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Category: Legal
Insolvency Bankruptcy Code: IBC panel seeks to draw more bidders, cut losses – The Economic Times–29.03.2018
The committee reviewing the Insolvency and Bankruptcy Code (IBC) has proposed that a case admitted for resolution can be withdrawn if 90% of creditors agree, implying that
Decision on loan default disclosure norms still with board: SEBI chief – Business Line–29.03.2018
SEBI chief Ajay Tyagi on Wednesday said the decision on the proposed norms necessitating listed companies to make urgent disclosures about all major loan defaults
How Facebook was able to siphon off phone call and text logs–Deccan Chronicle–28.03.2018**
The social network acknowledged on March 25 that it began uploading call and text logs from phones running Google’s Android system in 2015 – first
Stricter law for data protection, security to be put in place: UIDAI to SC–Deccan Chronicle–28.03.2018
The Unique Identification Authority of India (UIDAI) is working with Justice Srikrishna panel to put in place a stricter law for data protection and security,
Insolvency and Bankruptcy Code: View: Resolution plans under IBC should adhere to principles of natural justice – The Economic Times–28.03.2018
Any transfer of such assets requires approval of 75% shareholders in a general body meeting. By M Umarji A new section 29A has been inserted
Insolvency and Bankruptcy: IBC panel eases insolvency rules for MSME owners, vastly improve prospect of being acquired, revived – The Economic Times–28.03.2018
The Insolvency and Bankruptcy Code review panel called for sweeping changes in the law aimed at easing insolvency rules for small enterprises and providing relief to home buyers by
IBC–Welcome changes to resolution rules–Economic Times-28.03.2018
A panel to review the Insolvency and Bankruptcy Code (IBC) has reportedly recommended treating homebuyers as financial creditors to provide them relief. It also wants
Need for robust law to protect citizens sensitive information: Supreme Court – The Financial Express–28.03.2018
The Supreme Court today said there was a need for a “robust” law to protect sensitive information of citizens and asked the UIDAI about the
Justice cannot be blind to the economy – Business Line–28.03.2018
It’s time for Indian courts to ensure that their rulings do not have an adverse impact on the economy Finance Minister Arun Jaitley has called
AADHAAR: SC concerned about misuse of Aadhaar data by private firms | India News – Times of India–28.03.2018
The Supreme Court expressed concern on Tuesday over the potential misuse of Aadhaar authentication data collected by private companies for commercial use and said that safety measures put by
[ Facebook ] One misstep too many | The Indian Express–28.03.2018
Mark Zuckerberg must find a “Goldilocks zone” where the privacy protections are calibrated by the state of digital maturity and levels of digital trust —
How is Aadhaar data safe at time of authentication, asks SC | india news | Hindustan Times–28.03.2018
The Supreme Court on Tuesday refused to issue directions to extend the March 31 deadline to link Aadhaar with welfare schemes to avail subsidies and
[ Facebook ] An Orwellian nightmare–Deccan Herald–28.03.2018**
The activities of data analytics firm Cambridge Analytica (CA) have confirmed the worst fears about the misuse of personal data available on social media. It
Parties, cooperate on data protection–Economic Times–27.03.2018
While the brouhaha over Facebook’s indiscretions and the psychological warfare Cambridge Analytica reportedly deployed to influence voting behaviour plays out, it is important for India’s
Cambridge Analytica-Facebook scandal effect Here’s why India needs its privacy policy at the earliest – The Financial Express–27.03.2018
While the Aadhaar Act already deals with information leaks, a tough privacy law will make the information a lot more secure. (Cambridge Analytica) While law
Questions about IBC: New bankruptcy procedure is running into trouble | Business Standard Editorials–27.03.2018
A resolution professional (RP) has levelled allegations, through a filing at the National Company Law Tribunal, or NCLT, against the promoters of Binani Cement. The allegations are that the
Fixed-term contractual employment: A small move in the right direction | Business Standard Column–27.03.2018
Last week the Union government took a baby step in the right direction. It made it easier for industry to hire labour contractually for a
From Sarfaesi Act to service tax rule, here are the key court orders | Business Standard Column–27.03.2018
Creditors must follow Sarfaesi procedure The Supreme Court last week set aside the judgment of the Bombay High Court and ruled that a secured creditor is bound to
The Great Facebook Heist | The Indian Express–Mr. Karan Bhasin–26.03.2018
When does it become obvious that a heist has occurred? Loud alarms and smatterings of broken glass strewn are an obvious indication. Yet many of
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