2,050 results found

On 14 October 2019, the Government of Andhra Pradesh notified and brought into effect the Andhra Pradesh Employment of Local Candidates in the Industries / Factories Rules, 2019 (Rules) framed under ...

In a significant development, a Division Bench of Hon'ble Punjab and Haryana High Court, through its common judgment and order dated 17 November 2023 in a group of nine petitions reported as IMT Industrial Association and Another v State of Haryana and Another, ...

The Ministry of Finance on 17 October 2019, released the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 (NDI Rules) in supersession of the Foreign Exchange Management ...

In the backdrop of the Indian Rupee (INR) continuously depreciating against the US dollar (USD), the Reserve Bank of India (RBI) on 6 July 2022, issued a press release on ‘Liberalisation of Forex Flows...

Although discussions took place with four resolution applicants, no resolution plan was approved by the CoC within the mandated CIRP period of 270 days ending 12.05.2018.

On 19 June 2020, the Controller General of Patents, Designs and Trade Marks (Respondent) issued a Public Notice (Recent Notice) to the effect that the deadlines for various acts/proceedings...

A three judge bench of the Hon'ble Bombay High Court has held that orders in case of a scheme of arrangement under Section 391 to 394 of the Companies Act, 1956 involving different High Courts in multiple states, are separate instruments in themselves.

The Delhi High Court (Court) pronounced its judgment in Union of India v. Vodafone Group PLC United Kingdom & Anr. dismissing Union of India's (Plaintiff) prayer.

In the recent case of Garg Builders v Bharat Heavy Electricals Limited [Civil Appeal No. 6261 of 2021], a two-judge bench of the Supreme Court of India (Supreme Court) held that an arbitrator cannot...

On 7 November 2024, the Competition Commission of India (CCI) released proposed amendments to the Competition Commission of India (Manner of Recovery of Monetary Penalty) Regulations...

Being one of the three chartered High Courts in the country, the Bombay High Court has original jurisdiction to try suits of a civil nature arising within Greater Bombay i.e., Mumbai district.

The Arbitration and Conciliation (Amendment) Act, 2015 (Amendment Act) was notified in the Official Gazette on 1 January 2016.

On 27 May 2021, Advertising Standards Council of India (ASCI) released the final ‘Guidelines For Influencer Advertising In Digital Media' (Guidelines) which would have to be complied...

The BHC has recently rendered a split verdict in a batch of writ petitions challenging the constitutional validity of Rule 3(i) (II)(A) and (C) of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules 2023 ...

On 28 August 2024, the Ministry of Communications published the draft Temporary Suspension of Telecommunication Services Rules, 2024 (Rules).

In the case of CIT v Clifford Chance Pte Ltd, ITA 353-354/2025, a Division Bench of the High Court of Delhi (High Court) delivered a significant ruling rejecting the theory of virtual presence and held that fees received from India clients by an international law firm is not taxable in India.

In a welcome move, the apex tax administration body in India, the Central Board of Direct Taxes (CBDT) has clarified vide Circular No. 1 of 2025 (Circular) that (i) the ‘Principal Purpose Test' (PPT)...

In Fireeye Ireland Ltd v ACIT, the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) allowed the benefit of the capital gains tax exemption to an Irish tax resident on sale of shares of a US LLC deriving substantial value from India, a transaction commonly referred to as an ‘indirect transfer’. While allowing such exemption, the ITAT relied on Article 13(6) of the India-Ireland Double Taxation Avoidance Agreement (DTAA) which provides that income arising from the alienation of assets is taxable only in the state of which the seller is a resident.