May 10, 2018 In Blog, Uncategorized

US SANCTIONS HEAVILY HIT THE INDIA-RUSSIA TRADE AND DEFENCE TIES

The United States of America (US) Government had published the Countering America’s Adversaries Through Sanctions Act (CAATSA) (Law) in August 2017 which authorizes the US President to impose sanctions with respect to a person which engages in a significant…

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April 20, 2018 In Blog, Uncategorized

RECENT INDIA-US INTERNATIONAL TRADE DISPUTES

Of late, India and USA have been having disputes relating to trade barriers that they alleged to have imposed on each other, thereby hampering their trade and commerce business. As per the USA Generalized System of Preferences (GSP),…

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April 20, 2018 In Blog, Uncategorized

NEW TECH PARTNERSHIP BETWEEN INDIA AND UK

During Prime Minister Narendra Modi’s five day visit to the United Kingdom (UK) to for Commonwealth Heads of Government Meeting, 2018, Prime Minister Narendra Modi and Prime Minister of the UK, Theresa May, in their bilateral meeting, agreed to…

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April 18, 2018 In Blog, Uncategorized

SUPREME COURT HOLDS THAT A LAWYER CANNOT BE OBSTRUCTED TO APPEAR IN SUPPORT OF HIS CLIENT

On Friday, 13th April 2018 the Supreme Court of India took suo motu cognizance of a horrendous case of abduction, brutal rape and murder of an eight year old girl child in Rasana Village in District Kathua, Jammu and…

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April 12, 2018 In Blog, Uncategorized

SALMAN KHAN CONVICTION: AN INSTANCE OF EQUAL TREATMENT IN THE EYES OF LAW

There are always speculations in high profile and celebrity cases that the justice delivery system may be conducted in an unfair and unjust manner and to the prejudice of the common man. Furthermore, it is assumed that the…

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April 7, 2018 In Blog, Uncategorized

NEW SYSTEM FOR MONITORING FOREIGN INVESTMENT LIMITS IN LISTED INDIAN COMPANIES

As per Foreign Exchange Management Act, 1999 (FEMA), the onus of compliance with the various foreign investment limits rests on the Indian company. In order to facilitate the listed Indian companies to ensure compliance with the various foreign…

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March 31, 2018 In Blog, Uncategorized

SUPREME COURT RULES ON PROSPECTIVE APPLICABILITY OF SECTION 36 OF THE ARBITRATION AND CONCILIATION ACT, 2015

The Supreme Court has recently passed a judgment in Board of Control for Cricket in India v Kochi Cricket Pvt. Ltd. and etc on 15.03.2018. The Appellant herein had filed Chamber Summons in December 2015 before a Single…

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March 30, 2018 In Blog, Uncategorized

RESERVE BANK OF INDIA SETS NEW RULES FOR CROSS BORDER MERGER AND AMALGAMATION

The Reserve Bank of India (RBI) has framed new rules for mergers, amalgamation and arrangement between Indian and foreign companies under Foreign Exchange Management Act (FEMA), 1999. The Foreign Exchange Management (Cross Border Merger) Regulations, 2018 (“RBI Cross Border Merger…

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March 30, 2018 In Blog, Uncategorized

SUPREME COURT RULES ON ARREST UNDER SC/ST ACT

The Supreme Court has recently passed a judgment in Dr. Subhash Kashinath Mahajan vs. the State Of Maharashtra and Anr. on 20.03.2018 and held that there is no absolute bar against grant of anticipatory bail in cases under…

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March 20, 2018 In Blog, Uncategorized

SUPREME COURT RULES THAT FOREIGN LAWYERS OR FIRMS CANNOT PRACTISE LAW IN INDIA

On Tuesday, 13th March 2018, the Supreme Court in the matter Bar Council of India vs. A.K. Balaji and Ors., held that foreign law firms and lawyers cannot open offices or practise profession of law in India either on…

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