The Reserve Bank of India (RBI) on Wednesday said it will implement the ombudsman scheme for digital transactions because of a rise in complaints. According to its annual report for
Category: Legal
Who will own and use your data? – The Financial Express
The Srikrishna Committee submitted the draft of the Personal Data Protection Bill, 2018, to the government for its action on July 27, 2018. The Srikrishna
Indiabulls attempts to seize Deccan Chronicle office, taken to Hyderabad HC | Business Standard News
The resolution professional of Deccan Chronicle Holdings Limited (DCHL) on Tuesday approached the Hyderabad High Court seeking orders against an attempted seizure of the company’s corporate office by Indiabulls.
Rescue plan for subordinate courts | Business Standard Column
The woes of a litigant start when he or she knocks at the door of the lowest rung of the judiciary near his village or town. The
Cheque cases to fake licences: Key court orders of the previous week | Business Standard Column
Presumption of debt in cheque cases According to the Negotiable Instruments Act, once a cheque has been signed and issued in favour of the holder,
Despite amendments, India far from becoming a global arbitration hub | Business Standard Column
In recent times, there has been a concerted effort on part of the government to improve the arbitration landscape in India. However, despite these changes,
Arbitration Bill 2018: Missed opportunity to design promising framework | Business Standard Column
The arbitration landscape in India has witnessed a surge of legislative activism since the first amendment to the Arbitration and Conciliation (A&C) Act, 1996, in
Binani Cement creditors allege ‘misconduct’ by RP, say kept out of process – The Financial Express
Operational creditors of Binani Cement on Thursday alleged before the National Company Law Appellate Tribunal (NCLAT) that the resolution professional (RP) kept them out of
Cosmos Bank Hacking: North Korean connection to Cosmos hacking? Signs point to Bangladesh heist masterminds–Economic Times
The highly orchestrated event could be the handiwork of Lazarus, North Korea’s most prolific hacking group Hackers targeted an 112-year-old Pune bank, Cosmos, last week in
Lenders can sell assets of personal guarantors under IBC: Apex court – The Financial Express
The Supreme Court on Tuesday ruled that banks can sell off assets of personal guarantors even when corporate resolution proceedings are on against the corporate
Giant step towards digitisation of courts! SC launches 3 apps – Check what all now litigants can do through smartphones – The Financial Express
The Supreme Court today took a giant step towards digitisation of courts across the country by launching three applications to facilitate e-filing of cases, making
Time for reform | Business Standard Editorials
In the past few years, the central executive and the higher judiciary have repeatedly exchanged barbs over the manner in which senior judges should be appointed. In
Uniform insured value for vehicles from Oct 1 – The Hindu BusinessLine
Soon, vehicle owners renewing their auto insurance policies will no longer need to ascertain which insurer offers the highest insured value for their set of
Google tracks your movements, like it or not – The Hindu BusinessLine
Google wants to know where you go so badly that it records your movements even when you explicitly tell it not to. An Associated Press investigation found
IT Ministry urges e-commerce players to set up data centres locally, at the earliest – INFO-TECH – The Hindu BusinessLine
With India tightening its data security regime, the government recently told e-commerce giants such as Amazon to set up their data centres in the country
Rise above party on Motor Vehicles Bill–Economic Times
It is unfortunate that consensus has eluded that crucial piece of legislation, the Motor Vehicles (Amendment) Bill, 2016, in the Rajya Sabha, after having been
Power sector NPAs: Govt, RBI’s different stand in HC could create confusion | Business Standard Column
Insolvency concerns might have caused further distress in a large number of infrastructure companies but the power sector is being dealt with by the government differently. The
Tata Steel and Vedanta eligible to buy stressed assets of Bhushan Steel and Electrosteel: NCLAT – NEWS – The Hindu BusinessLine
The National Company Law Appellate Tribunal (NCLAT) on Friday dismissed a petition questioning the eligibility of Tata Steel and Vedanta to acquire the stressed assets
A judgment on simple language needed – The Economic Times
The observation by the bench of the National Company Law Appellate Tribunal (NCLAT) that it may have to “write a judgment as to how a judge should
SC stays NCLAT order allowing asset freeze of 4 independent directors – The Financial Express
n a case that will redefine the role of independent directors in the corporate sector, the Supreme Court on Friday stayed the National Company Law