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HC restrains Institute of Chartered Tax Advisers of India Ltd. against use of trademark ‘ADIT’ till Pendency of Suit

April 8, 2022 1200 Views 0 comment Print

Trademark ‘ADIT’ which was first adopted by the Plaintiff, the Defendant who is also using the name ‘Institute of Chartered Tax Advisers of India Ltd.’, cannot be allowed to launch a course under a name which is identical to that of the Plaintiff.

Member of Indian Legal Service cannot be appointed as a Judicial Member under Benami Transaction Act

April 8, 2022 783 Views 0 comment Print

V. Vasanthakumar Vs Union of India (Madras High Court) Section 32(2)(a) of the Prohibition of Benami Property Transactions Act, 1988, postulates the qualifications for appointment of a Judicial Member and, as per the said provision, a Member of the Indian Legal Service who held the post of the Additional Secretary or equivalent post in that […]

Work experience/turnover requirement in tender cannot be termed as anti-competitive

April 8, 2022 2889 Views 0 comment Print

The Commission is of the opinion that a work experience requirement of one year or minimum turnover requirement as alleged in the Information, does not in itself can be said to be anti-competitive.

Allegation of bundling/tying of food ordering services with food delivery services against Zomato: CCI founds no contravention

April 8, 2022 4557 Views 0 comment Print

Rohit Arora Vs. Zomato Private Limited (now Zomato Limited) (Competition Commission of India) On careful perusal of the Information, material available on record and submissions filed by the parties, the Commission finds that the grievance of the Informant primarily stems from the three incidents cited in the Information. The first incident pertains to the food […]

Mere Common ownership not sufficient to prove Bid-Rigging: CCI

April 8, 2022 2700 Views 0 comment Print

Mere commonality of ownership does not imply contravention of the provisions of Section 3(3)(d) of the Act, unless there is material on record to substantiate the allegations of bid rigging by way of collusion.

Exclusive arrangement in a vertical chain is not an anathema under competition law: CCI

April 8, 2022 1038 Views 0 comment Print

CCI observes that certain restrictions which are placed on exclusive outlets/dealers by the manufacturers may not always be termed as anti-competitive. An exclusive arrangement in a vertical chain is not an anathema under competition law, when supported by circumstances warranting such exclusivity when looked at objectively.

No bid–rigging proved in Govt tenders by Samsung India & Others: CCI

April 8, 2022 1509 Views 0 comment Print

Vipul Jain Vs. Samsung India Electronics Private Limited and Others (Competition Commission of India) It has been stated that during the course of his business, the Informant has discovered that OPs have formed a cartel in response to certain tenders floated by various government departments for procurement of smartphones, It has been alleged that OP-1 […]

RBI enhances existing HTM limit of NDTL to 23 per cent of NDTL

April 8, 2022 2556 Views 0 comment Print

On a review, it has now been decided to further enhance the existing HTM limit of 22 per cent of NDTL to 23 per cent of NDTL and allow banks to include securities acquired between April 1, 2022 and March 31, 2023 under the enhanced limit of 23 per cent.

Individual Housing Loans – Rationalisation of Risk Weights till 31.03.2023

April 8, 2022 1182 Views 0 comment Print

Rationalization of risk weights on Individual Housing Loans in terms of which risk weights were rationalised irrespective of the amount, for all new housing loans sanctioned from October 16, 2020 and up to March 31, 2022. On review, it has been decided to continue with the risk weights contained in circular DOR.No.BP.BC.24/08.12.015/2020-21 dated October 16, […]

Ministry of Commerce and Industry, Footwear Design and Development Institute, Executive Director Recruitment (Amendment) Rules, 2022

April 8, 2022 585 Views 0 comment Print

These rules may be called the Ministry of Commerce and Industry, Footwear Design and Development Institute, Executive Director Recruitment (Amendment) Rules, 2022.

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