NCLT gets 24 new judicial, technical members, ET LegalWorld
New Delhi, Twenty-four new judicial and technical members have been appointed to the National Company Law Tribunal, a quasi-judicial authority that deals with corporate disputes. According to a notification issued by the Ministry of Corporate Affairs, the judicial and technical members have been appointed for a period of five years from the date they assume […]
HC directs Delhi govt to appoint members to mental health authority, ET LegalWorld
Delhi High Court has directed Delhi govt to expedite the filling up of posts of non-official members of the State Mental Health Authority. A bench of acting Chief Justice Vibhu Bakhru and Justice Tushar Rao Gedela said once the authority is constituted, it must take steps to set up review boards according to the Mental […]
Sebi enhances position limits for trading members in index F&O contracts, ET LegalWorld
Markets regulator Sebi on Tuesday said the position limit for Trading Members (TMs) across client and proprietary trades in index futures and options will now be higher of Rs 7,500 crore or 15 per cent of total open interest (OI) in the market. The position limits are separately applicable for index futures and index options, […]
Govt appoints Ram Singh, Saugata Bhattacharya, Nagesh Kumar as RBI MPC members, ET LegalWorld
The government on Tuesday appointed three external members — Ram Singh, Saugata Bhattacharya and Nagesh Kumar — to the RBI’s rate-setting Monetary Policy Committee for four years. The central government has reconstituted the Monetary Policy Committee (MPC) of RBI, the finance ministry said in a statement. Ram Singh is the director of the Delhi School […]
SC orders reserving treasurer post for women members in DHCBA, ET LegalWorld
The Supreme Court on Thursday directed that the post of treasurer be reserved for women members in the Delhi High Court Bar Association (DHCBA) beside one other post in the panel of five office bearers. A bench of Justices Surya Kant, Dipankar Datta and Ujjal Bhuyan also said that it is desirable that the general […]
Petition in SC seeks appointment of judicial, technical members of GST Tribunals, ET LegalWorld
A public interest litigation has been moved in the Supreme Court seeking direction to the Centre to complete the process of appointment of judicial and technical members, identify premises for running of benches, develop a website, allocate budget and operationalise the GST Appellate Tribunal in a time bound manner. Advocate Anoop Prakash Awasthi has filed […]