Court quashed criminal prosecution & confiscation for benami transactions entered into before 2016 Act came into force. It also said the Act's 1998 predecessor was 'merely a shell'.
The Income Tax dept is investigating Bright Star Hotel Private Ltd., which it claims is the "benami" property of Congress leader Kuldeep Bishnoi and his brother Chander Mohan.
Of the 860 cases that have been finalised, about 80 could be adjudicated. The remaining 780 cases bearing attachments worth crores involve some very high-profile individuals.
New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.
New Delhi: Chinese Foreign Minister Wang Yi Tuesday pushed for a “dual-track” progress for ties with India, separating economic ties from the boundary question,...
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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