commercial disputes Current Affairs, GK & News

Telangana – UP Potato Ban

January 4, 2022

The Telangana Government recently banned the potatoes from Uttar Pradesh. Can a State Government do this? Do state government hold such powers? Yes. The Trade and Commerce is a State Subject under the Seventh Schedule of the Constitution. What happened? Around 2,500 kg of potatoes are transported from UP to Telangana every day. Telangana government ..

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Cabinet approves strengthening commercial disputes resolution mechanism of CPSEs

May 17, 2018

Union Cabinet has approved strengthening commercial disputes resolution mechanism of Central Public Sector Enterprises (CPSEs) inter se and also between CPSEs and other Government Departments and Organizations. The Cabinet decision is based on recommendations of Committee of Secretaries (CoS). Key Facts The new strengthened mechanism puts in place institutionalized mechanism within Government for speedy resolution ..

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Cabinet approves ordinance to amend law for speedy disposal of commercial disputes

May 3, 2018

The Union Cabinet chaired by Prime Minister Narendra Modi has approved promulgation of Ordinance amend a law for speedy disposal of commercial disputes. This decision aims to improve India’s ranking in World Bank’s ease of doing business index. The index takes into consideration dispute resolution environment in country, which facilitates investors in deciding for setting ..

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