Tag Archives: shares

Owner’s situs is ‘intangible asset’ situs: DHC

In an important ruling, the Delhi High Court ruled that the location (situs) of the owner of an intangible asset would be the location of an intangible asset in the absence of any specific provision in the Income Tax Act, … Continue reading

Posted in Company Law, FDI, General Law, Income Tax Law, Intellectual Property Law, International Law, Trade Law, trademark, WTO/GATT | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

SEBI can’t arrest without following due procedure: BHC

Expounding upon the powers of arrest and detention of a recovery officer of Securities & Exchange Board of India (SEBI), the High Court of Bombay ruled that a tax recovery  officer cannot arrest or detain a person without reasons to … Continue reading

Posted in Banking Law, Company Law, Constitution Law, Contract Law, Criminal Law, Evidence Law, General Law, Income Tax Law, International Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Guarantee on Behalf of NRI Investments

Reserve Bank of India (RBI) has informed that in order to provide operational flexibility and ease the procedures, it has been decided to permit Authorised Dealer (AD) Category-I banks to issue bank guarantee, without prior approval of the RBI, on … Continue reading

Posted in Banking Law, Company Law, Contract Law, Income Tax Law, International Law, Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

“Circular 1 of 2012”- India’s Consolidated FDI Policy Document

The consolidated FDI policy document is a single reference point for investors and regulators. The first such consolidation was released in March, 2010 after which it has been updated every six months.  This ‘Circular 1 of 2012’-is the fifth edition … Continue reading

Posted in Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment