News
Form of participation in another enterprise to be satisfied to deem two entities as AEs
25 一月 2017
The assessee is engaged in the business of manufacture and sale of polished diamonds. The assessee entered into an international transaction with a Belgian Entity by name Blue Gems BVBA.
Setoff of unabsorbed depreciation – ‘year’ mentioned in s.72A not means previous year
25 一月 2017
The assessee (amalgamated Company) amalgamated with a Company by name SKUPL (amalgamating Company) as per the order of the Calcutta High Court in 2004.
Trademarks – Delhi HC grants interim injunction for use of mark ‘Aqua’ for mobile phones
25 一月 2017
A Single Judge of the High Court of Delhi on 24-12-2016 has granted interim injunction in favour of the plaintiff observing that they had established a strong prima facie case for priority showing prior use and goodwill in the mark ‘Aqua’ in relation to mobile phones.
Trademarks - Permitted user cannot institute an infringement suit
25 一月 2017
A Division Bench of the Delhi High Court on 4-1-2017 has set aside the decision of the Single Judge and returned the plaint on the grounds that the Plaintiff No.
Copyright infringement – Liability of an online intermediary
25 一月 2017
A Division Bench of the Delhi High Court on 23-12-2016 has reversed a decision of the Single Judge on the issue of liability of an intermediary in copyright infringement.
UK moves on with Intellectual Property (Unjustified Threats) Bill
25 一月 2017
The Intellectual Property (Unjustified Threats) Bill introduced in May 2016, passed the stage of Second Reading earlier this month.
Central Excise & Customs Tariffs amended from 1-1-2017
17 一月 2017
Both Central Excise Tariff Act, 1985 and Customs Tariff Act, 1975 have been amended with effect from 1-1-2017.
Insolvency and Bankruptcy Regulations notified
06 一月 2017
The Insolvency and Bankruptcy Board of India (IBBI) has notified Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 and Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
Companies (Transfer of Pending Proceedings) Rules, 2016 notified
06 一月 2017
The National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal were established in June 2016 to adjudicate upon company law matters in India.
Central legislation shall have precedence over State legislation – Supreme Court rulings on SARFAESI Act
06 一月 2017
The Supreme Court of India has held that provision of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) shall have precedence over State legislation.