Mergers & Acquisitions / PE | Regulatory Laws

Stamp duty payable on scheme of Amalgamation

December 06 2016

A recent Bombay High Court judgement [ see end note 1] sparked a debate amidst corporate lawyers on the issue of stamp duty payable on the order sanctioning the scheme of amalgamation where the transferor and transferee companies have registered offices in two different States in India.

Direct Tax

Implication of amalgamation on assessment proceedings

November 22 2016

A company is a juristic personality which not only comes into existence by operation of law but its cessation also takes place by operation of law.

Intellectual Property Rights

Doctrine of lifting of corporate veil in trademark law

November 16 2016

Corporate personality is considered as one of the most dynamic concepts of company law. It is premised on the principle that a company is regarded as an entity distinct from the shareholders constituting it.

Input Tax Credit under GST regime – Make it seamless

November 15 2016

The new Goods and Services Tax (GST) is a comprehensive indirect tax on manufacture, sale and consumption of goods and services across India.

International Trade & WTO

Alignment of ‘Period of Investigation’ in AD and CVD investigations to avoid double remedy

November 09 2016

Paragraph 5 of Article VI of the General Agreements on Tariffs and Trade, 1994 (hereinafter referred to as “GATT”) states that “No product of the territory of any contracting party imported into the territory of any other contracting party shall be subject to both anti-dumping and countervailing du

Corporate Advisory | Securities Laws

Corporate Governance issues in Compensation Arrangements: Analysis of SEBI’s Consultative Paper

November 04 2016

Last year, the Securities and Exchange Board of India (“SEBI”) introduced the Listing Obligations and Disclosure Requirements Regulations, 2015 (“Regulations”). These Regulations were brought in to provide for a consolidated flow of disclosures

GST – A look at certain grey areas in transition provisions

October 24 2016

The date of implementation of Goods & Services Tax (GST) is now certain and from 1st April, 2017, India will enter the new indirect tax regime bringing great deal of uniformity and robustness which will impact every business and industry.

Direct Tax

Do taxes cloud the novelty of SARs?

October 15 2016

Conceptually different from the Employee Stock Option Plan a.k.a ESOP, a household term in India, Stock Appreciation Rights, also known as SARs are a novel way of rewarding the employees of an organisation by granting them the right to benefit from any appreciation in the value of the common stock (

Intellectual Property Rights

Trade-dress Infringement - It’s all about the looks

October 15 2016

The Indian Trade Marks law has no explicit provision relating to trade dress. However, the same is impliedly incorporated within the meaning of “mark” in Section 2(1)(m) of the Trade Marks Act, 1999 which includes the shape of goods, their packaging and combination of colours.

International Trade & WTO

Targeted dumping: An examination

October 12 2016

Targeted dumping is dumping that is targeted at a certain purchaser, region or time period. The law permits the use of an alternative methodology for computation of the dumping margin if there is targeted dumping.

A primer on e-commerce business and related laws in India

September 30 2016

E-commerce, in recent times, has mushroomed and has now touched all forms of business transactions in the country. Due to the ease, safety, security and convenience provided by electronic payment systems, E-wallets or mobile wallets have taken over the traditional system of payments.

GST – A look at draft rules on registration and invoices

September 29 2016

India is on the expressway in implementing the biggest reform ever in its indirect tax system. Till July, possibility of implementation of Goods & Services Tax (GST) was perceived as riddled with uncertainty but the Indian political parties have come together and ensured that the Indian Constitutio