Bombay HC ruling in favour of Vodafone in transfer pricing case

By Saurav Agarwal The judgment of a division bench, headed by Chief Justice Mohit Shah and Justice M Sanklecha, of the Bombay High Court on October 10, 2014 in Vodafone India Services Pvt. Ltd. v.

Transmission of arbitral award not required for execution, Karnataka HC clarifies the position

By Srinivas Atreya Chatti The Karnataka High Court has, in a recent order dismissing a Writ Petition (Chandrashekhar v. Tata Motor Finance Ltd & Others)[1], clarified that for the purpose of executing an arbitral award

CCI rejects plea to repeal IRDA (Licensing of Bancassurance Agents) Regulations, 2012

By Balram Patwa In Re Dilip Modwil v. IRDA [Decided on 12 September, 2014] Brief of the case Dilip Modwil (the “Informant”) approached the Competition Commission of India (“Commission”) through an application u/s 19(1)(a) of

Vijay Kumar Shailendra vs. The Delhi HC Legal Service Committee : Jurisdiction of cheque dishonour cases

By Shuchi Mehta The Supreme Court has given one more judgment indicating that courts should take the jurisdiction in cheque dishonor cases only if the bank that dishonored the cheque is situated within its jurisdiction.

External commercial borrowing by foreign lenders in rupees

By Varsha G Subramanian Borrowing of fund by Indian companies from overseas are regulated by the External Commercial Borrowing (“ECB”) guidelines[1] prescribed by Reserve Bank of India (“RBI”). Recently, RBI eased the procedures relating to

Bombay HC judgement in Ramanbhai Patel case settles “At Par” issue in deciding jurisdiction of cheque dishonour

By Shuchi Mehta On August 1, 2014, the Supreme Court delivered a landmark judgment in the Dashrath Rupsingh Rathod vs. Bank of Maharashtra & Anr.[1] Case in which the Apex Court held that cheque dishonor

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