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News & Briefings

The latest updates on relevant areas of law, curated by our team to be the most useful to clients as well as fellow legal practitioners.

News

Conversion of shares and increase of authorized share capital, when illegal

November 07 2016

In the present petition before the Supreme Court, the contention of the respondents (“Sanwalka Group”) was that the company had come under the control of the appellants (“Gupta Group”) by various actions and omissions.

New All Industry Rates of Drawback notified

November 04 2016

Central Board of Excise and Customs (CBEC) has notified new All Industry Rates (AIR) of Duty Drawback which are effective from 23-11-2015, i.e. will be applicable on exports made from 23rd of November 2015.

New All Industry Rates of Drawback notified

November 04 2016

Indian Ministry of Finance has revised the All Industry Rates (AIR) of Drawback, payable to the exporters by the Revenue department to neutralize various duties suffered by the former in respect of goods exported.

AEOs allowed to pay Customs duties on fortnightly basis

November 04 2016

Customs duties payable on import of goods in India can now be paid on fortnightly basis by specified Authorised Economic Operators - importers.

Companies (Mediation and Conciliation) Rules, 2016 notified

October 08 2016

The Ministry of Corporate Affairs vide its Notification dated 9 September, 2016 has notified the Companies (Mediation and Conciliation) Rules, 2016 (“Rules”).

Recovery of arrears when a company is no longer a ‘sick’ company

October 08 2016

The Hon’ble Supreme Court of India, recently pronounced a judgement on a very interesting issue regarding recovery of arrears when a company is no longer a ‘sick’ company.

Arbitration – Scope of enquiry under Section 45 to not include enquiry of legality and validity of substantive contract

October 08 2016

The Hon’ble Supreme Court of India in its case of Sasan Power Limited v. North American Coal Corporation India Private Limited on 24 -8-2016 has held that the scope of enquiry under  Section 45 of the Arbitration and Conciliation Act, 1996, is confined only to the question – whether the arbitration agreement is “null and void, inoperative or incapable of being performed” and not on the legality and validity of the substantive contract.

Trademarks – Not every domain name entitled to trademark protection

October 07 2016

Bombay High Court has refused to grant an interim injunction in a suit for trademark infringement and passing off in favour of the plaintiff, who is the registered proprietor of the mark and domain name “shaadi.com”.

Trademarks – Opposition or non-grant of trademark registration immaterial in case of passing off

October 07 2016

Delhi High Court on 16-9-2016 has made absolute the interim injunction granted by it to restrain the defendant from copyright infringement in the trade label along with a device and for passing off its trademark with device of “Taj Mahal” used on the rice.

Copyrights – Photocopying of portion of book when is not infringement

October 07 2016

Delhi High Court on 16-9-2016 has held that action of the University (defendant) of making a master photocopy of the relevant portions of the books purchased by it and keeping in its library,  making further photocopies out of the said master copy and distributing the same to the students does not constitute infringement of copyright in the said books.

Copyright of author in a song and sound recording, prior to 2012 amendment

October 07 2016

The Supreme Court on 20-9-2016 has held that prior to the amendment in 2012, to the Copyright Act, 1957 the author of copyright in a work (song) could not claim royalty for further exploitation of derivative work (sound recording).

Testing whether a transaction is sale or service

September 29 2016

The High Court of Bombay in [Mahyco Monsanto Biotech (India) P Ltd v. UOI, 2016 (44) S.T.R 161 (Bom.)] examined whether the transaction undertaken by the petitioners would be exigible to service tax or to VAT where the petitioners were involved in different transactions though both urged that their transaction was a service and not a sale.

Websites containing pirated/illegal content to be blocked, and not URLs alone

September 14 2016

The Division Bench of the Delhi High Court has allowed the review petition and recalled its order dated March 10, 2016 which restricted the span of the ex-parte ad-interim injunction by directing that the specific URL should be blocked.

Trademarks – No case of passing off in use of word ‘Privee’

September 14 2016

The High Court of Delhi on 8-8-2016 has dismissed the suit for permanent injunction to restrain the defendant from using trademark “PRIVEE” or any other trademark or logo / device which is identical or deceptively similar to the plaintiffs’ trademark “MBD PRIVE” and “PRIVE” or which incorporates the word “PRIVE”.

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