Author: Sonu M Kothari

Against the prescribed 14 days to get a claim admitted, it takes 650 days. To address this issue the Insolvency and Bankruptcy Board of India (IBBI) has taken the necessary steps to solve the same. The operational creditors are finding it difficult to establish the delay in the courts. To answer this concern the board has suggested that the submission of GST (Goods and Service Tax) filing along with the e-way bill is more than enough to prove the delay. Earlier the law requires the appointment of a third valuer when the difference between the values is 25% or less.…

A bribe of Rs. 1,05,000 for clearing bills was taken by the hospital clerk in Thane. A clerk working at the Thane Civil Hospital in Thane, Maharashtra was caught red-handed. He was found taking bribe from one of the patients of the hospital. The bribe was not offered but asked for Rs.1,05,000 which was negotiated and brought down to Rs.60,000. The bribe was asked to facilitate the clearance of the patients’ hospital bills. Out of the agreed Rs.60,000, an amount of Rs.20,000 was paid beforehand. The victim of the incident has raised a complaint against the clerk in the Anti-Corruption…

Dale Steyn, a former South African speedster, tagged Pakistan Cricket Captain, Babar Azam as the ‘best batsman’. During a Q&A session, Dale while answering one of the fan questions on who is the best ‘all-format batsman’ according to him, in the current generation of players, named the Pakistani batsman as his choice. The answer to questions like ‘who is the best’ leaves never-ending debates among the crowd. But the pacer locked his answer on Pakistan’s current captain. He went on to commenting, that he is ‘pretty darn good’. Twitter handler Zainab posted the question, “Who’s the best batsman across all…

CEQUIN India chairperson and Co-Founder interacted with the CSR Journal In an exclusive interaction with the CSR journal, a journal that provides Corporate Social Responsibility updates, Ms. Sarah Abdullah, Chairperson and Co-founder of CEQUIN (Center for Equality and Inclusion) pointed out the roles in which sports practice can bring gender equality in the country. Nelson Mandela once rightly quoted, “Sports can create hope where once there was only despair. It is more powerful than governments in breaking down Racial Barriers. It laughs in the face of all types of discrimination.” In a time when there are political conspiracies in sports,…

Department of Telecommunication working on addressing Spectrum issues The spectrum issues concerning critical airwaves, allotment, auction, reservation of the scarce natural resource, and similar issues are included to be resolved. This is to be done by the Department of Telecommunications (DoT) under the New Wireless and Spectrum Act. The title is just a working title and not the actual law itself. It is tentative. The proposed Act will be replacing the old India Wireless Act in 1933 by the then Ministry of Communication. Not only DoT but also the Department of Space, Home Affairs, and the defense Ministry is to…

Indian Black Money law and Swiss Tax treaty, Acche Din aagaye? The assumption people of the country have is that rich Indians have a bank account at the Swiss Bank. These accounts have their black money deposited. Since the bank is overseas, the law of the land (Switzerland) has its own rules and restrictions. These laws and information sharing restrictions were used as a privilege for the account holders. Until a year ago, when the Swiss Federal Court passed a judgment in relevance that the ‘principle of specialty’ information from the administrative assistance can be used only for the tax…

From being local to going global, the Northeastern games have come a long way The traditional sports of the country are treasured and are played at festivals in the Northeastern state. As the games spread worldwide, the names have changed. But the format and rules of the sport remain the same. Just like one of the traditional games of India – ‘Nondi’; hopping on one leg and crossing the finish line is played as ‘Stoop’ in other countries. ‘Tekeli Bhonga’ looks more or less similar to the Mexican game of ‘Pinata’. The game is nothing but the participant is blindfolded…