2017-TIOLCORP-NEWS-017 | Tuesday, January 24, 2017

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COMPETITION LAWS
 
2017-TIOLCORP-04-COMPAT

Binani Cement Ltd Vs CCI

Whether proceedings can be allowed to be converted into an appeal or rehearing of a matter in the guise of review - NO : COMPAT

Whether Tribunal would exercise its power to review without production of any fresh evidence or fresh developments which necessitate the modification of earlier passed order - NO : COMPAT

Whether Tribunal would hesitate to revise its earlier order in review application when no error apparent on the face of the records - YES : COMPAT

- Review Application Dismissed: COMPETITION APPELLATE TRIBUNAL

 
FEMA & PMLA
  2017-TIOLCORP-01-HC-MAD-PMLA

Parasmal Lodha Vs UoI

Whether XI Additional Sessions Judge who is not notified u/s 43 needs to transfer the case to the Principal Sessions Judge to try the offence under the PMLA due to lack of jurisdiction - YES : HC

- Petition disposed of : MADRAS HIGH COURT

 

 

 

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WTO IP rules amended to ease poor countrie's access to affordable medicines

 
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simply inTAXicating - Budget Expectations on Direct Tax (Union Budget 2017)
 
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