The National Consumer Disputes Redressal Commission (NCDRC) has ordered an insurance company to pay Rs 2.5 lakh with 9% interest to the kin of a
Category: Legal
Centre drops proposal to relax retrenchment norms for industries | Business Standard News–10.02.2018
The government has dropped a contentious proposal to allow factories with a big workforce to retrench and layoff workers or shut shop without seeking its
insolvency: Separate route on anvil for individual insolvency cases – The Economic Times–09.02.2018
The code for individual insolvency is likely to be implemented in phases, according to officials. The corporate affairs ministry has asked debt recovery tribunals (DRTs)
Brief case: Arbitration law, cancelling trademark, gratuity, and more | Business Standard Column–03.02.2018
Supreme Court suggests change in arbitration law The Supreme Court last week suggested an amendment to the Arbitration and Conciliation Act to avoid unnecessary delay
A Court Of Equals | The Indian Express–03.02.2018
The present controversy over the powers of the chief justice, whether of the Supreme Court (SC) or the high court, to constitute the benches of
Unease in doing business: Legal wrangles remain bane of running operations in India – Business Line–30.01.2018
Notwithstanding the striking progress made in ease of doing business, India continues to lag behind Pakistan, Congo and Sudan when it comes to enforcing contract
Economic Survey 2018: Cut pendency in litigation to improve business rating: Survey – The Economic Times–30.01.2018–1
The total backlog in High Courts by the end of 2017 as per the National Judicial Data Grid was close to 3.5 million cases. Calling
Brief case: Arbitration clause, insurance, PMLA, labour dispute, and more | Business Standard Column–23.01.2018
Under-insurance harms policyholder Those who undervalue their goods and property for saving on premium for general insurance might get into legal complications if they file
Trade Union: Small factories bill shelved on rights concerns – The Economic Times–20.01.2018—–*****
The labour ministry won’t be pressing forward with the draft small factories legislation as it wants to make sure that workers’ rights are protected, said
A website on laws: The govt would do well to create a website that explains all laws and related information at one place | Evernote Web–11.01.2018
By-Aparajita Gupta The winter session of Parliament ended last week. Bills were lined up for introduction, consideration and passing, to finally become laws. A few
Arbitration is coming of age in India | Business Line–10.01.2018
Institutional arbitration cuts excruciating delays in dispute resolution. Businesses and policymakers must promote it It is often said that litigants experience ‘eternity’ when they go
Brief case: Clarifications on IBC, fresh auction with clear terms, and more | Business Standard Column–09.01.2018
More clarifications on bankruptcy code In yet another major clarification on the Insolvency and Bankruptcy Code, the Supreme Court has ruled that a lawyer on
New Consumer Protection Bill recognises growing e-commerce market place | Business Standard Column–08.1.2018
The Consumer Protection Bill, 2018, was introduced in the Lok Sabha on the last day of the recently concluded winter session. The Bill seeks to
New Consumer Protection Bill introduced in Lok Sabha – The Financial Express–06.01.2018
A new Consumer Protection Bill was introduced in the Lok Sabha today, seeking to set up an authority to safeguard consumer rights in view of
Cheque-bounce case: New Bill in Lok Sabha to provide for interim compensation | Business Line–03.01.2018
The interim compensation can be an amount not exceeding 20 per cent of the amount of the cheque, according to the Statement of Objects and
online sales: MRP, use-by info on all eProducts from today – The Economic Times–01.01.2018
The practice of fake discounting often alleged against many ecommerce companies may stop after the rules to display MRP and expiry details of packaged products
Consumer Protection Bill: Cabinet approves Consumer Protection Bill – The Economic Times–21.12.2017
Focused on faster redressal of consumer grievances and to ensure stringent action against unfair trade practices, the Cabinet approved the introduction of the Consumer Protection
Insolvency and Bankruptcy Code: RBI asks banks, financial institutions to share info about assets of creditors with information utilities – The Financial Express–20.12.2017
The Reserve Bank today asked banks and other financial institutions to share information about assets of creditors with information utilities registered under the insolvency law.
Access to info utilities under bankruptcy law: IBBI proposes, RBI disposes | Business Standard News–19.12.2017-R
Even as the Insolvency and Bankruptcy Board of India (IBBI) has issued standards for public information registries or information utilities to make the bankruptcy process
Firms acquiring stressed assets under insolvency may get tax relief | Business Standard News–19.12.2017
The government is considering giving tax relief to companies that acquire stressed assets under the insolvency process. Some of such steps like carrying forward tax
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