SC: Hindu Daughter-In-Law Widowed After Her Father-In-Law’s Death is Entitled to Maintenance  ||  SC: Vendor Remains a Necessary Party in Specific Performance Suits Even After Transferring Property  ||  Raj HC: Having Different Age Criteria For Contractual and Regular Appointments is Unconstitutional  ||  Delhi HC: Registered Property Title Prevails over Claims Based on Oral Family Settlements  ||  Gauhati HC: Only A Family Court Can Grant A Divorce under Muslim Law, Not A Civil Judge  ||  Del HC: Courts Cannot Compel Lawyers to Disclose Sources of Documents Filed on Clients' Instructions  ||  SC Explains When Shares Received After Company Amalgamation are Taxable as Business Income  ||  SC: Excavators, Dumpers Etc Used Within Factories aren’t Motor Vehicles For Road Tax Purposes  ||  SC: Complaints Alleging Fraud under Companies Act Can Be Filed Only By SFIO, Not By Private Parties  ||  SC: Preventive Detention Cannot Override Bail and Requires Proof of a Threat to Public Order    

President Clears Currency Ban Ordinance - (02 Jan 2017)

President Pranab Mukherjee signed the Specific Bank Notes (Cessation of Liabilities) Ordinance, 2016 that seeks to extinguish RBI’s liability in respect of scrapped Rs 500 & Rs 1000 notes, prescribing penalty for holding or dealing in these notes beyond a threshold.

Tags : DEMONETISATION   ORDINANCE   PRESIDENT OF INDIA   RS. 500   RS. 1000  

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