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Lawyersclubindia News


RBI makes exchange of damaged currency notes hassle-free

   10 July 2008 at 15:39

Exchanging soiled and damaged currency notes with fresh ones has been made easier with the Reserve Bank asking banks to set up facilities in this regard at their branches. Even the mutilated currency notes, with essential features in tact, can be ex ..

Posted in Corporate Law |   2516 Views


Ambani bros indulge in legal shadow-boxing

   10 July 2008 at 15:39

The spat between the warring Ambani brothers over the South African telecom giant MTN turned into a game of legal shadow-boxing on Monday with offers and counter offers for discussions being spurned on both sides.Wary of falling into a legal 'trap', ..

Posted in Corporate Law |   275 Views


Judicial activism not a bad idea to fill up for policy shortcomings

   10 July 2008 at 15:39

Recently, the Supreme Court has put an interim stay on an edict of the Delhi High Court. The high court directive had imposed a penalty of Rs 500 on violations of traffic rules, over and above the usual fee for such offenses. Commentators and legal e ..

Posted in Civil Law |   325 Views


Trustees must keep eye on finances of debt-issuing cos

   10 July 2008 at 15:39

A lack of due diligence to see-through the financial un-worthiness of debt-issuing companies can lead debenture trustee-entities like banks that oversee such issuance into trouble. In what would call for greater accountability for debenture trustees, ..

Posted in Corporate Law |   274 Views


Virtual bites: Digital piracy robs Bollywood

   10 July 2008 at 15:39

Bollywood content on illegal websites and video-hosting sites is costing movie companies dearly. Are they up to the challenge?On a trip to Helsinki in Finland, Rajjat Barjatya stumbled upon 15,000 Indian families who had regular access to Bollywood m ..



Patent office to hear drug firms` views before granting licence

   10 July 2008 at 15:39

The Indian patent office will provide drug innovators a chance to explain their views before a decision to grant compulsory licences against their patented medicines is taken. The patent office's decision has, for the first time, set rules for examin ..



India emerges as hub for patent offshoring

   10 July 2008 at 15:39

India is no where close to countries like US, Japan and China, when it comes to filing patents. But it still does a significant bit in the IP space. A lot of it's happening through patent service outsourcing in India. This means, a lot of background ..



Pharma cos hit by new Patent Act concoction, filings drop 41%

   10 July 2008 at 15:39

Patent applications filed by Indian pharma firms have witnessed a sharp fall of 41% during FY08. Data provided by the Controller General of Patents shows that only 449 patent applications were filed in 2007-08 compared to 765 filed in 2006-07. This i ..



SC allows Tata Power to supply power to retail consumers

   10 July 2008 at 15:39

The Supreme Court on Tuesday allowed Tata Power Company Ltd (TPC) to supply electricity to retail consumers, whose average consumption was less than 1000 KVA, in Mumbai and its suburbs. A bench headed by Justice Altamas Kabir, while refusing Relianc ..

Posted in Corporate Law |   204 Views


Emigration Act to be tightened shortly

   10 July 2008 at 15:39

Emigration Act to be tightened shortlyVayalar Ravi warns of stringent action against human smugglers -------------------------------------------------------------------------------- 17:38 IST Government has finalised amendments to the Emigration Act ..

Posted in Others |   214 Views