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  • Article

    Registration Under Section 12AA Of The IT Act – Proviso To Section 2(15) Has No Bearing On The Grant Or Denial Of Registration

    In that case, the assessee trust, incorporated under Punjab Town Improvement Act, 1922, filed application seeking registration under Section 12AA of the Act, which was rejected by CIT.
    IndiaTax
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    India Business Guide - Start-Up To Set-Up (2021)

    The year 2020 has seen an unprecedented pandemic that has impacted the global economy.
    IndiaStrategy
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    (Indian) Industrial Disputes Act, 1947

    The Industrial Disputes Act, 1947 (the "ID Act") has been enacted for the investigation and settlement of industrial disputes in any industrial establishment.
    IndiaEmployment and HR
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    Punishment For Offenses Under AML Of India (Prevention Of Money Laundering Act, 2002 [PMLA])

    In certain cases, the offences under Narcotic Drugs and Psychotropic Substances Act, 1985 are punishable with rigorous imprisonment up to 10 years.
    IndiaGovernment, Public Sector
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    Registration, Cancellation & Enforcement of Designs

    Design of an article is not registrable in India,
    IndiaIntellectual Property
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    Indirect Tax Alert - July 2016

    The Central Government has granted relief to assesses plagued by the recovery methods adopted by the tax authorities vide CBEC Circular No. 1035/23/2016-CX dated July 4, 2016.
    IndiaTax
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    Plant Varieties Law In India- Everything You Must Know

    India, having ratified the TRIPS and in order to give effect to it, have enacted the Protection of Plant Varieties and Farmer's Rights Act, 2001 (the "Plant Act") (based on the recommendations...
    IndiaReal Estate and Construction
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    Arbitration And Conciliation Act 1996: Recent Supreme Court Ruling On Applicability Of Part 1 On ‘Foreign Commercial Arbitration)

    The Part I of the Arbitration Act is applicable only to all the arbitrations which take place in the territory of India.
    IndiaLitigation, Mediation & Arbitration
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    Validity Of Section 45 Of The PMLA: Effect Of Pendency Of SLP In The Supreme Court Of India

    In this case of Madanlal Manekchand Jain Vs. State of Gujarat and Ors. [Criminal Misc. Application (For Regular Bail) No. 22552 of 2015], the validity of Section 45 of the PML Act...
    IndiaGovernment, Public Sector
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    Competition Appellate Tribunal Sets Aside The Order Of Competition Commission Of India Against Cement Cartel

    Interestingly, this order has been passed by COMPAT on a procedural violation and not on merits.
    IndiaAntitrust/Competition Law
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    COMPAT Sets Aside CCI Order Penalizing Jute Mills Association For Alleged Cartelization For Packaging Material For Sugar, Etc.

    COMPAT by its order dated July 1, 2016 has over-ruled the order of CCI wherein the Indian Jute Mils Association and Gunny Trade Association were penalized for alleged cartelization in pricing of jute bags.
    IndiaAntitrust/Competition Law
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    COMPAT Upholds Order Of CCI Closing Bid-Rigging Case Against Railway Suppliers Of Axle Mounted Disk Braking System (ADBMS)

    COMPAT by its order dated February 17, 2016 has upheld the order of CCI closing the case for bid-rigging for supply of Axle Mounted Disk Braking System (ADBMS) to Indian Railways.
    IndiaAntitrust/Competition Law
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    Competition Commission Of India Delivers Its First RPM Decision

    The Competition Commission of India has imposed a penalty on Hyundai Motors India Limited for Resale Price Maintenance. This has been the Country's first ever penalty for RPM.
    IndiaAntitrust/Competition Law
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    CBI/ Police Cannot Ask To Furnish Demand Draft Or Deposit Money Under Section 91 Of The Code Of Criminal Procedure, 1973

    In a significant ruling, the Hon'ble Delhi High Court in Exclusive Motors Pvt. Ltd. v. Central Bureau of Investigation & Ors., 2025:DHC:5662, ruled that investigating agencies cannot compel private parties to deposit money under Section 91 of the Code of Criminal Procedure, 1973 (CrPC).
    IndiaCriminal Law
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    E-Nomination Facility Of EPFO- A Step Towards E-Governance And Transparency!

    Employees' Provident Fund Organization has circulated a circular on it web-portal in relation to e-Nomination facility for its members.
    IndiaEmployment and HR
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    Freezing Of Bank Account On Mere Suspicion Cannot Sustain — "Reasons To Believe" Under PMLA Cannot Be A Mere Formality

    The Court observed that the PMLA provides for separate events and acts of seizure, freezing, retention, continuation and confirmation and each event has its own statutory requirements. These terms are not interchangeable.
    IndiaGovernment, Public Sector
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    Legalaxy - Monthly Newsletter - December 2025

    The notification clarifies that the above-mentioned thresholds shall be computed basis the annual consolidated turnover of the listed entity as per the last audited financial statements of the listed entity.
    IndiaIntellectual Property
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    Cash Deposits – Tax Implications

    Provisions of section 68 of the Act reads as under:
    IndiaTax
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    India Business Guide: Start-Up To Set-Up

    India Business Guide: Start-up to Set-up is a compendium of laws, rules and regulations that govern Indian businesses, which are updated as on November, 2015 (unless otherwise specified) and presented in a reader-friendly manner.
    IndiaCorporate/Commercial Law
    Vaish Associates Advocates
    Vaish Associates Advocates
  • Article

    Trade Marks Law In India

    A good trademark
    IndiaIntellectual Property
    Vaish Associates Advocates
    Vaish Associates Advocates

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