Legal action: SCUP

Legal action: SCUP
We propose to file a case in the National Consumer Disputes Redressal Forum against the scrapping of the Senior Citizen’s Unit Plan by UTI MF. For this, we need to have the numbers to make the litigation cost effective - also when many people are affected, the case is expedited on a priority basis.|

If we do not file the case, UTI will have set an unhealthy precedent of...

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Drop the amendment

Refer to “Media Masochism” (Letter from the Editor, MoneyLIFE March 27). At present, before levying a penalty under section 271 (1), the IT officer is required to record the reasons for believing that there is a wilful misrepresentation by the assessee - a detailed statement on the reasons has to be noted in the files. The same may be considered by higher authorities, including courts for...

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Momentum

This variety of Stockgrader tries to capture the more recent moves of a stock. It lets the more active investor focus on stocks that are currently on an uptrend. The emphasis is less on the fundamentals of a stock and more on price strength and lower volatility. As you can see just a few stocks have made the A grade. The best of the lot is Glenmark which combines extremely strong price action...

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