Author: Legal 60

Suzuki Motor Case Cited in Maxxis Rubber ITAT Win on Depreciation Treatment Income Tax Tribunal Rules in Favor of Assessee in Section 32 Depreciation Case The Ahmedabad Bench of the Income Tax Appellate Tribunal has granted significant relief to Maxxis Rubber India Pvt. Ltd., setting aside a revisionary order passed under Section 263 of the

Federal Circuit Clarifies Dupont Factor In Trademark Case Between Apex Bank And CC Serve ASPIRE BANK trademark dispute highlights key issues in likelihood of confusion analysis In a precedential decision issued recently, the U.S. Court of Appeals for the Federal Circuit provided important clarification regarding the proper application of the DuPont factors in trademark opposition

Legal Dispute Over Property Tax and Stamp Duty Valuation in Agricultural Land Transaction Income Tax Appellate Tribunal directs fresh verification on stamp duty and land classification issues The Income Tax Appellate Tribunal, Delhi Bench, recently addressed a contentious issue involving the incorrect application of stamp duty on agricultural land and the applicability of Section 56(2)(x)(b)

Pinsent Masons advised IFC on investment in TWM Group, Papua New Guinea The global law firm Pinsent Masons advised the International Finance Corporation (IFC) on its investment in TWM Group, Papua New Guinea’s leading waste management company, to develop the country’s first integrated waste facility meeting international standards. The financing, structured as a PNG kina-denominated

NCLT Cuttack Admits Canara Bank’s Section 7 IBC Plea Against SS Aluminium for ₹15.88 Cr default SARFAESI and IBC interplay examined in Canara Bank vs SS Aluminium insolvency case In a significant ruling, the Cuttack Bench of the National Company Law Tribunal has clarified that the mere institution of criminal proceedings against an official of

Khaitan & Co advised SBI Funds Management Limited on one of India’s largest asset-backed securitisation issuances The leading law firm in India, Khaitan & Co advised SBI Funds Management Limited in connection with one of India’s largest asset-backed securitisation issuances, involving investment in listed pass-through certificates (PTCs) backed by securitised receivables aggregating up to INR

Khaitan & Co advised Torrent Power Limited on the acquisition of NewZone Power Projects Private Limited and NewZone India Private Limited The leading law firm Khaitan & Co advised Torrent Power Limited on the acquisition of 100% share capital of NewZone Power Projects Private Limited, 49% share capital of NewZone India Private Limited, and indirect

Patna, Bihar: The first-ever Chanakya Memorial Lecture was held at the Chanakya National Law University (CNLU), where the Hon’ble Governor of Bihar, Shri Arif Mohammed Khan, addressed students and faculty on the timeless relevance of Indian religious scriptures, diversity, and the Constitution of India. Speaking on the occasion, the Governor emphasized that Indian religious traditions

Shardul Amarchand Mangaldas & Co. advised Novo Holdings A/S on its investment in MedGenome Inc. The leading law firm in India, Shardul Amarchand Mangaldas & Co. advised Novo Holdings A/S on its investment in MedGenome Inc. as part of the company’s USD 47.5 million Series E funding round, co-led by Novo Holdings A/S and Maj

Centre for Research in Criminal Justice Sciences, Gujarat National Law University is conducting its 4th GCRCJS Legislative Drafting Competition, with a submission deadline of 24th November 2025. About the Centre Gujarat National Law University, Gandhinagar established GCRCJS in 2019, recognising that a comprehensive understanding of the technicalities, complexities, and patterns of criminal law is indispensable