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Lawyersclubindia News


RBI ruling to check card frauds

   22 May 2009 at 16:26

From August 1, you need not think twice before letting your credit card out of sight at a restaurant, petrol pump or any other merchant establishment. The details printed on your card including the card number, expiry date and three-digit card securi ..

Posted in Corporate Law |   265 Views


Global law entrance test now in India

   22 May 2009 at 13:19

Computerised LSAT will be held on May 24 in 14 cities Author : Prachi Nayak/DNAThe leaking of the CLAT (Common Law Admission Test) papers last week has left over 13000 students in a lurch. Thus, making computer based testing the need of the hour. For ..

Posted in Others |   277 Views


Safeguarding against import surge from Singapore

   22 May 2009 at 10:43

The domestic industry need not, hereafter, unduly worry about any surge in imports from Singapore on account of the preferential treatment under the India-Singapore Comprehensive Economic Cooperation Agreement (CECA).The Centre has now put in place a ..

Posted in Others |   307 Views


Benami deals: Money launderers use bank drafts as tools

   22 May 2009 at 10:42

The finance ministry is investigating the rampant misuse of bank drafts, which have turned tools for money launderers to transfer big sums of money.According to a report of the economic intelligence bureau of the finance ministry, ‘street finan ..

Posted in Corporate Law |   401 Views


Notification of SEBI (Investor Protection and Education Fund

   22 May 2009 at 10:42

SEBI has notified the SEBI (Investor Protection and Education Fund) Regulations, 2009, on May 19, 2009, with a view to strengthening its activities for investor protection.The salient features of these regulations are as follows:The Fund shall be us ..

Posted in Corporate Law |   314 Views


PAN Required for Transfer of Shares in Physical Form

   22 May 2009 at 10:37

CHIEF GENERAL MANAGERMarket Regulation DepartmentEmail: mdrao@sebi.gov.inMRD/DoP/ Cir-05/2009May 20, 2009ToThe Managing Directors / Chief Executive Officers /Executive Directors / Officiating Executive Directorsof all the Stock Exchanges,Registrars ..

Posted in Corporate Law |   259 Views


ICICI fined for denying credit card to lawyer

   21 May 2009 at 21:14

The Delhi Consumer Commission on Friday fined ICICI Bank Rs 10 lakh for denying a credit card to an advocate on grounds that the profession is of a “negative profile”.Taking the bank to task for indulging in “cavalier conduct and unpardonable neglige ..

Posted in Others |   493 Views


New TDS and TCS payment and information reporting system

   21 May 2009 at 16:53

New TDS and TCS payment and information reporting system - Notification No. 858(E), dated 25th March, 2009 published in Official Gazette Circulars No. 02/2009 Dated 21-5-2009 The Finance Act, 2008 inserted a new sub-section (1A) in section 143 of t ..

Posted in Taxation |   502 Views


SC: CONSTITUTION BENCH TO TAKE UP RESERVATION MATTER

   21 May 2009 at 15:29

SC: Constitution bench to take up relaxation in general category A three-judge bench of the Supreme Court has referred to a five-judge Constitution bench the issue whether the candidates selected from the general category can be allowed to ..

Posted in Constitutional Law |   307 Views


SC : IMPOSES RS.10 LAKH EXEMPLARY COST ON STATE OF KARNATAKA

   21 May 2009 at 15:24

SC imposes Rs 10 lakh on Karnataka land case Coming down heavily on public servants who collude with unscrupulous elements to defraud the state exchequer of huge amounts by deliberately delaying appeals in superior courts, the Supreme Cour ..

Posted in Constitutional Law |   333 Views