nishithadmin
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18 November 2015 at 20 : 39 PM
Regulatory Hotline: Tax demand on E-commerce companies quashed – Authorities directed to re-examine transactions
Read MoreNovember 18, 2015 Tax demand on E-commerce companies quashed – Authorities directed to re-examine transactions Kerala High Court quashed demand notices under Kerala VAT law to Flipkart and Myntra on the ground that tax authorities did not satisfactorily deal with objections of Petitioners. High Court holds that notices were issued arbitrarily without concluding on whether […]
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18 November 2015 at 20 : 00 PM
Webinar : Cross Border M&As In The Indian Technology Sector
Read MoreNovember 5, 2015
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13 November 2015 at 20 : 14 PM
Regulatory Hotline: Foreign investment in India: Reforms Refined and Continue
Read MoreNovember 13, 2015 Foreign investment in India: Reforms Refined and Continue No approval to be required for eligible investments in Limited Liability Partnerships Special treatment applicable for investment by non-resident Indians on non-repatriation basis to be extended to investment made by them through companies, partnerships, trusts, etc. No approval to be required for foreign investment […]
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11 November 2015 at 08 : 39 AM
HR Law Hotline: State Government recommends ‘best practices’ for safety of women employees in India’s technology sector
Read MoreNovember 11, 2015 State Government recommends ‘best practices’ for safety of women employees in India’s technology sector State Government of Karnataka has issued a circular prescribing certain good practices for India’s information technology sector with respect to safety of women employees working at night. The circular reiterates the employer’s statutory obligations with respect to safety […]
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9 November 2015 at 18 : 55 PM
CNBC TV18: Draft Bankruptcy Bill Soon?
Read MoreNovember 4, 2015
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9 November 2015 at 18 : 22 PM
ET Now: Amicus Curiae – What Can Justice Easwar Panel Do To Revamp Tax Laws?
Read MoreNovember 1, 2015
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6 November 2015 at 19 : 28 PM
Deal Corner: Reliance Broadcast Bags 14 New FM Radio Channels at the Phase III E-Auctions
Read MoreNovember 06, 2015 Reliance Broadcast Bags 14 New FM Radio Channels at the Phase III E-Auctions Deal Brief Reliance Broadcast Network Limited (“Reliance Broadcast“), a media and entertainment company which primarily owns and operates radio and television channels in India, recently acquired 14 additional FM radio channels across India at the E-Auction of the First […]
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3 November 2015 at 20 : 43 PM
Telecom Hotline: Telcos can now trade in spectrum
Read MoreNovember 03, 2015 Telcos can now trade in spectrum Spectrum Trading finally permitted. Sharing of spectrum also permitted. Operators will be allowed to sell the spectrum after 2 years from the date of acquisition through auction or in case of administratively assigned spectrum, 2 years after conversion into tradable spectrum. From a consumer’s perspective, these […]
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3 November 2015 at 17 : 44 PM
Deal Corner: Leistritz forms joint venture in India
Read MoreNovember 03, 2015 Leistritz forms joint venture in India DEAL BRIEF Leistritz Group, Germany (“Leistritz”), one of the leading global manufacturers of screw pumps, through its affiliates, have recently established their Indian joint-venture, Leistritz India Private Limited (“Leistritz India”), alongwith their long-time Indian distributor. Leistritz India proposes to market and distribute advanced screw pumps designed […]
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2 November 2015 at 22 : 55 PM
Competition Law Hotline: COMPAT assumes authority to directly initiate investigation by Director-General
Read MoreNovember 02, 2015 COMPAT assumes authority to directly initiate investigation by Director-General Rules that a consumer of electricity can file an information before Competition Commission of India. Restrictions / limitations could not be read into Section 19 (1) (a) of the Act to limit eligibility of an informant under the Act. COMPAT rules that order […]
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30 October 2015 at 17 : 10 PM
Competition Law Hotline: Swedish Supreme Court upholds arbitrability of competition law disputes
Read MoreOctober 30, 2015 Swedish Supreme Court upholds arbitrability of competition law disputes The Swedish Supreme Court rejected Systembolaget’s request for a preliminary ruling from European Court of Justice with respect to an arbitral award on the ground that there was “excessive application” of competition law. Court upholds an arbitral award that ruled on claims of […]
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29 October 2015 at 13 : 40 PM
Dispute Resolution Hotline: Introduction of Commercial Courts: End of Endless Litigation!
Read MoreOctober 29, 2015 Introduction of Commercial Courts: End of Endless Litigation! Establishment of specialized commercial courts for speedy and effective dispute resolution Total time from filing of Suit till final decree prescribed to be approximately 16 months ‘Cost to follow event’ concept introduced Arbitration matters to go before specialized commercial courts I. Introduction India is […]
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27 October 2015 at 17 : 52 PM
Deal Corner: Orient Green Power raises 250 crores
Read MoreOctober 27, 2015 Orient Green Power raises 250 crores DEAL BRIEF Orient Green Power Company Limited has raised INR 250 crore from existing promoters Shriram Venture Limited (SVL) and its subsidiaries and financial investors, including EW Special Opportunities Fund II Pte. Limited and Ecap Equities Limited, through preferential allotment. Orient Green Power Company is one […]
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27 October 2015 at 12 : 14 PM
Dispute Resolution Hotline: Arbitration reforms in India: End of the Endless Saga?
Read MoreOctober 27, 2015 Arbitration reforms in India: End of the Endless Saga? A twelve-month timeline for completion of arbitrations seated in India; Flexibility for parties to approach Indian courts for interim reliefs in aid of foreign-seated arbitrations; Introduction of ‘costs follow the event’ regime; On October 23, 2015, the President of India has promulgated the […]
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26 October 2015 at 16 : 12 PM
M&A Interactive: Mega M&A Deals: Conspicuous by their Absence in India!
Read MoreOctober 26, 2015 Mega M&A Deals: Conspicuous by their Absence in India! 2015 has already seen a record number of “mega M&A deals”1 globally including the recent mega takeovers of SABMiller and EMC Corp by AB InBev and Dell respectively.2 However, by all counts and even by Indian deal market standards mega M&A deals have […]
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23 October 2015 at 19 : 00 PM
Tax Hotline: Procurement Services by Chinese Company Taxable as Fees for Technical Services under India-China Tax Treaty: AAR
Read MoreOctober 23, 2015 Procurement Services by Chinese Company Taxable as Fees for Technical Services under India-China Tax Treaty: AAR There can be no straight jacket formula to determine what is meant by “provision of service,” which may include where services are i) provided; ii) rendered; or iii) utilized. The expression ‘provision of services’ is much […]
