News
Land Developer Scheme linking returns to land value appreciation is a ‘Collective Investment Scheme'
17 十二月 2014
SEBI has held that fund mobilizing activity of a company under the garb of real estate business for sale/purchase, development and maintenance of agricultural land is covered within the parameters of ‘collective investment scheme’ as defined in Section 11AA of the SEBI Act, 1992.
WTO upholds major claims of India in steel dispute appeal
11 十二月 2014
India achieved a significant victory at the WTO on December 8, 2014, as the Appellate Body has held that the Countervailing Duty (CVD) measures imposed by the United States against certain Hot Rolled Carbon Steel Flat Products are inconsistent with the provisions of the Agreement on Subsidies and Countervailing Measures (ASCM) of the WTO.
FDI Policy relaxed for construction sector
06 十一月 2014
The Indian Government has approved amendments to Foreign Direct Investment Policy (FDI) relating to Construction Development Sector.
WTO releases World Trade Report
06 十一月 2014
The recently released World Trade Report traces the growth of world trade through the world war eras and varying perceptions to protectionism and identifies four main trends which are of current importance -the rise of new economic powers, the spread of global value chains, the growing importance of commodities trade, and the deepening integration and volatility of the world economy.
Patent application when not deemed as abandoned
20 十月 2014
Delhi High Court has held that where the applicant of the patent application had responded to the first as well as the second examination report, the application cannot be stated to be abandoned.
Trademark – Delay in action against alleged passing off is fatal
20 十月 2014
A proprietor of the trade mark who knowingly watches his competitor grow in the market and takes no action can claim no exclusivity in his own trade mark.
Amendment to trademark application is quasi-judicial function
20 十月 2014
Examining whether the function of the Registrar of Trademarks while deciding on amendments to application for trademark is purely administrative or quasi-judicial, the High Court of Delhi held that powers vested in the Registrar by Section 22 of the Trade Marks Act, 1999 were quasi-judicial.
Issue of shares at premium not an international transaction
12 十月 2014
To apply provisions of Chapter X of the Income Tax Act, 1961 (the Act), there must be some income chargeable to tax arising from an international transaction.
Pre-deposit provisions in Excise, Customs & Service tax laws clarified
16 九月 2014
Central Board of Excise & Customs (CBEC) has clarified today some of the provisions relating to mandatory pre-deposit for filing appeals and refund thereof in case of favorable order, which were brought into force from 6-8-2014 by Finance (No. 2) Act, 2014.
Competition law – Requirement of notice when directing ‘further’ investigation
16 九月 2014
Notice before directing further investigation under Section 26(7) of the Competition Act is not required to be given to the person against whom information was provided.