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Showing posts with the label Supreme Court

Deposit money as directed, Tihar is not far, Supreme Court warns Jaypee

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Jaypee Associates has to deposit the Rs 1.25 billion by January 25 LATEST NEWS :  The Supreme Court on Wednesday told Jaypee Associates to deposit Rs 1.25 billion as directed failing which it would be held in contempt of court and could land in Tihar Jail. The amount is part of the Rs 20 bn that the top court had directed Jaypee Associates to deposit with its registry to pay the home buyers of Jaypee Infratech seeking a refund of their money. Jaypee Associates has to deposit the Rs 1.25 billion by January 25. A bench of Chief Justice Dipak Misra, Justice A. M. Khanwilkar and Justice D Y Chandrachud also directed Jaypee Associates to file an affidavit stating all the housing projects they were developing. The court said that it would only at a later stage see an application by the Reserve Bank of India seeking the top court's nod for initiating proceedings under the Insolvency and Bankruptcy Code (IBC) against Jaypee Associates. ALSO READ THIS : W...

Aadhaar breach: Rs 500 is all it takes to get details of a billion Indians

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A report claims to have bought access to a cheap software, which can be used to print the Aadhaar card of any individual LATEST NEWS :  Read more about We don't slow phones with old batteries like Apple: Samsung, LG on Business Standard. Earlier this week, Apple apologised for slowing down users' iPhones without their knowledge Apple, Samsung, LG, iPhones, smartphones, iPhone battery slowdown, iPhone slowdowns, iPhone issues, Apple iPhones, Apple lawsuits, old batteries, Apple’s iPhone slowdowns, HTC, Motorola , We don't slow phones with old batteries like Apple: Samsung, LG,news, India news,Technology News,Technology News in India ,Seoul ,Seoul news ,2017-12-30, Business Standard , Business Standard News,business-standard.com Anonymous sellers on Whatsapp are said to be providing 'unrestricted' access to the Aadhaar details of more than a billion Indians for just Rs 500, according to an investigation by The Tribune on Wednesday. The paper also  cl...

SC extends all deadlines of Aadhaar linkages to March 31, 2018

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The next hearing would take place on January 17, 2018. LATEST NEWS :  The Supreme Court on Friday extended till March 31 next year the deadline for mandatory linking of Aadhaar with various services and welfare schemes. A five-judge Constitution Bench headed by Chief Justice Dipak Misra, in an interim order, also modified its earlier order with regard to linking of Aadhaar with mobile services and said the deadline of February 6 next year for this purpose also stood extended till March 31. The bench, which also comprised Justices A K Sikri, A M Khanwilkar, D Y Chandrachud and Ashok Bhushan, said that for opening new bank accounts, an applicant will not be required to provide Aadhaar number to the bank. However, the applicant will have to show the proof to the bank that he/she has applied for the Aadhaar number, Justice Chandrachud, who wrote the unanimous interim order, said. The apex court said the Constitution Bench would commence final hearing from J...

Hotels can charge you more than MRP for bottled water: What you should know

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The court rejected the government's argument that overcharging for pre-packed or packaged products was an offence under the Legal Metrology Act LATEST NEWS :  Can a hotel or a restaurant charge for a bottle of drinking water more than the maximum retail price marked on the container? The answer is yes. In a major blow to consumers, the Supreme Court on Tuesday held that hotels and restaurants are not bound by the maximum retail price (MRP) when they sell bottled mineral water and packaged food items. The court rejected the government’s argument that overcharging for pre-packed or packaged products was an offence under the Legal Metrology Act, which attracts a fine of Rs 25,000 or a jail term, according to ET. A bench headed by Justice Rohinton Nariman said the provisions of the law will not apply to hotels and restaurants, and these establishments cannot be prosecuted for selling such items above the MRP. “It is not a case of simple sale. Nobody goes to a ho...

SC declines interim stay on linking Aadhaar with bank accounts, mobiles

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Constitution Bench of SC to take up all Aadhaar-related pleas in the last week of November LATEST NEWS :  The Supreme Court on Friday refused to place an interim stay on mandatory linking of Aadhaar numbers with bank accounts and mobile telecom services, saying all Aadhaar-related pleas will be taken up for final hearing by the court’s constitution Bench in the last week of November. The apex court issued a notice to the Centre on pleas challenging the government’s bid to get bank accounts and mobile numbers linked with Aadhaar . The Supreme Court also clarified that banks would have to indicate in their messages to customers that December 31 is the last date for linking of Aadhaar with accounts. The final date for linking of Aadhaar and mobile phones is February 6, 2018, and telecom service providers would have to inform their customers about this. Also read this : Amtek Auto zooms 20% as Bharat Forge participates in acquisition process

Firecracker ban in Delhi-NCR: Why it is hard to thank Supreme Court

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Such decisions have the unintended effect of building citizen expectations from Courts, undermining civic authorities and the executive LATEST NEWS : Coming near at the heels of Richard Thaler being offered the Nobel Prize for Economics, the citizens of Delhi-NCR have additionally been given a nudge. news tickers announced a smoke-free Diwali thanks, to the best court banning the sale of fireworks in all of NCR till the stop of the month. This ban got here in the midst of a hearing of a two-yr-antique public interest petition that has sought diverse guidelines to address the hassle of air pollutants inside the countrywide Capital area. while most welcomed this ban, a few disquiet has arisen at the right position of the splendid court in what's viewed as an activity high-quality left to the multitude of environmental organizations. Such concern centres on the phrase, “judicial legislation”; regularly used to explain an activist court docket that blurs the bounds between adj...

Sahara's Aamby Valley up for auction at reserve price of Rs 37,392 cr

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The Bombay High Court on Monday put up the beleaguered Sahara Groups Aamby Valley for auction LATEST NEWS :  In a major setback to the Subrata Roy-owned Sahara Group, the Bombay High Court on Monday put up its prestigious Aamby Valley property in Maharashtra for a public auction. The Official Liquidator (OL) for the Aamby Valley City in Lonavala has put up a reserve price of Rs 37,392 crore, as part of efforts to partially recover the pending dues to various lenders. The development came three days after the Supreme Court declined to entertain the Sahara Group's plea to postpone auction of the prime hill station property nestled in the lush green Western Ghats in Pune district. Bombay High Court OL Vinod Sharma issued notices in prominent media on Monday for the public auction of "sale/lease" on an "as-is-where-is-whatever-there is' of the Aamby Valley City, around 90 km from here. In view of the huge quantum of properties to be dispo...

Note ban: Let people with genuine reasons deposit old notes, SC tells govt

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Centre has two weeks to respond; apex court says people cannot be made to suffer Latest news : In a big relief to all those who are bearing the brunt of demonetisation , the Supreme Court on Tuesday rapped the Centre and asked them to give another chance to "genuine people to deposit old notes". The Centre has been given two weeks to respond. Rebuking the Centre for setting up a deadline for depositing demonetised currency, the apex court observed, "One cannot make people suffer if they have genuine reasons, should be allowed to deposit old notes". The Supreme Court today asked the Central government and the Reserve Bank of India (RBI), whether a window can be provided to the people who could not deposit their old Rs. 500 and 1,000 currency notes. The Central government told the division bench of the Apex Court today that it would file an affidavit in the case The apex court was hearing a petition filed by advocate Sudha Mishra and others...

Aadhaar-PAN linking: Only 1 day left How to do it in easy steps

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It's mandatory to link Aadhaar with PAN. Here's why Latest news : Come July 1, the Modi-government's measures to track tax evasion through multiple PAN cards will come into effect. It is now mandatory for you to link your existing Aadhaar numbers with PAN to be able to file your income-tax (I-T) returns. Finance Minister Arun Jaitley, through an amendment to tax proposals in the Finance Bill for 2017-18, had made linking Aadhaar mandatory for filing I-T returns. The revenue department has said "every person who has been allotted PAN as on July 1, 2017, and who in accordance with the provisions of sub-section (2) of section 139AA is required to intimate his Aadhaar number, shall intimate his Aadhaar number to the principal director-general of income tax (systems), or DGIT (systems)". It's mandatory to link Aadhaar with PAN. Here's why. 1. Individuals with PAN will have to link it to their existing 12-digit biometric Aadhaar number...

CBSE likely to announce NEET 2017 results today

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the results will be declared on its official website cbseneet.nic.in. Latest news :The Central Board of Secondary Education (CBSE) under the scanner of the Supreme Court is expected to announce the results of National Eligibility cum Entrance Examination (NEET) on June 19, 2017. The NEET is an entrance examination for any graduate medical course such as MBBS, Bachelor of Dental Surgery or postgraduate course i.e. Doctor of Medicine or Doctor of Surgery in government or private medical colleges in India. Sources and experts say the CBSE that promptly had released the OMR Sheet and Answer Keys for NEET 2017 seems to have finished the necessary paper works before announcing the results. The Board if ready will declare the results on its official website cbseneet.nic.in. Stay order on the Exam Removed  This year the NEET was taken by around 11.38 lakh students. Soon, the examination fell for a number of controversies forcing many to file individual petitions in Madras and...

Mallya moved $40 million to children's accounts to beat court's reach: SC

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The apex court, which held Mallya guilty of contempt of court, The transfer of $40 million Vijay Mallya had received from British firm Diageo to his three children reflected the beleaguered businessman's intent to put the funds beyond the reach of the courts, the Supreme Court has said. The apex court, which held Mallya guilty of contempt of court, said the $40 million fund, which was in his control, was completely covered and governed by the judicial orders directing him not to transfer, alienate or dispose of any movable and immovable properties till further orders. READ THIS: Indian Railways to add extra AC-3 coaches to clear summer rush "The explanation that the funds now stand transferred in favour of the trusts over which Mallya has no control at all, in fact, aggravates the extent of violation. It is clear that the funds which were in control of Mallya have now been sought to be put beyond the reach of the processes of court, which is reflective...

SC must stop WhatsApp from sharing user data with Facebook: Here's why

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Unless stopped, WhatsApp could share users' personal information with third parties        Facebook  paid $22 billion (Rs.1,472.79 crore) – or, almost 2.5 times Facebook’s 2013 gross revenues – to buy WhatsApp, a company with net loss of over $138 million at the time. Why? One obvious reason, of course, was to stave off potential competition and start its way towards becoming a social media conglomerate. Less talked about, however, is how the acquisition would allow Facebook access to WhatsApp’s user base and user data –  Whatsapp  accounts for over 1 billion users who make over 500 million phone calls, share 700 million photos, 100 million videos and 1 billion messages a day. India, with over 160 million active users, is WhatsApp’s biggest market and conceivably contributed significantly to the above valuation. WhatsApp will become the owner of the photos, texts and information that Indians exchange on the app, and if it decides, Wh...