A Frost & Sullivan study commissioned by Microsoft reveals that a large-sized organization in India incurs an average of US$10.3 million of economic loss from cyberattacks whereas a mid-sized
Category: Legal
Urjit Patel: RBI challenges CIC notice to Urjit Patel
The Reserve Bank of India has challenged the Central Information Commission’s show-cause notice to Governor Urjit Patel directing him to disclose the list of wilful defaulters of bank loans.
Stamp duty on bills of exchange drawn on banks is not payable, says expert | Business Standard News
Q. What is the rate of stamp duty applicable on bills of exchange drawn on DA basis in respect of import bills under letter of credit? Is there any exemption? The
IK&FS crisis: NCLT asks former directors of IL&FS to disclose assets – The Economic Times
The National Companies Law Tribunal today passed an interim order asking nine directors of debt ridden Infrastructure Leasing & Financial Services (IL&FS) including Ravi Parthasarathy and Hari Sankaran, Arun
We felt then-CJI was being remote-controlled: Justice Kurian Joseph | India News – Times of India
In a stunning claim, retired Supreme Court judge Kurian Joseph said he and three other most senior SC judges held their much-discussed press conference on January 12
CAs are in a tizzy over SC order on misconduct outside professional sphere | Business Standard Column
Chartered accountants are in a tizzy following a recent Supreme Court order that upheld the right of the regulator to haul them up for misconduct, not related to
From trial for worker’s death to arbitration pact, here’re key court orders | Business Standard Column
Adjudication essential to arbitration In arbitration, the main elements are enquiry, hearing of parties, examination of evidence and adjudication of the dispute. A mere provision for appeal against
Indians high on whistle-blowing to SEC, back off when tipping Sebi | Business Standard News
The Securities and Exchange Board of India (Sebi) may be missing out on a key source of information on wrongdoing as India lacks an effective enabling framework
Supreme Court is corruption free, says Justice Kurian Joseph | India News – Times of India
“There is no corruption in the Supreme Court. It has never ever occurred to me. I have never heard about it,” former Supreme Court Judge
Supreme Court–गोंगाटातील गोडवा | Loksatta
दस्तुरखुद्द सरन्यायाधीश हे माध्यम स्वातंत्र्याचे खंदे पुरस्कत्रे आहेत. ही वस्तुस्थिती म्हणजे सर्व लोकशाहीवाद्यांसाठी एक महत्त्वाचा आधार आहे.. आपण सीलबंद लखोटय़ात माहिती देण्याचा आदेश दिला आणि
Allow audit firms to offer legal services: MCA panel – The Economic Times
o rationalise the Advocate Act 1961 to facilitate development of Indian audit firms as well as legal firms,” stated the panel’s report. The report states
Medical Devices industry–Under the skin | Business Standard Editorials
The Indian medical devices industry is in serious need of examination. A series of reports from The Indian Express and the International Consortium of Investigative Journalists (ICIJ)
Income Tax-Misplaced enthusiasm | Business Standard Editorials
The income-tax department has, for some time now, sought to crack down on unlisted companies that issue shares at a premium. This follows the amendment
Bring back court scrutiny of corporate schemes | Business Standard Column
If news reports are to be believed, a proposal to prune the jurisdiction of the National Company Law Tribunal (NCLT) is afoot. The power of the NCLT to approve
From arbitration agreement to cheque bounce case, here are key court orders | Business Standard Column
Evidence of arbitration agreement “An arbitral clause need not necessarily be found in a contract or an arbitral agreement. It can be included in the
Govt moves to empower RoC, but will it lead to demand for more manpower? | Business Standard Column
Business Standard reached out to different stakeholders for a ground view of what they make of the ordinance The government’s recent move to strike a
From insolvency process to temporary staff, here are the key court orders | Business Standard Column
Limitation law in insolvency process The Limitation Act covers applications filed for initiating corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code from its inception in 2016, the Supreme Court has
From arbitration contract to e-market, here are the key court orders | Business Standard Column
Clash of currencies in arbitral award When an arbitral tribunal passes its award specifying interest rates in different currencies, it should coordinate the choice of
From Sarfaesi Act to arbitration clause, here are the key court orders | Business Standard Column
SC clarifies debtor’s right under Sarfaesi The Supreme Court last week ruled that a debtor can approach the debts recovery tribunal (DRT) under the Securitisation Act (Sarfaesi)
Ease of doing biz: Enforcing contracts, IBC cases remain hurdles for India | Business Standard Column
India improved its ranking on the World Bank’s Ease of Doing Business index for the second straight year, jumping 23 places to the 77th spot, but the