Search Results for: fixed deposit

sc-reduces-political-pressure-on-bureaucrats

SC reduces political pressure on bureaucrats

New delhi, oct 31 (ANI): The Supreme Court on Thursday directed the central and state governments to pass orders within three months on giving fixed tenures to civil servants. In its order, the apex court said that fixed tenures for bureaucrats will promote professionalism, efficiency and good governance. The Supreme Court also directed the Parliament to enact a law to regulate transfer, posting and disciplinary action of IAS officers and to immunize them from political interference. Oct 31, 2013
sc-orders-sahara-group-to-hand-over-rs-20-000-crores-worth-of-property-title-deeds

SC orders Sahara Group to hand over Rs.20, 000 crores worth of property title deeds

New Delhi, Oct 29 (ANI): The Sahara Group has been ordered by the Supreme Court to hand over title deeds of properties worth Rs.20,000 crore to the Securities and Exchange Board of India (SEBI) after hearing three contempt of court petitions filed by SEBI against the group's owner Subrata Roy. An apex court bench headed by Justices K. S. Radhakrishnan and J. S. Khehar warned Roy that he would not be permitted to go abroad till the title deeds of the properties are handed over. The court has given Roy three weeks to comply with its latest order. The case against Roy relates to him failing to deposit money belonging to Sahara investors' with the SEBI. The contempt petitions filed by SEBI are related to Sahara firms-Sahara India Real Estate Corp Ltd (SIREC) and Sahara India Housing Investment Corp Ltd (SHIC) - and their directors. Oct 29, 2013
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