September 19, 2018 In Blog, Uncategorized

STAMP DUTY NOT NECESSARY FOR ENFORCEMENT OF FOREIGN ARBITRATION AWARDS IN INDIA: SUPREME COURT

The Supreme Court Bench of Justice RF Nariman and Justice Indu Malhotra has, in the case of M/s. Shriram EPC Limited v. Rioglass Solar SA dated 13.09.2018, settled a long standing contentious issue by holding that the payment…

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September 8, 2018 In Blog, Uncategorized

THE SUPREME COURT DECRIMINALIZED CONSENSUAL SEXUAL RELATION BETWEEN ADULTS OF THE SAME GENDER

Recently, a 5 Judge Constitution Bench of the Supreme Court of India, in Navtej Singh Johar and others vs. Union of India 2016, has passed a judgment dated 06.09.2018 (Judgment) whereby it decriminalized the act of consensual sexual…

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September 7, 2018 In Blog, Uncategorized

INDIA POST PAYMENTS BANK- A STEP TOWARDS DIGITAL INDIA

The Government of India led by Prime Minister Shri. Narendra Modi has recently inaugurated the India Post Payments Bank (IPPB) on 01.09.2018, set up as a public sector company under the Department of Posts, Ministry of Communication, with…

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September 7, 2018 In Blog, Uncategorized

THE SUPREME COURT ON ARRESTS MADE UNDER UNLAWFUL ACTIVITIES (PREVENTION) LAWS OF INDIA

A few months ago, the Pune City Police had arrested five suspected members of the banned Communist Party of India [CPI] (Maoist) in January 2018, who had allegedly organized an event called Elgaar Parishad in Koregaon-Bhima village near Pune (Event) in…

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August 24, 2018 In Blog, Uncategorized

THE SUPREME COURT ON ILL-TREATMENT OF CHILDREN AT SHELTER HOMES IN INDIA

Recently, the Supreme Court of India had received a letter dated 31.07.2018 (Letter) from a Human Rights Defender in Patna, Bihar in the case of Sampurna Behura vs. Union of India and others, raising concerns over recent alleged…

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August 18, 2018 In Blog, Uncategorized

SUPREME COURT PROTECTS HOMEBUYERS FROM THE FRAUDULENT INTENTIONS OF THE JAYPEE GROUP

As per the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 which is an amendment to Insolvency and Bankruptcy Code, 2016 (IBC), the status of homebuyers is classified as financial creditors under the laws of insolvency and bankruptcy. A…

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August 18, 2018 In Blog, Uncategorized

SUPREME COURT RULES THAT PERSONAL GUARANTORS ARE NOT EXEMPT IN INSOLVENCY AND BANKRUPTCY MATTERS

In a recent judgement passed in the matter of State Bank of India vs. V. Ramakrishnan, decided on 14.08.2018, by Justice R. Nariman and Justice Indu Malhotra, the Supreme Court held that the moratorium period allowed under the…

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August 11, 2018 In Blog, Uncategorized

APPROVAL OF THE PROPOSED COMBINATION OF WALMART-FLIPKART BY COMPETITION COMMISSION OF INDIA

The Competition Commission of India (CCI) is an authority established under the Competition Act 2002 as amended thereof (Act) to promote competition, to protect interests of consumers, to prevent practices having adverse effect on competition, etc. Recently, Wal-Mart…

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August 4, 2018 In Blog, Uncategorized

MINISTRY OF HOME AFFAIRS TAKES STEPS TO MONITOR CYBERCRIMES

Cybercrime, generally, means any internet activity which constitutes an offence. With the increasing use of computer and other gadgets based on internet, a wide range of new crimes have evolved in the society. Such offences are governed by…

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August 4, 2018 In Blog, Uncategorized

E-COMMERCE – CASH-ON-DELIVERY DEALS MAY NOT BE AUTHORIZED IN INDIA

In response to a Right to Information (RTI) query relating to the collection and disbursements of cash payments by e-commerce companies, the Reserve Bank of India (RBI) has reportedly clarified that e-commerce merchants or payment intermediaries such as…

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