The powers conferred upon GST commissioners to make arrests in cases involving fake GST invoices cannot be disputed. However, the way these arrest provisions have been incorporated under the GST law is certainly amenable to a constitutional challenge.
The single Judge of the Delhi High Court (Court), Justice Pratibha Singh, has recently passed a detailed order on the role, responsibility and accountability of intermediaries and held that the e-commerce platforms are bound by the Model Framework for Guidelines on Direct Selling 2016 (Direct Selling Guidelines) and restrained the e-commerce platforms from selling the products of the Plaintiffs (defined below) except with the written consent from the Plaintiffs.
One hopes that with the increasing technological advancements and proof of concept/sandbox driven approach, the regulators will be forthcoming in recognising innovation.
Detection and prosecution of insider trading activities remain a challenge due their clandestine nature.
There have been several instances of Internet shutdown across the country, which has put the right of freedom of speech and expression in jeopardy.
On 10 December 2019 a three-judge bench of the Supreme Court passed a judgment in BGS SGS SOMA JV v NHPC Ltd,(1) deciding key issues relating to the interpretation of arbitration clauses and the scope of appealable orders under the Arbitration and Conciliation Act 1996.
The honouring of existing contracts by the government is as critical for inflow of new investments as it is for the nation’s energy security.
The goods and services tax (GST) Council met on December 18 after nearly 3 months, only to grapple with many old and new unresolved issues. Such a long gap is not desirable as many key decisions are at stake.
Investors can now structure products that cater to both returns and impact in short term.
Long-term private debt funding constitutes an obvious and dominant share of these financings.
Mandatory examination could ensure a level of competence, at a time when the law expects them to play a crucial role
