June 12, 2020 In Blog, Uncategorized

FINANCE MINISTRY ANNOUNCES DECRIMINALISATION OF 19 LEGISLATIONS- BOON OR BANE?

This week the #MinistryofFinance has proposed to #decriminalize “minor” #offences prescribed in 19 different #legislations for economic offences, purportedly, for improving “business sentiment” and “unclogging” of court process. The Ministry of Finance has invited comments or suggestions regarding…

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June 10, 2020 In Blog, Uncategorized

TIL Legal Speak Episode 5: Understanding IBC during Covid Crisis

The Indian Lawyer & Allied Services has discussed the latest Ordinance of 5th June 2020 which talks about suspension of certain provisions of the Insolvency and Bankruptcy Code 2016 (IBC) in the Episode 5 of TIL Legal Speak….

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June 10, 2020 In Blog, Uncategorized

TIL Legal Speak Episode 4: Curbing Frivolous Criminal Litigations

In recent times, we have noticed a sudden rise in the filing of defamation complaints against public figures. Most of these defamation cases don’t meet the stringent requirements under the law and yet they are being filed with…

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June 6, 2020 In Blog, Uncategorized

SUPREME COURT HOLDS NOT EVERY INCOME FROM FOREIGN ENTITIES FALLS WITHIN THE AMBIT OF SECTION 80-O OF INCOME TAX ACT 1961

A Bench of the #SupremeCourt of India comprising of Justices A.M. Khanwilkar, Dinesh Maheshwari, and Sanjiv Khanna, has recently decided the case of Ramnath And Co. v. The Commissioner Of Income Tax, Civil Appeal Nos. 2506/2509 of 2020,…

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June 6, 2020 In Blog, Uncategorized

SUPREME COURT HELD AUCTION PURCHASER LIABLE FOR UNPAID ELECTRICITY DUES OF A PROPERTY

The Supreme Court has in a recent case of Telangana State Southern Power Distribution Company Limited v. Srigdhaa Beverages 2020 SCC Online SC 478 passed a Judgment dated 01-06-2020,where the Apex Court held the Respondent-Auction Purchaser liable for payment…

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June 3, 2020 In Blog, Uncategorized

COLLABORATIONS INVITED BETWEEN INDIA AND JAPAN PHARMACEUTICAL AND MEDICAL DEVICES SECTOR

Currently, India ranks amongst the top 20 global medical devices entities and has the 4th largest medical devices market in Asia. Recently, the Embassy of India, Tokyo and the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, Government…

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April 25, 2020 In Blog, Uncategorized

ROLE OF VIRTUAL ARBITRATION DURING THE COVID-19 PANDEMIC

In the light of the onset of #Covid-19, resulting in physical #distancing for an indeterminate period, in-person activities have become impossible. In person court hearings and #arbitrations has become impossible. However, when one door closes another always opens….

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April 21, 2020 In Blog, Uncategorized

RBI ISSUES MEASURES TO REVIVE THE ECONOMY OF INDIA

On 17-04-2020, the Reserve Bank of India (#RBI) issued certain measures to revive the struggling economy of India. The Governor of RBI, Shri. Shaktikanta Das, announced the following measures, through an online address, to overcome various challenges that…

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April 18, 2020 In Blog, Uncategorized

SUPREME COURT HOLDS THAT MORTGAGED PROPERTY CAN BE REDEEMED ONLY BY PROCESS OF LAW

A #mortgage is a #transfer of one’s interest in immovable #property as a #security for a #loan. A person lent money with or without security. The essential feature of a mortgage is that it is a conveyance of…

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April 18, 2020 In Blog, Uncategorized

VERIFY NEWS ON COVID19 BEFORE PANIC

In recent times, Indians have shown #nationalpride by cooperating with the Prime Minister’s directions of obeying complete #Lockdown. Such a #nationalist approach by a greater majority of Indians displays unity and #patriotism at its best. It is truly…

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