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Mohan Singh's descendents file petition for execution of will

New Delhi, May 22 (UNI) The descendents of the founder of Ranbaxy Group of Industries Dr Bhai Mohan Singh have filed a petition in the District Courts seeking execution of the will he had signed before his death on March 27, 2006.

The probate is filed in the Tis Hazari District Courts by his son Bhai Analjit Singh for the execution of the will signed by Dr Singh on August 24, 2006 and registered on November 18, 2006 with the Registrar of Assurances III in the Capital.

The movable and immovable property and assets would be divided among Mrs Nimmi Parvinder Singh (widow of predeceased son), Malvinder, Shivinder (both sons of predeceased son), Bhai Manjit Singh (son) and Bhai Analjit Singh (son).

The will was signed in the presence of two independent witnesses and the incident was photographed for authenticity, said the petition filed by K R Chawla and Co, a legal firm.

UNI PAT SHB KN2044

Total value of commodity futures at Rs 21.34 lakh crore, up by 274%

New Delhi, May 22 (UNI) The total value of commodity futures trade for the year 2005-06 was Rs 21.34 lakh crore as compared to Rs 5.71 lakh crore during the previous year with an increase of 274 per cent. The volume of trade has also gone up to 6685 lakh tonnes during the current fiscal as comapred to 1942.1 lakh tonnes during last year, an increase of 244 per cent, said, a PIB release here today......

Govt proposes amendments in Forward Contracts (Regulation) Act 1952

New Delhi, May 22 (UNI) In order to include some new features in tune with the latest developments in the commodity futures market, the Department of Consumer Affairs has proposed amendments in the Forward Contracts (Regulation) Act, 1952. The commodity futures market is regulated under the provisions of the Forward Contracts (Regulation) Act, 1952. The commodity futures trade registered a 274 per cent growth by touching Rs 21.34 lakh crore in 2005-06 as against.....

One dies after being buried under mound of earth

New Delhi, May 22 (UNI) A labourer died after being buried under a mound of earth at a construction site in Rohini in North Delhi this afternoon. Two other labourers who were also buried under the mound of earth, opposite the Rohini Metro station, suffered minor injuries, fire brigade sources said. While one of the injured was admitted to the Babu Jagjivan Ram hospital, another was admitted to a nirsing home in Ashok Vihar, they said. UNI.....
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