Regulations
Greenpeace India's license suspended

Greenpeace India, however, has received "no official communication" from the ministry, the NGO said in a statement

 

The Indian government on Thursday announced it has "temporarily" suspended the registration of Greenpeace India under the foreign contributions law for "under-reporting" such funding it and conducting transaction of such funds without informing the authorities as required by the law.
 
Along with the 180-day suspension, the ministry of home affairs froze all seven bank accounts of the organisation and served it a show-cause notice seeking explanation why its license should not be cancelled.
 
Greenpeace India, however, has received "no official communication" from the ministry, the NGO said in a statement.
 
"This is a smear, pure and simple. All of this was put before the Delhi High Court when we brought a case against the centre, and the court decided in our favour," said Greenpeace India executive director Samit Aich.
 
Posted on the ministry's website, the order found the association in violation of rules under the Foreign Contribution Regulation Act for transferring "foreign contribution received in the FCRA designated account to FCRA utilization account and from there to... five other bank accounts without informing authority concerned".
 
It further said: "The association has under-reported and repeatedly mentioned incorrect amount of foreign contribution received in violation... of FCRA, 2010."
 
Divya Raghunandan, Greenpeace India programme director, dismissed the charges as based on "bunch of minute technicalities".
 
"We are confident that we will be able to rebut and respond to these charges that are based on minor technicalities, as told to us by our lawyers and chartered accountant," Raghunandan told IANS.
 
Greenpeace India also claimed that they were being targeted for expressing dissent and protesting against "crony capitalism" that supported a coal mine project in Mahan forest of Madhya Pradesh's Singrauli district.
 
Aich added that they "will continue to work towards clean air, clean water and inclusive development in India".
 
Security agencies, in their reports to the home ministry earlier, had recommended cancellation of Greenpeace India's FCRA registration, terming it a threat to national economic security.

User

Kerala clears ordinance on real estate development

Of late, the number of complaints by people who have paid money for buying flats and villas promoted by real estate companies have gone up drastically

 

To streamline real estate development in Kerala and to eliminate fly-by-night operators, the state government has approved the Kerala Real Estate (Development and Regulation) Ordinance, Chief Minister Oommen Chandy said on Wednesday.
 
"This ordinance was cleared by the cabinet today (Wednesday) and through this, we expect to prevent frauds taking place in the real estate sector. Through this ordinance, two regulatory bodies -- the Real Estate Authority and the Real Estate Appellate Tribunal -- will come into being to look into all aspects of new flats, villas and commercial buildings," Chandy said.
 
The measure has been sent to Governor P. Sathasivam for its issuance.
 
Of late, the number of complaints by people who have paid money for buying flats and villas promoted by real estate companies have gone up drastically.
 
The most affected are the Kerala diaspora who have reportedly fallen victim to errant builders.
 
Kerala Minister for Urban Affairs Manjalamkuzhi Ali said that through this measure, they were confident of protecting the interests of investors who pay for a flat or a villa.
 
"The Real Estate Appellate Tribunal will be a quasi-judicial body and would have enormous powers to ensure that land deals are fair. Right from the time advertisements appear from real estate developers, the construction period and after the property is handed over, everything will be under scrutiny.
 
"Those who do not complete their project on time would be fined. We are confident that through this, there will be no more apprehensions by the investors," said Ali.
 
Chandy said that Kerala, through this ordinance, has become only the second state after Maharashtra to have such a stringent law.

 

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COMMENTS

vishal

3 years ago

there are already regulations but the promoters know where to look for their prey when advertising for selling properties. The Registrars office in all states are corrupt from top to bottom. When a flat or villa is either sold or bought much of the money is eaten away by middle men. The Kerala Government may scrutinize a buildings plan from beginning but will they ensure the buyers, a fair play. All this only in paper. We know very what happens in reality.

Misuse of the Legal Process
For Rs1 Lakh, Borrower Makes the Lender Approach the SC
 
One Mr A gave a loan of Rs1 lakh to his friend Mr B. Later, B gave a cheque for Rs1 lakh dated 31 December 2005 to A, towards repayment of the loan. The cheque was presented on 30 June 2006, six months later. It bounced. A informed B about it. B refused to pay the amount. A was forced to send a notice on 25 July...
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