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By Gaurav Jain, Deepesh Jain
Accounting Standard, AS-7- ‘Construction Contracts' issued by ICAI in December, 1983 and subsequently revised in 2002, w.e.f. 1.4.2003 which is mandatory, provides for accounting treatment...
By Vijay Pal Dalmia, Partner, Rajat Jain
The Division Bench of Delhi HC while deciding the writ petition nos. W.P.(C) 3732/2017 and W.P.(C) 3749/2017 has signified the importance of the principle of natural justice in the Indian legal framework.
By Vijay Pal Dalmia, Partner, Rajat Jain
The fact is that the amended provisions of the PML Act, as amended by the Prevention of Money Laundering (Amendment) Act, 2009, came into operation on the appointed date, that is, June 1, 2009.
By Vijay Pal Dalmia, Partner, Rajat Jain
Recently courts have started a new trend acknowledging the utility of services like WhatsApp for service of court notice. The Hon'ble Mr. J. G.S. PATEL, of Bombay High Court in the case...
By Vijay Pal Dalmia, Partner, Rajat Jain
The issue, i.e. whether property acquired by the person from the proceeds derived from an offence before the inclusion of such offence in the schedule of scheduled offence under...
By Vijay Pal Dalmia, Partner, Pavit Singh Katoch
The Benami Transactions (Prohibition) Act, 1988 was amended by the Benami Transaction (Prohibition) Amendment Act, 2016, whereby substantial provisions were added to the existing Act...
By Vaish Associates Advocates
Bonds were converted on January 11, 2012 pursuant to the exercise of conversion rights by the Investors.
By Vijay Pal Dalmia, Partner, Pavit Singh Katoch
Under the Indian laws, any power of attorney executed outside India needs authentication, as it is a requirement that a power of attorney has to be executed in the presence of certain designated officers.
By Vijay Pal Dalmia, Partner, Rajat Jain
Filing and prosecution of trade mark opposition, is one of the most significant remedies available with the brand owner for protecting his or her trade mark
By Vaish Associates Advocates
Thomas J. Rueter, a United States Magistrate Judge has rekindled the debate on online data privacy by allowing sharing of electronic data stored in servers of U.S. companies located outside the United States with the U.S. Government.
By Rohan Shrivastava
Compensation Agreement or Upside Sharing Agreement or Reward Agreement is entered into by private equity firms quite often in the form of a side agreement with top personnel...
By Vaish Associates Advocates
The Supreme Court of India in the case of IDBI Trusteeship Services Limited vs. Hubtown Limited set aside a Bombay High Court ruling which had garnered quite a lot of attention among the foreign investors and in the legal circles.
By Vaish Associates Advocates
Relief for foreign investors: Supreme Court of India sets aside the Bombay High Court ruling in IDBI Trusteeship Services case...
By Vijay Pal Dalmia, Partner, Rajat Jain
As a measure to curb black money, money laundering, corruption and counterfeit currency in India, the Government of India has demonetized the currency notes of Rs 500 and Rs 1000.
By Vaish Associates Advocates
COMPAT, by its order dated November 15, 2016, has set-aside the order of the CCI which dismissed allegations of cartelization and abuse of dominance against IATA and its Indian subsidiary.
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