CONSUMER INTEREST


Moneylife Digital Team 06 March 2025
Housing society redevelopment projects often bring a mix of hope and anxiety for residents, as legal and financial complexities can lead to confusion and disputes. This week's queries highlight some of these pressing concerns—from questionable developer demands and unapproved modifications in...

Read More



Moneylife Digital Team 03 March 2025
In a landmark ruling, the Haryana Real Estate Regulatory Authority (HRERA) has directed Ansal Housing & Construction (now known as New Look Builders and Developers Pvt Ltd) to refund Rs1.07 crore along with 11.1% interest to a home-buyer who faced over a decade-long delay in receiving...

Read More



Adv (Dr) Prashant Mali 28 February 2025
Navigating India’s DPDPA 2023: A Compliance Guide for Handling Photographs of Individuals   The Digital Personal Data Protection Act, 2023 (DPDPA) and its accompanying rules have ushered in a new era of accountability for businesses handling personal data in India. Among the most overlooked,...

Read More



Remote work has many benefits, such as flexibility and a better work-life balance. However, it has also opened new doors for scammers looking to exploit remote workers. As digital communication and online platforms become essential for remote jobs, fraudsters have developed sophisticated tricks...

Read More



Moneylife Digital Team 27 February 2025
Coming down heavily on the national highways authority of India (NHAI) and toll plaza operators for arbitrary toll collection, the Jammu & Kashmir and Ladakh High Court, citing ongoing construction and poor road conditions, directed NHAI to collect only 20% toll fee from Lakhanpur and Ban toll...

Read More



Shirish Shanbhag 27 February 2025
Housing societies often face complex legal and administrative challenges, ranging from property ownership documentation to society elections and maintenance cost allocations. Many of these issues stem from unclear regulations, differing member opinions and procedural hurdles. This week, I will...

Read More



Moneylife Digital Team 25 February 2025
In a significant ruling, Parrag Jaiin Nainutia, the adjudicating officer (AO) and principal secretary of Maharashtra's department of information technology has directed Yes Bank to reimburse Rs1.21 crore to Wardha Nagari Sahakari Adhikosh (Bank) Maryadit after a cyber fraud led to unauthorised...

Read More



Moneylife Digital Team 25 February 2025
In a significant move towards justice for victims of the Agri Gold Ponzi scheme, the Hyderabad zonal office of the directorate of enforcement (ED) has successfully restituted attached properties worth around Rs3,339 crore to the victims. The present market value of these properties is estimated...

Read More



Moneylife Digital Team 24 February 2025
Reserve Bank of India (RBI) has allowed depositors of New India Cooperative Bank Ltd to withdraw Rs25,000 per depositor from 27 February 2025. Earlier this month, RBI has imposed all inclusive directions on New India Cooperative Bank, and the Bank was directed not to allow withdrawal of any...

Read More



Earlier this week, one of my old friends Chaitanya sent me a video on WhatsApp. Before I could even watch it, he bombarded me with calls full of panic and questions. He was worried that fraudsters could drain his bank account just by merging phone calls on his device. I reassured him that this...

Read More



Moneylife Digital Team 20 February 2025
In the wake of the controversy surrounding YouTuber Ranveer Arora, also known as Ranveer Allahbadia or BeerBiceps's recent episode, the Union ministry of information & broadcasting (MIB) has issued a fresh advisory to online curated content publishers (OTT platforms) and their self-regulatory...

Read More



Shirish Shanbhag 20 February 2025
Cooperative housing societies are expected to function transparently and in the best interests of their members. However, mismanagement, lack of accountability and failure to follow due process often lead to conflicts and legal troubles. This week, I will address pressing concerns ranging from...

Read More



Ratna Singh (Bar  and   Bench) 19 February 2025
A consumer court in Bengaluru has ordered PVR Cinemas and INOX (now merged with PVR) to ensure that movie tickets mention the actual start time of movie shows, rather than mentioning the time when commercial advertisements are screened before the movie starts.   A coram of President M Shobha...

Read More



Moneylife Digital Team 18 February 2025
Another cooperative bank is again at the centre of a financial scandal, with the arrest of Hitesh Mehta, general manager and head of accounts at New India Cooperative Bank, for allegedly siphoning off Rs122 crore. However, what appears to be a simple case of embezzlement could, in reality, be a...

Read More



Moneylife Digital Team 17 February 2025
Union finance minister (FM) Nirmala Sitharaman says the government have asked insurance companies to extend the free-look period for insurance policies to one year from the existing one month.    Speaking with media in Mumbai, Ms Sitharaman says, "People can return policy within one year for...

Read More



Moneylife Digital Team 14 February 2025
The Reserve Bank of India (RBI) has imposed operational restrictions on New India Cooperative Bank, a Mumbai-based multi-state scheduled bank, citing supervisory concerns and the lender's liquidity position. Under these restrictions, New India Cooperative Bank is prohibited from granting or...

Read More



Imagine expecting an important document from a client and receiving an email that looks completely legitimate. The email contains an attachment in an SVG (scalable vector graphics) format. You open it, and it redirects you to a website that looks just like DocuSign, Dropbox, or SharePoint,...

Read More



Moneylife Digital Team 13 February 2025
The Telecom Regulatory Authority of India (TRAI) has announced amendments to its Telecom Commercial Communications Customer Preference Regulations (TCCCPR), 2018, tightening restrictions on unsolicited commercial communication (UCC). The revised rules significantly lower the threshold for...

Read More



Shirish Shanbhag 13 February 2025
Many cooperative housing societies (CHSs) embark on self-redevelopment with the expectation of greater transparency and cost savings. However, as seen in one case this week, members are struggling to access key documents such as the feasibility report and development manager (DM) contract,...

Read More



Moneylife Digital Team 12 February 2025
US president Donald Trump's planned 25% tariffs on steel and aluminium imports would be added on top of other levies on Canadian goods, resulting in a total 50% tariff if threatened duties on all imports from Canada are enacted in March.    However, governments around the world, including...

Read More

Free Helpline
Legal Credit
Feedback