Trade Marks Act - Defendant commits passing off by giving link on its website redirecting customers to Tata Sky's website: HC (See 'Legal Desk') Trade Mark Act - Protection can be given to a wordmark even if it is unregistered but enjoys goodwill in course of its use: HC (See 'Legal Desk') Disney packs up Hindi film production business Snapdeal raises a further USD 21 mn from Luxembourg-based investor, Clouse SA Banks can now pre-approve small value personal loans for customers using ATMs as point of disbursal Assocham-PwC study reveals 300% surge in cyber crimes (See 'Corp Brief') RBI issues Master Directions for Non-Banking Financial Companies (See 'Corp Brief') Madras HC directs media not to publish name of lawyers in court news (See 'Corp Brief') Competition Act - COMPAT upholds CCI's order; no abuse of dominant position when appellant fails to produce any evidence on record: COMPAT (See 'Legal Desk') Competition Act - A real estate developer cannot be deemed to be enjoying dominant position in market when there are other developers rendering similar services in relevant market: CCI (See 'Legal Desk') MRTP Act - Wordings of insurance policy cannot be interpreted against insurer when there is no ambiguity in policy under which claim is made: SC (See 'Legal Desk') TCS settles law suit by paying $ 26 mn to Orange County (See 'Corp Brief') Cabinet approves 9 rail projects for an estimated cost of 24k cr SC to Law Commission - How effective is scheme of direct appeal from Tribunals to apex Court? (See 'Corp Brief') CCI gives green signal to HP and CSC merger (See 'Corp Brief') Merger of State Bank of Travancore and SBI faces opposition in Kerala (See 'Corp Brief') Govt may soon allow Wi-fi onboard flight Grievance redressal mechanism soon to address consumer complaints against e-tailers Cabinet approves amendment to India Cyprus DTAA; capital gains tax waver ends from April 2017 Trade Marks Act- Usage of generic term Companies Act - Change in equity pattern of company resulting in reduction of public shareholding cannot be challenged when such reduction takes place due to preferential allotment to other shareholders: HC (See 'Legal Desk') Paytm floats separate entity for online B2C e-commerce FM asks officials to implement Insolvency and Bankruptcy Code in time bound manner Masala bonds to spice up offshore borrowing (See 'CORP EINSICHT') FIPB clears seven FDI proposals worth Rs 290 cr Former Ranbaxy promoters argue Singapore Tribunal award unenforceable in India (See 'Corp Brief') ED registers fresh money laundering case against Vijay Mallya Copyright Act - Copyright infringement suit of value of Rs 1 crore falls below minimum pecuniary jurisdiction of High Court and specified value as per Commercial Courts Act: HC (See 'Legal Desk') SARFAESI Act - A provisional order of attachment under SARFAESI Act is valid when there are reasons to believe that such amount represents proceeds of a crime & likely to be transferred which may frustrate investigation process: HC (See 'Legal Desk') HDFC plans second issue of masala bonds (See 'Corp Brief') Important sections of Insolvency & Bankruptcy Code made effective from 19th Aug, 2016 (See 'Dash Board') Delhi HC directs Ranbaxy to file list of assets within 6 weeks (See 'Corp Brief') Future Group plans to buy Aditya Birla's super market business Birla corp acquires Anil Ambani's Reliance cement for Rs 4,800 cr Pfizer Inc plans to buy cancer drug Medivation for $14 bn Stocks, bond prices and rupee fell after announcement of Urjit Patel as new RBI Governor


By Sudipto Banerjee

Masala bonds to spice up offshore borrowing

Published: Aug 24, 2016