Tags : Deposits, Release, Commercial bank
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All. HC: Commercial Tax Tribunal’s Order Upheld, Court Condones 1365 Days Delay on Sufficient Cause(29.01.2024)
Allahabad High Court while upholding the condonation of delay of 1365 days by the Commercial Tax Tribunal in filing of appeal has held that it is the .....
Tags : Allahabad High Court, Commercial Tax Tribunal, Condonation of Delay
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Bombay HC Seeks Govt’s Reply to US Couple’s Plea to Take Back Embryos(26.09.2016)
Bombay HC has asked Union Commerce Ministry and Indian Council of Medical Research to take a stand on a plea of an American couple to take back their .....
Tags : Bombay HC, commercial surrogacy
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Delhi High Court Restrains E-Commerce Firms from Selling Direct Sellers' Products Without Consent(10.07.2019)
Delhi High Court has restrained e-commerce firms like Amazon, Flipkart and Snapdeal from selling health and beauty products of direct sellers - Amway,.....
Tags : Delhi High Court, E-Commerce
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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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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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Delhi HC Pulls Up Ebay against Violation of Its Order(20.06.2016)
Delhi HC has pulled up e-commerce company, ebay, that violation of its order stopping the site from selling products under any name deceptively simila.....
Tags : Delhi HC , e-commerce company, ebay
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Revised framework for External Commercial Borrowing policy(30.11.2015)
The Reserve of Bank of India issued a revised External Commercial Borrowing policy. The revisions aim to reduce risk for lenders and make extended ter.....
Tags : External commercial borrowing, revised, 2015
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EPCH hails GST notification to ease procedure for merchant exporters(24.10.2017)
The Export Promotion Council for Handicrafts has welcomed the Government's decision to ease the procedure for merchant exporters. Handicrafts merchant.....
Tags : EPCH, GST notification to ease procedure for merchant exporters
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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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Ministry of Home Affairs Issues Guidelines on Exemptions to E-Commerce Platforms(27.03.2020)
Ministry of Home Affairs has issued a fresh set of guidelines to exempt e-commerce platforms engaged in the delivery of all essential goods including .....
Tags : Ministry of Home Affairs, E-Commerce Platforms
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Kerala HC: Occurrence of Commercial Difficulty to Perform Contract Not Excuse to Back Out(07.02.2022)
Kerala High Court has recently ruled that the occurrence of a commercial difficulty or hardship to perform a contract is not an excuse to back out fro.....
Tags : Kerala High Court, Occurrence of Commercial Difficulty
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Bom. HC: Can’t Interpret GST Act to Deny Right to Carry Trade And Commerce by Citizens(20.02.2023)
Bombay High Court while observing that constitutional guarantee is unconditional and unequivocal and must be enforced regardless of shortcomings in th.....
Tags : Bombay High Court, GST, Trade And Commerce
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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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Delhi HC Sets Aside President’s Order Rejecting Mercy Plea of Death-row Convict(29.06.2017)
Delhi High Court has set aside President’s order rejecting mercy plea of a death-row convict and reduced his sentence to life term.
Tags : Delhi HC, Mercy Plea
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NCDRC Asks Mercedes Benz to Pay Rs 2 Lakh to Customer(07.06.2019)
National Consumer Disputes Redressal Commission (NCDRC) has asked Mercedes Benz to pay Rs. 2 lakh to its customer as compensation for defects in the M.....
Tags : NCDRC, Mercedes Benz
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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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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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Lending and Deposit Rates of Scheduled Commercial Banks - January 2023(31.01.2023)
Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) for the month of Janua.....
Tags : Lending, Deposit Rates, Commercial Banks
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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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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 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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Bombay HC Upholds Order Allowing Bondholders to Vote on Resolution of RCFL(23.03.2022)
Bombay High Court has upheld the single-judge bench order in October allowing bondholders to vote on the debt resolution of Reliance Commercial Financ.....
Tags : Bombay High Court, Reliance Commercial Finance
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SC: Can’t Deny Permanent Status to Workmen Who Worked Without Interruption for 480 Days in 24 Months(22.05.2024)
SC has held that if workmen have worked without interruption for more than 480 days in 24 months in a commercial establishment engaged in activities o.....
Tags : Supreme Court, Permanent Status, Commercial Establishment
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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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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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Report of Task Force on e-Commerce Policy(02.01.2019)
A Think Tank on 'Framework for National Policy on e-Commerce' was established by Department of Commerce and a Task Force under the Think Tank was set .....
Tags : Task Force, Report, E-Commerce Policy
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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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Commerce Minister Holds Meeting With E-Commerce And Tech Companies(18.06.2019)
Union Minister of Commerce and Industry & Railways, Piyush Goyal, held an extensive consultation with tech industry and e-Commerce companies in New De.....
Tags : Meeting, E-Commerce, Tech Companies
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Draft National Policy on E-Commerce(24.07.2019)
A draft National e-Commerce policy covering various areas of e-Commerce, has been prepared and placed for comments in public domain. Views/suggestions.....
Tags : National Policy, E-Commerce, Draft
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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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Lok Sabha Passes Bill for Fast Disposal of Commercial Disputes(02.08.2018)
Lok Sabha has passed Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts (Amendment) Bill that seeks to bring down.....
Tags : Lok Sabha, Commercial Disputes
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MHA: E-Commerce Firms Can Deliver Only Essentials(20.04.2020)
Ministry of Home Affairs has rescinded permission to e-commerce firms to resume the sale and delivery of non-essential items from 20th April, 2020, a .....
Tags : Ministry of Home Affairs, E-Commerce Platforms
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Bombay HC Asks State to Take Action Against E-Commerce Dealers Supplying Non-Essential Items(26.05.2021)
Bombay High Court has asked the State to take immediate action against e-commerce dealers supplying non-essential items during the lockdown despite th.....
Tags : Bombay High Court, E-Commerce Dealers Supplying Non-Essential Items
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Karnataka HC: Foreign Arbitral Award Enforceable if Property Within Territorial Jurisdiction(04.04.2022)
Karnataka High Court has held that an international commercial arbitral award rendered between parties that have no link with India can be enforced by.....
Tags : Karnataka High Court, international commercial, arbitral award, territorial jurisdiction
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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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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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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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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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The new Agreement on Trade, Commerce and Transit between India and Bhutan has come into force with effect from 29th July 2017(31.07.2017)
The bilateral trade relations between India and Bhutan are governed by the Agreement on Trade, Commerce and Transit between the Government of India an.....
Tags : New Agreement, Trade, Commerce
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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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Madhya Pradesh HC: Benefit of MEIS Scheme Can't Be Availed If Not Opted in Shipping Bill(20.04.2022)
Madhya Pradesh High Court has ruled that the benefit of the Merchandise Exports from India Scheme (MEIS Scheme) can’t be availed if it is not opted fo.....
Tags : Madhya Pradesh High Court, Merchandise Exports from India Scheme, shipping bill, export
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SC: Decide Mercy Petitions at Earliest to Disallow Convicts in Taking Advantage of Delay(17.04.2023)
Supreme Court has directed all State Governments to ensure that mercy petitions in death penalty cases are decided and disposed of at the earliest so .....
Tags : Supreme Court, Mercy Petitions, Benefit, Disadvantage, Inordinate Delay
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SC: Consumer Disputes Can be Raised for Goods/Services Not Connected to Profit Generation(18.04.2023)
Supreme Court while observing that commercial enterprises are not excluded from definition of ‘Consumer’ under Consumer Protection Act, has held that .....
Tags : Supreme Court, Consumer Disputes, Commercial Enterprises, Profit Generation
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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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RBI seeks feedback on Draft Framework on External Commercial Borrowings(23.09.2015)
The Reserve Bank of India introduced the draft framework on External Commercial Borrowings for comments and feedback. The same may be sent by e-mail o.....
Tags : Rbi, external, commercial, borrowings
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E-commerce portal of MSME to enable all businesses to enhance global reach(22.07.2021)
National Small Industries Corporation, a PSU under the Ministry of MSME has a B2B MSME Global Mart Portal and efforts have been made to further streng.....
Tags : E-commerce, Portal, MSME
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Import/export policy for Human Biological Samples for commercial purposes: amendment Schedule - 1 (Import Policy) and Schedule - 2 (Export Policy) of ITC (HS), 2012.(04.08.2016)
The Central Government inserts Import Policy for Human Biological Samples for commercial purposes under General Notes 17 to Schedule - 1 (Import Polic.....
Tags : Import Policy, Insertion, Human Biological Samples, Commercial purposes
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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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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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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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Bombay HC: Running Clinics is not a Commercial Activity(25.10.2016)
Bombay High Court has held that a clinic run of a private doctor or their partnership firm can't come under the definition of 'commercial establishmen.....
Tags : Bombay HC, Clinics, private doctor, Commercial Activity
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Bombay High Court Stays MERC's Order to Stop Recording Proceedings(15.10.2018)
Bombay High Court has stayed Maharashtra Electricity Regulatory Commission’s order stating that it is stopping the practice of recording proceedings o.....
Tags : Bombay High Court, MERC
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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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Merchant Shipping (Maritime Labour) Amendment Rules, 2021(28.06.2021)
In exercise of the powers conferred by section 218A read with section 457 of the
Merchant Shipping Act, 1958 (44 of 1958), the Central Government, ha.....
Tags : Merchant Shipping, Maritime Labour
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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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Central Government Extends Last Date of Filing of QPRs/APRS by SEZ/EOU/Developers(30.06.2021)
Ministry of Commerce and Industry extended the last date of filing Quarterly Progress Report (QPRs) or Annual Performance Report (APRS) by Special Eco.....
Tags : Ministry of Commerce and Industry, Last Date of Filing of QPRs/APRS by SEZ/EOU/Developers
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Del. HC: Transfer Pricing Officer Doesn’t Have Jurisdiction to Question Commercial Expediency(15.07.2024)
Delhi High Court has observed that the authority of the Transfer Pricing Officer can only be extended to evaluating the enlistment of comparables or a.....
Tags : Delhi High Court, Commercial Expediency, Transfer Pricing Officer
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Del. HC: Loans and Advances by NOIDA are Not Commercial Activities, Hence Eligible for Exemption(15.07.2024)
Delhi High Court has held that loans and advances extended by the New Okhla Industrial Development Authority (NOIDA) do not come within the ambit of c.....
Tags : Delhi High Court, NOIDA, Commercial Activity
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Cal. HC: Applications Related to ICA Can be Entertained by Single Judge of Commercial Division(22.07.2024)
Calcutta High Court has held that Single Judge of the Commercial Division has the jurisdiction to entertain original applications that are related to .....
Tags : Calcutta High Court, Commercial Division, ICA
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Delhi High Court Orders Centre to Inquire 21 E-Commerce Sites(20.11.2015)
Delhi High Court has ordered Government to investigate 21 e-commerce websites for possible violations of Foreign Direct Investment (FDI) laws.
Tags : Delhi High Court, e-commerce websites
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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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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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RBI Orders Concurrent Auditors to Submit Reports on Non-Performing Loans Directly to Banks(25.09.2015)
Reserve Bank of India (RBI) has directed concurrent auditors of commercial banks to submit their review of non-performing loans directly to the banks .....
Tags : Reserve Bank of India,concurrent auditors of commercial banks
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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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CBIC Waives Interest for Non-Filing of GSTR-8 by Prescribed E-Commerce Operators(08.06.2022)
Central Board of Indirect Taxes and Customs (CBIC) has waived the interest rate on account of the non-filing of GSTR-8 by certain e-commerce operators.....
Tags : CBIC, GSTR, E-Commerce
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Death Penalty Execution: SC to Lay Down Procedure to Avoid Delays Once Mercy Petition is Rejected(09.09.2024)
Supreme Court has stated that, in order to avoid delay in execution of the sentence, it shall lay down the procedure required to be followed by the st.....
Tags : Supreme Court, Mercy Petition, Death Penalty
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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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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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