GUWAHATI, India, May 29 -- Gauhati High Court issued the following order on April 29: 1. Heard Dr. AK Saraf, learned Senior Counsel assisted by Mr. PK Bora, learned counsel for the petitioners. Also heard Mr. B. Chowdhury, learned Standing Counsel, Finance and Taxation Department. 2. These 3 (three) writ petitions have been filed by the petitioners who established their manufacturing units pursuant to the incentives offered in the Industrial Policy of Assam 2008 and the Assam Industries (Tax ...
GUWAHATI, India, May 29 -- Gauhati High Court issued the following order on April 29: 1. Heard Dr. AK Saraf, learned Senior Counsel assisted by Mr. PK Bora, learned counsel for the petitioners. Also heard Mr. B. Chowdhury, learned Standing Counsel, Finance and Taxation Department. 2. These 3 (three) writ petitions have been filed by the petitioners who established their manufacturing units pursuant to the incentives offered in the Industrial Policy of Assam 2008 and the Assam Industries (Tax ...
GUWAHATI, India, May 29 -- Gauhati High Court issued the following order on April 29: 1. Heard Mr. P. J. Saikia, learned counsel for the petitioners. I have also heard Mr. T. Y. Mahanta, learned Senior counsel for the respondent. 2. By filing this application under Sections 115 and 151 of the Code of Civil Procedure, 1908, read with Article 227 of the Constitution of India, the petitioners seek revision of the order dated 05.09.2018, passed by the Munsiff No.1, Sibsagar, in TS No.62/2013. The...
GUWAHATI, India, May 29 -- Gauhati High Court issued the following order on April 29: 1. Heard Mr. S Sahu, the learned counsel appearing on behalf of the petitioner. Mr. NC Das, the learned senior counsel assisted by Ms. M Devi, the learned counsel appears on behalf of the respondents. 2. The petitioner has approached this Court by invoking the revisional jurisdiction of this Court under Section 115 of the Code of Civil Procedure, 1908 (for short, 'the Code') challenging the order dated 12.12...
India, May 29 -- The Government of India issued the following news release: The Department of Expenditure, Ministry of Finance, today organised a half-day workshop with the Secretaries of various Ministries and Departments of the Government of India, and initiated an elaborate exercise for 'Appraisal and Approval of the Centrally Sponsored Schemes (CSSs) and the Central Sector Schemes (CSs)' for their continuation over the next five years. The new five year cycle will start on 1st April 2026 an...
India, May 29 -- The Government of India issued the following news release: Union Minister for Environment, Forest and Climate Change, Shri Bhupender Yadav, today addressed the Confederation of Indian Industry (CII) Annual Business Summit 2025, on the theme 'Building Trust - India First'. The Special Plenary Session address was focused on 'India's Climate Policy Architecture: Pathways for Emerging Economies'. Describing the 'India Story', Shri Yadav portrayed it as a blend of tradition and tra...
MUMBAI, India, May 29 -- Reserve Bank of India issued the following press release: It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No. S1580/12-22-321/2025-2026 dated May 28, 2025, has issued certain Directions to The YASHWANT CO-OPERATIVE BANK Ltd., Phaltan, ("the bank"), whereby, as from t...
MUMBAI, India, May 29 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 27, 2025, imposed a monetary penalty of ₹2.50 lakh (Rupees Two Lakh Fifty Thousand only) on Kunbi Sahakari Bank Ltd., Mumbai, Maharashtra (the bank) for non-compliance with the specific directions issued by RBI under Supervisory Action Framework (SAF) and certain directions issued by RBI on 'Know Your Customer (KYC)'. This penalty has been imposed i...
MUMBAI, India, May 29 -- Reserve Bank of India issued the following press release: In exercise of the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934, the Reserve Bank has cancelled the Certificate of Registration (CoR) issued to the following Non-Banking Financial Company (NBFC): Name of the NBFC Registered Office Address CoR No. CoR issued on Name of the service provider (mobile app) M/s N.Y. Leasing Private Limited Plot No.-54A, Third Floor, Shiv Park, Near O...
MUMBAI, India, May 29 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on May 30, 2025 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer ...