As Indian banks’ gross NPAs nudge ₹8 lakh crore and new mega-frauds like PNB’s tumble out of the closet, there is mounting public anger against
Category: Legal
TDS scam: 447 companies robbed tax department of Rs 3,200 crore, says report–Business Today–06.03.2018
Tax season is yet to really pick up pace in the country but tax scams are already hogging the headlines. Last month it was a
How to get your money back if you fall victim to online fraud–Business Today–06.03.2018
Narendra Pal, a government school teacher in Zirakpur near Chandigarh, got the shock of his life when he received an sms just before midnight that
I-T Dept probes Rs 10-bn tax refund fraud by govt and PSU employees | Business Standard News–06.03.2018
With less than a month left for revising income-tax (I-T) returns for 2016-17, the I-T department has unearthed a giant fraud in multiple cities, where
‘No more tareek pe tareek’, says Bombay High Court | India News – Times of India–06.03.2018
“No more ‘tareek pe tareek’. Enough is enough,” an irked Bombay High Court said here while ruling out any more adjournments in a case, and
Law fugitive tycoons will definitely hate–Economic Times–05.03.2018
The Cabinet’s nod for a new law that allows the government to take over all assets of loan defaulters and economic offenders who flee the
Across the aisle: Minimum government, maximum damage – The Financial Express–05.03.2018
The key post of deputy governor, RBI, in charge of the Department of Banking Supervision, has remained vacant since July. The most misused cliche about
From arbitration clause to brand name, here are the key court orders | Business Standard Column–05.03.2018—–*****
The Supreme Court has dismissed the appeal of Essar Bulk Terminal Ltd against the Gujarat government’s notification expanding the limits of Hazira port SC: Arbitration
Supreme Court lawyer Indira Jaising in conversation with Krishnadas Rajagopal – The Hindu–05.03.2018—–*****
From constitution of Benches to women’s rights cases, the formidable lawyer says the apex court can improve Indira Jaising has many firsts to her credit.
Third party insurance for car: Here is why you should worry if you don’t have comprehensive policy – The Financial Express–04.03.2018
Third Party Motor Insurance helps in meeting the financial expenses towards the medical treatment of the third party or meeting the third party vehicle repair
How jury is still out on IBC verdicts – The Financial Express–04.03.2018
The Insolvency and Bankruptcy Code (IBC) has put a sturdier regulator, the Insolvency and Bankruptcy Board of India, on the lines of SEBI and IRDAI.
IRDA: Empirical tests should decide health cover: HC – The Economic Times–04.03.2018
By Dhirendra Kumar Those who keep an eye on insurance-related news would recently have noticed headlines about the Delhi High Court striking down health insurers’
Fear of forfeiture: on the Fugitive Economic Offenders Bill – The Hindu–04.03.2018
Given the apparent ease with which economic offenders flee India and cock a snook at the banking and judicial systems, the proposed law to seize
New regulator to discipline auditors is born – Business Line–02.03.2018
As part of the government’s effort to strengthen oversight of the audit profession, the Union Cabinet on Thursday paved the way for an independent regulator,
[Health Insurance] Right to care | The Indian Express–02.03.2018
Most health insurance policies in India have a clause that excludes “genetic disorders” as grounds for mediclaim reimbursement. On Monday, the Delhi High Court ruled
A judicial crisis is at hand–Deccan Herald–02.03.2018
The problem of shortage of judges is becoming more and more acute, with vacancies in the country’s higher judiciary increasing by the month. There never
Held on arrival: on Karti Chidambaram’s arrest – The Hindu–01.03.2018
Whether the arrest of Karti Chidambaram, son of former Union Minister P. Chidambaram, will result in some forward movement in a criminal investigation that has
Aircel to approach NCLT to file for India insolvency as soon as today | business news | Hindustan Times–01.03.2018
Billionaire T Ananda Krishnan’s Aircel Ltd. is poised to file for bankruptcy protection from creditors, people with knowledge of the matter said, which would make
Denying health insurance for genetic conditions ‘unconstitutional’, violates rights, says Delhi HC–Business Today–[ India Today Group ] 28.02.2018
The Delhi High Court has passed a judgment that would, in future, make health insurance contracts more transparent. The court asked Insurance Regulatory and Development
IBC 2016: Clearing the Air- Business Today–28.02.2018—–*****
Enacted in 2016, the Insolvency and Bankruptcy Code, 2016 (IBC) has witnessed a lot of action in the last six months. However, there were many
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