Clipped from: https://www.financialexpress.com/opinion/getting-prepacks-to-work-well-the-framework-must-refrain-from-stipulating-a-swiss-challenge-method/2199902/ Prepacks are indispensable in insolvency legal infrastructure, especially given the imminent Covid-19-induced deluge of distress—the IMF recently advised policymakers regarding ‘pent-up bankruptcies’. The
Category: Legal
jet airways: NCLT rejects Jet employee unions’ plea to share details of the resolution plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/nclt-rejects-jet-employee-unions-plea-to-share-details-of-the-resolution-plan/articleshow/81171658.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The petitions argued that the employees of the corporate debtor (Jet Airways) are its assets and are interested in its successful resolution. The
Level platforms: on new law in Australia – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/level-platforms-on-new-law-in-australia/article33907347.ece Other governments might take the cue from Australia’s law making platforms pay for news A new law in Australia that seeks to make technology
Hyderabad has potential to become $100-billion pharma hub by 2030: Telangana Industries Minister KT Rama Rao – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/hyderabad-has-potential-to-become-100-billion-pharma-hub-by-2030-telangana-industries-minister-kt-rama-rao/article33902931.ece ‘Life sciences sector attracted ₹3,700-crore investment in one year’ As a pharma and life sciences hub of the world, Hyderabad is poised to grow
Large resident welfare associations may have to pay GST retrospectively – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/real-estate/large-resident-welfare-associations-may-have-to-pay-gst-retrospectively/article33905903.ece Experts divided over the interpretation Large resident welfare associations (RWAs) may have to face GST liability retrospectively subject to certain conditions. One particular
Without legislative backup, govt must not amend rules | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/without-legislative-backup-govt-must-not-amend-rules-121022100867_1.html The GST Council should prevail on the government to avoid such practices as they lead to unnecessary litigation The Finance Bill, 2021, proposes
Future-Reliance deal: Supreme Court halts NCLT approval – The Financial Express
Clipped from: https://www.financialexpress.com/industry/future-reliance-deal-sc-halts-nclt-approval/2199759/ Apex court overturns Delhi HC decision, restores freeze on deal and legal advantage for Amazon Amazon had secured an interim stay on the
Government yet to specify framework of old vehicle scrappage policy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/clean-tech/government-yet-to-specify-framework-of-old-vehicle-scrappage-policy/article33894077.ece The government is yet to specify the framework of its recently announced old vehicle scrappage policy Nagesh Kumar, a 59-year-old employee at a
mistakes in making a will: Did you know a sound will can also be contested? Find out where you can go wrong and how to avoid it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/did-you-know-a-sound-will-can-also-be-contested-find-out-where-you-can-go-wrong-and-how-to-avoid-it/articleshow/81122710.cms SynopsisThough there is no surefire way to create an ironclad will, drafting a technically sound and factually precise document can help minimise the
Bank privatisation: NPA hive-off, staff transfers being considered – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/psb-privatisation-npa-hive-off-staff-transfers-being-considered/articleshow/81140877.cmsSynopsis The government is likely to consider only banks that were not part of the recent consolidation, which would exclude Punjab National Bank, Bank
BigBasket slaps notice on Daily Basket for using ‘Basket’ in its name – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/bigbasket-slaps-notice-on-daily-basket-for-using-basket-in-its-name/articleshow/81140628.cmsSynopsis BigBasket, India’s largest online grocery that is on the cusp of being acquired by Tata Group, has claimed that Coimbatore-based Daily Basket infringes
Regulate gatekeepers: Learn from Australian effort to reform the asymmetry between Big Tech and news media
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/regulate-gatekeepers-learn-from-australian-effort-to-reform-the-asymmetry-between-big-tech-and-news-media/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Both kinds of currencies will evolve | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/both-kinds-of-currencies-will-evolve-121022100822_1.html Cryptos will develop frameworks for increased privacy, and checks could generate reduced intrusions into uses of conventional money Cryptocurrencies are coming together as alternative
Without legislative backup, govt must not amend rules | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/without-legislative-backup-govt-must-not-amend-rules-121022100867_1.html The GST Council should prevail on the government to avoid such practices as they lead to unnecessary litigation The Finance Bill, 2021, proposes
How to revive PMC Bank | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/how-to-revive-pmc-bank-121022100696_1.html Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank’s revival is a challenge very different from
Undeterred by Facebook news blackout, Australia commits to content law–business today
Clipped from: https://www.businesstoday.in/technology/undeterred-by-facebook-news-blackout-australia-commits-to-content-law/story/431818.html Australian Prime Minister Scott Morrison vowed on Friday to press ahead with laws to force Facebook Inc to pay news outlets for content
What happens if you do not accept new Privacy Policy by May 15, WhatsApp explains–business today
Clipped from: https://www.businesstoday.in/technology/what-happens-if-you-do-not-accept-new-privacy-policy-by-may-15-whatsapp-explains/story/431864.html WhatsApp will not delete the accounts of users who do not accept the new privacy policy, but the functionality of the account will
Defamation as crime: The Hindu Editorial on the acquittal of journalist Priya Ramani – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/defamation-as-crime-the-hindu-editorial-on-the-acquittal-of-journalist-priya-ramani/article33883308.ece?homepage=true A criminal prosecution that is inexpensive and quick becomes a handy tool to silence critics Some judicial verdicts acquire emblematic significance far beyond
Tata Super App to have all; RBI tightens digital payment security
Clipped from: https://www.businesstoday.in/latest/biz-eod/biz-eod-tata-super-app-to-have-all-rbi-tightens-digital-payment-security/story/431799.html Catch top stories from the world of business and economy with BusinessToday.In’s Biz EOD report Top stories from the world of business and
Estate Planning: Inheritance rights of women in own, husband’s ancestral property, coparcenary property – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/inheritance-rights-of-women-in-own-husbands-ancestral-property-coparcenary-property/articleshow/81103453.cms Synopsis–A widow’s share in the joint family property of the deceased husband is only up to the share that would have come to
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