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No policy can be issued from future date without consent: SC

   05 May 2009 at 18:42

The Supreme Court has ruled that an insurance company cannot issue a policy from a future date without the consent of the insured."The insurance company cannot issue a policy unilaterally from a future date without the consent of the holder of a ..

Posted in Corporate Law |   472 Views


4 Judges appointed to Delhi HC

   05 May 2009 at 18:38

Four senior judicial officers -- Ajit Bharihoke, Supreme Court Secretary-General V K Jain, Indermeet Kaur Kochhar and Anil Kumar Pathak will be sworn in as Judges of the Delhi High Court.After President Pratibha Singh Patil has cleared their names t ..

Posted in Constitutional Law |   380 Views


Tamil Nadu: R Krishnamoorthy is new chief of Madras Bar Assn

   05 May 2009 at 18:38

Senior Counsel R Krishnamoorthy has been elected President of Madras Bar Association for 2009-10 in elections held on April 28.According to a press release here today, Mr V Bharathidasan was elected Secretary, Mr M Govindarajan (Treasurer) and R Kar ..

Posted in Others |   397 Views


High officials should not be given assignments post retirement

   05 May 2009 at 18:37

Former Chief Justice of India J S Verma has pleaded that those holding constitutional posts like Election Commissioner or Supreme Court judges should not be given post-retirement assignments by the government at least for the next 10 years.The former ..

Posted in Constitutional Law |   349 Views


Court to frame charges against Kasab on Wednesday

   05 May 2009 at 18:34

The court hearing the Mumbai terror attack case would frame charges against prime accused Mohammed Ajmal Amir Kasab and two others on Wednesday. On the same day, the accused would be given an opportunity to plead guilty or not guilty to the charges, ..

Posted in Criminal Law |   200 Views


Right of not voting is possible only by legislation: Sampath

   05 May 2009 at 18:32

Election Commissioner V S Sampath on Monday said that he supported an elector's right not to vote but this would have to be given shape through a legislation. "ECI is in support of providing citizens the right not to vote like their democratic r ..

Posted in Constitutional Law  1 comments |   243 Views


SC ASKS GOVERNMENT FOR MORE DETAILS ON OFFSHORE ACCOUNTS

   05 May 2009 at 13:39

The Supreme Court has asked the government to provide more information on money held in offshore accounts to evade taxes in response to a petition seeking the repatriation of such funds. The bench, headed by Chief Justice K.G. Balakrishnan, also ask ..

Posted in Others |   241 Views


VODAFONE GETS NOTICE FOR SERVICE TAX PAYMENT DEFAULT

   05 May 2009 at 13:39

The Directorate-General of Central Excise Intelligence (DGCEI) has slapped a show-cause notice on Vodafone Essar Ltd for allegedly not paying service tax on commissions paid to distributors of its pre-paid cellular card. The show-cause was issued af ..

Posted in Taxation |   418 Views


E-PAYMENT SOLUTION FOR EXCISE

   05 May 2009 at 13:38

The Central Board of Excise and Customs (CBDT) asked traders to take to the e-payment solution launched by it. In order to expand the facility to more areas the board was in the process of connecting all its offices through WAN. Addressing the inaug ..

Posted in Corporate Law |   294 Views


RBI SEEKS REVIEW OF LENDING NORMS FOR SMALL UNITS

   05 May 2009 at 13:38

The Reserve Bank of India (RBI) has asked banks to review their existing policies for lending to micro and small enterprises (MSEs) and frame norms for restructuring sick units that are potentially viable. RBI also said that banks should frame polic ..

Posted in Corporate Law |   256 Views