Clipped from: https://www.thehindubusinessline.com/opinion/amend-clause-on-criminalising-customs-data-publication/article65002173.ece Ambiguity needs to be removed so that analysing data from various sources is not hindered A six-month imprisonment is no trivial matter. More
Category: Legal
Non-replenishment of ATMs due to unforeseen circumstances: RBI accepts stakeholders’ plea for penalty waiver – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-accepts-stakeholders-plea-for-waiver-of-penalty-for-non-replenishment-of-atms-due-to-unforeseen-circumstances/article65001659.ece An India Post Micro ATM for farmers in Hyderabad | Photo Credit: NAGARA GOPAL Decision will come as a relief for banks, white
Wrong prescription – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-effort-to-outlaw-expenditure-incurred-on-drug-promotion-may-not-prove-effective/article65002067.ece Regulating drug promotion expenses | Photo Credit: FLOORTJE The effort to outlaw expenditure incurred on drug promotion may not prove effective This year’s
Taking a byte out of cyber threats – The Hindu
Clipped from: https://www.thehindu.com/opinion/lead/taking-a-byte-out-of-cyber-threats/article38414892.ece Rather than wait for the ‘Big Bang cyber attack’, nations and institutions ought to be prepared for a rash of cyber strikes Cyber
Over 26,000 ways an entrepreneur can land in jail for non-compliance of business laws – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/over-26000-ways-an-entrepreneur-can-land-in-jail-for-non-compliance-of-business-laws/article64999953.ece Five States have more than 1,000 imprisonment clauses in their business laws — Gujarat (1,469), Punjab (1,273), Maharashtra (1,210), Karnataka (1,175) and Tamil
Awaiting Justice: Delays in settling disputes, overload in admission of cases & language of judgements mar justice delivery – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/awaiting-justice-delays-in-settling-disputes-overload-in-admission-of-cases-language-of-judgements-mar-justice-delivery/2429807/ Part of the mess is because of the complicated nature of inheritance and succession laws, even more so if the individual dies intestate.
Over 26,000 clauses that can put entrepreneurs in jail for non-compliance with business laws: Report – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-over-26000-clauses-that-can-put-entrepreneurs-in-jail-for-non-compliance-with-business-laws-report/2430450/ Ease of Doing Business for MSMEs: “This regulatory overreach impacts not just entrepreneurs running for-profits, but not-for-profit institutions as well. There is a
Buyer shouldn’t pay for bank’s mistake | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/buyer-shouldn-t-pay-for-bank-s-mistake-122013000883_1.html Despite the State Commission having concluded that there was deficiency in service on the part of the bank, it had not been held
Surge in Lending Scams: How Account Aggregator framework will help mitigate the ecosystem – The Financial Express
Clipped from: https://www.financialexpress.com/money/surge-in-lending-scams-how-account-aggregator-framework-will-help-mitigate-the-ecosystem/2429797/ AA framework would collect data from all the loan providers to determine the authenticity of loan seekers, which in turn would reduce the
Ashneer Grover Updates: Ashneer Grover praises ‘legend’ Uday Kotak amid legal battle – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/ashneer-grover-praises-legend-uday-kotak-amid-legal-battle/articleshow/89222740.cmsSynopsis “Uday Kotak is a legend. I had the fortune of starting my career in Kotak…and can tell you no one understands or does
RERA is coming up short in giving relief to homebuyers. What ails the legislation? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/real-estate/rera-is-coming-up-short-in-giving-relief-to-homebuyers-what-ails-the-legislation/articleshow/89197021.cms SynopsisAccording to data from the Ministry of Housing and Urban Affairs, RERA authorities across states have disposed of 82,750 complaints since the Act
KKR drags Mantri Developers to NCLT over ₹145-crore dues – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/kkr-drags-mantri-developers-to-nclt-over-145-crore-dues/articleshow/89230341.cmsSynopsis The US PE firm’s real estate lending arm, KKR India Asset Finance, has filed an application with NCLT to start insolvency proceedings against
Former directors of Cox & Kings under Mumbai Police scanner – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/former-directors-of-cox-kings-under-mumbai-police-scanner/articleshow/89234980.cmsSynopsis The city police had earlier arrested the promoter, Ajay Ajit Peter Kerkar, and former chief financial officer Anil Khandelwal, who are now in
Tax optimiser: These WFH expenses can help Kumar cut tax by more than Rs 33,000 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/tax-optimiser-these-wfh-expenses-can-help-kumar-cut-tax-by-more-than-rs-33000/articleshow/89199078.cmsSynopsis Gadgets and furniture can be bought by the company and provided to the employee. The employee gets taxed for only 10% of the
When can class III legal heirs stake claim to property of deceased person? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/when-can-class-iii-legal-heirs-stake-claim-to-property-of-deceased-person/articleshow/89197863.cmsSynopsis The property of a Hindu male who dies intestate, that is, without a will, devolves equally to his class I legal heirs. Raj
RERA is coming up short in giving relief to homebuyers. What ails the legislation? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/real-estate/rera-is-coming-up-short-in-giving-relief-to-homebuyers-what-ails-the-legislation/articleshow/89197021.cms SynopsisAccording to data from the Ministry of Housing and Urban Affairs, RERA authorities across states have disposed of 82,750 complaints since the Act
NCLAT dismisses Sivasankaran’s appeal against NCLT order on liquidation of Siva Industries – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/news/nclat-dismisses-sivasankarans-appeal-against-nclt-order-on-liquidation-of-siva-industries/article64944928.ece NCLT in September ordered liquidation of Siva Industries and rejected lenders’ proposal to withdraw the company from bankruptcy proceedings The National Company Law
After Delhi and Allahabad, Rajasthan HC quashes assessment notices issued under Section 148 of the Income Tax Act – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/rajasthan-hc-followed-delhi-allahabad-hc-in-quashing-reassessment-it-notices-issued-on-or-after-april-121/article64944869.ece Centre’s plea against Allahabad HC to be heard soon in the Supreme Court After the Delhi and Allahabad High Courts, the Rajasthan High
GST on developed plot of land: Gujarat’s Appellate Authority for Advance Ruling affirms ‘Aye’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-on-developed-plot-of-land-gujarats-appellate-authority-for-advance-ruling-affirms-aye/article64943473.ece Meanwhile, AARs of Goa, Madhya Pradesh had said ‘No’ Applicability of Goods & Services Tax (GST) on plot of land with sewerage line,
ED arrests Karvy Group CMD Parthasarathy, CFO Hari in money laundering case | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ed-arrests-karvy-group-s-cfo-will-confront-him-with-md-parthasarathy-122012700828_1.html The ED case, filed under criminal provisions of PMLA, is based on multiple Telangana Police FIRs filed by HDFC Bank, few other banks
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