The High Court of Rajasthan (“RHC”) has, by its order dated April 7, 2020 (“Order”), held that an approved resolution plan under the Insolvency and Bankruptcy Code, 2016 (“IBC”) is binding on government authorities and consequently quashed the notices seeking payment of excise duty and services tax issued by the Goods and Service Tax department […]
The Competition Commission of India (“Commission / CCI”) has invited public comments on the proposed amendment to the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2020 (“Combination Regulations”). The proposed amendment omits Paragraph 5.7 from FORM I filings which seeks information regarding non-compete restrictions agreed […]
We are pleased to share with you the copy of our latest publication of GST Café, a briefing on the amendment of rules prescribed under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019. We trust that you will find the same useful. Looking forward to receiving your valuable feedback. For any further information/ clarification, please […]
We are pleased to share with you the copy of our latest publication of GST Café, a briefing on the amendment of rules prescribed under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019. We trust that you will find the same useful. Looking forward to receiving your valuable feedback. For any further information/ clarification, please […]
The Hon’ble Prime Minister, Sh. Narendra Modi, had announced a stimulus package of Rs. 20 lakh crore, constituting 10% of the GDP, in his address made to the nation on 12th May, 2020 under ‘Atmanirbhar Bharat Abhiyaan’ to save the lockdown-battered economy. The Hon’ble Finance Minister, Smt. Nirmala Sitharaman, (‘FM’) addressed a press conference on […]
Vaish Associates Advocates had earlier issued Frequently Asked Questions on Force Majeure and Contractual Obligations due to the impact of Covid-19 on on-going contracts. In continuation of the same, along with a recent judgement clarifying the extent to which the parties can validly invoke the doctrine of frustration under the Indian Contract Act, 1872, we […]
