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

Friday January 22, 2016. BY J.Mandakini & Varsha G Subramanian | Commercial/Corporate

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

Saturday January 16, 2016. BY J.Mandakini & Varsha G Subramanian | Commercial/Corporate

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

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

Friday January 8, 2016. BY | Criminal

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

Thursday January 7, 2016. BY | Law

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

Thursday December 31, 2015. BY | Law

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

Wednesday December 23, 2015. BY | Tax

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

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