Tag Archives: price

Makers of new drugs exempt from price control: Govt.

The Indian Ministry of Chemicals and Fertilizers (Department of Pharmaceuticals) has notified an order amending the Drugs (Prices Control) Order 2013. Effective January 3, 2019, manufacturers of new drugs patented in India are exempt from price control for a period … Continue reading

Posted in Consumer Law, Drugs Law, General Law, Intellectual Property Law, International Law, patent, patent law, TRIPS | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Ceiling prices of knee implants fixed: Govt.

Indian government has fixed the ceiling prices of orthopedic knee implants for knee replacement system from the date of the gazette notification i.e. August 16, 2017 The ceiling prices fixed shall be maintained for a period of one year from … Continue reading

Posted in Administrative Law, Consumer Law, Drugs Law, General Law, Notifications/Publications/Circulars, Trade Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Advisory to State Govts on levy of service charge by hotels: Govt.

The Department of Consumer Affairs has issued advisory to the State Governments to sensitize the companies, hotels and restaurants in the states regarding the  provisions of the Consumer Protection Act, 1986 on unfair trade practices and also to advise the … Continue reading

Posted in Consumer Law, Contract Law, General Law, Notifications/Publications/Circulars, Service Tax, Trade Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

‘Annual Turnover’ for commission purposes explained: SC

The Supreme Court of India recently clarified that the term ‘annual turnover’ cannot be restricted only to the amount earned by the stock broker vide brokerage while computing the registration fee of stock brokers payable to Securities and Exchange Board … Continue reading

Posted in Banking Law, Contract Law, General Law, International Law, Securities Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

CCI imposes penalty of INR 6200 on cement manufacturers for price cartelization

The Competiton Commission of India imposed a hefty penalty of INR 6200 crore (1.1 billion USD approx.) on ten (10) leading cement manfacturers of India, including ACC, Ambuja Cements, Ultratech and Jaypee Cements and Cement Manufacturers’ Association for indulging in … Continue reading

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