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LAW GEN (Lawtsapp News Corner)

keeps you updated !!

Axis Trustee Alleges Yes Bank Sold AT1 Bonds as "Super FDs"


Yes Bank will have to grapple with fresh allegation and evidence that indicates how its officials had misled retail investors to peddle perpetual bonds.


India's first quarter GDP growth likely to be weakest since 2012: Poll


India's economy is likely to have expanded at its slowest pace in at least eight years in the January-March quarter, partly as a result of the coronavirus clampdown a reuters poll predicted.


Madurai High court and other subordinate courts of Tamil Nadu reopened for physical hearing.


The Madras High Court has decided to reopen Madurai high court and subordinate courts of 9 district of Tamil Nadu from July 1 for its physical functioning.


Reforms Do Not Mean Complete Abolition of Labour Laws, Says Rajiv kumar


Amid concerns over changes in labour laws in various states, Niti Aayog Vice Chairman Rajiv Kumar on Sunday said


Supreme Court dismisses plea to link Social Media accounts with Aadhaar, PAN or Voter ID to weed out fake accounts.


However, the petitioner has been granted liberty to implead himself as a party in the transfer petition moved by the Centre before the apex court in a similar matter. Supreme Court bench led by Justice L Nageswara Rao declined to interfere in a plea challenging a Delhi High Court order in which the court had refused to direct the linking of social media accounts with Aadhaar, PAN or voter ID card for weeding out fake accounts. We see no reason to interfere with the impugned order of the High Court.


UK Court Orders Anil Ambani To Pay USD 717 Million To Chinese Banks


A UK court has ordered Reliance Group chairman Anil Ambani to pay $717 million (Rs 5,448 crore) to three Chinese banks within 21 days, after ruling that a personal guarantee which the Indian businessman had disputed was binding.

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