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最高人民法院、知的財産権侵害関連指導版連6件を公表 - Intellectual Property

7月30日、最高人民法院は裁判規則の明確化と基準の統一を図り、第28回目となる「指導的事例」を公示した。公示された6件はいずれも知的財&#2998 ....

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Draft rules for direct selling industry will bring in accountability, regulatory clarity: Experts

Draft rules for direct selling industry will bring in accountability, regulatory clarity: Experts
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Finance ministry notifies new reduced GST rates on Covid essentials

Finance ministry notifies new reduced GST rates on Covid essentials
The reduced rates, which have come into immediate effect, will remain in force till September 30, 2021
The finance ministry has notified the new reduced goods and services tax (GST) rates on Covid essentials but remained silent on the rates of the items that are with the stockists.
The reduced rates, which have come into immediate effect, will remain in force till September 30, 2021.
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“It is better that the government should clarify for no disputes. stockists should be allowed refund as they have paid higher rates of GST on stocks prior to the latest notification and will be selling at a lower rate,” Bimal Jain, tax expert, said. ....

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No more leeway for personal guarantors post SC verdict

No more leeway for personal guarantors post SC verdict
By
IANS
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SC says remarks against top court growing and everybody joining (Photo Courtesy: Twitter). Image Source: IANS News
New Delhi, May 21 : With the Supreme Court on Friday upholding the Centre s notification of November 15, 2019, allowing financial institutions to proceed against individual personal corporate guarantors for recovery of loans of a company under Insolvency and Bankruptcy Code (IBC) proceedings, legal experts say this verdict will go a long way in terms of recovery of dues by the creditors.
DHFL s former promoter Kapil Wadhawan and Bhushan Power & Steel s former owner Sanjay Singal may be among the affected people post the verdict. ....

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IDBI-Sivasankaran deal raises hope for other defaulting promoters

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Former promoters of defaulting companies that are under the insolvency process can hope to take back control of their companies if the debt resolution process fails to find new owners. The recent decision by consortium of lenders led by IDBI Bank to allow C Sivasankaran to take ownership of his company by paying an amount higher than the liquidation amount may have raised hopes of erstwhile promoters such as Naresh Goyal, Anil Ambani and Punj Lloyd. The companies once owned by these promoters including Jet Airways, Reliance Communications and Punj Lloyd are heading towards liquidation under the IBC process.
Bad precedent ....

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