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INDIA BUSINESS WORLD - DECEMBER 1st - DECEMBER 15th - 2007

The Month that was ...

News & important developments from the most prospective of the New World markets... India. Our effort is to provide you with the latest and relevant developments that take place in the Indian business, economic and legal environment.

ECONOMIC & LEGAL NEWS


DUAL PUNISHMENT FOR CUSTOM EVADERS: There could be a dual punishment for fraudulent evaders of custom duties among importers or exporters. The amended version of Prevention of Money Laundering...More....

APEX COURT TO TEST BROKER NORMS: The Supreme Court has decided to examine if the amended rule relating to computation of turnover of a stock broker for the purpose of levy of fee could be given retrospective...More....

MADRAS HIGH COURT STAYS DRUG COMBO BAN: In yet another reversal for the government, the Madras High Court (HC) has stayed the government's notification to force state drug regulators to weed out combinations...More....

MADRAS HIGH COURT STARTS HEARING ON TVS-BAJAJ CASE : The much awaited case between TVS Motor and Bajaj Auto has come up for hearing before Madras High Court. Further hearings on the intellectual property case, filed by TVS Motor Company...More....

SUPREME COURT TO DECIDE ON SOFTWARE UPGRADE SPEND TAX LIABILITY: The Supreme Court has decided to examine whether expense incurred on upgradation of computer by changing software is capital expenditure or revenue expenditure for the purpose... More....

MINORITY SCHOOLS ALSO UNDER DELHI GOVERNMENT RULES, SAYS DELHI HIGH COURT: The Delhi High Court has said that minority schools are also covered under the Delhi Government rules for admissions of students in the Nursery class...More....

BMW CASE: SUPREME COURT DECLINES URGENT HEARING TO R K ANAND PLEA: The Supreme Court has declined to give urgent hearing to the application filed by leading Delhi lawyer R K Anand seeking allotment of his case, in which Delhi High Court has initiated...More....

ACADEMIC WORK SHOULD NOT SUFFER FROM DEPLOYMENT OF TEACHERS ON ELECTION DUTY, SAYS SUPREME COURT: The Supreme Court has directed the Election Commission to put the teaching staff of government schools on duty for roll revision and election work only on holidays...More....

DELHI HIGH COURT NOTICE TO CBI IN UPHAAR CASE: The Delhi High Court today issued a notice to the Central Bureau of Investigation (CBI) to respond to an appeal by builder Sushil Ansal challenging his two-year sentence...More....

SOHRABUDDIN REMARKS: SUPREME COURT ISSUES NOTICES TO MODI: The Supreme Court has issued notices to Gujarat Chief Minister Narendra Modi on two applications seeking his prosecution in the Sohrabuddin encounter case for his...More....

SUPREME COURT TO LAY DOWN GUIDELINES FOR ENTERTAINING PILS: The Supreme Court has decided to lay down guidelines for the courts in the country for entertaining PILs, in view of the two-judge bench judgement telling Indian Judiciary not to indulge in...More....

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