Finance Act 1994 Section 68(2) applied in service tax dispute “Tribunal Upholds Service Tax Demands on Legal, Transport, and Works Contract Services; Penalties Set Aside Under Finance Act” The Customs, Excise and Service Tax Appellate Tribunal, Allahabad bench, has recently delivered a landmark judgment concerning service tax liabilities on legal consultancy, reconciliation discrepancies, and goods
... Continue Reading.Element Biosciences alleges coercion of customers by Illumina in lawsuit
Element Biosciences alleges coercion of customers by Illumina in lawsuit Patent disputes escalate between leading DNA sequencing companies Life sciences innovator Element Biosciences has escalated its ongoing dispute with gene-sequencing leader Illumina by filing separate lawsuits in federal courts in California and Delaware. The complaints, lodged on Monday, allege that Illumina has engaged in anticompetitive
... Continue Reading.Latham & Watkins Advised NVIDIA on US$5 Billion Investment in Intel
Latham & Watkins Advised NVIDIA on US$5 Billion Investment in Intel The global law firm, Latham & Watkins LLP advised NVIDIA Corporation (NASDAQ: NVDA) in connection with its US$5 billion investment in Intel Corporation (NASDAQ: INTC). The transaction involves NVIDIA acquiring Intel common stock at a purchase price of US$23.28 per share as part of
... Continue Reading.Shardul Amarchand Mangaldas & Co. Advised Carlyle On The Sale Of Its Stake In Yes Bank Limited To Sumitomo Mitsui Banking Corporation
Shardul Amarchand Mangaldas & Co. advised Carlyle on the sale of its stake in Yes Bank Limited to Sumitomo Mitsui Banking Corporation The Leading Law firm in India, Shardul Amarchand Mangaldas & Co. (SAM) advised CA Basque Investments, an affiliate of Carlyle, on the sale of its entire shareholding in Yes Bank Limited (“Yes Bank”)
... Continue Reading.Law Students’ Extra Credit: 7 Books to Expand Your Horizons in 2025
Legal Bites presents a curated list of seven must-read books to enrich your legal journey in 2025. To truly grow as a future lawyer, one must not only master statutes and procedures but also understand the philosophy of law, the art of legal reasoning, and the impact of law on society. Each book is selected
... Continue Reading.Trilegal Partner Atul Gupta Says H-1B Visa Changes To Push Indian Tech Firms Toward GCC Growth
Trilegal Partner Atul Gupta Says H-1B Visa Changes to Push Indian Tech Firms Toward GCC Growth The leading law firm in India, Trilegal, has shared its perspective on the recent H-1B visa changes that are expected to significantly affect Indian technology and services companies. Atul Gupta, Partner – Labour and Employment at Trilegal, highlighted the
... Continue Reading.Frank Saviano Joins Kirkland & Ellis As Partner in Sports Group
Frank Saviano Joins Kirkland & Ellis as Partner in Sports Group The major international and global law firm, Kirkland & Ellis announced that Frank Saviano has joined the firm as a partner in its Sports Group. Saviano, a leading sports transactional lawyer, brings extensive experience advising on complex, business-critical corporate matters across the sports and
... Continue Reading.Do Value-Added Processes on Imported Goods Qualify as ‘Manufacture’ for Excise Purposes?
The question of what constitutes “manufacture” under excise law has been a recurring point of litigation in India. With globalised trade and the increasing import of semi-finished or pre-fabricated goods, a vital issue emerges: when do value-added processes on imported goods amount to “manufacture” for the purpose of levying excise duty? This issue was squarely
... Continue Reading.P&A Law Offices Secures Settlement In Landmark UpHealth–Glocal International Arbitration Dispute
P&A Law Offices Secures Settlement in Landmark UpHealth–Glocal International Arbitration Dispute The leading law firm in India, P&A Law Offices, has successfully facilitated the settlement of a long-drawn and heavily contested international commercial arbitration dispute between its client UpHealth Holdings, Inc. and Glocal Healthcare Systems Private Limited. The settlement received dual judicial approval — first
... Continue Reading.SC Orders All States And All UTs To Frame Rules For Registration Of Marriages Solemnised Through Sikh Religious Ceremony Of Anand Karaj Within 4 Months
It is most significant to note that in a path breaking and praiseworthy development with far reaching consequences, we see that the Supreme Court in a most learned, laudable, landmark, logical and latest judgment titled
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