In Sandip v. State of Maharashtra (2026:BHC-NAG:7651-DB), the Bombay High Court quashed an FIR registered against persons accused of dealing in counterfeit branded goods, holding that allegations relating to the sale of goods bearing counterfeit trademarks cannot, by themselves, attract offences under the Copyright Act. Drawing a clear distinction between copyright infringement and trademark infringement, the Court observed that the […]
The Securities and Exchange Board of India (SEBI) has amended the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations) to streamline the procedural framework governing the transfer and transmission of securities. Through the SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2026, SEBI has amended Regulations 40(7) and 61(4) and omitted Clause […]
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]
The Delhi High Court, in CIT v. Ernst & Young U.S. LLP, has held that cost-to-cost salary reimbursements received by a foreign entity for seconded employees are taxable as Fees for Technical Services (FTS) under Article 12 of the India–USA DTAA where the ‘make available’ condition is satisfied. Reversing the Tribunal’s view, the Court noted […]
The Ministry of Home Affairs, Government of India has notified the Foreign Contribution (Regulation) (Amendment) Rules, 2026 (“FCRA Amendment Rules). The FCRA Amendment Rules have come into effect from 22nd June 2026. amending the Foreign Contribution (Regulation) Rules, 2011 (“FCRA Rules”) under the Foreign Contribution (Regulation) Act, 2010 (“FCRA”). For any clarification, please write to […]
In Ashok & Ors. v. Padam Chand & Ors., SLP (C) No. 18146 of 2025, the Supreme Court clarified that an arbitral award rendered during the pendency of a civil suit, without obtaining the Court’s leave under Section 21 of the Arbitration & Conciliation Act, 1940, cannot be enforced to non-suit the plaintiff. The Court […]
