Govt invites application for SEBI chief post, Madhabi Buch’s tenure ends on Feb 28, ET LegalWorld
The government on Monday initiated the process to find a successor for market regulator SEBI chief Madhabi Puri Buch, who was involved in an alleged conflict of interest row. The three-year term of Buch as Securities and Exchange Board of India (SEBI) chairperson ends on February 28. Buch turned 60 this month. The Department of […]
Govt proposes more sops for scrapping vehicles with BS-II, older emission standard, ET LegalWorld
With an aim to get rid of high-polluting vehicles, the transport ministry has proposed to double the rebate up to 50 per cent in one-time tax on purchase of new vehicles after scrapping those with BS-II and earlier emission standards. At present, a discount of 25 per cent in Motor Vehicle tax is provided on […]
Delhi HC seeks response from Govt. on crypto regulations amidst Bitbns investor complaints, ET LegalWorld
Highlights The Delhi High Court has issued a notice to the Ministry of Finance, Reserve Bank of India, and Securities and Exchange Board of India, seeking their response regarding the regulation of cryptocurrencies in India following a Writ Petition from victims of the BitBNS exchange. Investors have reported significant losses due to the BitBNS exchange’s […]
Zakir Hussain vs State Govt. Of Nct Of Delhi on 22 January, 2025
Delhi High Court Zakir Hussain vs State Govt. Of Nct Of Delhi on 22 January, 2025 Author: Jasmeet Singh Bench: Jasmeet Singh $~J * IN THE HIGH COURT OF DELHI AT NEW DELHI Judgment reserved on: 19.12.2024 Judgment pronounced on: 22 .01.2025 + BAIL APPLN. 1418/2024 ZAKIR HUSSAIN …..Petitioner Through: Mr Aditya Aggarwal and Ms […]
Govt sends JPC queries to EC for inputs on cost, logistics & impact of simultaneous polls, ET LegalWorld
Can the country return to elections with ballot paper? What’s the cost-benefit of one-nation-one-election (ONOE)? How many phases will be required to hold nationwide simultaneous elections and what will be the effect of model code of conduct imposed for such polls on the economy, foreign direct investment and development? How does the expenditure on polls […]
Govt approves bill to ease aircraft leasing rules, reducing costs for airlines, ET LegalWorld
The government’s move to approve a new bill changing India’s aircraft leasing rules making it easier for lessors to repossess planes in case of default of lease rentals will bring down cost of leasing for airlines, airlines and leasing firms said. The Union cabinet last week approved the Protection and Enforcement of Interests in Aircraft […]
Govt to ratify Cape Town Convention; will boost aircraft leasing activities in India: Official, ET LegalWorld
The Cape Town Convention that mainly pertains to leasing of aircraft will soon get legal backing in the country with the Union Cabinet recently approving a bill in this regard, according to a senior official. India is one of the world’s fastest growing civil aviation markets and domestic carriers have placed orders for more than […]
Govt may lift ban on lawyers fighting cases to get elderly their maintenance, ET LegalWorld
NEW DELHI: The Centre is mulling lifting the ban on lawyers in trial proceedings under the law to secure maintenance for neglected parents, but without compromising the core idea which barred them in the first place. Sources said a proposal is on the table to allow lawyers to take up cases of senior citizens before […]
SC stays HC decision ordering Delhi govt, Centre to enter MoU on Ayushman Bharat scheme, ET LegalWorld
In an interim order passed on Friday, the Supreme Court paused implementation of the Delhi High Court’s decision, which had asked the city government and the Union Ministry of Health and Family Welfare to enter into a Memorandum of Understanding (MoU) for implementing Ayushman Bharat scheme in the national capital. A bench of Justices B.R. […]
SC stays order asking Delhi govt to sign MoU over Centre’s health scheme, ET LegalWorld
The Supreme Court on Friday stayed an order asking the Delhi government to sign a memorandum of understanding (MoU) with the Union health ministry by January 5 to implement the PM-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM). A bench of Justices B R Gavai and Augustine George Masih issued notices to the Centre and others seeking […]