Tag Archives: sale

Part sale consideration or stamp duty can’t be sole criteria to hold transaction as benami: SC

The Supreme Court of India recently reiterated that the payment of part sale consideration or stamp duty by another person cannot be the sole criteria to hold the sale transaction as benami. After a review of plethora of case law, … Continue reading

Posted in Banking Law, Company Law, Consumer Law, Contract Law, Evidence Law, Family Law, General Law, Real Estate, Registration & Stamp Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

‘Readiness’, ‘Willingness’ important factors for grant of specific performance: SC

In a recent decision, the Supreme Court of India reiterated that ‘readiness’ and ‘willingness’ are the most important factors for considering the grant of specific performance of the contract. “The issue of readiness and willingness, in our view, is the … Continue reading

Posted in Consumer Law, Contract Law, General Law, Real Estate | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Intellectual Property composite suit maintainable: DHC

In an important ruling, a Large Bench of the Delhi High Court ruled that a composite suit that joins two causes of action – one for infringement of a registered design and the other for passing off, is maintainable. The … Continue reading

Posted in General Law, information technology law, Intellectual Property Law, International Law, patent, patent law, plant varieties Act, trademark, traditional knowledge, TRIPS | 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

Private Hospitals to provide free treatment to acid attack victims: SC

The Supreme Court of India has directed private hospitals to provide full treatment to victims of acid attack and action may be taken against the hospitals or clinics that refuse to do so. “The State Governments/Union Territories should seriously discuss … Continue reading

Posted in Administrative Law, Criminal Law, Evidence Law, General Law, Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Cabinet approves amendments to Real Estate (Regulation and Development) Bill, 2013

The Union Cabinet approved amendments to the Real Estate (Regulation and Development) Bill, 2013 pending in the Rajya Sabha, and approved amendments proposed in the Bill. The Bill provides for a uniform regulatory environment, to protect consumer interests, help speedy … Continue reading

Posted in Administrative Law, Competition Law, Contract Law, International Law, Real Estate | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Know-how, business contacts, business information, etc. intangible assets under Section 32(1)(ii) Income Tax act: ITAT

Delhi High Court ruled that Income Tax Appellate Tribunal erred in law in holding that know-how, business contacts, business information, etc. acquired as part of the slump sale described as “goodwill” were not entitled for depreciation under Section 32(1)(ii) of … Continue reading

Posted in Income Tax Law | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment