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SC gives conditional nod to debt transactions by banks

   17 February 2009 at 10:46

The Supreme Court on Monday temporarily allowed the banks to go ahead with transactions related to assigning of debts subject to final disposal of their petitions.Three private banks - ICICI Bank, Kotak Mahindra Bank and Standard Chartered Bank - ha ..

Posted in Others |   175 Views


Striking lawyers get their way, HC rolls back conduct code

   17 February 2009 at 06:39

Chennai, January 24 The Supreme Court has empowered high courts to frame rules laying down conditions for lawyers to practice. And yet in a bid to end the month-long standoff, the Madras High Court today withdrew its code of conduct for lawyers. The ..

Posted in Others |   241 Views


Code of conduct must for lawyers and police

   17 February 2009 at 06:38

MADURAI: A code of conduct should be laid down for lawyers as well as the police to avoid frequent frictions between the two, the Chief Justice of Madras High Court, Ajit Prakash Shah, has said. Addressing the Southern Districts’ Bench and Bar Meet ..

Posted in Others |   464 Views


No relief to individual tax-payers

   16 February 2009 at 18:07

If individual tax-payers, like the corporate sector, had hopes of relief in the interim budget, the government has thrown a wet blanket on them, despite stating recently that there was no Constitutional bar on providing fiscal concessions."Constituti ..

Posted in Others |   181 Views


Highlights of interim budget

   16 February 2009 at 18:06

Highlights of interim budget New Delhi, Feb 16 (IANS) Following are the highlights of the interim budget presented by Minister for External Affairs Pranab Mukherjee in the Lok Sabha Monday:* Plan expenditure for 2009-10 pegged at Rs.953,231 crore (Rs ..

Posted in Others |   181 Views


Union Budget 2009-2010 Summary

   16 February 2009 at 15:19

Budget Summary INTERIM BUDGET 2009-2010The Interim Budget highlights the focus on aam aadmi in the development process. The year 2008-09 has seen substantial increase in outlays spanning across sectors.Continuing the trend, the budget for 2009-10 wil ..

Posted in Others |   202 Views


Australian Court Fines Air France, KLM For Price Fixing

   16 February 2009 at 12:55

Australian Court Fines Air France, KLM For Price Fixing16 Feb 2009, 1101 hrs IST, AFP Text: SYDNEY: An Australian court has fined four Europe-based airlines a total of 16 million dollars (10.4 million US) for price fixing, the country's competition w ..

Posted in Others |   136 Views


Prime Minister approves Interim Budget for presentation.

   16 February 2009 at 09:38

Prime Minister approves Interim Budget for presentation. The Prime Minister Dr Manmohan Singh has gone through the interim budget related papers and has formally signed the papers forwarding them to the President. Dr. Singh also approved the interim ..

Posted in Others |   217 Views


Complex adoption laws breed commercial surrogacy: experts

   15 February 2009 at 18:54

Intricacies in adoption law have paved way for India to become the hub of commercial surrogacy which legal experts say poses many challenges for the country, including threats of mushrooming of rackets on the "renting of wombs" in absence of proper f ..

Posted in Others |   181 Views


HC gives 4 min 55 sec to a matter's hearing in a day

   15 February 2009 at 18:52

Four minutes and 55 seconds. That is all that the Delhi High Court manages to spare on an average for a matter's hearing in a day due to the burden on its judges, raising concerns among litigants that their cases may not be decided during their lifet ..

Posted in Others |   170 Views