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Lawyersclubindia News


MAHARASHTRA STATE CONSUMER COMMISSION DISMISSES COMPLAINT OF

   06 September 2009 at 18:53

A complaint of medical negligence against Dr. L.H.Hirandani Hospital and 3 doctors and a nurse filed by another doctor whose mother expired in this hospital was dismissed by the state consumer forum on 17th October 2008.Grievance of the complainant ..

Posted in Others |   284 Views


Gas row: NTPC moves SC against RIL

   05 September 2009 at 15:02

State-run power PSU NTPC on Saturday moved the Supreme Court challenging the Bombay High Court judgement that allowed Mukesh Ambani Group company RIL to amend its petition on the gas dispute. A ministerial group had approved $4.2 per mmBtu as the va ..

Posted in Corporate Law |   219 Views


New Sebi norms reduce public issue time to 10 days

   05 September 2009 at 14:50

The Securities and Exchange Board of India (Sebi) has notified new guidelines that, among other things, reduces the overall time period for public issues to 10 days, and seeks disclosures relating to pledged shares in the prospectus. The new guideli ..

Posted in Corporate Law |   241 Views


e-stamping for Chennai soon

   05 September 2009 at 14:49

No more stamp paper. Now an electronic certificate will be stamped with the security features on the document. The e-stamp initiative is all set to be launched in Chennai. Tamil Nadu Minister for Registration and Tourism N. Suresh Rajan recently insp ..

Posted in Others |   266 Views


SUB-BROKERS MAY NOT NEED SEBI STAMP, SELF-REGULATOR ON ANVIL

   05 September 2009 at 13:06

Sub-brokers in the stock market are likely to be exempted from the requirement of registering with the capital market regulator before starting their operations as per a proposal under consideration of the finance ministry and the Securities and Exch ..

Posted in Corporate Law |   255 Views


COS LIABLE FOR INTEREST ON WRONGLY TAKEN CENVAT CREDIT

   05 September 2009 at 13:05

The Finance Ministry has made it clear that interest liability will arise on companies in situations where Cenvat credit had been wrongly taken, but not utilised. A clarification circular to this effect was issued by the Central Board of Excise and C ..

Posted in Taxation |   281 Views


SEBI gets tough on promoters issuing preferential warrants

   05 September 2009 at 12:30

The Securities and Exchange Board of India is turning a stricter eye on company promoters who have been issued preferential warrants, saying that they will have to forfeit the upfront payment made on unexercised warrants.This is contained in its rece ..

Posted in Corporate Law |   273 Views


FDI norms liberalised for small scale sector

   05 September 2009 at 12:28

To help cash-strapped micro and small enterprises attract higher overseas investment, the government today liberalised the FDI norms for the sector replacing the current 24% ceiling on foreign holding with the sectoral caps.These industries will now ..

Posted in Corporate Law |   239 Views


52 proposals cleared before Code of Conduct guidelines issue

   05 September 2009 at 11:32

The Thane Municipal Corporation (TMC)'s Standing Committee cleared 52 proposals in its final meeting before the announcement of the state assembly polls on Monday afternoon. The TMC has, due to the passage of resolutions, got a chance to utilise the ..

Posted in Others  1 comments |   238 Views


Lawyers hold dharna outside district judge's chamber

   05 September 2009 at 11:31

For the first time, striking lawyers organized a dharna outside the district judge's chamber here on Friday to press for their demand for the latter's transfer by the Gujarat High Court. Babu Rayka, in-charge president, Surat District Bar Associatio ..

Posted in Others |   121 Views