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Lawyersclubindia News


CCI to play crucial role in the vibrant Indian market

   12 June 2009 at 11:11

Competition Commission of India to play crucial role in the vibrant Indian market – Salman Khurshid The Minister for Corporate Affairs, Shri Salman Khurshid here today inaugurated the first National Conference on ‘State of Competition in ..

Posted in Corporate Law |   265 Views


VAT hike on handsets may bring in less tax for state

   12 June 2009 at 10:03

The decision of the Maharashtra government to hike VAT (value-added tax) on mobile handsets could actually result in a drop in the state’s VAT collections, says Indian Cellular Association, the industry body for handset manufacturers.In the sta ..

Posted in Taxation |   144 Views


Liquidation process for cos to be streamlined soon

   12 June 2009 at 10:02

The ministry of corporate affairs (MCA) is planning to take up a comprehensive project for streamlining the process of liquidation of companies, a major hurdle for India.A senior MCA official told FE, “In order to have a faster and transparent ..

Posted in Corporate Law |   188 Views


Rules on candidate selection can't be changed midstream: SC

   11 June 2009 at 20:31

Selection committees cannot change the rules midstream to favour particular candidates at the cost of other geniune aspirants, as such procedures are impermissible under law, the Supreme Court has ruled."We are not disputing the fact that in mat ..

Posted in Labour & Service Law |   710 Views


Telgi sentenced to seven years RI, fined Rs 1.3 crore

   11 June 2009 at 20:30

A Delhi court on Thurday sentenced fake stamp papers scam kingpin Abdul Karim Telgi to seven years rigorous imprisonment and imposed a total fine of Rs 1.30 crore in three separate cases. Additional Chief Metropolitan Magistrate Sanjay Bansal pronoun ..

Posted in Criminal Law |   220 Views


SC: WITNESS PROTECTION A MUST.

   11 June 2009 at 14:54

Witness protection a must to make justice a reality: SC 11 Jun 2009, 0134 hrs IST, Dhananjay Mahapatra, TNN Print Email Discuss ..

Posted in Criminal Law |   361 Views


IRDA TO INTRODUCE UNIFORM VALUATION NORMS FOR INSURERS

   11 June 2009 at 12:54

Insurance Regulatory & Development Authority (IRDA) has decided to make the valuation exercise of insurance companies simpler and homogeneous. It will shortly introduce a uniform and standard valuation methodology based on the companies’ e ..

Posted in Corporate Law |   247 Views


SERVICE TAX MAY CLIMB BACK TO 12%

   11 June 2009 at 12:54

The government is considering a proposal to restore the rate of service tax to its earlier level of 12%. The government had reduced the service tax rate to 10% in the third stimulus package which was unveiled in February. This option of withdrawing t ..

Posted in Taxation |   168 Views


Additional Judges of Patna High Court appointed

   11 June 2009 at 11:03

Additional Judges of Patna High Court appointed In exercise of the powers conferred by clause (1) of Article 224 of the Constitution of India, the President is pleased to appoint (i) Smt. Anjana Prakash and (ii) Shri Jyoti Saran as Additional Judges ..

Posted in Legal Documents |   1052 Views


CCI to organize a two-day National Conference on the State

   11 June 2009 at 10:54

Competition Commission of India to organize a two-day National Conference on the State of Competition in the Indian Economy from tomorrow The Competition Commission of India (CCI) is organizing a two-day National Conference on the ‘State of Com ..

Posted in Corporate Law |   232 Views