve Bank of India (RBI) has held on to policy rate at 6.25 percent in its monetary policy review on June 7, 2017, the second bi-monthly review for.....

Tags : Reserve Bank of India, REPO Rate

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Karnataka HC Issues Notice on Plea Challenging Travel Restrictions at Kerala Border(26.02.2021)

Karnataka High Court has issued notice to the Union Government and State government on a Public Interest Litigation challenging the restrictions on th.....

Tags : Karnataka High Court, Travel Restrictions at Kerala Border

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Guidelines for returning of draft offer document and its resubmission(06.02.2024)

1. Adequate disclosures by the issuer and timely processing of offer documents are important for the vibrancy of the primary market. It is imperative .....

Tags : Guidelines, Draft offer document, Resubmission

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SC: Police Presence During Test Identification Makes Statements Fall Within Ban of S. 162 CrPC(30.10.2020)

Supreme Court has held that when the Test identification parades are held in police presence, the resultant communications tantamount to statements ma.....

Tags : Supreme Court, Police Presence During Test Identification

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ITAT: Decision Taken by Authorities in Previous Year Would Not Operate as Res Judicata(04.08.2022)

Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench has held that decision taken by authorities in previous year would not operate as res judicata f.....

Tags : ITAT, Res Judicata, Previous Decision

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RBI Issues Shareholding Norms for Private Sector Banks(13.05.2016)

Reserve Bank of India (RBI) has issued new guidelines on ownership in private sector banks by bundling shareholding patterns into two broad categories.....

Tags : Reserve Bank of India, Private Sector Banks

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CONSTITUTION - Cabinet Gives Nod for 10% EWS quota in Jammu & Kashmir(01.03.2019)

Union Cabinet has given nod to government order that will extend benefit of promotion to Dalits and tribals as well as implementation of 10% quota to .....

Tags : 10% EWS quota, Jammu & Kashmir, J&K Reservation (Amendment) Ordinance, 2019

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Kerala HC Extends Stay on Transfer of Sessions Judge Who Passed 'Provocative Dress' Order(26.09.2022)

Kerala High Court has extended its stay on the transfer of Principle District and Sessions Judge, Kozhikode, S. Krishna Kumar, who had passed the cont.....

Tags : Kerala High Court, Transfer, Provocative Dress

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Supreme Court Asks J & K Administration to Review All Restrictive Orders Within Seven Days(10.01.2020)

Supreme Court has directed the Jammu and Kashmir Administration to review all orders of restrictions imposed in Jammu and Kashmir after the abrogation.....

Tags : Supreme Court, Restrictive Orders

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Police officer needs to record his reasons in writing while making the arrest(18.06.2024)

By present application, the applicant is seeking pre-arrest bail in connection with Crime registered with Police Station for the offence punishable un.....

Tags : Pre-arrest bail, Grant, Condition

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Chhattisgarh HC: Accommodation U/S 2 of Chhattisgarh Rent Control Act Includes Superstructures(23.12.2022)

Chhattisgarh High Court has held that a superstructure is included in the definition of 'accommodation' given under Section 2(1) of the Chhattisgarh R.....

Tags : Chhattisgarh High Court, Accommodation, Rent Control Act, Superstructures

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Restraining of Unauthorized Payment System(15.02.2024)

1. It has come to the notice of Reserve Bank of India that a Card Network had an arrangement that enables businesses to make card payments through cer.....

Tags : Restraining, Unauthorized, Payment System

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NCLAT Asks Sole bidder for Jyoti Structures to Revise Resolution Plan(30.11.2018)

National Company Law Appellate Tribunal has ordered the only bidder for Mumbai-based infrastructure EPC company Jyoti Structures Ltd. to revise its re.....

Tags : NCLAT, Jyoti Structures

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SC: Wish of Child is Different from Best Interest of Child(01.08.2022)

Supreme Court while allowing father’s plea seeking child custody has held that the question of 'what is the wish/desire' of the child is different and.....

Tags : Supreme Court, Child Custody, Wish, Best Interest

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Madras High Court Dismisses PIL Seeking 100% Occupancy in Cinema Theatres(09.11.2021)

Madras High Court has dismissed a public interest litigation petition which challenged the State government’s recent nod for 100% occupancy in cinema .....

Tags : Madras High Court, 100% Occupancy in Cinema Theatres

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Iraqi Supreme Court Rejects Appeal to Cancel Election Results(28.05.2018)

Iraq’s Federal Supreme Court has rejected a request to cancel the country's parliamentary election results over allegations of voter rigging and fraud.....

Tags : Iraqi Supreme Court, Election Results

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SC: Residuary Jurisdiction of NCLT Cannot be Invoked to Adjudicate Contractual Dispute(24.11.2021)

Supreme Court has observed that the residuary jurisdiction of the National Company Law Tribunal cannot be invoked to adjudicate contractual dispute if.....

Tags : Supreme Court, Residuary Jurisdiction of NCLT

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Lok Sabha Passes Bill Seeking Expeditious Recovery of Bad Loans by Banks(02.08.2016)

Lok Sabha has passed the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016, which provid.....

Tags : Lok Sabha, Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016

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Bombay High Court to State: Don’t Take Punitive Actions Against Resident Doctors(24.03.2017)

Bombay High Court has directed State and BMC not to take any punitive action against resident doctors who were on mass leave if they resume and asked .....

Tags : Bombay High Court , Resident Doctors

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SC Clarifies Insistence on Producing RT-PCR Result Not Restriction on Movement of Citizens(01.11.2021)

Supreme Court has clarified that insistence by a State Government on negative RT-PCR results, for public health reasons, from people travelling in fr.....

Tags : Supreme Court, Producing RT-PCR Result

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Madras High Court: Police Cannot Barge into Courtrooms to Make Arrests(26.06.2018)

Madras High Court has taken serious note of arrests being made by the police from court rooms, at the cost of disrupting court proceedings.

Tags : Madras High Court, Arrests

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Allahabad HC Issues Direction to Ensure Compliance of Safeguards from Arbitrary Arrest(01.02.2021)

Allahabad High Court has directed the Police authorities to desist from making automatic/ routine arrests, especially in dowry cases, and strictly com.....

Tags : Allahabad High Court, Arbitrary Arrest in Dowry Cases

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Calcutta HC: Father Has No Fundamental Right to Collect Preserved Sperm of Deceased Son(20.01.2021)

Calcutta High Court has dismissed a petition wherein the Petitioner (father), on the basis of his parental relationship with the deceased, sought perm.....

Tags : Calcutta High Court, Right to Collect Preserved Sperm of Deceased Son

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Open Eastern Expressway for Public if PM is Not free: Supreme Court(10.05.2018)

Supreme Court has ordered the National Highways Authority of India (NHAI) to ensure that the Eastern Peripheral Expressway is inaugurated on or before.....

Tags : Supreme Court, Eastern Peripheral Expressway

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Supreme Court: Waiver of Interest Can Be Treated As Income Accruing to Assessee(13.04.2017)

Supreme Court has held that to ascertain actual accumulated loses to be set off in hands of assesssee, first adjust income that is accruing to it on a.....

Tags : Supreme Court, Waiver of Interest

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Rajasthan HC Issues Notice on Plea on Eviction Order Served to Adarsh Colony Residents(05.02.2021)

Rajasthan High Court has issued a notice to UDH secretary, commissioner housing board, land acquisition officer, housing board and others on a petitio.....

Tags : Rajasthan High Court, Adarsh Colony Residents

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Mere reflection of demand on e-filing portal does not absolve Revenue from properly serving the intimation and demand notice(04.01.2024)

In present case, the assessee is a resident corporate entity. The core issue arising for consideration is relating to chargeability of interest under .....

Tags : Assessment, Interest, Legality

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ITAT, Kolkata: Disallowance of Deduction of Interest Income Should be Restricted to Net Interest(08.05.2020)

Income Tax Appellate Tribunal (ITAT), Kolkata has held that disallowance of deduction under Section 80IB(10) of the Income Tax Act, 1961 in respect of.....

Tags : Income Tax Appellate Tribunal, Disallowance of Deduction of Interest Income

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No police officer shall detain in custody a person arrested without warrant for a longer period(03.04.2023)

The Petitioners have filed present Petition under Article 226 of the Constitution of India for their release from custody in CR registered with Malaba.....

Tags : Arrest, Provisions, Compliance

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Allahabad High Court: Benefits of Reservation Cannot be Provided in Promotions(21.08.2017)

Allahabad High Court has reiterated that benefit of reservation cannot be provided in promotions, if there are less than five sanctioned posts availab.....

Tags : Allahabad High Court, Reservation

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Rajasthan HC: Land Reserved for Public Park Not to be Allowed for Commercial Purposes(18.01.2022)

Rajasthan High Court has ruled that land reserved for the public park in question shall not be allowed for commercial purposes like marriages/ parties.....

Tags : Rajasthan High Court, Land Reserved for Public Park

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Recovery of interest on delayed period even though claimed after taking possession is maintainable(14.03.2019)

In facts of present case, Appellant-allottee has challenged the final order passed by Learned Member and Adjudicating Officer of MahaRERA Authority in.....

Tags : Delayed possession, Interest, Entitlement

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All HC: Guarantor’s Liability Doesn’t Absolve by Itself Upon Approval of Resolution Plan(16.01.2023)

Allahabad High Court has held that approval of a resolution plan under Section 31 of the IBC, does not ipso facto absolve the surety/guarantor of the .....

Tags : Allahabad High Court, Corporate Debtor, Guarantor’s Liability, Resolution Plan

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SC Notices Centre over Plea Seeking Disqualification of Convicted Representatives(08.11.2016)

Supreme Court has issued a notice to Centre in a plea seeking disqualification of Elected Representatives by Election Commission of India upon convict.....

Tags : Supreme Court, Elected Representatives, disqualification, conviction

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Karnataka HC Directs State to Issue Orders to Provide Covid Test Results Within 24 Hours(19.04.2021)

Karnataka High Court has directed the State Government to issue appropriate orders to all recognised laboratories to provide test results to patients .....

Tags : Karnataka High Court, Orders to Provide Covid Test Results

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Del HC: Delhi Govt. Directed to Implement Immediate Measures to Optimize Med. Resources in Hospitals(19.04.2024)

Delhi High Court has issued directions to the Secretary and Principal Health Secretary of the Delhi Government to implement immediate measures to be t.....

Tags : Delhi High Court, Medical Resources, Delhi Government, Government Hospitals

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Conducting press conference raising defamatory allegations against spouse amounts to mental cruelty(11.02.2015)

The Court held that the wife's actions of conducting a press conference raising defamatory allegations against her husband amounted to mental cruelty......

Tags : divorce, mental cruelty, press conference

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Delhi HC Sets Aside Order Restraining E-Commerce Platforms from Selling Amway & Other DSE’s Products(03.02.2020)

Delhi High Court has overruled the judgment by a single-Judge of the High Court, whereby Amazon was injuncted from selling the goods of Amway, in term.....

Tags : Delhi High Court, Restrain on E-Commerce Platforms

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Bom HC: Wife Entitled to Maintenance of Marriage Due to Misrepresentation that Husband is Divorced(18.12.2023)

Bombay High Court while observing that a husband can’t be allowed to deny maintenance claim to a woman by taking advantage of his own wrong, has held .....

Tags : Bombay High Court, Maintenance, Misrepresentation

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Operational guidelines for transfer and dematerialization of re-lodged physical shares(02.12.2020)

1. SEBI, vide circular no. SEBI/HO/MIRSD/RTAMB/CIR/P/2020/166 dated September 07, 2020, has fixed March 31, 2021 as the cut-off date for re-lodgment o.....

Tags : Operational guidelines, Transfer, Shares

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Kerala HC Stays Order on Prospective Application of Notification Raising Threshold for Insolvency(14.12.2020)

Kerala High Court has stayed the order of the National Company Law Tribunal (NCLT) Kochi which held that the notification raising the threshold limit .....

Tags : Kerala High Court, Notification Raising Threshold for Insolvency

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Registrar of Companies can restore the name of the Company in its Register, if it is just and equitable(30.10.2023)

The present appeal has been filed by Sanjay Goel and Sachin Goel, the Shareholders and directors of Chazer Footcare private limited ("Company") under .....

Tags : Name, Restoration, Registration

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Consumer Forum, Kolkata Directs VLCC to Compensate Client who Sustained Burn Injuries(20.01.2020)

District Consumer Disputes Redressal Commission, Kolkata has directed beauty clinic Vandana Luthra Curls and Curves to compensate a client who sustain.....

Tags : Kolkata District Consumer Disputes Redressal Commission, Vandana Luthra Curls and Curves

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If there is a specific contract between the parties that proscribes award of interest, award of pre-reference interest would be impermissible(20.12.2021)

The Petitioner (the 'Railway') has filed the present petition under Section 34 of the Arbitration and Conciliation Act, 1996 ('A and C Act') impugning.....

Tags : Award, Interest, Validity

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RBI Notifies P2P Lending Platforms as NBFCs(21.09.2017)

Reserve Bank of India has notified that Peer-to-Peer (P2P) lending platforms will fall under the ambit of a Non-Banking Financial Company (NBFC).

Tags : Reserve Bank of India, Non-Banking Financial Company

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A party who had been deprived of the use of his or her capital for a period of time has suffered a loss and did not need to establish special proof of his or her damages(19.05.2022)

The appeal was about two companies, namely Houtbosplaas (Pty) Ltd (Houtbosplaas) and TBS Alpha Beleggings (Pty) Ltd (TBS Alpha) suing their erstwhile .....

Tags : Payment, Funds, Interest

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Delhi High Court Directs Police Not to Harass Restaurant Owners Unnecessarily(22.10.2021)

Delhi High Court has directed the city police not to harass owners of restaurants and bars that serve herbal hukkahs. The Court has however permitted .....

Tags : Delhi High Court, Harassment of Restaurant Owners

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President Gives Assent to Recovery Laws(19.08.2016)

President has given assent to the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016.

Tags : President, Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016

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Nirbhaya Case: President Rejects Mercy Petition of Convict Akshay Kumar Singh(06.02.2020)

President Ram Nath Kovind has rejected the mercy petition of Akshay Kumar Singh, one of the four men facing the gallows in the 2012 Nirbhaya gang rape.....

Tags : Nirbhaya Case, President, Mercy Petition

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Supreme Court Issues Notice on Plea to Introduce Population Control Measures Such as 'Two Child Norm’(13.01.2020)

Supreme Court has issued notice on a petition filed for seeking directions to the Central Government to take appropriate steps, including introduction.....

Tags : Supreme Court, Population Measures

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SC: Custody Under Section 27 of the Indian Evidence Act Does not Mean Formal Custody(04.01.2024)

Supreme Court while observing that the expression “person accused of an offence” and “in the custody of a police officer” in Section 27 of the Evidenc.....

Tags : Supreme Court, Arrested, Custody, Surveillance

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Bombay HC: Investors in Illegal Structures Project Can be Prosecuted(13.04.2017)

Bombay High Court has said that an investor in a construction firm that builds illegal structures is liable to face criminal prosecution.

Tags : Bombay High Court, Illegal Structures

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SERVICE - SC Refuses to Review Decision to Apply Subject-Wise Reservation in Teaching Posts(28.02.2019)

Supreme Court has Dismissed review petitions filed by University Grants Commission and Central Government and confirmed its decision that reservations.....

Tags : Supreme Court, Subject-Wise Reservation in Teaching Posts

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Allahabad High Court Orders Protection for Married Woman Residing With a Man(15.11.2021)

Allahabad High Court has directed the police authorities especially the Superintendent of Police, Gonda to protect the life and liberty of a married w.....

Tags : Allahabad High Court, Protection for Married Woman Residing With a Man

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Reserve Bank of India Permits Banks to Trade in Forex Outside of Market Hours(07.01.2020)

Reserve Bank of India has said that it has permitted category–I banks to offer foreign exchange prices to users at all times, out of their Indian book.....

Tags : Reserve Bank of India, Forex

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Kerala HC Dismisses Air India Express Pilots' Plea Seeking Re-Engagement After Retirement(10.10.2022)

Kerala High Court while dismissing plea of 3 retired pilots seeking re-engagement with Air India Express Ltd, has held that Air India subsidiary is no.....

Tags : Kerala High Court, Re-engagement, Air India Express

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Delhi HC Seeks Govt Response Over Foreign Funding to BJP, Congress(22.03.2017)

Delhi High Court has sought response from Central Government on a contempt plea that alleged that government had failed to act against Congress and BJ.....

Tags : Delhi High Court, BJP, Congress

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SC: Arbitrator Has Substantial Discretion in Awarding Interest u/s 31 (7) (a) Arbitration Act(28.10.2021)

Supreme Court has observed that an Arbitrator has substantial discretion in awarding interest under Section 31(7)(c) of the Arbitration and Conciliati.....

Tags : Supreme Court, Discretion in Awarding Interest

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SC Directs NRI Man to Make Representation in Plea Seeking Maintenance of 'Non-Resident Status'(10.02.2021)

Supreme Court has directed a representation to be made to the Central Board of Direct Taxes regarding reliefs to be granted to Non Resident Indians in.....

Tags : Supreme Court, Maintenance Of 'Non-Resident Status'

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Cal. HC: Govt. Has Discretion to Decide Mode & Manner of Giving Reservation to PwD(01.12.2022)

Calcutta High Court has held that Section 32 of Rights of Persons with Disabilities Act, 2016 confers discretion upon Government to decide the mode an.....

Tags : Calcutta High Court, Benchmark Disability, Reservation

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MP HC: Contempt Notice Served by Husband’s Father, Lawyer at Wife’s House Not Criminal Trespass(14.02.2024)

MP HC has held that father-in-law serving the notice directly at the house of the daughter-in-law can’t be said to have been tainted with any mala fid.....

Tags : Madhya Pradesh High Court, Contempt Notice, Criminal Trespass

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Kerala HC Reverses Single Bench Judgment on Establishment of Toddy Shop in Residential Locality(10.01.2022)

Kerala High Court has reversed a Single Bench judgment that held that establishing a toddy shop in a residential locality would be in derogation of th.....

Tags : Kerala High Court, Establishment of Toddy Shop in Residential Locality

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ESIC Raises Wage Threshold to Rs. 21,000(07.09.2016)

Employees' State Insurance Corporation (ESIC) has raised monthly wage threshold to Rs 21,000, from the current Rs 15,000, for coverage under its healt.....

Tags : ESIC, Wage Threshold

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P&H HC: Arrest of Accused Not Automatic on Registration of FIR(30.10.2020)

Punjab and Haryana High Court has reiterated that even though registration of First Information Report is mandatory when a complaint discloses commiss.....

Tags : Punjab and Haryana High Court, Arrest of Accused

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Kerala HC: S.113B of Evidence Act Casts Reverse Burden on Accused to Disprove Prosecution Case(04.08.2022)

Kerala High Court has held that in dowry death cases, Section 113B of the Indian Evidence Act casts a reverse burden on the accused to disprove he pro.....

Tags : Kerala High Court, Dowry Death, Evidence, Presumption

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NCDRC Imposes Penalty on Jaypee Group(10.05.2016)

National Consumer Disputes Redressal Commission (NCDRC) has ordered Jaypee Group to pay 12% annual penalty to home buyers in Kalypso Court project in.....

Tags : National Consumer Disputes Redressal Commission, Jaypee Group

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CUSTOMS - Prosecution Under Customs Act Not Barred in Regard to Art Treasures: SC(28.02.2019)

Supreme Court has held that prosecution under Sections 132 and 135(1)(a) of the Customs Act, 1962, is not barred in regard to the antiquities or art t.....

Tags : Kerala High Court, Customs Act, Antiquities, Art Treasures.

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Delhi HC Stays CCPA’s Order Asking Amazon to Recall Items And Reimburse Customers(21.09.2022)

Delhi High Court has stayed an order passed by Central Consumer Protection Authority (CCPA) asking Amazon to recall the domestic pressure cookers that.....

Tags : Delhi High Court, CCPA, Amazon, Pressure Cooker

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Kerala High Court: Presumption Under Section 139 NI Act, 1881 Applies to Guarantor Cheques Also(09.01.2020)

Kerala High Court has held that the presumption under Section 139 of Negotiable Instruments Act, 1881(NI Act, 1881) applies even to a cheque issued by.....

Tags : Kerala High Court, Presumption

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Guidelines for Relief Measures by Banks in Areas Affected by Natural Calamities(21.08.2015)

The Reserve Bank of India released guidelines based on a Central government notification reducing the criteria of crop loss from 50 per cent to 33 per.....

Tags : Rbi, relief, farmers, loan, reschedule, crops

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If Refund is delayed by three months after filling Application for Refund, claimant becomes eligible to get interest(01.04.2021)

The Appellant has filed present Appeal against the impugned order-in-appeal passed by the Commissioner (Appeals), CGST and Central Excise, wherein SAD.....

Tags : Refund, Interest, Entitlement

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Bombay HC Upholds CIC Order Directing UoI To Furnish BARC Employee’s APAR(07.07.2017)

Bombay High Court has directed Centre to furnish complete Annual Appraisal Reports (APAR) of an employee at Bhabha Atomic Research Centre (BARC) for t.....

Tags : Bombay High Court, Bhabha Atomic Research Centre

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A maintenance order had the same legal consequences which flowed from an order made in a civil action(21.01.2022)

The appeal stemmed from the judgment of the High Court, the court made a declaratory order to the effect that the maintenance obligations contained in.....

Tags : Maintenance order, Prescription Act, Applicability

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SC asks BJP to exit state right(13.07.2016)

The Supreme Court concluded the proceedings of the Governor of Arunachal Pradesh during the 6th session of the State’s Legislative Assembly to be in v.....

Tags : arunachal pradesh, president’s rule, unconstitutional, disqualification

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Delhi HC Directs Government and Police to Ensure Security at North East Delhi Board Exam Centres(02.03.2020)

Delhi High Court has ordered the Aam Aadmi Party Government and Delhi Police to make full-proof security arrangement at board exam centres in North-Ea.....

Tags : Delhi High Court, Board Exam Centres

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Ker. HC: UGC Regulations Don’t Require Chancellor's Nominee in Selection Committee for Universities(15.12.2022)

Kerala High Court while staying a Single bench order directing to include Chancellor's representative in Search Committee for appointment of VC of APJ.....

Tags : Kerala High Court, APJ Abdul Kalam Technological University, Chancellor's Representative

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Central Board of Direct Taxes amends the Income-tax Rules, 1962 for faster resolution of disputes in terms of tax treaties(06.05.2020)

The Central Board of Direct Taxes amends the Income-tax Rules, 1962 aiming to speed-up dispute resolution and settle cases of multinational corporatio.....

Tags : Rules, Amendment, Dispute resolution

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Ker. HC: Construction of Illegal Religious Structures Cannot be Permitted on Government Land(30.05.2024)

Ker HC has observed that construction of illegal religious structures cannot be permitted on government land as it will create religious disharmony. I.....

Tags : Kerala High Court, Illegal Religious Structures, Government Land

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NCLT Dismisses Mistry's Plea Alleging Mismanagement, Minority Oppression at Tata Sons(24.04.2017)

National Company Law Tribunal, while dismissing Cyrus Mistry petition that alleged mismanagement and minority shareholder oppression at Tata Sons, has.....

Tags : National Company Law Tribunal, Mismanagement, Minority Oppression, TATA

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Section 220(2) of IT Act does not empower the revenue to demand interest relating back to a set aside order, when a fresh assessment order has been passed thereafter(17.11.2022)

The Assessee is engaged in the business of network design, management, communication, connectivity services and related products. The Assessee filed i.....

Tags : Interest, Deletion, Legality

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Resolution plan for Jyoti Structures Cleared: SC(16.04.2019)

Supreme Court has cleared Rs. 4,000 crore resolution plan by Sharad Sanghi and others for Jyoti Structures.

Tags : Supreme Court, Jyoti Structures

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SC: Only Consumer Has Right to Make Representation Before Electricity Ombudsman(10.12.2021)

Supreme Court has observed that only Consumers and not Distribution Licensee have a right to make representation before the Electricity Ombudsman in a.....

Tags : Supreme Court, Right to Make Representation Before Electricity Ombudsman

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Reserve Bank of India Cancels Vodafone’s Certificate of Authorization for M- Pesa(22.01.2020)

Reserve Bank of India has said that it has cancelled the Certificate of Authorization of Vodafone M- Pesa on account of voluntary surrender of authori.....

Tags : Reserve Bank of India, Vodafone

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Madras HC: Third Gender Candidates Entitled To Special Reservation(14.10.2022)

Madras High Court has directed the state Health and Family Welfare Department and Directorate of Medical Education to provide special reservation to t.....

Tags : Madras High Court, Education, special reservation

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Insurer is liable to pay interest in case of delay beyond the timeline prescribed in Regulation(04.04.2019)

Present Petition under Article 226 of the Constitution of India, seeks a writ of mandamus to Respondent No. 1- Life Insurance Corporation of India (LI.....

Tags : LIC Policy, Payment, Delay, Interest

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Supreme Court Issues Notice on Petition Alleging Discrepancies in NEET-PG 2021 Scores(20.12.2021)

Supreme Court has issued notice on a petition alleging serious instances of discrepancies in the scores for NEET-PG 2021 and to further bring to the n.....

Tags : Supreme Court, Discrepancies in NEET-PG 2021 Scores

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SC: Rebuttal of Presumption u/s 139 NI Act Can Only be Done After Adducing Evidence(24.02.2020)

Supreme Court has observed that the rebuttal of presumption available under Section 139 of the Negotiable Instruments Act, 1881 can only be done after.....

Tags : Supreme Court, Rebuttal of Presumption u/s 139 NI Act

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Late submission of OBC certificate to not be overlooked in ‘pedantic’ manner(24.02.2016)

A candidate appearing in an examination under the OBC category remains eligible for selection to the post advertised, despite not submitting the OBC c.....

Tags : Reservation, certificate, provisional list, selection

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Delhi HC Directs Police to Handover Keys of Residential Premises in Nizammudin Markaz(24.08.2021)

Delhi High Court has directed the Police to handover keys of her family's residential premises in the Nizamuddin Markaz which was locked by the Police.....

Tags : Delhi High Court, Residential Premises in Nizammudin Markaz

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Allahabad HC: Appellate Court Shouldn't Give Fresh Reasoning If Reasoning of Lower Court is Just(05.08.2022)

Allahabad High Court has held that in acquittal appeals, the appellate Court is not required to rewrite the judgment or to give fresh reasoning when t.....

Tags : Allahabad High Court, Fresh Reasoning, Lower Court

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Calcutta HC Directs Centre to Open More CSFL Centres in State(30.12.2020)

Calcutta High Court has directed the Central government to open more CFSL Centres in the State for expeditious forensic examination during criminal in.....

Tags : Calcutta High Court, CSFL Centres

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Calcutta HC to Continue Restrictive Functioning Till May 31(14.05.2020)

Calcutta High Court has announced that the High Court as well as its Circuit Benches at Andaman & Nicobar Islands and Jalpaiguri and all subordinate C.....

Tags : Calcutta High Court, Restrictive Functioning

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Notification regarding new technology to strengthen SEBI Complaint Redressal System for Investors(01.04.2024)

In its continuous pursuit of protection of interests of investors in the securities market, SEBI has launched the new version of the SEBI Complaint Re.....

Tags : New technology, Complaint Redressal System, Investors

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CERT-In and Mastercard India sign MoU for collaboration in cyber security to enhance India's cyber-resilience in Financial Sector(19.06.2024)

Indian Computer Emergency Response Team (CERT-In) is a Government organization under the Ministry of Electronics and Information Technology, Governmen.....

Tags : MoU, Cyber security,Cyber-resilience

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Delhi HC Seeks Government Opinion on Implementing Food Security Act(03.10.2016)

Delhi HC has sought Delhi Govt.’s response on a PIL seeking a direction to it to implement National Food Security Act to ensure good health to childre.....

Tags : Delhi HC, National Food Security Act, Anganwadi Centres

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Delhi HC Dismisses Plea Challenging Aadhar Requirement for Availing Ration(06.04.2022)

Delhi High Court has dismissed a public interest litigation that challenges the mandatory requirement of Aadhaar card to avail free ration under the N.....

Tags : Delhi High Court, public interest litigation, National Food Security Act, 2013, Aadhaar card

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Fundamental burden is on complainant to prove existence of legally enforceable debt(11.06.2024)

The original complainant, who instituted proceeding under Section 138 of the Negotiable Instruments Act, 1881 (N.I. Act), is dissatisfied by the judgm.....

Tags : Presumption, Acquittal, Legality

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UK Supreme Court: Prime Minister May Must Get Parliamentary Approval to Initiate Brexit(24.01.2017)

English Supreme Court has ruled that Government must seek Parliamentary approval before formally initiating the process to leave European Union(Brexit.....

Tags : English Supreme Court, United Kingdom, Theresa May, Brexit

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Gujarat HC: Depression Can be Classified as 'Serious Illness' in COVID's Context(03.09.2021)

Gujarat High Court has set aside the order and decision of a government college to cancel the registration and admission of a student as he failed to .....

Tags : Gujarat High Court, Depression, Serious Illness

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Reserve Bank of India Lifts All Limit on Cash Withdrawals(14.03.2017)

Reserve Bank of India has lifted all limits on cash withdrawals from banks and ATMs.

Tags : Reserve Bank of India, cash withdrawals

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SC: Right of Being Represented Through Counsel is Part of Due Process Clause(28.12.2020)

Supreme Court has observed that the right of being represented through a counsel is part of due process clause and is referable to the right guarantee.....

Tags : Supreme Court, Right of Being Represented

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Rajya Sabha Passes a Bill to Expedite Disposal of Debt Recovery Applications(10.08.2016)

Rajya Sabha has passed the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016, which amen.....

Tags : Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016, Rajya Sabha

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ITAT: Loan On Interest From Sister Concern Does Amount To ‘Deemed Dividend’(17.11.2021)

Income Tax Appellate Tribunal (ITAT), Delhi bench has held that loan on interest received from the sister concern to fulfill the enhanced requirement .....

Tags : ITAT, Loan on Interest, Deemed Dividend

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Delhi High Court Seeks Details of Actual Forest Area in Capital(13.08.2015)

Delhi High Court has sought details of actual forest area in capital from government observing that “extent of forest shown on paper is not true pictu.....

Tags : Delhi High Court, forest

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Large Exposures Framework(03.06.2019)

Please refer to the instructions contained in circulars DBR.No.BP.BC.43/21.01.003/2016-17 dated December 01, 2016 and DBR.No.BP.BC.31/21.01.003/2018-1.....

Tags : Concentration risk, Exposures, Framework

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TRAI issues Directions to Access Providers to stop misuse of Headers and Message Templates, and to curb unauthorized promotions using Telecom Resources(16.02.2023)

The Telecom Regulatory Authority of India (TRAI) under Ministry of Communications, in order to ensure that all promotional messages are sent through R.....

Tags : Directions, Issuance, Telecom Resources

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Madras High Court to Decide on Legality of Permission to Use Reserved Symbol(26.03.2021)

Madras High Court has said the legality of one political party permitting candidates of another party to contest in its reserved symbol can be decided.....

Tags : Madras High Court, Legality of Permission to Use Reserved Symbol

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An order of dismissal of writ petition on merits would ensue, if no case of breach of a statutory provision is made out(16.06.2017)

In facts of present case, Petitioner has been working as Assistant Accountant of Suri Friend's Union Co-operative Bank Limited, a registered cooperati.....

Tags : Resolution, Termination, Validity

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Gujarat HC Asks State Government to Ramp Up Testing and Create Permanent Testing Centres(16.04.2021)

Gujarat High Court has asked the State Government to ramp up testing and create permanent RT-PCR testing and CT scan facilities in smaller districts, .....

Tags : Gujarat High Court, Create Permanent Testing Centres

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Del. HC: PIL Seeking Constitution of High Powered Committee Affairs of Cooperative Banks, Rejected(02.04.2024)

Delhi High Court has rejected a Public Interest Litigation (PIL) that sought the constitution of the High Powered Committee to look into affairs of co.....

Tags : Delhi High Court, Public Interest Litigation, High Powered Committee

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President of India Promulgates Ordinance to Reduce Salary of MPs By 30% for One Year(09.04.2020)

President of India, Ram Nath Kovind has promulgated the "Salary, Allowances & Pension of Members of Parliament (Amendment) Ordinance 2020" to reduce s.....

Tags : President of India, Ordinance to Reduce Salary of MPs

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NCLAT, Chennai: Suspended Board of Directors Do Not Have Powers to Appoint Resolution Professional(02.03.2022)

National Company Law Appellate Tribunal, Chennai has held that the suspended Board of Directors has no power under the Insolvency and Bankruptcy Code,.....

Tags : National Company Law Appellate Tribunal, Powers to Appoint Resolution Professional

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Kar. HC: Grievance Redressal Committees of Startups & IT Co. Can't Decide Disputes qua Termination(29.09.2022)

Karnataka High Court has held that the Grievance Redressal Committees established by various Startups and IT companies, in compliance with State gover.....

Tags : Karnataka High Court, Grievance Redressal Committees, Termination

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RBI Implements ‘Positive Pay’ System for Cheque Transactions(31.12.2020)

Reserve Bank of India (RBI) has implemented ‘Positive Pay’ system for cheque transactions above Rs 50,000, to enhance security and reduce instances of.....

Tags : Reserve Bank of India, Positive Pay System

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Government has reconstituted the Indian Council of Historical Research(11.02.2019)

As per Rule 3 of Rules of ICHR, New Delhi, 1972, the Government has reconstituted the Council of Indian Council of Historical Research (ICHR), New Del.....

Tags : Historical Research, Council, Constitution

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TRAI responds to DoT's back reference on TRAI's Recommendations dated 19.08.2021 on "Enabling Unbundling of Different Layers Through Differential Licensing"(06.09.2022)

Telecom Regulatory Authority of India (TRAI) has issued its response to the back-reference received from DoT regarding its earlier Recommendations on .....

Tags : Response, DoT's back reference, Differential Licensing

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SC: No Stay on BSP-Congress Merger; Any Transaction on Floor of House Subject to Court Orders(14.08.2020)

Supreme Court has declined the plea to stay the Speaker's decision to stay the merger of BSP Members of Legislative Assembly of Rajasthan assembly wit.....

Tags : Supreme Court, BSP-Congress Merger

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Re-organisation of National Assessment Centres and Faceless Assessment Groups(31.05.2023)

1. Reference is invited to Circular No.40/2020-Customs dated 04.09.2020 on the constitution of National Assessment Centres (NACs), their roles and res.....

Tags : Re-organisation, Assessment Centres, Faceless Assessment

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Rajasthan Assembly Passes Bill to Grant 5% Reservation to Gujjars(14.02.2019)

Rajasthan Assembly has passed a bill giving a 5 % quota in government jobs and educational institutes to Gujjars and four other communities agitating .....

Tags : Rajasthan Assembly, 5% Reservation to Gujjars

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Madras HC to TNPSC: Reservation for Women in Public Employment Can Only be Horizontal, Not Vertical(09.09.2022)

Madras High Court while holding that the reservation for women in public employment can only be made horizontally and not vertically, has directed Tam.....

Tags : Madras High Court, Reservation, Women, Public Employment

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Deduct Re 1 Per Day from Salaries of Top State Officials: Bombay High Court(06.07.2018)

Bombay High Court has directed state government to deduct Re 1 per day from the salaries of Chief Secretary, Principal Secretaries of Urban Developmen.....

Tags : Bombay High Court, Illegal Religious Structures

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Bombay High Court Grants Pre-Arrest Bail to Actor Sahil Khan in Abetment to Suicide Case(08.12.2021)

Bombay High Court has granted pre-arrest bail to actor and fitness entrepreneur Sahil Khan in an abetment to suicide and defamation case.

Tags : Bombay High Court, Pre-Arrest Bail to Actor Sahil Khan

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Companies (Listing of Equity Shares in Permissible Jurisdictions) Rules, 2024(24.01.2024)

In exercise of the powers conferred by sub-section (3) of section 23 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Govern.....

Tags : Equity shares, Permissible jurisdictions, Rules

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Bombay HC Tells BMC Not to Start New Reclamations for Coastal Roads(12.04.2019)

Bombay High Court has told the BMC not to go ahead with reclamation work for the coastal road project till it hears PILs challenging it.

Tags : Bombay High Court, Coastal Resort

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Supreme Court Permits State of Himachal Pradesh to Divert Forest Land for Public Projects(14.12.2021)

Supreme Court has permitted the State of Himachal Pradesh for diversion of forest land under the Forest (Conservation) Act, 1980 for construction of c.....

Tags : Supreme Court, Diversion of Forest Land for Public Projects

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Companies (Incorporation) Amendment Rules, 2016(22.01.2016)

The Ministry of Corporate Affairs has notified Companies (Incorporation) Am.....

Tags : Company, incorporation, reservation of name

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Arbitral tribunal has power to award future interests on the awarded amounts, which as expressly provided under Section 31(7)(a), may include interests on the amounts awarded(19.04.2022)

The Petitioner has issued a Notice Inviting Tender for three construction projects. The Respondent being the successful bidder entered into an agreeme.....

Tags : Interest on award, Arbitral Tribunal

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All. HC to Counsels: Avoid Seeking Adjournments to Reduce the Backlog of Unresolved Cases(30.11.2023)

Allahabad High Court while stating that the same old practices will continue to produce the same old results but as society needs faster disposal of m.....

Tags : Allahabad High Court, Adjournments, Unresolved Cases

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Karnataka HC Directs BBMP to Forthwith Set Up Cell to Address Residents' Grievance(07.09.2022)

Karnataka High Court has directed the Bruhat Bengaluru Mahanagara Palike (BBMP) to forthwith set up a grievance cell, ward wise, in order to address p.....

Tags : Karnataka High Court, BBMP, Resident

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Delhi HC Seeks Response on Plea Against Rules Allowing NBFCs Resolution Under IBC(04.02.2021)

Delhi High Court has sought responses of the Centre, the Reserve Bank of India and Dewan Housing Finance Corporation Ltd (DHFL) on a writ petition cha.....

Tags : Delhi High Court, NBFC Resolutions Under IBC

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Bombay HC Grants Transit Pre-Arrest Bail to Director, Producer, Writer, Amazon Content Head(21.01.2021)

Bombay High Court has granted transit anticipatory bail to Tandav web series director Ali Abbas Zafar, producer Himanshu Mehra, Amazon content head Ap.....

Tags : Bombay High Court, Pre-Arrest Bail to Director, Producer, Writer, Amazon Content Head

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INSOLVENCY - NCLAT Sets Aside NCLT's Liquidation Order of Jyoti Structures(22.03.2019)

National Company Law Appellate Tribunal (NCLAT) has set aside the liquidation order of Jyoti Structures Limited and said that Mumbai bench of National.....

Tags : NCLAT, Jyoti Structures

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Amendment in notification No. 50/2017-Customs, dated the 30th June, 2017(26.02.2019)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Cu.....

Tags : Amendment, Notification, Public interest

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Action of informing the person arrested about the grounds of his arrest is a sufficient compliance of Section 19 of PMLA and Article 22(1) of the Constitution(15.12.2023)

The present appeal is directed against the judgment passed by the High Court of, whereby the High Court has dismissed the petition seeking declaration.....

Tags : Arrest, Procedure, Compliance

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Supreme Court Extends Free Ride On DND Expressway For Eight Weeks(23.01.2017)

Supreme Court, while extending free ride on Delhi-Noida DND flyway for another eight weeks, has given two more months time to Comptroller and Auditor .....

Tags : Supreme Court, DND Expressway, Toll, Noida Toll Bridge Company

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Madras HC Dismisses Plea Challenging Rejection of Representation of Netaji on Currency Notes(03.09.2021)

Madras High Court has dismissed a plea challenging Centre's rejection of a representation for printing the image of Nethaji Subash Chandra Bose on cur.....

Tags : Madras High Court, Representation of Netaji on Currency Notes

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Kerala HC Quashes Sessions Court Order Imposing Time Limit on Siby Mathews' Pre-Arrest Bail(16.11.2021)

Kerala High Court has set aside the 60 days time limit imposed on the pre-arrest bail granted by the Sessions Court to former DGP Siby Mathews, the fo.....

Tags : Kerala High Court, Siby Mathews' Pre-Arrest Bail

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CESTAT, Delhi: No Service Tax Applicable on Additional Interest Recovered from Customers(14.12.2020)

Customs, Excise, Service Tax Appellate Tribunal (CESTAT), Delhi has held that service tax is not applicable on additional interest recovered from cust.....

Tags : Customs, Excise, Service Tax Appellate Tribunal, Additional Interest Against Delayed Payment

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Del. HC: Unforeseen Incident Not Ground to Let Go of offender for Rash Driving(06.11.2023)

Delhi High Court has held that the happening of an accident is an unforeseen incident but it cannot be a ground to let off the offender for rash and n.....

Tags : Delhi High Court, Unforeseen Incident, Rash and Negligent Driving

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Supreme Court Rests Gujarat HC’s Notices on Judges' Plot Allotment(13.08.2015)

Supreme Court has put a stay on notices issued by Gujarat High Court to it's current and former judges and also a sitting SC judge over subsidised al.....

Tags : Supreme Court,subsidised allotment of residential plots case

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Green Tribunal Declares Rs 5K Fine for Dumping Waste in Aravallis(20.05.2016)

National Green Tribunal has said that any individual spotted throwing waste or muck in the Aravalli forest would now have to pay a penalty of Rs 5000.

Tags : National Green Tribunal , Aravalli forest

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