LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Lawyersclubindia News


Amendments to the Agricultural and Processed Food Products Export Development Authority Act, 1985

   19 September 2008 at 08:38

The Union Cabinet today gave its approval to amend the Agricultural and Processed Food Products Export Development Authority Act (APEDA Act) to vest it with statutory authority for registration and protection of intellectual property rights or simila ..

Posted in Constitutional Law |   224 Views


Advocates boycot in Puducherry

   18 September 2008 at 21:48

Functioning of all the courts in Puducherry was affected as lawyers boycotted work to press their demands.They were demanding, among other things, amendment to the recruitment rule that law graduates not enrolled in the bar association could also par ..

Posted in Others |   234 Views


Govt against merger of Indian firms with companies abroad

   16 September 2008 at 22:09

The government has decided not to allow the merger of Indian companies with foreign companies, a proposal it deliberated on extensively while formulating the new company law.Although this is an international best practice in the laws relating to merg ..

Posted in Corporate Law |   274 Views


New law for removing time limit on dividend claim

   16 September 2008 at 22:09

The new company law proposes to remove the time limit for claiming dividend. The Companies Bill 2008 -- recently cleared by the Cabinet and to be placed before Parliament soon -- has removed the seven-year ceiling up to which unclaimed dividend remai ..

Posted in Corporate Law |   271 Views


Govt cuts stamp duty on p-notes, debentures

   16 September 2008 at 22:09

In a move that will enable companies to raise debt at a lower cost and help deepen the country''s bond market, the government has slashed stamp duty on key financial instruments - debentures and promissory notes (P-Notes).As per the notification, the ..

Posted in Civil Law |   387 Views


Shareholders may have exit option in mergers

   16 September 2008 at 22:09

The revamped Company Law is likely to propose a mechanism that would protect shareholders'' value in cases where a listed entity is merged with an unlisted one and vice-versa.The soon-to-be-introduced Companies Bill, 2008, is expected to stipulate th ..

Posted in Corporate Law |   239 Views


Supreme Court judge stuck in lift during blackout

   16 September 2008 at 13:48

Chennai: It was the turn of the country’s top judges on Sunday to bear the brunt of Tamil Nadu’s power woes. Four judges, including one from the Supreme Court, got trapped inside an elevator in the Madras High Court premises during a blackout.Justice ..

Posted in Others |   254 Views


RBI seeks cap on outstation cheque charges

   16 September 2008 at 13:26

Reserve Bank proposed to put a ceiling on charges for collection of outstation cheques, ranging from Rs 25 to Rs 100 depending upon the value, a move that will benefit banking customers.Under the proposed scheme, a bank will not be allowed to charge ..

Posted in Corporate Law |   257 Views


Expert member on Patent Board - SC

   16 September 2008 at 12:15

The Supreme Court suggested that the Centre should consider having an expert member on the Intellectual Property Appellate Board (IPAB) that reviews decisions of the Indian patent office. The case went to the apex court after the Madras High Court ha ..



Permanent Court of Arbitration at Delhi

   16 September 2008 at 12:11

Cabinet nod for Delhi branch of Permanent Court of ArbitrationThe Union Cabinet cleared a proposal to set up a regional branch of the Permanent Court of Arbitration (PCA) in New Delhi, a move that will help local and foreign companies as well as the ..

Posted in Civil Law |   427 Views