-The Hindustan Times   The government is drafting the framework of a “white paper” on black money that it is likely to present before Parliament in the forthcoming budget session. The white paper, however, is unlikely to disclose any names of individuals or entities, despite the opposition’s demand to make public the names of those who are found have to stashed money in banks in overseas tax havens, sources told HT. The finance...

-PTI   The Enforcement Directorate has registered a Money Laundering case against former Union minister Dayanidhi Maran and his brother Kalanidhi in connection with the 2G spectrum allocation case. The case, registered on Tuesday under the Prevention of Money Laundering Act (PMLA), pertains to an alleged illegal gratification of about Rs 550 crore allegedly received by the Maran brothers in the Aircel-Maxis deal. Maran, a former Union telecom minister, had quit from the...

-The Times of India   UP Lokayukta Justice N K Mehrotra has recommended registration of a case and a CBI and Enforcement Directorate probe against former state minister Babu Singh Kushwaha under the Prevention of Corruption and Money Laundering Act.  The Lokayukta has found him prima facie guilty of large-scale anomalies in allotment of mines and other financial irregularities and forwarded a report to chief minister Mayawati for necessary action.  "There were three specific...

The government’s recent actions in notifying the Intermediary Guidelines for the internet with minimal public debate have resulted in the creation of a legal system that raises as many problems as it solves. The regulations as presently notified are arguably unconstitutional, arbitrary and vague and could pose a serious problem to the business of various intermediaries in the country (not to mention hampering internet penetration in the country) and also...

The year 2011 saw the highest number of cases disposed of in recent years, with more than 79,000 cases cleared under the leadership of Chief Justice of India S.H. Kapadia. In his Law Day address, Justice Kapadia rejected the allegation made in certain quarters about the huge pendency of cases and said: “There is a backlog of cases. However, it is not as big as is sought to be projected.” Seventy-four...