Clipped from: https://www.financialexpress.com/industry/sme/crores-of-traders-urge-fm-nirmala-sitharaman-to-defer-gst-income-tax-compliances-by-three-months/2239771/ Covid impact on MSMEs: “The daily business loss due to lockdown in Delhi is likely to be around Rs 600 crore while for
Category: Legal
Police book Indiabulls promoters, directors; firm moves court to quash FIR | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/police-book-indiabulls-promoters-directors-firm-moves-court-to-quash-fir-121042700022_1.html The Enforcement Directorate (ED) is learnt to have reached out to the police team seeking details of the case, a senior official confirmed
Election Commission responsible for spreading Covid-19, should probably be booked for murder: Madras HC | India News,The Indian Express
Clipped from: https://indianexpress.com/article/india/eci-responsible-for-spreading-covid-19-says-madras-hc-7289824/ Criticising the ECI for not stopping political parties from violating the Covid protocols, the first bench of Chief Justice Sanjib Banerjee and Justice
End arbitrary account-freeze by banks | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/end-arbitrary-account-freeze-by-banks-121042600015_1.html A longer-term solution is to allow customers to easily vote with their feet Sometime last year, Arun Jain’s (name changed) tax-refund cheque was
63Moons moves NCLT against Piramal ascribing ₹1 value to DHFL’s ‘recoverable’ assets – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/63moons-moves-nclt-against-piramal-ascribing-1-value-to-dhfls-recoverable-assets/article34407627.ece 63Moons Technologies has dragged Piramal Capital and Housing Finance to the National Company Law Tribunal (NCLT) for ascribing ‘₹1’ value to the assets
IBC mechanism ready to take up cases after a year-long hiatus | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/statsguru-ibc-mechanism-ready-to-take-up-cases-after-a-year-long-hiatus-121032800774_1.html As many as 1,942 cases are currently going on under the Code (as of September 2020) A summary analysis of about 280 resolutions
Irdai slaps Rs 51 lakh fine on four insurers for violation of norms | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/irdai-slaps-rs-51-lakh-fine-on-four-insurers-for-violation-of-norms-121041800452_1.html Regulator Irdai has imposed a penalty of Rs 51 lakh on four insurers, including SBI General Insurance Company, for violation of certain norms
How to select the right insurance cover for your vehicle – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-to-select-the-right-insurance-cover-for-your-vehicle/article34402660.ece Select a policy that insures your vehicle in all situations According to the Motor Vehicles Act 1988, it is mandatory for all vehicles
BoM aims to resolve 20-25 stressed MSME loans under pre-packaged resolution process – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/bom-aims-to-resolve-20-25-stressed-msme-loans-under-pre-packaged-resolution-process/articleshow/82226964.cmsSynopsis Earlier this month, the government had introduced a pre-packaged insolvency resolution process for stressed MSMEs by amending the insolvency law. MUMBAI: State-ownedBank of
Force Majeure: How successful has the law been post Covid in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/force-majeure-how-successful-has-the-law-been-post-covid-in-india/articleshow/82227338.cmsSynopsis Law relating to force majeure is quite settled and one requirement of law that when the contract itself provides for the force majeure
Reserve Bank of India bans Amex, Diners from selling new cards from May 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/reserve-bank-of-india-bans-amex-diners-from-selling-new-cards-from-may-1/articleshow/82218334.cmsSynopsis The action has been take as these entities have been found non-compliant with the directions on storage of payment system data which the
SC terms Covid-19 situation ‘national emergency’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/sc-terms-covid-19-situation-national-emergency/article34384187.ece?homepage=true The court has agreed to hear Vedanta plea of free oxygen supply The Supreme Court Thursday termed the Covid-19 situation as almost a
Tangled reasoning – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/tangled-reasoning/article34378329.ece The NCLAT ruling on clearing spectrum dues is full of contradictions The National Company Law Appellate Tribunal’s (NCLAT’s) ruling on ownership of spectrum
‘Facebook users must make their profile as private as possible’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/facebook-users-must-make-their-profile-as-private-as-possible/article34368465.ece Facebook users can strengthen their accounts’ privacy settings by making their profile as private as possible and refraining from giving private information in
SC triggers Article 224A to appoint ad hoc judges – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/sc-triggers-article-224a-to-appoint-ad-hoc-judges/articleshow/82167042.cmsSynopsis Article 224A of the Constitution allows the Chief Justice of a High Court to appoint a person who has been a judge earlier
Rational Expectations: Another pyrrhic telecom victory – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rational-expectations-another-pyrrhic-telecom-victory/2237615/ The NCLAT verdict on spectrum is a big win for govt but it hits govt-owned banks, yet another example of poor policy The
GST law: Taxman must not proceed to attach property in haste, says SC – The Financial Express
Clipped from: https://www.financialexpress.com/economy/gst-law-taxman-must-not-proceed-to-attach-property-in-haste-says-sc/2236933/ The SC’s ruling comes at a time when the government is showcasing the recent months’ surge in GST collections as proof of effective
Yet another data leak: One million credit cards of Domino’s Pizza customers | Business Standard News
lipped from: https://www.business-standard.com/article/companies/yet-another-data-leak-one-million-credit-cards-of-domino-s-pizza-customers-121041900731_1.html Data is worth 13 terabytes and also includes 180 million orders with phone nos, emails, addresses, and payment details, says intelligence firm chief
SC stays proceedings before Delhi HC in Amazon Future case – RELIANCE FUTURE RETAIL CASE: The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/sc-stays-further-proceedings-in-amazon-future-reliance-case/articleshow/82142343.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Amazon had moved the apex court on April 8 challenging the Delhi High Court’s division bench order that had vacated a stay on
Why use muscle? Big data can collect debt without harassment – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/view-why-use-muscle-big-data-can-collect-debt-without-harassment/articleshow/82137014.cmsSynopsis By training the algorithms to mine the data, the big data analytics can now predict which customers will most likely resume paying after
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