lipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/jaypee-infra-insolvency-nbcc-suraksha-submit-revised-bids/articleshow/82551233.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis New Delhi, May 11 () State-owned NBCC and Suraksha group, which are in the race to acquire Jaypee Infratech under the insolvency resolution
Category: Legal
Time to slash stamp duty – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/time-to-slash-stamp-duty/article34528970.ece The Damani property deal must lead to a rethink In one of the biggest property deals, DMart founder Radhakishan Damani and his brother,
Implementation of Labour Codes may be pushed to next year – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/policy/implementation-of-labour-codes-may-be-pushed-to-next-year/articleshow/82532157.cmsSynopsis The Centre is no longer pursuing states to hasten the process of framing rules for the four codes, as the focus has shifted
All you wanted to know about fractional ownership – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article34528997.ece?homepage=true The term ownership usually signifies exclusive right over an asset. But what if the starting price of such an asset is out of
What happens to investments when the holder dies without nominating anyone? | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/what-happens-to-investments-when-the-holder-dies-without-nominating-anyone-121050701160_1.html Your family could face difficulties as getting a succession certificate from the court is easier said than done The second wave of Covid-19
Claim can’t be denied on frivolous grounds | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/claim-can-t-be-denied-on-frivolous-grounds-121050900702_1.html As for the purchase of raw materials from its sister concern, the National Commission observed this was properly recorded and there were corresponding
Court directs BIS not to take action against jewellers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/court-directs-bis-not-to-take-action-against-jewellers/article34521308.ece The Nagpur Bench of Bombay High Court has restrained the Consumer Affairs Ministry from taking any coercive action against jewellers for holding non-hallmarked
Medical disasters and the role of law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/medical-disasters-and-the-role-of-law/article34521886.ece When powers are conferred to a matrix of authorities, courts cannot displace, much less brush, them aside and assume their role In the
Now, another tool for SBI to resolve stress – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/now-another-tool-for-sbi-to-resolve-stress/article34521272.ece Bank pursuing board approval for policy framework on pre-packs, says MD State Bank of India sees the recently-introduced pre-packaged insolvency resolution process (PPIRP)
With banks blindsided by Covid-19, incidence of fraud may well have gone up | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/with-banks-blindsided-by-covid-19-incidence-of-fraud-may-well-have-gone-up-121050900804_1.html RBI’s supervisory load has also gone up, with both non-banking financial companies and urban co-operative banks coming under closer scrutiny The shadow of
What happens to investments when the holder dies without nominating anyone? | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/what-happens-to-investments-when-the-holder-dies-without-nominating-anyone-121050701160_1.html Your family could face difficulties as getting a succession certificate from the court is easier said than done Image: iStock The second wave
rt pcr report: Some Indians, including well-off ones, forging negative RT-PCR reports – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/some-indians-including-well-off-ones-forging-negative-rt-pcr-reports/articleshow/82490609.cmsSynopsis Forgery of an RT-PCR test is punishable under IPC and under disaster management acts. Lawyers say IPC sections can include 419 (punishment for
Arbitration in India not only needs to be institutionalised, but also should be assuring and affordable – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-arbitration-in-india-not-only-needs-to-be-institutionalised-but-also-should-be-assuring-and-affordable/articleshow/82505262.cmsSynopsis The Supreme Court took note of this malaise in the 2009 ‘Union of India vs Singh Builders Syndicate’ case by observing that ‘…the
How to dodge QR code scamsters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-to-dodge-qr-code-scamsters/article34516959.ece Victims are trapped due to lack of QR code know-how, social engineering tactics of fraudsters In the backdrop of the pandemic, online/digital payments
Why you should to be wary of credit card mis-selling – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/why-you-should-be-wary-of-credit-card-mis-selling/article34517970.ece Over 28,000 complaints were received with respect to credit card mis-selling in FY20 Following the financial turmoil from the pandemic, customer interest for
Covid-19 crisis: SC orders release of prisoners to decongest jails | Deccan Herald
Clipped from: https://www.deccanherald.com/national/covid-19-crisis-sc-orders-release-of-prisoners-to-decongest-jails-983754.html It also directed the high-powered committees to consider the release of fresh prisoners Supreme Court of India. Credit: PTI File Photo The Supreme
CBIC allows import, export of goods without furnishing bonds to Customs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cbic-allows-import-export-of-goods-without-furnishing-bonds-to-customs/articleshow/82479122.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis CBIC said importers and exporters will have to furnish an undertaking to the Customs authorities in lieu of the bonds till June 30.
A bit too socially restrictive, SEBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-bit-too-socially-restrictive-sebi/articleshow/82464311.cmsSynopsis The classification of eligible activities should be flexible, within limits. And, indeed, these should target underprivileged groups. However, there is no reason to
FPIs seek three months more to implement Sebi diktat on monitoring DRs | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/fpis-seek-three-months-more-to-implement-sebi-diktat-on-monitoring-drs-121050700973_1.html Cite legal hurdles and challenges in implementing the circular in its present form The diktat requires custodians to collect and report information on
Ask Money Today: How does Capital Gains Account Scheme work in buying a house property?
Clipped from: https://www.businesstoday.in/money/ask-money-today/ask-money-today-how-does-capital-gains-account-scheme-work-in-buying-a-house-property/story/438363.html It is required to utilise capital gains amount towards acquisition of property before filing of ITR. If you don’t, then this amount should
