About 1560 results

Bhumesh
Bhumesh Verma 18 May 2018

IMPLICATIONS OF EXPANDING THE SCOPE OF GOOGLE TAX
IntroductionOnline advertising primarily promoted by digital giants such as Google and Facebook generatesconsiderable revenue for them. The Indian government with an aim to tax such revenue had introduced a new tax called the equalization levy or the `google tax’ as…

LEXSTREET ADVISORS LLP

FINANCE MINISTRY MAKING LAW FOR PROMOTING & PROTECTING FOREIGN INVESTMENTS
India is working on a framework that will provide legal backing for a stable and predictable foreign investment regime in the country as it looks to attract more capital to help create jobs and accelerate economic growth. The law that is…

NISHANT
NISHANT MEHROTRA 17 May 2018

Use of a vehicle in a public place without a permit is a fundamental statutory infraction.
SC :: Motor Vehicles Act, 1988 - S. 66 - Use of a vehicle in a public place without a permit is a fundamental statutory infraction. Held :: The insurer had taken the plea that the vehicle in question had…

NISHANT
NISHANT MEHROTRA 17 May 2018

Dispute among stakeholders in corporate debtor company is not ‘dispute’ as contemplated u/S. 5(6) of Insolvency and Bankruptcy Code
NCLAT has held, in an appeal against a common order passed by the NCLT’s Allahabad Bench, that any dispute within a corporate debtor company (“debtor”) is not one defined in the Insolvency and Bankruptcy Code (the Code), which only takes…

NISHANT
NISHANT MEHROTRA 16 May 2018

Electricity authorities are not entitled to disconnect power supply, being essential service with reference to corporate debtor, for non-payment of electricity bill during the moratorium period
NCLT Ahemdabad Bench :: Insolvency and Bankruptcy Code, 2016 – Section 14 – Moratorium – Supply of essential service to corporate debtor – Power of Adjudication Authority to declare – Can electricity authorities disconnect power supply to corporate debtor –…

NISHANT
NISHANT MEHROTRA 16 May 2018

Additional substantial questions of law in the second appeal only be framed during the hearing and not in the judgment
SC :: High court can frame additional substantial questions of law in the second appeal only during the hearing and not in the judgment.High court had allowed the appeal on the two additional questions, which were framed in the judgment…

Inkeshaf Ahmed
Inkeshaf Ahmed Md 15 May 2018

A Police Officer with a difference
You may have come across several no nonsense police officers, who always think that their duty is to only ensure law and order and nothing else. But, we have a completely different police officer, who does everything with the sole…

NISHANT
NISHANT MEHROTRA 15 May 2018

Excessive delay by the Tribunal in passing judgement shakes the confidence of the litigants.
 ITAT Mumbai :: in Greaves Limited vs. CIT :: Income Tax Act, S. 254(2) r.w Rule 34(5): Excessive delay by the Tribunal in passing judgement shakes the confidence of the litigants. Under Rule 34(5) of the Tribunal Rules read with Shivsagar…

LEXSTREET ADVISORS LLP

AMENDMENTS in Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015,
The Government, on May 3, 2018, promulgated an Ordinance (Ordinance) amending the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015 (Act). These amendments are an attempt to expand the scope of commercial courts in India.…

NISHANT
NISHANT MEHROTRA 15 May 2018

Dishonour of Cheque - Notice Returned Unversed / Unclaimed - When Notice said to have been Served on Accused ?
Kerela High Court :: Reckoning of the date of deemed receipt as the date of return of notice as in the instant case, where the notice has been returned unserved/unclaimed is unlikely to result in any prejudice to even the accused,…
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