banking regulation act

A surprising revelation surfaces as 2024 records show a mere 18 instances of cheque bounce nationwide, predominantly from Jharkhand and Uttar Pradesh. This significant drop brings into question the practicality of the Negotiable Instruments Act, 1881, a key element in the realm of commercial law.

As UK temperatures reached record highs, workers found themselves battling the heat, stirring debate about the adequacy of workplace conditions. Although there's no set maximum temperature law, companies are obligated to maintain reasonable environments and evaluate heat-related hazards. Outdoor employees need extra safeguards, including access to shade or appropriate attire.

Non-Resident Indians can invest in Indian real estate, including residential and commercial properties, and land for construction, under FEMA rules. While agricultural land is restricted, NRIs can purchase apartments, offices, and plots. Key documents and tax compliance are essential, with specific deductions available for interest and principal payments. Payments must follow prescribed banking channels.

Homebuyers facing delayed possession or unfair practices by builders now have legal recourse under RERA. The Act empowers buyers to seek compensation for delays or opt for a full refund with interest. It's crucial to file complaints early with supporting documents to protect your rights and investment.

Odisha's RERA, established in 2017, has brought transparency and stronger buyer rights to the real estate sector, registering over 1,400 projects and strengthening dispute resolution. However, enforcement gaps, institutional fragility due to vacancies, and challenges in controlling unregulated plotting schemes persist, limiting its full impact.

The BJP has accused Rahul Gandhi of a significant financial discrepancy, alleging his foreign travels over two decades cost approximately Rs 60 crore, far exceeding his declared income. The party questions potential Foreign Contribution Regulation Act and tax law violations, demanding transparency regarding the source of funds for his numerous international trips.

Canada's Bill C-22, also called the Lawful Access Act, 2026, is a proposed law that would give law enforcement and spy agency CSIS sweeping powers to access private digital data. Apple and Meta say it could force companies to break encryption and build government backdoors—making Canadians less safe. The bill is currently being debated in the House of Commons, and its vague language around "systemic vulnerabilities" is what's got the tech industry worried.

The United States has stepped up efforts to restrict Iranian oil exports, a major source of revenue for Tehran. Late last month, the Treasury Department’s Office of Foreign Assets Control imposed sanctions on Hengli, targeting one of the most prominent and well-connected companies in China’s large crude-processing sector.

Lawyers and consumer rights experts argue that procedural delays should not automatically extinguish a genuine claim, especially when the insurer does not otherwise dispute its validity or admissibility.