Clipped from: https://www.thehindubusinessline.com/news/national/apex-court-cannot-stop-media-from-reporting-judges-oral-observations/article34473345.ece “Unfolding of process of judicial thinking is equally of interest to the public” The ECI had complained to the Supreme Court about certain
Category: Legal
Jet Airways resolution – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/flight-plan/jet-airways-left-with-no-slots-to-revive/article34464782.ece Resolution of slot re-allotment is needed for the revival of the beleaguered airlines and the future of other carriers The weather is still
The fate of PPAs under IBC decided – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/the-fate-of-ppas-under-ibc-decided/article34465722.ece The Supreme Court has ensured the continuance of power purchase agreements (PPA) between the power generators and the buyers In a finding that
TReDS platform RXIL discounts receivables worth Rs 1,000 crore in a month – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/treds-platform-rxil-discounts-receivables-worth-rs-1000-crore-in-a-month/2228011/ Credit and Finance for MSMEs: From transactions worth Rs 69 crores in April 2020, RXIL reached a whopping Rs 1,105 crore in March
Pre-pack insolvency for MSMEs: How it differs from corporate insolvency resolution process; key features – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/pre-pack-insolvency-for-msmes-how-it-differs-from-corporate-insolvency-resolution-process-key-features/2244529/ Ease of Doing Business for MSMEs: The minimum default threshold of Rs 10 lakh, which has been prescribed for initiating the process, would
Tax Query: How to close HUF account with the I-T Department – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-how-to-close-huf-account-with-the-i-t-department/article34460660.ece?homepage=true My friend is having an HUF account. Till 2016 he had business income in HUF. He has two sons and a spouse. Both
Yes Bank says no to National Asset Reconstruction Company, says will pursue own NPA aggregator – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-says-no-to-national-asset-reconstruction-company-says-will-pursue-own-npa-aggregator/articleshow/82357799.cmsSynopsis At the same time the bank is still pursuing its objective of a majority owned asset reconstruction company (ARC) and is waiting for
How to claim Rs 2 lakh govt insurance against unfortunate Covid death–business today
Clipped from: https://www.businesstoday.in/money/insurance/lost-dear-one-to-covid-check-out-eligibility-for-rs-2-lakh-govt-insurance-claim/story/437886.html There are some reports that the insurance claim under Pradhan Mantri Jeevan Jyoti Bima Yojana has to be made within 30 days after
health insurance reimbursement claim: Insurers should reimburse medical treatment at home when hospital beds unavailable: View – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/health-insurance/insurers-should-reimburse-medical-treatment-at-home-when-hospital-beds-unavailable-view/articleshow/82289093.cmsSynopsis Patients who are being forced to settle for medical treatment at home due to scarcity of hospital resources, will not be able to
MSMEs seek easing of NPA, compliance rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msmes-seek-easing-of-npa-compliance-rules/articleshow/82287398.cmsSynopsis The Federation of Indian Small and Medium Enterprises (FISME) also pitched for creation of a “war-room” to monitor prices of key raw materials
Assocham MSME chairman urges Centre to relax norms in view of second wave – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/assocham-msme-chairman-urges-centre-to-relax-norms-in-view-of-second-wave/articleshow/82320910.cmsSynopsis Assocham along with other national and regional organisations have urged the Centre to extend the deadline for statutory filings in view of the
Covid second wave: Industry body, MSMEs drag government, taxman to court over not extending deadlines – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/second-covid-wave-industry-body-msmes-drag-government-taxman-to-court-over-not-extending-deadlines/articleshow/82321202.cmsSynopsis Companies are worried that they would face penalties and jail term if they don’t follow deadlines. MUMBAI: An industry association and a group
cryptocurrency: Are your crypto investments legal? Here’s everything you need to know
Clipped from: https://economictimes.indiatimes.com/are-your-crypto-investments-legal-heres-everything-you-need-to-know/articleshow/82259869.cms?utm_source=Desktop&utm_medium=HP_ETGreatReads&utm_campaign=DPSynopsis Crypto exchanges like CoinSwitch Kuber have been key in supporting the government and helping investors join the bandwagon by self-regulating and obliging a
Soli J Sorabjee: A man of law and all things jazz | Business Standard News
Clipped from: https://www.business-standard.com/article/beyond-business/soli-j-sorabjee-a-man-of-law-and-all-things-jazz-121043001384_1.html Padma Vibhushan Soli Sorabjee died of Covid-19-related complications at 91 on April 30, 2021 Former Attorney General of India, Soli J Sorabjee. Photo:
Lack of Clarity: ICICI shuts out crypto trades – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/lack-of-clarity-icici-shuts-out-crypto-trades/articleshow/82337734.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis–India’s largest private sector lender ICICI Bank is distancing itself from Bitcoin and other cryptocurrencies amid conflicting signals from the Supreme Court and
KTIL top bidder for Lanco Hoskote Highway, NCLT approval awaited – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/ktil-top-bidder-for-lanco-hoskote-highway-nclt-approval-awaited/articleshow/78358155.cmsSynopsis A banker in the know of the developments said the committee of creditors (CoC) has recently approved the bid of Kalyan group entity
Jaypee Infratech insolvency: NBCC sweetens bid, to offer up to 1,903 acres land to lenders – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/jaypee-infratech-insolvency-nbcc-sweetens-bid-to-offer-up-to-1903-acres-land-to-lenders/articleshow/82315910.cmsSynopsis Earlier this month, NBCC and Mumbai-based Suraksha group submitted their fresh bids to acquire Jaypee Infratech through the insolvency process, as per the
COVID: SC warns against silencing people raising grievances on internet – The Financial Express
Clipped from: https://www.financialexpress.com/india-news/there-should-be-no-clampdown-on-citizen-seeking-covid-19-help-on-internet-say-sc/2243033/ The top court made clear that any attempt to clampdown on free flow of information on social media including the call for help
Bring Amnesty Scheme for Pre & Post GST Transactions–tax guru
Clipped from: https://taxguru.in/goods-and-service-tax/provide-relaxations-7-areas-gst-amid-covid-2nd-wave.html Tax Consultants & Practitioners Association of Kerala has written a letter to Finance Minister of India and requested to provide relaxations in certain areas of GST
Equalisation Levy – Know about Equalization Features, Penalty & Applicability–clear tax
Clipped from: https://cleartax.in/s/equalisation-levy/#rate Equalisation Levy was introduced in India in 2016, with the intention of taxing the digital transactions i.e. the income accruing to foreign e-commerce