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EXPLAINED

An Introduction To Trade Remedies: Their Need & Working

The World Trade Organisation Members aspire for free trade, however, free trade does not always imply fair trade. Although, as a result of liberalization, there has been the advent of many players in the International market which has increased scope for freer competition, yet, as they say, all that glitters …

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Lok Sabha Passes Surrogacy (Regulation) Bill To Outlaw Commercial Surrogacy

New Delhi, December 20: Amidst frequent disruption and chaos, the Lok Sabha on Wednesday passed the Surrogacy (Regulation) Bill which was introduced in 2016. The Bill attempts to effectively outlaw commercial surrogacy but allows surrogacy for non-commercial or altruistic needs. It also ventures to end the exploitation of surrogate mothers and ensures the …

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Pharmacy Fiasco: Online Pharmacies To Seek Legal Recourse As Madras High Court Bans Online Sale Of Drugs & Medicines

Chennai, December 19: Six e-pharmacy companies approached the Madras High Court to appeal against the recent order directing a blanket ban on the online sale of medicines till the Government of India comes out with a new regulation. A common platform formed by these six major players have impleaded in the petition filed by the …

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IP Audit & Its Importance In Effective Management Of IPR

Intellectual property (“IP”)  assets can be defined as “Things of value that are not tangible but can be measured and managed and to which a value may be attached“. On the other hand, IP auditing can be defined as a systematic review of collated IP: owned, acquired, utilized or needed by …

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SC Quashes CCI’s Plea To Probe Jio’s Cartelisation Allegation

New Delhi, December 5: In a major relief to Vodafone Idea and Bharti Airtel, the Supreme Court today dismissed the Competition Commission of India’s (CCI) plea to allow it to probe the allegations made by Reliance Jio Infocomm Ltd of cartelization against its rival telecom companies. Reliance in 2016 approached the …

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National Pharmaceutical Pricing Authority: Analysis and Suggestions

To bring about a greater degree of transparency and objectivity to the pharmaceutical industry, the Government of India in 1997 constituted an advisory body – National Pharmaceutical Pricing Authority (NPPA), entrusted with the power to fix prices of bulk drugs and formulations. Most people in India buy healthcare from the …

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Serious Fraud Investigation Office (SFIO): Analysis & Suggestions

The Indian Government set up a committee on corporate governance under the chairmanship of Naresh Chandra, former Cabinet secretary. Based on the recommendations of the committee, the Central Government issued a resolution on 2 July 2003 constituting the Serious Fraud Investigation Office (“SFIO”), which works under the MCA. SFIO was …

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Is Section 34(5) Of The Arbitration Act Mandatory Or Directory: Supreme Court Interpretation

BACKGROUND This instant appeal arose out of an arbitral award passed on 06.01.2016. The award debtor in the instant case, (“Appellant”) challenged the said award by filing an application under Section 34 of the Arbitration and Conciliation Act, 2015 (“Act”) before Patna High Court. The Court issued a notice to …

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Dieselgate Scam: NGT Slaps Volkswagen With Rs 1 Bn For Flouting Emission Norms

NEW DELHI: Nearly four years after the Volkswagen’s emission-cheating scam came to the fore, a bench headed by National Green Tribunal (NGT) Chairperson Justice Adarsh Kumar Goel has asked the German car-making company’s India unit to deposit 1 billion rupees with the Central Pollution Control Board (CPCB) for not complying …

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All You Need To Know About The National Digital Communications Policy-2018

Union Cabinet chaired by Prime Minister Narendra Modi has approved National Digital Communications Policy-2018 (NDCP 2018). The government has also renamed the Telecom Commission which is the supreme decision-making body at the Department of Telecommunications (DoT) as the Digital Communications. Digital infrastructure and services are increasingly emerging as key enablers and …

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