Atmanirbhar Bharat Abhiyan Economic Relief Package

The Indian Prime Minister, in his address to the nation, announced the Atmanirbhar Bharat Abhiyan package or Self Reliant India Movement worth Rs Twenty lakh crore. To help in reducing the ongoing COV...

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ITC Limited v. Nestle India Limited C.S.No.231 of 2013

Plaintiff, being India’s foremost private Sector Companies, entered the Indian instant noodles market with Sunfeast Yippee! In two variants: (a) Yippee! Magic Masala and (b) Classic Masala. In March...

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Compulsory Registration under GST

Aspects of registration under the GST regime are covered under section 22 of the CGST Act,2017. As per section 22, every person who supplies taxable goods or services or both and the aggregate turnove...

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Bristol Myers Squibb Holdings v. Natco Pharma

In the present case, the Learned Single Judge of the High Court of Delhi has recently passed an order holding that the discretionary reliefs provided under Sections 34 and 38 of the Specific Relief Ac...

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Highlights of 20 Trillion Economic Relief Package

The Indian Prime Minister in his fifth address since the Covid-19 outbreak announced a much-awaited Rs 20-trillion stimulus package for India’s economy. Prime Minister Modi said the Rs 20 trillion e...

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In re Posco India Steel Distribution Centre Pvt Ltd (GST AAR Maharashtra)

Authority for Advance Ruling, Maharashtra in case of Posco India Pune Processing Centre Pvt. Ltd. (the applicant) have recently held that since the applicant is not in the business of providing insura...

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Reduced Corporate Tax Rate for Domestic Companies

The Government of India has introduced the Taxation (Amendment) Ordinance 2019 on the 20th of September 2019. Several amendments are made to the Income Tax Act,1961 through this ordinance. Changes suc...

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Anuj Jain Interim Resolution Professional for Jaypee Infratech Limited v. Axis Bank Limited etc.

Jaiprakash Associates Limited (JAL) is a Public Listed Company and Jaypee Infratech Limited (JIL) is its subsidiary. Jaiprakash Associates Limited (JAL) obtained finance from a consortium of financial...

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MSME Registration

MSME stands for Micro, Small and Medium Enterprises. The Micro, Small, and Medium Enterprise (MSME) sector are considered as the backbone of a developing economy like India. It was created to promote ...

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