Budget 2024: India’s green energy sector sets high hopes, eyeing major policy support Industry leaders have put forth a comprehensive wish list, ranging from enhanced subsidies and research funding to favourable tax regimes and streamlined process, all contributing in the country’s ambition of renewable energy goals and to stringent its position in the global clean...
The European Free Trade Association (EFTA) is an intergovernmental organization dedicated to fostering free trade and economic collaboration among its member states. Founded in 1960 by seven European countries – Austria, Denmark, Norway, Portugal, Sweden, Switzerland, and the United Kingdom – EFTA operates autonomously from the European Union (EU). Its core objective is to promote...
In accordance with the provisions delineated within the Trade Marks Act of 1999, the Delhi High Court has officially recognized Haldiram, along with its distinctive oval-shaped logo, as possessing the status of a ‘well-known’ trademark specifically within the domain encompassing food items, restaurants, and eateries. The Trade Marks Act of 1999 stipulates provisions for the...
Vipul Maheshwari, Managing Partner at Maheshwari & Co., has been featured in a compelling NDTV article discussing the dynamics of the upcoming 2024 Lok Sabha elections. His expertise and insights contribute to a deeper understanding of the political strategies in play, especially in the context of ‘friendly contests’ among alliance partners. The NDTV article, authored...
Exploring Investment Opportunities In India: Examining The Benefits Of Setting Up In Special Economic Zones (Sezs) What Is Special Economic Zone? A Special Economic Zone (SEZ) is a designated area within a country, A precisely defined duty-free enclave, considered as foreign territory for trade operations, customs duties, and tariffs. Items and services...
Crackdown On Gaming Websites, Rs 4,000 Crore Remittances Under Scanner Delhi Police’s Economic Offences Wing has filed an FIR and has commenced an investigation against online gaming websites suspected of engaging in illegal financial activities. It is alleged that these platforms utilized shell companies to unlawfully remit approximately Rs 4,000 crore abroad. This enforcement...
In an era dominated by digital transformation, the protection of personal data has become a critical concern. India’s Digital Personal Data Protection Act of 2023 (DPDP Act) is a significant legislative milestone in this regard. This is an overview of the DPDP Act, its application, key rules, consent requirements, obligations of data fiduciaries and processors,...
MINISTRY OF CORPORATE AFFAIRS (MCA) MCA NOTIFIES COMPANIES LISTING OF EQUITY SHARES RULES The MCA vide notification no. G.S.R. 61(E) dated 24-01-2024, has notified the Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024. These regulations apply to unlisted public companies and listed public companies issuing securities for listing on approved stock exchanges...
Measures for facilitation of trade: Amnesty Scheme for filing of appeals against demand orders in cases where appeal could not be filed within the allowable time period: filing of appeal by the taxpayers will be allowed against such orders upto 31st January 2024, subject to the condition of payment of an amount of pre-deposit...
Arbitration has undergone a significant evolution, emerging as a preeminent mechanism for dispute resolution and despite its ascendancy, persistent challenges have impeded its growth. Notably, a substantial obstacle has revolved around the enforceability of arbitration agreements that are either improperly stamped or entirely unstamped. In a recent landmark judgement, a 7-Judge Constitution Bench of the...
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