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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March 12, 2018 In Blog, Uncategorized

PASSIVE EUTHANASIA ACCEPTED BY THE SUPREME COURT

Ranked at No. 16 in the Top 40 Indian Law Blogs published by the Feedspot in https://blog.feedspot.com/indian_law_blogs/ on 06.03.2018. A five-Judge Constitution Bench of the Supreme Court of India has recently in a Judgment Common Cause vs. Union…

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March 10, 2018 In Blog, Uncategorized

THE SUPREME COURT ON INFORMED CONSENT IN INDIA

Ranked at No. 16 in the Top 40 Indian Law Blogs published by the Feedspot in https://blog.feedspot.com/indian_law_blogs/ on 06.03.2018 The concept and scope of informed consent has been one of the most critical and highly debated issues in…

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February 16, 2018 In Blog, Uncategorized

GOOGLE PENALIZED HEAVILY BY THE COMPETITION COMMISSION OF INDIA FOR ABUSE OF ITS DOMINANT POSITION

The Competition Commission of India (CCI) has issued an order dated 31.01.2018 against Google LLC and Google India Private Limited for abuse of its dominant position under Section 4 of the Competition Act 2002 (‘the Act’). In the…

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February 3, 2018 In Blog, Uncategorized

UNION BUDGET 2018-19: FOCUS OF THE GOVERNMENT ON DEVELOPMENT OF INFRASTRUCTURE SECTOR IN INDIA

The Finance Minister of India, Mr. Arun Jaitley, has laid down the Union Budget 2018-19 on 01.02.2018 in the Parliament of India. The Budget has made an allocation of Rs. 5.97 lakh crore for infrastructure sector including roads,…

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February 3, 2018 In Blog, Uncategorized

UNION BUDGET 2018-2019: MEASURES TO BE TAKEN UP BY INDIAN GOVERNMENT TO IMPROVE INVESTORS ECOSYSTEM

Finance Minister Mr. Arun Jaitley on 1st February 2018 while presenting the Union Budget 2018-2019 said that the Government is steadfast to take additional measures to further strengthen and support angel and venture capital (VC) investors operations in India….

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