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Archive: 11 January 2021

Posts in 11 January 2021

One sided terms & conditions in agreement for sale of flat amounts to unfair trade practice

January 11, 2021 7245 Views 0 comment Print

IREO Grace Realtech Pvt. Ltd. Vs Abhishek Khanna & Others (Supreme Court of India) Section 14 of the 1986 Act empowers the Consumer Fora to redress the deficiency of service by issuing directions to the Builder, and compensate the consumer for the loss or injury caused by the opposite party, or discontinue the unfair or […]

Forex Trading vs Stock Trading: Which Route Do You Go?

January 11, 2021 1473 Views 1 comment Print

You’ve likely heard that investing is an excellent way to grow your wealth, get out of debt and even build your savings. The problem, however, is determining which type of investing route you take. For many, trading is a style of investment that is quite intriguing. Rather than simply buying a stock and holding it […]

Civil aspect of fraud can be adjudicated by an Arbitral Tribunal

January 11, 2021 2634 Views 0 comment Print

The arbitration agreement would not be rendered invalid, un-enforceable or non-existent, even if the substantive contract is not admissible in evidence, or cannot be acted upon on account of non-payment of Stamp Duty.

PMLA Adjudicating Authority to ensure upload of orders within 48 Hours

January 11, 2021 7062 Views 0 comment Print

Bliss Abode Pvt Ltd Vs Zonal Office Directorate of Enforcement & Ors (Delhi High Court) The Delhi High Court directed that n order to avoid a dispute in future and to ensure fairness and non-arbitrariness, the Registrar of the Adjudicating Authority under the PMLA shall ensure that in future, all orders passed by the Adjudicating […]

Foreign Currency Account Opened In India

January 11, 2021 11781 Views 1 comment Print

Opening, holding and maintaining of foreign currency account regulated in terms of Section 9 of Foreign Exchange Regulation Act (FEMA) read with Foreign Exchange Management (Foreign Currency account by a Person Resident in India) Regulation, 2015. Resident are permitted to maintain foreign currency account in or outside India as per the provisions contained (Foreign Currency […]

Budget 2021 – An Ideal Platform to Kick Start Growth Engine of Indian Economy

January 11, 2021 1284 Views 0 comment Print

The foreign investors and non-residents are expecting from the FM to make certain announcements which would act the key driving factors for keep the market bullish and the momentum rising upwards. Few of such expectation are discussed below:

Refund allowable for service tax paid for extended period of limitation & interest thereon

January 11, 2021 837 Views 0 comment Print

Initially, the adjudicating authority rejected the refund claim holding that the appellant has not contested the service tax liability, therefore, the refund claim of service tax paid is not admissible.

HC allows extension for Import of poppy seeds from China

January 11, 2021 1605 Views 0 comment Print

Delhi High Court grants extension to poppy seed importers affected by COVID-19. Importers get two months to complete imports. Impugned order quashed.

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