"24 March 2017" Archive - Page 2

Unclaimed Deposits in Banks and Insurance Companies

(i) All insurers are required to display the information about any unclaimed amount above Rupees 1000/- of Policyholders in their respective web-site. (ii) A facility shall be given in the web-site of the insurer to enable Policyholders / or its dependents to find out whether any unclaimed amounts due to them are lying with the insurer....

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Posted Under: Corporate Law |

Using digital technology to accelerate business growth

In India, adoption of advanced business digital technologies can lead to increase in revenues by up to 27%, increase in employment by up to 84% and enhanced access to international markets by up to 65% for small and medium business (SMBs), according to ASSOCHAM-Deloitte joint study....

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Posted Under: Corporate Law |

CCI order against CIL and subsidiaries for abusing dominant position

Maharashtra State Power Generation Company Ltd . Vs. Mahanadi Coalfields Ltd. & Others (Competition Commission of India)

Competition Commission of India (CCI) has found Coal India Limited (CIL) and its subsidiaries to be in contravention of the provisions of Section 4(2)(a)(i) of the Competition Act, 2002 for imposing unfair/ discriminatory conditions in Fuel Supply Agreements (FSAs) with the power producers for supply of non-coking coal....

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Posted Under: Corporate Law | ,

Malayalam Movie Artist Association & others violated Competition Law

Shri T. G. Vinayakumar Vs. Association of Malayalam Movie Artists & Others (Competition Commission of India)

CCI finds the conduct and practice of Association of Malayalam Movie Artists (AMMA), Film Employees Federation of Kerala (FEFKA), FEFKA Director’s Union, FEFKA Production Executive’s Union and their five Office Bearers to be in contravention of the Competition Law. The Informant, T. G. Vinayakumar, a movie director, had approached CCI...

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Notification No. 10/2017-Customs (ADD), Dated: 24.03.2017

Notification No.10/2017-Customs (ADD) (24/03/2017)

Seeks to order provisional assessment on imports of 1,1,1,2-Tetrafluoroethane or R-134a, originating in or exported from People's Republic of China by M/s. Zhejiang Sanmei Chemical Ind. Co., Ltd....

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Anti-dumping duty on imports of Indolinone from China

Notification No. 9/2017-Customs (ADD) (24/03/2017)

Seeks to impose anti-dumping duty on the imports of Indolinone originating in or exported from the People's Republic of China up to and inclusive of 20th November, 2019....

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No Reopening of Assessment on the basis of mere Audit Objection: SC

M/s Larsen & Toubro Ltd. Vs State of Jharkhand and Ors. (Supreme Court of India)

The present appeal has been filed against the final judgment and order dated 17.11.2006 passed by the Division Bench of the High Court of Jharkhand at Ranchi in W.P. (T) No. 2630 of 2006 whereby the High Court dismissed the petition filed by M/s Larsen & Toubro Ltd.-the appellant –Company while upholding the order dated 27.02.2006 passe...

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Aadhaar Seeding Services by EPFO offices for KYC Seeding

No. CAIU/011(27)2016/KYC/34320 (24/03/2017)

In pursuance to the policy of the Government of India, of optimum use of information technology for efficient service delivery and widening the reach of EPF benefits, appropriate guidelines have been issued from this once for installation and operatonalisation of proper infrastructure in the field offices of ERR) to help and facilitate ou...

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An Analysis of Properties and Sources of Divergence

Press Release : 2016-2017/2556 (24/03/2017)

A key feature of the inflationary process during 2015-16 was the large divergence in the Consumer Price Index (CPI) and Wholesale Price Index (WPI) inflation....

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Revisit Provisions Regulating Disciplinary Control Over Lawyers: SC

Supreme Court Directs Law Commission of India to Revisit the Provisions Relating to Regulation of Disciplinary Control Over Lawyers Under the Advocates Act ...

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Posted Under: Corporate Law |