By Shilpi Bhattacharya & Aditi KhemaniWalmart has been eyeing Indian markets for years now – and its $16 billion worth majority stake in Flipkart has finally given it the opportunity it was looking for to bring its retail business to India. If Walmart were to build its own e-commerce network in the large and diverse
... Continue Reading.Month: March 2020
Global Trademark Report Card, 2019 (Special 301 Submission) – I
In these posts, I shall discuss the main points of ‘2019 Global Trademark Report Card’ by Trademark Working Group (Special 301 Submission for 2020) [For complete list of documents, click here]. i) Certification standards The submission expresses its disapproval over the procedure for registration of certification marks (especially on 4-month opposition period regarding certification mark
... Continue Reading.Law amended to hike excise duty on petrol, diesel by Rs.8/L in future
Law amended to hike excise duty on petrol, diesel by Rs.8L in future The Indian government on Monday has amended the law to possess the power to raise excise duty on petrol and diesel by Rs.8 per liter each in the future. Nirmala Sitharaman, the finance minister of India moved an amendment to the Finance
... Continue Reading.India to impose new tax on foreign e-commerce companies
India to impose new tax on foreign e-commerce companies Amendments to the Finance Bill 2020 have been made and approved by the Parliament which includes India to impose an equalization levy of 2% on sales made by foreign e-commerce companies in the country. From this, those companies will be impacted that do not have a
... Continue Reading.All inbound international air travel suspended in India
All inbound international air travel suspended in India In order to combat the spreading of coronavirus, the Indian government has issued an order prohibiting all inbound international flights to India from March 22, 2020, to March 29, 2020. This span can be changed if required. This means that the said prohibition applies to all travelers
... Continue Reading.A change in law means MSMEs have greater power in cheque bounce cases
By Jivesh Chandrayan Indian courts are riddled with the humongous problem of pending cases. As per the 213th Report of the Law Commission almost 20 per cent of the pending litigation pertains only to cheque dishonor disputes under section 138 of the Negotiable Instruments Act, 1881. The prosecution and recovery mechanism under Sections 138 to
... Continue Reading.COVID19: Supreme Court conducts hearings of urgent matters via video conferencing
March 28, 2020 COVID19: Supreme Court conducts hearings of urgent matters via video conferencing [ by Legal Era News Network ] The legal fraternity and in fact the entire Nation must congratulate and thank the Supreme Court Judges for conducting hearings via video conferencing in the current nationwide Coronavirus lockdown. After Prime Minister Narendra Modi
... Continue Reading.Destek Infosolutions receives $2 Million funding for LegalNextt
Pune based IT Company Destek Infosolutions Pvt Ltd has raised an amount of $2 Million in seed funding round for one of its platforms, LegalNextt – An Extensive Communication, Collaboration and Practice Management platform for lawyers and law firms. The round was led by Mr. Gurmeet Singh, Mr. Kapil Jhaveri and Mr. Chandrakant Bhojepatil –
... Continue Reading.Medical opinion should guide public interest, not clamour: Bombay HC
March 28, 2020 Medical opinion should guide public interest, not clamour: Bombay HC [ by Legal Era News Network ] While directing the Goa government to put in place an efficient system for home-delivery of essential goods and keep grocery stores open during the lock-down period, the Bombay High Court in Goa on March 27
... Continue Reading.







