Tuesday, January 31, 2012

Speak Asia files a case against Hats Off production’s R. K. Laxman ki Duniya

Speak Asia files a case against Hats Off production’s R. K. Laxman ki Duniya. There was a scrolling text message during the serial saying all the character are fictitious and story is imaginatory etc etc, But SpeakAsiaOnline panelists not believing this. All speakasian knows that January 25th and 26th episodes are pointed to company speakasiaonline. Even SpeakAsiaOnline Management is very serious on this issue and these episodes are in legal battle.. Tomorrow is the hearing of the case in Mumbai High Court.
Here is a High Court Link: Bombay High Court Link
Respondent : 
  • MULTI SCREEN MEDIA PVT. LTD. AND ORS.
  • Hats Off Productions Pvt. Ltd.
  • Jamandas Majethia
  • Dharmesh Mehta
  • Sachin Mote
Hearing Date : 01/02/2012
Category: Suits for defamation
Stage: FOR AD-INTERIM RELIEF [ORIGINAL SIDE MATTERS]
Multi Screen Media Pvt. Ltd. is an Indian company which was previously known as SET India Pvt. Ltd., the Sony Entertainment Television subsidiary in India. Although the company still operates the channel under the name Sony Entertainment TV the corporate name or company name has been changed.
R K Laxman Ki Duniya comedy TV show on SAB TV.
Created by: Hats Off Productions Pvt. Ltd.
Written by: Sachin Mote
Directed by: Mr. Dharmesh Mehta
Producers: Jamandas Majethia (JD) & Dharmesh Mehta
www.hatsoffproduction.com

Monday, January 30, 2012

RBI CIRUCULAR DATED : 30/01/2012



RBI/2011-12/373A. P. (DIR Series) Circular No.72
January 30, 2012
To
All Category-I Authorised Dealer Banks
Madam / Sir,
Memorandum of Instructions for Opening and Maintenance of Rupee /
Foreign Currency Vostro Accounts of Non-resident Exchange Houses
Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to the Paragraph nos. (A) (1) and (A) (3) (ix) of Annex-I to the A.P.(DIR Series) Circular No. 28 [A.P. (FL/RL Series) Circular No. 02] dated February 6, 2008 on Memorandum of Instructions for Opening and Maintenance of Rupee / Foreign Currency Vostro Accounts of Non-resident Exchange Houses and subsequent amendments thereto in terms of which prior approval of the Reserve Bank is required for opening and maintaining rupee vostro accounts of non-resident Exchange Houses.
2. With a view to give more operational leeway to the AD Category-I banks, it has been decided to dispense with the requirement of prior approval of the Reserve Bank for opening and maintaining each Rupee Vostro account in India of non-resident Exchange Houses in connection with the Rupee Drawing Arrangements (RDAs) that banks enter into with them. Accordingly, AD Category-I banks may take approval of the Reserve Bank the first time they enter into the above arrangement with non-resident Exchange Houses from Gulf countries, Hong Kong, Singapore and Malaysia. Subsequently, they may enter into RDAs, subject to the prescribed guidelines and inform the Reserve Bank immediately.
3. Once the total number of Rupee Drawing Arrangements (RDAs) reaches twenty, the AD Category-I bank may cause a detailed external Audit of their internal system to ensure that it is working satisfactorily. Based on the satisfactory report, the Board of AD Category-I banks may authorise more such arrangements. A copy of the Board Note together with Board Resolution in the matter may be filed with the Reserve Bank and new arrangements informed to the Reserve Bank as indicated in Para 2.
4. All other instructions contained in the A.P.(DIR Series) Circular No. 28 [A.P. (FL/RL Series) Circular No. 02] dated February 6, 2008, as amended from time to time, remain unchanged.
5. AD Category-I banks may bring the contents of this circular to the notice of their constituents concerned.
6. The directions contained in this circular have been issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law.
Yours faithfully,
(Meena Hemchandra)
Chief General Manager-in-Charge
Note   : Courtesy Reserve  Bank of India