Updates



Quick updates to help our readers stay up to date on various legal and regulatory developments. It is not intended to be an analysis on the subject, but merely a brief snapshot.

26th Apr, 2019

GST not applicable in case of slump sale

  • Indirect Tax

On March 26, 2019, Authority for Advance Ruling (Goods and Service Tax) Uttarakhand (“AAR”) passed a ruling in a matter which involved an issue whe...

08th Apr, 2019

One sided clauses in builder-buyer agreement is an unfair trade practice

  • Real Estate,
  • Disputes

On April 2, 2019, the Supreme Court passed a judgment in the matter of Pioneer Urban Land & Infrastructure Limited v. Govindan Raghavan (C.A. No. 1...

02nd Apr, 2019

Hon'ble Supreme Court on the essential pleadings in a suit for specific performance

  • Disputes

On January 7, 2019 the Hon’ble Supreme Court passed a judgment in the matter of Kamal Kumar v. Premlata Joshi (Civil Appeal No.4453 of 2009).

02nd Apr, 2019

RBI Update | Establishment in India of a branch office/ liaison office/ project office or any other place of business

  • Corporate and M&A

The Reserve Bank of India (“RBI”), on March 28, 2019, has issued a circular A.P. (DIR Series) Circular No. 27 (“Circular”), in relation to the For...

02nd Apr, 2019

SC - Continuation of proceedings against a company whose name has been struck off-

  • Corporate and M&A,
  • Disputes

On March 12, 2019, the Supreme Court of India passed a judgment in the matter of Commissioner of Income Tax, Jaipur v. M/s Gopal Shri Scrips Privat...

02nd Apr, 2019

RBI Notification | Disclosure in the

  • Finance

The Reserve Bank of India (“RBI”), vide a notification dated April 1, 2019 (“Notification”), has made certain changes in respect of the provisions ...

18th Mar, 2019

SC on which allowances to form part of the 'basic wages' for the purpose of EPF contribution

  • Labour & Employment,
  • Disputes

The Hon’ble Supreme Court vide its judgement dated 28th February 2019, in case of The Regional Provident Fund Commissioner (II) West Bengal v. Vive...

15th Mar, 2019

SEBI Circular: Modification of circular dated December 7, 2018 on Disclosure of significant beneficial ownership in the shareholding pattern

  • Corporate and M&A

Pursuant to the amendments made to the Companies (Significant Beneficial Owners) Rules, 2018 (“Rules”) by the Companies (Significant Beneficial Own...

14th Mar, 2019

SC on whether teachers are entitled to gratuity

  • Labour & Employment,
  • Disputes

On March 7, 2019, the Supreme Court of India passed its judgment in the matter of Birla Institute of Technology v. The State of Jharkhand (C.A. No....

07th Mar, 2019

RBI Circular | Voluntary Retention Route for FPIs

  • Finance

The Reserve Bank of India (“RBI”), in consultation with the Government of India and the Securities and Exchange Board of India, vide a circular dat...

04th Mar, 2019

John Distilleries Private Limited v. Brihan Maharashtra Sugar Syndicate Limited (A.P. No. 874 of 2015)

  • Disputes

04th Mar, 2019

Calcutta High Court on termination of mandate of arbitrators and appointment of substitute arbitrator

  • Disputes

On February 27, 2019, the Hon’ble High Court at Calcutta passed a judgment in the matter of Rahee-Allied (JV) & Ors. v. Union of India (A.P. No.864...



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