July 08, 2020 PolyOne Polymers acquires stake in Clariant with the assistance of AZB & Partners [ by Legal Era News Network ] According to the BSE disclosure document, the Clariant concluded the sale of its Masterbatch business to PolyOne Polymers India Private Limited (PolyOne), on a going concern basis by way of slump sale
... Continue Reading.Month: July 2020
Certificate for Electronic Evidence u/s 65B of the IEA, 1872
Chapter V of The Indian Evidence Act, 1872[1] deals with the ‘Documentary Evidence’ and it is very important as it is the primary piece of evidence. Section 62 and Section 63 deals with the ‘Primary’ and ‘Secondary’ Evidence. As our country is moving towards digitization and e-governance, the Supreme Court on various occasions has discussed
... Continue Reading.Plea in SC seeks broadcast of ‘Covid yoga protocols’ daily
July 08, 2020 Plea in SC seeks broadcast of ‘Covid yoga protocols’ daily [ by Legal Era News Network ] A plea has been moved in the Supreme Court seeking direction for the Ministry of Information and Broadcasting to take steps to broadcast ‘Covid yoga protocols’ as well as other customised yoga protocols every morning
... Continue Reading.Equalisation Levy in India: The Impediments of Extra-Territoriality
[Vedangini Bisht and Shubham Chaudhary are third year students at National Law University, Delhi] India recently passed its Finance Act 2020 to expand the scope of equalisation levy, a type of digital service tax, charged to non-residential e-commerce businesses. However, the Act (passed on March 27, 2020) has extra-territorial application, since it attempts to tax
... Continue Reading.Temporary relief for Zee as Delhi HC admits appeal against selling of shares worth Rs. 740 million
July 08, 2020 Temporary relief for Zee as Delhi HC admits appeal against selling of shares worth Rs. 740 million [ by Legal Era News Network ] The Delhi High Court in an interim relief to Zee Entertainment Enterprises Ltd stayed IDBI Trusteeship and Franklin Templeton from selling or transferring the company’s shares worth Rs
... Continue Reading.IBC’s section 32A needs elucidation to protect buyers: Experts
July 08, 2020 IBC’s section 32A needs elucidation to protect buyers: Experts [ by Legal Era News Network ] Although the government made an amendment to the Insolvency and Bankruptcy Code (IBC) to protect buyers of bankrupt companies, there seems to be no relief for some with litigations continuing and penalties being enforced by regulators
... Continue Reading.Federalism in India: Unitary, Quasi, Cooperative, Competitive
Last Updated : 2 hours ago Federalism is a method of segregating powers so that the central and local governments are each within a domain, harmonizing and autonomous. I. Meaning of the word ‘Federal’ and ‘Federalism’ The term “federal” is derived from the Latin foedus, which means, “covenant”. Therefore, the idea of federalism embodies in itself the ideas
... Continue Reading.Difference between lease and license
The article brings forward the concept of lease and license in a very simple language so that it is easy to understand not only the technicalities hidden in the concept but also the difference between the concepts. It seems as if these concepts are overlapping but there exists a lot of difference between them and
... Continue Reading.Gas leaks: Deposit money with Andhra officials, NGT tells 2 firms
July 08, 2020 Gas leaks: Deposit money with Andhra officials, NGT tells 2 firms [ by Legal Era News Network ] The National Green Tribunal (NGT) has directed two companies in Andhra Pradesh to deposit with Visakhapatnam and Kurnool district authorities within two week the compensation amount to given to kin of those who died
... Continue Reading.Microsoft busts hackers who used Covid-19 as bait to lure customers
July 08, 2020 Microsoft busts hackers who used Covid-19 as bait to lure customers [ by Legal Era News Network ] A United States Court has allowed Microsoft to seize control of key domains of cyber criminals who used COVID-19-related lures in the phishing emails to target its customers in 62 countries and access Office
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