Delhi High Court: AO Must Form Prima Facie Opinion Before Rejecting Application For Nil TDS Under Section 197 The Delhi High Court has ruled that an assessing officer must form a prima facie opinion on an assessee’s taxability in India before rejecting an application under Section 197 of the Income Tax Act, 1961, for nil
... Continue Reading.Australia’s eSafety Commissioner Fines Telegram For Late Response To Child Abuse, Terror Queries
Australia’s eSafety Commissioner Fines Telegram For Late Response To Child Abuse, Terror Queries If the online messaging platform ignores the notice, the agency will seek a civil penalty in court Australia’s eSafety Commissioner has fined Telegram A$1 million ($640,000) for the delay in responding to queries on the steps it took to prevent the spread
... Continue Reading.Cyril Amarchand Mangaldas Acted As Investor Counsel To IFC And NabFID
Cyril Amarchand Mangaldas Acted As Investor Counsel To IFC And NabFID Cyril Amarchand Mangaldas (CAM) acted as the investor counsel to International Finance Corporation (“IFC”) and National Bank for Financing Infrastructure and Development (“NabFID”) in relation to subscription to listed, rated, secured, redeemable, non-convertible debt securities aggregating up to an amount of INR 1375,00,00,000/- (Indian
... Continue Reading.US House Judiciary’s Jim Jordan Asks EU Antitrust Chief Teresa Ribera To Clarify Rules For Big Tech
US House Judiciary’s Jim Jordan Asks EU Antitrust Chief Teresa Ribera To Clarify Rules For Big Tech The chairperson criticized the heavy fines for violations, expressing concerns about benefits to China The US House Committee on the Judiciary, chaired by Jim Jordan, has asked the European Union (EU) antitrust chief Teresa Ribera to clarify how
... Continue Reading.Cyril Amarchand Mangaldas Advised Vertex Ventures For Its Investment In Spyne
Cyril Amarchand Mangaldas Advised Vertex Ventures For Its Investment In Spyne Cyril Amarchand Mangaldas (CAM) advised Vertex Ventures, being the lead investor in a Series A funding round of Spyne, an AI powered visual merchandising platform. Spyne raised USD 16 million in the round which involved investment by Vertex Ventures and some existing shareholders of
... Continue Reading.RDS Partnership Expands With Five New Partners
RDS Partnership Expands With Five New Partners Malaysia’s RDS Partnership has strengthened its legal team with the addition of five distinguished partners-Michael Soo, Wai Ming Yap, David Lee Lai Huat, Rajeswari Karupiah, and Chee Khoon Tan. Their expertise spans Intellectual Property, corporate finance, fintech, employment law, and dispute resolution, further enhancing the firm’s capabilities. Michael
... Continue Reading.Optimus’ Linezolid Patent Revoked After Post-Grant Opposition
The Indian Patent Office has revoked the Patent No. 281489 (Application No. 201641013830) subsequent to a post-grant opposition by Symed Labs. The patent was revoked for lacking obviousness/inventive step, not being a patentable invention under section 3(d) and failure to disclose requisite information under section 8 of the Patents Act. The patent was granted on 20
... Continue Reading.GDPR And The UAE’s Flourishing Data Protection Landscape. A Comparative Analysis Of The Era Of Data Monetization
GDPR And The UAE’s Flourishing Data Protection Landscape. A Comparative Analysis Of The Era Of Data Monetization The UAE’s commitment to data protection in the era of data monetization is evident in its evolving legal framework, which strikes a balance between fostering innovation and safeguarding privacy rights The digital revolution has steered in an era
... Continue Reading.Zimmer Biomet Names Vivek Malhotra As Director – Legal (South Asia)
Zimmer Biomet Names Vivek Malhotra As Director – Legal (South Asia) Vivek Malhotra has been appointed as the Director – Legal (South Asia) at Zimmer Biomet, a leading American medical device company headquartered in Warsaw, Indiana. With over 17 years of experience in legal advisory, corporate governance, contracts and claims management, compliance, and regulatory affairs
... Continue Reading.Antecedents and Allegations in Court: When Do They Matter?
The role of antecedents and allegations in judicial proceedings is pivotal in determining bail applications, sentencing, and the overall perception of an accused person’s credibility. The Kerala High Court’s decision in P.C. George v. State of Kerala & Anr. (B.A. No. 1874 of 2025), sheds light on the importance of criminal antecedents and the gravity
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