Supreme Court: Imminent Death Not Required For a Statement to Qualify as Dying Declaration  ||  SC: HC Cannot Grant Pre-Arrest Bail Without Quashing FIR; Accused Must Approach Sessions Court First  ||  SC: Agreed Interest Rate Cannot Be Challenged as Exorbitant; Arbitrator Cannot Override Contract  ||  SC: Agreed Interest Rate Cannot Be Challenged as Exorbitant; Arbitrator Cannot Override Contract  ||  SC: GST Exemption on Residential Lease Applies When Building is Sub-Leased for Hostel/PG Use  ||  Rajasthan High Court: Universities Cannot Retain Students’ Original Documents for Pending Fees  ||  NCLT: Damages from Contractual Disputes Cannot Form Basis for Initiating Insolvency Proceedings  ||  Del HC: Pre-SCN Consultation is Unnecessary in Large-Scale GST Fraud Cases with Complex Transactions  ||  Calcutta HC: Unilaterally Appointed Arbitrator Violates Natural Justice and Sets Aside the Award  ||  Raj HC Upholds Padmesh Mishra’s AAG Appointment, Noting Advocacy Skill isn’t Tied to Experience    

Real estate bill passed, aadhaar number changes rejected - (15 Mar 2016)

MANU/PIBU/0321/2016

The Parliament kept up its newfound legislation fervour, approving the Real Estate (Regulation and Development) Bill, 2016, which aside from providing a forum for builders and buyers to sort out their differences will also encourage respecting contractual obligations in the real estate sector. The Lok Sabha also confirmed passage of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016 by a voice vote. Having previously passed it as a money bill, the Rajya Sabha could only suggest amendments to the Bill, which were rejected by the Lok Sabha.

The Companies (Amendment) Bill, 2016 was introduced in Lok Sabha on 16 March 2016. The Bill addresses concerns about stringent compliance requirements, in efforts to improve the ease of doing business in the country.

Tags : PARLIAMENT   LEGISLATION   BUDGET 2016   COMPANIES AMEMENDMENT  

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