Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/sc-dismisses-homebuyers-petition-challenging-wave-groups-insolvency-proceedings/articleshow/84093985.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Wave Mega City Center (WMCC) Private Limited, a special purpose vehicle of real estate developer Wave group, had moved the National Company Law
Category: Legal
CBDT issues rules for taxing partnership companies in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/cbdt-issues-rules-for-taxing-partnership-companies-in-india/articleshow/84091536.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Central Board of Direct Taxes (CBDT) has said that capital assets, money or stock in trade received by a partner in a
Govt to unveil national cyber security strategy soon: National Cyber Security Coordinator – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/govt-to-unveil-national-cyber-security-strategy-soon-national-cyber-security-coordinator/articleshow/84094404.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis On the national security narrative for the telecom sector, National Cyber Security Coordinator Rajesh Pant said, “While other nations have created a black-list
Wife Dies Without Will: Legal rights of husband over property of Hindu wife who dies without will – The Economic Times
SynopsisAs per Hindu Succession Act, 1956, there is a scenario where the husband of a Hindu woman who has died intestate will not be the
FB takes down 30 million pieces of offensive content – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/social-media/fb-takes-down-30-million-pieces-of-offensive-content/article35107146.ece?homepage=true Files the first monthly compliance report under the new IT rules Facebook said it removed nearly 30 million pieces of content under 10
CJI N V Ramana: Rule of Law vs Rule by Law–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/n-v-ramana-pd-desai-memorial-lecture-indian-judiciary-state-rule-of-law-constitution-7385031/ CJI N V Ramana: The former is what we fought for, the latter is an instrument of colonial rule. In the face of
Jet Airways resolution: Shares to remain listed, new owners propose FPO – The Financial Express
Clipped from: https://www.financialexpress.com/industry/jet-airways-resolution-shares-to-remain-listed-new-owners-propose-fpo/2282331/ The consortium will invest a maximum sum of Rs 600 crore in the equity of the airline which will give them 89.79% stake
Lenders looking to enforce guarantees of former promoters of Aircel | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/lenders-looking-to-enforce-guarantees-of-former-promoters-of-aircel-121070100975_1.html Maxis gave Rs 12,000 cr guarantees to SBI Lenders of Aircel Ltd are looking at the option to invoke the corporate guarantees given by the
Lenders looking to enforce guarantees of former promoters of Aircel | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/lenders-looking-to-enforce-guarantees-of-former-promoters-of-aircel-121070100975_1.html Maxis gave Rs 12,000 cr guarantees to SBI Lenders of Aircel Ltd are looking at the option to invoke the corporate guarantees given by the
Wife Dies Without Will: Legal rights of husband over property of Hindu wife who dies without will – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/legal-rights-of-husband-over-property-of-hindu-wife-who-dies-without-will/articleshow/83804054.cms SynopsisAs per Hindu Succession Act, 1956, there is a scenario where the husband of a Hindu woman who has died intestate will not
Provisional Attachment Under GST–taaxguru
Clipped from: https://taxguru.in/goods-and-service-tax/provisional-attachment-gst.html Provisional attachment of any property can be made to enforce or protect recovery of tax demands under the GST law. Where the proper
SEBI moves to empower independent directors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-moves-to-empower-independent-directors/article35044704.ece?homepage=true Overhauls rules on appointment, removal of IDs In a bid to empower independent directors of listed companies, market regulator SEBI has overhauled rules
New TDS/TCS regime from July 1 – are you ready? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/new-tds/tcs-regime-from-july-1-are-you-ready/articleshow/83944077.cmsSynopsis The new provision coming into effect requires both sellers and buyers to undertake due diligence w.r.t. tax return filing status of the other
Have sunset clause for economic laws constraining growth: Vijay Kelkar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/have-sunset-clause-for-economic-laws-constraining-growth-vijay-kelkar/articleshow/83960998.cmsSynopsis Kelkar, who has also served as the Union finance secretary, cited the Land Act and Rent Act while illustrating the constraints posed by
A non-performing code for bad debt – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/a-non-performing-code-for-bad-debt/article35023396.ece?homepage=true Five years after the Insolvency and Bankruptcy Code was enacted, banks are still struggling to recover the vast sums they have lent In
A ban, a Chinese e-comm firm and case of distraught Indian sellers | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/a-ban-a-chinese-e-comm-firm-and-case-of-lots-of-distraught-indian-sellers-121061400607_1.html Indian sellers say hundreds of them have been denied legitimate payments, cite a host of other malpractices by China’s Club Factory A ban,
PNB Housing’s wait for capital gets longer – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/pnb-housings-wait-for-capital-gets-longer/articleshow/83902674.cmsSynopsis The proposal to raise Rs 4,000 crore in a share sale structure that aimed to balance the need for funds to grow and
When you are the ‘first party’ and an accident claim is made against you – The Hindu
Clipped from: https://www.thehindu.com/business/when-you-are-the-first-party-and-an-accident-claim-is-made-against-you/article34994106.ece Do not make any commitment to the other party; call your insurance company and let them do the talking We have so far
Many large e-comm firms have blatantly flouted laws of land: Goyal | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/many-large-e-comm-firms-have-blatantly-flouted-laws-of-land-goyal-121062601297_1.html All ecommerce companies should follow the law of the land and do not use muscle or money power to hurt Indian interests, Commerce
Jaypee Infratech: Can the narrow win margin by the Suraksha group trigger a revote? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/jaypee-infratech-can-the-narrow-win-margin-by-the-suraksha-group-trigger-a-revote/article35003068.ece?homepage=true Though there is no provision for providing rebidding opportunities under the IBC, it appears that NBCC might appeal to the NCLT, say expert
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