Clipped from: https://economictimes.indiatimes.com/news/india/sc-junks-pil-to-declare-that-nclt-cannot-act-as-appellate-authority/articleshow/84703358.cmsSynopsis “It is not necessary for this court to return any finding on the question sought to be raised in the abstract without any
Category: Legal
Proposed e-commerce rules place unreasonable restrictions, unconstitutional in nature – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/view-proposed-e-commerce-rules-places-unreasonable-restrictions-unconstitutional-in-nature/articleshow/84700538.cmsSynopsis Several provisions of original Rules and proposed amendments are unconstitutional, go beyond the CPA or are vague. E-commerce sector has been a life-line
Karnataka High Court quashes Amazon, Flipkart plea against antitrust probe into smartphone discounts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/karnataka-high-court-quashes-amazon-flipkart-plea-against-antitrust-probe-into-smartphone-sales/articleshow/84668532.cmsSynopsis The Competition Commission of India is investigating allegations that the two companies promote select sellers on their e-commerce platforms and use deep discounts
CG Power fraud: ICAI asks CBI for case details on ‘signing partners’ of auditors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/cg-power-fraud-icai-asks-cbi-for-case-details-on-signing-partners-of-auditors/article35498152.ece?homepage=true Nihar Jambusaria, Pesident, ICAI Nihar Jambusaria, President, ICAI× Seeks from SBI the plaint it filed and forensic audit reports to decide on action
Dice is loaded against minority shareholders – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/dice-is-loaded-against-minority-shareholders/article35496394.ece?homepage=true Caught In the crossfire – istock.com× The courts have left few avenues for grievance redressal in the event of undervaluation of their stake
E-commerce deserves a better deal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/e-commerce-deserves-a-better-deal/article35473357.ece?homepage=true The proposed rules will impose an onerous burden, stifle this nascent sector, hit MSMEs hard and impact consumers The stated goal of the
Justice Srikrishna: Data protection law would have held govt to account | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/project-pegasus-justice-srikrishna-data-protection-law-would-have-held-govt-to-account-7417689/ The data protection law would also have allowed those who have had their phones targeted, by the surveillance malware, to seek legal redressal,
Karan Thapar | Pegasus expose: Will the govt order a real probe?–deccan chronile
Clipped from: https://www.deccanchronicle.com/opinion/columnists/220721/karan-thapar-pegasus-expose-will-the-govt-order-a-real-probe.html claims NSO IT minister has said some of the countries listed in the Pegasus expose as its clients are incorrect. Representational Image (Twitter) How
SEBI’s delisting norms make sense – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/sebis-delisting-norms-make-sense/articleshow/84654415.cmsSynopsis The proposed changes would allow an acquirer to launch an open offer and initiate delisting simultaneously by announcing a takeover price and a
Centre begins review of legal issues in GST – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/centre-begins-review-of-legal-issues-in-gst/articleshow/84643844.cmsSynopsis The review is aimed at clearing the air on issues such as whether services provided by back offices of multinational companies in India
PIL seeks setting up of GST tribunal to cut backlog of cases – The Financial Express
Clipped from: https://www.financialexpress.com/economy/pil-seeks-setting-up-of-gst-tribunal-to-cut-backlog-of-cases/2295879/ “The constitution of National and other Benches of the appellate tribunal under Section 109 of the CGST Act, 2017 is an absolute necessity
Future Group taking contrary positions after deal, Amazon tells Supreme Court – The Financial Express
Clipped from: https://www.financialexpress.com/industry/future-group-taking-contrary-positions-after-deal-amazon-tells-supreme-court/2295864/ Future Group has been instrumental in deciding the key terms and conditions of the deal, which included a provision for an emergency arbitrator.
Dubai tycoon slaps $8 bn suit on BoB, EY in New York for ignoring ‘fraud’ | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/dubai-tycoon-slaps-8-bn-suit-on-bob-ey-in-new-york-for-ignoring-fraud-121072200836_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Founder of Dubai-based firm NMC Healthcare, B R Shetty, claims it sank because the two entities turned a blind eye to a series
Targeting taxpayers | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/targeting-taxpayers-121072201549_1.html Tax department should not issue notices indiscriminately The latest dispute between the Income-Tax Department and some assessees is a good example of the
Arrest, search, summons under GST law not to be affected by Supreme Court’s limitation order, says CBIC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/arrest-search-summons-under-gst-law-not-to-be-affected-by-supreme-courts-limitation-order-says-cbic/article35444786.ece In an effort to provide relief on account of pandemic, the government had extended time limit for various compliances under GST law The
Delhi HC orders CBI probe over mail from ‘DONOTREPLY@incometaxindiaefiling.gov.in’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/delhi-hc-orders-cbi-probe-over-mail-from-donotreplyincometaxindiaefilinggovin/article35413539.ece Assessment Officer denies sending mail from that ID The Delhi High Court ordered a CBI enquiry in a case where an e-mail was
Govt considering options to counter tax-assessment litigations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govt-considering-options-to-counter-tax-assessment-litigations/article35441297.ece Delhi HC had stayed operation of I-T reassessment notices issued after March 31 The government is considering various options to counter tax-assessment litigations.
Charitable trust running medical store required to register for GST, says Gujarat High Court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/charitable-trust-running-medical-store-required-to-register-for-gst-says-gujarat-high-court/article35466064.ece The HC affirmed the ruling given by Gujarat’s Appellate Authority of Advance Ruling and Authority for Advance Ruling The Gujarat High Court held
Swing factor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebis-proposal-to-allow-debt-funds-to-use-swing-pricing-is-a-good-move-but-safeguards-are-needed/article35473315.ece Making AMCs run segregated portfolios for retail and institutional investors may be a better idea – REUTERS Making AMCs run segregated portfolios for
E-commerce deserves a better deal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/e-commerce-deserves-a-better-deal/article35473357.ece Crucial support E-commerce has been a vital lifeline during the pandemic – RAJU V Crucial support E-commerce has been a vital lifeline during