x

Articles

Our attorneys and specialists remain up-to-date with the latest legal developments and offer their perspectives and critical commentary.

articles

Direct Tax

Tax treatment of exchange fluctuation loss on ECB

July 23 2014

One of the most apprehensive subjects for India for last couple of years has been the dwindling rupee value which besides triggering inflation and broadening the current account deficit has also augmented certain tax related issues.

International Trade & WTO

Investment protection - Investing in confidence

July 23 2014

The divergence between a nation’s domestic laws and the provisions in international treaties is not something new.

Satellite Communications Policy in India – Time to revisit and revise

July 23 2014

Recently, the Indian Space Research Organization, popularly known as ISRO, launched a PSLV C-23 rocket carrying a French Earth Observation Satellite along with four other satellites belonging to Germany, Canada and Singapore.

Intellectual Property Rights

Is new hardware required for patenting computer implemented inventions in India?

June 20 2014

Interpretation of Section 3(k) of the Patents Act, 1970 (the Act) that imposes an absolute bar on patentability of business methods, mathematical methods, algorithms and computer programs per se continues to remain a contentious issue for applicants and IP professionals in India.

Corporate Advisory

Committees under the Companies Act, 2013

June 17 2014

With an eye on improving governance the Companies Act, 2013 (2013 Act) mandates a number of Board committees for specified companies for audit, nomination and remuneration, Corporate Social Responsibility and stakeholders relationship. Clause 49 of the Listing Agreement also envisages such committees for listed entities.

How impartial is service tax law to partial constructions?

June 11 2014

Section 66E(b) of the Finance Act, 1994 enacted pursuant to the introduction of the negative list regime with effect from 1-7-2012 reads as under:

International Trade & WTO

Unforeseen developments under safeguard investigations – International standard and Indian practice

June 06 2014

By Tarun Bhati Introduction WTO Members who initiate and conduct safeguard investigations are required to abide by the requirements of both, the WTO Safeguards Agreement as well as GATT, Article XIX. Article XIX: 1(a) of GATT states, in relevant part, as follows: “If, as a result of unforese

Intellectual Property Rights

Issue of design-copyright interface – A ‘triable issue’

May 26 2014

The High Court of Madras, in a recent decision in the matter of Standard Corporation India Inc., v. Tractors and Farm Equipment Ltd [see end note 1].

Securities Laws

The perfect Share Purchase Agreement

May 16 2014

Share Purchase Agreements (SPA) come in different colors and shapes - long, short, detailed, complicated, conditional, two or multi-party. One common thread is the need to make SPAs balanced and most importantly, enforceable.

Centrica’s law on secondment of employees – Hurting hard UK companies

May 15 2014

By Sumeet Khurana & Ashish Karundia In this era of rapid globalization, the multinational companies (MNCs) are increasingly outsourcing ‘non-integral’ and ‘non-revenue generating’ (business support) functions to their subsidiaries or to third party vendors, located in low cost jurisdiction such

Direct Tax

Centrica’s law on secondment of employees – Hurting hard UK companies

May 15 2014

In this era of rapid globalization, the multinational companies (MNCs) are increasingly outsourcing ‘non-integral’ and ‘non-revenue generating’ (business support) functions to their subsidiaries or to third party vendors, located in low cost jurisdiction such as India.

International Trade & WTO

India’s stand before WTO as an instance of evidence in trade remedy investigations

May 08 2014

This article presents a short analysis of the recently issued final findings in the safeguard review investigation on imports of PX-13 also known as 6 PPD into India, issued by the Directorate General of Safeguards (“DG”) on 24 April 2014.

Browse articles