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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

Reporting of fraud by auditors - amendments come into force

December 28 2015

Provisions of Sections 14 and 15 the Companies (Amendment) Act, 2015 (21 of 2015), that amend Sections 143 and 177, respectively, of the Companies Act, have come into force from the 14-12-2015.

US Court rules on whether display of results in web search can infringe

November 12 2015

In yet another interesting tussle between retailers who chose not to opt for a particular e-commerce portal and the inevitable, may be, unintended results of the internet search yielding trademarked goods in the results page, the United States Court For Appeals for the Ninth Circuit (CAFC) put forth its views on initial interest confusion, possibility of confusion, intention to confuse and infringement.

GST in India – Reports on business processes released

November 03 2015

The Joint Committees on Business Processes for Goods & Services Tax (GST), set up by the Ministry of Finance, have given their reports providing a broad outline of the processes to be followed in respect of registration, payments, refunds and in case of filing of returns under the proposed GST regime by the assessees.

Trademarks - ‘First in market’ relevant over ‘first to register’

October 26 2015

The Supreme Court of India has upheld the interim injunction granted by the trial court on the basis of ‘first in the market’ test in a dispute where the defendant had filed for registration of the mark six years prior to the commencement of user by the Plaintiff, but had refrained from using the mark.

Arbitration when party initiates proceedings to blacklist another

October 26 2015

Punjab & Haryana High Court has held that it is open to parties to refer the issue of blacklisting to arbitration.

SEBI has jurisdiction in respect of CIS offered by Trust

October 26 2015

Securities Appellate Tribunal has held that the fact that Section 11AA(2) of the SEBI Act, 1992 refers to any scheme or arrangement made or offered by any ‘company’ would not mean that the jurisdiction of SEBI to regulate Collective Investment Scheme  (CIS) is restricted to any scheme or arrangement made or offered by any company registered under the Companies Act, 1956 only.

Area allocation when not anti-competitive

October 26 2015

The Competition Commission of India on 12-10-2015 has held that though the Opposite Party 1 in the case before it had indulged in anti-competitive practices by involving in area allocation in respect of its distributors and stopping supplies to the informant in the case, there was no adverse effect on competition.

Provisional release by Customs – Jurisdiction for appeal

October 21 2015

Delhi High Court has held that appeal against provisional release of goods can be filed before Commissioner (Appeals).

No anti-dumping duty after expiry of provisional duty and before imposition of final ADD

October 13 2015

The Supreme Court of India has held that Anti-dumping duty is not imposable on imports made during the period after the expiry of the provisional anti-dumping duty and before imposition of the final/definitive anti-dumping duty.

Windmill doors are part of wind operated electricity generators

August 28 2015

The Supreme Court of India has held that windmill doors and electrical boxes are components and/or parts of wind operated electricity generators (WOEG).

No Service Tax on indivisible works contracts prior to 1-6-2007 – SC

August 25 2015

The Supreme Court of India has held that indivisible works contracts were not liable to Service tax prior to 1-6-2007 under various entries of the Finance Act, 1994.

Interpreting ‘articles that infringe’

August 13 2015

Two developments regarding investigation under 19 U.S.C. § 1337 (Section 337) covering Unfair practices in import trade including ‘articles that infringe’ a valid enforceable US patent, are of interest.

Australia proposes new green-gold standard for COOL

August 11 2015

USA went through a long drawn battle to protect its COOL (Country Of Origin Labelling) measures which were held to be protectionist and discriminatory. It seems to have inspired rather than deterred Australia from introducing its own labelling requirements.

Negotiable Instruments Act - Liability of a company and persons in charge

August 03 2015

The Supreme Court of India has ruled that under Section 138 of the Negotiable Instruments Act, 1881, it is the drawer of the cheque alone that attracts liability.

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