Clipped from: https://economictimes.indiatimes.com/news/india/law-ministry-picks-52-acts-for-review-taps-other-ministries-for-views-on-them/articleshow/83530150.cmsSynopsis The move is in line with the government’s thinking to clean up the statute book. There are many redundant and old laws or
Category: Legal
Banks, borrowers dig in their heels over personal loan guarantees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/banks-borrowers-dig-in-their-heels-over-personal-loan-guarantees/articleshow/83523395.cms SynopsisBanks say that they are demanding proper documentation because several promoters have parked their assets in a trustee company or moved proceeds of
Wrong choice | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/wrong-choice-996529.htmlNew chairman does not inspire confidence The appointment of former Supreme Court judge Arun Mishra as chairman of the National Human Rights Commission (NHRC)
Welcome Madras HC ruling | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/second-edit/welcome-madras-hc-ruling-996530.htmlRuling puts sexual autonomy on stronger footing. Credit: DH File Photo The Madras High Court’s order on Monday on the rights of the LGBTQIA+
DHFL case: CoC decision on shareof FD holders can set a precedent – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dhfl-case-coc-decision-on-share-of-fd-holders-can-set-a-precedent/article34806278.ece?homepage=true NCLT says small investors should not face more risk than institutions Amidst the ongoing Covid-19 pandemic and job losses, the National Company Law
Post SC order, banks move to assess value of promoters’ assets – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/post-sc-order-banks-move-to-assess-value-of-promoters-assets/article34806617.ece?homepage=true Many are in the process of appointing advisors to arrive at the ‘fair value’ Armed with the Supreme Court’s order on invoking personal
The world is hardly wired for cyber resilience – The Hindu
Clipped from: https://www.thehindu.com/opinion/lead/the-world-is-hardly-wired-for-cyber-resilience/article34807136.ece Defending civilian targets and infrastructure against rising cyberattacks will stretch the capability of governments A string of high-profile cyberattacks in recent months has
How Model Tenancy Act removes ambiguity and mistrust in rental landscape – The Financial Express
Clipped from: https://www.financialexpress.com/money/how-model-tenancy-act-removes-ambiguity-and-mistrust-in-rental-landscape/2270438/ The Model Tenancy Act will enable institutionalisation of rental housing by gradually shifting it towards the formal market. The new law also prevents
RERA protects interests of homebuyers: Know its benefits – The Financial Express
Clipped from: https://www.financialexpress.com/money/rera-protects-interests-of-homebuyers-know-its-benefits/2270545/ The purpose of the Real Estate (Regulation and Development) Act was to balance the interests of all stakeholders, and to address multiple systemic
NCLT sets up monitoring panel for DHFL until Piramal Group’s resolution plan is implemented – The Financial Express
Clipped from: https://www.financialexpress.com/industry/insolvency-case-nclt-sets-up-monitoring-panel-for-dhfl-until-piramal-groups-resolution-plan-is-implemented/2270700/ The appointment of monitoring committee is typically done for the smooth implementation of the resolution plan. However, some experts are surprised at the
GST rate cut period should extendbeyond September 30, say experts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/gst-rate-cut-period-should-extendbeyond-september-30-say-experts/article34799969.ece ‘Curtailment of benefit period will make investment planning, supply chain expansion difficult’ The latest decision of the GST Council has brought some ray
Tax Query: Does a mother pay tax on money received from NRI son? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-does-a-mother-pay-tax-on-money-received-from-nri-son/article34801359.ece My son is working in the Netherlands and sends me €300 every month. My son pays income tax on his salary there. I
GST on Covid essentials cut, but 5% tax on vaccine stays – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-council-retains-5-on-vaccine-lower-on-other-products/article34797796.ece Council also does away with levy on Tocilizumab, Amphotericin B The GST Council, which met on Saturday, has decided to retain the tax
My daughter has investments in dividend option of a mutual fund scheme. Should she inform the AMC about her NRI status? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/my-daughter-has-investments-in-dividend-option-of-a-mutual-fund-scheme-should-she-inform-the-amc-about-her-nri-status/articleshow/83433009.cmsSynopsis Every week, guest experts answer queries from readers of ET Wealth on various topics ranging from tax to investments to insurance and more.
Force Majeure: How successful has the law been post Covid in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/force-majeure-how-successful-has-the-law-been-post-covid-in-india/articleshow/82227338.cmsSynopsis Law relating to force majeure is quite settled and one requirement of law that when the contract itself provides for the force majeure
What to do with Aadhaar, PAN, Voter ID and other official documents after death of holder – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/what-to-do-with-aadhaar-pan-voter-id-and-other-official-documents-after-death-of-holder/articleshow/83305387.cms Story outline UIDAI does not have any process of deactivating or cancelling the Aadhaar card of the deceased person and there is no
Karnataka HC allows CCI to probe Amazon, Flipkart – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/karnataka-hc-allows-cci-to-probe-amazon-flipkart/article34791491.ece The e-commerce companies had questioned the January 13 order of the CCI In a setback to e-commerce majors Amazon and Flipkart, the Karnataka
SC refuses to pass direction on plea to redress borrower hardship – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/covid-19-sc-refuses-to-pass-direction-on-plea-to-redress-borrower-hardship/article34792428.ece The petition was said to be in the realm of policy decision Press Trust of India The Supreme Court on Friday refused to pass
ED issues show cause notice to WazirX, directors under FEMA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/ed-issues-show-cause-notice-to-wazirx-directors-under-fema/article34788940.ece Not received any notice; will cooperate in any investigation: CEO Nischal Shetty The Enforcement Directorate has issued a show cause notice to cryptocurrency
SC fumes over delay in setting up migrant workers’ database – The Financial Express
Clipped from: https://www.financialexpress.com/india-news/sc-fumes-over-delay-in-setting-up-migrant-workers-database/2270010/ Explaining why National Information Commission may take three or four months to prepare the portal, the solicitor general and additional solicitor general Aishwarya
