ArticleArbitration Weekly Update - Imax Corporation v. E-City Entertainment & Others On the other hand, the Petitioner argued that the limitation period should be the same as for execution of a decree, i.e. twelve years.IndiaLitigation, Mediation & ArbitrationEconomic Laws Practice
ArticleELP – Arbitration Weekly Update – BGS SGS Soma JV V. NHPC LtdThis week, we take a look at a very significant decision of the Supreme (SC) in BGS SGS Soma JV v. NHPC Ltd.This case was centered around an arbitration clause which, inter aliaIndiaLitigation, Mediation & ArbitrationEconomic Laws Practice
ArticleWho Is Liable For Car Theft From A Hotel Parking Lot? A Lesson For The Service IndustryThe Supreme Court of India, recently decided on a contentious matter of a hotel guests' car being stolen from the premises of the hotel. IndiaMedia, Telecoms, IT, EntertainmentEconomic Laws Practice
ArticleSAT Emphasizes On Need For Fair Procedure To Levy Penalties By ExchangeThe Hon'ble Securities Appellate Tribunal passed an order on November 06, 2023, in the matter of Choice Equity Broking Private Limited v. Multi Commodity Exchange of India Limited[Appeal No. 818 of 2023] ...IndiaFinance and BankingEconomic Laws Practice
ArticleTaxation In India: Curated Views"The best things in life are free, but sooner or later the government will find a way to tax them". Industry is constantly on guard with regards to the government's evolving tax policies. IndiaTaxEconomic Laws Practice
ArticleCompetition Law & Policy Update – Quarter 4 Of 2019We are pleased to share with you the latest edition of our Competition Law update, where we cover some of the significant legal, regulatory and policy developments in India's competition regime overIndiaAntitrust/Competition LawEconomic Laws Practice
ArticleKey Changes In India's Coporate Laws (April 1, 2022 – November 30, 2022)India's regulatory regime in the corporate sector has been witnessing swift changes. IndiaCorporate/Commercial LawEconomic Laws Practice
ArticleELP – Infrastructure And Energy Digest – December 2019We are pleased to bring you the Infrastructure and Energy Digest for the month of December 2019, covering decisions and regulatory amendments of the previous month that impact the infrastructure and energy sectors in India.IndiaEnergy and Natural ResourcesEconomic Laws Practice
ArticleBudget Buzz: LitigationThe Finance Minister, in her budget speech has proclaimed the beginning of the next phase -"Ease of Doing Business 2.0". IndiaLitigation, Mediation & ArbitrationEconomic Laws Practice
ArticleMetaverse – Are The Indian Laws Ready?In just over three decades of the world wide web's existence, over half of the world is now online; with the recent pandemic only augmenting it multifold. IndiaTaxEconomic Laws Practice
ArticleSupreme Court (SC) Stays Bombay High Court's (HC) Decision For The Coastal Road ProjectThe matter still pending before the SC and is now to be heard on April 4, 2019. IndiaTransportEconomic Laws Practice
ArticleInfrastructure And Energy Digest - Overview Of Legal And Regulatory Developments – February 2022In this month's newsletter, we have analyzed key announcements for the infrastructure sector in this year's budget and their consequent impact on the sector.IndiaEnergy and Natural ResourcesEconomic Laws Practice
ArticleBudget Buzz: Tax Incentives To International Financial Services Centre (IFSC)Section 10(4E) of the Income-tax Act, 1961 provides for tax exemption on income accruing or arising to or received by a non-resident as a result of transfer of non-deliverable forward contracts entered into with ...IndiaFinance and BankingEconomic Laws Practice
ArticleDRI's Power To Issue Show Cause NoticesThe Finance Bill, 2022 has sought to overcome the ruling of the Supreme Court in the case of Canon India Vs Commissioner of Customs [2021-TIOL-123-SC-CUS-LB] whereby it was held that DRI official(s) were not a "proper officer" ...IndiaFinance and BankingEconomic Laws Practice
ArticleBudget Bulletin - Real EstateThe FM while presenting the Interim Budget 2024 has stated that there has been a continuous implementation of the PM Awas Yojana (Grameen) and that the Government is close...IndiaReal Estate and ConstructionEconomic Laws Practice
ArticleDeductibility Of Cesses And SurchargesThe Finance Bill 2022 has clarified that tax shall include and deemed to have always included any surcharge or cess, by whatever name called, on such tax.IndiaTaxEconomic Laws Practice
ArticleGhar Wapsi – Reverse Flipping For Indian Startups: Expectations From Union Budget 2024The Indian startup ecosystem is undergoing a significant transformation, with reverse flipping gaining prominence. The Economic Survey 2022-23 highlighted favorable conditions for startups to relocate to India, supported by government initiatives. IndiaTaxEconomic Laws Practice
ArticleGift Of Brand To Corpus Of A Private Irrevocable Trust Is A Non-taxable Capital ReceiptThe taxpayer is a private discretionary trust, which was settled for the exclusive benefit of the members of the promoter family. IndiaTaxEconomic Laws Practice
ArticleConsolidation Of State Labour Laws Into One Or Two Codes In Uttar PradeshThe subject of Labour, as per the Indian Constitution falls under the Concurrent list, which means both, Union as well as the States have the power to make laws in relation to the same. IndiaEmployment and HREconomic Laws Practice
ArticleFramework For Placing Long Term Orders For Indigenization By Defence PSUs And OFBFurther to the previously notified ‘Policy for indigenization of components and spares used in defence platforms for DPSUs/ OFBs', the Department of Defence Production (DDP)IndiaGovernment, Public SectorEconomic Laws Practice