Thursday, February 27, 2014

VILLAGE PANCHAYAT KATHA SITES/GRAMATHANA SITES (ILLEGAL AND IRREGUALR) WITHOUT E-FORMS(FORM NO.9 AND FORM NO.11) STOPPED

IT IS RELIABLY LEARNT THAT THE REGISTRATION OF VILLAGE PANCHAYAT SITES OR GRAMATHANA SITES, WHICH ARE IRREGULAR OR ILLEGAL HAS BEEN COMPLETELY STOPPED.  

BUT ALL THE LEGITIMATE E-KATHA PROPERTIES AND GENUINE GRAMATHANA SITES OR PROPERTIES WITH GENUINE (NEW - E FORMS- FORM NO.9 AND FORM NO.11)CAN BE REGISTERED.

THE PROPERTIES WHICH ARE REGISTERED PRECEDING THE RDPR CIRCULAR/NOTIFICATION/ORDER (WHICH ARE ILLEGAL AND IRREGULAR) MAY NOT GET THE KATHA.


Lieutenant Commander Kapish Muwal and Lieutenant Manoranjan Kumar - died saving their colleagues



We offer our heartfelt Condolences to the families of our naval officers Lieutenant Commander Kapish Muwal and Lieutenant Manoranjan Kumar, who are no more with us.

Two naval officers Lieutenant Commander Kapish Muwal, 32, and Lieutenant Manoranjan Kumar, 30, were found dead, whose bodies were found inside the submarine INS Sindhuratna on Thursday, it is said that they died saving other sailors after a fire broke out in the vessel late on Wednesday morning. 

Survivors say the two officers pushed their comrades out of the compartments and were checking to see whether anyone was left when a hatch closed, trapping them inside. Seven injured sailors are recovering in hospital.

The INS Sindhuratna, a Soviet-built Kilo class vessel, was commissioned in 1988 and was on sea trials for the last time and the fire broke out killing two officers.






Wednesday, February 26, 2014

BITCOIN EXCHANGE GONE BUST!




A major Bitcoin exchange based in Japan has gone bust after secretly racking up catastrophic losses, a potentially fatal blow for the exotic new form of money.

Monday, February 24, 2014

DANGER LURKING AT THE DEFENSE LAB AT BANGALORE!!


HIGH COURT OF KARNATAKA DIRECTED BBMP TO EXAMINE THE APPROVAL FOR BUILDING PLAN ACCORDED BY IT TO PURVA SEASONS APARTMENT WHICH IS POSING A SERIOUS THREAT TO THE NATIONS RESEARCH LAB!!
 
The Karnataka High Court on Monday directed the Bruhat Bangalore Mahanagara Palike (BBMP) to re-examine issues related to the construction of a 16-storey apartment complex by Puravankara Projects Ltd. near the Defence Research and Development Organisation (DRDO) campus at C.V. Raman Nagar.
The court told the BBMP to look into every complaint by DRDO related to alleged violation of laws in the grant of approval for the building plans in 2007 and 2011 for construction of 660 flats at ‘Purva Seasons’, adjacent to the Centre for Artificial Intelligence and Robotics (CAIR). The BBMP has been specifically directed to re-examine whether Puravankara had the title deed of the land when the plan was sanctioned. The court’s direction to Puravankara not to aerially encroach upon the defence land during construction by using cranes stays.

DRDO can approach the Supreme Court on the issue of keeping the land on which the project is coming up free of construction under Section 3 of the Works of Defence Act, 1903. It is also noticed that apart from this project, there are many other encroachers who are named by the vigiliant group, have also constructed and let out the commercial and office complex to leading software companies. Apart from these builders, there are large number of apartments in and around the defense establishment, that have more than 100% to 200% deviation and violation.

Friday, February 21, 2014

RBI CIRCULAR ON KNOW YOUR CUSTOMER



RBI/2013-14/497
UBD.BPD (PCB) Cir.No.48 /14.01.062/2013-14 February 18, 2014
The Chief Executive Officer
All Primary (Urban) Co-operative Banks.
Madam / Dear Sir,
Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 – Amendment to Section 13(2) – Primary (Urban) Cooperative Banks (UCBs)
Please refer to our Master Circular UBD.BPD. (PCB).MC.No.16/12.05.001/2013-14 dated July 1, 2013 on Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under PMLA, 2002.
2. With the enactment of Prevention of Money Laundering (Amendment) Act, 2012 and amendment to Section 13 of the Act which provides for “Powers of Director to impose fine”, the section 13 (2) now reads as under:
“If the Director, in the course of any inquiry, finds that a reporting entity or its designated director on the Board or any of its employees has failed to comply with the obligations under this Chapter, then, without prejudice to any other action that may be taken under any other provisions of this Act, he may —
(a) issue a warning in writing; or
(b) direct such reporting entity or its designated director on the Board or any of its employees, to comply with specific instructions; or - 2 -
(c) direct such reporting entity or its designated director on the Board or any of its employees, to send reports at such interval as may be prescribed on the measures it is taking; or
(d) by an order, levy a fine on such reporting entity or its designated director on the Board or any of its employees, which shall not be less than ten thousand rupees but may extend to one lakh rupees for each failure.”
3. In view of the above amendment, UCBs may nominate a Director on their Boards as “designated Director” to ensure compliance with the obligations under the Prevention of Money Laundering (Amendment) Act, 2012.
Yours faithfully,
(A.K. Bera)
Principal Chief General Manager


BBMP-Planning to regularise(convert) B Katha to A Katha

The BBMP has sent a proposal to the State Government of Karnataka to regularise (convert) B katha properties (vacant properties-without an...