Month: May 2022

Ritesh Kanodia rejoins Economic Laws Practice as a Partner He was a partner at Dhruva Vox and Dhruva Advisors LLP Ritesh Kanodia has rejoined the Mumbai-based law firm Economic Laws Practice as a Partner in the Tax and Customs practices. The move comes after a gap of 10 years. In the interim, he was a

Last Updated on 35 mins by Admin LB Question: A, an accused is aggrieved by the order passed under Section 167(5), not to stop further investigation even when the investigation was not concluded within six months from the date on which he was arrested. Being aggrieved by the order of the magistrate, he (A) does

Last Updated on 2 hours by Admin LB Question: A member of a Hindu Undivided Family solemnizes a marriage under the Special Marriage Act, of 1954. What is the effect of such marriage on his status as a member of the joint or undivided family? Find the answer only on Legal Bites. [A member of

Supreme Court rules on RBI regulated NBFC The court clarified that the competence of the legislatures of the states could not be questioned The Supreme Court has held that Non-Banking Financial Companies (NBFC) regulated by the Reserve Bank of India (RBI), will not come under the purview of the state statutes. A bench of Justice

Last Updated on 6 mins by Admin LB Question: On 23.03.1988 the accused was arrested by the police for an offence under Section 21 of the Narcotic Drugs and Psychotropic Substances Act, 1985, having been found to be in possession of One Kg. of heroin valuing at rupees one crore in the International Market. The charge

Telangana Commercial Taxes Department introduces scheme to settle disputes An arrear amount of Rs.3000 crores lies pending in litigation The Telangana Commercial Taxes Department has introduced a ‘One Time Settlement Scheme’ to settle disputed taxes under the legacy Acts. These include the Andhra Pradesh General Sales Tax Act, 1957, the Telangana Value Added Tax Act,

CESTAT sets-aside denial to avail CENVAT credit on service tax The company had sought a cash refund under the Central Goods and Services Tax Act, 2017 The Mumbai bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has rejected the denial to avail of the Central Value Added Tax (CENVAT) credit on service

S&R Associates represent Goldman Sachs It assisted in the proposed merger of Larsen & Toubro Infotech Limited and Mindtree Limited Indian law firm S&R Associates represented Goldman Sachs (India) Securities in connection with the share exchange ratio to the Board of Directors of Mindtree Limited, a listed Information Technology services company, in the proposed merger

Last Updated on 47 seconds by Admin LB Question: What is the remedy of an investigating police officer in case he wants to detain a person arrested for more than 24 hours? [UPCJ  2000, UPHJS 2000, UPAPO 2014] Find the answer only on Legal Bites. [What is the remedy of an investigating police officer in

Last Updated on 2 mins by Admin LB Question: Can a Magistrate stop investigation? If so, in what cases and under which provision of the Code of Criminal Procedure? [W.B.J.S. 1997] Find the answer only on Legal Bites. [Can a Magistrate stop investigation? If so, in what cases and under which provision of the Code