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ISSUE VII : True construction of a contract: Guiding principles

Contract manufacturing means a work sub-contracted to any manufacturer by the owner of an intellectual property rights or product design. Depending upon the agreement between the parties, the manufacturer may even take the responsibility of marketing the products...
•May 2011••no comments
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ISSUE IX : Is the law regarding IMEI number adequate?

Every phone, either manufactured in India or outside, has a unique 17 or 15- digit code that identifies a mobile. This code is known as the International Mobile Equipment Identity (“IMEI”) number. The IMEI number is essential to...
•April 2011••no comments
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ISSUE IV : Defence procurement policy & procedure 2011: Highlights

As part of the ongoing modernization drive of the Indian armed forces, the central government has increased the allocated expenditure in the defence sector to US$ 37.3 billion approximately.
•April 2011••no comments
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ISSUE XV : Tax exemption for a not-for-profit organization

In order to promote the welfare of the society, the Income Tax Act, 1961 (“Act”), which is the principal legislation governing taxation laws of individuals as well as companies, LUATION IN RELATED PARTY TRANSACTIONS
•April 2011••no comments
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ISSUE VII : RBI’s monetary measures to monitor recession

With the world coming out of an economic crisis and India’s inflation rate and rate of interest soaring high, one cannot help but think whether we are heading the same way again. If anything is to be learnt...
•April 2011••no comments
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