Tag: India
Consumer protection not for commercial users
The Supreme Court ruled that goods and services used commercially are excluded from the Consumer Protection Act’s definition of a consumer
FIIs should inform SEBI about material changes
SEBI requires FIIs and sub-accounts to report material changes in submitted information to ensure continued compliance with its regulations.
‘Completely knocked down’ car kit tariffs
A brief look at customs duty rules and CKD definitions for car imports in India
State secrets can be revealed under RTI Act
The Delhi High Court clarified that public authorities cannot use copyright claims to deny RTI disclosures when the copyright belongs to the state.
Prepayment fees for home loans not a violation
The CCI found no breach of sections 3 and 4 of the Competition Act by banks charging prepayment penalties on home loans
No fundamental rights for visa seekers
Bombay High Court dismissed a foreign national’s plea challenging India’s employment visa policy, ruling that visa denial is not a justiciable issue
Foreign pharma threat could spur new FDI cap
India may cut FDI in pharmaceuticals to 49% to protect local companies
SEBI sets high standards for intermediaries
SEBI fined Enam Securities INR2.5 million for lapses during Yes Bank’s IPO due to lack of due diligence
