Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/cbi-files-three-cg-power-auditors-under-scanner-for-signing-off-on-fraudulent-transactions/primearticleshow/84561258.cms SynopsisSharp & Tannan, Chaturvedi & Shah, and KK Mankeshwar & Co were auditors of CG Power in the years between FY15 and FY19.
Category: Legal
e-commerce: View: Reduce the regulatory cholesterol in e-commerce. The draft rules increase it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/reduce-the-regulatory-cholesterol-in-e-commerce-the-draft-rules-increase-it/articleshow/84544010.cms SynopsisThe rules, as many stakeholders and consumer organizations feel, may prove counterproductive for the growth of e-commerce which has enabled small businesses in
Customs brokers: CBIC abolishes renewals of licences/registrations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/customs-brokers-cbic-abolishes-renewals-of-licences-registrations/article35519596.ece?homepage=true Also licensee/registration holder can voluntarily come forward to surrender his license/registration if s/he wishes The Central Board of Indirect Taxes and Customs (CBIC)
Will the new e-commerce rules really favour consumers? – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/will-the-new-e-commerce-rules-really-favour-consumers/article35477503.ece The intent of the rules is unclear and there are several consumer protection rules already in place In June, the Union Ministry of
Beware the new Surveillance Raj that invades personal and political–times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/voices/beware-the-new-surveillance-raj-that-invades-personal-and-political/ The first census of independent India — a 10-yearly survey — was conducted in 1951 to gather statistics on population distribution, gauge the
Section 69A of IT Act must also go | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/section-69a-of-it-act-must-also-go-1012522.html The SC upheld the Section 69A of the IT Act, which allows the government to block websites, and was challenged in Shreya Singhal
Don’t call it a nexus, these are tender ties! | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/don-t-call-it-a-nexus-these-are-tender-ties-1012520.html Tender documents are often ‘managed’ even before they are advertised M Gautham Machaiahh as traversed across print, electronic and digital media donning both
Found Rs 2,200-cr fictitious transactions: CBDT after raids on media group | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/found-rs-2-200-cr-fictitious-transactions-cbdt-after-raids-on-media-groups-121072401024_1.html While the statement did not name the group, official sources identified it to be the Bhopal headquartered Dainik Bhaskar group The CBDT on Saturday claimed
Dainik raid: The government’s strong-arm crackdown betrays insecurity
Clipped from: https://indianexpress.com/article/opinion/editorials/income-tax-department-raids-tax-evasion-dainik-bhaskar-group-bharat-samachar-channel-pegasus-7419412/ In its bid to intimidate, the government’s strong-arm crackdown betrays insecurity and nervousness It may be possible to recognise the deep anxiety and
History shows, raiding newspapers never works | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/raiding-newspapers-never-works-7420804/ Using Income Tax raids as a weapon is not an idea that has been invented in Modi’s ‘new India’. The ruthlessness with which
Government rides a winged horse | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/government-rides-a-winged-horse-7419600/ P Chidambaram writes: “Questions on snooping can be countered by diatribes against “anti-nationals”, “foreign forces”, and “international conspiracy by Left-wing organisations”. Snooping can
Where did the Centre go wrong on cooperatives? – The Hindu
Clipped from: https://www.thehindu.com/news/national/explained-where-did-the-centre-go-wrong-on-cooperatives/article35516596.ece?homepage=true Why has the Supreme Court struck down part of the 97th Constitution Amendment and will it impact federal principles? The story so far: The
Pegasus and the laws on surveillance in India – The Hindu
Clipped from: https://www.thehindu.com/news/national/explained-pegasus-and-the-laws-on-surveillance-in-india/article35516430.ece?homepage=true Protests erupted across India after it emerged that a spyware was used to snoop on politicians, journalists and activists. Photo shows Youth Congress
SC: Telecos tried to recalculate AGR under guise of correcting ‘arithmetical errors’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/sc-telecos-tried-to-recalculate-agr-under-guise-of-correcting-arithmetical-errors/article35509591.ece?homepage=true The court said this was not the first time the companies had tried to alter the dues The Supreme Court said what major
The cases that landed some of India Inc’s top promoters and CEOs behind bars – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/the-cases-that-landed-some-of-india-incs-top-promoters-and-ceos-behind-bars/articleshow/84709947.cms SynopsisThe bulk of these cases pertain to non-repayment of bank loans, other financial irregularities and money laundering (Yes Bank, Religare, Unitech), with a
SC junks PIL to declare that NCLT cannot act as appellate authority – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/sc-junks-pil-to-declare-that-nclt-cannot-act-as-appellate-authority/articleshow/84703358.cmsSynopsis “It is not necessary for this court to return any finding on the question sought to be raised in the abstract without any
Proposed e-commerce rules place unreasonable restrictions, unconstitutional in nature – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/view-proposed-e-commerce-rules-places-unreasonable-restrictions-unconstitutional-in-nature/articleshow/84700538.cmsSynopsis Several provisions of original Rules and proposed amendments are unconstitutional, go beyond the CPA or are vague. E-commerce sector has been a life-line
Karnataka High Court quashes Amazon, Flipkart plea against antitrust probe into smartphone discounts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/karnataka-high-court-quashes-amazon-flipkart-plea-against-antitrust-probe-into-smartphone-sales/articleshow/84668532.cmsSynopsis The Competition Commission of India is investigating allegations that the two companies promote select sellers on their e-commerce platforms and use deep discounts
CG Power fraud: ICAI asks CBI for case details on ‘signing partners’ of auditors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/cg-power-fraud-icai-asks-cbi-for-case-details-on-signing-partners-of-auditors/article35498152.ece?homepage=true Nihar Jambusaria, Pesident, ICAI Nihar Jambusaria, President, ICAI× Seeks from SBI the plaint it filed and forensic audit reports to decide on action
Dice is loaded against minority shareholders – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/dice-is-loaded-against-minority-shareholders/article35496394.ece?homepage=true Caught In the crossfire – istock.com× The courts have left few avenues for grievance redressal in the event of undervaluation of their stake