WEEKLY ROUND UP
Business & Regulatory
- “Ministry Of Corporate Affairs Notifies The Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudication Authority) Rules, 2019.”
- Contract manufacturing eligible for 15% tax benefit
- Companies can now fix appointment date for mergers
- Facebook can be forced to delete content worldwide. EU Top Court reports
Legal
- An unregistered Assignment Deed holds no validity under the Trademarks Act, 1999; Court need not hold trial in a commercial suit if Defendant lacks a real prospect of success.
- Company against which money laundering case has been initiated cannot be allowed to be a member of CoC to be a oar
- A Financial Creditor cannot challenge the insolvency proceedings initiated by another financial creditor on the ground of superior claim. (NCLAT)
- Employee should know service rules not for employer to advice about it. (Supreme Court)
- Trademark Infringement: 12 Firms banned from selling Patanjali goods in International market. (Delhi High Court)
- Abuse on account of collective dominance not recognised by Indian Competition regime. (Competition Commission of India.)
Doing Business in India- Foreign Direct Investment
According to World Bank India has emerged as the fastest growing global economy in the world. Post demonetization of 2015 the Country has seen major structural and economic reforms both at Central and State Government level with a slew of amendments to the existing laws and introduction of Goods and Service Tax, introduction of Introduction […]
Real Estate Laws in India- An overview
The Real Estate sector is one of the most recognized sectors in the world. Here we discuss the laws and investment opportunities available in the real estate sector in India.
Amendments to FDI Policy
The Union Cabinet approved certain amendments to the Foreign Direct Investment (“FDI”) policy, by way of a press release dated August 28, 2019 (“PR”). Thereafter the department for the promotion of Industry and Internal Trade (DPIIT) has issued Press Note No. 4 of 2019 dated 18th of September 2019 notifying the changes to the foreign […]

