Statutory Mechanism

Asserting that there is no statutory vacuum, the central government has told the Supreme Court there exists a robust mechanism for regulation of the content of private television channels.

The Centre has amended the Cable Television Network Rules to provide for a statutory mechanism for the redressal of complaints relating to content broadcast by the television channels.

The High Court had asked earlier if there is any statutory mechanism to regulate the content broadcast by electronic media.

The government has taken "one step forward" to resolve the retrospective tax cases by putting in place a statutory mechanism for ending such disputes, Finance Minister Arun Jaitley said on Wednesday.

CBI today blamed "collective failure" of regulatory oversight mechanism, including statutory auditors, for the rise in corporate frauds in recent years involving a sum of Rs 29,000 crore.

Asserting that there is no statutory vacuum, the central government has told the Supreme Court there exists a robust mechanism for regulation of the content of private television channels.

The Centre has amended the Cable Television Network Rules to provide for a statutory mechanism for the redressal of complaints relating to content broadcast by the television channels.

The High Court had asked earlier if there is any statutory mechanism to regulate the content broadcast by electronic media.

The government has taken "one step forward" to resolve the retrospective tax cases by putting in place a statutory mechanism for ending such disputes, Finance Minister Arun Jaitley said on Wednesday.

CBI today blamed "collective failure" of regulatory oversight mechanism, including statutory auditors, for the rise in corporate frauds in recent years involving a sum of Rs 29,000 crore.