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Lawyersclubindia News


Interest on NRO account to be taxed as investment income

   14 June 2008 at 17:44

A large number of non-resident Indians (NRIs), who make earnings in foreign exchange, keep money in India in non-resident ordinary (NRO) account. The RBI regulations provide that the balance in the NRO account is not eligible for remittance outside I ..

Posted in Taxation |   2235 Views


Abraxis to Appeal Jury Ruling on Elan Patent Infringement Claim

   14 June 2008 at 17:44

Abraxis BioScience, Inc. (NASDAQ:ABII), a fully integrated, global biotechnology company, today announced that it intends to appeal the jury ruling in the U.S. District Court for the District of Delaware that Abraxis has infringed upon a patent owned ..



RIL can claim damages: Official

   14 June 2008 at 17:44

Amid a fresh controversy between Ambani brothers over Anil Ambani’s MTN deal, it is learnt that the Reliance Industries’ letter to MTN contains daunting legalese and states that if the deal does go through between Anil Ambani and MTN, then RIL can cl ..

Posted in Civil Law |   357 Views


Red Hat Settles Patent Issue Involving Firestar Software and DataTern

   14 June 2008 at 17:44

Red Hat (News - Alert), a provider of open source solutions, has announced the settlement of patent litigation brought against it by Firestar Software and DataTern.Calling this settlement an “important precedent” in the breadth of protection for the ..



Pfizer may counter Daiichi`s Ranbaxy offer

   14 June 2008 at 17:44

US giant expected to bid for 65% non-promoter stake.Pfizer Inc, the world's biggest drug maker, may bid for the 65 per cent non-promoter stake in Ranbaxy Laboratories, sources familiar with the developments said declining to be identified. Malvinder ..

Posted in Corporate Law |   293 Views


Champions League faces legal hassles

   14 June 2008 at 15:36

The multi-millon dollar Stanford League announced earlier this week is not the only challenge being aimed at the Board of Control for Cricket in India and the IPL if the events in England in the recent past are anything to go by. Less overtly, but no ..

Posted in Corporate Law |   305 Views


Former Test cricketer to take legal action against board

   14 June 2008 at 15:36

The Pakistan Cricket Board (PCB) has sacked its director Salim Altaf for leaking official and confidential papers to his ‘close journalists’. A spokesman for the PCB confirmed to Daily Times on Thursday that Salim, who was the head of a committee ove ..

Posted in Labour & Service Law |   317 Views


Large-scale arrests are not helpful

   14 June 2008 at 15:36

IN view of the large-scale arrests made by Bangladesh Police in recent times, it would be worthwhile to recollect that various constitutional rights in the nature of human rights of individual suspects come under the direct handling of police in all ..

Posted in Criminal Law |   224 Views


T-Series files for copyright infringement against Yahoo

   14 June 2008 at 15:36

The Delhi High Court recently issued a notice to Yahoo Inc. and its Indian subsidiary Yahoo Web Services (India) Pvt. Ltd on a suit filed by Super Cassettes Industries Limited (SCIL) owner of the music label T-Series for infringement of their copyrig ..



summons against GODS

   14 June 2008 at 15:36

Dhanbad (Bihar), Dec 6 (ANI): In a unique type of litigation, a court in Bihar has summoned two Hindu Gods to appear before it in connection with a land encroachment case.The hearing of the case in a fast track court in the states Dhanbad District wa ..

Posted in Others |   276 Views