Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/49-1-bank-deposits-are-not-under-rs-5-lakh-insurance-cover-check-if-your-deposit-is-protected/articleshow/83005834.cmsSynopsis Around 4.8 crore accounts do not enjoy the deposit insurance cover offered by Deposit Insurance and Credit Guarantee Corporation (DICGC). When a bank
Category: Legal
daughters legal rights: When is a daughter legal heir of her parent’s assets and when she is not? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/when-is-a-daughter-legal-heir-of-her-parents-assets-and-when-she-is-not/articleshow/78509788.cms Synopsis–The Supreme Court in its judgement gave equal rights to daughters as sons. Would it mean that under no circumstances can a daughter
WhatsApp vs govt: Is India really open for business? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/whatsapp-vs-govt-is-india-really-open-for-business/articleshow/83044721.cmsSynopsis The prescription of a content code for streaming sites and news portals is legally dubious. GoI has no authority granted to it by
Verdict astonishing, erroneous, says Goa govt in appeal against acquittal – The Financial Express
Clipped from: https://www.financialexpress.com/india-news/tarun-tejpal-case-verdict-astonishing-erroneous-says-goa-govt-in-appeal-against-acquittal/2260636/ Pushing for an early hearing, the state government termed Tejpal’s acquittal order as erroneous in law and unsustainable. The sessions court while acquitting
IT Rules: Legal experts weigh in on reasonable curbs to Right to Privacy | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/it-rules-legal-experts-weigh-in-on-reasonable-curbs-to-right-to-privacy-121052701342_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Say the new rules do not pass the test of proportionality to justify breaching a user’s privacy Photo: Shutterstock The new IT rules
Banks to sell Mallya’s UBL shares worth Rs 5,500 cr after PMLA court nod | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/banks-to-sell-mallya-shares-worth-rs-5-500-cr-after-pmla-court-nod-121052801354_1.html SBI in talks with SBI Caps to sell shares via block deals A source said banks would be able to sell shares to
Technical member imbroglio: SEBI should stand its ground against SAT order – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/technical-member-imbroglio-sebi-should-stand-its-ground-against-sat-order/article34670182.ece Expediting key appointments good for all stakeholders Recently, the Securities Appellate Tribunal (SAT), which hears appeals against SEBI’s regulatory orders, made an important
‘SC ruling to hold personal guarantor liable in insolvency cases to strengthen MSMEs’ credit discipline’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/sc-ruling-to-hold-personal-guarantor-liable-in-insolvency-cases-to-strengthen-msmes-credit-discipline/2258952/ The judgment will also encourage the promoters to use the pre-pack regime for MSMEs to find resolutions acceptable to the creditors and strengthen
A judicial review would be welcome – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-judicial-review-would-be-welcome/articleshow/83015486.cmsSynopsis There can be no question that no one can be allowed to defy the law, whether delusional administrators put in charge of small
Key takeaways from newly notified anti-abuse rules for tax valuation of slump sale – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/key-takeaways-from-newly-notified-anti-abuse-rules-for-tax-valuation-of-slump-sale/articleshow/83001497.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Though seemingly well intentioned, the FMV Rules for slump sale had the potential to create enormous uncertainty for taxpayers if they were based
NCLT directs power distribution firm not to take any coercive action against Sterling Biotech – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/nclt-directs-power-distribution-firm-not-to-take-any-coercive-action-against-sterling-biotech/articleshow/82999075.cmsSynopsis Sterling Biotech’s liquidator had approached the Mumbai bench of the National Company Law Tribunal (NCLT), with a plea to restrain Madhya Gujarat Vij
Jio seeks Reliance Infratel’s forensic audit reports – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/jio-seeks-rel-infratels-forensic-audit-reports/articleshow/83015527.cmsSynopsis The probe, which looked at transactions between May 2017 and March 2018, found three large entries buried under hundreds of thousands of others
WhatsApp’s legal tussle with govt helps Telegram get a signal booster | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/whatsapp-s-legal-tussle-with-govt-helps-telegram-get-a-signal-booster-121052800020_1.html Telegram is now number one in downloads, having pushed WhatsApp to fourth position The government had come out with IT guidelines which were
Choose security & privacy: Both govt & WhatsApp need to moderate their stances – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/choose-security-privacy-both-govt-whatsapp-need-to-moderate-their-stances/2260337/ Can’t have security trumping privacy and vice versa For its part, the government needs to take a fresh look at the rules and
IT rules: Social media firms can now be sued by users for offensive content – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/it-rules-social-media-firms-can-now-be-sued-by-users-for-offensive-content/2260307/ Official sources said that the government may not be vindictive and the social media firms can always engage with it, but the laws
Stop beating around the bush, comply with laws: MeitY to Twitter – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/social-media/stop-beating-around-the-bush-comply-with-laws-meity-to-twitter/article34660356.ece?homepage=true Microblogging company had termed new IT rules a dangerous overreach Hours after Twitter joined WhatsApp in raising concerns over the new IT rules
Online fraud alert: Deny remote access to your laptop, say analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/online-fraud-alert-deny-remote-access-to-your-laptop-say-analysts-121052600024_1.html If you do give access, monitor service provider’s activity New users of digital payment services are especially vulnerable During the Covid-19 pandemic, online
Cyberattacks could trigger more rating actions on banks, says S&P | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/cyberattacks-could-trigger-more-rating-actions-on-banks-says-s-p-121052501622_1.html The banking sector is becoming more exposed to cybercrime after the Covid-19 pandemic accelerated digitalization and remote working Cyber defense will become an
Explained: How new Facebook feature flags misinformation | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/facebook-misinformation-fake-news-tool-7332659/ Facebook will reduce the distribution of all posts in News Feed from an individual’s account if they repeatedly share content that has been
Banks may target family trusts of loan guarantors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-may-target-family-trusts-of-loan-guarantors/articleshow/82985824.cms Synopsis–Many of the family trusts created by businesspeople are meant primarily to protect their assets from potential claims related to their companies, such
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