Clipped from: https://www.thehindubusinessline.com ‘Set limits beyond which such offences should attract criminal prosecution’ The All-India Bank Employees Association (AIBEA) has suggested threshold limits be fixed for
Category: Legal
NCLT allows Jet Airways to sell office in Bandra Kurla Complex – The Hindu BusinessLine
The NCLT has allowed Jet Airways to sell its premises in Bandra Kurla Complex (BKC) to settle Rs 360 crore dues of mortgage lender HDFC,
Labour reforms still a perennial hot potato in India – The Financial Express
Clipped from: https://www.financialexpress.com/ The Narendra Modi regime hasn’t made much headway either, although at the very beginning of Modi 1.0, it embarked on the reform path
IBC: Government’s Covid-19 insolvency relief may be a double-edged sword – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ The directives of the Central Government to tide over these trying times are laudable. However, many of these changes are myopic and will
SC wants FinMin, RBI to meet in 3 days to decide on waiver of interest charged during moratorium – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The Supreme Court, on Friday, asked the Finance Ministry and the Reserve Bank of India to hold a meeting within three days to
Bounced cheques: Decriminalising offences a good idea, but needs to be thought carefully – The Financial Express
Clipped from: https://www.financialexpress.com Making a bounced cheque a civil offence will, once again, clog the courts and make recoveries difficult Under normal circumstances, decriminalising offences is
Sharing newspaper PDFs on social media illegal, say lawyers | India News – Times of India
Clipped from: https://timesofindia.indiatimes.com NEW DELHI: Is your daily newspaper coming to you as a WhatsApp forward in one of your many groups? It’s time to stop downloading it
NCLAT judgment: CCI can’t be made hostage to locus standi – The Financial Express
Clipped from: https://www.financialexpress.com NCLAT’s recent judgment effectively debarring whistleblowers/informants from flagging competition violations is against the fundamentals of the Competition Act By Vinod DhallRecently, the National
After UP, Karnataka withdraws working hour extension notification – The Financial Express
Clipped from: https://www.financialexpress.com In exercise of the powers conferred under Section 5 of the Factories Act, 1948, the government of Karnataka hereby withdraws the notification with
Shares, FDs, property, mutual funds: If 1st holder dies will joint holder get money or nominee? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/shares-fds-property-mutual-funds-if-1st-holder-dies-will-joint-holder-get-money-or-nominee/primeshow/76320351.cms Shares, FDs, property, mutual funds: If 1st holder dies will joint holder get money or nominee? Assets such as shares, fixed deposits, mutual
IBC a game changer for financial institutions: Gopal Subramanium – The Economic Times
Clipped from: https://economictimes.indiatimes.com Subramanium was talking at a webinar titled- “COVID 19: Constitutional and Legal Conundrums”, which was organised by Bennett University’s School of Law on
SC order on wages during lockdown: SC restrains govt till July end from taking coercive action against employers for not paying wages in full – The Economic Times
Clipped from: https://economictimes.indiatimes.com The Supreme Court though left it open to the establishment to pay full wages should it want to do so for the 54
Allow banks to release sanctioned loans to Amrapali homebuyers: SC to RBI | Business Standard News
Clipped from: https://www.business-standard.com/ A bench headed by Justice Arun Mishra issued the directions after observing that the construction of the housing projects had come to a
Some financial offences like bouncing of cheques may be decriminalised – The Economic Times
Clipped from: https://economictimes.indiatimes.com “Criminalising procedural lapses and minor non-compliances increases burden on businesses and it is essential that one should re-look at provisions which are merely
IBC suspension will fuel innovative options outside the Code: IBBI’s Sahoo | Business Standard News
Clipped from: https://www.business-standard.com In a Q&A, the chairman of the Insolvency and Bankruptcy Board of India says IBC should not be used to snuff out firms
IBC suspension leaves door open for fraud: Experts – The Economic Times
Clipped from: https://economictimes.indiatimes.com As per the ordinance issued on Friday, proceedings under the Insolvency and Bankruptcy Code can never ‘ever’ be filed for defaults occurring during
Auditor may not have raised red flags at IL&FS behest: forensic report | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/companies/auditor-may-not-have-raised-red-flags-at-ilfs-behest-forensic-report-6447866/ According to the Grant Thornton forensic audit report, SRBC & Co LLC had earlier taken a decision to make such qualifications in its
NCLT needs clear set of protocols to flatten bankruptcy curve, say experts | Business Standard News
Clipped from: https://www.business-standard.com/ Debt restructuring schemes under company law, and introduction of Code-based pre-packs are worth exploring, say experts Experts say there is no outer date
From arbitration award to power arrears, here’re the key court orders | Business Standard News
Clipped from: https://www.business-standard.com An international arbitration wound its way through four courts in India, and two times in the Supreme Court, lasting two decades before ending
The biggest reform, or a farce in 3 Acts? | Business Standard Column
Clipped from: https://www.business-standard.com India has one of the world’s largest arable landmasses, focused sunshine, and water in 40% of land, and so, if the three laws
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