Tags : Discussion Paper, Governance, Commercial Banks
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Orissa HC: Court for Deciding Applications Arising Out of Arbitration Agreement is Commercial Court(15.04.2022)
Orissa High Court has observed that the Court for the purpose of deciding all the applications arising out of the arbitration agreement between the pa.....
Tags : Orissa High Court, Court for Deciding Arbitration Applications, Commercial Court
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ITAT: Depreciation Not Allowable for Expenditure Availed on Professional or Legal Services(04.07.2022)
Income Tax Appellate Tribunal (ITAT), Bangalore Bench has held that depreciation is not allowable for expenditure availed on professional or legal ser.....
Tags : ITAT, Professional/Legal Services, Commercial Right
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‘Commercial disputes’ not an inclusive definition(03.02.2016)
Havells’ attempts to have its dispute with the Advertising Standards Council of India heard at the High Court took a blow after the court rejected cla.....
Tags : commercial dispute, valuation, advertising
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Telangana HC: Application U/S 9 of A&C Act Shall Lie Before Commercial Court if Value More Than 1 Cr(17.06.2022)
Telangana High Court has held that if a dispute under Commercial Courts Act is the subject matter of a domestic arbitration whose value is more than R.....
Tags : Telangana High Court, Commercial Dispute, Arbitration
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SC: Presiding Officers of Commercial Courts Should be Imparted Some Training(30.04.2025)
SC has observed that Presiding Officers of commercial courts should be imparted some training, orientation or refresher course to apprise them about t.....
Tags : Supreme Court, Commercial Courts, Importance of Adjudication
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Policy on import of dogs(25.05.2016)
The Directorate General of Foreign Trade introduced a policy on the import of dogs under the Indian Tariff Code.
Dogs are no longer permitt.....
Tags : Import policy, dogs, breeding, commercial activity
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SC: Quantity of Neutral Substance Not to be Excluded in Determination of Commercial Quantities(17.02.2022)
Supreme Court has observed that the quantity of the neutral substance is not to be excluded and to be taken into consideration along with the actual c.....
Tags : Supreme Court, Determination of Commercial Quantities
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Delhi HC Restrains Zydus Wellness from Running Complan Commercial(18.05.2020)
Delhi High Court has temporarily restrained Zydus Wellness Product Limited from running its Complan advertisement on the ground of its alleged similar.....
Tags : Delhi High Court, Complan Commercial
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Delhi High Court: Refund Dispute Between a Passenger and Airline is Not a Commercial Dispute(24.09.2025)
Delhi High Court held that an agreement for providing basic services in exchange for payment cannot automatically be treated as a commercial agreement.....
Tags : Refund, Commercial Dispute, Airline
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Delhi High Court: Scope of Interference with International Commercial Arbitration is Limited(20.01.2020)
Delhi High Court has dismissed a German manufacturer's claim for damages against Bharat Heavy Electricals Limited, India. The Court observed that the .....
Tags : Delhi High Court, International Commercial Arbitration
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SC: Commercial Transactions Not Within the Purview of Consumer Protection Act, 1986(08.04.2024)
Supreme Court has held that commercial disputes cannot be decided in summary proceedings under the Consumer Protection Act, 1986 but the appropriate r.....
Tags : Supreme Court, Consumer Protection Act, 1986, Commercial Disputes
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AP HC: Commercial Court Has Jurisdiction Over Suit Property Used for Trade/ Commerce(22.02.2022)
Andhra Pradesh High Court has transferred a suit from a Civil Court to the Commercial Court as the subject property in the suit was exclusively used f.....
Tags : Andhra Pradesh High Court, Commercial Court
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Delhi HC Restrains Zydus Wellness from Running Complan Commercial(18.05.2020)
Delhi High Court has temporarily restrained Zydus Wellness Product Limited from running its Complan advertisement on the ground of its alleged similar.....
Tags : Delhi High Court, Complan Commercial
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Kerala HC: Market Value Should Determine Suit Value under Commercial Courts Act, Not Court Fee(26.09.2025)
Kerala High Court held that under Section 12(1)(c) of the Commercial Courts Act, the market value of the property must be the determining factor. The .....
Tags : Market Value, Commercial Courts Act, Suit Value
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Delhi High Court Judges Express Concern Over Draft Arbitration & Conciliation (Amendment) Bill 2024(15.04.2025)
Delhi High Court judges have expressed their concerns over the Draft Arbitration & Conciliation (Amendment) Bill 2024 expanding the scope of ‘patent i.....
Tags : Delhi High Court, Patent Illegality, International Commercial Arbitration
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Bom. HC: Banks to Show Evidence to Borrowers Before Invoking Circular on Wilful Default(27.03.2024)
Bombay High Court has held that commercial banks need to show the evidence to defaulting borrowers before invoking the master circular on wilful defau.....
Tags : Bombay High Court, Wilful Default, Commercial Banks
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RBI Issues Gold Bonds Operational Guidelines(05.11.2015)
Reserve Bank has issued operational guidelines for Sovereign Gold Bonds, 2015-16 and mandated some operational procedures for Commercial banks and pos.....
Tags : Reserve Bank of India, Commercial banks , post offices, Gold Bonds Operational Guidelines
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Kerala HC: Order of Commercial Court u/s 9 of Arbitration & Conciliation Act Appealable(25.11.2020)
Kerala High Court has held that an order under Section 9 of the Arbitration and Conciliation Act, 1996 passed by a Commercial Court below the level of.....
Tags : Kerala High Court, Order of Commercial Court
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Timeframe for implementation of Ind AS for scheduled commercial banks(11.02.2016)
The Reserve Bank of India notified scheduled commercial banks are required to comply with Indian Accounting Standards (Ind AS) for accounting periods .....
Tags : Indian accounting standards, commercial banks, implementation
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Commercial Court, Bengaluru Confirms Ex-Parte Temporary Injunction Against ACC Steel(18.01.2022)
Commercial Court, Bengaluru has confirmed the ex-parte temporary injunction issued in 2020 restraining ACC Steel Pvt. Ltd., from using the marks ACC, .....
Tags : Commercial Court, Bengaluru, Temporary Injunction Against ACC Steel
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Delhi HC: Comparative Advertising is Protected Under Article 19(1)(a) of Constitution(19.05.2023)
Delhi High Court while observing that comparative advertising is protected under Article 19(1)(a) of Constitution as commercial speech, has held that .....
Tags : Delhi High Court, Comparative Advertising, Commercial Speech, Article 19(1)(a)
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Karnataka HC Dismisses PIL Against Commercial Use of Kali River Water(08.09.2022)
Karnataka High Court while dismissing PIL challenging State's decision of permitting commercial use of Kali river water has held that utilisation of r.....
Tags : Karnataka High Court, Commercial Use, Kali River
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Kar. HC: Once Right to Refer Dispute to Arbitration is Waived by Party, it Can’t be Reclaimed(19.07.2022)
Karnataka High Court has held that if a right to refer dispute to arbitration is once waived by a party, it can’t be allowed to be reclaimed and hence.....
Tags : Karnataka High Court, Arbitration, Commercial Court
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SC: Purchaser is a Consumer if Commercial Use by him was for Earning Livelihood by Self Employment(08.09.2023)
Supreme Court has held that when if the commercial use of a particular goods is by the purchasers themselves for the purpose of earning their liveliho.....
Tags : Supreme Court, Commercial Use, Purchaser, Livelihood, Self Employment
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Issue and listing of Commercial Paper by listed REITs(22.09.2022)
1. In terms of Reserve Bank Commercial Paper Directions, 2017 dated August 10,2022 Real Estate Investment Trust (REIT) having net worth of INR 100 Cro.....
Tags : Issue, Commercial Paper, REITs
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Kerala High Court Invokes Doctrine of Desuetude to Permit Construction of Commercial Building(25.06.2021)
Kerala High Court has approved the construction of a commercial building on a site reserved for residential buildings as per the Town Planning Scheme .....
Tags : Kerala High Court, Construction of Commercial Building, Doctrine of Desuetude
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SC: Crop Insurance Different from Commercial Policy(07.09.2022)
Supreme Court while upholding Bombay High Court's order directing Bajaj Allianz General Insurance to compensate under Pradhan Mantri Fasal Bima Yojana.....
Tags : Supreme Court, Crop Insurance, Commercial Policy
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Bombay HC: Mid-day Meal Scheme Should Not be Commercialized(08.12.2016)
Bombay High Court has said that mid-day meal scheme for school children, if implemented properly, is good, but its commercialization would not serve i.....
Tags : Bombay High Court, mid-day meal, commercialization
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Ker. HC: Residential Building Rented Out for Residential Purpose is Not Commercial Building(02.08.2022)
Kerala High Court has held that a residential building which has been rented out for residential purposes cannot be treated as a commercial building u.....
Tags : Kerala High Court, Residential Building, Commercial Building
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SICC Sets Aside SIAC Award in Case of Gokul Patnaik v Nine Rivers Capital Ltd(16.12.2020)
Singapore International Commercial Court (SICC) has dismissed an application to introduce new evidence on foreign law and to set aside Singapore Inter.....
Tags : Singapore International Commercial Court, Gokul Patnaik v Nine Rivers Capital Ltd
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Delhi HC: Trademark Rights Do Not Arise in Abstract but Through Tangible Trading(22.05.2025)
Delhi High Court has observed that trademark rights do not arise in abstract or, the law does not confer proprietary rights in a vacuum rather, those .....
Tags : Delhi High Court, Commercial Activities, Trademark Rights
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SC Issues Notice on Plea Against NGT Order Stopping Commercial Activities at Nahargarh Fort, Jaipur(02.12.2021)
Supreme Court has issued notice in the appeal filed by the Secretary Department Of Archaeology And Museums. State of Rajasthan challenging National Gr.....
Tags : Supreme Court, Stopping Commercial Activities at Nahargarh Fort, Jaipur
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Supreme Court Bans Registration of 2000cc+ Diesel Cars in NCR(16.12.2015)
SC has banned registration of diesel-run SUVs and cars having engine capacity beyond 2000 cc with immediate effect till March 31, 2016. Commercial veh.....
Tags : SC, registration of diesel-run SUVs and cars, Commercial vehicles, taxis
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Del. HC: For Filing Additional WS After, Comm. Court Act Doesn't Prevent Appl. of Order 8 Rule 9 CPC(13.01.2025)
Delhi HC has stated that there is nothing in the Commercial Courts Act, 2015 to suggest that the provisions of Rule 9 of Order VIII CPC shall not be a.....
Tags : Delhi High Court, Written Statement, Commercial Courts Act
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SC: Construction of Residential Premises to Commercial Complexes to be Stayed in Relevant Areas(16.05.2025)
SC while dealing with illegal constructions taking place in Chandni Chowk in Delhi has directed that construction of residential premises to commercia.....
Tags : Supreme Court, Residential Premises, Commercial Complexes
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Delhi HC: Refusal of Defendant to Settle Dispute Satisfies Requirement of Pre-Litigation Mediation(01.09.2022)
Delhi High Court has held that when the plaintiff makes an offer to the defendant to amicably settle the dispute and the defendant refuses the offer t.....
Tags : Delhi High Court, Pre-Litigation Mediation, Commercial Courts Act
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SC Orders Removal of Business Activities in 500 Meter Radius of Taj Mahal(27.09.2022)
Supreme Court has issued a direction to the Agra Development Authority to immediately halt all commercial activities which come within the radius of 5.....
Tags : Supreme Court, Taj Mahal, Commercial Activities
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Del. HC: Diff. in Financial Position of Donor And Recipient Doesn’t Establish Commercial Element(13.12.2022)
Delhi High Court has held that in cases of organ transplant from a near relative, the difference in financial position of the donor and the recipient,.....
Tags : Delhi High Court, Organ Transplant, Commercial
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AP HC: Bail Under Section 37 NDPS Act Not Applicable to Non-Commercial Quantity Contraband(16.02.2022)
Andhra Pradesh High Court has granted regular bail to an accused under Narcotics Drugs and Psychotropic Substances Act, 1985, noting that the rigours .....
Tags : Andhra Pradesh High Court, Non-Commercial Quantity Contraband
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SC: Onus on Service Provider to Prove That Service Was Availed for Commercial Purpose(13.05.2024)
Supreme Court has observed that a service provider cannot dispute the maintainability of a consumer complaint unless the service provider proves that .....
Tags : Supreme Court, Commercial Purpose, Service Provider
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Delhi HC: Affidavit for Admission/Denial of Documents in Commercial Suits Must Filed Within 45 Days(01.11.2019)
Delhi High Court has held that the maximum period for filing reapplication or affidavit for admission/denial of documents in commercial suit is 45 day.....
Tags : Delhi High Court, Commercial Suits
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Supreme Court: Upper Floors Can be Converted for Commercial Use Only after Paying Conversion Charges(03.11.2025)
Supreme Court upheld the sealing of a commercial establishment in Delhi's New Rajinder Nagar Market for unauthorized use of upper floors meant for res.....
Tags : Commercial, Unauthorized, Residential
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Cal. HC: High Court’s Commercial Division Can Hear Appeals Under A&C Act Filed on Original Side(22.08.2024)
Cal. HC has held that language used in S. 10(2) of Commercial Courts Act, 2015 is “shall”, which is mandatory and implies that even if an application .....
Tags : Calcutta High Court, Commercial Division, Commercial Courts Act
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Karnataka HC Observes that High Courts Require Commercial Division for International Arbitration(02.06.2022)
Karnataka High Court has held that for High Courts which do not exercise Original Civil Jurisdiction, Commercial Division comprising of a Single Judge.....
Tags : Karnataka High Court, International Arbitration, Commercial Division
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SC: Consumer’s Right to Protest Peacefully Without Falling Foul is a Corresponding Right(18.04.2025)
Supreme Court has observed that a right to protest peacefully without falling foul of the law is a corresponding right, which the consumers ought to p.....
Tags : Supreme Court, Corresponding Right, Commercial Speech
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Ordinances amending arbitration law and creating commercial courts promulgated(23.10.2015)
Continuing with its policy of if you can’t metamorphosise a Bill into an Act use an Ordinance instead, the Union Cabinet approved the promulgation of .....
Tags : Commercial, arbitration, ordinance, high court
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All. HC: Commercial Electricity Rates Not Applicable to Lawyers' Chambers(07.08.2023)
Allahabad High Court has held that the legal profession by no stretch of imagination can be called as a commercial activity, trade or business and the.....
Tags : Allahabad High Court, Commercial Electricity Rates, Lawyers' Chambers
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Budget 2024-25 Introduces Enhanced Deductions and Revised Tax Slabs(23.07.2024)
What is Income Tax?
Income tax is a government levy on the income earned by individuals and businesses during a financial year. "Income" enc.....
Tags : Income Tax Return, Commercial Properties, Securities Transaction Tax
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Bom HC: Merely Because Speech is in Commercial Context, It Won’t Lose Ingredients of Free Expression(30.01.2025)
Bom HC has stated that commercial speech is eminently part of free speech. It is not easy to prohibit a party from expressing itself about its grievan.....
Tags : Bombay High Court, Commercial Context, Free Expression
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Bom HC: No Appeal Under Commercial Court Act Against Court Order Refusing to Return/Reject a Plaint(20.12.2023)
Bombay High Court has held that the Trial Court’s order refusing to return or reject a plaint is not appealable under the Commercial Courts Act, 2015,.....
Tags : Bombay High Court, Commercial Courts Act, Appeal
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CESTAT: Department's proclivity to raising purely interpretational disagreement(29.07.2015)
The CESTAT held that since no licence fee was payable nor was paid by customers to Oracle India (nor was any payable or paid by Oracle India to Oracle.....
Tags : customs, mens rea, non-commercial, interpretation
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Del HC: Can’t Infer Commercialization of Education Merely Because School Maintain Surplus(16.03.2023)
Delhi High Court while observing that private schools are dependent on the fees collected by them from the students, has held that merely because scho.....
Tags : Delhi High Court, Commercialization, Education, Surplus
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Supreme Court: Pre-Litigation Mediation Not Required for Cases of Continuing IPR Infringement(28.10.2025)
Supreme Court held that pre-litigation mediation under Section 12A of the Commercial Courts Act is not mandatory in cases of continuing IPR infringeme.....
Tags : Commercial Courts Act, Remedy, Infringement
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SC Stays Prohibition Order by NGT on Socio-Cultural and Commercial Use of Delhi Parks(03.08.2021)
Supreme Court has stayed the National Green Tribunal order prohibiting the use of parks in Delhi for social, cultural, commercial and other functions .....
Tags : Supreme Court, Socio-Cultural and Commercial Use of Delhi Parks
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SC: GUVNL Cannot be Guided by its Own Commercial Interests(05.08.2025)
Supreme Court has observed that Gujarat Urja Vikas Nigam Limited (GUVNL) cannot be guided only by its own commercial interests, like a private busines.....
Tags : GUVNL, Commercial Interests, Private Business Entity
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CESTAT: Services Provided With Respect to Government Sports Stadium, Not Commercial Service(13.07.2022)
Customs Excise and Service Tax Appellate Tribunal (CESTAT), Delhi Bench has held that an activity undertaken in a government stadium and which is used.....
Tags : CESTAT, Government Stadium, Commercial Construction
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NCLT: Can’t Call Speculative Investment a 'Financial Debt' in Absence of Commercial Effect of Borrowi(07.04.2025)
NCLT New Delhi bench while dismissing an application under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016 has held that a speculative inv.....
Tags : NCLT New Delhi, Financial Debt, Commercial Effect
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SC: Mandatory Time Line for Filing Written Statement is Not Applicable to Non-Commercial Suits(21.01.2020)
Supreme Court has clarified that the mandatory time-line for filing written statement does not apply to non-commercial suits. The Court held that as r.....
Tags : Supreme Court, Timeline for Non- Commercial Suit
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RBI requires frequent updates on CP and UFCE investments(23.06.2016)
Investment by banks and financial institutions in commercial papers will have to be reported monthly to all credit information companies, the Reserve .....
Tags : commercial paper, unhedged exposure, reporting, credit company
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Karnataka HC: Challenge to Award in International Commercial Arbitration Can be Made Before HC(25.02.2022)
Karnataka High Court has ordered that in view of Section 2(e)(ii) of the Arbitration and Conciliation Act, 1996 a challenge to an award in an Internat.....
Tags : Karnataka High Court, Challenge to Award, International Commercial Arbitration
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Kerala HC: District Court Has Jurisdiction to Execute Arbitral Award(10.03.2023)
Kerala High Court while evaluating the scheme of Commercial Courts Act, 2015 has held that District Court has the jurisdiction to execute an arbitral .....
Tags : Kerala High Court, Commercial Courts Act, Arbitral Award
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NCLAT: Audit Report Alone Not Enough to Prove Fraud in Commercial Deal Under Section 66(2) IBC(29.09.2025)
NCLAT, Principal Bench, New Delhi, held that a transactional audit report alone cannot serve as conclusive proof of fraudulent trading under Section 6.....
Tags : Audit Report, Commercial Deal, Fraud
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SC: Existence of Commercial Relations Not Necessary for Imposing Condition to Grant Leave to Defend(16.07.2019)
Supreme Court has noted that existence of commercial relations between the parties in a summary suit by itself is not mandatory for imposing condition.....
Tags : SC, Commercial Relations
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Bom. HC: Commercial Court Can’t be Regarded as Person Or Institution Under Section 11(6) of A&C Act(06.09.2022)
Bombay High Court has held that the jurisdiction and power of the High Court in relation to the appointment of an arbitral tribunal under Section 11 o.....
Tags : Bombay High Court, Appointment, Arbitral Tribunal, Commercial Courts
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Apex Court to Commercial Courts: Don’t Hear all High Value Pleas(11.10.2019)
Apex Court has cautioned the Commercial Courts from entertaining all the pleas, involving high value, coming before it as it is fraught with the conse.....
Tags : Apex Court, Commercial Courts
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SC: Dominant Intention to be Looked Into to Decide Whether Transaction Was Commercial(27.08.2024)
Supreme Court has stated that it is the dominant intention of the transaction that is to be looked into to find out if it had any nexus with some kind.....
Tags : Supreme Court, Dominant Intention, Commercial Activities
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NCLAT: Can’t Categorize Security Deposit Without Intention of Commercial Effect of Borrowing, as FD(18.02.2025)
NCLAT New Delhi bench has held that the security amount deposited under a Memorandum of Understanding (MoU) without any intention of commercial effect.....
Tags : NCLAT New Delhi, Memorandum of Understanding, Commercial Effect
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Delhi HC to Transfer Commercial Suits Valued at or Below Rs.2 Crores to District Courts(31.01.2019)
Delhi High Court has issued a circular to transfer all commercial suits valued at or below Rs. 2 crores pending before it to respective District Court.....
Tags : Delhi High Court, Commercial Suits
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SC Expresses Dissatisfaction At Allahabad HC Report on Pendency of Commercial Cases(25.05.2022)
Supreme Court has directed the UP State Government to consider the proposal made by the Allahabad High Court to create additional commercial courts in.....
Tags : Supreme Court, High Court, Uttar Pradesh, Commercial Cases
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Ker. HC: Can’t Reject Plea of Organ Transplantation due to Perception of Commercial Transaction(29.01.2025)
Kerala High Court has observed that each application of organ transplantation has to be carefully considered on its own merits. It cannot be based on .....
Tags : Kerala High Court, Organ Transplantation, Commercial Transaction
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Madras HC: Education Not Commercial Activity, Collection of Capitation Fee for Admission Illegal(01.11.2022)
Madras High Court while deprecating practice of receiving capitation fee for admissions, has held that education can never be a commercial activity an.....
Tags : Madras High Court, Capitation Fees, Commercial Activity
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TRAI notifies Tariff Amendment Orders relating to commercial subscribers(08.09.2015)
The Telecom Regulatory Authority of India notified tariff amendment orders relating to television services for commercial subscribers. Under the order.....
Tags : Trai, amendment order, commercial subscribers
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SC Refuses PIL Seeking Scrapping of TRAI's New Directives on Commercial SMS & Calls(29.09.2020)
Supreme Court has refused to hear a Public Interest Litigation challenging Telecom Regulatory Authority's (TRAI) latest directive on commercial SMSes .....
Tags : Supreme Court, Commercial SMS and Calls
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International Cases
A commercial activity is a commercial activity regardless of whether it is carried out for private profit or to achieve charitable goals(08.09.2017)
Present appeal concerns the desire of the second Respondent (Children’s Health Camps the New Zealand Foundation for Child and Family Health and Develo.....
Tags : Land, Usage, Activity, Commercial
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Kerala HC: 30th March’s Government Order Doesn’t have Force of Law to Permit Commercial Film Making(28.07.2025)
Ker. HC has observed that government order dated 30th March 2013 issued by State of Kerala does not have the force of law to permit commercial film ma.....
Tags : Kerala High Court, Government Order, Commercial Film Making
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Supreme Court: Fixing of Commercial Tariff for Self-Financed Educational Institutions Legally Valid(24.02.2020)
Supreme Court has held that clubbing of Self-financed educational institutions with commercial service providers to fix electricity tariffs Higher tha.....
Tags : Supreme Court, Commercial Tariff for Self-Financed Educational Institutions
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COMMERCIAL - Deadline of 120 Days to File Written Statement in Commercial Suits is Mandatory: SC(19.02.2019)
Supreme Court has observed that proviso added to Code of Civil Procedure by Commercial Appellate Division of High Courts Act, 2015, is mandatory and n.....
Tags : Supreme Court, Commercial Courts, Written Statement
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Delhi HC Nominates Distt Judges, Addl Distt Judges As Commercial Courts(11.07.2018)
Delhi High Court has nominated all the district judges/additional district judges of respective districts as Commercial Courts, as an interim measure .....
Tags : Delhi High Court, Commercial Courts
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President Promulgates Constitution of Commercial Courts , Arbitration and Conciliation Ordinanences(26.10.2015)
President has signed ordinances to amend Arbitration and Conciliation Act and bring into force Commercial Courts, Commercial Division and Commercial A.....
Tags : Arbitration and Conciliation Act, Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Bill, 2015
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All. HC: Can’t Refuse Anticipatory Bail Merely Over Non-Payment of Money Under a Contract(03.08.2023)
Allahabad High Court while observing that it is becoming a general practice to set criminal law into motion for putting pressure on parties to commerc.....
Tags : Allahabad High Court, Anticipatory Bail, Non-Payment, Commercial Transaction
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RBI releases "Statistical Tables Relating to Banks in India: 2019-2020"(29.12.2020)
The Reserve Bank released its web publication entitled 'Statistical Tables Relating to Banks in India: 2019-20' covering the activities of scheduled c.....
Tags : Statistical Tables, Activities, Commercial banks
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President Gives Nod to SC and ST (Prevention of Atrocities) Amendment Act and others(08.01.2016)
President has given nod to Arbitration and Conciliation (Amendment) Act; Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Amendment Ac.....
Tags : Arbitration and Conciliation (Amendment) Act; Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Amendment Act; Commercial Courts,Commercial Division and Commercial Appellate Division of High Courts Act; Payment of Bonus (Amendment) Act, 2015
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Supreme Court: Can’t Commercially Exploit Land Meant for Poor(09.01.2025)
Supreme Court has held that when land allocated under a special scheme, particularly one centred on “poorer classes” accommodation is sought to be com.....
Tags : Supreme Court, Commercially Exploited, Enactment
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SC: Suits Instituted Without Complying S. 12A of CC Act Prior to 20.08.2022 to be Kept in Abeyance(16.05.2025)
Supreme Court has clarified that in suits instituted without complying with Section 12A of the Commercial Courts Act, 2015 prior to 20.08.2022 which a.....
Tags : Supreme Court, Commercial Courts Act, Time-Bound Mediation
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Kar. HC: When Commercial O.S. is for First Time Instituted before Court, Sec. 12A becomes Mandatory(27.06.2025)
Karnataka High Court has observed that when Commercial O.S. is for the first time instituted before the Court, Section 12A under Commercial Courts Act.....
Tags : Karnataka High Court, Commercial Courts Act, Section 12A
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SEBI Issues Framework for Listing of Commercial Paper(23.10.2019)
Securities and Exchange Board of India has come out with a framework for listing of commercial papers on stock exchanges in order to broaden investor .....
Tags : SEBI, Commercial Paper
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SEBI Penalises NDTV Over Non-disclosure of Loan Terms(30.12.2020)
Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs. 5 Crores on New Delhi Television Ltd (NDTV) for not disclosing information .....
Tags : Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs. 5 Crores on New Delhi Television Ltd (NDTV) for not disclosing information on loan agreements with Vishvapradhan Commercial (VCPL) to public shareholders.
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Guj. HC: Dispute Relating to Property Used in Trade & Commerce Constitutes Commercial Dispute(20.06.2022)
Gujarat High Court has held that to determine whether or not a dispute relating to property is a commercial dispute under Commercial Court's Act, 2015.....
Tags : Gujarat High Court, Commercial Courts, Property
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J&K HC: S. 37 of NDPS Act Comes Into Play When Bail of Accused is Being Considered on Merits(09.05.2025)
J&K HC has observed that Section 37 of NDPS Act comes into play when bail of an accused involving commercial quantity of contraband is being considere.....
Tags : J&K High Court, Section 37, Commercial Quantity
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Delhi HC Quashes Order Restraining Fox Mandal and Associates from Using ‘Fox Mandal’ Trademark(29.05.2025)
Delhi High Court has quashed an interim order passed by a commercial court restraining the law firm Fox Mandal and Associates from using the trademark.....
Tags : Delhi High Court, Commercial Court, FoxMandal
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Madras HC: Genuineness of Consignment Can’t be Suspected Because Invoice Contains Wrong Address(01.11.2017)
Madras High Court, while releasing the goods detained by Commercial department, has held that genuineness of a consignment cannot be suspected merely .....
Tags : Madras High Court, commercial invoice
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RBI Issues Revised Guidelines For Commercial Papers(03.02.2017)
Reserve Bank of India (RBI) has issued revised guidelines for commercial papers, including mandating that the issuer must disclose end-use of such fun.....
Tags : Reserve Bank of India, commercial papers
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Govt. Notifies Ordinance To Widen Pecuniary Jurisdiction Of ‘Commercial Courts’(07.05.2018)
Government has notified an ordinance to amend the Commercial Courts, Commercial Division and the Commercial Appellate Division in High Courts Act of 2.....
Tags : Ordinance, commercial courts
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RBI Relaxes ECB Norms for Accessing Foreign Loans(01.12.2015)
Reserve Bank of India (RBI) has unveiled a revised External Commercial Borrowing (ECB) policy, entailing, among other things, a more liberal approach.....
Tags : Reserve Bank of India, External Commercial Borrowing
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Delhi HC: Schedule IV of Arbitration Act Not Mandatorily Applicable on International Arbitrations(02.04.2025)
Delhi High Court has observed that the IVth Schedule of the Arbitration and Conciliation Act, 1996 pertaining to fees of the arbitrator will not apply.....
Tags : Delhi High Court, IVth Schedule, International Commercial Arbitration
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Writ Maintainable Against Interlocutory Orders of Commercial Courts: Gujarat HC(18.06.2018)
Gujarat High Court has ruled that writ petitions under Article 227 of the Constitution of India can be entertained by High Court against interlocutory.....
Tags : Gujarat High Court, Commercial Courts
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SC Panel Builds Digital Module, to Speed Up Disposal of Commercial Disputes(14.05.2020)
Supreme Court's E-Committee, in sync with Government’s initiative on ease of doing business, has developed a paperless module for commercial Courts, w.....
Tags : Supreme Court, Commercial Disputes
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Delhi High Court: Commercial Buyers can Seek Arbitration Even after Using Remedies under RERA(23.09.2025)
Delhi High Court held that commercial unit buyers are not barred from seeking arbitration relief after availing remedies under RERA, provided the arbi.....
Tags : Commercial Buyers, Arbitration, Remedies
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President Gives Assent to Commercial Courts (Amendment) act, 2018(22.08.2018)
President of India has given assent to Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts (Amendment) Act, 2018 w.....
Tags : President, Commercial Courts
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SC: Principle of Commercial Wisdom Doesn’t Validate CoC’s Decision Taken in Contravention of Law(08.05.2023)
Supreme Court has held that the principle of Commercial wisdom cannot be used to validate the decision of Committee of Creditors (CoC) which was taken.....
Tags : Supreme Court, Commercial Wisdom, Committee of Creditors
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Lending and Deposit Rates of Scheduled Commercial Banks - November 2023(30.11.2023)
Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the mo.....
Tags : Lending rates, Deposit Rates, Commercial Banks
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