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Lawfully Yours | AZB and Partners 09:01 PM | November 22,2009
The proposed model, based on fiscal federalism, aims at resolving the present indirect tax regime problems
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Lawfully Yours | AZB and Partners 08:36 PM | November 08,2009
The decisions by CAT will remain valid even if the ordinance transferring the jurisdiction stops operating
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Lawfully Yours | AZB and Partners 11:18 PM | October 25,2009
It is a principle of intellectual property law that one can have a copyright only on the expression of an idea
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Lawfully Yours | AZB and Partners 10:20 PM | October 11,2009
Bayer contended DCGI should not approve any application for a generic drug if the original has been patented
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Lawfully Yours | AZB and Partners 09:56 PM | September 27,2009
The exit or termination mechanism is typically contained in the “termination clause” in most commercial contracts
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Lawfully Yours | AZB and Partners 09:45 PM | September 13,2009
India did not really have an effective law on antitrust issues till the enactment of the Competition Act, 2002, which was enacted to replace the MRTP Act
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Lawfully Yours | AZB and Partners 11:53 PM | August 30,2009
The path to civilized society, it is said, is paved with tax receipts--for now, it remains to be seen whether receipts for service tax on rentals of immovable property will join this hallowed paving
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Lawfully Yours | AZB and Partners 09:01 PM | August 16,2009
A first step for investigation is probably getting the right staff and conducting extensive market research
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Lawfully Yours | AZB and Partners 12:18 AM | August 03,2009
Transfer pricing rules under Indian income-tax law require that income from “international transactions” between “associated enterprises” be computed at an “arm’s length price”
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Lawfully Yours | AZB and Partners 11:29 PM | July 19,2009
A lender seeking security or purchasers acquiring assets must conduct a thorough diligence on outstanding state dues before creating a charge or acquiring a property
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Lawfully Yours | AZB and Partners 08:42 PM | July 05,2009
Two of the major sectors of the Indian economy, IT and BPO, have access have access to personal data, yet there is no express legislation in place to deal with data protection
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Lawfully Yours | AZB and Partners 11:57 PM | June 21,2009
Schools can get affiliation from popular boards only if they are owned, operated by not-for-profit organizations
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Lawfully Yours | AZB and Partners 09:25 PM | June 07,2009
India has had its own version of such a law through the Monopolies and Restrictive Trade Practices Act, 1969 (MRTP Act)
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Lawfully Yours | AZB and Partners 09:30 PM | May 10,2009
The Supreme Court has laid down that once breach is established, damages must be proved; where it is not possible to prove the precise quantum of damages, the claimant will be entitled to reasonable damages
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Lawfully Yours | AZB and Partners 09:36 PM | April 26,2009
An oft-debated point is the “irrevocability” of a PoA, that is, whether a PoA once granted can be withdrawn/cancelled. By merely calling a PoA an “irrevocable PoA”, it does not become irrevocable
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