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The Jammu and Kashmir High Court has dismissed a petition seeking directions to the Election Commission (EC) to quash the 2008 General Assembly elections in the state. The petition was filed by the Awami National Conference (ANC) Vice President Muzaffar Ahmad Shah, cousin of Chief Minister Omar Abdullah, seeking nullification of the whole elections. The..

All India Anna Dravida Munnetra Kazhagam (AIADMK) General Secretary J Jayalalithaa has submitted that the office of the Public Prosecutor cannot be "misused" by the State government for filing complaints, ignoring genuine concern of the general public regarding the welfare of the Sri Lankan Tamil people. In a writ petition filed before the Madras High Court, she so..

Delhi High Court will remain closed for summer vacation from June 1 and reopen on July 1. Meanwhile, Chief Justice A P Shah has nominated six vacation judges to deal with urgent civil and criminal cases during the recess. The judges are Justice Veena Birbal, Justice J R Midha, Justice Manmohan Singh, Justice Suresh Kait, Justice Aruna Suresh and Justice S..

Holistic reforms to make India’s judicial system accountable, and responsive to litigants, were stressed by Veerappa Moily who took over as new Law and Justice Minister today. "Judicial reforms cannot be partial, cannot be fragmented," asserted Moily, w..

The International Federation of Accountants (IFAC) released its 2008 annual report today, highlighting initiatives to help restore global financial stability and, in addition, describing how some of IFAC's core work-developing international standards and guidanc..

Prime Minister Manmohan Singh indicated that the full Budget for 2009-10 may announce a disinvestment of government stake in public sector companies. "Fiscal prudence and disinvestment of public sector units -- all these issues will be tackled by th..

China's banking regulator unveiled measures to ensure investment loans get used for actual projects, the latest move highlighting Beijing's concerns over fund misuse amid an avalanche of new lending. The China Banking Regulatory Commission released the d..

The International Accounting Standards Board (IASB) has published for public comment an exposure draft of draft guidance on fair value measurement. If adopted, the proposals would replace fair value measurement guidance contained in individual Internatio..

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Residents of the Mumbai metropolitan region who were short-changed by builders while buying flats will get stamp duty refund provided the transaction remains incomplete. The Maharashtra Government has decided to amend Section 48 (1) of the Bombay Stamp Act of 1958, so that refunds can be made to people with..

In a major victory for Punjab Chief Minister Parkash Singh Badal, the Supreme Court today dismissed a petition filed by former chief minister Capt Amarinder Singh, seeking transfer of a corruption case pending against aim outside the state of Punjab. A bench comprising Chief Justice KG Balakrishnan, Justices P Sathasivam and JM Panchal, declined to transfer the case pending..

The Madhya Pradesh High Court issued notices to State Home Secretary, the Director General of Police and the Superintendent of Police (Jabalpur), and sought explanation on a petition challenging the registration of FIR against a Congress worker. Admitting a petition filed by Bargi Block Congress president Sukh Lal Yadav challenging registering of an FIR against him for sale of illicit liquor, a..

 The Supreme Court extended till June 8 time for completing the second counseling for admission to post graduate medical science courses. A vacation bench comprising Justices Markandey Katju and Deepak Verma also directed that the second counseling would start from May 31 and shall be completed by June ..

 The Supreme Court asked Enforcement Direct(ed) ‘why no action has been taken against controversial godman Chandra Swami when the government suspected that he had financed LTTE’s involvement in the assassination of former Prime Minister Rajiv Gandhi?’ A vacation bench comprising Justices V S Sirpurkar and ..

Senior police officers posted in various district headquarters in Gujarat would soon have access to all the crime data online without moving out of their offices or needing physical delivery of files from the police stations under their jurisdiction, reports IANS...