[Venkat Maithreya is a Counsel at the Telangana High Court] The Vivad Se Vishwas Scheme (now the Direct Tax Vivad Se Vishwas Act, 2020) (the “Scheme”) was introduced by the Finance Minister, Ms. Nirmala Sitaraman, in her Budget speech for the year 2020-21 in the Lok Sabha on 1 February 2020. The Scheme seems to
... Continue Reading.Month: March 2020
Extraterritorial Compliance with Corporate Governance Norms
[Shubham Gupta is a 4th law student at Institute of Law, Nirma University, Ahmedabad] The Securities and Exchange Board of India (SEBI) has elucidated its position with the respect to the extra-territorial application of its corporate governance norms. In a recent informal guidance in the matter of KCP Limited, SEBI interpreted regulation 24(1) of the
... Continue Reading.S&R, CAM act on Siemens’ $279m buy of Delhi’s C&S
Siemens has signed an agreement to acquire New Delhi-based C&S Electric Ltd, a leading provider of electrical and electronic equipment, for ₹2,100 crore. — Hindu Business Line S&R Associates advised C&S Electric Limited led by a team of The S&R corporate team included partnersSanjeev Adlakha and Shivaji Bhattacharya and associatesTarinee Sudan, Meher Mehta, Neethu Roy,
... Continue Reading.Delhi HC Restrains An E-Rickshaw Manufacturer, Bearing The Mark ‘DMW’, From Using Any Mark Which Is Identical Or Deceptively Similar To That Of The German Automobile Manufacturer, BMW
Justice Jayant Nath of the Delhi High Court restrained an Indian e-rickshaw manufacturer from “in any manner dealing with any goods” bearing the mark ‘DMW’ or any other mark identical or deceptively similar to that of German automobile major, BMW. Prior Facts: The Plaintiff claimed that in 2016, it had a revenue of 94.163 million
... Continue Reading.Whether a resolution plan can be modified post approval?
Thursday February 27, 2020. BY Umang Shirodariya | Insolvency and Bankruptcy Code Under the Insolvency and Bankruptcy Code, 2016 (“I&B Code”), a Corporate Insolvency Resolution Process (“CIRP”) is initiated with an order of the Adjudicating Authority (“NCLT”) admitting an application by a creditor or debtor. As soon as the application under relevant sections of the
... Continue Reading.Covid19 Lockdown Indefinitely Delays Hearing On Three Most Important Cases
//www.pathlegal.in/Covid19-Lockdown-Indefinitely-Delays-Hearing-On-Three-Most-Important-Cases-legalnewscopied-2384224 Author: Names Covid-19 lockdown has off-tracked the Supreme Court's attempt to expeditiously decide three most important cases threatening to divide the nation on religious and c… Read More
... Continue Reading.Quarantine Laws Preventing Spread of COVID-19 Around the World
On March 11 COVID-19 was declared as pandemic by World Health Organization, based on report of 118,000 cases from across 114 countries. Since then the entire globe has waged a war against this biological threat. techniques used to extinguish Covid-19 are mainly precautionary and preventive in nature. The primary method to eradicate this virus is
... Continue Reading.Guns Licensed For Self Protection Cannot Be Used For Celebratory Firing: Supreme Court
Without mincing any words and without pulling back any punches, a three Judge Bench of the Supreme Court headed by Chief Justice of India (CJI) SA Bobde and comprising also of Justice BR Gavai and Justice Surya Kant most recently on March 18, 2020 in a notable judgment titled Bhagwan Singh vs State
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