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Madras HC bans functioning of ICFAI institutions

   15 June 2009 at 10:46

Madras High Court today banned the functioning of ICFAI University, Hyderabad, and the ICFAI National College in Tamil Nadu.Allowing a public interest litigation (PIL) petition filed by Dr G R Medical University Senate member K Rajendran, a Division ..

Posted in Civil Law |   411 Views


Biscuit makers want no excise duty, VAT at 4%

   15 June 2009 at 10:10

Biscuit manufacturers have sought abolition of excise duty and reduction in value added tax by as much as 4 per cent in the Budget, stating that the product is consumed by common man and also distributed as relief material.In a pre-budget memorandum ..

Posted in Taxation |   273 Views


Madras HC stays amenities charges from builders

   15 June 2009 at 10:08

The Madras High Court stayed collection of infrastructure and amenities charges by local bodies and regulatory agencies from building developers in the state. The amenities charge was introduced by the state government last year on all new buildings ..

Posted in Civil Law |   909 Views


Madras HC allows petitions challenging MBA, MCa admissions

   15 June 2009 at 10:07

The Madras High Court has allowed writ petitions challenging the orders of the Anna University and authorities by which the admission of students/petitioners to the petitioner institutions for MBA/MCA course was not approved for the academic year 20 ..

Posted in Students |   622 Views


Bangalore: Consumer court orders Indigo to pay compensation

   14 June 2009 at 20:05

A Consumer court has ordered private airliner IndiGo to pay Rs 20,000 as compensation to a police official after it refused to allow a criminal in his custody to board the aircraft from Mumbai to the city last year.In his order G Siddanagoud, Preside ..

Posted in Civil Law |   349 Views


Court allows Enforcement Directorate to question Satyam accu

   14 June 2009 at 20:03

A city court today granted permission to the Enforcement Directorate to record the statements of Satyam Computer Services founder B Ramalinga Raju and four other accused in the Satyam scam case.In his order, XIV Additional Chief Metropolitan Magistra ..

Posted in Criminal Law |   218 Views


SC: Person with doubtful integrity can't be appointed as chairpersons.

   14 June 2009 at 11:12

The Supreme Court has dismissed the petition filed by former Madras High Court judge N Kannadasan and the Tamil Nadu government challenging formers removal from the post of President of the State Consumer Dispute Redressal Commission as his integrity ..

Posted in Constitutional Law  1 comments |   402 Views


EXCISE CUTS MAY BE SELECTIVELY WITHDRAWN TO BOOST REVENUES

   13 June 2009 at 12:00

The Union finance ministry is considering an increase in the central excise duty for some of the products that had benefited from the two rounds of reductions announced by the government as part of its fiscal stimulus measures last year. In December ..

Posted in Taxation |   139 Views


GJEPC WANTS TURNOVER TAX TO REPLACE ALL DIRECT TAXES

   13 June 2009 at 11:59

Gem and Jewellery Export Promotion Council (GJEPC), the all-India apex body of the industry representing 5,500 members, has proposed to replace all forms of direct taxes with a levy of one per cent turnover tax. In its pre-budget memorandum to the G ..

Posted in Taxation |   127 Views


Sebi notifies delisting norms

   13 June 2009 at 10:05

The market regulator securities and exchange board of India (Sebi) has notified the Sebi (Delisting of Equity Shares) regulations, 2009, which would govern the normal guidelines to be followed by a company for delisting its shares from a stock exchan ..

Posted in Corporate Law |   305 Views