Clipped from: https://www.financialexpress.com/money/rbi-tweaks-norms-to-ensure-the-security-of-card-data-here-is-what-experts-say/2326455/ Experts say it is crucial, that the ecosystem of multiple payments instruments in the country, along with bigger adoption of digital payment methods
Category: Legal
Homebuyers’ body urges Housing Ministry to act against realty projects’ timelines extension – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/homebuyers-body-fpce-urges-housing-ministry-to-act-against-realty-projects-rera-timelines-extension/articleshow/85949359.cmsSynopsis It has urged the ministry to direct these states to withdraw their notifications granting such extensions provided to developers arbitrarily without any relief
RBI’s resolution framework: A prudent mechanism for banks, NBFCs to initiate insolvency process – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/rbis-resolution-framework-a-prudent-mechanism-for-banks-nbfcs-to-initiate-insolvency-process-306119-2021-09-07 The framework provides a prudential framework for banks and NBFCs to recognise and report the defaults with complete freedom to design and implement
Listen to Supreme Court on Tribunals Act – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/listen-to-supreme-court-on-tribunals-act/2325954/ Minimum-age for tribunal membership and short tenures will be a hurdle for tribunals in acquiring the needed talent The government needs to move
Freak trade at NSE, yet again – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/freak-trade-at-nse-yet-again/article36346366.ece The National Stock Exchange witnessed yet another freak trade in the futures and options section on Tuesday. The wild swing in Bank Nifty
Crypto not currency; needs to be regulated as asset: ex-RBI DG Gandhi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/crypto-not-currency-needs-to-be-regulated-as-asset-ex-rbi-dg-gandhi/articleshow/86004732.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis After quite a lot of debate over the years, Gandhi said, people have fully understood that crypto cannot be a currency because the
Lenders rush to invoke personal guarantees of promoters | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/lenders-rush-to-invoke-personal-guarantees-of-promoters-121090701089_1.html Lenders invoke guarantees worth Rs 34,000 cr Illustration: Ajay Mohanty Armed with a favourable Supreme Court judgement, the Indian lenders have started invoking the personal guarantees of
Justice Chandrachud is right to remind intellectuals of their duty. But what of the other institutions of democracy? | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/justice-chandrachud-intellectuals-democracy-7494857/ Merely sounding warning notes is not going to suffice in the current climate — they will have to be accompanied by stronger signals
DHFL: SC asks NCLAT to wrap up 63 Moons’ appeal against Piramal Group in 2 months – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dhfl-sc-asks-nclat-to-wrap-up-63-moons-appeal-against-piramal-group-in-2-months/article36325862.ece?homepage=true Refuses to stay operation of resolution plan in the interim The Supreme Court has directed the National Company Law Appellate Tribunal (NCLAT) to
Protect Digital India | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/protect-digital-india-121090601456_1.html House panel’s plea to ban VPNs will severely hamper commerce The Parliamentary Standing Committee on Home Affairs has reportedly suggested that India ban
Mastercard: US payments-network firms are under Centre’s compliance scanner. Is Mastercard playing with fire? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/us-payments-network-firms-are-under-centres-compliance-scanner-is-mastercard-playing-with-fire/primearticleshow/85879034.cms SynopsisMastercard is having it rough from the RBI for failing to comply with the regulator’s data-localisation norms. Not many in the industry are
IBC: 47 pc closed cases in liquidation till Jun; many cos saw eco value erosion before insolvency process, says IBBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/ibc-47-pc-closed-cases-in-liquidation-till-jun-many-cos-saw-eco-value-erosion-before-insolvency-process-says-ibbi/articleshow/85986219.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In recent times, there have been concerns raised in certain quarters about the number of companies going into liquidation and steep haircuts taken
Don’t appoint CAs as part-time members of authority, NFRA tells ministry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/dont-appoint-cas-as-part-time-members-of-authority-nfra-tells-ministry/primearticleshow/85986619.cms SynopsisRTI documents show that NFRA pushback was stronger than reported earlier. Appointment of practising CAs not only affects the independence, but also is
Vacancies in key tribunals: ‘not interested in confrontation but you are testing our patience’, SC tells govt. – The Hindu
Clipped from: https://www.thehindu.com/news/national/vacancies-in-key-tribunals-not-interested-in-confrontation-but-you-are-testing-our-patience-sc-tells-govt/article36315769.ece Bench asks Centre to conform and fill long-pending vacancies to key tribunals by the next hearing on September 13. A Special Bench of
The judicial role in improving lawmaking – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/the-judicial-role-in-improving-lawmaking/article36311082.ece?homepage=true Rushed laws, rendering Parliament a rubber stamp, sacrifice core ideals of a constitutional democracy The deterioration in the quality of deliberation in Parliament
Delhi Police arrest actor Leena Paul in ₹200 crore extortion case – The Hindu
Clipped from: https://www.thehindu.com/news/national/delhi-police-arrest-actor-leena-paul-in-200-crore-extortion-case/article36313878.ece?homepage=true She helped Sukesh Chandrashekhar swindle money The Delhi Police’s Economic Offences Wing arrested actor Leena Maria Paul on Sunday for allegedly helping her
Marriage is not consent | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/main-article/marriage-is-not-consent-1026431.html It is time to discard the notion that a woman gives up her bodily autonomy by entering into marriage Representative Image. Credit: iStock
Beware! Employees of popular apps have access to your data – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/variety/beware-employees-of-popular-apps-have-access-to-your-data/article36308663.ece?homepage=true Chennai-based finance professional Karthika G was shocked when a senior Swiggy employee jokingly told her that he could easily access her address from
Real regulation: Need to plug the gaps in the RERA regime – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/real-regulation-need-to-plug-the-gaps-in-the-rera-regime/2322218/ Closure in the present matter took nine years—the construction was first challenged in the courts in 2012. Closure in the present matter took
Supertech to file review petition against SC order; twin towers built as per law: Chairman RK Arora – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/supertech-to-file-review-petition-against-sc-order-twin-towers-built-as-per-law-chairman-rk-arora/articleshow/85923837.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “While we respect the Hon’ble Supreme Court order, we have decided to re-present the matter before the Hon’ble Supreme Court in a review
aniltikotekar4sme.com 