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Radical changes in the Foreign Direct Investment regime
INDIA- It is observed that India has the potential to attract even more foreign investment which could be achieved by liberalising ...
Mare Maritime Singapore Pte Ltd Vs. M.T. Everrich 8 [Notice of Motion (L) No. 2418 of 2015 in Admiralty Suit No. 854 of 2015]
Background: The owners of EVERRICH 8 (the Vessel), through their subsidiary Yuanland Ltd, entered into voyage charterparty with Rakha Al Khaleej International LLC ...
Multiple lenders = multiple stamping
On August 11, 2015 the division bench of the Supreme Court of India overturned a full bench decision of the Gujarat High Court in the matter of Coastal Gujarat Power Limited v. Chief Controlling Revenue Authority....
Indian patent office revokes Hoffman-La Roche’s ‘Valganciclovir’ patent
The Controller of Patents (India) recently revoked the patent granted for the anti-retroviral drug ‘Valganciclovir’ used for treating active cytomegalovirus retinitis infection (CMV) ...
Urban reforms – three urban rejuvenation schemes launched
There is a compelling need to develop sustainable and technology-driven urban centres, partly as the burgeoning urban population is creating pressure on existing cities and partly to address the growing ...
Highlights of the Companies (Amendment) Act, 2015
The Companies (Amendment) Act, 2015 (Amendment Act), which aims to amend the rigidities of the Companies Act, 2013 (Act), has ...
India - Projects, energy and infrastructure update
Including: Long-term infrastructure bonds;Smart cities mission and urban rejuvenation scheme; Railways to e-auction re-development of stations; New hybrid annuity model of PPP for the road sector; Shell set for global acquisition of BG; and IFC signs master co-operation agreement ...
The New Land Bill – ground reality
The Right To Fair Compensation And Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015 (2015 Bill) was …
Prima Facie Validity of a registered trade mark in India – A strong but rebuttable presumption
The Indian trademarks law recognises both statutory as well as common law remedy to protect the rights of the proprietor of a trade mark. However, it is well-known that …
Insurance Laws (Amendment) Bill passed as ordinance in India
The long-awaited Insurance Laws (Amendment) Bill (the Bill) has become a provisional law in India. The Bill, which could not be passed in Parliament in its winter session, was promulgated by the President …
Need for uniform stamp duty incidence across all States of India
‘Stamp Duty’ is a tax levied on an instrument by which any right or liability is, or purports to be created, transferred, limited, extended, extinguished or recorded …
‘Make in India’ campaign: Opportunities for investors
With a vision of leading the economy towards a path of high sustainable growth, the Prime Minister of India on September 25th, 2014 launched the ‘Make in India’ campaign. Through the …
Bumpy road ahead for vehicle manufacturers in India – pulled up by the competition watchdog
South Asian markets are one of the fastest growing markets for vehicle manufacturers worldwide. However, doing business in South Asia has its own challenges. The anti-monopoly watchdog of India …
Introduction of real estate investment trusts in India
The Real Estate Investment Trusts (REITs) in India have been in the news for some time. The World Bank1 describes REIT as a security sold to investors for the purpose of investing in real estate. REITs …
SC Larger Bench decision in case of Kone Elevators – distinction between ‘contracts of sale’ vis-a-vis ‘works contract’
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Companies Act, 2013 – implications for investors
One of the recent initiatives of the Indian Government towards ensuring sustainable economic growth and improving investment climate is enactment …
India Update, inc. Medical device controls
An overview of how and where regulatory controls apply to medical devices in India. Plus: key judgements passed by the Hon’ble Supreme Court; changes in corporate and commercial matters; and case laws in indirect taxation.
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Radical changes in the Foreign Direct Investment regime
INDIA- It is observed that India has the potential to attract even more foreign investment which could be achieved by liberalising ...
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