April 2013, May 2013 & June 2013
REGULATORY AND CASE LAW UPDATES
RBI's clarifies queries on guidelines for licensing of new banks in the private sector, Guidelines issued for investment by CIC’s in insurance business, ECB policy modified, private placement of debt instruments by NBFCs to be regulated, law on prevention of sexual harassment at workplace passed, SEBIs issues clarifications on listed company mergers, Supreme Court clarified position of secured creditors/banks vis-à-vis workmen’s dues of a company facing winding up, Karnataka High Court allows government to withdraw from its promise of giving a tax benefit, ITAT holds website is not a permanent establishment unless servers also located in India, DTH Services can be subject to entertainment tax-SC, Supreme Court’s verdict on the Novartis case.
February 2013 & March 2013
REGULATORY AND CASE LAW UPDATES
“RBI guidelines for licensing of new banks in the private sector, SEBI Guidelines for conversion of IDR’s into equity shares, changes to the exemptions under Service Tax, the Supreme Court’s decision to give a nod to composite arbitrations, Delhi High Court’s views on competition and the tort of unjust commercial enrichment, the Competition Commission’s reasons for finding BCCI guilty of abuse of dominant position”
January 2013
INTERNATIONAL COMMERCIAL ARBITRATIONS – CRAFTING INDIA TO BE A PRAGMATIC CHOICE AS THE SEAT?
The Bharat Aluminium Co. Vs. Kaiser Aluminium Technical
Services, Inc. judgment (“BALCO Judgment”) of the Supreme Court of India (“Supreme Court”) has removed all the anomalies regarding the applicability of the Part I
of the Arbitration and Conciliation Act, 1996 (“Arbitration Act”) to international commercial arbitrations outside India The Supreme Court revisited the doctrine
