Update as on November 16, 2015

RECENT JUDGMENTS:

Supreme Court of India:

·        VNS College of Physical Education and Management Studies and others vs. State of Madhya Pradesh and others  [06.11.2015]

·        Rakesh Mohindra vs. Anita Beri and others  [06.11.2015]

·        Jupudy Pardha Sarathy vs. Pentapati Rama Krishna and others  [06.11.2015]

·        Gurudassing Nawoosing Panjwani vs. The State of Maharashtra and others  [06.11.2015]

·        M/s Cochin Shipyard Ltd. vs. M/s Apeejay Shipping Ltd.  [06.11.2015]

·        Parvaiz Ahmad Parry vs. State of Jammu & Kashmir & Ors.  [06.11.2015]

·        All Kerala Online Lottery Dealers Association vs. State of Kerala & Ors.  [05.11.2015]

·        Unitech Ltd. & Anr. vs. Union of India & Anr.  [04.11.2015]

·        VSE Stock Services Ltd. vs. S.E.B.I & Anr.  [04.11.2015]

High Court of Bombay:

·        Mallika Sherawat alias Reema Lamba vs. State of Maharashtra, through its P.S.O. Pandharkawda,  Dist. Yavatmal & Anr.  [29.10.2015]

·        Hemant Tukaram Karande vs. State of Maharashtra, through Police Station Officer, Police Station, Sadar, Nagpur   [27.10.2015]

RECENT STATUTE:

·        Service Tax (Second  Amendment) Rules, 2015

RECENT NOTIFICATIONS:

·        Fixation of T V of Edible oil, Brass, Poppy seed, Areca nut, gold and Sliver

·        Seeks to provide composition rate for Swachh Bharat Cess as applicable to ST under sub-rules 7,7A,7B,7C of rule 6 of STR, 1994

·        Seeks to provide that provisions of notification No. 30/2012 - Service Tax dated the 20th June,2012 shall be applicable for the purposes of Swachh Bharat Cess

·        Seeks to amend notification No.22/2015-ST dated the 6th November, 2015 so as to specify that Swachh Bharat Cess will be calculated on abated value

·        Payment of agency commission – Certification of claims by external auditors

·        Fixation of T V of Edible oil, Brass, Poppy seed, Areca nut, gold and Sliver

·        Swach Bharat Cess Notification

·        Seeks to further amend notification No. 12/2012-Central Excise, dated 17.03.2012 so as prescribe the Basic Excise Duty (BED), with effect from 07.11.2015, on the following products at the rates indicated below: (i) Unbranded petrol from Rs.5.46 per litre to Rs. 7.06 per litre; (ii) Branded petrol from Rs. 6.64 per litre to Rs. 8.24 per litre; (iii) Unbranded diesel from Rs.4.26 per litre to Rs. 4.66 per litre; and (iv) Branded diesel from Rs.6.62 per litre to Rs. 7.02 per litre.

·        Rate of exchange of conversion of the foreign currency with effect from 6th November, 2015

·        Risk Management & Inter-Bank Dealings: Relaxation of facilities for residents for hedging of foreign currency borrowings

·        Software Export – Filing of bulk SOFTEX-further liberalisation

·        Switching from Barter Trade to Normal Trade at the Indo-Myanmar Border

·        Internet Banking Facility for Customers of Cooperative Banks

·        Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR

·        Inclusion of the name of “Korea Exchange Bank Co., Ltd.” in the Second Schedule to the Reserve Bank of India Act, 1934

·        Exclusion of the name of “HSBC Bank Oman S.A.O.G.” from the Second Schedule to the Reserve Bank of India Act, 1934

·        Alteration in the name of “Antwerp Diamond Bank N.V.” to “KBC Bank N.V.” in the Second Schedule to the RBI Act, 1934

·        Inclusion of the name of “Bandhan Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934

·        Inclusion of the name of “Industrial Bank of Korea” in the Second Schedule to the Reserve Bank of India Act, 1934

·        Notification under section 7 of Customs Act, 1962

RECENT FOREIGN COURT DECISIONS:

England & Wales High Court (Chancery Division) Decisions:

·        Blue Tropic Ltd & Anor v Ivane Chkhartishvili [2015] EWHC 3260 (Ch) (13 November 2015)

·        Public Joint-Stock Company Commercial Bank "Privatbank", Re [2015] EWHC 3299 (Ch) (13 November 2015)

·        Property Alliance Group Ltd v The Royal Bank of Scotland Plc [2015] EWHC 3272 (Ch) (13 November 2015)

·        Sharp & Ors v Blank & Ors [2015] EWHC 3220 (Ch) (12 November 2015)

·        Apex Global Management Ltd & Anor v FI Call Ltd & Ors [2015] EWHC 3269 (Ch) (11 November 2015)

·        Jane Rebecca Ong & Ors v Ong Siauw Ping [2015] EWHC 3258 (Ch) (11 November 2015)

·        Olive Blake & Ors v Sonia Rosetta Stewart & Ors [2015] EWHC 3241 (Ch) (10 November 2015)

·        Coilcolor Ltd v Camtrex Ltd [2015] EWHC 3202 (Ch) (06 November 2015)

·        Ras Al Khaimah Investment Authority & Ors v Bestfort Development LLP & Ors [2015] EWHC 3197 (Ch) (05 November 2015)

·        Carol Guthrie v Drew Brian Morel & ors [2015] EWHC 3172 (Ch) (05 November 2015)

·        Property Alliance Group Ltd v The Royal Bank of Scotland Plc [2015] EWHC 3187 (Ch) (05 November 2015)

England & Wales High Court (Family Division) Decisions:

·        Medway Council v L & Anor [2015] EWHC 3262 (Fam) (10 November 2015)

·        C (A Child) (Wasted Costs), Re [2015] EWHC 3259 (Fam) (09 November 2015)

·        F v Cumbria County Council & Anor (No 6) (Publicity) [2015] EWHC 3228 (Fam) (06 November 2015)

·        JS v RS [2015] EWHC 2921 (Fam) (06 November 2015)

·        KS v MK [2015] EWHC 3276 (Fam) (29 October 2015)

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

·        Elaine Winspear v City Hospitals Sunderland NHS Foundation Trust [2015] EWHC 3250 (QB) (13 November 2015)

·        Robert Lawrence Weston v Kenneth William Bates & Anor [2015] EWHC 3070 (QB) (11 November 2015)

·        LL v The Lord Chancellor [2015] EWHC 3273 (QB) (11 November 2015)

·        Martin Rallison v North West London Hospitals NHS [2015] EWHC 3255 (QB) (11 November 2015)

·        Karl Samuel Oyston & Anor v David Richard Ragozzino [2015] EWHC 3232 (QB) (09 November 2015)

·        Barclays Bank Plc v Mr Clive Jeremy Sutton [2015] EWHC 3192 (QB) (06 November 2015)

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

·        Van Oord UK Ltd & Anor v Allseas UK Ltd [2015] EWHC 3074 (TCC) (12 November 2015)

·        Iouri Chliaifchtein v Donald Jessop [2015] EWHC 3167 (TCC) (02 November 2015)

The Judicial Committee of the Privy Council Decisions:

·        Total Mauritius Ltd v Abdurrahman (Mauritius) [2015] UKPC 45 (11 November 2015)

·        The Queen v Crawford (Cayman Islands) [2015] UKPC 44 (11 November 2015)