July 27, 2018 In Blog, Uncategorized

REGULATION OF FOREIGN DIRECT INVESTMENT IN E-COMMERCE IN INDIA

The Department of Industrial Policy and Promotion (DIPP) under the Ministry of Commerce and Industry, India has recently decided to implement yet again the guidelines issued for foreign direct investment (FDI) in e-commerce as provided by DIPP in…

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July 25, 2018 In Blog, Uncategorized

THE GOVERNMENT TAKES STEPS TO REDUCE TAX LITIGATIONS

The Government of India has time and again felt the need to control the sprouting tax related litigations. The Economic Survey of 2018 had noted earlier this year that even though the success rate in such litigations is…

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July 25, 2018 In Blog, Uncategorized

APPROVAL OF DNA TECHNOLOGY (USE AND APPLICATION) REGULATION BILL, 2018

The Union Cabinet, presided over by Prime Minister Shri Narendra Modi, has recently approved the DNA Technology (Use and Application) Regulation Bill, 2018 on 4th July, 2018. The Department of Biotechnology had drafted the Bill with a view…

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July 25, 2018 In Blog, Uncategorized

THE GOVERNMENT OF INDIA TO REVIEW OFFENCES UNDER COMPANIES ACT, 2013

The Ministry of Corporate Affairs (MCA) in India has issued an order dated 13th July, 2018 thereby notifying the formation of a Committee to review certain offences under the Companies Act, 2013 (the Act) and decriminalize them in…

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July 17, 2018 In Blog, Uncategorized

ACCUSED IS ENTITLED TO COMPLETE INFORMATION IN HIS DEFENCE

The Central Information Commissioner (hereinafter the ‘CIC’) has held in the favour of an accused-appellant, charged with the allegation of sexual harassment, holding him entitled to seek and receive complete information pertaining to the charges against him in…

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July 17, 2018 In Blog, Uncategorized

ONE NATION ONE POLL: A CENSORIOUS CONCERN

Recently, the Law Commission of India headed by Justice B.S Chauhan has been conducting various discussions with various political parties regarding the possibility for the conduct of simultaneous polls for Lok Sabha and State Assemblies in India. During…

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July 17, 2018 In Blog, Uncategorized

RESERVE BANK OF INDIA TO MONITOR FOREIGN INVESTMENTS RECEIVED BY INDIAN ENTITIES

The Reserve Bank of India (RBI) has recently issued a circular, RBI/2017-18/194 A.P (DIR Series) Circular No.30, dated, 07th June 2018, to introduce a single master form (SMF) to be filled online by Indian entities receiving foreign investment….

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July 9, 2018 In Blog, Uncategorized

LEGALITY OF GAMBLING AND SPORTS BETTING IN INDIA: WHETHER COMMENDABLE OR REPREHENSIBLE

Recently, the Law Commission of India has in its 276th Report dated 5th July, 2018 made recommendations for legalization and Regulation of the act of gambling and sports betting in India. The said report was formulated in furtherance…

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July 7, 2018 In Blog, Uncategorized

CENTRAL INFORMATION COMMISSION TAKES STEPS TOWARDS BETTER TRANSPARENCY UNDER RIGHT TO INFORMATION ACT

The Central Information Commission (CIC), a body constituted under the Right to Information (RTI) Act of 2005 (the Act), has recently passed an order dated 18.06.2018 and declared that in the event of death of a complainant/appellant, the…

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July 7, 2018 In Blog, Uncategorized

THE RESERVE BANK OF INDIA BANS ALL DEALINGS IN CRYPTOCURRENCIES IN INDIA

In the recent times, there has been a huge uproar about the ban, issued by the Reserve Bank of India (RBI), on the use of virtual currencies (VCs) and cryptocurrencies such as bitcoins, etc in India. Post demonetization…

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