Update as on June 02, 2015

RECENT JUDGMENTS:

Supreme Court of India:

·         Indra Dalal vs. State of Haryana  [29.05.2015]

·         Shabnam vs. Union of India & Ors.  [27.05.2015]

·         Maharaji Educational Trust vs. SGS Construction & Dev. P. Ltd. & Ors.  [15.05.2015]

RECENT NOTIFICATIONS:

·         Rationalisation under LRS for Current and Capital Account Transactions

·         Auction of Government of India Dated Securities

·         Issue of Long Term Bonds by banks for Financing of Infrastructure and Affordable Housing – Cross Holding

·         Guidelines on Compensation of Non-executive Directors of Private Sector Banks

RECENT FOREIGN COURT DECISION:

England & Wales High Court (Chancery Division) Decision:

·         NRAM Plc v Paul Morgan Evans & Anor [2015] EWHC 1543 (Ch) (29 May 2015)