Clipped from: https://www.business-standard.com/article/companies/kapil-wadhawan-moves-sc-over-nclat-stay-against-his-rs-91-000-cr-dhfl-offer-121060100852_1.html NCLAT was scheduled to hear the reply of Wadhawan on June 25, but he moved SC before that On May 25, NCLAT had
Category: Legal
‘Watertight rules to prevent promoters’ backdoor entry might prove futile to objective of Pre-Pack scheme’ – The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/cafe-sme/watertight-rules-to-prevent-promoters-backdoor-entry-might-prove-futile-to-objective-of-pre-pack-scheme/2261861/ The scheme has been notified with the idea that it is MSMEs’ prerogative to have an alternative debt resolution mechanism considering their unique
Solar auction: UP does an AP, denies bidder rights – The Financial Express
Clipped from: https://www.financialexpress.com/industry/solar-auction-up-does-an-ap-denies-bidder-rights/2263301/ Developers to move tribunal against state renewable agency’s move, appeal to PM In November 2020, a tariff of Rs 2/unit was discovered in
Infosys begins internal probe after SEBI order on two employees involved in insider trading – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/information-tech/infosys-begins-internal-probe-after-sebi-order-on-two-employees-involved-in-insider-trading/articleshow/83148080.cmsSynopsis Infosys senior corporate counsel Pranshu Bhutra and senior principal Venkata Subramaniam V V were barred from accessing the securities market after investigating insider
Tweeting trouble – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/tweeting-trouble/article34691665.ece?homepage=true The likes of Twitter, WhatsApp should work with govt to develop regulations rather than question them The unseemly public spat between social media
Half the cases closed under IBC end in liquidation, only 13% resolved | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/half-the-cases-closed-under-ibc-end-in-liquidation-only-13-resolved-121053101129_1.html Haircut rises to 60% of lenders’ claims in FY21 The Indian government had launched IBC 2016 to help banks recover their dues from
Is it necessary to rewrite will if one of the legal heirs passes away? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/is-it-necessary-to-rewrite-will-if-one-of-the-legal-heirs-passes-away/articleshow/83058840.cmsSynopsis Raj Lakhotia, Founder, Dilsewill answers readers queries related to the transfer of assets. My father wrote a will over a year ago, and I and
Legal rights of wife if husband passes away without a Will – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/legal-rights-of-wife-if-husband-passes-away-without-a-will/articleshow/83058566.cms Synopsis–Women are typically unaware of their legal rights regarding property, let alone know how to access it. Find out about the legal rights
India Inc approaches states on labour law framework, seeks less compliance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-inc-approaches-states-on-labour-law-framework-seeks-less-compliance/articleshow/83103515.cms Synopsis–The Centre has been reluctant to dilute the rules under the codes and industry sees interactions with states as an opportunity to drive
WhatsApp case is about you, the average internet user. So here are a few things you must know – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-whatsapp-case-is-about-you-the-average-internet-user-so-here-are-a-few-things-you-must-know/articleshow/83106416.cmsSynopsis For close to 740 million Indian internet subscribers, it is important they understand that neither WhatsApp nor the govt is completely supportive of
Relief for investors as RBI clarifies on banks’ warning to crypto-dealing clients – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/relief-for-investors-as-rbi-clarifies-on-banks-warning-to-crypto-dealing-clients/articleshow/83116747.cmsSynopsis Recently, several large private and public sector lenders have cited the RBI’s 2018 notice to caution customers from dealing in digital currencies. MUMBAI:
Govt trying to make inroads into the fundamental right of privacy, says BN Srikrishna – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/govt-trying-to-make-inroads-into-the-fundamental-right-of-privacy-says-bn-srikrishna/articleshow/83096473.cmsSynopsis Srikrishna described the face-off between the central government and global social media platforms over the new IT rules as well as other attempts
Banks warn their customers of curbs if they deal in crypto – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/banks-warn-its-customers-of-curbs-if-they-deal-in-cryptocurrency/articleshow/83103230.cms Synopsis–Several other banks, including ICICI Bank, Yes Bank and IndusInd Bank, have also in recent weeks pulled the plug on the business accounts
Govt trying to make inroads into the fundamental right of privacy, says BN Srikrishna – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/govt-trying-to-make-inroads-into-the-fundamental-right-of-privacy-says-bn-srikrishna/articleshow/83096473.cmsSynopsis Srikrishna described the face-off between the central government and global social media platforms over the new IT rules as well as other attempts
Regulate big tech but not at the expense of user rights: Mishi Choudhary | Business Standard News
Clipped from: https://www.business-standard.com/article/politics/regulate-big-tech-but-not-at-the-expense-of-user-rights-mishi-choudhary-121053000791_1.html The heavy-handed ways in which the government has been behaving in shaping the narrative and curbing dissent make even genuine attempts at regulating
Lenders terminate bankruptcy proceedings against Lavasa Corporation | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/lenders-terminate-bankruptcy-proceedings-against-lavasa-corporation-121053100035_1.html Lenders who have run up Rs 7,700 cr bad loans will call for fresh bids Lavasa, a subsidiary of HCC, was sent for
Significant Economic Presence and its legal significance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/significant-economic-presence-and-its-legal-significance/article34683362.ece Lawmakers have created scenarios where foreign corporations are deemed to have “business connection” in India, thus bringing their Indian operations within the ambit
Bad loans and personal guarantees – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/bad-loans-and-personal-guarantees/article34683404.ece The SC verdict has brought relief to creditors waging long battles against bad loans On May 21, 2021, the Supreme Court dismissed pleas
Why Cairn moved to seize assets everywhere but India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/why-cairn-moved-to-seize-assets-everywhere-but-india/article34683512.ece Courts in West tend to award punitive damages, which an Indian court may hold to be against public policy In 2012, India amended
12 ways marketers can gather data lawfully and store it securely – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/catalyst/12-ways-marketers-can-gather-data-lawfully-and-store-it-securely/article34682669.ece How businesses can comply with, and benefit from the Personal Data Protection Bill The government’s new IT Rules are in the eye of
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