The Ministry of Corporate Affairs (MCA) is contemplating an increase to the existing strength of the National Company Law Tribunal (NCLT) benches to handle the growing case load. The ministry is currently analysing the time taken by each bench to dispose of matters and the total number of cases being handled by each bench. "We need to first determine our requirement, given that the NCLT handles both Company Act and insolvency and bankruptcy matters. "The latter constitutes the majority of the case burden.
They said according to the Hague Convention, the service upon a foreign entity had to be served through the prescribed rules.
'Global coordination, convergence, market complexities and dynamics and cross-border enforcement compound the existing challenges we face.'
The finance ministry on Thursday sought to clarify that there was no distress in household savings and the data indicated that changing consumer preference for different financial products was the real reason for the change in the pattern of household savings. The clarification comes in the backdrop of Reserve Bank of India data showing that household net financial savings rate is at its lowest in decades, at 5.1 per cent of GDP in FY23 compared to 7.2 per cent of GDP in FY22. The divergence in the data for household gross financial assets and liabilities is not a cause for concern for the government, as the loans have largely been taken to buy real assets or automobiles, the finance ministry said.
Deepa Gahlot picks 10 Web series that was worth the viewer's while.
Reema Kagti and Ruchika Oberoi's eight-part crime drama Dahaad, starring Sonakshi Sinha, Vijay Varma, Gulshan Devaiah and Sohum Shah will have its world premiere at the Berlin International Film Festival.
'Who are the people who are dying?' 'What is their profile?' 'We need to know these things.' 'We do not take health issues seriously.'
CAB requested ICC recce team about concerns raised by local security agencies with regards to World Cup match between Pakistan and England on November 12 coinciding with Kali Puja.
Ananya Panday made a splash at the grand finale.
Lenders of debt-ridden Jet Airways on Tuesday filed an appeal in the National Company Law Appellate Tribunal (NCLAT) against implementation of the resolution plan by the Jalan-Kalrock consortium, according to sources. The sources said the lenders have maintained that the condition precedent mentioned in the resolution plan of the consortium has not been met. And therefore, the plan is not valid. "The lenders want the plan to be circled back to the committee of creditors (CoC) for fresh consideration," the sources said.
'To get a 100 per cent consensus document without any reservation, any bracket, any chair summary is unprecedented in the history of multilateral forums.'
After a rather dull April when there were hardly any theatrical or OTT releases, May would be a lot more crowded with a dozen odd movies and web series arriving.
Lakme Absolute Grand Finale showstopper looks up to Kareena Kapoor. Here's why!
'I'm pitching India for the strengths we offer, including the English language, engineers, doctors, nurses, professionals, innovative talent of startups.'
Action, drama, thriller and rom-coms, this week has a lot of entertainment coming up on OTT as well as in theatres.
Take the poll given below and tell us who gets your vote.
Ashutosh Rana turns villain for the tv show Kaali -- Ek Agnipariksha, which will premiere on Star Plus.
Meet Ruchika Sachdeva of Bodice, who will present the Grand Finale at the FDCI x Lakme Fashion Week 2021.
There are indications that the Centre will order a reinvestigation of the case against former Haryana director general of police S P S Rathore, convicted of molesting a teenaged girl who later killed herself, in the face of public outcry that he got away with a light punishment and that should be charged with abetment to suicide.
Delhi, which has been one of the worst affected states, accounted for less than two per cent of total vaccinations in the 18-44 age-group.
A seven-member special investigation team has been constituted by the Haryana police to investigate two fresh FIRs registered against former director general of police SPS Rathore in the Ruchika Girhotra molestation case. The two complaints were lodged by Ruchika's father Subhash Chander Girhotra and brother Aashu, seeking filing of cases against Rathore and other police officials, for slapping false cases against the boy and for 'doctoring' Ruchika's post-mortem report.
With around 2 million Covid vaccine doses likely to get wasted in December, leading hospital chains have now started to give it gratis to citizens. Sohini Das and Ruchika Chitravanshi report.
With the maximum dose gap of four months for Covishield, a large part of the population would not even be eligible for the second dose by the end of this year, report Ruchika Chitravanshi and Ishaan Gera.
'Whether the substantial hybrid immunity present in India can protect against severe consequences of the disease remains to be seen.'
A court in Panchkula on Thursday reserved an order on the anticipatory bail plea filed by disgraced former Haryana director general of police SPS Rathore, in connection with the two fresh FIRs files by the state police, in the Ruchika Girhotra molestation case.Rathore, who molested 14-year-old Ruchika in 1990, was granted anticipatory bail by the sessions court in Panchkula on January 1.Ruchika had committed suicide a few years after the incident.
Abhishek Sharma, lead singer of the Delhi-based indie-rock band, AaGROH, and film-maker Swati Vishnoi got together virtually to create a video inspired by the lockdown.
The vaccine was well tolerated in all dose groups with no vaccine-related adverse events.
India is expecting 156 million doses of the vaccine from August to September, reports Ruchika Chitravanshi.
Experts, however, feel that given the intensity of the second wave and the high single dose coverage, India is in a good position to avoid any drastic wave in the near future.
While the infection has been mild in most reported cases, those below two years of age are showing signs of acute infection.
Bharat Biotech recruited 13,000 participants for the Phase-3 clinical trial of Covaxin. This is one of the largest efficacy trials held in the country.
Amazon Prime Video has doubled its content investments in India and announced as many as 41 new titles in Hindi, Tamil, Telugu and English, thereby throwing an open challenge to their streaming competitor, Netflix.
But the numbers have continued to rise in 23 states including Bihar, Goa, Andhra Pradesh, Tamil Nadu and Kerala.
The Consulate General of India, New York in partnership with Times Square Alliance hosted the 7th International Day of Yoga celebrations.
Stating that evidence was being collected on fresh charges filed against former Haryana director general of police S P S Rathore, the Panchkula police on Wednesday said any further action in the Ruchika molestation case would be taken only after a detailed investigation was completed.
Murmu made and subscribed to the oath of office before President Ram Nath Kovind, according to a Rashtrapati Bhavan statement.
The CBI on Friday sought maximum punishment of two years for disgraced former Haryana DGP SPS Rathore in the Ruchika molestation case before a court which adjourned the hearing on the plea till February 8.
Lack of clarity on data-sharing persists, public health experts sceptic about the pilot that was run in six Union territories as benchmark for national roll-out
Copies of the fresh FIRs lodged by the Haryana Police against former Director General of Police S P S Rathore in the Ruchika molestation case were submitted on Thursdayin court by his lawyer-wife Abha.
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