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Lawyersclubindia News


RBI to implement revised guidelines on financial conglomerat

   09 September 2009 at 14:58

Reserve Bank of India (RBI) will shortly operationalise the revised regulatory framework for financial conglomerates in a bid to improve security, a top central banker said today.The apex bank will also shortly come out with a draft discussion paper ..

Posted in Corporate Law |   246 Views


Regional bourses can help increase compliance by market play

   09 September 2009 at 14:58

SEBI’s regulations might have forced regional exchanges to exit from the market. Still, with their long history these exchanges can help in increasing the participation of retail investors and the compliance levels of brokers and intermediaries ..

Posted in Corporate Law |   187 Views


e-payment facility launched for VAT dealers

   09 September 2009 at 14:57

Having achieved 100 per cent e-filing of returns, the State Government has taken the next logical step of introducing ‘e-payment’ to all its registered VAT dealers.e-payment has been made mandatory for all TIN dealers from September 1. It ..

Posted in Taxation  1 comments |   471 Views


‘Govt committed to insurance FDI Bill’

   09 September 2009 at 14:56

The government is committed to clear the Insurance Amendment Bill that seeks to raise foreign direct investment (FDI) limit in the sector to 49% from the current 26%, minister of state for finance Namo Narain Meena said on Tuesday.“This is und ..

Posted in Corporate Law |   136 Views


Bombay HC issues restraint order on Jet pilots strike

   09 September 2009 at 11:19

Jet Airways secured restraint order from Bombay High Court against any strike by its employees, after more than half of its pilots went on a mass sick leave forcing cancellation of about 190 flights by 1400 hrs. Jet, in their plea, had termed the agi ..

Posted in Labour & Service Law |   488 Views


Ajmal Amir Kasab Trial: 26/11 court seeks articles seized fr

   09 September 2009 at 11:18

Justice M L Tahliyani, presiding over the 26/11 trial court, directed the Rampur Magistrate court, which had initially remanded accused Fahim Ansari, to hand over the articles seized from him. Justice Tahliyani ordered the Magistrate court to entrust ..

Posted in Criminal Law |   195 Views


Law Minister: Need to infuse accountability in judiciary

   09 September 2009 at 11:16

Union Law Minister Veerappa Moily said the judiciary needed to be held accountable for its actions."We have the best and independent judiciary but independence without accountability is of no use," Mr Moily said, addressing the National con ..

Posted in Others |   170 Views


SC admits Jaswant Singh's petition on book ban

   09 September 2009 at 11:13

The Supreme Court today admitted the petition of expelled BJP leader Jaswant Singh challenging the ban imposed by the Gujarat Government on his controversial book ‘Jinnah-India Partition Independence’ in the state.The State government ha ..

Posted in Constitutional Law |   171 Views


BJP moves SC on Jharkhand assembly polls

   09 September 2009 at 11:13

The BJP has moved the Supreme Court seeking directions to the Election Commission to hold fresh Assembly elections in Jharkhand.The Assembly in Jharkhand has been under suspended animation for more than six months.According to the BJP, no party or g ..

Posted in Others |   126 Views


PETITIONER MUST BE PRESENT AT THE TIME OF FILING PLEA:SC

   08 September 2009 at 20:45

The Supreme Court has ruled that the election petitioner must be personally present at the time of filing the petition under section 81(1) of the Representation of the People’s Act in the High Court.A bench comprising Justices DK Jain and P Sat ..

Posted in Others |   236 Views