Yearly Archives: 2019

Object of IBC paramount, says NCLT

The Mumbai Bench of the National Company Law Tribunal (NCLT) has observed that rejection of a resolution plan on technicalities, without going into its merits, goes against the spirit of the Insolvency and Bankruptcy Code.Hearing the case of the applicant Omkara Assets Reconstruction Private Limited, the applicant, against the Interim …

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Ireland to seek EU aid over Brexit

Ireland will seek hundreds of millions of euros in aid from Brussels if Britain crashes out of the EU without a deal, the Agriculture Minister was quoted on Thursday as saying.“You’re looking at hundreds of millions here,” Michael Creed told The Irish Independent .The emergency aid would aim to buttress …

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‘Yellow vest’ leader arrested

One of the leaders of the “yellow vest” anti-government demonstrations was detained by police in Paris late on Wednesday for organising an unauthorised protest, signalling a harder line by the authorities against the movement.Eric Drouet — who already faces a trial for carrying a weapon at a previous protest — …

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‘Committee on Assam Accord a poll gimmick’

The Narendra Modi government’s move to form a high-level committee for the effective implementation of Clause 6 of the 1985 Assam Accord has been labelled a “poll gimmick” by political parties and organisations in Assam.Clause 6 of the Assam Accord seeks to provide “constitutional, legislative and administrative safeguards” to “protect, …

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Maggi: SC revives suit against Nestle

The Supreme Court spelt trouble for the Indian branch of the Swiss food giant Nestle on Thursday by resuscitating a Rs. 640-crore class-action suit filed by the government on behalf of thousands of consumers of the iconic Maggi noodles.The suit was filed by the Department of Consumer Affairs, Ministry of …

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Dissent note on Citizenship Bill

Members of four Opposition parties — the Congress, the Trinamool Congress, the Samajwadi Party and the Communist Party of India (Marxist) — have moved a dissent note against the report of the joint committee on Citizenship Amendment Bill 2016.The Bill proposes to give citizenship to six persecuted minorities — Hindus, …

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Child care homes don’t paint a rosy picture

A pan-India survey of childcare institutions (CCI) conducted by the Centre has highlighted poor safety and security measures, inadequate monitoring of these facilities, and a lack of effort to trace parents of missing children sent to these homes.The full report of the survey titled ‘Mapping and Review Exercise of Child …

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‘RERAs will be toothless without judicial powers’

Several Real Estate Regulatory Authorities (RERAs) are pushing for more enforcement power, similar to what is enjoyed by consumer forums, including the authority to issue arrest warrants. At the first meeting of a new RERA implementation committee held on Thursday, there was broad consensus that the RERA Act needed to …

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Light Combat Aircraft Tejas gets the green light for manufacture in enhanced, battle standard format

On December 31, Light Combat Aircraft (LCA) Tejas quietly progressed towards manufacture in an enhanced, battle standard format.A new ‘limited’ clearance from Centre for Military Airworthiness & Certification (CEMILAC), a laboratory of the Defence Research and Development Organisation, for the fighter aircraft green-lights its production in a superior lethal version, …

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RS approves President’s proclamation for J&K

Union Home Minister Rajnath Singh on Thursday said the government had no objection to holding Assembly election in Jammu and Kashmir along with the Lok Sabha poll later this year if the Election Commission (EC) so desired.Replying to a discussion related to a statutory resolution on the President’s proclamation under …

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