Blink Commerce Pvt. Ltd. (BCPL) filed the instant appeal before the Karnataka High Court against the impugned order passed in 2022. The Trial Court had allowed an application filed by Blinkhit Pvt. Ltd, seeking a temporary injunction restraining BCPL from infringing the trade name “Blinkhit” by using the infringing mark “Blinkit.” A suit for permanent...
Introduction Green hydrogen has emerged as a promising solution to address the challenges of reducing carbon emissions and transitioning to a sustainable energy future. This global update provides a summary of recent developments and initiatives taken by various countries across the globe. Latest Developments on Green Hydrogen India has entered the international race in establishing...
In 21st century with the growth of new modern technology, new innovation we have witnessed a rapid growth in area of e-sports. Yes, you heard its right it’s a sport which is played on computer, mobile phone etc. E-sports is described as online skill games that are performed in tournaments while various teams or individual...
MINISTRY OF CORPORATE AFFAIRS(MCA) Moratorium Inapplicable To Contracts Entered Into By The CD Under Oilfields (Regulation And Development) Act The Ministry of Corporate Affairs, Government of India, has issued a notification dated 14.06.2023, notifying that Section 14(1) of the Insolvency and Bankruptcy Code, 2016 (“IBC”) would be inapplicable to agreements/transactions/arrangements entered into by the Corporate...
Arbitration has become a desired mode for dispute resolution between parties. Arbitration depends excessively on the consent of a party to a contract to refer matters or disputes between them to arbitration. Though arbitration is a creature of party consent still disputes can only be arbitrated if they are private in nature and do not...
Merger usually works on the basis of the famous English proverb “beacon of hope” meaning something that holds the promise of hope for the companies which are at the edge of losing their value. Its tremendous example has been discussed in the merger of Air India and Indian Airlines to save the public aviation sector....
In a recent ruling in the case of N.N. Global Mercantile Private Limited vs. Indo Unique Flame Limited and Others [1], a constitution bench of the Supreme Court of India decided by a majority of 3:2 that an unstamped instrument containing an arbitration clause cannot be considered a legally enforceable contract under Section 2(h) of...
The conclusions drawn regarding the CGST Act, the construction of terms, and the taxability of online/electronic/digital Rummy game and other similar games on Gameskraft Technologies’ platform are as follows: According to the decision in the case of All India Gaming Federation v. State of Karnataka (2022 SCC OnLine Kar 435), there is a clear distinction...
According to the UAE Federal Decree-Law No. 47 of 2022 on taxation of corporations and businesses (the “Corporate Tax Law”), businesses will become subject to UAE Corporate Tax from the beginning of their first financial year that starts on or after 1 June 2023. UAE was always considered as a tax-free zone. However, following the...
MINISTRY OF CORPORATE AFFAIRS (MCA) MCA notifies Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2023 The Ministry of Corporate Affairs has issued an amendment to the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. The amendment introduces streamlined procedures for handling objections and suggestions regarding schemes of merger or amalgamation. It sets clear timelines for the...
@ 2023 Copyright by Maheshwari and Co. All Rights Reserved. | Designed & Developed By V Spark Communications Pvt. Ltd. | Privacy Policy | Terms & Conditions
@ 2023 Copyright by Maheshwari and Co. All Rights Reserved. | Designed & Developed By V Spark Communications Pvt. Ltd. | Privacy Policy | Terms & Conditions
