Constitution of India – Article 142–Motor Vehicles Act, 1988–Sections 147, 149, 166 and 168–Insurance Act, 1938–Section 64VB–Compensation–Liability of insurer–Premium paid by cheque–But cheque dishonoured–Insurance policy
Category: News of interest
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Whether Insurance Company, was absolved of its obligations to third party because cheque given got dishonoured –Source Manupatra–decided by Supreme Court on 17.04.2012
Held, Section 64VB of Insurance Act provided that no risk was assumed by insurer unless premium payable was received in advance – Where policy of
Whether dishonour of post-dated cheque described as security in loan agreement is covered by Section 138 of Act, 1881 ?–Source Manupatra–Case decided by Supreme Court on 19.09.2016
Facts of the case The Appellant was Director of the company whose cheques have been dishonoured and who was also the co-accused. Vide the loan
Careful not to spook bankers, will hit lending – The Financial Express–04.04.2018
At a time when PSU banks are already reeling under the onslaught of bad news, the last thing they need is to feel that every
UIDAI unfurls beta version of Virtual ID; can be used in place of Aadhaar | Business Standard News–04.04.2018
The UIDAI has unveiled the beta version of the much-awaited ‘Virtual ID’, and promised that service providers will “soon” start accepting the same in lieu of Aadhaar number.
Several systemic loopholes led to PNB loan fraud, says ICAI panel–Business Today–04.04.2018
A high-power group, constituted by the Institute of Chartered Accountants of India (ICAI) to look into the PNB loan fraud case, has found systemic failure at many
15th Finance Commission–South should let 2011 population be–Economic Times–03.04.2018
Southern states are miffed over the mandate to the Fifteenth Finance Commission to use the population figures of 2011 instead of 1971 as a criterion
Insolvency and Bankruptcy Board of India | Eligibility Criteria–02.04.2018
Insolvency and Bankruptcy Board of India 02nd November, 2017 Limited Insolvency Examination, 1st January 2018 The Board hereby specifies under regulation 3(3) of the Insolvency
Across the aisle: One-man band cannot make music, says P Chidambaram – The Financial Express–02.04.2018
There is a new Cold War in the world. It is not between the United States and Russia; that is a diplomatic war between a
Our laws have enough provisions to book those misusing data: Prasad | Business Standard News–02.04.2018
Over recent weeks, there has been a controversy related to misuse of Facebook data to influence elections by London-based Cambridge Analytica. Ravi Shankar Prasad, Union minister for electronics
More jobs, please! Indian youth don’t want to be just pakodawallas–Times of India–Mr.Chetan Bhagat–02.04.2018
A Twitter survey was conducted on India’s job situation — informal, not scientific, usual disclaimers apply — on my account. More than 20,000 people participated.
WhatsApp privacy at risk: Users chat activity can be tracked–Deccan Chronicle–02.04.2018
The report asserts that it informs users how often their friends check the micro-blogging platform and can also estimate when they go to bed every
15th Finance Commission changed the criteria for revenue sharing to the states | दक्षिणदाह की द्रोह? | –Loksatta–02.04.2018
पंधराव्या वित्त आयोगाने राज्यांना दिल्या जाणाऱ्या महसूल वाटणीचे निकष बदलल्याने दक्षिणेतील राज्यांत असंतोष पसरला असून तो चिंता वाढवणारा आहे.. आजपासून बरोबर दोन वर्षांनी, १ एप्रिल
GST Rates: GST exemption limit enhanced to Rs 7,500 for monthly charges paid to a housing society – Times of India–01.04.2018
Highlights Monthly maintenance charges of housing societies till Ra 7,500 have been exempted from GST Earlier GST was applicable if the monthly bill was more
ICICI Bank loan row: Seems to be work of some vested interest, says Videocon chairman Venugopal Dhoot – The Hindu–01.04.2018
Venugopal Dhoot, chairman of consumer durable-to-oil conglomerate Videocon Industries, has asserted that his firm got no favours from the Chanda Kochhar-led ICICI Bank, nor did
Travesty Of Justice- Business News–Business Today–01.04.2018
In 1963, members of a family – which shall remain unnamed – fighting over property, filed a suit in a trial court in Bombay (as
Income tax: How your financial life is going to change completely from April 1 – The Economic Times–01.04.2018
All taxpayers will pay a bit of more tax due to hike in and education cess. Budget 2018 had proposed to hike cess on income
E-way bill under GST: Why this system is extremely important – The Financial Express–01.04.2018—–*****
E-way bill system is extremely important, both for the government as well as industry. While the government expects the GST collections to significantly improve, the
Autism Stem Cell Therapy | ऑटिझमवरील ‘स्टेम सेल थेरपी’ म्हणजे पालकांची लूट! | Loksatta–31.03.2018
डॉक्टरांचा चर्चासत्रातील सूर, उपचार पद्धती प्रभावी नसल्याचा दावा ऑटिझमला (स्वमग्नता) कारणीभूत ठरणाऱ्या मज्जासंस्थेच्या बिघाडावर मात करण्यासाठी स्टेम सेल थेरपी प्रभावी असल्याचा दावा फसवा आहे, असा
Here’re the key tax changes that will come into effect from April 1, 2018 | Business Standard News–30.03.2018
Several budget proposals including the reintroduction of the tax on long-term capital gains(LTCG) exceeding Rs 100,000 from the sale of shares will kick in from April 1, the beginning
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