News for 'confiscation'

CJI Ramana's tenure saw putting sedition law on hold, probe into Pegasus

CJI Ramana's tenure saw putting sedition law on hold, probe into Pegasus

Rediff.com26 Aug 2022

Creating a record, the CJI headed apex court collegium meetings led to appointment of 11 Supreme Court judges with nine of them, including three women, appointed in one go.

Will the Fugitive Economic Offenders Bill of any real use?

Will the Fugitive Economic Offenders Bill of any real use?

Rediff.com12 Mar 2018

Legal experts are not sure if threat of confiscation of property will be deterrent enough for fleeing offenders

Govt fast-tracks bill to seize assets of defaulters fleeing India

Govt fast-tracks bill to seize assets of defaulters fleeing India

Rediff.com27 Feb 2018

Currently, confiscation can be done through multiple laws, but it is a complicated process.

'Why are Muslim countries silent on China?'

'Why are Muslim countries silent on China?'

Rediff.com6 Jun 2022

'Is it because they perceive India as a soft state?'

Karnataka to make rioters pay for damage to property

Karnataka to make rioters pay for damage to property

Rediff.com12 Aug 2020

The Karnataka government on Wednesday decided to conduct an inquiry into the violence in parts of the city on Tuesday night, in which at least three people were killed and scores of others were injured, through a district magistrate.

Bihar: Corrupt babus' property outside state to be seized

Bihar: Corrupt babus' property outside state to be seized

Rediff.com16 Feb 2012

After confiscating the assets of corrupt government officials in Bihar, the state government has decided to confiscate their property even outside the state, officials said on Thursday.

Bihar govt now seizes properties of corrupt middlemen

Bihar govt now seizes properties of corrupt middlemen

Rediff.com13 Feb 2012

After confiscating properties of corrupt officials, Bihar government has now confiscated properties of two middlemen who indulged in misappropriation of government funds, officials on Monday said.

Netaji sent secret letter in 1939 seeking Soviet help to liberate India

Netaji sent secret letter in 1939 seeking Soviet help to liberate India

Rediff.com23 Jan 2022

Amiya Bose, freedom icon Subhas Bose's nephew, was tasked by his uncle to carry a secret letter seeking Soviet help in India's liberation, which was to be delivered to agents in Britain in October 1939, barely a month into the Second World War.

Pak remains on global terror funding watchdog's grey list: Report

Pak remains on global terror funding watchdog's grey list: Report

Rediff.com5 Mar 2022

Pakistan has been on the grey list of the Paris-based Financial Action Task Force since June 2018 for failing to check money laundering, leading to terror financing, and was given a plan of action to complete it by October 2019.

Yogi pitches for special task force in Ayodhya in 100 days, women commandos

Yogi pitches for special task force in Ayodhya in 100 days, women commandos

Rediff.com21 Apr 2022

Uttar Pradesh Chief Minister Yogi Adityanath on Thursday directed officials to speed up setting up of a commando training centre in Rampur and also form a skilled team of women commandos.

40% of loss in Mallya, PNB scams recovered from sale of shares: ED

40% of loss in Mallya, PNB scams recovered from sale of shares: ED

Rediff.com23 Jun 2021

About 40 per cent of the money lost by banks in the PNB scam and the fraud linked to fugitive businessman Vijay Mallya's defunct Kingfisher Airlines has been realised by way of sale of shares seized under the Prevention of Money Laundering Act (PMLA), the Enforcement Directorate said on Wednesday.

Cairn to target assets of state-owned firms to recover dues worth $1.2 billion

Cairn to target assets of state-owned firms to recover dues worth $1.2 billion

Rediff.com27 Jun 2021

After Air India, Britain's Cairn Energy PLC plans to target assets of state-owned firms and banks in countries from the US to Singapore as it looks to ramp up efforts to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes. A lawyer representing the company said Cairn will bring lawsuits in several countries to make state-owned firms liable to pay the $1.2 billion plus interest and penalties that are due from the Indian government. Last month, Cairn brought a lawsuit in the US District Court for the Southern District of New York pleading that Air India is controlled by the Indian government so much that they are 'alter egos' and the airline should be held liable for the arbitration award.

Special court summons Mallya on Aug 27 under fugitive offenders ordinance

Special court summons Mallya on Aug 27 under fugitive offenders ordinance

Rediff.com30 Jun 2018

If Mallya does not appear before the court, he risks being declared a fugitive economic offender, besides properties linked to him being confiscated.

Lebanon government resigns over deadly Beirut blasts

Lebanon government resigns over deadly Beirut blasts

Rediff.com11 Aug 2020

In a televised address, Diab said endemic corruption was behind the deadly blast which devastated the Lebanese capital last week. "One of the examples of corruption has exploded in the port of Beirut," Diab said, adding that state was incapable of taking on the confessional system because the two were deeply intertwined.

'I have to get Ma out of prison'

'I have to get Ma out of prison'

Rediff.com7 Jun 2022

'I also stopped speaking to the media because I felt used by them.'

Bhagat Singh never lived at Khatkar Kalan

Bhagat Singh never lived at Khatkar Kalan

Rediff.com23 Mar 2022

Bhagat Singh was born on September 28, 1907 in Banga village in Lyallpur district, now Faisalabad in Pakistan Punjab.

Digital Detox To Avoid Health Problems

Digital Detox To Avoid Health Problems

Rediff.com1 Oct 2022

Start your digital detox today before irreversible damage to health and mental complications stalk your life, advises Ramesh Menon.

HC rejects Mallya's plea for stay on ED's request

HC rejects Mallya's plea for stay on ED's request

Rediff.com22 Nov 2018

The ED had filed an application before a special PMLA court seeking the 'fugitive' tag for Mallya under the Fugitive Economic Offenders' Act, 2018.

Govt accepts Cairn's offer on retro tax

Govt accepts Cairn's offer on retro tax

Rediff.com18 Nov 2021

Moving quickly towards ending a retrospective tax dispute with a firm that gave India its largest oilfield, the government has accepted Cairn Energy PLC's undertakings which would allow for the refund of taxes, sources said. Meeting the requirements of the new legislation that scraps levy of retrospective taxation, the company had earlier this month given required undertakings indemnifying the Indian government against future claims as well as agreeing to drop any legal proceedings anywhere in the world. The government has now accepted this and issued Cairn a so-called Form-II, committing to refund the tax collected to enforce the retrospective tax demand, two sources with direct knowledge of the development said.

Hindu organisation accused of using forced labour at temple sites in US

Hindu organisation accused of using forced labour at temple sites in US

Rediff.com11 Nov 2021

The New York Times said in a report on Wednesday that in the lawsuit filed in New Jersey federal court and amended last month, BAPS has been accused 'of luring labourers from India to work on temples near Atlanta, Chicago, Houston and Los Angeles, as well as in Robbinsville, New Jersey, paying them just $450 a month'.

Was busy with work, didn't know what Raj Kundra was upto: Shilpa

Was busy with work, didn't know what Raj Kundra was upto: Shilpa

Rediff.com16 Sep 2021

According to the chargesheet, Shetty told the police that she did not know anything about the HotShots and Bollywood Fame apps, allegedly used by the accused for uploading and streaming obscene content.

Benami properties: The guilty may face RI of up to 7 years

Benami properties: The guilty may face RI of up to 7 years

Rediff.com11 Jan 2018

While the concerned property may be confiscated, a person indulging in such a transaction is liable to pay a fine up to 25 per cent of fair market value of the property

You won't believe the kind of stuff people bring to airports

You won't believe the kind of stuff people bring to airports

Rediff.com21 Nov 2014

Air passengers just don't get it. Despite airport authorities spelling out the list of articles they shouldn't be carrying in their check-in baggage, many passengers end up on the wrong side of the law.

Blow to India as US, UK courts confirm $1.4 bn award to Cairn

Blow to India as US, UK courts confirm $1.4 bn award to Cairn

Rediff.com8 Mar 2021

Courts in five countries including the US and the UK have given recognition to an arbitration award that asked India to return $1.4 billion to Cairn Energy plc - a step that now opens the possibility of the British firm seizing Indian assets in those countries if New Delhi does not pay, sources said. Cairn Energy had moved courts in nine countries to enforce its $1.4 billion arbitral award against India, which the company won after a dispute with the country's revenue authority over a retroactively applied capital gains tax. Of these, the December 21 award from a three-member tribunal at the Permanent Court of Arbitration in the Netherlands has been recognised and confirmed by courts in the US, the UK, Netherlands, Canada and France, three people with knowledge of the matter said.

UP: Theft accused dies in custody; Priyanka stopped from meeting family

UP: Theft accused dies in custody; Priyanka stopped from meeting family

Rediff.com20 Oct 2021

"Do I need somebody's permission whenever I move out of Lucknow? Is there a problem why I am not being allowed to go to Agra, is there a law and order issue," she asked policemen who stopped her cavalcade.

Liquidator opposes banks plea to sell Mallya properties

Liquidator opposes banks plea to sell Mallya properties

Rediff.com13 Mar 2019

The official liquidator said it would be in public interest that these properties are restored to him so that the interest of all creditors, including the applicant banks, can be "safeguarded".

Bihar: Once corrupt babu's bungalow, now a school

Bihar: Once corrupt babu's bungalow, now a school

Rediff.com9 Sep 2011

History was made on Thursday in Bihar when a school began functioning in the confiscated palatial building of tainted Indian Administrative Services officer Shiv Shankar Verma.

Stan Swamy's plea for straw-sipper put off to Dec 4

Stan Swamy's plea for straw-sipper put off to Dec 4

Rediff.com26 Nov 2020

A court in Mumbai on Thursday once again sought a reply from the National Investigation Agency (NIA) on 83-year-old tribal rights activist Father Stan Swamy's request that he be provided a straw and sipper in jail.

India pays Cairn Rs 7,900 cr to settle retro tax dispute

India pays Cairn Rs 7,900 cr to settle retro tax dispute

Rediff.com24 Feb 2022

The Indian government has paid Cairn Energy Plc Rs 7,900 crore to refund taxes it had collected to enforce a retrospective tax demand, ending a seven-year-old dispute that had tarred the country's image as an investment destination. The company, which is now known as Capricorn Energy PLC, in a statement said it has received "net proceeds of $1.06 billion", of which nearly 70 per cent will be returned to the shareholders. The tax department had used a 2012 legislation, which gave it powers to go back 50 years and slap capital gains levies wherever ownership had changed hands overseas but business assets were in India, to seek Rs 10,247 crore in taxes from Cairn.

ED probing 4,700 cases, only 313 arrests since PMLA enactment: Centre to SC

ED probing 4,700 cases, only 313 arrests since PMLA enactment: Centre to SC

Rediff.com23 Feb 2022

The total amount covered by interim orders of no coercive action passed by the courts in such matters is approximately Rs 67,000 crore, the government told a bench headed by Justice A M Khanwilkar.

Taliban fire in air as hundreds of protesters shout 'Death to Pak'

Taliban fire in air as hundreds of protesters shout 'Death to Pak'

Rediff.com8 Sep 2021

Hundreds of Afghan protesters, including women, took to the streets of Kabul on Tuesday, chanting 'death to Pakistan' and denouncing Islamabad's interference in Afghanistan and airstrikes by its jets in Panjshir province in support of the Taliban, according to a media report.

Journalist not expected to dramatise incident, create news: HC

Journalist not expected to dramatise incident, create news: HC

Rediff.com1 Jul 2021

The Allahabad high court has rejected the bail plea of a reporter accused of abetting a suicide, saying a journalist is not expected to dramatise sensational incidents and create news by putting a person's life in danger.

Full text: President Murmu's address to Parliament's Budget Session

Full text: President Murmu's address to Parliament's Budget Session

Rediff.com31 Jan 2023

'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.

J&K govt asked to stop 'unauthorised broadcast' of Pak, Saudi channels

J&K govt asked to stop 'unauthorised broadcast' of Pak, Saudi channels

Rediff.com6 May 2017

Naidu expressed concern over reports that these channels are being broadcast in Jammu and Kashmir without permission.

Is ED Bad Only When It Targets Gandhis?

Is ED Bad Only When It Targets Gandhis?

Rediff.com28 Jul 2022

If the fear of ED could drive the powerful people of today to be honest or at least be minimally corrupt, will it not be a great thing for our nation?, asks Sudhir Bisht.

Cairn, Air India seek stay on New York court proceedings

Cairn, Air India seek stay on New York court proceedings

Rediff.com15 Sep 2021

Cairn Energy and Air India have jointly asked a New York federal court to stay further proceedings in the British firm's US lawsuit targeting the airline for enforcement of a $1.2-billion arbitral award. The move follows the government enacting a law to scrap retrospective taxation in the country, which in effect will result in withdrawal of the Rs 10,247 crore tax demand on Cairn, according to court documents reviewed by PTI. The British company had won an international arbitration award against levy of such taxes and sought to take over Air India assets when the government refused to honour the award and pay it $1.2 billion-plus interest and penalty.

Cairn arbitration: Govt confirms French court order against Indian assets

Cairn arbitration: Govt confirms French court order against Indian assets

Rediff.com27 Jul 2021

The government on Tuesday confirmed that a French court has ordered the freezing of certain Indian assets in Paris on a petition by Britain's Cairn Energy, which is seeking to recover $1.72 billion from New Delhi after winning an arbitration against retro tax. Minister of State for Finance Pankaj Chaudhary in a written reply to a question in the Rajya Sabha said the government has filed an appeal against an international arbitration tribunal overturning levy of Rs 10,247 crore in back taxes on Cairn Energy. "Yes sir, an order has been passed by a French Court freezing certain Indian government properties in the case pertaining to Cairn Energy," he said.

A Sad Day For Rahul Mukerjea In Court

A Sad Day For Rahul Mukerjea In Court

Rediff.com5 Oct 2022

Indrani laughed loudly. She looked like the cat that got the cream, smiling gaily. Vaihayasi Pande Daniel reports from the Sheena Bora murder trial.

Sasikala factor: AIADMK asks cadres to take vow in 'Amma's name' to guard party

Sasikala factor: AIADMK asks cadres to take vow in 'Amma's name' to guard party

Rediff.com22 Feb 2021

Vowing to retain power for the second time in a row, they said such 'anti-people' forces must be taught a lesson again by vanquishing them through hardwork, unity and allegiance to the party.

Yogi govt puts up banners with info of anti-CAA protesters

Yogi govt puts up banners with info of anti-CAA protesters

Rediff.com7 Mar 2020

The banners came up at major road crossings in Lucknow late on Thursday night on the directions of Chief Minister Yogi Adityanath, an official said. They bear photographs, names and addresses of those accused of vandalism during protests in December against the CAA.