Companies Act - Winding up proceedings pending before High Courts, which are at nascent stage and have not progressed to advanced stage, can be transferred to NCLT : HC (See 'Legal Desk') PMLA - Considering involvement of applicant in selling fake Remdesivir injection at higher price, applicant is not entitled for anticipatory bail : HC (See 'Legal Desk') Arbitration Act - Any amicable settlement not incompatible with arbitration agreement is encouraged by Arbitral Tribunal : HC (See 'Legal Desk') M.P. Nagar Tatha Gram Nivesh Adhiniyam, 1973 - Order passed by respondents is devoid of merit as land of petitioner is left open for purpose of any future road expansion : HC (See 'Legal Desk') Arbitration Act - Since appellant has failed to establish loss suffered, Arbitral Tribunal rightly rejected appellant's claim in this regard : HC (See 'Legal Desk') PMLA - Arrest order and consequent remand order are not illegal : HC (See 'Legal Desk') Keel-laying ceremony performed at Goa Shipyard (See 'Corp Brief') Companies Act - Winding up proceedings pending before High Courts, which are at nascent stage and have not progressed to advanced stage, can be transferred to NCLT : HC (See 'Legal Desk') SEBI Act - Extension of time can be allowed to SEBI to complete investigation : SAT (See 'Legal Desk') Arbitration Act - Respondent no.3 is not liable for repayment obligations of financial facilities extended by appellant to respondent no 1 company : HC (See 'Legal Desk') Mineral production grows by 8 percent in February (See 'Corp Brief') SARFAESI Act - Court refrains to adjudicate matter on merits when matter is already pending in DRAT : HC (See 'Legal Desk') Coal production in April up by 7.4% (See 'Corp Brief') SEBI Act - Appellants have made case for stay as rigours of directions of SEBI order would adversely affect business of Appellant as well as their clients : SAT (See 'Legal Desk') Trade Mark Act - Marks 'BETSONE' and 'BETASON' are deceptively similar to registered trademark 'BETNESOL' and visually, phonetically and structurally alike, with minimal alterations : HC (See 'Legal Desk') Voting by tribal communities blossoms as ECI's outreach to them bears fruit (See 'Corp Brief') SARFAESI Act - No fault can be found with respondent financial institution invoking Section 14 of SARFAESI Act by approaching District Magistrate, Rewa : HC (See 'Legal Desk') Ministry of Parliamentary Affairs observes Swachhata Pakhwada (See 'Corp Brief')

Indian experience of devolution system to be shared at 4th Annual Devolution Conference in Nairobi

Published: Mar 06, 2017

By TIOLCORP News Service

NEW DELHI, MAR 06, 2017: THE Union Minister of State for Finance and Corporate Affairs, Mr Arjun Ram Meghwal will represent the India in the 4th Annual Devolution Conference and will share the experience of devolution system and its progress in India. In this regard, Mr Meghwal would specifically highlight the 73rd-74th Constitutional Amendments and provisions their under for strengthening the local governance in the Republic of India. The Minister of State for Finance and Corporate Affairs, Mr Meghwal has reached Nairobi, Kenya to participate in the 4th Annual Devolution Conference to be held from 06th to 09th March, 2017 at Nakuru County of Kenya. Mr Meghal has been asked by the Prime Minister to represent India in the said Conference.

During his visit to Kenya, Mr Meghwal will address the Devolution Conference and will brief the Conference on the revenue sharing between the Centre and the States as well as showcase the smooth devolution on the recommendations of 14th Finance Commission from the earlier 32% share in 13th Finance Commission to 42% of Union's net tax receipts, to the States. To share the successful experience of the Urban and Rural Local Bodies, Mr Meghwal will inaugurate the Conference. The objective of the Conference also includes sharing of good experience of devolution system and through the platform of Devolution Conference how it can be used to increase Good Governance and Public Accountability for the Social & Economic Development internationally.

In this International Conference, around ten thousand delegates will participate from different regions including African Nations and China. The Members of Parliament, Leaders of Opposition from all States, professionals, representative of various civil societies, religious & social organizations from Kenya will also take part in the aforesaid Conference.

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