Category Archives: News

lawz magazine.com

Service Tax on Senior Advocates

The Supreme Court today transferred to the Delhi High Court all petitions pending before various high courts relating to the challenge to the levy of service tax on senior advocates. A bench comprising Justices Madan B Lokur and Deepak Gupta allowed the plea filed by

Case filed against Tejashwi for disrespecting Vande Mataram

A case has been registered against former Deputy Chief Minister of Bihar Tejashwi Yadav in Darbhanga on Thursday for allegedly disrespecting ‘Vande Mataram’. The Rashtriya Janata Dal (RJD) leader, on August 13, likened the song to killing people. On Sunday, while replying to a journalist’s

Democrat to introduce articles of impeachment against Trump

NEWS SCAN Democratic Representative Steve Cohen on Thursday announced that he is introducing articles of impeachment against US President Donald Trump following the violence in Virginia. Trump failed the “presidential test of moral leadership” in the wake of the clashes in Virginia, Cohen said. “I

lawzmag.com

EU citizens won’t need visas to visit UK post Brexit: Report

NEWS SCAN EU citizens will be free to visit the UK after Brexit without having to obtain visas, it has emerged. Whitehall sources confirmed reports that plans for a post-Brexit immigration system, due to be published later this year, would allow EU citizens to enter the UK freely.

lawzmag.com

SEBI Allows Banks To Buy Stakes In Distressed Firms Without Open Offer

Markets regulator SEBI has notified relaxed norms for stake purchase in distressed listed companies by lenders, exempting them from making open offers for shareholders. The relaxation will be subject to certain conditions, including shareholders’ approval of the stake acquisition by way of special resolution. The

Gupta Firms Sue Bank of Baroda to Try Stop Account Closures

Companies controlled by the Gupta family, whose accounts are being closed down by Bank of Baroda, said they’re taking legal action against the lender to try and stop the termination, which comes after South Africa’s four biggest lenders cut banking services for the family that’s in