Clipped from: https://www.financialexpress.com/opinion/electricity-amendments-bill-2021-a-game-changer-for-the-power-sector/2368955/ The Electricity (Amendment) Bill promises to unlock the next round of reforms the sector needs At present, distribution is the sector’s Achilles heel,
Category: Legal
Real Estate Regulatory Authority can delegate its powers to hear complaints from homebuyers: SC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/real-estate/real-estate-regulatory-authority-can-delegate-its-powers-to-hear-complaints-from-homebuyers-sc/article37467619.ece Real Estate (Regulation and Development) Act, 2016 (RERA) retroactive in nature and covers all ongoing projects, says apex court The Supreme Court has
Parochial economics – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-haryana-law-reserving-private-sector-jobs-for-locals-is-anti-industry-it-will-stifle-the-labour-market/article37460208.ece The Haryana law reserving private sector jobs for locals is anti-industry. It will stifle the labour market The Haryana government’s notification last week
Notices to firms after mismatch in GST tax credits – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/notices-to-firms-after-mismatch-in-gst-tax-credits/articleshow/87659414.cmsSynopsis The GST framework allows companies to set off part of their future tax liability against GST paid by them on the raw materials
Personal Data Protection Bill may be tabled in Parliament in 1st week of winter session | Deccan Herald
Clipped from: https://www.deccanherald.com/national/personal-data-protection-bill-may-be-tabled-in-parliament-in-1st-week-of-winter-session-1050155.html The Joint Committee of Parliament, chaired by BJP MP PP Chaudhary, met on Friday to discuss a draft report on the Bill The
Probe custody deaths: CrPC mandates judicial inquiry. High courts must step in, because police won’t
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/probe-custody-deaths-crpc-mandates-judicial-inquiry-high-courts-must-step-in-because-police-wont/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Justice tarried is justice buried: Lawyers, and the judiciary, must guard against the law being used to delay cases – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/justice-tarried-is-justice-buried-lawyers-and-the-judiciary-must-guard-against-the-law-being-used-to-delay-cases/2366684/ With no disrespect to the legal system, AI is capable of delivering judgements in such cases, freeing court time for non-trivial cases. In
Ombudsman scheme to provide cost-free redress of customer complaints: RBI – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/ombudsman-scheme-to-provide-cost-free-redress-of-customer-complaints-rbi/2368013/ The Scheme adopts ‘One Nation One Ombudsman’ approach by making the RBI Ombudsman mechanism jurisdiction neutral, the RBI said in a statement. “The
Quid pro quo test no longer the norm – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/quid-pro-quo-test-no-longer-the-norm-311371-2021-11-05 The present ruling of the Supreme Court consciously blurs this line to say that a tax and a fee must not be understood
Do lower courts pass the buck when it comes to bail pleas? – Times of India
Clipped from: https://timesofindia.indiatimes.com/india/do-lower-courts-pass-the-buck-when-it-comes-to-bail-pleas/articleshow/87512108.cms Aryan Khan was granted bail by the Bombay High Court after two days of arguments, around eight days after the petition came to
What we need to fix our judicial system | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/what-we-need-to-fix-our-judicial-system-7607679/ Not more money or shiny new digital platforms, but more accountability from judges The box is opened four times a day and Khan’s
No Penalty for failure to maintain books when Assessee submitted Audit Report & Audited Accounts–TAXGURU.IN
lipped from: https://taxguru.in/income-tax/penalty-failure-maintain-books-assessee-submitted-audit-report-audited-accounts.html Aum Jewels Vs ITO (ITAT Delhi) We find Tax Audit Report in Form No. 3CD in all the Assessment Years under consideration. In
‘Permissible unless prohibited’ is the position of the law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/permissible-unless-prohibited-is-the-position-of-the-law/article36813086.ece National Company Law Tribunal allowing conversion of equity shares into preference shares is laudable Paving way for corporates to give structured exit to
COURTROOM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/courtroom/article36555934.ece Acknowledged as debt In business, there are circumstances where a person might have incurred a liability, but later on he need not have
Registration mandatory under MSME Act – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/registration-mandatory-under-msme-act/article36555608.ece It envisages the establishment of the Micro & Small Enterprise Facilitation Council The Supreme Court of India, in its recent judgment in Silpi Industries
Interpret, but don’t re-write – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/interpret-but-dont-re-write/article36813210.ece The job of judges is to interpret the law, not to re-write them, the Supreme Court has said, while overruling an interim order
Courtroom: No pedente lite interest – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/courtroom-no-pedente-lite-interest/article37048290.ece In a recent case, the question before the Supreme Court was whether interest could be levied during the pendency of a litigation In
The not-so fool-proof cyber world – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blogs/blog-gitanjalidiwakar/article33790212.ece Can migrating to apparently safer platforms ensure a greater degree of privacy in the world of satellite communication, computers and programming? Read on Not
HC stays arrest of Alchemist ARC promoter & another in loan fraud case – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/hc-stays-arrest-of-alchemist-arc-promoter-another-in-loan-fraud-case/articleshow/87519517.cmsSynopsis It is alleged that properties of Jaisalmer-based Hotel Gaudavan Pvt. Ltd. (HGPL) worth about Rs 200 crore, seized by SBI for loan default,
India needs a judicial corps: All-India cadre can tackle dearth of judges – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/india-needs-a-judicial-corps-all-india-cadre-can-tackle-dearth-of-judges/2362154/ Successive Union governments have failed to enact an appropriate Bill that sets the contours of an AIJS, faced with stiff opposition from states
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