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Suspense continues over Rajmata Gayatri Devi's will

   10 August 2009 at 12:16

Suspense continued over the contents of Gayatri Devi's will with her close associate saying that nothing of the legal document was discussed today when her family observed the 12th day of the mourning rituals for the late Jaipur royal. Emerging from ..

Posted in Property Law |   714 Views


SC: Warrant issued by foreign court can't be executed in Ind

   10 August 2009 at 12:10

The Supreme Court has held that a warrant issued by a foreign court could not be executed in India without a formal request from the Government concerned for extradition of the accused.A bench comprising Justices S B Sinha and Mukundakam Sharma set a ..

Posted in Criminal Law |   172 Views


SC NOTICE TO MOSER BAER ON ALLEGED TAX EVASION

   10 August 2009 at 12:01

The Supreme Court has issued a notice to Moser Baer India Ltd why it should not be asked to pay income tax to the tune of Rs 2,978 crore. A bench headed by Justice S H Kapadia sought the reply from the manufacturer of computer-related products, inclu ..

Posted in Taxation |   291 Views


IRDA SETS RULES FOR CORPORATE GOVERNANCE FOR INSURERS

   10 August 2009 at 12:01

Insurance regulator IRDA is ready with the final guidelines on corporate governance for the sector focusing on key areas such as lock-in period for promoters, whistle blowing policy, governance structure and disclosures. On lock-in period, the IRDA ..

Posted in Corporate Law |   258 Views


MCA TO ENSURE LLPs AREN'T LIMITED BY LAW

   10 August 2009 at 12:00

The ministry of corporate affairs wants other ministries, state governments and sectoral regulators to recognise limited liability partnerships (LLP) after over 100 entities registered under the LLP Act enacted last year. The ministry will write to a ..

Posted in Corporate Law |   184 Views


SC BROADENS SCOPE OF CONSUMER ACT

   10 August 2009 at 12:00

The Supreme Court has said buyers of goods or commodities for ‘self consumption’ in economic activities in which they are engaged would be ‘consumers’ for the purpose of claim of damages under the provision of the Consumer Pro ..

Posted in Corporate Law |   218 Views


Foreign Investment Policy for LLP Firms under review

   10 August 2009 at 10:57

Foreign Investment Policy for LLP Firms under review The government has decided to clarify the foreign investment rules under the new limited liability partnership (LLP) framework. An official confirmed to FE that the ministry of corporate affair ..

Posted in Corporate Law |   178 Views


Justice R B Mishra is new Acting Chief Justice of HP HC

   10 August 2009 at 10:08

Justice R B Mishra has been appointed as acting Chief Justice of the Himachal Pradesh High Court.Justice Mishra is the senior most judge of the High Court.The top High Court post fell vacant following the transfer of Chief Justice Jagdish Bahalla to ..

Posted in Others |   277 Views


SC to hear petition against Mayawati tomorrow

   10 August 2009 at 10:08

The Supreme Court will hear tomorrow a petition seeking prosecution of Uttar Pradesh Chief Minister Mayawati for calling Mahatma Gandhi ‘naatakbaaz’.A bench headed by Chief Justice K G Balakrishnan is scheduled to hear the petition filed ..

Posted in Others |   130 Views


SC: Only state govt can decide the place of posting of govt

   10 August 2009 at 10:08

The Supreme Court has held that a court cannot examine the integrity and service records of an employee while examining a transfer order passed by an employer.A bench of Justices Tarun Chatterjee and R M Lodha, while dismissing the appeal of one sub- ..

Posted in Labour & Service Law |   483 Views