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Date
1
Unboxing The ‘Regulatory Sandbox'
In the recent past, the adoption of technology has caused significant disruption in financial services sector and the financial ecosystem as a whole.
India
17 Jun 2019
2
Fintech - Regulatory And Innovation Sandbox
The Indian fintech industry is rapidly evolving to provide innovative technologies in the financial services sector.
India
17 Jun 2019
3
US Revokes Preferential Status For India Effective From 5 June 2019
United States by way of a Presidential Proclamation dated 31 May 2019 has revoked, effective from 5 June 2019, the ‘beneficiary developing country' status accorded to India under the ‘Generalised System of Preferences' since 1975.
India
14 Jun 2019
4
SEBI Publishes HR Khan Committee Report: Key Points For Consideration Before It Becomes The Law
On 24 March 2019, SEBI released a report on redrafting the SEBI (Foreign Portfolio Investors) Regulations 2014 by the Working Group constituted under the chairmanship of Harun R Khan, for public comments.
India
14 Jun 2019
5
RBI Issues Revised Prudential Framework For Resolution Of Stressed Assets
The RBI issued a revised prudential framework for resolution of stressed assets on 7 June 2019 in supersession of the erstwhile circular on Resolution of Stressed Assets dated 12 February 2019 which was struck down ...
India
11 Jun 2019
6
Karnataka Extends Exemption To It Establishments From Coverage Under Industrial Employment (Standing Orders) Act 1946
The Notification mandates that the Exempted Establishments comply with certain conditions to enjoy the benefits of the exemption granted therein.
India
6 Jun 2019
7
Draft Copyright Amendment Rules, 2019 – Changes Proposed In Statutory Licenses And Functioning Of Copyright Societies
The Ministry has sought comments on the Draft Amendments, which may be submitted till 29 June 2019.
India
5 Jun 2019
8
Supreme Court To Clarify The Position Relating To Arrest Provisions Under GST
The Hon'ble Supreme Court, vide its order dated 29 May 2019, while refusing to interfere with the order of the Bombay High Court, has held that the position regarding the arrest provisions under Central Goods and Services Tax Act, 2017 ...
India
5 Jun 2019
9
A Trade Union Can Initiate Proceedings As An Operational Creditor Under The Insolvency And Bankruptcy Code
The division bench of the Supreme Court of India comprising of Hon'ble Justice Mr R.F. Nariman and Hon'ble Justice Mr Vineet Saran, in its judgment dated 30 April 2019 in J.K. Jute Mill Mazdoor Morcha v Juggilal Kamlapat Jute Mills Company Ltd & Ors ...
India
5 Jun 2019
10
Contempt In An Intellectual Property Dispute Can Land One In Prison
In Cargil India Private Limited v M/s. M.M. Oil Enterprises (Notice of Motion No 1107 of 2019 in COMIP No. 425 of 2017), the Bombay High Court (Court) has once again passed a notable order whereby the Court imposed a sentence ...
India
4 Jun 2019
11
Government Of Kerala Introduces The Kerala Flood Cess
The Government of Kerala has introduced a cess as per clause 14 of the Kerala Finance Bill, 2019 called the "Kerala Flood Cess".
India
4 Jun 2019
12
Geographical Indication And Its Use As Service Marks
Interestingly, the suit was also held to be barred by limitation.
India
3 Jun 2019
13
High Court Of Orissa Allows Input Tax Credit On Goods And Services Used For Construction Of Immovable Property
The Hon'ble High Court of Orissa, vide its order dated 17 April 2019, in in Safari Retreats Private Limited v Chief Commissioner of Central Goods & Service Tax [W.P. (C) 20463 of 2018], has allowed availment of ITC...
India
31 May 2019
14
Copyright Infringement Claim Arising Out Of A Contractual Dispute Held Arbitrable In The Absence Of A Relief For Declaration As To Ownership
Under the scheme of Copyright Act, copyright in inter alia an artistic work subsists the moment a work is created.
India
28 May 2019
15
Expansion Of Ombudsman Scheme
In furtherance of protecting and promoting the interests of the customers in the Non-Banking Finance Companies sector, the RBI has expanded the scope of the Ombudsman Scheme for Non-Banking Finance Companies, 2018.
India
23 May 2019
16
Counterfeiting – No More A Cake Walk
The Bombay High Court has passed an unprecedented order in Nippon Steel & Sumitomo Metal Corporation Vs Kishor D Jain & Anr (Notice of Motion (L) No 810 of 2019 in COMIP (L) No 383 of 2019) imposing costs ...
India
8 May 2019
17
SC: Validity Of An Unstamped/Insufficiently Stamped Agreement In Relation To Section 11(6a) Of The Arbitration And Conciliation Act, 1996
The question that arose before the Supreme Court in the appeal in Garware Wall Ropes Ltd vs Coastal Marine Constructions & Engineering Ltd, Civil Appeal No 3631 of 2019 was whether the earlier judgement of...
India
3 May 2019
18
Competition Law - April 2019
The Competition Commission of India (CCI) closed a case involving allegations of Resale Price Maintenance (RPM) against Kaff Appliances (India) Private Limited (Kaff).
India
12 Apr 2019
19
Employees' Pension (Amendment) Scheme 2014 Struck Down: Employees' Gain Or Employers' Problem?
On 1 April 2019, the Supreme Court of India in Employees Provident Fund Organisation v Sunil Kumar and Ors, SLP (C) 9610/2019 dismissed a special leave petition filed by the Employees Provident Fund Organisation ...
India
11 Apr 2019
20
‘Management Fees' Constitutes ‘Business Income' In The Absence Of Specific FTS Provision In The Relevant Tax Treaty
The Bengaluru bench of the Income-tax Appellate Tribunal vide order dated 28 February 2019, held that consideration received by non-resident entity from an Indian company for performing management services ...
India
8 Apr 2019
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