J&K&L HC: Repeat Narcotics Offences After Release Can Justify Preventive Detention || SC: Departmental Enquiry Required for Police Arrests Without Written Grounds || SC: Preliminary Issue Cannot Be Tried Separately Once Trial on All Issues Has Begun || SC: Police Claim of Sufficient Material for Chargesheet Does Not Entitle Accused to Default Bail || Telangana HC: Father’s Role Beyond Financial Support Cannot Be Overlooked in Custody Matters || Allahabad HC: Hindu Marriage Requires Essential Ceremonies, Arya Samaj Certificate Not Enough || Delhi HC: Narco Test Cannot Be Forced on an Accused Without Consent || Gujarat HC: Brothel Customer Not Liable for Operating Premises or Procuring Women || MP HC: Civil Suits May Be Consolidated Where Issues and Evidence Are Common || J&K&L HC: Personal-Enmity Assaults Concern Law and Order, Not Preventive Detention

Timeframe for implementation of Ind AS for scheduled commercial banks- (Ministry of Corporate Affairs) (11 Feb 2016)

MANU/RMIC/0022/2016

Banking

The Reserve Bank of India notified scheduled commercial banks are required to comply with Indian Accounting Standards (Ind AS) for accounting periods beginning 1 April, 2018. Ind AS shall be applicable to both standalone financial statements and consolidated financial statements. It can be applied only as per timelines specified and advance adoption is not permitted.

Tags : INDIAN ACCOUNTING STANDARDS COMMERCIAL BANKS IMPLEMENTATION

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