A bankers’ panel is working on faster resolution of stressed assets in public sector banks. The new concept will, they claim, help resolve the problem of large bad loans.
Governments around the world have been trying to regularise it so that local laws may apply, but this is proving elusive in the absence of enforceable cross-border legal agreements.
Small businesses which could not file their returns as they had no income due to the pandemic are now facing closure as the GST department is demanding back breaking penalties.
Memories on the net are written in indelible ink. However much you want to forget and move on, even with laws permitting it, data is always available in some corner on the Internet, waiting to do damage.
In a recent case of alleged rape and murder of two minors, a UP police officer revealed the names of the victims, violating a Supreme Court order against such acts. Many news outlets also published the names.
In a first of its kind, the Madhya Pradesh High Court has made it mandatory for anyone filing a case to appoint a local lawyer. How would the future of the legal arena look if this spreads to all high courts?
An NGT report exposed the fact that the oilfield in Assam is operating without mandatory environmental clearances. It also said that a blowout has been spewing gas for 160 days now, impacting 10 km of eco-sensitive land.
What made the Supreme Court ask state governments to provide allowances and rations to them? It relates to the peculiar situation governing sex workers.