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Justice PB Sawant, former Judge of SC, Passes Away at 90

Justice PB Sawant, former Judge of SC, Passes Away at 90 IANS  0 Legal luminary and former judge of the Bombay High Court and Supreme Court, Justice P.B. Sawant, who was one of the co-conveners of the Elgar Parishad in 2017, passed away here following a cardiac arrest on Monday, his family said.   A former Chairman of Press Council of India, Justice Sawant was 90 and breathed his last at his family home here around 9.30 a.m.   Justice Sawant is survived by his wife Jayashree, a lawyer son Vishwajeet and two daughters Sujata and Rajashri, his grandson Aditya told IANS.   His last rites will be performed in Pune on Tuesday after his son reaches here, said another family member.

Arcadia Share & Stock Brokers Was Intentionally Filing Incorrect Information and Data: NSE

 3 Mumbai-based Arcadia Share & Stock Brokers Pvt Ltd, whose trading rights have been withdrawn by the National Stock Exchange (NSE) for failing to adhere to its regulatory provisions, was found reporting incorrect data about clients’ funds, cash and cash equivalent balances, during the weekly enhanced supervision.    Based on data collected by the forensic auditor, the amount payable to the clients was about Rs47.51 crore as on 31 December 2020, whereas the clients payable as reported in the cash and cash equivalent balances submission by Arcadia as on the same date were to the tune of around Rs11.17 crore. This clearly establishes that Arcadia has been intentionally filing incorrect information and data with a view to conceal the true position of the availability of clients’ funds and securities, says an order passed by the NSE s member and core settlement guarantee fund committee (MCSGFC). 

GST Menace: Traders body CAIT to release white paper

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