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May 30, 2020

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The cases against Vijay Mallya

Name: Shalaka Sudhir Jagtap Roll No.: M1949 Fugitive liquor baron Vijay Mallya, whose written application for permission to appeal an order for his extradition to India was rejected by the United Kingdom High Court last week, and his failed venture Kingfisher Airlines Ltd, are under investigation by the Enforcement Directorate (ED), Central Bureau of Investigation (CBI), Serious Fraud Investigation Office (SFIO), and Securities and Exchange Board of India (Sebi) for loan defaults of over Rs 10,000 crore to a consortium of Indian banks led by the State Bank of India (SBI). Mallya faces charges of cheating, criminal conspiracy, money laundering Read More
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MRF failed to show that Metro had copied the substance, and the kernel of their advertisement

Name: Mihir Dhananjay Karande Roll No.: M1929 The role of Advertising in attracting consumer’s attention to a product or business is widely accepted. The companies therefore spend millions in creating product advertisement not only to attract consumer attention but also to differentiate their product from that of the competitors. This post discusses case brought by MRF Limited (MRF) against Metro Tyres (Metro) for copying concept of MRF NV, REVZ range of tires. The key issue before the Court was; whether the infringing copy needs to be an exact replica or a substantial/ material copy is sufficient to hold copyright infringement Read More
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MRF Case

MRF failed to show that Metro had copied the substance, and the kernel of their advertisement. Read More
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M/s Larsen & Toubro Limited vs DCIT

Name : Lakshana Mandluskar Roll no : M1927 College Name : Fr. C Rodrigues Institute of Management Studies Batch 2019-2021 M/s Larsen & Toubro Limited vs. DCIT (ITA No.262/Mum/2016) ITAT Mumbai, decided on 06/09/2019, one of the ground taken was, on the facts and in the circumstances of the case the CIT(A) had erred in holding that the assessment reopened u/s 147 is invalid and deleting the addition made by the AO on account of product warranty. The brief facts of the case were that the assessee company being engaged in providing Engineering and related services, filed its return of Read More
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Shein shut down in Delhi

Assignment. Roll.no 1955 New Delhi: Top Chinese e-commerce platform Shein has shut down partially and is refunding money to consumers following a crackdown by Mumbai Customs and backlash on Chinese online retail in India that has become popular with Indian buyers. “Major items on shein.in is imported in bulk and then dispatched. Due to customs clearance issue for import, there is no certain release date till now. To protect your interest we will cancel the order ….. & arrange refund at the earliest,” read a message to a customer after the order was cancelled. Shein’s mobile app and website prominently Read More
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Case study of Saint Gobain’s conflict with Union Bank

It was observed that the Acquirer belongs to Saint Gobain `Group and SGSF has proposed to renounce its right to subscribe to the equity shares of the Target company in the rights issue in favour of the Acquirer, since SGSF is not in a position to subscribe to the rights issue. it is also observed that the proposed acquisition would not result in any change in control over the Target company since the Acquirer belongs to the promoter group of the Target company, i.e., Saint Gobain Group. If after the rights issue, the unsubscribed shares are taken up by the Read More
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sebi-disposes-case-against-sterlite-technologies

Name-Sandhya Nalgude Roll No-M1946 College-Fr.C.Rodrigues Institute Of Management Sub- Legal Aspects Of Business.Capital market regulator Sebi today disposed of the case against Sterlite Technologies regarding failure by the firm to redress the investor complaints within the stipulated time. Securities and Exchange Board of India (Sebi) said that the charges against the company “could not be established”. “…in few cases the noticee (Sterlite Technologies) could not redress the complaints within stipulated time as it did not receive the requisite information from the complainants inspite of repeated reminders,” Sebi said. Sebi had observed that as on January, 2013, 8 investor grievances were Read More
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sebi-disposes-case-against-sterlite-technologies/articleshow/26106098.cms

AddCapital market regulator Sebi today disposed of the case against Sterlite Technologies regarding failure by the firm to redress the investor complaints within the stipulated time. Securities and Exchange Board of India (Sebi) said that the charges against the company “could not be established”. “…in few cases the noticee (Sterlite Technologies) could not redress the complaints within stipulated time as it did not receive the requisite information from the complainants inspite of repeated reminders,” Sebi said. Sebi had observed that as on January, 2013, 8 investor grievances were pending against Sterlite on the regulator’s online redressal system SCORES. The market Read More
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SEBI Disposes Case Against Sterlite Technologies

Add description for yoLegal Aspects Of Business Law Name- Sandhya Nalgude Roll No- M1946 STERLITE TECHNOLOGIES LTD. Case Study Summary : Capital market regulator Sebi today disposed of the case against Sterlite Technologies regarding failure by the firm to redress the investor complaints within the stipulated time. Securities and Exchange Board of India (Sebi) said that the charges against the company “could not be established”. “…in few cases the noticee (Sterlite Technologies) could not redress the complaints within stipulated time as it did not receive the requisite information from the complainants inspite of repeated reminders,” Sebi said. Sebi had observed Read More
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Raymond’s Legal case

Raymond was part of the legendary JK Group founded by Juggilal Singhania and Lala Kamlapat Singhania in 1918. It was one of the three big business empires in India, after the Tata and Birla groups, but was later split into three, headed by Gaur Hari Singhania in Kanpur, Hari Shankar Singhania in Delhi and Vijaypat leading Raymond in Mumbai. The relationship between Gautam Singhania and his father Vijaypat Singhania has declined spectacularly since the son took control of Raymond Group three years ago. Vijaypat Singhania thought he was keeping his billion-dollar Indian textile empire in the family when he gifted Read More
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