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Legal Era

From Legal Era
Need for an intermediate court of appeal between the High Courts and the Supreme Court in each of the four regions of the country: Attorney General KK Venugopal
According to Attorney General of India KK Venugopal there should be an intermediate court of appeal between the High Courts and the Supreme Court in each of the four regions of the country. This...
Supreme Court To Hear Petitions Posing Legal Challenges Against Centre’s Article 370 Move And Curbs On J&K Press
[ By Bobby Anthony ]The Supreme Court plans to hear petitions challenging the Centre’s move with regard to Article 370 as well as recently imposed restrictions on the working of media in the...
No Jail If CSR Norms Are Not Implemented: Government Clarifies After Behind The Scenes Lobbying By India Inc
[ By Bobby Anthony ]The government has clarified that a recently amended provision of the Companies Act will not be implemented after desperate behind the scenes lobbying by a panic-stricken corporate...
SEBI Urges Finance Ministry To Relax Regulations For Firms Which Wish To Issue Shares With Differential Voting Rights
[ By Bobby Anthony ]The Securities and Exchange Board of India (SEBI) has urged the union finance ministry to relax norms for technology companies which wish to issue shares with differential voting...
Competition Law Review Committee Recommends Automatic CCI Approval For Cases Under Insolvency Law
[ By Bobby Anthony ]The Competition Law Review Committee appointed by the Ministry of Corporate Affairs has recommended what it calls a “de facto green channel route” for merger notification and...
Parsvnath's net loss reported at Rs 91.18 crore in Q1 FY20
Parsvnath developers reported a net loss of Rs. 91.08 crore in the quarter ended June 2019.SN Dhawan & Co in its audit review of the company said that the company is exploring alternative source of...
DB Realty reported loss of in Q1 FY20
DB Realty reported a net loss of Rs. 60.29 crore in the first quarter of FY20. DB Realty co-founded by Shahid Balwa and Vinod Goenka established in 2007 has investments in certain subsidiaries and...
Embassy Office Park REIT plans to acquire stressed office assets in India
Embassy Office Parks REIT, India’s first listed Real Estate Investment Trust (REIT), a joint venture between private equity giant Blackstone Group Lp and Embassy Property Developments is planning to...
Penalty for delay in filing renewal application on leasehold premises slashed from 10% to 0.1%
The state revenue department on August 7th 2019 issued a government resolution reducing the penalty for delay in filing an application for renewal. The rate of 10% ready reckoner rate (RRR) was...
Pradhan Mantri Awas Yojana-Urban (PMAY-U) affordable housing to alleviate housing prices
During the last two years, the Gujarat Housing Board (GHB) and urban local bodies have developed some 30,000 affordable houses costing between Rs. 11 lakhs and 19 lakhs. Another 30,000 houses are...
Reliance Capital Likely To File Rs 10,000-Crore Defamation Suit Against Its Erstwhile Price Waterhouse & Company
[ By Bobby Anthony ]The Anil Ambani-owned Reliance Capital plans to file a Rs 10,000-crore defamation suit against its erstwhile auditor Price Waterhouse & Co (PwC).In a related development, some...
Activist Urges Chief Justice Of India To Elevate A Jammu & Kashmir HC Judge To SC To Hear Article 370 Related Pleas
[ By Bobby Anthony ]A Pune-based activist has written to the Chief Justice of India that the Supreme Court must elevate a sitting Jammu & Kashmir High Court judge and include him on the bench which...












