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Lawyersclubindia News


Irretrievable breakdown of marriage, only SC can grant divor

   04 September 2009 at 14:01

No court in the country except the Supreme Court can grant divorce on the ground of irretrievable breakdown of matrimonial relationship.‘This doctrine of irretrievable breakdown of marriage is not available even to the High Courts which do not ..

Posted in Family Law  2 comments |   3860 Views


Shri R. Bandyopadhyay takes over as the New Secr. Corp Affai

   04 September 2009 at 10:51

Shri R. Bandyopadhyay takes over as the New Secretary, Ministry of Corporate Affairs SHRI ANURAG GOYAL JOINS THE COMPETITION COMMISSION OF INDIA AS MEMBERShri R. Bandyopadhyay joined as the new Secretary in the Ministry of Corporate Affairs here toda ..

Posted in Corporate Law |   158 Views


HC asks lawyer to move CS to resolve power crisis

   03 September 2009 at 17:28

Patna High Court on Wednesday disposed of a PIL filed by lawyer Kalpana, who sought a full-time secretary in charge of the energy department in view of the serious power crisis in the state. The court asked her to make a representation in this rega ..

Posted in Others |   186 Views


SC guidelines flouted with impunity

   03 September 2009 at 17:27

The accident on Wednesday, which left two students dead and nine others injured has once again brought to the fore the callousness on the part of school authorities who openly flout the Supreme Court directives on schoolbuses. This incident also demo ..

Posted in Others |   153 Views


HC furious over non-closure of unrecognised schools

   03 September 2009 at 17:25

The two-judge bench of the A P High Court overseeing the closure of schools without permission in Vishakapatnam district yet again on Wednesday pointed out to abdication of statutory functions by the state government. The inaction to effect the closu ..

Posted in Others  1 comments |   136 Views


RBI relaxes valuation norms for primary dealer portfolios

   03 September 2009 at 17:07

The Reserve Bank of India (RBI) on Monday said the quantum of securities, which can be classified as held-to-maturity (HTM), shall be restricted up to 100% of the paid-up capital of the primary dealers (PD) as at the end March of the preceding finan ..

Posted in Corporate Law |   147 Views


Sebi may soon issue norms on exchange for SMEs

   03 September 2009 at 17:06

The Securities and Exchange Board of India (Sebi) may soon issue ground rules for setting up stock exchanges dedicated to the small and medium firms, enabling them to raise capital from the market."The Sebi is working on the concept paper on SM ..

Posted in Corporate Law |   144 Views


Service tax exemption for specified goods

   03 September 2009 at 17:06

The Finance Ministry has now given service tax exemption on transportation of certain specified goods by rail or through inland water and coastal shipping.The exemption has been given keeping in mind the common man, a Finance Ministry official said. ..

Posted in Taxation |   574 Views


CBEC exempts service tax on transport of essentials

   03 September 2009 at 17:04

The government has exempted a number of goods like food grains, fertilisers and farm inputs from paying service tax for transportation through railways and waterways. According to the notification issued by the Central Board of Excise and Customs (CB ..

Posted in Taxation |   370 Views


ITAT ruling on tax liability calculation

   03 September 2009 at 17:03

The Income-Tax Appellate Tribunal (ITAT) has held that any expenditure, which is viewed as an offence or is prohibited by law, but is of a commercial nature incurred in the normal course of business, can be treated as an outgo at the time of calculat ..

Posted in Taxation |   275 Views