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Legal Era
From Legal Era
RBI to implement system-based asset classification in Urban Co-Operative Banks
The Reserve Bank has asked Urban Co-Operative Banks (UCBs) to implement system-based asset classification. The move is expected to improve the efficiency, transparency and integrity of the current...
After 3 months, I-T Dept to send communication to assessees facing probe
After a gap of three months, the Income Tax (I-T) Department will once again start sending communications to assessees facing investigation or proceedings under the Income Tax Act, black money or...
Arbitrability of the disputes/differences Insurance Policy
If the insurance co. disputes or repudiates the claim or the insured voluntarily executes the discharge voucher in accord and satisfaction of the claim, then there cannot be any reference of any...
SC seeks Centre’s reply on PIL for ban on disinfectant tunnels
The Supreme Court has directed the Centre to respond to a plea that sought immediate ban on the production, advertisement, installation, and use of disinfection tunnels which spray chemical...
State Arbitration Law Applies to FAA-Exempt Workers: New Jersey Supreme Court
The Supreme Court of New Jersey has ruled that the New Jersey Arbitration Act (NJAA) shall apply to arbitration agreements even if parties to the agreements are exempt from arbitration under section 1...
Consumer Protection Act, 2019: A Primer
The New Act addresses consumer concerns arising from the digitization of the business environment...
Parle drags Walmart India to Court over trademark infringement
In a rare instance of a domestic company suing a multi-national company for trademark violation, Parle Agro has pursued legal action against Walmart India. Parle has alleged that Walmart India...
‘Right to equality’: Daughters to have share in property: SC
In a significant verdict, the Supreme Court on Tuesday held that daughters cannot be deprived of their right to equality, and will have a share in parental property in accordance with Hindu Succession...
Apple loses patent infringement law suit; Jury orders $506 Million damages
Apple has been ordered to pay $506 million in damages for infringing upon patents held by PanOptis and related companies, according to a court ruling. The decision was given by Eastern District of...
Work on setting up of Delhi ‘smog tower’ has begun: Centre to SC
The Supreme Court on August 10 declined to entertain a plea to reconsider its decision for setting up of a ‘smog tower’ in Delhi, as a pilot project to combat the menace of air pollution, while the...
SEBI guidelines to aid trustees to monitor activities of Asset Management Companies
The Securities and Exchange Board of India (SEBI) on August 10 issued guidelines to provide administrative assistance to trustees in monitoring various activities of Asset Management Companies...
SC to hear 2009 contempt case against Prashant Bhushan
The Supreme Court on August 10 said that it will hear in detail whether any comment on corruption against judges tantamount to contempt of court, adding that it will hear the 2009 contempt case...