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As per the market regulator Securities and Exchange Board of India’s (SEBI) order dated March 31, 2017, in the Kamat Hotels (India) Limited (Kamat Hotels) case, Clearwater Capital (Clearwater) had subscribed to the foreign currency convertible bonds (FCCBs) of Kamat...
©Cyril Amarchand Mangaldas
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As per the market regulator Securities and Exchange Board of India’s (SEBI) order dated March 31, 2017, in the Kamat Hotels (India) Limited (Kamat Hotels) case, Clearwater Capital (Clearwater) had subscribed to the foreign currency convertible bonds (FCCBs) of Kamat...
©Cyril Amarchand Mangaldas
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By *Vijay Pal Dalmia, Advocate & Partner Vaish Associates  Email: Mobile: 09810081079 & Rajat Jain, Advocate, Email: Mobile: 09953887311 The issue, i.e. whether property acquired by the person from the proceeds derived from an offence before the inclusion of...
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As I near the fag end of my law school journey, I wrote down a couple of things I wish I had done during college (basically things I wish some senior in college had told me while I got into law...
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by sflc_admin    |    May 5, 2017India has seen a steep rise in the number of Internet shutdowns over the last few years. At SFLC.in, we have been tracking such instances of Internet shutdowns – see our dynamic Internet...
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by sflc_admin    |    May 5, 2017The last one year has seen a number of interesting developments around the Aadhaar project, such as the notification of the Aadhaar Act, Aadhaar enrolment being made mandatory for availing various benefits and...
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by sflc_admin    |    May 4, 2017Arguments in the Supreme Court litigations around linking Aadhaar with PAN, challenging the constitutionality of Section 139AA of the Income Tax Act, were concluded today by Senior advocate Mr. Arvind Datar (also see...
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The arguments in the writ petition challenging the vires of Section 139AA of the Income Tax Act continued for the sixth (and final) day today. The counsel for Mr. Binoy Viswam continued his rejoinder submissions today. A summary of arguments...
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The petition filed against the Delhi High Court’s ruling on the challenge to WhatsApp’s privacy policy was heard by a bench of five judges of the Supreme Court last week. This decision upheld the updated policy, subject to a few...
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The arguments in the case challenging the constitutionality of s. 139AA of the Income Tax Act (IT Act) continued for the fifth day today. Summaries of arguments advanced on the first four days can be accessed here. Today, the Central...
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by sflc_admin    |    May 3, 2017The ongoing challenge in the Supreme Court regarding the linking of Aadhaar for filing of income tax returns, and making it mandatory for PAN, has reached Day 5 when the Union of India...
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The arguments in the writ petition challenging the constitutionality of Section 139AA of the Income Tax Act (IT Act) continued for the fourth day today. This provision mandates individuals to link their Permanent Account Number (PAN) with their 12 digit...
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by sflc_admin    |    May 2, 2017The State’s reply in the Aadhaar-PAN linking case was heard today (our coverage of arguments from previous hearings can be accessed at these links: Day 1, Day 2, Day 3). Attorney General, Mr....
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by sflc_admin    |    April 28, 2017The hearing for the Aadhaar-PAN case spilled over to day 3 with Senior Counsel, Shyam Divan making his concluding remarks. Attorney General, Mukul Rohtagi, representing Union of India is scheduled to raise his...
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In the on-going case challenging the constitutionality of Section 139AA of the Income Tax Act (‘IT Act’), the petitioners concluded their arguments today. Our coverage of the arguments made over the last two days can be found here and here.Today,...
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