The government plans to set up eight special courts under the National Company Law Tribunal to handle rising number of cases under the insolvency law,
Category: Legal
Aadhaar intact – The Hindu BusinessLine
It’s an oft-repeated legal adage that tough cases make bad law. And, by any yardstick, the Aadhaar case that came before a five-judge Bench of
Adultery–Supreme Court Judgment– no longer a criminal offence in India | ती जगातें उद्धारी.. | Loksatta
विवाह संस्थेचे पावित्र्य राखण्यासाठी व्यभिचार हा फौजदारी गुन्हाच मानला जावा, अशी सरकारची भूमिका होती; ती सर्वोच्च न्यायालयाने एकमताने फेटाळली. दिवा विझताना मोठा होतो म्हणतात. तद्वत
Adultery –Supreme Court Judgment–Editorial News: supreme court strikes down victorian-era adultery law – स्वागतार्ह निवाडा | Maharashtra Times
स्वागतार्ह निवाडा ‘भारतीय दंड संहिते’तील ४९७व्या कलमाला घटनाबाह्य ठरवून सर्वोच्च न्यायालयाने तब्बल १५८ वर्षे जुनी असलेली, कालबाह्य झालेली आणि विवाहित महिलेला पतीची ‘संपत्ती’ ठरविणारी तरतूद
Taxmen arrest three for issuing fake GST invoices to claim input tax credit – The Economic Times
The Commercial Taxes department has busted a racket involved in issuing fake GST invoices to help some dealers claim input tax credit (ITC) from the government. Three Bengaluru-based businessmen,
Confused verdict, calls for revision
The majority view of the five-member bench of the Supreme Court on Aadhaar is confusing and itself confused. The verdict pronounces Aadhaar constitutionally valid for
NPA mess: Bankers seek Govt help to speed up debt recovery process – NEWS – The Hindu BusinessLine
Public sector banks’ (PSB) chief executives on Tuesday sought government intervention to speed up the debt recovery process, including faster approvals from District Magistrates, to
All you wanted to know about …Ayushman Bharat – The Hindu BusinessLine
Enthused by the success of other Pradhan Mantri schemes such as Jan Dhan Yojana, the Modi government has rolled out a mammoth scheme, deemed the
All you wanted to know about MahaRERA – The Hindu BusinessLine
The implementation of a regulator for real estate transactions in India was expected to revive buyers’ confidence in the realty market. It has been little
From arbitration to tenancy agreement, here are the key court orders | Business Standard News
The problem of interpreting contracts to identify an arbitration clause has again come up before the Supreme Court. In this case, the difficulty was further aggravated by an “unhappily
GST’s unfinished agenda: Dealing with contractual price-adjustments | Business Standard Column
Notwithstanding the fact that it has been more than a year since the GST legislation triggered and changed the indirect tax landscape of the country, there is
How to prevent IBC from becoming a victim of its own success – The Economic Times–R
The Insolvency and Bankruptcy Code has ushered in an era of swift resolutions and fair decisions with failing companies. On a recent Wednesday morning, the
To boost ease of doing biz, govt mulls ordinance to settle disputes faster | Business Standard News
Seeking to improve India’s ranking on ease of doing business index, the government is mulling an ordinance which provides for time-bound settlement of commercial disputes and make arbitrators accountable, a senior
Banks led by SBI had asked ArcelorMittal to clear dues of two firms: NuMetal to SC – The Economic Times
Russia’s VTB Bank-promoted firm NuMetal, which was asked to establish its “subterfuge” charge against rival bidder ArcelorMittal, Wednesday told the Supreme Court that contrary to claims, a
The Committee of Creditors ‘dharma’ should be maximisation with fairness – The Financial Express-R
Failure by a firm to service debt, which is otherwise known as insolvency, is an outcome of the market. The Insolvency and Bankruptcy Code, 2016,
Insolvency–: Pay PF dues before repaying creditors, NCLT tells liquidator of Precision Fasteners – The Economic Times
In a significant order for employees of bankrupt companies, the National Company Law Tribunal has ordered the resolution professional handling liquidation of Mumbai-based Precision Fasteners to pay
Car insurance premium up sharply: Compulsory personal accident cover hiked to Rs 15 lakh – The Economic Times
Currently, Personal Accident Cover is capped at Rs 1 lakh for two-wheelers and Rs 2 lakh for private or commercial cars respectively. The compulsory personal accident
Vehicle Insurance: Uninsured vehicle owners should pay accident-compensation else vehicle to be auctioned: SC
If any uninsured vehicle ends up in an accident, the compensation payable to victim’s family becomes an issue. If you are driving an uninsured vehicle,
Punish those who fabricate false cases
Rocket scientist Nambi Narayanan had his career cut short, life disrupted and life experience stretched to the prison, where he spent 50 days, because of
The Isro tragedy: Who will be held accountable for a cooked-up spy case? | Business Standard Editorials
In a tragic turn of events, space scientist K Chandrasekhar died in hospital hours before the Supreme Court (SC) finally pronounced that the spy case
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