By way of judgement dated 29 May 2020, the Hon'ble National Company Law Appellate Tribunal ("NCLAT") has dismissed an appeal against order dated 28 November 2017 passed by the...

The Ministry of Finance notified Foreign Exchange (Compounding Proceedings) Rules, 2024 ("Rules") on September 12, 2024

The petitioner in this case titled Anand Chauhan vs. Directorate of Enforcement http://lobis.nic.in/ddir/dhc/VSA/judgement/10-04-2017/VSA10042017BA22412016.pdf / MANU/DE/0928/2017.

The Minimum Wages Act, 1948 (the Minimum Wages Act) provides for fixing of minimum rates of wages in certain employments.

The Hon'ble High Court of Delhi ("DHC") has in its judgement dated October 22, 2020 ("Judgement") in the matter of Sanjiv Prakash v. Seema Kukreja and Others [ARB. Pet. 4/2020]

In a significant ruling, the Hon'ble Supreme Court in BGM And M-RPL-JMCT (JV) v. Eastern Coalfields Limited, 2025 INSC 874, clarified that a clause stating redressal of the dispute may be sought through arbitration is not a valid arbitration agreement under Section 7 of the Arbitration and Conciliation Act, 1996.

As a result the quoted rates for Railway Signalling Cables were higher in comparison to the prevailing market rates.

Where only one Court has jurisdiction it is said to have exclusive jurisdiction; where more courts than one have jurisdiction over a subject-matter, they are called courts of available or natural jurisdiction.

The Delhi Bench of Income tax Appellate Tribunal, in its recent ruling, allowed the appeal of the foreign company thereby rejecting the allegation of tax authorities on the issue of constitution of Permanent establishment in India, which will have significant bearing on the tax positions taken by multinational companies having subsidiaries in India.

The fact is that the amended provisions of the PML Act, as amended by the Prevention of Money Laundering (Amendment) Act, 2009, came into operation on the appointed date, that is, June 1, 2009.

Indian copyright law is at parity with the international standards as contained in TRIPS.

India has well defined substantive and procedural laws along with a well-established system of judicial enforcement of rights.

The Commission, accordingly, decided that no case of bid rigging is made out in the said tender.

The amendment was proposed to bring down this to 5% with strong caveats.

The National Company Law Appellate Tribunal ("NCLAT"), vide judgment dated 12.03.2020, has upheld the order dated 08.08.2018 passed by the Competition Commission of India.

The Authorities cannot bypass the legislative intent using the tool of arbitrary discretion and need to abide by the legislative wisdom behind a particular provision.

Following are the pre-requisites for a valid provisional attachment order under PMLA:-

The Competition Commission of India (CCI) vide order dated 12.09.2017 has dismissed allegations of cartelization against the Air Cargo Agents Association of India.

The Competition Act, 2002 mandates the Competition Commission of India ("CCI") to regulate large sized mergers and acquisitions beyond high value thresholds...

In the July edition of our monthly newsletter "Legalaxy", our team analyses some of the key developments in securities market, banking and finance, corporate affairs, labour and consumer affairs.