We are back this time, bigger and better. Creating new benchmarks and pushing boundaries. NLIU is proud to hold the fifth edition of the INADR International Law School Mediation Tournament from 25th November to 27th November. With 40 teams participating we...
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Bikram Chaudhuri
(Partner and Head of Litigation & Dispute Resolution
Abhay Nevagi & Associates, Advocates)
Who among us has not been entranced by the drama and intrigue of a legal trial? The annals of legal literature, both fictional and historical, have...
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The Securities and Exchange Board of India (SEBI) issued a
press release (PR No. 161/2016) of the quarterly board meeting held
on November 23, 2016. The salient features of the decisions taken by
SEBI regarding the AIF industry and investment...
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Mr. Pradeep S Mehta is the founder Secretary General of the Jaipur-based Consumer Unity & Trust Society (CUTS International), a leading economic policy research, advocacy and networking, non-governmental group in India, with offices in Nairobi, Lusaka, Accra, Hanoi and Geneva.In...
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The Government has, pursuant to gazette notification no. 2652
dated November 8, 2016, ceased to recognise Rs.500 and Rs.1000
rupee denominated bank notes (“Specified Bank Notes” or “SBNs”) as
legal tender with effect from November 9, 2016, with an intention
to...
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On November 8th, Mr.Narendra Modi’s Central Government launched a sudden and a historically unprecedented demonetisation of Rs.500/Rs.1000 notes. The preparation until then was said to be fundamentally ‘secretive’ and known to none except the Prime Minister and the Governor of the...
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The recently published FAQs by the CCI clarify that any joint venture involving a transfer of assets will have to be notified to the CCI under the Combination Regulations.
Background The Competition Commission of India (CCI) regulates combinations i.e. acquisitions,...
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The Winter Session of Parliament started today. Lok Sabha was adjourned for the day after obituary references. Rajya Sabha suspended scheduled business to take up discussion on demonetisation of currency. Members from across political parties raised their concerns about the various...
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In August of 2016, the Competition Commission of India (CCI) passed an order in the case of Builder’s Association of India (2016 Order) predominantly re-affirming its earlier order of June 2012 in the same matter (2012 Order).By way of a...
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©Cyril Amarchand Mangaldas
Author: Anshuman Sakle and Bharat Budholia
The Office of the Director General (DG), being the investigative arm of the Competition Commission of India (CCI), has conducted two search and seizure operations thus far. The first of these, more popularly known...
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©Cyril Amarchand Mangaldas
Dear Reader,
The last couple of years have been a watershed in the Indian Arbitration scene. While the Courts across the country have done their bit to support arbitration as the preferred mode for dispute resolution within the country, the legislature...
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Day 3 began with Mr. Shyam Divan’s arguments. He continued from the previous day and recapped the structure and scheme of his arguments. He began with the subject of corrupt practice and attempted to show how it has been dealt...
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Today, a seven-judge Constitutional Bench of the Supreme Court of India comprising of Chief Justice T.S Thakur and Justices Madan B. Lokur, S.A Bobde, A.K Goel, U.U Lalit, D.Y Chandrachud and L.N Rao commenced hearing a batch of petitions to...
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This post pertains to Questionnaire published by the Law Commission of India about reforming personal laws and the uniform civil code. The post is in two parts (both published in this post). The first part of the post attempts to answer...
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Section 145 of the Income tax Act, 1961 (“the Act”), as amended by the Finance Act, 1995, empowered the Central Government to notify the Accounting Standards to be followed for computing income under the head “Profits and Gains of Business or...
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