Daily Archives: May 18, 2013
Companies should shun RTGS accounts
The recent fraud in Mumbai where Rs 2.41 crore was siphoned off from RPG group’s account through RTGS is a repetition of many such frauds which are happening on a regular basis in India. While we continue to debate that Banks are … Continue reading
Karnataka High Court needs to take note
Karnataka High Court has recently stopped the Karnataka Adjudicator from discharging his duty as an Adjudicator of Karnataka by granting a stay of proceedings on a petition of Axis Bank Vs Gujarat PtroSynthese Ltd complaint. This decision has been given … Continue reading
Allahabad High Court issues notice to MIT on Grievance Redressal Officer
Under the rules framed under Section 79 of ITA 2008, it is necessary for all web sites operating in India to declare the name and contact details of the “Grievance Redressal Officer”. It is obvious that many websites/intermediaries have not … Continue reading
ITA 2008 may be up for review
It is reported that the MCIT has set up a committee to consider if it is feasible to integrate Indian Telegraph Act, the Indian Wireless Telegraphy Act, the Telegraph Wires (Unlawful Possession) Act, the Information Technology Act. into a single comprehensive … Continue reading
Developer? or Virus Writer?
Naavi.org had once reported the story of an IT professional who had developed and distributed an IRCTC hacking code not knowing that it was an offence which could have landed him in jail for 3 years or more. Fortunately he … Continue reading