HDFC Bank Limited v. State of Tamil Nadu and T. Karuppiah

By Jay N. Shah & Abdullah Qureshi Introduction: In the case of HDFC Bank Limited vs. State of Tamil Nadu and Anr.[1], the Madras High Court (“Court”) has held that banks and financial institutions cannot

Pegasus Assets Reconstruction P. Ltd. v. M/s. Haryana Concast Limited & Anr. – SARFAESI Act a complete code, harmonious with Companies Act, 1956

By Varsha G Subramanian Introduction A secured creditor has a right to enforce its security interest under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (“SARFAESI Act”). In the case

Amendments to Wakf Properties Lease Rules, 2014

By Priyanka Shingare and Varsha G. Subramanian Introduction The Wakf Properties Lease Rules, 2014 (“Rules) have been recently amended vide notification dated 26 August 2015 (“Amendment Rules”). The Concept of Waqf The concept of Waqf

Sodexo SVC India Pvt. Ltd. v. State of Maharashtra & Ors. – Taxation of meal vouchers

By Sri Vidya and J. Mandakini Introduction The Pune Municipal Corporation levied a 2% Octroi on meal vouchers printed by Sodexo SVC India Private Limited (“Sodexo”), treating them as “goods”. The meal vouchers are issued

SC verdict : VAT on mobile charger higher than mobile handset

By Ashish Kumar Gill The Supreme Court, in State of Punjab & Ors Vs. Nokia India Pvt. Ltd.[1] has held that “a mobile phone battery charger is an accessory to a phone and not a part of

Recent developments in the Negotiable Instruments Act, 1881

By Himanshi Parekh and Abdullah Qureshi M/s. Bridgestone India Pvt. Ltd. vs. Inderpal Singh The Supreme Court in the case of M/s. Bridgestone India Pvt. Ltd. vs. Inderpal Singh[1] has held that pursuant to Sections

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