NEW DELHI: Jaswant Singh, a central figure in the governments of prime minister Atal Bihari Vajpayee who was summarily expelled by the Bharatiya
Janata Party (BJP) Wednesday, was a key member of the party's core decision-making group though never a mass leader.
During his six-year stint in the government, he experienced both highs and lows. The acme of his achievement was his exhaustive rounds of a dialogue that he as external affairs minister minister held with Strobe Talbott, his counterpart in the US administration, following the 1998 Indian nuclear test.
They met as many as 14 times in seven countries between June 1998 and September 2000. These talks have been widely acknowledged by present US Secretary of State Hillary Clinton as having laid the groundwork for the eventual transformation of Indo-US ties.
The low point in his ministerial career was when he led Pakistani terrorists to freedom in Kandahar in Afghanistan in December 1999 after the hijack of flight IC-814 by Islamists.
Wednesday, August 19, 2009
Saturday, August 8, 2009
'Tere Sang' premiere
Tere sang: In keeping with the name of the movie, Tere Sang, they were here to promote in association with men’s fashion brand, Provogue. Producer Anupam Kher and director Satish Kaushik moved sang sang throughout the evening. So much so that before leaving, Anupam was heard saying, “Achha toh Satishji, mein chaloon.” While talking about his film’s lead pair, Ruslaan Mumtaz and Sheena Shahabadi, Anupam said, “Ruslaan has a long way to go. This boy has loads of talent.”
‘Lex WITNESS’- India’s First Magazine on Legal and Corporate Affairs Launched
‘Lex WITNESS’, India’s First Magazine on Legal and Corporate affairs was launched on August 7th by Hon’ble Dr. Justice AR Lakshmanan, Chairman, Law Commission of India. A pioneering initiative of SriGro Interactive, WITNESS seeks to address topical issues from the legal domain in a subtle yet effective way. Even though the first issue had hit the stands on July 16, 2009, it was formally launched yesterday in V.K Krishna Menon Bhawan, Indian Society of International Law amongst an illustrious list of guest from the legal society.
Hon’ble Mr. Justice V.S. Sirpurkar, Judge, Supreme Court of India graced the occasion as the Guest of Honour and other dignitaries present were –
- Hon'ble Mr. Justice R.S Sodhi, Retired Judge, Delhi High Court
- Mr. Krishan Kalra, Secretary General, PHD Chamber of Commerce & Industry
“I am delighted to learn that SriGro Interactive Pvt Ltd has launched ‘Witness’, which will mainly cover important legal issues and corporate affairs. With the liberalization of the print and electronic media, hundreds of new Magazines have mushroomed in the market covering different subjects. However, magazines covering legal issues and corporate affairs, touching the common man, are rare. It is expected that this new magazine will play a pivotal role in meeting the aspirations of the common man in dispelling their misconceptions about laws and its application”, Chief Guest, Hon’ble Dr. Justice AR Lakshmanan said while expressing his happiness on the launch of WITNESS.
Sharing the same thought, Hon’ble Mr. Justice V.S. Sirpurkar, Judge, Supreme Court of India, added, “WITNESS will be a great tool for the legal fraternity as well as it will update the professionals about the latest developments in the judicial system. I wish the editors of the magazine success in their endeavour to fill up the vacuum in the Indian Judicial System by launching this magazine”.
Applauding the initiative of Witness and its first issue, Mr. Krishan Kalra, Secretary General, PHD Chamber of Commerce & Industry said, “Articles in the inaugural issue are excellent and I am confident that the legal sphere would stand further enriched by this collection of varied and mature perspectives on burning legal issues”.
The inaugural issue of WITNESS accentuates the significance of mediation cells in today’s scenario, its success in the West and the need for its adaptation in India. It also extensively covers the Limited Liability Partnership Act 2008 and the Pre-nuptial contracts.
WITNESS would be an amalgamation of the view points of some of the country’s eminent legal luminaries, judges, advocates, educationists and India Inc. and would provide content that is relevant to all stakeholders in this profession. Witness is a subscription based magazine and is currently being marketed in all metros,” according to Mr. Shyam Grover, Group Editor and Chief Executive Officer.
Highlighting the objectives of the magazine, the Editor-in.Chief, Mr. PBA Srinivasan said, “WITNESS would be an active forum for professionals who contribute to the growth of law, business policy making and other aspects of the Judiciary System. Our mission is to inform and empower the legal fraternity, corporate houses and public, through well researched articles, open forums, opinions and analysis”.
Mr. Grover added that, “the magazine is also being circulated in UK and US, targeting law firms and key M&A consulting companies.”
Dr. Neera Bharihoke is the Consulting Editor of WITNESS. The magazine, at a cover price of Rs 50, has been launched with an initial print run of 25,000 copies. The magazine is available only at select stands, and will be distributed through Central News Agency (CNA).
Hon’ble Mr. Justice V.S. Sirpurkar, Judge, Supreme Court of India graced the occasion as the Guest of Honour and other dignitaries present were –
- Hon'ble Mr. Justice R.S Sodhi, Retired Judge, Delhi High Court
- Mr. Krishan Kalra, Secretary General, PHD Chamber of Commerce & Industry
“I am delighted to learn that SriGro Interactive Pvt Ltd has launched ‘Witness’, which will mainly cover important legal issues and corporate affairs. With the liberalization of the print and electronic media, hundreds of new Magazines have mushroomed in the market covering different subjects. However, magazines covering legal issues and corporate affairs, touching the common man, are rare. It is expected that this new magazine will play a pivotal role in meeting the aspirations of the common man in dispelling their misconceptions about laws and its application”, Chief Guest, Hon’ble Dr. Justice AR Lakshmanan said while expressing his happiness on the launch of WITNESS.
Sharing the same thought, Hon’ble Mr. Justice V.S. Sirpurkar, Judge, Supreme Court of India, added, “WITNESS will be a great tool for the legal fraternity as well as it will update the professionals about the latest developments in the judicial system. I wish the editors of the magazine success in their endeavour to fill up the vacuum in the Indian Judicial System by launching this magazine”.
Applauding the initiative of Witness and its first issue, Mr. Krishan Kalra, Secretary General, PHD Chamber of Commerce & Industry said, “Articles in the inaugural issue are excellent and I am confident that the legal sphere would stand further enriched by this collection of varied and mature perspectives on burning legal issues”.
The inaugural issue of WITNESS accentuates the significance of mediation cells in today’s scenario, its success in the West and the need for its adaptation in India. It also extensively covers the Limited Liability Partnership Act 2008 and the Pre-nuptial contracts.
WITNESS would be an amalgamation of the view points of some of the country’s eminent legal luminaries, judges, advocates, educationists and India Inc. and would provide content that is relevant to all stakeholders in this profession. Witness is a subscription based magazine and is currently being marketed in all metros,” according to Mr. Shyam Grover, Group Editor and Chief Executive Officer.
Highlighting the objectives of the magazine, the Editor-in.Chief, Mr. PBA Srinivasan said, “WITNESS would be an active forum for professionals who contribute to the growth of law, business policy making and other aspects of the Judiciary System. Our mission is to inform and empower the legal fraternity, corporate houses and public, through well researched articles, open forums, opinions and analysis”.
Mr. Grover added that, “the magazine is also being circulated in UK and US, targeting law firms and key M&A consulting companies.”
Dr. Neera Bharihoke is the Consulting Editor of WITNESS. The magazine, at a cover price of Rs 50, has been launched with an initial print run of 25,000 copies. The magazine is available only at select stands, and will be distributed through Central News Agency (CNA).
Capital’s swine flu tally at 251
Eight students were among the 13 that tested positive for swine flu on Saturday, taking Delhi’s tally to 215.
Students bore the brunt of infection again, with many schools fumigating classrooms, canteens, common rooms and buses over the weekend to allay parents’ fears.
“On Saturday, 23 cases were confirmed, which included the 14 new cases. Reports of 16 suspected cases admitted in hospitals across the Capital are awaited,” said Delhi Health Minister Kiran Walia.
The minister added that all positive cases had been quarantined at home and health officers were tracking people who have come in contact with them.
“We are doing our best to contain it, but its spread is inevitable,” said Walia.
Only one of the 13 cases reported was an infection acquired abroad.
“When the World Health Organisation declared H1N1 a pandemic, they indicated containment was not possible. We are now focusing on damage reduction,” said a senior Delhi government official, tracking cases in the Capital who is not authorised to speak to the media.
Students from Sanskriti School , Mt Carmel, Delhi Public School, Mathura Road, Mother’s International, CRPF Prashant Vihar and Vishwa Bharti Public School were among the eight students tested positive on Saturday.
Sanskriti School in south Delhi’s Chanakyapuri confirmed three swine flu cases, of which one was a Class VIII student back from a camp in England. The other two students are in Classes IV and XI, who attended school till Thursday.
“Today, we learnt of three students who have contracted the virus. In the UK case, we are not really worried as the student had not rejoined school yet,” said Abha Sahgal, principal, Sanskriti School.
The case reported from Sanskriti on Thursday tested negative. “We had the school fumigated on Friday,” Sahgal added. The school is now closed for all of next week.
With schools being closed for the weekend, schools had a difficult time identifying students who could have contracted the virus.
“There is no way for us for us to find out who could be infected as the school is closed for the weekend. We’ll get a clear picture only on Monday," said M.I. Husain, principal, DPS Mathura Road.
Students bore the brunt of infection again, with many schools fumigating classrooms, canteens, common rooms and buses over the weekend to allay parents’ fears.
“On Saturday, 23 cases were confirmed, which included the 14 new cases. Reports of 16 suspected cases admitted in hospitals across the Capital are awaited,” said Delhi Health Minister Kiran Walia.
The minister added that all positive cases had been quarantined at home and health officers were tracking people who have come in contact with them.
“We are doing our best to contain it, but its spread is inevitable,” said Walia.
Only one of the 13 cases reported was an infection acquired abroad.
“When the World Health Organisation declared H1N1 a pandemic, they indicated containment was not possible. We are now focusing on damage reduction,” said a senior Delhi government official, tracking cases in the Capital who is not authorised to speak to the media.
Students from Sanskriti School , Mt Carmel, Delhi Public School, Mathura Road, Mother’s International, CRPF Prashant Vihar and Vishwa Bharti Public School were among the eight students tested positive on Saturday.
Sanskriti School in south Delhi’s Chanakyapuri confirmed three swine flu cases, of which one was a Class VIII student back from a camp in England. The other two students are in Classes IV and XI, who attended school till Thursday.
“Today, we learnt of three students who have contracted the virus. In the UK case, we are not really worried as the student had not rejoined school yet,” said Abha Sahgal, principal, Sanskriti School.
The case reported from Sanskriti on Thursday tested negative. “We had the school fumigated on Friday,” Sahgal added. The school is now closed for all of next week.
With schools being closed for the weekend, schools had a difficult time identifying students who could have contracted the virus.
“There is no way for us for us to find out who could be infected as the school is closed for the weekend. We’ll get a clear picture only on Monday," said M.I. Husain, principal, DPS Mathura Road.
Thursday, July 30, 2009
SAIL Q1 net falls; dramatic demand rise unlikely
NEW DELHI (Reuters) - Steel Authority of India, one of India's leading steelmakers, reported a smaller-than-expected 28 percent drop in quarterly net profit, but cautioned that any "dramatic upturn" in global demand for the alloy was unlikely.
The state-run firm, which has the largest steel making capacity within India, plans to borrow 40 billion to 50 billion rupees ($830 million-$1 billion) this fiscal year to meet its capex plans, Chairman S.K. Roongta said, adding that additional equity issue was also another option the company was looking at.
"We are considering that," Roongta said of the additional equity issue, without giving details.
The steel industry, recognised as a broad gauge of an economy's strength, has globally seen demand tumble, driven by the weakness in key automotive and construction sectors.
"We must reckon the fact that even now globally capacity utilisation is quite low. As the demand picks up, there is enough capacity," Steel Authority's Roongta said.
"We are not going to see any situation where demand will be more than supply."
Prices are, however, not under pressure, he said.
Steel Authority's production and sales in the July month is up about 10 percent from a year ago and it will try to maintain the trend for the quarter ending September, Roongta said.
He expects raw material prices to be sequentially lower in the September quarter.
The state-run firm, which has the largest steel making capacity within India, plans to borrow 40 billion to 50 billion rupees ($830 million-$1 billion) this fiscal year to meet its capex plans, Chairman S.K. Roongta said, adding that additional equity issue was also another option the company was looking at.
"We are considering that," Roongta said of the additional equity issue, without giving details.
The steel industry, recognised as a broad gauge of an economy's strength, has globally seen demand tumble, driven by the weakness in key automotive and construction sectors.
"We must reckon the fact that even now globally capacity utilisation is quite low. As the demand picks up, there is enough capacity," Steel Authority's Roongta said.
"We are not going to see any situation where demand will be more than supply."
Prices are, however, not under pressure, he said.
Steel Authority's production and sales in the July month is up about 10 percent from a year ago and it will try to maintain the trend for the quarter ending September, Roongta said.
He expects raw material prices to be sequentially lower in the September quarter.
Indian Oil net surges 780 percent
India's largest refiner Indian Oil Corp Thursday said its net profit for the quarter ended June 30 surged 780 percent as lower crude oil prices narrowed its revenue losses.
The company reported a net profit of Rs.3,680 crore ($763 million) for the quarter compared to Rs.410 crore in the like period the year before.
The total income for the same period stood at Rs.60,680 crore, down from Rs.89,140 crore a year earlier.
This year's first quarter figures also include the numbers for Bongaigaon Refinery and Petrochemicals Ltd (BRPL), which was merged with India Oil March 25, 2009.
The gross refining margin has seen a decline from $16.81 per barrel to $7.36 per barrel during the first quarter.
Indian Oil got discounts worth Rs.229 crore from upstream companies for the April-June quarter as compared to Rs.6,230 crore a year ago.
The company reported a net profit of Rs.3,680 crore ($763 million) for the quarter compared to Rs.410 crore in the like period the year before.
The total income for the same period stood at Rs.60,680 crore, down from Rs.89,140 crore a year earlier.
This year's first quarter figures also include the numbers for Bongaigaon Refinery and Petrochemicals Ltd (BRPL), which was merged with India Oil March 25, 2009.
The gross refining margin has seen a decline from $16.81 per barrel to $7.36 per barrel during the first quarter.
Indian Oil got discounts worth Rs.229 crore from upstream companies for the April-June quarter as compared to Rs.6,230 crore a year ago.
Thursday, July 23, 2009
INDIAN REAL ESTATE INVESTORS GOING GLOBAL
Indian real estate investors are showing interest in many areas in the world which include South East Asia, especially Malaysia and Singapore, Dubai and cities such as London and New York. In South East Asia property investments are rising due to the increased popularity of these countries as they are tourist destinations for the Indians. Singapore is only 1,500 miles away from cities such as Bangalore and the cities like Bangkok, Kuala Lumpur, Singapore and Jakarta are connected and served by Air India. On comparing the property prices in South East Asia and the Gulf with Mumbai and Delhi we find that India is costlier as compared to them. In addition to this these foreign countries offer superior infrastructure, environment and facilities.
London and Dubai are some of the major destinations targeted by the Indian investors for investment.
Companies investing abroad
Globalization which is a much abused term these days means Indian companies entering into joint ventures with foreign companies. It also means exporting goods and services to foreign countries. The core issue in the definition of globalization is that the companies have to go global to advertise themselves. In the present set up it can be noticed that there are already several players in the global market but Indian companies are still lagging behind. The reasons for this are manifold. Firstly, the Government has not encouraged Indian companies to step into the global market. Secondly, the Indian real estate companies are caught up with the domestic work. And finally, some of the companies who tried to invest abroad were at a loss due to lack of guidance, support and knowledge.
But now the Indian government seems to have realized the fact that investing abroad is necessary for a company's extension and escalation. This is the reason it has allowed companies to freely invest up to $ 15 million without taking any permission from RBI. In addition to this fast track clearances of $ 4 million are given for investments abroad.
According to the Liberalized Overseas Investment Guidelines, companies have also been given permission to invest a maximum of 50 per cent of GDR’s abroad.
Guidelines for investors
As we can see that India is gradually turning towards becoming an investment hub in real estate, the Indians who are keen on investing abroad should weigh their returns and compare them with India first. Ideally an Indian should buy property abroad only if the returns are much higher as compared to those in India.
London and Dubai are some of the major destinations targeted by the Indian investors for investment.
Companies investing abroad
Globalization which is a much abused term these days means Indian companies entering into joint ventures with foreign companies. It also means exporting goods and services to foreign countries. The core issue in the definition of globalization is that the companies have to go global to advertise themselves. In the present set up it can be noticed that there are already several players in the global market but Indian companies are still lagging behind. The reasons for this are manifold. Firstly, the Government has not encouraged Indian companies to step into the global market. Secondly, the Indian real estate companies are caught up with the domestic work. And finally, some of the companies who tried to invest abroad were at a loss due to lack of guidance, support and knowledge.
But now the Indian government seems to have realized the fact that investing abroad is necessary for a company's extension and escalation. This is the reason it has allowed companies to freely invest up to $ 15 million without taking any permission from RBI. In addition to this fast track clearances of $ 4 million are given for investments abroad.
According to the Liberalized Overseas Investment Guidelines, companies have also been given permission to invest a maximum of 50 per cent of GDR’s abroad.
Guidelines for investors
As we can see that India is gradually turning towards becoming an investment hub in real estate, the Indians who are keen on investing abroad should weigh their returns and compare them with India first. Ideally an Indian should buy property abroad only if the returns are much higher as compared to those in India.
central acts, rules and regulations
Banking & Insurance law
Bankers Book Evidence Act,1891
Banking Regulation Act, 1949
Banking Regulation (Companies) Rules, 1949
Debts Recovery Tribunal (Procedure) Rules, 1993
Debts Recovery Tribunal (Procedure for Appointment as Presiding Officer of The Tribunal) Rules, 1998
Debts Recovery Appellate Tribunal (Financial and Administrative Power) Rules, 1997
Debts Recovery Appellate Tribunal (Procedure) Rules, 1994
Debts Recovery Appellate Tribunal (Procedure for Appointment as Chairperson of the Appellate Tribunal) Rules, 1998
Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2004
Equity Linked Savings Scheme, 2005
Insurance Act, 1938
Insurance Regulatory and Development Authority Act, 1999
Interest Act, 1978
Life Insurance Corporation Act, 1956
Marine Insurance Act, 1963
Negotiable Instrument Act, 1881
Negotiable Instruments (Amendment and Miscellaneous Provisions) Act, 2002
Recovery of Debts Due to Banks and Financial Institutions Act, 1993
Regional Rural Banks Act, 1976
Reserve Bank of India Act, 1934
Reserve Bank (Transfer to Public Ownership) Act, 1948
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
State Financial Corporations Act, 1951
Business & Commercial law
Carriage By Road Act, 2007
Hire-Purchase Act, 1972
Indian Contract Act, 1872
Indian Partnership Act, 1932
Limited Liability Partnership Act, 2008
Sale of Goods Act, 1930
Consumer laws
Bureau of Indian Standards (Recognition of Consumer's Associations) Rules, 1991
Consumer Protection Act,1986
Consumer Protection Regulation, 2005
Consumer Protection (Second Amendment) Rules, 2006
Essential Commodities Act, 1955
Monopolies and Restrictive Trade Practices Rules, 1970
Prevention of Food Adulteration Act, 1954
Standards of Weights and Measures (Enforcement) Act, 1985
Standards of Weights and Measures Act, 1976
Corporate law
Companies (Acceptance Of Deposits) Rules, 1975
Companies (Issue of Share Capital with Differential Voting Rights) Rules, 2001
Companies (Appointment and Qualifications of Secretary) Rules, 1988
Companies (Appointment of the Small Shareholders' Director) Rules, 2001
Companies (Amendment) Act, 2000
Companies (Amendment) Act, 2006
Companies (Branch Audit Exemption) Rules, 1961
Companies (Compliance Certificate) Rules, 2001
Companies (Court) Rules, 1959
Companies (Declaration of Dividend Out of Reserves) Rules, 1975
Companies (Disclosure of Particulars in the Report of Board of Directors) Rules, 1988
Companies (Fees on Applications) Rules, 1999
Companies (Issue of Share Certificates) Rules, 1960
Company Law Board (Fees on Applications and Petitions) Rules, 1991
Company Law Board (Qualifications, Experience and Other Conditions of Service of Members) Rules, 1993
Company Law Board Regulations, 1991
Company's Liquidation Accounts Rules, 1965
Companies (Official Liquidator's Accounts) Rules, 1965
Companies (Particulars of Employees) Rules, 1975
Companies (Passing of Resolution by Postal Ballot) Rules, 2001
Companies (Preservation and Disposal of Records) Rules, 1966
Companies Unpaid Dividend (Transfer to General Revenue Account of the Central Government) Rules, 1978
Competition Act, 2002
Conversion Foreign Exchange and Prevention of Smuggling Activities Act, 1974
Cost Audit Report Rules, 2001
Depositories Act, 1996
Export (Quality Control and Inspection) Act, 1963
Foreign Contribution (Regulation) Act, 1976
Foreign Exchange Management Act, 1999
Foreign Trade (Development and Regulation) Act, 1992
Foreign Trade (Regulation) Rules, 1993
Industries (Development and Regulation) Act, 1951
Manufacturing and Other Companies (Auditor's Report) Order, 1988
Non-Banking Financial Companies and Miscellaneous Non-Banking Companies (Advertisement) Rules, 1977
Private Limited Company and Unlisted Public Limited Company (Buy-back of Securities) Rules, 1999
Securities and Exchange Board of India Act, 1992
Securities And Exchange Board Of India (Appeal To Central Government) Rules, 1993
Securities and Exchange Board of India Appellate Tribunal (Procedure) Rules, 1995
Securities Contracts (Regulation) Rules, 1957
Sick Industrial Companies (Special Provisions) Act, 1985
Trustees (declaration of holdings of shares and debentures) rules, 1964
Criminal law
Arms Act, 1959
Code of Criminal Procedure, 1973
Economic Offences (Inapplicability of Limitation) Act, 1974
Indian Evidence Act, 1872
Indian Penal Code,1860
Juvenile Justice (Care and Protection of Children) Act, 2000
Narcotic Drugs and Psychotropic Substances Act, 1985
Prevention of Corruption Act , 1988
Prevention of Money Laundering Act, 2002
Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act, 1989
Environmental law
Air (Prevention and Control of Pollution) Act, 1981
Air (Prevention and Control of Pollution) Rules, 1982
Environment (Protection) Act, 1986
Forest (Conservation) Act, 1980
Hazardous Wastes (Management and Handling) Rules, 1989
Indian Forest Act, 1927
National Environment Appellate Authority Act, 1997
Water (Prevention and Control of Pollution) Act, 1974
Water (Prevention and Control of Pollution) Rules, 1975
Wild Life (Protection) Act, 1972
Family law & Social laws
Arya Marriage Validation Act, 1937
Births, Deaths and Marriages Registration Act, 1886
Children Act, 1960
Child Marriage Restraint Act, 1929
Commissions for Protection of Child Rights Act, 2005
Commission of Sati (Prevention) Act, 1987
Commission of Sati (Prevention) Rules, 1988
Converts' Marriage Dissolution Act, 1866
Dowry Prohibition Act,1961
Family Courts Act, 1984
Foreign Marriage Act, 1969
Guardians and Wards Act, 1890
Hindu Adoptions And Maintenance Act, 1956
Hindu Marriage Act, 1955
Hindu Marriages (Validation of Proceedings) Act, 1960
Hindu Minority and Guardianship Act, 1956
Hindu Succession Act, 1956
Indian Christian Marriage Act, 1872
Indian Divorce Act, 1869
Indian Matrimonial Causes (War Marriages) Act, 1948
Indian Succession Act, 1925
Maintenance and Welfare of Parents and Senior Citizens Act, 2007
Muslim Personal Law (Shariat) Application Act, 1937
Muslim Women (Protection of Rights on Divorce) Act, 1986
Parsi Marriage and Divorce Act, I936
Pre-conception and Prenatal Diagnostic Techniques (Prohibition of Sex Selection) Act, 1994
Protection of Women from Domestic Violence Act, 2005
Protection of Women from Domestic Violence Rules, 2005
Special Marriage Act, 1954
Intellectual Property law
Biological Diversity Act, 2002
Copyright Act, 1957
Copyright Rules, 1958
Designs Act, 2000
Designs Rules, 2001
Geographical Indications of Goods (Registration and Protection) Act, 1999
Geographical Indications of Goods (Registration and Protection) Rules, 2002
Intellectual Property Appellate Board (Procedure) Rules, 2003
International Copyright Order, 1999
Patents Act, 1970
Trade Marks Act, 1999
Trade Marks Rules, 2001
Labour & Service law
Apprentices Act, 1961
Bonded Labour System (Abolition) Act, 1976
Beedi and Cigar Workers (Conditions of Employment) Act, 1966
Beedi Workers Welfare Cess Act, 1976
Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act, 1996
Building and Other Construction Workers' Welfare Cess Act, 1996
Building and Other Construction workers' Welfare Cess Rules, 1998
Central Apprenticeship Council Rules, 1962
Child Labour (Prohibition and Regulation) Act, 1986
Employers Liability Act, 1938
Employees’ Deposit-Linked Insurance Scheme, 1976
Employees’ Pension Scheme, 1995
Employees’ Provident Funds Scheme, 1952
Employees' State Insurance Act, 1948
Employees’ State Insurance (Central) Rules, 1950
Employees' State Insurance Corporation (General Provident Fund) Rules, 1995
Employees’ State Insurance (General) Regulations, 1950
Employment Exchanges (Compulsory Notification of Vacancies) Act, 1959
Equal Remuneration Act, 1976
Factories Act, 1948
Industrial Disputes Act, 1947
Industrial Disputes (Banking Companies) Decision Act, 1955
Industrial Disputes (Central) Rules, 1957
Industrial Employment (Standing Orders) Act, 1946
Industrial Tribunal (Central Procedure) Rules, 1954
Industrial Tribunal (Procedure) Rules, 1949
Maternity Benefit Act, 1961
Mica Mines Labour Welfare Fund Act, 1946
Minimum Wages Act, 1948
Minimum Wages (Central) Rules, 1950
Payment of Bonus Act, 1965
Payment of Bonus Rules, 1975
Payment of Gratuity Act,1972
Payment of Wages Act, 1936
Plantations Labour Act, 1951
Public Provident Fund Act, 1968
Trade Unions Act, 1926
Weekly Holidays Act, 1942
Workmen’s Compensation Act 1923
Working Journalists (Conditions of Service) and Miscellaneous Provisions Rules, 1957
Media & Press laws
Cinematograph Act, 1952
Cinematograph (Certification) Rules, 1983
Cinematograph Film Rules, 1948
Cine-Workers and Cinema Theatre Workers (Regulation of Employment) Act, 1981
Delivery of Books (Public Libraries) Rules, 1955
Delivery of Books and Newspapers (Public Libraries) Act, 1954
Dramatic Performances Act, 1876
Drugs and Magic Remedies (Objectionable Advertisements) Act, 1954
Parliamentary Proceedings (Protection of Publication) Act, 1977
Prasar Bharati (Broadcasting Corporation of India) Act, 1990
Press Council Act, 1965
Press Council Act, 1978
Press Council (Procedure for Inquiry) (Amendment) Regulations, 2006
Press Council Rules, 1979
Press Council (Procedure for Nomination of Members) Rules, 1978
Young Persons (Harmful Publications) Act, 1956
Pharma & Medical laws
Drugs and Cosmetics Act, 1940
Homoeopathy Central Council Act, 1973
Insecticides Act, 1968
National Institute of Pharmaceutical Education and Research Act, 1998
Professional law
Advocates act, 1961
Advocates' Welfare Fund Act, 2001
Architects Act, 1972
Chartered Accountants Act, 1949
Chartered Accountants (Election Tribunal) Rules, 2006
Company Secretaries Act, 1980
Cost and Works Accountants Act, 1959
Cost and Works Accountants (Election Tribunal) Rules, 2006
Cost Audit Report Rules, 2001
Notaries Act,1952
Property law
Land Acquisition Act, 1894
Land Acquisition (Companies) Rules, 1963
Transfer of Property Act, 1882
Urban land (Ceiling and Regulation) Act, 1976
Tax law
Additional Duties of Excise (Goods of Special Importance) Act,1957
Additional Duties of Excise (Textiles and Textile Articles) Act, 1978
Banking Cash Transaction Tax Rules, 2005
Capital Gains Accounts Scheme, 1988
Central Duties of Excise (Retrospective Exemption) Act, 1986
Central Excise (Advance Rulings) Rules, 2002
Central Excise Laws (Amendment & Validation) Act, 1982
CENVAT Credit Rules, 2004
Customs Act, 1962
Electronic Filing of Returns of Tax Collected at Source Scheme, 2005
Electronic Filing of Returns of Tax Deducted at Source Scheme, 2003
Electronic Furnishing of Returns of Income Scheme, 2003
Expenditure Tax Act, 1987
Finance Act, 2008
Income-Tax (Appellate Tribunal) Rules, 1963
Income-tax (Ninth Amendment) Rules, 2007
Income-tax Settlement Commission (Procedure) Rules, 1997
Income-tax Welfare Fund Rules, 2007
Interest-Tax Act, 1974
Jute Manufactures Cess Act, 1983
Provisional Collection of Taxes Act, 1931
Salt Cess Act, 1953
Salt Cess Rules, 1964
Service Tax Rules, 1994
Service Tax (Advance Rulings) Rules, 2003
Service Tax (Determination of Value) Rules, 2006
Service Tax (Provisional Attachment of Property) Rules, 2008
Service Tax (Publication of Names) Rules, 2008
Service Tax (Registration of Special Category of Persons) Rules, 2005
Miscellaneous law
Acquired Territories (Merger) Act, 1960
Additional Emoluments (Compulsory Deposit) Act, 1974
Atomic Energy Act, 1962
Atomic Energy (Amendment) Act, 1986
Atomic Energy (Amendment) Act, 1987
Central Vigilance Commission Act, 2003
Code of Civil Procedure, 1908
Collection of Statistics Act, 2008
Constitution of India
Delimitation Act, 2002
Electricity Act, 2003
Electricity (Amendment) Act, 2007
Energy Conservation Act, 2001
Food Corporations Act, 1964
Food Corporations Regulations, 1965
Food Corporations Rules, 1965
Foreign Aircraft (Exemption from Taxes and Duties on Fuel and Lubricants) Act, 2002
General Clauses Act, 1897
Indian Boilers Act, 1923
Indian Easements Act, 1882
Indian Ports Act, 1908
Indian Post Office Act, 1898
Indian Telegraph Act, 1885
Indian Trusts Act, 1882
Indian Wireless Telegraphy Act, 1933
Information Technology Act, 2000
Limitation Act, 1963
Major Port Trusts Act, 1963
Merchant Shipping Act, 1958
Multi-State Cooperative Societies Act, 1984
National Security Act, 1980
Oaths Act,1969
Official Secrets Act,1923
Partition Act,1893
Passports Act, 1967
Pharmacy Act, 1948
Poisons Act, 1919
Powers of Attorney Act,1882
Prevention of Cruelty to Animals Act, 1960
Prevention of Insults to National Honour Act, 1971
Probation of Offenders Act, 1958
Protection of Human Rights Act, 1993
Registration Act, 1908
Registration of Foreigners Act, 1939
Representation of the People Act, 1950
Societies Registration Act,1860
Specific Relief Act, 1963
Suits Valuation Act, 1887
Telecom Regulatory Authority of India Act, 1997
Telecom Regulatory Authority of India (Allowances to part-time members) Rules, 2000
Telecom Regulatory Authority of India (Allowances to part-time Members) Amendment Rules, 2001
Telecom Regulatory Authority of India (Contributory Provident Fund) Rules, 2003
Telecom Regulatory Authority of India, Service Providers (Maintenance of Books of Accounts and other Documents) Rules, 2002
Transplantation of Human Organs Act, 1994
Bankers Book Evidence Act,1891
Banking Regulation Act, 1949
Banking Regulation (Companies) Rules, 1949
Debts Recovery Tribunal (Procedure) Rules, 1993
Debts Recovery Tribunal (Procedure for Appointment as Presiding Officer of The Tribunal) Rules, 1998
Debts Recovery Appellate Tribunal (Financial and Administrative Power) Rules, 1997
Debts Recovery Appellate Tribunal (Procedure) Rules, 1994
Debts Recovery Appellate Tribunal (Procedure for Appointment as Chairperson of the Appellate Tribunal) Rules, 1998
Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2004
Equity Linked Savings Scheme, 2005
Insurance Act, 1938
Insurance Regulatory and Development Authority Act, 1999
Interest Act, 1978
Life Insurance Corporation Act, 1956
Marine Insurance Act, 1963
Negotiable Instrument Act, 1881
Negotiable Instruments (Amendment and Miscellaneous Provisions) Act, 2002
Recovery of Debts Due to Banks and Financial Institutions Act, 1993
Regional Rural Banks Act, 1976
Reserve Bank of India Act, 1934
Reserve Bank (Transfer to Public Ownership) Act, 1948
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
State Financial Corporations Act, 1951
Business & Commercial law
Carriage By Road Act, 2007
Hire-Purchase Act, 1972
Indian Contract Act, 1872
Indian Partnership Act, 1932
Limited Liability Partnership Act, 2008
Sale of Goods Act, 1930
Consumer laws
Bureau of Indian Standards (Recognition of Consumer's Associations) Rules, 1991
Consumer Protection Act,1986
Consumer Protection Regulation, 2005
Consumer Protection (Second Amendment) Rules, 2006
Essential Commodities Act, 1955
Monopolies and Restrictive Trade Practices Rules, 1970
Prevention of Food Adulteration Act, 1954
Standards of Weights and Measures (Enforcement) Act, 1985
Standards of Weights and Measures Act, 1976
Corporate law
Companies (Acceptance Of Deposits) Rules, 1975
Companies (Issue of Share Capital with Differential Voting Rights) Rules, 2001
Companies (Appointment and Qualifications of Secretary) Rules, 1988
Companies (Appointment of the Small Shareholders' Director) Rules, 2001
Companies (Amendment) Act, 2000
Companies (Amendment) Act, 2006
Companies (Branch Audit Exemption) Rules, 1961
Companies (Compliance Certificate) Rules, 2001
Companies (Court) Rules, 1959
Companies (Declaration of Dividend Out of Reserves) Rules, 1975
Companies (Disclosure of Particulars in the Report of Board of Directors) Rules, 1988
Companies (Fees on Applications) Rules, 1999
Companies (Issue of Share Certificates) Rules, 1960
Company Law Board (Fees on Applications and Petitions) Rules, 1991
Company Law Board (Qualifications, Experience and Other Conditions of Service of Members) Rules, 1993
Company Law Board Regulations, 1991
Company's Liquidation Accounts Rules, 1965
Companies (Official Liquidator's Accounts) Rules, 1965
Companies (Particulars of Employees) Rules, 1975
Companies (Passing of Resolution by Postal Ballot) Rules, 2001
Companies (Preservation and Disposal of Records) Rules, 1966
Companies Unpaid Dividend (Transfer to General Revenue Account of the Central Government) Rules, 1978
Competition Act, 2002
Conversion Foreign Exchange and Prevention of Smuggling Activities Act, 1974
Cost Audit Report Rules, 2001
Depositories Act, 1996
Export (Quality Control and Inspection) Act, 1963
Foreign Contribution (Regulation) Act, 1976
Foreign Exchange Management Act, 1999
Foreign Trade (Development and Regulation) Act, 1992
Foreign Trade (Regulation) Rules, 1993
Industries (Development and Regulation) Act, 1951
Manufacturing and Other Companies (Auditor's Report) Order, 1988
Non-Banking Financial Companies and Miscellaneous Non-Banking Companies (Advertisement) Rules, 1977
Private Limited Company and Unlisted Public Limited Company (Buy-back of Securities) Rules, 1999
Securities and Exchange Board of India Act, 1992
Securities And Exchange Board Of India (Appeal To Central Government) Rules, 1993
Securities and Exchange Board of India Appellate Tribunal (Procedure) Rules, 1995
Securities Contracts (Regulation) Rules, 1957
Sick Industrial Companies (Special Provisions) Act, 1985
Trustees (declaration of holdings of shares and debentures) rules, 1964
Criminal law
Arms Act, 1959
Code of Criminal Procedure, 1973
Economic Offences (Inapplicability of Limitation) Act, 1974
Indian Evidence Act, 1872
Indian Penal Code,1860
Juvenile Justice (Care and Protection of Children) Act, 2000
Narcotic Drugs and Psychotropic Substances Act, 1985
Prevention of Corruption Act , 1988
Prevention of Money Laundering Act, 2002
Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act, 1989
Environmental law
Air (Prevention and Control of Pollution) Act, 1981
Air (Prevention and Control of Pollution) Rules, 1982
Environment (Protection) Act, 1986
Forest (Conservation) Act, 1980
Hazardous Wastes (Management and Handling) Rules, 1989
Indian Forest Act, 1927
National Environment Appellate Authority Act, 1997
Water (Prevention and Control of Pollution) Act, 1974
Water (Prevention and Control of Pollution) Rules, 1975
Wild Life (Protection) Act, 1972
Family law & Social laws
Arya Marriage Validation Act, 1937
Births, Deaths and Marriages Registration Act, 1886
Children Act, 1960
Child Marriage Restraint Act, 1929
Commissions for Protection of Child Rights Act, 2005
Commission of Sati (Prevention) Act, 1987
Commission of Sati (Prevention) Rules, 1988
Converts' Marriage Dissolution Act, 1866
Dowry Prohibition Act,1961
Family Courts Act, 1984
Foreign Marriage Act, 1969
Guardians and Wards Act, 1890
Hindu Adoptions And Maintenance Act, 1956
Hindu Marriage Act, 1955
Hindu Marriages (Validation of Proceedings) Act, 1960
Hindu Minority and Guardianship Act, 1956
Hindu Succession Act, 1956
Indian Christian Marriage Act, 1872
Indian Divorce Act, 1869
Indian Matrimonial Causes (War Marriages) Act, 1948
Indian Succession Act, 1925
Maintenance and Welfare of Parents and Senior Citizens Act, 2007
Muslim Personal Law (Shariat) Application Act, 1937
Muslim Women (Protection of Rights on Divorce) Act, 1986
Parsi Marriage and Divorce Act, I936
Pre-conception and Prenatal Diagnostic Techniques (Prohibition of Sex Selection) Act, 1994
Protection of Women from Domestic Violence Act, 2005
Protection of Women from Domestic Violence Rules, 2005
Special Marriage Act, 1954
Intellectual Property law
Biological Diversity Act, 2002
Copyright Act, 1957
Copyright Rules, 1958
Designs Act, 2000
Designs Rules, 2001
Geographical Indications of Goods (Registration and Protection) Act, 1999
Geographical Indications of Goods (Registration and Protection) Rules, 2002
Intellectual Property Appellate Board (Procedure) Rules, 2003
International Copyright Order, 1999
Patents Act, 1970
Trade Marks Act, 1999
Trade Marks Rules, 2001
Labour & Service law
Apprentices Act, 1961
Bonded Labour System (Abolition) Act, 1976
Beedi and Cigar Workers (Conditions of Employment) Act, 1966
Beedi Workers Welfare Cess Act, 1976
Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act, 1996
Building and Other Construction Workers' Welfare Cess Act, 1996
Building and Other Construction workers' Welfare Cess Rules, 1998
Central Apprenticeship Council Rules, 1962
Child Labour (Prohibition and Regulation) Act, 1986
Employers Liability Act, 1938
Employees’ Deposit-Linked Insurance Scheme, 1976
Employees’ Pension Scheme, 1995
Employees’ Provident Funds Scheme, 1952
Employees' State Insurance Act, 1948
Employees’ State Insurance (Central) Rules, 1950
Employees' State Insurance Corporation (General Provident Fund) Rules, 1995
Employees’ State Insurance (General) Regulations, 1950
Employment Exchanges (Compulsory Notification of Vacancies) Act, 1959
Equal Remuneration Act, 1976
Factories Act, 1948
Industrial Disputes Act, 1947
Industrial Disputes (Banking Companies) Decision Act, 1955
Industrial Disputes (Central) Rules, 1957
Industrial Employment (Standing Orders) Act, 1946
Industrial Tribunal (Central Procedure) Rules, 1954
Industrial Tribunal (Procedure) Rules, 1949
Maternity Benefit Act, 1961
Mica Mines Labour Welfare Fund Act, 1946
Minimum Wages Act, 1948
Minimum Wages (Central) Rules, 1950
Payment of Bonus Act, 1965
Payment of Bonus Rules, 1975
Payment of Gratuity Act,1972
Payment of Wages Act, 1936
Plantations Labour Act, 1951
Public Provident Fund Act, 1968
Trade Unions Act, 1926
Weekly Holidays Act, 1942
Workmen’s Compensation Act 1923
Working Journalists (Conditions of Service) and Miscellaneous Provisions Rules, 1957
Media & Press laws
Cinematograph Act, 1952
Cinematograph (Certification) Rules, 1983
Cinematograph Film Rules, 1948
Cine-Workers and Cinema Theatre Workers (Regulation of Employment) Act, 1981
Delivery of Books (Public Libraries) Rules, 1955
Delivery of Books and Newspapers (Public Libraries) Act, 1954
Dramatic Performances Act, 1876
Drugs and Magic Remedies (Objectionable Advertisements) Act, 1954
Parliamentary Proceedings (Protection of Publication) Act, 1977
Prasar Bharati (Broadcasting Corporation of India) Act, 1990
Press Council Act, 1965
Press Council Act, 1978
Press Council (Procedure for Inquiry) (Amendment) Regulations, 2006
Press Council Rules, 1979
Press Council (Procedure for Nomination of Members) Rules, 1978
Young Persons (Harmful Publications) Act, 1956
Pharma & Medical laws
Drugs and Cosmetics Act, 1940
Homoeopathy Central Council Act, 1973
Insecticides Act, 1968
National Institute of Pharmaceutical Education and Research Act, 1998
Professional law
Advocates act, 1961
Advocates' Welfare Fund Act, 2001
Architects Act, 1972
Chartered Accountants Act, 1949
Chartered Accountants (Election Tribunal) Rules, 2006
Company Secretaries Act, 1980
Cost and Works Accountants Act, 1959
Cost and Works Accountants (Election Tribunal) Rules, 2006
Cost Audit Report Rules, 2001
Notaries Act,1952
Property law
Land Acquisition Act, 1894
Land Acquisition (Companies) Rules, 1963
Transfer of Property Act, 1882
Urban land (Ceiling and Regulation) Act, 1976
Tax law
Additional Duties of Excise (Goods of Special Importance) Act,1957
Additional Duties of Excise (Textiles and Textile Articles) Act, 1978
Banking Cash Transaction Tax Rules, 2005
Capital Gains Accounts Scheme, 1988
Central Duties of Excise (Retrospective Exemption) Act, 1986
Central Excise (Advance Rulings) Rules, 2002
Central Excise Laws (Amendment & Validation) Act, 1982
CENVAT Credit Rules, 2004
Customs Act, 1962
Electronic Filing of Returns of Tax Collected at Source Scheme, 2005
Electronic Filing of Returns of Tax Deducted at Source Scheme, 2003
Electronic Furnishing of Returns of Income Scheme, 2003
Expenditure Tax Act, 1987
Finance Act, 2008
Income-Tax (Appellate Tribunal) Rules, 1963
Income-tax (Ninth Amendment) Rules, 2007
Income-tax Settlement Commission (Procedure) Rules, 1997
Income-tax Welfare Fund Rules, 2007
Interest-Tax Act, 1974
Jute Manufactures Cess Act, 1983
Provisional Collection of Taxes Act, 1931
Salt Cess Act, 1953
Salt Cess Rules, 1964
Service Tax Rules, 1994
Service Tax (Advance Rulings) Rules, 2003
Service Tax (Determination of Value) Rules, 2006
Service Tax (Provisional Attachment of Property) Rules, 2008
Service Tax (Publication of Names) Rules, 2008
Service Tax (Registration of Special Category of Persons) Rules, 2005
Miscellaneous law
Acquired Territories (Merger) Act, 1960
Additional Emoluments (Compulsory Deposit) Act, 1974
Atomic Energy Act, 1962
Atomic Energy (Amendment) Act, 1986
Atomic Energy (Amendment) Act, 1987
Central Vigilance Commission Act, 2003
Code of Civil Procedure, 1908
Collection of Statistics Act, 2008
Constitution of India
Delimitation Act, 2002
Electricity Act, 2003
Electricity (Amendment) Act, 2007
Energy Conservation Act, 2001
Food Corporations Act, 1964
Food Corporations Regulations, 1965
Food Corporations Rules, 1965
Foreign Aircraft (Exemption from Taxes and Duties on Fuel and Lubricants) Act, 2002
General Clauses Act, 1897
Indian Boilers Act, 1923
Indian Easements Act, 1882
Indian Ports Act, 1908
Indian Post Office Act, 1898
Indian Telegraph Act, 1885
Indian Trusts Act, 1882
Indian Wireless Telegraphy Act, 1933
Information Technology Act, 2000
Limitation Act, 1963
Major Port Trusts Act, 1963
Merchant Shipping Act, 1958
Multi-State Cooperative Societies Act, 1984
National Security Act, 1980
Oaths Act,1969
Official Secrets Act,1923
Partition Act,1893
Passports Act, 1967
Pharmacy Act, 1948
Poisons Act, 1919
Powers of Attorney Act,1882
Prevention of Cruelty to Animals Act, 1960
Prevention of Insults to National Honour Act, 1971
Probation of Offenders Act, 1958
Protection of Human Rights Act, 1993
Registration Act, 1908
Registration of Foreigners Act, 1939
Representation of the People Act, 1950
Societies Registration Act,1860
Specific Relief Act, 1963
Suits Valuation Act, 1887
Telecom Regulatory Authority of India Act, 1997
Telecom Regulatory Authority of India (Allowances to part-time members) Rules, 2000
Telecom Regulatory Authority of India (Allowances to part-time Members) Amendment Rules, 2001
Telecom Regulatory Authority of India (Contributory Provident Fund) Rules, 2003
Telecom Regulatory Authority of India, Service Providers (Maintenance of Books of Accounts and other Documents) Rules, 2002
Transplantation of Human Organs Act, 1994
Wednesday, July 22, 2009
EC decision on RS bypolls challenged
Mumbai: The state bypolls for three seats in Rajya Sabha (RS) finds itself embroiled in a legal battle. The Shiv Sena has challenged the Election Commission of India decision to hold separate elections for every seat instead of holding it togetherin the Supreme Court. The RS elections are scheduled on August 10.
The Sena feels the decision of a separate election to every seat will give Congress-NCP mileage to corner all three seats as they outnumber the Sena-BJP in terms of arithmetic in the 288-member state assembly. Whereas, if the elections for all three seats take place together the Sena-BJP together can muster more than 100 MLAs' support to win one seat out of the three. The Sena suspects political motive behind such a move to favour the Congress-NCP.
The by-elections for RS is necessitated following vacancies after union civil aviation minister Praful Patel, Supriya Sule (NCP) and Mukul Wasnik (Congress) shifted to Lok Sabha from the RS after the parliament polls.
The notification for the RS by-polls is likely to be issued on Thursday coinciding with the hearing in the apex court on the petition filed by Sena candidate Rahul Narwekar.
Narwekar has stated: "The three vacancies are from the same category as the term of all three seats will expire on the same day April 2, 2012. Therefore, three vacancies should be filled by holding one election." It also emphasises how in the past the Election Commission has conducted one elections to fill these three seats in 2006."
According to the petition, "If separate elections are conducted it will defeat the objective of article 80(4) Constitution of India which advocates representation of every group in RS shall be in accordance to the strength of representation in their respective state legislation. It means proportionate representation."
The Sena feels the decision of a separate election to every seat will give Congress-NCP mileage to corner all three seats as they outnumber the Sena-BJP in terms of arithmetic in the 288-member state assembly. Whereas, if the elections for all three seats take place together the Sena-BJP together can muster more than 100 MLAs' support to win one seat out of the three. The Sena suspects political motive behind such a move to favour the Congress-NCP.
The by-elections for RS is necessitated following vacancies after union civil aviation minister Praful Patel, Supriya Sule (NCP) and Mukul Wasnik (Congress) shifted to Lok Sabha from the RS after the parliament polls.
The notification for the RS by-polls is likely to be issued on Thursday coinciding with the hearing in the apex court on the petition filed by Sena candidate Rahul Narwekar.
Narwekar has stated: "The three vacancies are from the same category as the term of all three seats will expire on the same day April 2, 2012. Therefore, three vacancies should be filled by holding one election." It also emphasises how in the past the Election Commission has conducted one elections to fill these three seats in 2006."
According to the petition, "If separate elections are conducted it will defeat the objective of article 80(4) Constitution of India which advocates representation of every group in RS shall be in accordance to the strength of representation in their respective state legislation. It means proportionate representation."
SC allows raped ‘child’ to give birth
New Delhi, July 21: The Supreme Court today allowed a mentally challenged rape victim who doctors said had a maximum IQ of a nine-year-old to give birth to her baby, saying nature will “take care” of the orphan mother and child.
The three-judge bench headed by Chief Justice K.G. Balakrishnan brushed aside every argument in favour of aborting the foetus, adopting a pro-life stand in a courtroom packed with activists, foreign journalists and young lawyers eager to gauge the outcome of the controversial case that is certain to generate in India a debate usually seen in the West.
“We are not in favour of termination of pregnancy,” the bench said, as it “stayed” a Punjab and Haryana High Court order.
The lower court had directed termination of the pregnancy, now in its 19th week, based on reports of an expert committee of doctors.
Under Indian law, medical termination of pregnancy is prohibited after the 20th week, though an appeal for a review of the 1971 act is pending before the Supreme Court.
In this case, the matter reached the apex court because the girl wanted to keep the baby but the Chandigarh administration was against it and the high court directed immediate termination.
The apex court acknowledged that time was “very less” for the 19-year-old, raped by two security guards at a home run by the Chandigarh administration, but took note of the statement of doctors that the woman had to be under constant supervision.
The three-judge bench headed by Chief Justice K.G. Balakrishnan brushed aside every argument in favour of aborting the foetus, adopting a pro-life stand in a courtroom packed with activists, foreign journalists and young lawyers eager to gauge the outcome of the controversial case that is certain to generate in India a debate usually seen in the West.
“We are not in favour of termination of pregnancy,” the bench said, as it “stayed” a Punjab and Haryana High Court order.
The lower court had directed termination of the pregnancy, now in its 19th week, based on reports of an expert committee of doctors.
Under Indian law, medical termination of pregnancy is prohibited after the 20th week, though an appeal for a review of the 1971 act is pending before the Supreme Court.
In this case, the matter reached the apex court because the girl wanted to keep the baby but the Chandigarh administration was against it and the high court directed immediate termination.
The apex court acknowledged that time was “very less” for the 19-year-old, raped by two security guards at a home run by the Chandigarh administration, but took note of the statement of doctors that the woman had to be under constant supervision.
HC reserves NTPC-RIL gas dispute order
Mumbai: The Bombay High Court on Tuesday reserved its order on the dispute between NTPC and Reliance Industries on whether the RIL be allowed to modify its written statement. RIL wanted NTPC to give its views on the minutes of empowered group of ministers (eGoM) held in September 2007 on gas utilisation policy. EGoM had fixed the K-G D6 gas price at $4.20 per million British thermal unit.
However, NTPC argued that the amendments suggested by RIL were not in contention to the case and that they were aware of the eGoM decisions as per its minutes of September 12, which was prior to commencement of trial. Moreover, eGoM minutes state that it is subject to RIL-NTPC suit and hence the amendments should not be allowed.
RIL counsel argued that their stand has always been that the contract between the companies was not a concluded one. He also stated that if the plea is not amended RIL’s rights will be affected but if the amendment is allowed NTPC’s rights do not get affected. RIL also pointed out that NTPC was a government nominee as per article 21(6) and that the amendment was sought as Union of India Affidavit in the RIL-RNRL case on January 13, states that the decision on price as per eGoM meeting September 12, 2007 will be applicable to all sectors.
This point was also raised by additional solicitor general in the RIL-RNRL case where he reiterated that NTPC is a government nominee and will take supply of gas as per the decisions of the government on parametres of price, quantity and tenure based on the utilisation policy. The division bench comprising Chief Justice Swatanter Kumar and Justice Khanwalkar have reserved their order on the amendment of the plea sought by RIL.
It must be mentioned here that the RIL-NTPC case relates to whether there is a binding nature of contract between NTPC and RIL. NTPC claims that based on a conditional acceptance of the letter of intent, the contract has been concluded and RIL should be directed to supply gas. On the other hand, RIL argues that the final contract has not been concluded as issues like “unlimited liability” on supply of alternate fuels and reserving gas for use had not been settled. NTPC filed suit in Bombay High Court on December 20, 2005, while discussions between were still on. NTPC stated the terms were binding on RIL as letter...
However, NTPC argued that the amendments suggested by RIL were not in contention to the case and that they were aware of the eGoM decisions as per its minutes of September 12, which was prior to commencement of trial. Moreover, eGoM minutes state that it is subject to RIL-NTPC suit and hence the amendments should not be allowed.
RIL counsel argued that their stand has always been that the contract between the companies was not a concluded one. He also stated that if the plea is not amended RIL’s rights will be affected but if the amendment is allowed NTPC’s rights do not get affected. RIL also pointed out that NTPC was a government nominee as per article 21(6) and that the amendment was sought as Union of India Affidavit in the RIL-RNRL case on January 13, states that the decision on price as per eGoM meeting September 12, 2007 will be applicable to all sectors.
This point was also raised by additional solicitor general in the RIL-RNRL case where he reiterated that NTPC is a government nominee and will take supply of gas as per the decisions of the government on parametres of price, quantity and tenure based on the utilisation policy. The division bench comprising Chief Justice Swatanter Kumar and Justice Khanwalkar have reserved their order on the amendment of the plea sought by RIL.
It must be mentioned here that the RIL-NTPC case relates to whether there is a binding nature of contract between NTPC and RIL. NTPC claims that based on a conditional acceptance of the letter of intent, the contract has been concluded and RIL should be directed to supply gas. On the other hand, RIL argues that the final contract has not been concluded as issues like “unlimited liability” on supply of alternate fuels and reserving gas for use had not been settled. NTPC filed suit in Bombay High Court on December 20, 2005, while discussions between were still on. NTPC stated the terms were binding on RIL as letter...
HDFC net up 21%; to raise Rs 4k crore
MUMBAI: Housing Development Finance Corporation on Wednesday unveiled plans to raise Rs 4,000 crore by placing debentures with institutions, as
it announced a 21% rise in first quarter profits and spoke about a resurgence in housing demand.
Shareholders of India’s top mortgage lender approved the qualified institutional placement (QIP) of non-convertible debentures with warrants, which allow its holders to buy shares in the future, at the firm’s annual meeting.
HDFC chairman Deepak Parekh said that the strike price for the warrants would be at a premium to present market levels.
Mr Parekh, who has run HDFC for nearly three decades and is set to become non-executive chairman after relinquishing executive duties at the end of 2009, told shareholders that there would not be any bonus issues until 2012-13 — making it 10 years after the last bonus issue.
However, he assured shareholders that the company would consider preferential allotment of shares in HDFC Standard Life to HDFC shareholders whenever the insurance firm chose to go public.
HDFC reported a net profit of Rs 564.92 cr for the quarter to end- June, up from Rs 468 in the year earlier period. Although profits improved, HDFC’s net interest margins declined slightly, falling to 2.19% for the quarter from 2.21% in FY09 and 2.32% the year before.
Mr Parekh said that margins in the earlier years were flattered by cheaper cost of funds thanks to the preferential allotment of shares to Carlyle and Citigroup, which raised Rs 3114cr raised in May 2007.
The HDFC chief also said that there was a resurgence in demand for housing, which was preventing property rates from falling while increasing loan growth.
HDFC approved loans worth Rs 12,259 cr during the quarter, up 23% year-on-year, while disbursals grew 21% to Rs 8,688 cr. Compared with the preceding quarter – the last quarter of the previous fiscal year – HDFC’s loan approvals and disbursements grew 45% and 19% respectively.
Responding to a query on outlook for interest rates Mr Parekh said “With the increased government borrowing, going forward everyone expects interest rates to rise. But for the the present there is ample liquidity and interest rates are soft” said Parekh.
Shares in HDFC closed 4.43% down at Rs 2,410.30 on Wednesday amid concerns of the expected equity dilution as a result of its proposed fund raising.
One analyst at a private bank, who did not wish to be named, said that there were concerns that the Rs 4,000cr QIP issue which could expand the com-pany’s equity base by 3.5% would put further pressure on margins. “The money will be used to buy shares of HDFC Bank, which will not earn as much income as say lending for home loans.”
it announced a 21% rise in first quarter profits and spoke about a resurgence in housing demand.
Shareholders of India’s top mortgage lender approved the qualified institutional placement (QIP) of non-convertible debentures with warrants, which allow its holders to buy shares in the future, at the firm’s annual meeting.
HDFC chairman Deepak Parekh said that the strike price for the warrants would be at a premium to present market levels.
Mr Parekh, who has run HDFC for nearly three decades and is set to become non-executive chairman after relinquishing executive duties at the end of 2009, told shareholders that there would not be any bonus issues until 2012-13 — making it 10 years after the last bonus issue.
However, he assured shareholders that the company would consider preferential allotment of shares in HDFC Standard Life to HDFC shareholders whenever the insurance firm chose to go public.
HDFC reported a net profit of Rs 564.92 cr for the quarter to end- June, up from Rs 468 in the year earlier period. Although profits improved, HDFC’s net interest margins declined slightly, falling to 2.19% for the quarter from 2.21% in FY09 and 2.32% the year before.
Mr Parekh said that margins in the earlier years were flattered by cheaper cost of funds thanks to the preferential allotment of shares to Carlyle and Citigroup, which raised Rs 3114cr raised in May 2007.
The HDFC chief also said that there was a resurgence in demand for housing, which was preventing property rates from falling while increasing loan growth.
HDFC approved loans worth Rs 12,259 cr during the quarter, up 23% year-on-year, while disbursals grew 21% to Rs 8,688 cr. Compared with the preceding quarter – the last quarter of the previous fiscal year – HDFC’s loan approvals and disbursements grew 45% and 19% respectively.
Responding to a query on outlook for interest rates Mr Parekh said “With the increased government borrowing, going forward everyone expects interest rates to rise. But for the the present there is ample liquidity and interest rates are soft” said Parekh.
Shares in HDFC closed 4.43% down at Rs 2,410.30 on Wednesday amid concerns of the expected equity dilution as a result of its proposed fund raising.
One analyst at a private bank, who did not wish to be named, said that there were concerns that the Rs 4,000cr QIP issue which could expand the com-pany’s equity base by 3.5% would put further pressure on margins. “The money will be used to buy shares of HDFC Bank, which will not earn as much income as say lending for home loans.”
Hrithik shares his Sussanne!
Hrithik wanted to surprise Sussanne, who is holidaying in London with her good friend Gauri Khan and a few others. So he waited for Sussanne and his sons, Hrehaan and Hridhan, to fly off to London and then called tattoo artist Sameer Patange home.
The perfectionist that he is, he discussed the tattoo in great detail. Patange says, “He chose an Elvish font that was made famous with the Lord Of The Rings franchise.” Hrithik, who didn’t wish to spoil the surprise for Sussanne, then made sure that none of the papers nor channels got to see the tattoo before his wife did.
The perfectionist that he is, he discussed the tattoo in great detail. Patange says, “He chose an Elvish font that was made famous with the Lord Of The Rings franchise.” Hrithik, who didn’t wish to spoil the surprise for Sussanne, then made sure that none of the papers nor channels got to see the tattoo before his wife did.
FORBES INDIA
When a smart, love story-infused revenge saga like Ghajini sweeps the box office, becoming the only Indian film to earn Rs 100 crore across the country in under a week, it hardly surprises anyone. The film, starring Aamir Khan, was refreshingly unusual for Indian audiences.
But what if the extraordinary story wasn’t screenwriter A R Murugadoss’ own? By now, most movie-goers know it wasn’t. They may have even seen the original, American academy award-winning film, Memento (2002).
For many years Bollywood producers have been greenlighting derivatives of foreign films - many of them American. As Sanjay Chel, screenwriter of Partner (2007), which many agree is a replication of the American movie Hitch (2005), says, “We get inspired.” All this while, Hollywood - thousands of miles away and largely unaware of Indian cinema - did not notice that its films were being copied.
But the jig is up. Since the turn of the century, when the government granted official status to Bollywood as an industry, the US slowly started to become aware of Indian cinema. And now, the collision of Los Angeles and Mumbai has put the spotlight on intellectual property rights (IPR). In Bollywood, growing awareness and enforcement of IPR is pushing producers toward more original, local fare. As for Hollywood, it has started going after the copycats.
On June 15, the Bombay High Court stayed the release of BR Films’ Banda Yeh Bindaas Hai, which 20th Century Fox alleges is a remake of their 1992 Oscar Award-winning film My Cousin Vinny. In April, Warner Bros. issued a public notice against any adaptation or remake of The Curious Case of Benjamin Button, following rumours that Vipul Shah was making a copycat fil
But what if the extraordinary story wasn’t screenwriter A R Murugadoss’ own? By now, most movie-goers know it wasn’t. They may have even seen the original, American academy award-winning film, Memento (2002).
For many years Bollywood producers have been greenlighting derivatives of foreign films - many of them American. As Sanjay Chel, screenwriter of Partner (2007), which many agree is a replication of the American movie Hitch (2005), says, “We get inspired.” All this while, Hollywood - thousands of miles away and largely unaware of Indian cinema - did not notice that its films were being copied.
But the jig is up. Since the turn of the century, when the government granted official status to Bollywood as an industry, the US slowly started to become aware of Indian cinema. And now, the collision of Los Angeles and Mumbai has put the spotlight on intellectual property rights (IPR). In Bollywood, growing awareness and enforcement of IPR is pushing producers toward more original, local fare. As for Hollywood, it has started going after the copycats.
On June 15, the Bombay High Court stayed the release of BR Films’ Banda Yeh Bindaas Hai, which 20th Century Fox alleges is a remake of their 1992 Oscar Award-winning film My Cousin Vinny. In April, Warner Bros. issued a public notice against any adaptation or remake of The Curious Case of Benjamin Button, following rumours that Vipul Shah was making a copycat fil
Deepika gossips
The junior crew members of the Love Aaj Kal team had a pleasant experience shooting with the leading lady Deepika Padukone. One of the crew members says that they grew fond of Deepika while shooting with her and on the other hand she also became friendly with them. They would often be a part of some prank and gossip on the walkie-talkie.
A unit source revealed, "Deepika would borrow the walkie from one of the assistant directors and pass comments, amusing and communicating to a select few who would know and leave the rest baffled as to who the mysterious voice was. The crew members in the beginning were unaware that it was Deepika and gossiped with her openly. Someone suddenly realized that she was playing a prank with them and soon the whole unit realized that Deepika was the mysterious person. But Deepika sincerely enjoyed the banter and took all the gossip very sportingly."
A unit source revealed, "Deepika would borrow the walkie from one of the assistant directors and pass comments, amusing and communicating to a select few who would know and leave the rest baffled as to who the mysterious voice was. The crew members in the beginning were unaware that it was Deepika and gossiped with her openly. Someone suddenly realized that she was playing a prank with them and soon the whole unit realized that Deepika was the mysterious person. But Deepika sincerely enjoyed the banter and took all the gossip very sportingly."
Tuesday, July 21, 2009
ambani battle for property,legal suit
uly 21 (Bloomberg) -- Indian officials said a legal battle between the billionaire Ambani brothers over the supply of natural gas involves “national property” and vowed to ensure the resource is used in accordance with government policy.
The fuel “doesn’t belong to them, but to the people of India,” Oil Minister Murli Deora said by telephone today from New Delhi, a day after the Supreme Court adjourned hearings in the lawsuit to Sept. 1. Oil Secretary R.S. Pandey, the top bureaucrat in the ministry, said yesterday “the government will protect its property at all costs.”
Anil Ambani wants to enforce a 2005 agreement requiring Reliance Industries Ltd., controlled by brother Mukesh Ambani, to sell gas from a Bay of Bengal field to his Reliance Natural Resources Ltd. at 44 percent less than the state-set price. Anil’s lawyers have questioned the government’s decision to ask a bench headed by Chief Justice K.G. Balakrishnan to scrap the pact based on an accord under which the family empire was split.
“The government will have legislation and rules in place, they will have the final say,” said Chong Yoon Chou, Singapore- based investment director at Aberdeen Asset Management Asia Ltd., which has $30 billion of assets. “The conflict highlights the risks of family run businesses.”
The Supreme Court allowed Mukesh Ambani’s company on July 20 to continue selling gas from the field to power and fertilizer producers, lawyers for the government and Reliance Industries said. India’s most valuable company hassurged 64 percent in Mumbai this year, outpacing the 56 percent gain in the benchmark Sensitive Index, as investors bet output from the country’s biggest gas field will boost earnings.
for free online help - contact advocate amit kumar
The fuel “doesn’t belong to them, but to the people of India,” Oil Minister Murli Deora said by telephone today from New Delhi, a day after the Supreme Court adjourned hearings in the lawsuit to Sept. 1. Oil Secretary R.S. Pandey, the top bureaucrat in the ministry, said yesterday “the government will protect its property at all costs.”
Anil Ambani wants to enforce a 2005 agreement requiring Reliance Industries Ltd., controlled by brother Mukesh Ambani, to sell gas from a Bay of Bengal field to his Reliance Natural Resources Ltd. at 44 percent less than the state-set price. Anil’s lawyers have questioned the government’s decision to ask a bench headed by Chief Justice K.G. Balakrishnan to scrap the pact based on an accord under which the family empire was split.
“The government will have legislation and rules in place, they will have the final say,” said Chong Yoon Chou, Singapore- based investment director at Aberdeen Asset Management Asia Ltd., which has $30 billion of assets. “The conflict highlights the risks of family run businesses.”
The Supreme Court allowed Mukesh Ambani’s company on July 20 to continue selling gas from the field to power and fertilizer producers, lawyers for the government and Reliance Industries said. India’s most valuable company hassurged 64 percent in Mumbai this year, outpacing the 56 percent gain in the benchmark Sensitive Index, as investors bet output from the country’s biggest gas field will boost earnings.
for free online help - contact advocate amit kumar
Monday, July 20, 2009
Clinton Makes Gains on India Defense Deals,Climate
July 21 (Bloomberg) -- Secretary of State Hillary Clinton’s first trip to India opened the door for $20 billion in U.S. defense and nuclear energy sales, while making little headway on bridging divides over climate change and arms control.
Clinton’s three-day visit -- her longest to any nation as the chief U.S. diplomat -- was billed as an opportunity to upgrade cooperation with the world’s largest democracy and one of its fastest-growing economies.
The two governments established a Cabinet-level “strategic dialogue” on agriculture, trade, energy, education and homeland security, a mechanism designed to “broaden and deepen” ties and encourage India to help solve global problems, Clinton said yesterday.
Most significant among yesterday’s agreements was an accord to monitor the use and any attempted resale of U.S. defense technology and equipment, a requirement under the U.S. Arms Export Control Act of 1996. India’s approval of the provision removed a barrier to American military exports.
Lockheed Martin Corp., based in Bethesda, Maryland, and Boeing Co. of Chicago are among companies competing for $11 billion in fighter-jet orders from India, the largest defense contract in play worldwide.
India also used the final day of the Clinton visit to designate two sites for U.S.-built nuclear power plants in the states of Andhra Pradesh and Gujarat, part of an agreement negotiated by former President George W. Bush on civilian nuclear power.
GE, Westinghouse
GE Hitachi Nuclear Energy, a subsidiary of Fairfield, Connecticut-based General Electric Co., and Monroeville, Pennsylvania-based Westinghouse Co., a subsidiary of Tokyo’s Toshiba Corp., would be among the companies bidding for nuclear energy contracts worth at least $10 billion. More than 30 U.S. nuclear-industry suppliers have expressed interest.
Clinton’s three-day visit -- her longest to any nation as the chief U.S. diplomat -- was billed as an opportunity to upgrade cooperation with the world’s largest democracy and one of its fastest-growing economies.
The two governments established a Cabinet-level “strategic dialogue” on agriculture, trade, energy, education and homeland security, a mechanism designed to “broaden and deepen” ties and encourage India to help solve global problems, Clinton said yesterday.
Most significant among yesterday’s agreements was an accord to monitor the use and any attempted resale of U.S. defense technology and equipment, a requirement under the U.S. Arms Export Control Act of 1996. India’s approval of the provision removed a barrier to American military exports.
Lockheed Martin Corp., based in Bethesda, Maryland, and Boeing Co. of Chicago are among companies competing for $11 billion in fighter-jet orders from India, the largest defense contract in play worldwide.
India also used the final day of the Clinton visit to designate two sites for U.S.-built nuclear power plants in the states of Andhra Pradesh and Gujarat, part of an agreement negotiated by former President George W. Bush on civilian nuclear power.
GE, Westinghouse
GE Hitachi Nuclear Energy, a subsidiary of Fairfield, Connecticut-based General Electric Co., and Monroeville, Pennsylvania-based Westinghouse Co., a subsidiary of Tokyo’s Toshiba Corp., would be among the companies bidding for nuclear energy contracts worth at least $10 billion. More than 30 U.S. nuclear-industry suppliers have expressed interest.
Sunday, July 19, 2009
Sampat Singh quits INLD
Citing differences over the way the party was being run by the family of former chief minister Om Prakash Chautala, Sampat, a former finance minister in the Chautala government and a Jat leader, said, “It’s with a heavy heart that I’ve decided to resign from the party.”
Sampat, associated with the party for over 32 long years, though, did not confirm rumours whether he would join the Congress.
Sampat, associated with the party for over 32 long years, though, did not confirm rumours whether he would join the Congress.
Declare Ambani MoU illegal, govt asks SC
The government today joined the dispute that has simmered between Mukesh and Anil Ambani since 2006 over gas from the Krishna-Godavari basin when it filed a special leave petition (SLP) in the Supreme Court pleading that the memorandum of understanding between the two brothers be treated “illegal” and declared null and void as it treated the gas as a personal and family property of the signatories.
Anil Ambani-promoted Reliance Natural Resources Ltd (RNRL) has laid claim (through a family agreement prior to the group’s split in 2005) to 28 million standard cubic metres a day (mscmd) of gas from Mukesh Ambani’s Reliance Industries Ltd (RIL) at a price of $2.34 per million metric British thermal units (mmBtu) for 17 years.
Saturday, July 18, 2009
Designer Rahul Jain to rope in Shahid for ‘Fashion 2’
After Bollywood actress Priyanka Chopra sashayed away with the honours in Madhur Bhandarkar’s movie Fashion, it’s now the turn of a true blue
Fashion designer Rahul Jain, who is almost done with writing the script of his film, is all set to tie up with a production house and rope in actorShahid Kapoor for his directorial debut. “My movie is not a repeat of Fashion. It is about a designer’s life, which will show the success, pain, sorrow and struggle in our life and will portray the fashion world from a designer’s point of view,” Jain told SundayET. And though he declined to reveal the name of the production houses he is in talks with, the buzz in the fashion circle is that it is none other than UTV.
When asked whether Bollywood belle Priyanka Chopra is in contention for the female lead, Jain answered in the negative and explained that in his movie it has to be a fresh and ordinary face. “I need a fresh girl to act,” he said “ ...and I do not want anyone from the film industry. That has to come from ordinary people like us.”
Refund Rs 600 cr: Maytas to Satyam
HYDERABAD: Is a battle brewing between the B Teja Rajupromoted Maytas Infra, the Rama Raju Jr-promoted Maytas Properties and the now
Mahindra-controlled Satyam?
In a surefire indicator that Maytas and Satyam are headed on a collision course, the government-controlled Maytas Infra board has declared that Rs 380 crore worth of inter-corporate deposits (ICDs) had found their way to Satyam accounts.
What’s more, another Rs 220 crore is learnt to have wound its way into Satyam accounts from Maytas Properties. Now both these companies are seeking a refund from Satyam, in which Tech Mahindra has recently upped its stake to 42.7%.
Divulging this on Saturday after the Matyas Infra board meeting here, Ved Jain, government-appointed director on board of both Maytas Infra and Maytas Properties, said: “We have found that the entire ICDs of Rs 380 crore have gone out of Maytas Infra to 14 or 15 Maytas Infra-controlled private companies and from there to Satyam bank accounts. Another Rs 220 crore from Maytas Properties has gone into Satyam accounts.”
In a surefire indicator that Maytas and Satyam are headed on a collision course, the government-controlled Maytas Infra board has declared that Rs 380 crore worth of inter-corporate deposits (ICDs) had found their way to Satyam accounts.
What’s more, another Rs 220 crore is learnt to have wound its way into Satyam accounts from Maytas Properties. Now both these companies are seeking a refund from Satyam, in which Tech Mahindra has recently upped its stake to 42.7%.
Divulging this on Saturday after the Matyas Infra board meeting here, Ved Jain, government-appointed director on board of both Maytas Infra and Maytas Properties, said: “We have found that the entire ICDs of Rs 380 crore have gone out of Maytas Infra to 14 or 15 Maytas Infra-controlled private companies and from there to Satyam bank accounts. Another Rs 220 crore from Maytas Properties has gone into Satyam accounts.”
Selja seeks amendment to town planning
New Delhi (PTI): Seeking reservation of land for affordable housing and survey of all slums in cities across India, the Centre has asked all state governments and Union Territories to amend town planning and other related laws for this.
In a letter written to all chief ministers, Housing and Urban Poverty Alleviation Minister Kumari Selja has sought the amendment to town planning for reservation of land for affordable housing.
"You may kindly consider amending town planning, urban area development, municipal and other related laws to provide for reservation of land for affordable housing, basic amenities and informal sector activities of the poor," Ms. Selja stated in her letter.
Friday, July 17, 2009
Customs seize Chinese cargo with fake 'made-in-India' products
CHENNAI: Instances of spurious Chinese products making their way into India with fake "Made in India" labels are clearly on the rise. In the
second such case in a month, Chennai Port Customs has seized a 40-feet container full of counterfeit products ranging fromcosmetics to mobile phone batteries, which came from Shekou port in China. They were shipped by Fei Peng Trading Ltd in China to MMS Euro, a Mumbai-based firm. The Mumbai firm promoters are now absconding, said Customs officials adding that this is the first consignment imported by the company through Chennai port.
Only a month ago, Chennai Customs had seized two lakh pieces of counterfeit spark plugs that bore MICO company seal and the made-in-India tag. Similarly, Chinese-made spurious anti-malarial drugs Maloxine and Amalar - with "Made in India" labels were seized by Nigerian Government Drug Regulatory Authority in the first half of June.
Only a month ago, Chennai Customs had seized two lakh pieces of counterfeit spark plugs that bore MICO company seal and the made-in-India tag. Similarly, Chinese-made spurious anti-malarial drugs Maloxine and Amalar - with "Made in India" labels were seized by Nigerian Government Drug Regulatory Authority in the first half of June.
PREVIEW-India top oil companies to report lower Q1 profits
MUMBAI, July 17 (Reuters) - India's top energy firm, Reliance Industries Ltd (RELI.BO), is expected to post a dip in quarterly profit on tighter refining margins, while leading oil producer ONGC (ONGC.BO) is forecast to say profit fell on lower crude prices.
Reliance, the country's largest listed company with a market value of $60 billion, began pumping gas from its vast, newly developed field off India's east coast in April, which should help it offset shrinking refining margins in coming quarters.
Reliance, controlled by billionaire tycoon Mukesh Ambani, was producing 28 million metric cubic metres a day (mmscmd) of gas on June 25 from the Krishna-Godavari basin and aims to reach peak output of 80 mmscmd by December, which would double the country's natural gas output. [ID:nBOM327569]
The company struck a deal in February to absorb subsidiary Reliance Petroleum (RPET.BO), giving it full control over the world's largest refinery operation, in the western state of Gujarat. [ID:nBOM372675] "The increase in oil and gas production, and ramp up of production at the new refinery, should help Reliance post higher profit numbers in quarters to come," said Deepak Pareek, a research analyst at Angel Broking.
Reliance Industries has been locked in a legal dispute over terms of a gas supply agreement reached in a 2005 family settlement with Reliance Natural Resources (RENR.BO), controlled by Mukesh Ambani's younger brother, Anil Ambani.
MUMBAI, July 17 (Reuters) - India's top energy firm, Reliance Industries Ltd (RELI.BO), is expected to post a dip in quarterly profit on tighter refining margins, while leading oil producer ONGC (ONGC.BO) is forecast to say profit fell on lower crude prices.
Reliance, the country's largest listed company with a market value of $60 billion, began pumping gas from its vast, newly developed field off India's east coast in April, which should help it offset shrinking refining margins in coming quarters.
Reliance, controlled by billionaire tycoon Mukesh Ambani, was producing 28 million metric cubic metres a day (mmscmd) of gas on June 25 from the Krishna-Godavari basin and aims to reach peak output of 80 mmscmd by December, which would double the country's natural gas output. [ID:nBOM327569]
The company struck a deal in February to absorb subsidiary Reliance Petroleum (RPET.BO), giving it full control over the world's largest refinery operation, in the western state of Gujarat. [ID:nBOM372675]"The increase in oil and gas production, and ramp up of production at the new refinery, should help Reliance post higher profit numbers in quarters to come," said Deepak Pareek, a research analyst at Angel Broking.
Reliance Industries has been locked in a legal dispute over terms of a gas supply agreement reached in a 2005 family settlement with Reliance Natural Resources (RENR.BO), controlled by Mukesh Ambani's younger brother, Anil Ambani.Butt calls for talks to solve World Cup dispute
Ijaz Butt, the PCB chairman, has denied boycotting Tuesday's meeting in Mumbai that confirmed that India, Sri Lanka and Bangladesh will host the 2011 World Cup matches that were originally allocated to Pakistan. He also called for further talks aimed at bringing back some of the World Cup games to Pakistan.
Pakistan had been invited to the meeting of the World Cup Central Organising Committee but the PCB skipped it, though it deputed Zakir Khan, its director (cricket operations), to attend the ICC event's logo launch ceremony.
Thursday, July 16, 2009
pakistan still wanttalk over world cup
KARACHI (AFP) — Pakistan's cricket chief on Wednesday denied boycotting a meeting in India that handed the country's World Cup 2011 matches to co-hosts and called again for talks on winning back the fixtures.
The Central Organising Committee (COC) of the World Cup 2011 met in Mumbai on Tuesday and redistributed the 14 matches originally given to Pakistan. Eight went to India, four to Sri Lanka and two to Bangladesh.
Pakistan, which was stripped of its matches by the International Cricket Council (ICC) in April over security fears, was invited to the meeting as the fourth co-host but no Pakistan Cricket Board (PCB) representative attended.
PCB chairman Ijaz Butt denied Pakistan had refused to go to the event.
Air India Asked To Mull Plane Orders
NEW DELHI -- India's federal government has asked loss-making national carrier Air India to start talks with Boeing Co. and Airbus to restructure its orders for 111 planes, an Air India executive said Wednesday.
"The (Air India) management was told in the last board meeting to look at options of both deferring and canceling future aircraft deliveries," Jitendra Bhargava, executive director for corporate communications at Air India, told Dow Jones Newswires.
"We have been told to get back to the government with the legal implications. There has been no decision by the company taken yet," said Mr. Bhargava.
Air India ordered a combined 111 planes from Boeing and Airbus, valued at an estimated $15 billion at list prices. The carrier has already received 50 planes from the two aircraft manufacturers.
Wednesday, July 15, 2009
reserve bank of india service board ,mumbai
RBI Mumbai Requires Officers in Grade’B”, Last date 24th August 09
Posted on July 9th, 2009Advt. No. 1A/2009-10
RBI Requires Officers in Grade ‘B’
Posts: 79 posts (UR-39,SC-11,ST-6, OBC-23) (PH-7)
Age: 21-30 years
Pay Scale: Rs.13700-24400
Qualification: (i) A First Class Bachelor’s Degree with a minimum of 60% marks or an equivalent grade OR (ii) A Second Class Master’s Degree with a minimum of 55% marks or an equivalent grade OR (iii) A Doctorate Degree with 50% marks in Master’s Degree or equivalent grade OR (iv) Chartered/ Cost Accountant/ Company Secretary (ACS) with a Bachelor’s Degree OR (v) A Post Graduate Diploma in Management from IIM only. (SC/ ST/ VH/ HI candidates having second class with a minimum of 50% marks or equivalent grade in Bachelor’s Degree examination OR having a Post-graduate Degree or equivalent recognized qualification, are eligible to apply)
-Selection by written test and interview.
Application Fee:
-Rs.100/- (No fee is payable by SC/ST/PH candidates) payable by Demand Draft favouring Reserve Bank of India and payable at Mumbai only.
-Candidates should write their name and address on the reverse of the Demand Draft and in the space provided for the purpose on the Postal Orders (if fee is payable) and enclose them to the application with a pin (should not be stapled).
-However, candidates from un-banked areas may pay fee by crossed Indian Postal Orders in favour of Reserve Bank of India payable at GPO, Mumbai.
How to Apply : Applications in the prescribed format and completd in all respect to be sent to General Manager, Reserve Bank of India Services Board, Post Bag No. 14501, Mumbai Central Post Office, Mumbai-400008 by ordinary post on or before 24/08/2009. (Last date is 31/08/09 for candidates from far-flung areas.)
legal affairs magazine"witness"set 4 launch
'Witness', touted as India's first magazine on Legal and Corporate affairs, is set to hit newsstands. The magazine, published by Srigro Interactive Pvt Ltd
Tuesday, July 14, 2009
majob law jobs go to india
The London Evening Standard reports on the ripple effect from the Rio Tinto decision to outsource legal work last May.
The Evening Standard spoke with Soumitro Chatterjee, head of outsourcing for India's largest law firm, FoxMandal Little, who believes that "more than 3,000 corporate lawyers and administration staff in cities such as Mumbai and Delhi [will be] going on the pay roll of City firms and British companies by the start of next year. Mr Chatterjee said he had met representatives from 10 City firms in recent weeks - each looking to outsource up to 100 legal jobs." In other words, up to another 1,000 legal jobs are set to move from London to India this year.
Major UK firms such as, Allen & Overy, Clifford Chance, Eversheds, Lovells, as well as Simmons and Simmons have already been sending work to India and South Africa.
Govt. India Plan To Launch SME Helpline
our indian government has deciding to launch of free helpline number for (sme-small and medium enterprizes) also for departments like law, finance,taxation,marketing etc.this is very helpful for the less earning businessmans so it may provide relief to sme enterprizers.
legal-judicial academy
Supreme Court judge DK Jain, being the chief guest, inaugurated the conference. Another apex court judge P Sathasivam presided over the function, while justice TS Thakur, chief justice of Punjab and Haryana, was the guest of honour. The conference was attended by many judges from Punjab and Haryana High Court and Kerala and Gujarat High Court, apart from a large number of advocates and judicial officers from different parts of the country.
Monday, July 13, 2009
ICICI LEGAL Notice to HDFC Bank Officials
MUMBAI: India’s second-largest lender, ICICI Bank, has shot off a legal notice to a senior official of HDFC Bank, for airing views on ICICI in a
business magazine. Mandeep Maitra, the officer in question, who is the head of human resources at HDFC Bank, told the magazine that she was careful in hiring people from ICICI Bank simply because she did not want the “ICICI culture” to seep into the bank she works for.
The contents of the story say that in each one of the past three years HDFC Bank had attracted around 900 officials from ICICI Bank.
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The contents of the story say that in each one of the past three years HDFC Bank had attracted around 900 officials from ICICI Bank.
Legal dispute for Force India
On Friday afternoon at the Nurburgring, the Force India Formula One Team received a visit from legal representatives accompanied by uniformed personnel who demanded that the team's motorhome be vacated as they wished to seize the team's property.
This dispute with the contractor has been on-going since last season and pertains to the quality of construction of the motorhome and its functionality. The contractor decided to take matters into their own hands without due notice and process and approached a local German court who were presented with highly disputable facts.
This dispute with the contractor has been on-going since last season and pertains to the quality of construction of the motorhome and its functionality. The contractor decided to take matters into their own hands without due notice and process and approached a local German court who were presented with highly disputable facts.
Chief Justice Of India (we need more courts)
PATNA: Chief Justice of India (CJI) K G Balakrishnan on Saturday said more courts are needed for disposal of pending cases. Laying the stone of a
seminar hall-cum-auditorium of Patna Law College on the occasion of its centenary celebrations, the CJI said as many as 350 murder cases are filed in Delhi city every year. Of them, hardly 225 are disposed of. Thus, more than 1000 cases pile up in a span of one decade. The CJI said Prime Minister Manmohan Singh recently wrote to him, pleading for more CBI special courts to deal with corruption cases. At least four such courts would be set up in Bihar soon, he said. There are at present two CBI courts in the state.
seminar hall-cum-auditorium of Patna Law College on the occasion of its centenary celebrations, the CJI said as many as 350 murder cases are filed in Delhi city every year. Of them, hardly 225 are disposed of. Thus, more than 1000 cases pile up in a span of one decade. The CJI said Prime Minister Manmohan Singh recently wrote to him, pleading for more CBI special courts to deal with corruption cases. At least four such courts would be set up in Bihar soon, he said. There are at present two CBI courts in the state.
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