Commercial Courts Act, 2015 contd. : Important changes in provisions of CPC

PART II – IMPORTANT CHANGES IN THE PROVISIONS OF CIVIL PROCEDURE CODE, 1908 (“CPC”) By J.Mandakini & Varsha G Subramanian The Act provides for a Schedule which amends certain provisions of CPC. These provisions are

Commercial Courts, Commercial Division & Commercial Appellate Division of High Courts Act, 2015

PART I – ESTABLISHMENT OF COURTS AND DIVISIONS FOR COMMERCIAL DISPUTES Introduction The Commercial Courts, Commercial Division & Commercial Appellate Division of High Courts Act, 2015 (“Act”) was enacted on 1 January 2016 with effect

SEBI revamps insider trading regulations

By Varsha G Subramanian Introduction Insider trading refers to use of certain unpublished information related to a public listed company by a person for the purpose of transacting the securities of the company. Insider trading

KSL & Industries Ltd. vs. M/s. Arihant Trades Ltd. & Ors.

The verdict of Supreme Court in KSL Industries Ltd. Vs. M/s. Arihant Trade Ltd. & Ors., delivered on 27th October,2014, held that provisions of Sick Industrial Companies (Special Provisions) Act, 1985 (“SICA”) shall prevail over

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.

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

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