SC Stays Ban on Lafarge Mining:

The supreme Court declined to lift the Ban on Limestone mining by French Cement significant Lafrage in the Ecological Sensitivity, Meghalaya forests. The Limestone mined in the meant for Lafrage’s cement plant in Bangladesh. Refusing to eliminate its remain order on Lafrage’s Mining activities, a forest Bench headed by Chief Justice of INDIA K.G. Balakrishnan siad, ” Till the tme essential reports are Submited by the Ministry of Environment and Forests, we are not inclined to accept the report of MOEF and permit the mining”. Earlier MOEF had submited an affidavit stating that it had given forest and environment clearance with the rider that Lafrage must carry on certain measures for the welfare of the Individuals, mostly tribals, by depositing Rs.100 Crore in a special Purpose Vehicle.

Take Norms Eased:

The RBI created it Less difficult for securisation or Reconstruction companies to impact Change in or take over the management of the Enterprise of a Borrower to assist them realise Dues The Central Bank said tat Changing or taking over the Borrower should be completed by the SC / Rc only after the proposal of examined by an independent Advisory committee of Profesionals having a technical, finanace and Legal Background.

Draft Copyrigt Billing:

The Unio Government introduced the copyright Amendment Bill, 2010, in the Rajya Sabha that sought to amend the Copyright Act, 1957. The Bill, the most comprehensive attempt to amend the 1957 Act, would have far-reaching implications for the music and the film industry, as it sought to give independent rights to lyricists, composers and the singers as the authors of literary and musical works in Films. Once the Bill is enacted, authors, particularly lyrisctics, wil get royalaties and other Benifits from the commericial Exploitation of their function. Under the present Copyright regime, the right to receive royalty was vested with the Music Firms and Producers.