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Tech Mahindra gets CLB nod for Satyam buyout

   17 April 2009 at 17:24

The Company Law Board today approved Tech Mahindra's proposed acquisition of a 31 per cent stake in Satyam Computer and asked the buyer to deposit Rs 1,756 crore for the deal by April 21 in a designated account. The CLB, in its order, also asked Tech ..

Posted in Others |   241 Views


HC ASKS ICAI TO GIVE FAIR HEARING TO PwC OFFICIALS

   17 April 2009 at 17:23

The Bombay High Court on Thursday ordered the disciplinary committee of the Institute of Chartered Accountants of India (ICAI) to provide a fair hearing to Partha Ghosh, a Price Waterhouse (PWC) partner and a senior manager, DVP Rao, in connection wi ..

Posted in Others |   221 Views


Terror posing challenges to rights promotion: CJI

   16 April 2009 at 23:04

Chief Justice K G Balakrishnan has said terror attacks and violence on basis of religion, caste and gender are posing "considerable challenges" to promotion of human rights but expressed satisfaction that safeguards are provided under the Constitutio ..

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Abbas Kazmi is Kasab's new lawyer

   16 April 2009 at 14:32

A senior criminal lawyer from Mumbai, Abbas Kazmi, was on Thursday appointed to defend Mohammed Ajmal Amir Kasab, the lone surviving terrorist in the 26/11 attack. Kazmi, who was appointed by special judge M L Tahilyani, will replace Anjali Waghmare, ..

Posted in Others |   298 Views


Supreme Court orders Varun Gandhi's release

   16 April 2009 at 14:27

The Supreme Court on Thursday ordered "forthwith release" of Bharatiya Janata Party (BJP) leader Varun Gandhi for two weeks to enable him to file his nomination for Pilibhit Lok Sabha constituency and for the poll campaign.A Bench of Chief Justice K ..

Posted in Others |   235 Views


FIRST PHASE OF LOK SABHA ELECTIONS

   15 April 2009 at 17:48

Facts at A Glance (FIRST PHASE OF LOK SABHA ELECTIONS TO BE HELD ON 16. 04.2009)GENERAL ELECTIONS-2009Backgrounder -20 S. No. Item : Number of constituencies going on poll – 124 PCs in 17 States/ UTs (Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, ..

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Varun Gandhi may be released on bail on Apr 16

   14 April 2009 at 11:44

Chances of Pilibhit BJP candidate Varun Gandhi being released from jail brightened when the Supreme Court today sought an undertaking from him that he will not make any provocative and inflammatory speech if released from jail.A bench comprising Chie ..

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SC reserves judgment on transfer of cases related to Gujarat

   14 April 2009 at 11:39

The Supreme Court today reserved its judgment on the petitions seeking transfer of cases related to the 2002 Gujarat communal violence outside the state of Gujarat to ensure free and fair trial.A bench headed by Mr Justice Arijit Pasayat reserved the ..

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SMASH ENTRY BARRIER IN LEGAL PROFESSION

   14 April 2009 at 10:54

To suggest that the legal profession be treated as any other commercially rendered services and that law firms be considered a commercial entity or a business is sacrilege. One of the reasons for the opposition to the entry of foreign law firms, part ..

Posted in Others |   287 Views


MCA PLANS EXPERT PANEL TO FORMULATE COST AUDIT NORMS

   14 April 2009 at 10:52

The government may set up an expert panel to advise it on how to prepare norms for companies to record and submit sensitive operational details on cost of production. The government, which is reviewing the scope of cost audit for enterprises, aims to ..

Posted in Others |   250 Views