News
Banking mergers to face scrutiny of two regulators
20 十二月 2012
Bank M&As may have to obtain clearance both from the Competition Commission of India (CCI) and Reserve Bank of India (RBI) according to recent reports.
Govt. to press CTRL button on foreign investment
20 十二月 2012
The Finance Ministry had recently suggested the Department of Industrial Policy and Promotion (DIPP), the nodal agency for foreign direct investment in India to amend the definition of ‘control’.
Scope of ECBs set to widen
20 十二月 2012
The Indian Government is all set to widen the scope of External Commercial Borrowings (ECB) by changing the definition of ‘infrastructure’, as approved by the Cabinet committee on infrastructure.
Service quality benchmarks for wireless data services
20 十二月 2012
The Telecom Regulatory Authority of India (TRAI) has released “The Standards of Quality of Service for Wireless Data Services Regulations, 2012”.
Appointment of arbitrators – Procedures cannot be bifurcated
23 十一月 2012
The Supreme Court has held that the procedure followed by the Calcutta High Court in considering applications for appointment of arbitrator(s) under Section 11 of the Arbitration and Conciliation Act, 1996 in a piecemeal manner is legally impermissible.
Budget 2015 – Tax rates enhanced but procedures relaxed
01 一月 0001
28 February 2015 Rate of Central Excise duty, which is levied on goods manufactured in India, have been revised upwards for several items. In its first full Budget presentation since taking office in June last year, the Finance Minister has today (28-2-2015) enhanced the rates of Central Excise
Yoga sequence – not moving towards copyright
01 一月 0001
While copyright may have less to do with appealing to the eye and beauty of movements etc, a ‘static and kinetic successions of bodily movement’ may be subject to copyright.
Equity shares to non-resident entity against pre-incorporation expenses
01 一月 0001
The Reserve Bank of India (‘RBI’) by its Notification dated October 24, 2016, has amended the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 (‘Regulations’).
White Paper Of The Committee Of Experts On A Data Protection Framework For India
01 一月 0001
The Government of India constituted a Committee of Experts on July 31st, 2017 under the Chairmanship of former Supreme Court justice B.N. Srikrishna with the objective to identify and study the key issues relating to data protection in India and make specific suggestions on principles to be considered for data protection in India and suggest a draft Data Protection Bill.
Trademark – Section 124 applicable to stay infringement suit and not suit for passing-off
01 一月 0001
Observing that the defendant had never abandoned the plea of invalidity and had filed the rectification proceedings within three months before IPAB, Delhi High Court has stayed the suit for infringement of trademark, under Section 124 of the Trademarks Act, 1999.