January 27, 2018 In Blog, Uncategorized

EMERGENCE OF INDIA AS THE FIFTH MOST ATTRACTIVE INVESTMENT DESTINATION ACROSS THE GLOBE

Around 3000 world leaders from the fields of business, politics, academics, etc had attended the 48th World Economic Forum (WEF) Annual Meeting from 23rd January 2018 to 26th January 2018 in Davos, Switzerland to discuss major global issues…

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January 20, 2018 In Blog, Uncategorized

RTI INFORMATION CANNOT BE DENIED FOR LACK OF AADHAAR CARD

Recently, in Vishwas Bhamburkar v. PIO, Housing & Urban Development Corporation Ltd., CIC/HUDCO/C/2017/164658, the Central Information Commission (CIC) was confronted with an issue relating to denial of information on lack of producing identity proof by the Applicant under the Right…

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January 20, 2018 In Blog, Uncategorized

EARLY ADOPTION OF E-WAY BILL IN THE GOODS AND SERVICES TAX REGIME

The Government of India has planned for early implementation of the electronic way bill (E-Way Bill) System with effect from 01.02.2018, which is an important element of the goods and services tax (GST) regime in India. Meaning: The…

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January 19, 2018 In Blog, Uncategorized

CAN A REGISTERED TRADEMARK BE REMOVED WITHOUT PRIOR NOTICE TO THE REGISTERED PROPRIETOR?

On 17th January 2018 in the matter of Keelnage Products (India) Private Limited vs. 1. The Registrar of Trade Marks 2. Union of India, the Bombay High Court heard the Petition seeking prohibition of removal of the Petitioner’s…

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January 13, 2018 In Blog, Uncategorized

UPHEAVAL IN THE SUPREME COURT OF INDIA

In the most unprecedented events in the history of the Supreme Court (SC) of India, four senior most SC Judges, namely Justice Jasti Chelameswar, Justice Ranjan Gogoi, Justice Kurian Joseph and Justice Madan B Lokur have publicly aired,…

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January 13, 2018 In Blog, Uncategorized

100% FDI IN SINGLE BRAND RETAIL TRADING SECTOR WILL BOOST INVESTMENTS IN INDIA

The Government made a major move to attract more foreign direct investment(FDI) into the country by relaxing FDI norms in key sectors which are as follows: 100 per cent FDI under automatic route in single brand retail trading…

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January 6, 2018 In Blog, Uncategorized

DEBATE OVER TRIPLE TALAQ BILL IN RAJYA SABHA

  The Muslim Women (Protection of Rights on Marriage) Bill, 2017 also known as the Triple Talaq Bill (“the Bill”) failed to make any progress in the Rajya Sabha in the winter session of Parliament on Thursday, 4th January…

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January 6, 2018 In Blog, Uncategorized

NCLT RULING ON NON-DEFAULTING PROMOTER/GUARANTOR IN INSOLVENCY PROCESS

In a recent case of RBL Bank Limited vs. MBL Infrastructures Limited 2017, the National Company Law Tribunal (NCLT) Kolkata Bench has passed on Order with regard to non-defaulting promoters/guarantors who endeavor to save their companies. Herein, the…

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January 4, 2018 In Blog, Uncategorized

LAW MINISTRY OF INDIA APPROVES FUGITIVE ECONOMIC OFFENDERS BILL, 2017

The Law Ministry of India has given its concurrence to a draft of Fugitive Economic Offenders Bill, 2017 (Bill)that will give powers to the Government to confiscate property of economic offenders and defaulters who flee India. The Bill…

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December 23, 2017 In Blog, Uncategorized

SUPREME COURT REMOVES TWO THRESHOLD BARS UNDER THE INSOLVENCY AND BANKRUPTCY CODE 2016

In a recent case of Macquarie Bank Limited vs. Shilpi Cable Technologies Ltd. 2017 SCC OnLine SC 1493, the Supreme Court has removed two threshold bars to the processing of an application under Section 9 of the Insolvency…

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