NCLAT stays CCI ban on WhatsApp data sharing, experts weigh in, ET LegalWorld
The National Company Law Appellate Tribunal (NCLAT) stayed the ban imposed for five years on the sharing of WhatsApp data collected with other Meta Companies or Meta Company Products for advertising purposes. The bench of Justice Ashok Bhushan, (Chairperson) and Arun Baroka, Member (Technical) directed Meta to deposit 50% of the penalty, after taking into […]
Legal experts express concerns over potential data localisation curbs, while IT minister assures no backdoor entry in new data rules, ET LegalWorld
Legal experts assisting Big Tech and social media companies are concerned that a proposed committee may recommend curbs on certain data categories, although IT Minister Ashwini Vaishnaw has assured the data Rules published Friday don’t amount to a back-door entry for data localisation requirements. “With a proposed committee recommending that certain personal data may be […]
Will 2025 bring the tax simplification India needs? Experts weigh in, ET LegalWorld
This year’s main agenda on taxation must be to simplify direct and indirect tax policy. The income tax rate is set to be reviewed, and rate rationalization in the Goods and Service Tax (GST) is needed to determine the implications of the taxation policy. The expectation ranges from ease in compliance to incorporating technology, balancing […]
Which ruling boosted arbitration fairness? Experts weigh in, Legal News, ET LegalWorld
In 2024, India witnessed a landmark judgment related to arbitration. “As an arbitration practitioner, I consider the judgment of the Constitution Bench of the Supreme Court of India in the case of Central Organisation for Railway Electrification v ECI SPIC SMO MCML, to be of pivotal importance,” said Indranil D. Deshmukh, Partner (Head – Disputes), […]
GST Council recommends 18% tax on used vehicle sales, Experts weigh in, ET LegalWorld
In the 55th GST Council Meeting has recommended increase in the GST rate from 12% to 18 % on sale of all old and used vehicles, including EVs other than those specified at 18% – Sale of old and used petrol vehicles of engine capacity of 1200 cc or more & of length of 4000 […]
Is “mandatory annexures” a way out of false disclosure making? Experts weigh in, ET LegalWorld
The Security Exchange Board of India (SEBI) has suspended trading in the scrip of Bharat Global Developers Ltd till further orders on the ground of misrepresenting true state of affairs of the Company and its business which resulted the scrip seeing a steep 105-times jump in its share price from ₹ 16.14 in November 2023 […]
GST recommendations to create business-friendly environment, ensure fairness: Experts, ET LegalWorld
The 55th GST Council meeting has unveiled a series of pivotal recommendations designed to deliver targeted relief, streamline compliance processes, resolve industry ambiguities and promote trade facilitation, experts said on Sunday. Among the key proposals is a retrospective amendment to the blocked credit provisions, which now replaces the term “plant or machinery” with “plant and […]
Experts raise questions on BTS footage ownership, discuss fair use, ET LegalWorld
Recently, Actor Dhanush has moved the Madras High Court against actor Nayanthara and her husband and film director Vignesh Sivan for using video clips shot during the making of the Tamil movie Naanum Rowdy Dhaan, produced by him, in a docudrama released by Netflix on the actor titled ‘Nayanthara: Beyond the fairytale.’ This was in […]
Experts see CCI’s Google probe as step towards fair competition in India’s digital ecosystem, ET LegalWorld
Highlights The Competition Commission of India has initiated an investigation into Google’s practices, finding prima facie violations of the Competition Act of 2002 regarding its dominance in the advertising and application marketplace sectors. Google is accused of imposing unfair conditions that disadvantage competitors in the Real Money Gaming market, particularly affecting Daily Fantasy Sports and […]
Experts hail push for equality, Caution on PSU impact, ET LegalWorld
The Supreme Court has held that the principle of equal treatment of parties applies at all arbitration proceedings, including the appointment stage of arbitrators. Non-prohibition on empanelling potential arbitrators The Top Court observed that the Arbitration Act does not prohibit Public Sector Undertakings from empanelling potential arbitrators. However, an arbitration clause cannot mandate the other […]