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Corporate Law News


1st meeting of newly constituted Central Board of trustees of EPF

   06 July 2008 at 09:27

1st meeting of newly constituted Central Board of trustees of EPF held APPROVES REDUCTION OF THRESHOLD LIMIT FOR COVERAGE UNDER THE EPF & MP ACT 1952 -------------------------------------------------------------------------------- 16:17 IST The 183rd ..

Posted in Corporate Law |   321 Views


Jermyn Capital moves SC against SEBI ban

   05 July 2008 at 16:03

Dubai-based investment firm Jermyn Capital LLC today moved the Supreme Court challenging market regulator SEBI's decision to ban it from trading in the Indian securities market for its alleged association with Ketan Parekh, the main accused in the 20 ..

Posted in Corporate Law |   299 Views


'RCom's MTN deal doesn't breach pact'

   02 July 2008 at 13:40

Leading law firm Amarchand & Mangaldas (AMSS) is learnt to have given a clean chit to Anil Ambani-owned Reliance Communications (RCOM) over the company’s ongoing spar with Mukesh Ambani-owned Reliance Industries (RIL) on its proposed deal with South ..

Posted in Corporate Law |   329 Views


India approves cruise shipping policy, lifts taxes

   01 July 2008 at 13:42

The Cabinet Committee on Economic Affairs (CCEA) in India on Thursday approved the Cruise Shipping Policy that envisages a zero-tax regime for cruise ship operators.Under the policy, cruise operators will be exempted from income-tax, excise duty, cus ..

Posted in Corporate Law |   309 Views


Datacom-HFCL legal battle may spoil party before it starts

   30 June 2008 at 15:36

Videocon-promoted telecom venture Datacoms roll-out plans envisaging an investment of up to Rs 15,000 crore may get upset with its minority shareholder HFCL preparing to fight a legal battle for alleged violation of shareholders agreement between the ..

Posted in Corporate Law |   285 Views


Technology transfer fees issue: SC view

   26 June 2008 at 14:08

The inclusion of royalty and technology transfer fees in the value of imported goods has always been a contentious matter. A recent Supreme Court judgment [Ferodo India Ltd. 2008 (224) ELT 23 (S.C.)] brings in a new dimension to the issue.Traditional ..

Posted in Corporate Law |   493 Views


Sahara, UP Govt file contempt pleas in SC

   26 June 2008 at 10:13

The fight between Uttar Pradesh government and Sahara on demolition of commercial complex Sahara Saher reached the Supreme Court for the second time in a week on Tuesday, with both sides alleging contempt of apex court by the other.Within hours of th ..

Posted in Corporate Law |   354 Views


Sahara Shahr project: SC gives breather to Maya govt

   25 June 2008 at 00:50

New Delhi, Jun 23 (UNI) In a major reprieve to the Mayawati goverment in Uttar Pradesh, the Supreme Court today directed the parties concerned to maintain the status quo as of today in connection with the alleged illegal construction in the Sahara ..

Posted in Corporate Law |   319 Views


Sahara, UP Govt file contempt pleas in SC

   25 June 2008 at 00:23

The fight between Uttar Pradesh government and Sahara on demolition of commercial complex Sahara Saher reached the Supreme Court for the second time in a week on Tuesday, with both sides alleging contempt of apex court by the other. Within hours of ..

Posted in Corporate Law |   295 Views


Anil slaps legal notice on Mukesh

   24 June 2008 at 16:48

It's been a season of growing acrimony between estranged brothers Mukesh and Anil Ambani. Soon after the senior Ambani introduced a legal roadblock in Anil Ambani's talks to buy African telecom firm MTN, the younger sibling has found cause to slap a ..

Posted in Corporate Law |   399 Views