Author Archives | Nishith TV

7 November 2014 at 23 : 41 PM

Real Estate Update: Foreign Investment Norms for Real Estate Liberalized

November 07, 2014 Foreign Investment Norms for Real Estate Liberalized Minimum area threshold reduced from 50,000 sq ft. to 20,000 sq ft. No minimum area threshold, if 30% project cost is contributed towards development of affordable housing. Are investments in completed yield generating real estate assets allowed? In a recent press release issued in relation […]

5 November 2014 at 23 : 21 PM

Dispute Resolution Hotline: Bombay High Court: Non-signatories bound by arbitration agreement

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November 05, 2014 Bombay High Court: Non-signatories bound by arbitration agreement Bombay High Court: Holds that in an arbitration agreement between two groups, group entities which are not signatories to the agreement may also be made party to the arbitration agreement if they are referred to in the contract. Reiterates that an arbitration agreement ought […]

4 November 2014 at 20 : 27 PM

Round Table + Webinar: Alternate Investment Funds and pass through status: Impact of IAF decision and Circular No. 13/ 2014

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October 30, 2014

4 November 2014 at 20 : 51 PM

Round Table + Webinar: Alternate Investment Funds and pass through status: Impact of IAF decision and Circular No. 13/ 2014

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3 November 2014 at 23 : 07 PM

Regulatory Hotline: Compounding of Contraventions of Exchange Control laws

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November 03, 2014 Compounding of Contraventions of Exchange Control laws RBI delegates additional compounding authority to its regional offices Decentralization intended to bring efficiency to the compounding process and may reduce transaction costs for the applicants An urgent need to simplify procedural and filing requirements to ease compounding The Reserve Bank of India (“RBI”), India’s […]

31 October 2014 at 22 : 57 PM

Tax Hotline: Sham transactions: Recent developments in Indian tax law

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October 31, 2014 Sham transactions: Recent developments in Indian tax law Delhi Tribunal holds that the mere fact that one of the steps in a transaction resulted in capital loss for the taxpayer would not make the series of transactions a sham. Karnataka High Court holds that shares bought at a premium, and sold at […]

29 October 2014 at 23 : 47 PM

IP Hotline: Delhi HC: A Virtual Presence May Mean ‘Carrying on Business’ for Jurisdiction in IP cases

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October 29, 2014 Delhi HC: A Virtual Presence May Mean ‘Carrying on Business’ for Jurisdiction in IP cases Delhi High Court holds that a website selling goods online amounts to “carrying on business” by the Plaintiff under the Copyright Act, 1957 and Trade Marks Act, 1999. Plaintiff’s having virtual but not physical presence may now […]

27 October 2014 at 19 : 14 PM

Real Estate Update: REITs: Tax issues and beyond

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October 27, 2014 REITs: Tax issues and beyond Apart from the tax challenges, there are non-tax issues also that make the Indian REIT unattractive The Securities and Exchange Board of India (Sebi) recently introduced the final regulations for real estate investment trusts (REITs) and infrastructure investment trusts (InvITs). These regulations come on the back of […]

22 October 2014 at 16 : 23 PM