2017-TIOLCORP-09-SAT

Mother Mira Industries Ltd Vs BSE LTD

Whether compulsory delisting of a company by BSE can be faulted if the company had failed to take steps for revocation of suspension when trading of its securities was initially suspended - NO: SAT

- Appeal dismissed: SECURITIES APPELLATE TRIBUNAL

2017-TIOLCORP-50-HC-DEL-IPR

Intercontinental Great Brands Llc Vs Dunn Foods Pvt Ltd

Whether non appearance of defendant in a case relating to passing off entails guilt on the part of defendant and calls for permanent injunction - YES : HC

Whether damages can be granted if the quantum of damages are not claimed in plaint - NO : HC

Case allowed: DELHI HIGH COURT

2017-TIOLCORP-06-SC-MISC

Vedanta Limited Vs Emirates Trading Agency

Whether a draft agreement can be taken as concluded contract when the other party in reply to such draft agreement sent a counter reply regarding supply and quantity but did not sign or stamp such agreement - NO: SC

Whether a mere backup support promised by one party to another for supply of material, can be relied upon as proof of conclusion of contract between them when there exists no concluded agreement to that effect - NO: SC

Whether a suit for breach of contract and damages is called for if there was no concluded contract under the terms of section 7 & 73 of the Indian Contract Act - NO : SC

Whether a contract can be termed as concluded contract when both the parties review, sign, stamp and return the contract - YES : SC

- Appeal Allowed: SUPREME COURT OF INDIA

ACC clears several JS level appointments (TIOL)

'Over 76000 companies come under provisions of Real Estate Act from today (TIOL)

Apex Grade benefits to three batches of IRS from CBEC - UPSC to hold DPC on May 9 (TIOL)

Benchmark for power in medium term to be Rs 3 per unit: Goyal (TIOL)

A primer on regulatory and taxation response to digital/virtual currency (TIOL)

Tax Sparing Credit- Welcome Clarity by Delhi High Court (TII)

Real Estate Act comes into effect from today (TOG)