[Saikishan B Rathore is a 4th year BSW LLB (Business Corporate and Financial Law Hons.) student at Gujarat National Law University, Gandhinagar] In a first of its kind, the Competition Commission of India (CCI) on 17 December 2021 found Amazon NV Investment Holdings LLC (Amazon) guilty of contravening sections 43-A, 44 and 45 of the
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Supreme Court on the Regularization of Temporary Employees
[Naman Keswani is a 3rd year B.A., LL.B. (Hons.) student at Hidayatullah National Law University, Raipur. The author would like to thank Dr. Balwinder Kaur for her valuable inputs on the post] In Union of India v. Ilmo Devi (7 October 2021), the Supreme Court reiterated the fact that a temporary or casual worker in a State-run
... Continue Reading.TDS certificate form 16/16A: How to Download
Form 16 is essentially a certificate issued by employers to their employees. It provides a validation that TDS has been deducted and deposited with the government authorities on behalf of the employee. It gives a detailed summary of the salary paid to the employee and the TDS amount deducted on the same. Form 16/ 16A
... Continue Reading.SUPREME COURT HOLDS INSURANCE COMPANY LIABLE TO INDEMNIFY FOR AILMENT NOT EXPRESSLY EXCLUDED UNDER THE POLICY
SUPREME COURT HOLDS INSURANCE COMPANY LIABLE TO INDEMNIFY FOR AILMENT NOT EXPRESSLY EXCLUDED UNDER THE POLICY A Two Judge Bench of the Hon’ble #SupremeCourt of India comprising of Justice Dr Dhananjaya Y Chandrachudand and Justice B.V. Nagarathna passed a #Judgment dated 06-12-2021 in the case of Manmohan Nanda V. United India Assurance Co. Ltd. &Anr
... Continue Reading.SUPREME COURT HOLDS ACCUSED GUILTY OF DEPARTMENTAL MISCONDUCT BUT DISMISSES CRIMINAL CHARGES
SUPREME COURT HOLDS ACCUSED GUILTY OF DEPARTMENTAL MISCONDUCT BUT DISMISSES CRIMINAL CHARGES A Three Judge Bench of the #SupremeCourt comprising of Chief Justice N.V. Ramana, J. Surya Kant and J. Hima Kohli, has in a recent case of N. Raghavender vs State of Andhra Pradesh, CBI, Criminal Appeal No. 5 of 2010, passed a #Judgment
... Continue Reading.SUPREME COURT SETS ASIDE ARBITRAL AWARD ALLOWING COMPENSATION IN EXCESS OF THE AMOUNT CLAIMED
SUPREME COURT SETS ASIDE ARBITRAL AWARD ALLOWING COMPENSATION IN EXCESS OF THE AMOUNT CLAIMED The Division Bench of the Hon’ble #SupremeCourt in matter of State of Haryana v. M/s Shiv Shankar Construction Co. & Anr. (Civil Appeal Nos. 7379-7380/2021) has passed #Judgement dated 14.12.2021 and set aside the Order of the Hon’ble #HighCourt of #PunjabandHaryana
... Continue Reading.SUPREME COURT UPHOLDS RIGHT OF KARTA OF JOINT HINDU FAMILY TO SELL PROPERTY IN CASE OF LEGAL NECESSITY
SUPREME COURT UPHOLDS RIGHT OF KARTA OF JOINT HINDU FAMILY TO SELL PROPERTY IN CASE OF LEGAL NECESSITY The Hon’ble #SupremeCourt in the matter of Beereddy Dasrathrami Reddy versus V.Manjunath and Another arising out of Special Leave Petition (Civil No. 13853 of 2021) passed a Judgment dated 13-12-2021 and dismissed the impugned #Judgment dated 06-03-2021
... Continue Reading.New Materiality Threshold for RPTs: Nagging Questions on Shareholder Approval
[Vinita Nair and Sikha Bansal are Partners at Vinod Kothari & Company, Practicing Company Secretaries] Related party transactions (RPTs) are perceived as potential tools for unjust enrichment of those in a fiduciary capacity. Hence, SEBI has recently revamped RPT norms (most of which are to take effect from 1 April 2022) intending to impose a
... Continue Reading.Non-Fungible Tokens: An Indian Perspective
[Aiyushi Mehrotra is a 4th Year B.A., LLB. student at Gujarat National Law University, Gandhinagar] Non-fungible tokens (“NFTs”) are digital blockchain tokens that identify ownership or particulars of unique items, whether they be digital or real in form. They are traded and programmed in the same way as cryptocurrencies like Bitcoin or Ethereum, but that
... Continue Reading.SUPREME COURT HOLDS THAT SUSPICION IS NOT SUFFICIENT TO ENABLE FRAMING OF A CHARGE
SUPREME COURT HOLDS THAT SUSPICION IS NOT SUFFICIENT TO ENABLE FRAMING OF A CHARGE A Two Judge Bench of the Hon’ble #SupremeCourt of India comprising of Justices K.M. Joseph vs S. Ravindra Bhat passed a Judgment dated 09-12-2021 in the case of The State By S.P. Through The SPE CBI vs Uttamchand Bohra {Criminal Appeal
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