In a major structural overhaul of India’s labour regulatory regime, the Government of India has announced the enforcement of the four consolidated Labour Codes, Code on Wages (2019), Industrial Relations Code (2020), Social Security Code (2020), and Occupational Safety, Health and Working Conditions Code (2020), effective 21 November 2025. These reforms streamline 29 existing Central […]
In the November edition of our monthly newsletter “Legalaxy”, our team analyses some of the key developments in securities market, banking and finance, labour, environment and information technology. Below are the key highlights of the newsletter: SEBI UPDATES SEBI eases disclosure norms on RPTs by listed entities SEBI relaxes timeline for disclosure of allocation methodology […]
In Novenco Building and Industry A/S v. Xero Energy Engineering Solutions Pvt. Ltd. & Anr. (2025 INSC 1256), the Supreme Court held that in cases of continuing infringement, urgency must be assessed based on the nature of the alleged wrong and its ongoing impact, not merely on the time taken to file the suit. The […]
The Bombay High Court, in Classic Legends (P.) Ltd. v. ACIT, held that an assessee cannot be treated as an “eligible assessee” under Section 144C(15)(b) of the Income Tax Act, 1961, where no variation in income arises pursuant to a Transfer Pricing Officer’s (TPO) order. Upholding the Gujarat High Court’s ruling in Pankaj Extrusion Ltd., […]
We are pleased to share with you our latest Customs and GST Alert, covering recent judgments and regulatory updates. We trust that you will find the same useful. Looking forward to receiving your valuable feedback. For any clarification, please write to: Mr. Shammi Kapoor Senior Partner [email protected] Mr. Arnab Roy Partner [email protected]
In Cognizant Technology Solutions India Pvt. Ltd. v. Atyati Technologies Pvt. Ltd. (SLP (Civil) No. 25582 of 2025), the Supreme Court set aside the Bombay High Court’s order restraining Cognizant from using its hexagonal logo, allowing continued use pending final adjudication of the interim injunction. The Court held that the Division Bench erred in interfering […]
