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
Category: Legal
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
Can DNA be taken for Aadhaar, asks judge – The Hindu–11.04.2018
An executive authority may even expand the meaning of biometrics’ Justice D.Y. Chandrachud pointed out how the Aadhaar Act could allow the State, in future,
SC for auctioning Unitech’s assets, orders issuance of public notice – The Economic Times–11.04.2018
The Supreme Court today took note of all the unencumbered assets of real estate major Unitech Limited and ordered that a public notice be issued inviting objections for auctioning
Supreme Court rebuts Centre’s arguments on privacy infringement in Aadhaar case | india news | Hindustan Times–11.04.2018
The Supreme Court today rebutted the Centre’s defence that collection of biometric details has not infringed the right to privacy of the citizens even if
For smoother resolution – Business Line–10.04.2018
The Insolvency Committee has addressed many contentious issues plaguing resolution process In view of conflicting rulings by the National Company Law Tribunal (NCLT), numerous appeals,
How banks can improve recoveries under Insolvency and Bankruptcy Code – The Financial Express–09.04.2018
PSU banks have not been able to achieve significant improvement in recoveries even post the enactment of the Insolvency and Bankruptcy Code (IBC). We believe
Amending IBC: Need clarity how home buyers will be protected, says expert | Business Standard Column–09.04.2018
The recommendations of the Insolvency Law Committee appointed by the Ministry of Corporate Affairs if accepted will give a fresh boost to the Insolvency and Bankruptcy Code
Will IBC bankrupt banks? – The Hindu–09.04.2018
Mrs. Bumble had broken some trinkets but it was her husband who was held guilty… “Indeed, You are the more guilty of the two, in the
AADHAAR: Aadhaar to prevent bank frauds, terror attacks, Attorney General KK Venugopal tells Supreme Court – The Economic Times–08.04.2018
The central government on Thursday claimed in the Supreme Court that Aadhaar would prevent bank frauds blamed for the rising non-performing assets in the public sector banking system and also would
‘Lender can’t seize vehicle without prior notice’ – Times of India–08.04.2018
A finance company cannot forcibly take possession of a vehicle for non-payment of dues without sending a notice to the borrower, country’s apex consumer commission
family maintenance: Unmarried daughter who is above 18 can claim maintenance from father: High Court – The Economic Times–08.04.2018
An unmarried daughter is entitled to claim maintenance from her father even after attaining the age of 18 if her parents are divorced or estranged, the Bombay High
cyber crime: How Indian Police is being trained to tackle cybercrime – The Economic Times–08.04.2018
Personnel from nearly 1,000 police stations in Karnataka will be trained to handle cybercrime as the state plans one cybercrime station per district by 2019. “We are
E-commerce Firm: Government set up e-commerce think tank to encourage local players–08.04.2018
The government has set up a think tank to look into ways to encourage home-grown ecommerce players and develop a domestic policy to respond to
RBI: Store data locally, RBI directs payment facilitators – The Economic Times–07.04.2018
According to RBI data, the value of card transactions, including credit and debit instruments, has gone to Rs 3.5 lakh crore a month from Rs
In India, it took 335 Facebook users to compromise the privacy of 5 lakh–The Print In–06.04.2018
The privacy of more than 5 lakh Indian users of Facebook was compromised by a company that later sold the data to Cambridge Analytica. And
One step back: IBC must not encourage out-of-court settlements | Business Standard Editorials–06.04.2018
The central issue is: How can efficient and equitable price discovery be enabled for a stressed asset? A high-level panel set up to review the
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