Monthly Archives: March 2016

lawzmagazine.com

SC asks Sebi to sell 86 properties of Sahara Group

NEWS SCAN In a two hour-long hearing , the apex court also directed the Securities and Exchange Board of India (Sebi) to sell 86 “unencumbered” properties of Sahara group, whose title deeds are with the market regulator, to generate the bail money for the release

lawzmagazine.com

‘Factory’ in The Factories Act, 1948.

The definition of ‘Factory’ is given in section 2(m) of the Factories Act,1948. Section 2(m) defines the term ‘Factory’ as: – ‘Factory’ means: any premises or precincts thereof – (i) whereon 10 or more workers are working, or were working, on any day of the

lawzmagazine.com

FTC sues Volkswagen for false advertising

NEWS SCAN The US Federal Trade Commission (FTC) filed suit against Volkswagen AG (VW) for false advertising. VW’s sales have taken a major hit in the US since the Environmental Protection Agency (EPA) revealed in September that VW had been cheating on diesel-emissions tests, contradicting the company’s claims that its