SUPREME COURT RULES: THE SPECIAL/SESSIONS COURTS CAN EXTEND THE TIME LIMIT FOR FILING THE CHARGESHEET UNDER UAPA NOT MAGISTRATE
In a landmark judgment, the three judges bench of the Supreme Court of India, headed by Justice U.U Lalit along with Justice S Ravindra Bhat and Bela M Trivedi on 08.09.2021 while hearing an appeal filed by the Four Accused against the denial of Bail in Bhopal in March 2014,
SUPREME COURT ON ENFORCEABILITY OF EMERGENCY AWARDS UNDER ARBITRATION AND CONCILIATION ACT, 1996
The Hon’ble Supreme court, double bench, in the landmark judgment of Amazon.com NV Investment Holdings LLC V/s Future Retail Limited and Others, Civil Appeal Nos. 4492-4493 of 2021, ruled that the Emergency arbitral awards are orders which were made in accordance with Article 17 (1) of the Arbitration and Conciliation
NULLITY OF RETROSPECTIVE TAX
WHAT IS RETROSPECTIVE TAX? Retrospective Tax is a type of tax which is imposed on transactions which has taken place in the past. The Retrospective Tax was introduced in the year 2012 by the late former Prime Minister and the then Finance Minister Pranab Mukherjee. The Retrospective Tax brought in effect
Tax Retrospectively – No More
WHAT IS RETROSPECTIVE TAX? Retrospective Tax is a type of tax which is imposed on transactions which has taken place in the past. The Retrospective Tax was introduced in the year 2012 by the late former Prime Minister and the then Finance Minister Pranab Mukherjee. The Retrospective Tax brought in effect
Are not the Trusts Perpetual anymore?
According to Section 12A of Income tax Act 1961, the trusts were registered for perpetuity, but after the enforcement of new rules accompanied in the Finance Act 2020, effective from 01.04.2021, the newly incorporated trusts shall be registered under the new procedure mentioned in section 12AB and the existing trusts
Section 138 of Negotiable Instrument Act, 1881: Cheque Bouncing
WHAT ARE NEGOTIABLE INSTRUMENTS? A Negotiable Instrument is a signed document that promises a certain amount of money will be paid to a specified person. The promise is from the promisor who promises to pay to the promisee who will receive the amount. WHAT ARE THE TYPES OF NEGOTIABLE INSTRUMENTS? The types of
ONLINE GAMING IN INDIA
WHAT IS THE MEANING OF ONLINE GAMING? Online games are games that are played partially or wholly through the internet. It can be played individually or it can also be played along with other players available at that period of time. With technological growth, the online gaming system has become a
HALLMARK REGISTRATION IN INDIA
HALLMARK REGISTRATION IN INDIA WHAT IS A HALLMARK? A hallmark is a mark or a stamp that is put on objects of trade mostly, Gold and silver items to depict the purity, genuineness, and origin of the product. It was not compulsory earlier, however, from 16.06.2021 it has been made mandatory on
Social and Legal Aspects of NRI Marriages in India
In today’s time, people are fascinated by the idea of settling outside India. Everyone dreams of having a job or business in other developed countries at least once in a lifetime. Those who get successful in the process of settling outside are called Non-Resident Indians. After settling outside, many Indians
ASIA PACIFIC EMPLOYMENT LAWS
WHAT IS THE ASIA PACIFIC REGION? The Asia-Pacific is the part near the Western Pacific Ocean and generally includes East Asia, South Asia, Southeast Asia, and Oceania. The Asia-Pacific region has kept on bringing high economic development rates surpassing those in different regions and has therefore come to be known as the