3/31/2009Delhi Developement Authority(DDA) told the Delhi High Court that it will not allot the flats to the applicants till the investigation being carried out by the the economic offence wing (eow) is complete.Arguing before Justice Hima Kohli the ..
INDEPENDENT DIRECTORS: CLAUSE 49 IS FINE, BUG LIES IN APPOINTMENTS Even as corporates generally appreciate the prescribed corporate governance norms set out in Clause 49 of the Listing Agreement, a Grant Thornton-Ficci study reveals the bane of the i ..
3/23/2009The Bajaj Alliance logo on the Rajasthan Royals team jersey will not be seen anymore as the contract between the duo has been terminated before the Delhi High Court.Both the parties made a compromise before the Delhi High Court and the contr ..
New Delhi, Mar 22 (UNI) The Supreme Court has held that State Electricity Board has the power to revise power tariff if the State Electricity Regulatory Commmission has not been constituted.A three-judge bench comprising Justices S B Sinha, Asok Kuma ..
In a landmark judgment that could be a boon for penury-ridden students, the Madurai Bench of Madras High Court (HC) had ruled that the educational loans being provided by the banks would only be meant for meritorious and poor students, who could not ..
New Delhi, March 17 The CA Institute President said that the RBI circulars on bad loan recognition and provisioning could distort bank balance sheets as on March 31 this year. When asked as to what course of action would he expect the central bank to ..
SECTION 16 of the Arbitration and Conciliation Act, 1996 (`the Act') does not take away the jurisdiction of the Chief Justice of India or his designate, if need be, to decide the question of the `existence' of the arbitration agreement.Merely because ..
Stock markets have fallen worldwide, rattled by fears that turmoil in the financial sector is far from over. On Wall Street, the US Dow Jones index fell below 7,000 points for the first time since October 1997. In the UK, the FTSE 100 index briefly h ..
SC Admits Pleas Against SEBI The Supreme Court on Monday admitted petitions filed by directors of Bonanza Biotech Ltd challenging SEBI's decision that banned the latter from securities market for seven years. With this, it also admitted another petit ..
India Lifts Import Ban On Chinese ToysDated : 2 Mar 2009, 1440 hrs IST, Sources : PTI NEW DELHI: Text: India on Monday lifted the ban on importing toys from China provided they conform to international safety norms. India had earlier on January 23 ba ..
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