Clipped from: https://www.business-standard.com/article/finance/banks-may-encounter-legal-hurdles-in-invoking-personal-guarantees-121071401447_1.html Experts say most promoters don’t register assets under their names Some foreign banks hire detectives to gather information on promoters’ assets stashed overseas,
Category: Legal
sbi kyc fraud: SBI alerts about online KYC fraud: Tells customers how to keep bank account safe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/sbi-alerts-about-online-kyc-fraud-tells-customers-how-to-keep-bank-account-safe/articleshow/84370088.cmsSynopsis In order to spread awareness among customers about KYC frauds that have been doing the rounds, the country’s largest bank, State Bank of
Approval of unit holders was necessary for winding up of Franklin schemes: Supreme Court – The Economic Times
Clipped from: https://economictimes.indiatimes.com/mf/mf-news/approval-of-unit-holders-was-necessary-for-winding-up-of-franklin-schemes-supreme-court/articleshow/84418845.cmsSynopsis The Supreme Court on Wednesday ruled that approval of unit holders was required for winding up of mutual fund schemes in the Franklin
Let go, BIT by BIT: World is watching, GoI should not contest Cairn, Vodafone awards in Indian courts
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-edit-page/let-go-bit-by-bit-world-is-watching-goi-should-not-contest-cairn-vodafone-awards-in-indian-courts/Rajat Malhotra The writer, a Supreme Court advocate, specialises in arbitration and commercial disputes law. Ishaan Pratap Singh assisted in his research The decision
Apar Gupta, Rohin Garg write: Task for new IT Minister Ashwini Vaishnaw
Clipped from: https://indianexpress.com/article/opinion/columns/ashwini-vaishnaw-it-minister-cabinet-reshuffle-7403308/ Apar Gupta, Rohin Garg write: Ashwini Vaishnaw must implement broader digital governance framework. Process of updating IT Act must be made public. Ashwini
Smriti Parsheera: ‘Need to put systems in place, but to have individual liability for employees… problems come with that’ | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/whatsapp-twitter-new-it-rules-india-free-speech-privacy-on-social-media-7401701/ Lawyer and public policy researcher Smriti Parsheera discusses questions on accountability, free speech and what privacy means on social media. Smriti Parsheera during
PNB Housing Finance-Carlyle deal: Sebi questions directors’ role – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/pnb-housing-fin-carlyle-deal-sebi-questions-directors-role/articleshow/84363004.cmsSynopsis Sebi asks why action should not be taken against them for non-compliance with guidelines Mumbai: The Securities and Exchange Board of India (Sebi) has questioned
WhatsApp and the wait for Data Protection Bill – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/whatsapp-and-the-wait-for-data-protection-bill/article35266846.ece?homepage=true Any business is entitled to follow the letter of the law – it is up to the governments to bring the letter of
Banks to invoke sureties given by promoters of 17 defaulting cos – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-to-invoke-sureties-given-by-promoters-of-17-defaulting-cos/article35287233.ece?homepage=true In May, the SC upheld the amendment to the Insolvency and Bankruptcy Code that allowed lenders to invoke the personal guarantees of promoters
Your car sale doesn’t end with just handing over the keys, RC – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/your-car-sale-doesnt-end-with-just-handing-over-the-keys-rc/article35258453.ece A vehicle and its insurance papers should reflect the same name and address. If not, you could be held liable for any accident
Sudeep Mahajan writes: Judges are arbiters, not lawmakers
Clipped from: https://indianexpress.com/article/opinion/columns/coronavirus-second-wave-delhi-high-court-oxygen-election-commission-7399907/ Sudeep Mahajan writes: Judiciary must not encroach on functions of executive and legislature The Supreme Court of India (File Photo) In the wake
New minister of cooperation must make it easier for cooperatives to do business, from registration to winding up.
Clipped from: https://indianexpress.com/article/opinion/editorials/cooperatives-registration-psus-private-enterprises-ease-of-doing-business-7399886/ New minister of cooperation must make it easier for cooperatives to do business, from registration to winding up. Not for nothing, the Narendra
Courts, protect media: IT rules attack media’s core freedom. Judges should see legal challenges to rules in that light
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/courts-protect-media-it-rules-attack-medias-core-freedom-judges-should-see-legal-challenges-to-rules-in-that-light/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
WhatsApp’s tactical retreat | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/whatsapp-s-tactical-retreat-121071100887_1.html Govt must move fast on personal data protection law Facebook subsidiary WhatsApp has informed the Delhi High Court that it will not enforce its updated privacy
Get out of the Cairn arbitration loop – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/get-out-of-the-cairn-arbitration-loop/2288055/ If the govt keeps challenging the award—and losing—India may soon become a no-go for investors Cairn says a French court has frozen 20
New IT rules will empower users, says Ashwini Vaishnaw – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/new-it-rules-will-empower-users-says-ashwini-vaishnaw/articleshow/84316575.cmsSynopsis The post was exclusively shared on Koo, which has been gaining in popularity amid the government’s stand-off with US-based Twitter over its alleged
How a retired SC judge can earn more in 2 hours than a sitting judge does in an entire month – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/how-a-retired-sc-judge-can-earn-more-in-2-hours-than-a-sitting-judge-does-in-an-entire-month/articleshow/84310721.cmsSynopsis There is a reason why many SC judges look forward to their retirement, which allows them to offer legal expertise as arbitrators, or,
Unduly worried over new Information Technology Rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/unduly-worried-over-new-rules/articleshow/84323812.cmsSynopsis Apprehensions about the rules harming privacy are also misplaced. Rule 4(2) requires ‘significant social media intermediaries’ to provide only the metadata about the
Does the Model Tenancy Act make life easier for tenants and landlords? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/does-the-model-tenancy-act-make-life-easier-for-tenants-and-landlords/article35255814.ece?homepage=true Take note of some caveats when the Act is implemented on the ground Renting a home is a necessity for many. But the
What Cairn, Vodafone and Devas episodes tell us about India’s arbitrariness | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/what-cairn-vodafone-and-devas-episodes-tell-us-about-india-s-arbitrariness-121070901046_1.html The Indian state’s arbitrariness may have come to be accepted with resignation within the country, but when it behaves in the same manner
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