Non-banking financial companies, or NBFCs, are financial institutions that provide banking services, but do not hold a banking license. These institutions are not allowed to take deposits from the public. Nonetheless, all operations of these institutions are still covered under banking regulations NBFCs offer most sorts of banking services, such as loans and credit facilities, private education funding, retirement planning, trading in money markets, underwriting stocks and shares, TFCs(Term Finance Certificate) and other obligations. These institutions also provide wealth management such as managing portfolios of stocks and shares, discounting services
NFBC Takeover
RECENT JUDGEMENT ON PRO RATA PENSION
Pro rata is the term used to describe a proportionate allocation.
As per Rule 37 of Central Civil Services Pension Rules 1972 and as amended from time to time this provision of pro rata pension was made applicable to Central Govt employees inducted into public sector undertaking or an autonomous body, all Government servants of that Department shall be transferred en-masse to that public sector undertaking or autonomous body as the case may be on terms of foreign service without an deputation allowance till such time as they get absorbed in the said undertaking or body as the case be and such transferred Government servants shall be absorbed in the public sector undertaking or autonomous body as the case may be.
This policy was also made applicable only to Commissioned Officers of Defence Services and not to Personnel Below Officer Rank (PBOR) of the Defence Services.
The same issue was raised before Hon’ble Delhi High Court in WP(C) 10026/2016 by Govind Kumar Srivastava.
He applied for grant of Pro Rata Pension which was denied.
Justice NV Ramana became the 48th Chief Justice of India (CJI) on April 24, this year.
He is a judge who has delivered hundreds of landmark judgments in the Supreme Court and High Courts.
His commitment to the cause of protection of human rights, the rule of law, constitutionalism, and secularism are well-known.
He has joined the highest judicial office of the country at a time that has brought many challenges before him.
Of course, along with the challenges, he also has some opportunities to make a visible contribution to the Supreme Court.
I hope he overcomes all the challenges and does not miss the opportunities available to him for protecting the reputation, glory, credibility, integrity and majesty of the Indian judiciary.
Mr. Nageswar Rao Pujari is well known for multi-disciplinary knowledge and approach in handling any legal matters.
His cases are drafted with masterly finesse.
Mr. Pujari standout as an acclaimed figure among the High Court Advocates fraternity.
He is known for uncompromising nature, quality work, strict adherence to professional ethics and a vast knowledge bank.
A developed country is a result of the contribution of every sector of society.
People get involved in illegal activities and commit crimes causing harm to others.
Crime is a harmful element of society that weakens the foundation.The government has made many laws to prevent crimes that focus on two things—provide justice to the victims and punish the criminals.
If you have been a victim of a crime then you have the right to demand justice.
Lawyers are the connecting link between common people and jurisdiction.
If you are looking for a Criminal lawyer Mississauga then you must come to us to get the best legal help.
Taniya Lall Jimenez is the best Real Estate lawyer providing the best services in civil litigation, wills, and employment.
She guides her client in a well-mannered way.
He also received the translations of 100 SC judgments in regional languages.
On this occasion, President Ram Nath Kovind has delved upon many things in his speech and has made an interesting observation.
He congratulated both the government and the collegium for filling all 31 vacancies in the Supreme Court with able judges, an achievement after a decade.
Before deliberating on this, here is the tweet from the President of India quoting his speech.
All 31 vacancies in the Supreme Court have been filled by able judges.
This has happened after a full decade, and for this achievement I must congratulate the Collegium and the govt for working together with such understanding and urgency #PresidentKovind
The Supreme Court, on Monday, has continued its suo moto scorn continuing against Advocate on-Record Lawyer Prashant Bhushan, over a solicitation made by the senior supporter Harish Salve.
Prashant Bhushan prestigious for showing up in Public Interest Litigations have grumbled about the record of his remarks made against previous Chief Justice SH Kapadia.
On Monday, the court warned the governments of Haryana, Punjab and Uttar Pradesh to stop stubble burning.
The SC has said in the strict words that the entire administration including the police, secretary, sarpanch, etc.
would be held responsible if another instance of stubble burning takes place in these states.
We are losing precious years of our lives… It is writ large that various State governments, civic bodies have failed to discharge their liabilities.
It is time to fix liability… This is a shocking state of affairs,” the frustrated Bench of Justices Arun Mishra and Deepak Gupta asserted.
Justice Mishra said, “Who is responsible for stubble burning?
US President Donald Trump’s personal attorney Rudy Giuliani has joined a lawsuit battling the electoral process in Pennsylvania.
The move came after multiple lawyers fled the case this week.Read more at: https://bit.ly/32T6iJ7
RECENT JUDGEMENT ON PRO RATA PENSION
Pro rata is the term used to describe a proportionate allocation.
As per Rule 37 of Central Civil Services Pension Rules 1972 and as amended from time to time this provision of pro rata pension was made applicable to Central Govt employees inducted into public sector undertaking or an autonomous body, all Government servants of that Department shall be transferred en-masse to that public sector undertaking or autonomous body as the case may be on terms of foreign service without an deputation allowance till such time as they get absorbed in the said undertaking or body as the case be and such transferred Government servants shall be absorbed in the public sector undertaking or autonomous body as the case may be.
This policy was also made applicable only to Commissioned Officers of Defence Services and not to Personnel Below Officer Rank (PBOR) of the Defence Services.
The same issue was raised before Hon’ble Delhi High Court in WP(C) 10026/2016 by Govind Kumar Srivastava.
He applied for grant of Pro Rata Pension which was denied.
He also received the translations of 100 SC judgments in regional languages.
On this occasion, President Ram Nath Kovind has delved upon many things in his speech and has made an interesting observation.
He congratulated both the government and the collegium for filling all 31 vacancies in the Supreme Court with able judges, an achievement after a decade.
Before deliberating on this, here is the tweet from the President of India quoting his speech.
All 31 vacancies in the Supreme Court have been filled by able judges.
This has happened after a full decade, and for this achievement I must congratulate the Collegium and the govt for working together with such understanding and urgency #PresidentKovind
Justice NV Ramana became the 48th Chief Justice of India (CJI) on April 24, this year.
He is a judge who has delivered hundreds of landmark judgments in the Supreme Court and High Courts.
His commitment to the cause of protection of human rights, the rule of law, constitutionalism, and secularism are well-known.
He has joined the highest judicial office of the country at a time that has brought many challenges before him.
Of course, along with the challenges, he also has some opportunities to make a visible contribution to the Supreme Court.
I hope he overcomes all the challenges and does not miss the opportunities available to him for protecting the reputation, glory, credibility, integrity and majesty of the Indian judiciary.
The Supreme Court, on Monday, has continued its suo moto scorn continuing against Advocate on-Record Lawyer Prashant Bhushan, over a solicitation made by the senior supporter Harish Salve.
Prashant Bhushan prestigious for showing up in Public Interest Litigations have grumbled about the record of his remarks made against previous Chief Justice SH Kapadia.
Mr. Nageswar Rao Pujari is well known for multi-disciplinary knowledge and approach in handling any legal matters.
His cases are drafted with masterly finesse.
Mr. Pujari standout as an acclaimed figure among the High Court Advocates fraternity.
He is known for uncompromising nature, quality work, strict adherence to professional ethics and a vast knowledge bank.
On Monday, the court warned the governments of Haryana, Punjab and Uttar Pradesh to stop stubble burning.
The SC has said in the strict words that the entire administration including the police, secretary, sarpanch, etc.
would be held responsible if another instance of stubble burning takes place in these states.
We are losing precious years of our lives… It is writ large that various State governments, civic bodies have failed to discharge their liabilities.
It is time to fix liability… This is a shocking state of affairs,” the frustrated Bench of Justices Arun Mishra and Deepak Gupta asserted.
Justice Mishra said, “Who is responsible for stubble burning?
US President Donald Trump’s personal attorney Rudy Giuliani has joined a lawsuit battling the electoral process in Pennsylvania.
The move came after multiple lawyers fled the case this week.Read more at: https://bit.ly/32T6iJ7
A developed country is a result of the contribution of every sector of society.
People get involved in illegal activities and commit crimes causing harm to others.
Crime is a harmful element of society that weakens the foundation.The government has made many laws to prevent crimes that focus on two things—provide justice to the victims and punish the criminals.
If you have been a victim of a crime then you have the right to demand justice.
Lawyers are the connecting link between common people and jurisdiction.
If you are looking for a Criminal lawyer Mississauga then you must come to us to get the best legal help.
Taniya Lall Jimenez is the best Real Estate lawyer providing the best services in civil litigation, wills, and employment.
She guides her client in a well-mannered way.