Update as on November 30, 2015

RECENT JUDGMENTS:

Supreme Court of India:

·        D. N. Jeevaraj vs. Chief Secretary, Govt. of Karnataka & Ors.  [27.11.2015]

·        State of U. P. & Ors. vs. Ajay Kumar Sharma & Anr.  [26.11.2015]

·        R. Dahiya vs. SEBI  [26.11.2015]

·        SEBI through its Chairman vs. Roofit Industries Ltd.  [26.11.2015]

·        State of Uttar Pradesh and others vs. United Bank of India and others  [26.11.2015]

·        State of Himachal Pradesh and others vs. Ashwani Kumar and others  [26.11.2015]

·        Securities & Exchange Board of India vs. ICAP India Pvt. Ltd.  [24.11.2015]

·        Shamsher Singh Verma vs. State of Haryana  [24.11.2015]

·        Commercial Taxes Officer vs. A Infrastructure Ltd.  [24.11.2015]

·        K. S. Soundararajan and Ors. vs. Commissioner of H.R. & C.E. and Ors.  [24.11.2015]

·        Commissioner of Central Excise vs. M/s. Nestle India Limited  [24.11.2015]

·        M/s. Shree Bhagwati Steel Rolling Mills vs. Commissioner of Central Excise & Anr.  [24.11.2015]

High Court of Bombay:

·        Anandrao Bapuso Patil & Anr. vs. The State of Maharashtra  [27.11.2015]

·        Smita Prakash Chikhale & Anr. vs. Gajanan Yashwant Khatu  [26.11.2015]

·        Nirmal Infrastructure Private Limited vs. Aanant Developers Private Limited  [26.11.2015]

·        The Oriental Insurance Company vs. Smt. Jaibunbi w/o Gulambeg & Ors.  [26.11.2015]

·        Beersing Charan Karosiya & Ors. vs. Tanhabai Pratap Karosiya & Ors.  [26.11.2015]

·        Municipal Council (Nagar Parishad), Osmanabad, through its Chief Officer vs. Shri Vikas Machindra Mane & Ors.  [26.11.2015]

·        Municipal Council (Nagar Parishad), Osmanabad, through its Chief Officer vs. Marathwada Sarva Shramik Sanghatana, Latur & Ors.  [26.11.2015]

·        Maharashtra Krishna Vally Development Corporation, Ahmednagar vs. M/s. M. D. Shinde & Co. & Ors.  [23.11.2015]

·        Master Sagar Prakash Chhabria vs. The Board of Control for Cricket in India & Anr.  [18.11.2015]

RECENT NOTIFICATIONS:

·        Investment by Foreign Portfolio Investors (FPI) in Corporate Bonds

·        Engagement of Services of Expatriate Officers in Indian Offices of Foreign Banks

·        Central KYC Records Registry (CKYCR) - template for Know Your Customer (KYC) and reporting requirements under Foreign Account Tax Compliance Act (FATCA)/ Common Reporting Standards (CRS)

·        Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) – Directions DNBS.PD.No. 234/CGM (US)-2011 dated December 2, 2011 and DNBR.CC.PD.No. 027/03.10.01/2014-15 dated April 08, 2015 – Revision of the loan amount with tenure not less than 24

·        Advance Remittance for Import of aircrafts /helicopters / other aviation related purchases

·        Import of Goods into India – Evidence of Import

·        Bank Finance to Factoring Companies

·        Online Returns to be submitted by NBFCs- Revised

RECENT FOREIGN COURT DECISIONS:

England & Wales High Court (Chancery Division) Decisions:

·        John Spencer Harvey v Dunbar Assets Plc [2015] EWHC 3355 (Ch) (26 November 2015)

·        RBS Rights Issue Litigation [2015] EWHC 3433 (Ch) (26 November 2015)

England & Wales High Court (Family Division) Decision:

·        AT v SS (No 2) [2015] EWHC 3328 (Fam) (18 November 2015)

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

·        Gillian Marshall v The Motor Insurers' Bureau & Ors [2015] EWHC 3421 (QB) (27 November 2015)