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  • Article

    CCI Penalises Jalgaon District Medicine Dealers Association And Its Office Bearers For The Imposition Of PIS Charges On Pharmaceutical Companies

    On June 20, 2019, CCI penalised Jalgaon District Medicine Dealers Association (‘JDMDA') as well as its office bearers, i.e., the President and Secretary of JDMDA
    IndiaFood, Drugs, Healthcare, Life Sciences
    AZB & Partners
    AZB & Partners
  • Article

    Change Of Opinion – When Inapplicable??

    The Supreme Court has clarified when the doctrine of 'change of opinion' applies in tax reassessment proceedings, examining whether mere production of documents satisfies the requirement of full and true disclosure.
    IndiaTax
    AZB & Partners
    AZB & Partners
  • Article

    CCI Approved Acquisition Of Certain Subsidiaries Of Mytrah Energy (India) Private Limited By JSW Neo Energy Limited

    On 29 September, 2022 the CCI approved the 100% acquisition of certain subsidiaries of Mytrah Energy (India) Private Limited namely, Mytrah Vayu Urja Private Limited, Bindu Vayu Urja Private Limited...
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    CCI Dismisses Allegations Against National Insurance Company Limited & Others

    On September 13, 2022, pursuant to a complaint filed by "Dr. Supratik Sanatani and Dr. Paromita Sanatani (‘Informants'), the CCI dismissed allegations of cartelization and abuse of dominant position...
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    CCI Orders Detailed Investigation On MakeMyTrip, Ibibo Group And Oravel Stays

    On October 28, 2019, the CCI issued a prima facie order to conduct detailed investigation against online travel agents (‘OTAs') – MakeMyTrip India Pvt. Ltd. (‘MMT') and Ibibo Group Private...
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    CCI Penalises Trian Partners AM Holdco Ltd. And Trian Fund Management L.P. For Gun Jumping

    On September 30, 2022, the CCI penalised Trian Partners AM Holdco, Ltd. (‘Trian Holdco') and Trian Fund Management, L.P. (‘Trian Fund') (collectively referred to as ‘Acquirers')...
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    Delhi High Court Affirms Validity Of The CCI Order Passed Without The Presence Of A Judicial Member

    On July 17, 2019, DHC upheld the order passed by CCI in Nagrik Chetna Manch v. SAAR IT Resources Private Limited and Ors.
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    Significance Of CSI In Indian Merger Control

    Commercially sensitive information (CSI) has long been important in antitrust proceedings
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    The Intent Dilemma In Hub And Spoke Offences

    Hub and spoke cartels or H&S arrangements consist of a common intermediary indirectly enabling the co-ordination of competitors.
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    Fast Track Mergers – A Step Forward

    The Ministry of Corporate Affairs vide notification dated May 15, 2023 ("Amendment") has made certain amendments to Rule 25 of the Companies...
    IndiaCorporate/Commercial Law
    AZB & Partners
    AZB & Partners
  • Article

    NCLAT Dismisses Appeal Filed Challenging The Shell-BG Combination

    On July 2, 2019, the National Company Law Appellate Tribunal (‘NCLAT') dismissed an appeal filed by Mr. Piyush Joshi (‘Appellant'), a third party alleging CCI's inaction on the information
    IndiaCorporate/Commercial Law
    AZB & Partners
    AZB & Partners
  • Article

    Relaxation In Timelines For Disclosure Of Material Changes By Foreign Portfolio Investors

    Prior to March 15, 2023, a foreign portfolio investor ("FPI") was required to 'forthwith' inform the Securities and Exchange Board of India ("SEBI") and its designated depository participant ("DDP")...
    IndiaCorporate/Commercial Law
    AZB & Partners
    AZB & Partners
  • Article

    Supreme Court Rulings On Provident Fund Contribution

    The Employees' Provident Fund and Miscellaneous Provisions Act, 1952 ("EPF Act") as we all know, has been enacted to provide retirement benefits to the employees eligible to receive
    IndiaEmployment and HR
    AZB & Partners
    AZB & Partners
  • Article

    Electronic Trading Platforms For RBI Regulated instruments

    The ETP Directions apply to "entities" (defined as an agency formed as a company and incorporated under Indian company law)
    IndiaFinance and Banking
    AZB & Partners
    AZB & Partners
  • Article

    RBI Directive – Relaxation Of The AFA Requirement For Recurring Transactions

    Over the past decade, the Reserve Bank of India has put in place various safety and security measures for card payments, including introduction of the additional factor of authentication for card-not-present transactions.
    IndiaFinance and Banking
    AZB & Partners
    AZB & Partners
  • Article

    JSW-BPSL Saga: Let It Be Or Let It Go

    Our article discusses the recent Supreme Court judgment in the matter of JSW's Steel acquisition of Bhushan Power and Steel Limited which has delivered a significant setback to the Insolvency and Bankruptcy Code, and raised systemic concerns.
    IndiaInsolvency/Bankruptcy/Re-Structuring
    AZB & Partners
    AZB & Partners
  • Article

    CCI Dismisses Complaint Against New Gurgaon Real Estate Developer

    On October 3, 2019, the CCI dismissed allegations of violations of Sections 3 and 4 of CA02 against Vatika Limited (‘Vatika'), filed by Mr. Suresh Chander Gupta...
    IndiaReal Estate and Construction
    AZB & Partners
    AZB & Partners
  • Article

    No Footprint, No PE: Delhi HC's Recent Ruling On Virtual Service PE Under India-Singapore DTAA

    In today's fast-paced world, where virtual work arrangements are increasingly common, tax authorities are seeking...
    IndiaTax
    AZB & Partners
    AZB & Partners
  • Article

    CCI Directs Probe Into The Conduct Of Intel Corporation And Intel Technology India Private Limited

    On August 9, 2019, CCI directed the Director General to investigate into the allegations by Matrix Info Systems Private Limited.
    IndiaAntitrust/Competition Law
    AZB & Partners
    AZB & Partners
  • Article

    Temporary Lull Not Cessation Of Business – Rules Supreme Court!

    Business profits of a non-resident can be taxed in India owing to existence of a business connection of such non-resident in India as per the provisions of the Income-tax Act...
    IndiaTax
    AZB & Partners
    AZB & Partners

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