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CCI probes to be public | Watchdogs on GDR scam | FIIs: GAAR P-note exemption unfair | Del judges train Maha-Raj-Guju judges | US Judge: Smartphone patents absurd

SEBI investigations reveal scam where seven global depository receipts (GDR) were issued between 2003 and 2009, without bringing back any foreign exchange into India against them; RBI may decide penalty on account of possible FEMA violation [Mint]

CCI plans to start posting case details of pending investigations on it’s website, next month onward; Aims to encourage whistleblowers to reveal inside information to be used as evidence in investigations [ET]

Smaller FIIs point out that exempting P-notes, but not FIIs, from GAAR is inconsonant with India’s regulatory policy which otherwise discourages P-notes; FIIs say they have not used P-notes because of such regulatory policy in the last eight years [Business Standard]

SC selects eight additional and district sessions judges from Delhi to train Maharashtra, Rajasthan and Gujarat judges on alternative dispute resolution as a means to reduce mounting case pendency; Delhi solves 81 per cent cases in the year ending May 31 through mediation [DNA India]

US judge Posner dismisses Apple’s claim of patent infringement against Google, “with prejudice”, barring either side to attempt to prove damages again; Posner’s opinion exposes that dispute was ‘pathological and pointless’ and a ‘a gross abuse of intellectual property law that uses the courts as tools for gaining competitive advantage’ [Guardian]

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