-The Hindu Attaches Swiss bank accounts of City Limouzines Group, says the case will help other international investigations For the first time, the Enforcement Directorate (ED) has been able to convince Switzerland to give it access to attach the accounts of an Indian company, City Limouzines, under the Prevention of Money Laundering Act (PMLA). The company was allegedly involved in running a racket of ponzi schemes in various cities and has stashed...
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IT Returns, Performance Report Out of RTI Ambit: SC
-Outlook The Supreme Court has ruled that the details of a person's income tax returns and performance of an employee are "personal information" which cannot be divulged under the provisions of the Right to Information Act unless a larger public interest is involved. The apex court added that under the transparency law, information pertaining to the performance of an employee or officer cannot be made public as it is a matter between...
More »State, private property and the Supreme Court -Namita Wahi
-Frontline Reinstatement of the fundamental right to property in the Constitution will on its own do little to protect the interests of poor peasants and traditional communities. The Indian Constitution adopted in 1950 guaranteed a set of fundamental rights that cannot be abridged by Central or State laws. One of these fundamental rights was the right to property enshrined in Articles 19(1)(f) and 31. Article 19(1)(f) guaranteed to all citizens the right...
More »Disclosing - and concealing
-The Business Standard Make politicians' asset disclosures clearer, and follow up In an important move towards transparency, Prime Minister Manmohan Singh last year reminded his council of ministers to declare their assets, movable and immovable, and said that the declarations would be put up online. Declarations for 2012 are now online and these should be welcome. But they also reveal that many lacunae remain in terms of full and clear disclosure. The...
More »Cabinet okays pro-women divorce clause-Himanshi Dhawan
Bowing to pressure from women's activists, the government has made some crucial amendments to divorce laws, giving women half a share in the husband's residential property irrespective of whether it was acquired before or during the marriage. The amendment was cleared by the Union Cabinet on Thursday. The wife's share in other assets owned by her husband - movable and immoveable property - has been left to the discretion of the...
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