by Majmudar & Partners | Nov 20, 2023 | Disputes and Arbitration
Download .pdf In Unibros v. All India Radio, India’s Supreme Court (the “SC”) set aside an arbitral award that allowed a claim for damages without any proof of the claimant having suffered injury, thereby rendering the award as being in conflict with India’s public...
by Majmudar & Partners | Nov 2, 2023 | Tax
Download .pdf In the Bharti Hexacom case, India’s Supreme Court (the “SC”) has held that the variable licence fee that was paid annually by telecommunication companies (the “Taxpayers”) to the Department of Telecommunications (the “DoT”) under the New Telecom...
by Majmudar & Partners | Oct 27, 2023 | Disputes and Arbitration
Download .pdf Recently, in the case of Vishal Chelani & Ors. v. Debashis Nanda (Civil Appeal No. 3806 of 2023), India’s Supreme Court (SC) ruled on the interface of the Insolvency and Bankruptcy Code, 2016 (IBC) with the Real Estate (Regulation and Development)...
by Majmudar & Partners | Oct 9, 2023 | Tax
Download .pdf By its notification dated September 25, 2023, the Central Board of Direct Taxes (CBDT) has amended Rule 11UA of the Income-tax Rules, 1962 (the “IT Rules”) which provides the manner of computing the fair market value (“FMV”) of unlisted equity shares and...
by Majmudar & Partners | Sep 25, 2023 | Technology, Telecommunication and Media
Download .pdf Generative Artificial Intelligence (“AI”) technologies, such as ChatGPT, are often celebrated as transformative forces across various sectors, and are often even perceived to challenge the necessity of human involvement in such sectors. Nevertheless,...
