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Lawyersclubindia News


ONGC seeks Rs 3,000 crore tax rebate

   12 June 2008 at 16:07

Public sector explorer ONGC is finding it hard to forego its claim of over Rs 3,000 crore as tax exemption. Citing legal precedents and reasoning, the oil major has again sought Cabinet secretariat’s approval to take a legal recourse before the incom ..

Posted in Taxation |   336 Views


India's Taxes on Alcohol Are Legal, WTO Judges Rule

   12 June 2008 at 16:07

The U.S. failed to prove that Indian duties on alcohol imports discriminate against products such as Brown-Forman Corp.'s Jack Daniels whiskey, World Trade Organization judges said, after changes to Indian import rules. ``The U.S. has failed to estab ..

Posted in Labour & Service Law |   476 Views


Law Society slams UK government plan for 48-day detention extension

   12 June 2008 at 16:07

The Law Society has criticised Government plans to increase the period of time for which a person can be held before they are charged. A statement by The Society said that it is not convinced by the arguments put forward in favour of extending the pr ..

Posted in Constitutional Law |   209 Views


Ranbaxy deal bodes well

   12 June 2008 at 13:15

Japanese drug-maker Daiichi Sankyo’s acquisition of Ranbaxy, India’s leading pharma company, through a buyout of promoter stake is indeed a momentous event in Indian corporate history. This is not the first time that an Indian promoter has sold out. ..



India receives WTO support in battle against bio-piracy

   12 June 2008 at 13:15

In a major boost to India’s fight against bio-piracy at the multi-lateral level, World Trade Organisation director general Pascal Lamy, in his report on ‘GI extension and bio-diversity consultations’, has said that there is an important common ground ..



Amarillo Biosciences Files Patent to Treat Obesity with Oral Interferon

   12 June 2008 at 13:15

Amarillo Biosciences, Inc. (OTCBB: AMAR), a specialty pharmaceutical company focused on low-dose orally administered interferon as a treatment for a variety of conditions, today announced that a patent has been filed with the United States Patent and ..