In Tyagi v Union of India (CM APPLN 28273/2019 in WP (C) 6727/2019) , the Delhi High Court has dismissed a public interest litigation/writ petition that sought a stay on the release of Bollywood film Bharat.
While Budget 2019-20 was welcomed in India Inc, the potential impact of the announcement regarding the increase in surcharge applicable to ‘individuals’ (with income exceeding Rs 2 crore) was only realised upon reading the fine print.
The Securities and Exchange Board of India (SEBI), in its meeting on June 27 this year, approved certain key changes which financial investors may factor in while structuring transactions with public listed companies and its promoters.
In a Significant move, the Cabinet ministers of the Indian Government on 17 July 2019 cleared several amendments to the Insolvency and Bankruptcy Code 2016 (Code), which are proposed to be carried out through the Insolvency and Bankruptcy Code (Amendment) Bill, 2019 (Bill).
This Case Update provides a brief analysis of the recent judicial decisions delivered by the Supreme Court of India (SC) and High Court of Bombay , on certain labour and employment matters pertaining to maternity/paternity leave in surrogacy cases, wage claims by absentee employees and communications of performance appraisals to concerned employees.
Public market transactions typically demand a high degree of certainty while navigating time-sensitive legal and regulatory hurdles. This demands robust structuring of the transaction preferably with in-built fail-safe mechanisms if overall commercial objectives are not met. One such commercial objective is consolidation, and its potential fail-safe – a conditional tender offer.
In Crocs Inc v Bata India (RFA(OS)(COMM) 22/2019 & CM App No 22655/2019, along with other connected matters against various defendants), a Division Bench of the Delhi High Court, in an interim decision on appeals filled by Crocs Inc, has held that a passing-off action relating to a "registered design used as trademark" is maintainable.
The Bi-monthly Newsletter of the Nani Palkhivala Arbitration Centre
The Competition Commission of India is going that extra mile. CCI’s recent order on Maruti Suzuki shows that it’s now willing to look beyond agreements and into the actual conduct of companies
The issuance of the Securities and Exchange Board of India (Prohibition of Insider Trading) Amendment Regulations, 2018 (PIT Regulations) in December 2018 by the market regulator brought with it several amendments to the regulations including additional compliance requirements for listed companies and persons with access to unpublished price sensitive information (UPSI).
