Update as on October 01, 2015

RECENT JUDGMENTS:

Supreme Court of India:

·        Neeru Yadav vs. State of U.P. and Anr.  [29.09.2015]

·        Anil Kalra vs. J.D. Pandey and others  [29.09.2015]

·        Essar Teleholdings Ltd. vs. Central Bureau of Investigation  [29.09.2015]

·        The City Municipal Council Bhalki vs. Gurappa (D) by LRs & Anr.  [29.09.2015]

·        Samar Pal Singh vs. Chitranjan Singh  [28.09.2015]

·        Chintaman Namdev Patil (Dead) vs. Sukhdev Namdev Patil & Anr.  [28.09.2015]

·        K. P. Singh vs. State of N. C. T. of Delhi  [28.09.2015]

·        Commissioner of Customs, Bangalore vs. M/s. G. M. Exports & Ors.  [23.09.2015]

·        Jay Mahal Hotels Pvt. Ltd. vs. Rajkumar Devraj & Ors.  [23.09.2015]

·        Sushil Ansal vs. State through CBI  [22.09.2015]

·        Union of India vs. Reliance Industries Ltd. & Ors.  [22.09.2015]

·        International Advanced Research Centre for Powder Metallurgy & New Materials (ARCI) & Ors.  [22.09.2015]

High Court of Bombay:

·        ITC Limited vs. NTC Industries Ltd.  [29.09.2015]

·        Dr. Ajit Vishwanath Borade vs. The State of Maharashtra  [28.09.2015]

·        The Grampanchayat, Nadiwadi vs. The State of Maharashtra  [28.09.2015]

·        Nusli Wadia vs. S. Phiroze J. Dastur & Ors.  [23.09.2015]

·        Shri Akola Gujrati Samaj vs. Akola Municipal Corporation  [23.09.2015]

·        Shri Rajesh Babu (Gaju) Choutale vs. The State of Maharashtra  [22.09.2015]

·        State of Maharashtra, through its Secretary, Finance Department, Mantralaya, Mumbai & Ors. vs. Raju  Vishwanath  Bhushanwar  [22.09.2015]

·        Shri Kharatilal Haveliram Kalra (since deceased) by his legal heirs and representatives & Ors. vs. Shri Jagdish Rajaram Shah  [22.09.2015]

·        Shaikh Ali Ahmed s/o. Shaikh Ahmed Deceased through L.Rs. vs. The State of Maharashtra & Ors.  [22.09.2015]

·        Vijay s/o Ambadas Pawar vs. Amrut Vasantrao Deshmukh & Ors.  [22.09.2015]

·        Mandubai Vitthoba Pawar vs. The State of Maharashtra & Ors.  [22.09.2015]

·        Bapu s/o. Vithalrao Jadhav & Ors. vs. State of Maharashtra & Anr.  [22.09.2015]

·        Uttam s/o. Rambhau Oval vs. State of Maharashtra & Ors.  [22.09.2015]

·        Bharti Airtel Limited vs. The State of Maharashtra & Ors.  [22.09.2015]

·        Tulshidas s/o. Baliram Bastewad vs. The Mahatma Phule Krishi Vidyapeeth, Rahuri, Through its Registrar, Dist. Ahmednagar & Anr.  [22.09.2015]

·        Ahmed Pyarmohammad Atar & Anr. vs. Digambar Kalidas Salunke & Anr.  [22.09.2015]

·        Akkadian Housing and Infrastructure Pvt. Ltd. & Anr. Pantheon Infrastructure Pvt. Ltd. & Ors.  [21.09.2015]

·        Suresh Shankar Dethe vs. The State of Maharashtra [21.09.2015]

·        Shamrao s/o. Gyanbarao Bagate vs. The State of Maharashtra & Anr.  [21.09.2015]

·        Nagnath s/o Ankush Chate vs. The State of Maharashtra  [21.09.2015]

·        Yogesh Arujun Maral vs. The State of Maharashtra  [16.09.2015]

RECENT NOTIFICATIONS:

·        Rate of exchange of conversion of the foreign currency with effect from 30th September, 2015

·        Change in Bank Rate

·        External Commercial Borrowings (ECB) Policy - Issuance of Rupee denominated bonds overseas

·        Standing Liquidity Facility for Primary Dealers

·        Marginal Standing Facility

·        Liquidity Adjustment Facility – Repo and Reverse Repo Rates

·        Auction of Government of India Dated Securities

·        Banknotes with new numbering pattern and special features for the visually impaired

·        Prudential Norms on Change in Ownership of Borrowing Entities (Outside Strategic Debt Restructuring Scheme)

·        Half yearly/Quarterly Review of Accounts of Public Sector Banks

·        Processing and settlement of import and export related payments facilitated by Online Payment Gateway Service Providers

·        Opening of foreign currency accounts in India by ship-manning / crew-management agencies

·        Partial Credit Enhancement to Corporate Bonds

·        Framework for Revitalising Distressed Assets in the Economy – Review of the Guidelines on Joint Lenders’ Forum (JLF) and Corrective Action Plan (CAP)

·        Constitution of the Audit Committee of the Board

·        Seeks to further amend Notification No.12/2012-Customs dated 17.03.2012

·        Issue of Central Excise notification (Non-Tariff) to notify conditions, safeguards and procedure for supply of tags, labels, printed bags, stickers, belts, buttons and hangers produced or manufactured in an EOU and cleared without payment of duty to DTA for exports in terms of Para 6.09 (g) of F T P 2015-20

RECENT FOREIGN COURT DECISIONS:

England & Wales High Court (Chancery Division) Decision:

·        Christopher Wood v Keith Lowe & Ors [2015] EWHC 2634 (Ch) (18 September 2015)

England & Wales High Court (Family Division) Decision:

·        Nicole Appleton v Liam Gallagher & Ors [2015] EWHC 2689 (Fam) (28 September 2015)

·        Pook (Declaration of Parentage), Re [2015] EWHC 2636 (Fam) (17 September 2015)

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

·        ABC v West Heath 2000 Ltd & Anor [2015] EWHC 2687 (QB) (23 September 2015)

England & Wales High Court (Technology & Construction Court) Decision:

·        Openview Security Solutions Ltd v The London Borough of Merton Council [2015] EWHC 2694 (TCC) (28 September 2015)

OTHER UPDATE:

·        The Negotiable Instruments (Amendment) Second Ordinance, 2015