NDA has announced its Presidential candidate for 2017

BJP president Amit Shah on Monday declared Bihar Governor Ram Nath Kovind, 71, as the party’s candidate for the presidential polls, taking the Opposition by surprise. Mr. Kovind would also be the joint candidate of the National Democratic Alliance (NDA), headed by the BJP. The decision was taken at the party’s parliamentary board, presided over … Continue reading NDA has announced its Presidential candidate for 2017

Builder-Buyer Agreements Often Favours Builders’ Interest: NCDRC

Terming some builder- buyer agreements as ‘unconscionable contracts’, the National Consumer Disputes Redressal Commission (NCDRC) has observed that the terms are usually framed ‘favourable’ and ‘suitable’ to builders/ service providers.... The commission observed: “The builder exercises his right to charge penalty or interest at 18-24% on the delayed payment of instalments. Thus, in our view, … Continue reading Builder-Buyer Agreements Often Favours Builders’ Interest: NCDRC

Sexual assault of Minor: HC upholds Trial court’s view

Three years after a five-year old girl had, in court, described her sexual assault with the help of a doll, the Delhi high court has upheld the trial court order sentencing the 23 year-old accused to five years imprisonment. The accused, Hunny, was charged under section 323 (voluntarily causing hurt) and 363 (kidnapping) of the … Continue reading Sexual assault of Minor: HC upholds Trial court’s view

CCI gripping Hyundai with a Fine of 87 Cr.

Provisions of the Competiton Law contravened. The Competiton Commission of India (CCI) has imposed a penalty of Rs. 87 crores on Hyundai Motor India Limited (HMIL) for "anti-competitive conduct". The CCI found HYundai motors to be in contravention of the provisions of the Competition Act, 2002, for imposing arrangements upon its dealers which resulted into … Continue reading CCI gripping Hyundai with a Fine of 87 Cr.

Charge sheet filed against Vijay Mallya

CBI arrested former chairman of IDBI Yogesh Aggarwal, former Chief Finance officer of Kingfisher Airlines A. Raghunathan, IDBI executives O.V. Bundellu, S.K.V. Srinivisan, R.S. Sridhar, B.K. Batra, and kingfisher executives Shailesh Borke, A.C. shah and Amit Nadkarni. Mr. VEnegavkar confirmed that the ED charge sheet also includes them. "Investigations have revealed that assets all over … Continue reading Charge sheet filed against Vijay Mallya