Government’s efforts to improve India’s rank on the index of ease of doing business and ease of dispute resolution are aimed at improving the business
Category: Legal
Multi-layered protection against ecommerce fraud ? | Deccan Herald–20.04.2018—–*****
Payment choices are expanding. Data security tools are advancing and cyber criminals are adapting. Fraudsters are becoming increasingly sophisticated and more efficient in identifying and
Not sure if Aadhaar is best model to accord benefits, says Supreme Court – The Financial Express–20.04.2018
The Supreme Court today said it was not sure whether bringing people “face to face” with authorities through Aadhaar was the best model as the
Aadhaar’s biometric authentication can be misused, says Supreme Court – The Financial Express–19.04.2018
If biometric authentication is attached to every transaction entered into by a person, it would “form a wealth of information” necessitating the need for data
Digital threat: Govt needs to shore up cybersecurity infrastructure | Business Standard Editorials–19.04.2018
Given the strong emphasis on the Digital India Initiative and the massive reliance on information technology (IT) to run key policy measures, such as the
Insolvency: Electrosteel becomes first of ‘Dirty Dozen’ to be resolved under Insolvency Code–18.04.2018
Anil Agarwal, chairman of the Vedanta Group told BloombergQuint that the Vedanta Group would look to complete the process of taking over Electrosteel Steels very
Motor insurance: Why 3rd party cover is not enough for your car – The Financial Express–18.04.2018
From this month, the mandatory third-party premium for cars with engine capacity of less than 1,000 cc has been reduce from Rs 2,055 to Rs
Aadhaar data breach can influence election results: Supreme Court–18.04.2018
Senior counsel, Diwedi submitted that technology is advancing and we have limitations of understanding such developments. Justice Chandrachud told the counsel ‘merely because of limitations
IDBI Bank: NCLT admits S Kumars for insolvency proceedings–Economic Times–17.04.2018
The Mumbai chapter of the National Company Law Tribunal (NCLT) last week admitted textiles and apparel company S Kumars NationwideNSE 20.00 % for insolvency proceedings after the state-owned IDBI
Alok Industries: Alok lenders reject Reliance Industries-JM Financial ARC’s revised offer – The Economic Times–17 04 2018
Lenders to Alok IndustriesNSE -9.76 % have rejected a revised offer by Reliance Industries-JM Financial ARC to acquire the bankrupt company, implying that the borrower may head
RBI should stay firm on bankruptcy norms–Economic Times–17.04.2018
The finance ministry reportedly wants the Reserve Bank of India (RBI) to ease the norms for bad loans, ostensibly to prevent mass corporate distress. This
Insolvency and Bankruptcy Code: There is no alternative to the process – The Financial Express–17 04.2018
The Supreme Court’s disinclination to interfere in the Insolvency and Bankruptcy Code (IBC) process and entertain a petition by Binani Industries to terminate insolvency proceedings
Binani: SC order a new opportunity–Economic Times–16.04.2018
When Binani Cement moved the Supreme Court seeking to exit the resolution process under the Insolvency and Bankruptcy Code (IBC) overseen by the National Company
Insolvency and Bankruptcy Code: BJP claims Rs 4 lakh crore recovery; RBI data tell a different story | The Indian Express–16.04.2018
The IBC provides for a time-bound resolution within 180 days, and has a provision to extend the deadline by another 90-days. The BJP claimed on
Electrosteel Insolvency case: IBBI fines resolution professional for not considering creditor claim | The Indian Express–16.04.2018
National Sales’ claims fell in the category of 31 operational creditors for which claims are under ‘dispute’ in the pre-corporate insolvency resolution process The Insolvency
Binani withdraws termination plea of insolvency process | The Indian Express–16.04.2018
Binani Industries had reached an in-principle understanding with UltraTech Cement last month that would allow the latter to buy Binani Industries’ 98.43 per cent stake
Supreme Court says no to out-of-court settlement; Binani Ind withdraws plea – Business Line–14.04.2018
With the Supreme Court indicating it was not in favour of any out-of-court settlement, Binani Industries Ltd on Friday withdrew its plea seeking an end
Insolvency committee report: A step towards fine-tuning IBC – The Financial Express–13.04.2018
The committee has taken into consideration the decision of the Supreme Court in the Mobilox Innovations case. The nascent Insolvency and Bankruptcy Code (IBC) is
Let GSTN function as a private company–Economic Times–12.04.2018
The finance ministry reportedly wants to convert the Goods and Services Tax Network (GSTN), a private company that manages the indirect tax infrastructure, into a
Aadhaar stigmatises everybody: Supreme Court–Deccan Chronicle–12.04.2018
The Supreme Court on Wednesday questioned the Centre as to why it should insist on Aadhaar for all financial transactions as it stigmatises the entire
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