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Legal Era
From Legal Era
No Need To Repeal LIC Act For Divestment, Say Experts
[ By Bobby Anthony ]Experts specialized in insurance, company and competition laws have observed that there is no need to repeal the Life Insurance Corporation (LIC) Act 1956 and convert LIC into a...
Brexit: UK leaves the European Union
[ by Kavita Krishnan ]The European Union (EU) is an economic and political union involving 28 European countries. It allows free trade, which means goods can move between member countries without any...
PFRDA To Be Amended, Says FM In Budget Speech
[ By Bobby Anthony ]Union Finance Minister Nirmala Sitharaman has proposed amendments to separate government pension trusts from the Pension Fund Regulatory and Development Authority Act (PFRDA) to...
Dividend Distribution Tax To Be Abolished, Says FM
[ By Bobby Anthony ]Union Finance Minister Nirmala Sitharaman has proposed to abolish the deeply unpopular dividend distribution tax (DDT) in her union budget speech.Currently, no other country in the...
Companies Act Amendement To Decriminalize Offenses: FM
[ By Bobby Anthony ]Union Finance Minister Nirmala Sitharaman has stated in her budget presentation speech that the government plans to amend the Companies Act to decriminalize civil offenses.Offenses...
Delhi Court Stays Execution Of Nirbhaya Case Convicts
[ By Bobby Anthony ]Delhi's Patiala court has approved a plea filed by death row convicts in the Nirbhaya case convicts, seeking stay on their execution on February 1 due to which their executions...
Sabarimala: Zero Consensus On Legalities Disappoints SC
[ By Bobby Anthony ]The Supreme Court has expressed its disappointment about the lack of consensus on framing of legal questions vis-a-vis discrimination faced by women over entry to religious places,...
RBI To Cap Promoters' Voting Rights In Kotak Bank To 20%
[ By Bobby Anthony ]Kotak Mahindra Bank has stated that the Reserve Bank of India (RBI) has accepted capping of promoters’ voting rights in the bank to 20% of paid-up voting equity share capital until...
UK Court Extends Nirav Modi's Custody Till February 27
[ By Bobby Anthony ]Fugitive diamantaire Nirav Modi, who is a prime accused in USD 2 billion Punjab National Bank (PNB) fraud, has been further remanded in custody till February 27, 2020 by a court in...
SC Allows Goa Mining Companies To Transport Iron Ore
[ By Bobby Anthony ]The Supreme Court has modified its earlier order and allowed mining firms to transport validly mined iron ore from mines in Goa, on the condition that they have paid royalty to...
SC Rejects Nirbhaya Convict Akshay Thakur’s Curative Plea
[ By Bobby Anthony ]A five-judge bench of the Supreme Court has rejected a curative petition filed by Delhi gang rape convict Akshay Singh Thakur.The SC bench, led by Justice NV Ramana, also dismissed...
Former Tata Sons Nominee To Appear Before ED
[ By Bobby Anthony ]Tata Sons has issued a statement clarifying that its former non-executive nominee Director R Venkatramanan will appear before the Enforcement Directorate (ED) in connection with an...
