Update as on July 15, 2014

RECENT JUDGMENTS:

High Court of Bombay:

·          The State of Maharashtra (At the instance of Satara City Police Station) vs. Akshay @ Akash Arun Bhandare  [14.07.2014]

·          Maharashtra Chamber of Housing Industries vs. The State of Maharashtra, through the Office of the Government Pleader, High Court, Original Side, Mumbai & Ors.  [14.07.2014]

RECENT NOTIFICATIONS:

·          Issue of Partly Paid Shares and Warrants by Indian Company to Foreign Investors

·          Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Standards /Combating of Financing of Terrorism (CFT) / Obligation of NBFCs under Prevention of Money Laundering Act (PMLA), 2002 Recognising E-Aadhaar as an 'Officially Valid Document' under PML Rules

·          Levy of foreclosure charges/pre-payment penalty on Floating Rate Loans

RECENT FOREIGN COURT DECISIONS:

England & Wales High Court (Chancery Division) Decision:

·          Chanan Singh Thandi v Mark Sands & Ors [2014] EWHC 2378 (Ch) (14 July 2014)

England & Wales High Court (Queen’s Bench Division) Decision:

·          Tata Consultancy Services Ltd v Prashant Ashok Singh Sengar [2014] EWHC 2304 (QB) (11 July 2014)