Category Archives: other Acts

Timelines for Stressed Assets Resolution – RBI

By | May 6, 2017
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RBI/2016-17/299 DBR.BP.BC.No.67/21.04.048/2016-17 May 5, 2017 The Chairman and Managing Director/Chief Executive Officer All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Madam/Dear Sir, Timelines for Stressed Assets Resolution Please refer to the circular DBOD.BP.BC.No.97/21.04.132/2013-14 dated February 26, 2014 on “Framework for Revitalising Distressed Assets in the Economy – Guidelines on Joint Lenders’… Read More »

Category: RBI

IRDAI -Revival Option under discontinued Unit Linked Policies

By | May 6, 2017
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INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Circular Date: 5th May,2017 Ref No. IRDA/ACT/CIR/ULIP/113/05/2017 To, All CEOs of Life Insurance Companies Re: IRDA/ACTL/CIR/ULIP/174/08/2016 dated 26.08.2016- Revival Option under discontinued Unit Linked Policies It has come to the notice of the Authority that few insurers are interpreting the captioned circular in a manner which would delay… Read More »

MVAT – Cross Checking of Input Tax Credit Guidelines

By | May 6, 2017
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O/o the Commissioner of Sales Tax 8th Floor, Vikrikar Bhavan, Mazgaon, Mumbai-400010 INTERNAL CIRCULAR NO.ACST (VAT)3/ITC/Cross Check/42/2017/B- 66  Mumbai, Date. 03rd May 2017 Internal Circular NO. 11A of 2017 Subject:- The Guidelines regarding Cross Checking of Input Tax Credit (ITC)   Reference: – 1. Trade Circular No. 22T of 2010 date:– 05/10/2010 2. Internal Circular 13A… Read More »

Nirbhaya case Judgment of Supreme Court -Mukesh & Anr Vs. State for NCT of Delhi & Ors. -Criminal Appeal Nos. 607-608 Of 2017

By | May 6, 2017
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Supreme Court of India Mukesh & Anr Vs. State for NCT of Delhi & Ors.  Appeal Number : Criminal Appeal Nos. 607-608 Of 2017 Date of Judgement/Order : 05.05.2017 Relevant Extract of the Judgment 140. We are here concerned with the award of an appropriate sentence in case of brutal gang-rape and murder of a… Read More »

Simple notice to License holder if does not submit EODC / Redemption letter

By | May 4, 2017
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Circular No. 16/2017-Customs  F. No. 605/85/2016-DBK Government of India Ministry of Finance: Department of Revenue Central Board of Excise & Customs Drawback Division ***** New Delhi, the 2nd May, 2017. To Principal Chief Commissioners/ Principal Directors General Chief Commissioners / Directors General Principal Commissioners & Commissioners all under CBEC Madam/ Sir, Subject: Monitoring of export… Read More »

IRDAI (Insurance Web Aggregators) Regulations 2017

By | May 4, 2017
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INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA NOTIFICATION Hyderabad, the 13th April, 2017 Insurance Regulatory and Development Authority of India (Insurance Web Aggregators) Regulations, 2017 F. No. IRDAI/Reg/4/141/2017.—In exercise of the powers conferred by section 114A of the Insurance Act, 1938 (4 of 1938), as amended from time to time, sections 14 and 26 of the… Read More »

Section 228 Indian Penal Code 1860 Intentional insult or interruption to public servant sitting in judicial proceeding

By | May 4, 2017
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Section 228 Indian Penal Code 1860 Intentional insult or interruption to public servant sitting in judicial proceeding . 228 . Whoever intentionally offers any insult, or causes any interruption to any public servant, while such public servant is sitting in any stage of a judicial proceeding, shall be punished with simple imprisonment for a term… Read More »

Section 193 Indian Penal Code 1860 -Punishment for false evidence .

By | May 4, 2017
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Section 193 Indian Penal Code 1860 Punishment for false evidence . 193 . Whoever intentionally gives false evidence in any stage of a judicial proceeding, or fabricates false evidence for the purpose of being used in any stage of a judicial proceeding, shall be punished with imprisonment of either description for a term which may… Read More »

CPT Exam june 2017-last date extended for submission of exam application forms

By | May 2, 2017
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Extension of last date for submission of Examination Application Forms in respect of Common Proficiency Test (CPT) to be held in June, 2017 CPT is scheduled to be held on 18th June, 2017. Students who have registered for the Common Proficiency Course on or before 3rd April, 2017 and fulfill the eligibility requirements are eligible… Read More »

Scribbling on Banknotes – Bank can not refuse /coloured/faded banknotes

By | May 2, 2017
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Scribbling on Banknotes RESERVE BANK OF INDIA ND.ID.(Res.). No. 4530/04.00.001/2016-17 April 25, 2017 The Controlling Head All Banks under the jurisdiction of New Delhi Issue Circle Madam / Dear Sir, Scribbling  on Banknotes Of late, we have been receiving complaints from members of general public that majority of the bank branches are not accepting banknotes, specifically in… Read More »