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ESCROW CLAUSE
Sebi allows Jane Street to resume trading, but sets conditionsSEBI has conditionally lifted the trading ban on Jane Street after the firm deposited ₹4,844 crore in an escrow account. Stock exchanges ar...- Sebi grants conditional relief to Jane Street, asks stock exchanges to monitor activitiesSEBI has granted conditional relief to Jane Street, allowing the U.S. trading firm to resume market activities after creating a ₹4,844 cror...
- NCLT directs Hinduja Group to complete Reliance Capital acquisition by February 25The National Company Law Tribunal directed IndusInd International Holdings Limited to complete the acquisition of Reliance Capital by Febru...
- Buying a house? Know how to safely pay advance, token money for property, clauses to include in 'agreement to sell'As the token money is being paid by the buyer, certain clauses must be added to the 'Agreement to sell' to protect the buyer's interest. He...
- Rafale deal unravelling faster than govt thought: CongressSenior Congress leader and former finance minister P Chidambaram said the Rafale deal is unravelling faster than the government thought.
- ‘Escrow clause to apply to realty co-promoters also’Every person or organisation, under any agreement or arrangement with the project promoter, is entitled to a share of total revenue or tota...
- How well has your state complied with RERA rules? Here's a ready reckonerRERA 2016 includes projects that are ongoing as on May 1, 2017, but several states have changed this coverage in their notified rules.
- New oil and gas contracts may be tough on investorsSources said that the review of the proposals circulated in the draft model sharing contract is based on feedback received from stakeholder...
- Now, BSNL's new Rs 2k-cr tender runs into troubleBSNL's latest tender for 5.5-million GSM lines worth around Rs 2,000 crore has run into controversy, risking the possibility of delaying th...
- Telecom gear cos to get relief from escrow clauseThe government may soon delete the controversial regulation that requires global telecom gear makers to deposit their software codes in the...
- Govt mulls single cure for all telecom security bugsGovt is exploring the possibility of mandating telcos with encryption higher than 40 bits to deposit their software in an escrow account.
- Telecom licences amended; stiff penalty for security breachesThe government today amended telecom licences making it mandatory for equipment suppliers to share the "source code" and the "design detail...
- Ericsson objects to draft security norms for telecom equipmentA leading European telecom vendor Ericsson has raised concerns over the proposals like sharing of source code and unlimited liability among...
- Air Sahara wants Jet to buy it for Rs 3K-crQuestioning Jet Airways' failure to acquire it, Air Sahara has filed a claim of Rs 3,020 crore.
- Jet, Sahara hearing resumes before Bombay HCThe Bombay High Court on Thursday began hearing arguments on whether it has the jurisdiction to adjudicate on a dispute between Jet Airways...
- SC directs Bombay HC to hear Jet-Sahara disputesThe Supreme Court on Monday directed that all disputes arising out of the collapsed deal for acquisition of Sahara Airlines by Jet Airways ...
- Jet moves HC to recover Rs 500 cr paid to SaharaThe legal battle between Jet Airways and Air Sahara took a fresh turn on Friday, with Jet filing a case in the Bombay High Court against Sa...
- Jet asks Sahara to cough up Rs 500 cr advance soonJet Airways has claimed that Air Sahara is supposed to refund Rs 500 crore paid as advance for Rs 2,300-crore deal within a week of termina...
- Sahara should return Rs 500 cr immediately: JetJet said Sahara had "undertaken, absolutely and unconditionally" to repay if the deal failed.
- Jet claims Sahara to return Rs 500 cr in 7 daysJet Airways, which is caught in a legal battle with Air Sahara over the collapsed Rs 2,300 crore takeover deal, has claimed that its smalle...
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