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
Category: Legal
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
Could your bank be headed for bankruptcy? – The Financial Express
clipped from: https://www.financialexpress.com/economy/your-money-could-your-bank-be-headed-for-bankruptcy/2261016/ If the Altman Z score is less than 1.10, the bank is a bankruptcy candidate Altman developed the Z score as a tool
Traceability issue in WhatsApp-Govt spat – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/traceability-issue-in-whatsapp-govt-spat/article34683085.ece?homepage=true Tracing the origin of messages is difficult. A solution that doesn’t completely denude user privacy must be worked out On February 25, 2021,
All you wanted to know about Wills – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/big-story/all-you-wanted-to-know-about-wills/article34677683.ece?homepage=true After one’s time, family members or other beneficiaries should be spared the trauma of sorting out financial matters from scratch. Here are ways
Is flat registration must for claiming long term capital gains? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-is-flat-registration-must-for-claiming-long-term-capital-gains/article34679745.ece I have a flat in one of projects of Amrapali Group in Noida. The builder did not complete the projects on time and
If a Hindu male dies without a will, the father is not his immediate legal heir – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/if-a-hindu-male-dies-without-a-will-the-father-is-not-his-immediate-legal-heir/articleshow/76542855.cms Synopsis–According to succession laws, a Hindu male’s father is not an immediate legal heir. Here’s a look at who are considered legal heirs
Deposit Insurance: 49.1% bank deposits are not under Rs 5 lakh insurance cover: Check if your deposit is protected – The Economic Times
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
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
