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Son’s two shops were stated to be demolished without compensation; HC stops demolition as he produced a registered sale deedA man successfully saved his two shops from demolition by the municipality. The shops were slated for removal to widen a road. The Andhra P...
House razed as ‘encroachment’ despite gift deed; High Court steps in and grants relief to land ownerThe Andhra Pradesh High Court has ruled in favour of Mr Basha, whose house was demolished by the Gram Panchayat. The court stated that the ...
Sanatana Dharma row: HC judgment 'wrong,' no place for judge's personal belief in ruling, says DMKThe ruling DMK has termed a Madras High Court judgment quashing an FIR against BJP's Amit Malviya as "wrong," asserting that a judge's pers...
Govt deducted Rs 9.23 lakh from pension of late employee; employees' legal heirs fight back, win the case in Chhattisgarh High CourtAfter working for 28 years, without any disciplinary proceedings, govt deducted Rs 9.23 lakh from his pension, Chhattisgarh High Court says...
Anil Ambani case: When does a loan account turn fraudulent?The Bombay High Court raised concerns over the arbitrary process by banks declaring loan accounts as fraudulent without following proper RB...
Payback the Section 87A rebate amount claimed against capital gains, says the tax demand notice; What are your options?Tax demand notice: Since February 24, 2025 many taxpayers have received a tax demand notice in their Income Tax Return (ITR) intimation ord...
Keep taxpayers in the loop before you act: Court to Income Tax deptQuashing a November 2022 show-cause notice against Munjal BCU Centre of Innovation and Entrepreneurship, The Punjab and Haryana High Court ...
When a loan account is tagged fraud: Borrower's respite is bank's worryA loan acocunt is categorised as a 'fraud account' after it is red-flagged on the basis of practices like fund diversion (even if there is ...
RBI's master circular on fraud: The principle of natural justice and the conundrum for banksRBI's Master Directions on Frauds was introduced to protect the interest of depositors and banks from increasing instances of frauds.
Misuse of fraud classification guidelines by banks is rampant: Sunil Kanoria, co-founder Srei Infrastructure FinanceOn July 1, 2016, the Reserve Bank of India came out with a Master Circular on "Frauds – Classification and Reporting" under Section 35 A of...
Huawei India CEO, 3 executives summoned in I-T caseThere is sufficient material on record to summon the company and four accused for commission of offence punishable under Section 275-B read...
Compat sets aside CCI penalty against BCCI for alleged abuse of dominanceIn order passed in Feb last year, CCI imposed a penalty of Rs 52.24 cr on BCCI after finding it guilty of anti-competitive practices in org...
- SC notice to Centre on plea of Internet & Mobile Association
IAMAI has alleged that the Government, under Section 79(3)(b) of Information Technology Act, often unilaterally orders the internet service...
IAMAI association moves Supreme Court against government ‘take down’ ordersIAMAI said the provision ran contrary to Section 79(1) of the Act which intended to provide "safe harbour from liability to intermediaries".
No criminality in land coversion, says CBI on DLF issueCBI has not found any criminality in permission given to DLF to construct a high-rise luxury apartment complex in vicinity of Rashtrapati B...
- Flaw in Competition Act likely to make CCI orders void
A loophole in the country's competition law can make a majority of the orders null & void because it cannot close a case if the DG of inves...