96 per cent of 301 respondents in Allen & Overy’s liberalisation survey, want liberalisation; 33 per cent feel Indian law firms provide “very good” services to large corporations, while 56 per cent feel they provide “good” services; More than 90 per cent want access to international legal exper...

SC empowers landowners to ask for dropping of land-acquisition proceedings on any of six grounds – land in green belt area, totally built-up land, land housing construction by religious, educational or charitable institutions, nursery lands, lands with factories, or similarity to adjoining lands not...

SEBI makes it mandatory for top 500 listed Indian companies, by market capitalisation, to provide electronic voting facilities to shareholders; Plans to create Qualified Audit Report review committee to enhance the quality of financial reporting done by listed entities; Plans to amend SEBI (ICDR) Re...

CCI imposes final order in 200 out of 267 investigations for alleged anti-competitive practices in sectors including insurance, automobiles, real estate, financial services and entertainment industry; Initiates suo motu inquiry against milk retailers for price rise [ Business Standard ] SC refuses t...

Calcutta HC holds Singur Land Rehabilitation and Development Act 2011 unconstitutional and void without presidential assent in its passage; Division bench sets aside order of the single bench holding it to be constitutional [The Hindu] CCI imposes Rs 6000 crore fine on cartelising cement manufacture...

UK-based general counsel Brett Farrell explains how a move from private practice to in-house roles means evolving from providing all legal information to providing a conclusive legal opinion for business; The opinion will nevertheless be challenged by businessmen [ The Lawyer ] SEBI obtains gov’t ap...

Mad HC clarifies that interim injunction that was used to block websites such as Piratebay, Vimeo was directed at only URLs with infringing content, instead of being a John Doe order that could block the entire website [Medianama] CCI holds top cement companies guilty of cartelisation; Looks to fine...

SEBI’s last three fiscals: 282 investigations out of which 57 were for insider trading, while 181 were for price rigging and manipulation in the market. 28 insider trading cases and 112 price-rigging cases were solved, warnings were issued in 63, suspensions and cancellations in a couple more, some ...

RTI confirms earlier Legally India figures that Rainmaker / BCI received Rs 4.8 crore / Rs 2.1 crore respectively through bar exam [ Bar & Bench / Legally India ] Luthra & Luthra partner Ameet Datta felicitated by artists for advising pro bono on the lobbying for copyright act amendment [ ...

ICANN publishes personal contact details, security information and financial performance details of around 2,000 domain applicant-companies, in breach of its own rules [ The Register ] Del HC makes webcam deposition debut: Court of joint registrar Girish Kathpalia records 83-year-old woman’s stateme...

Names of senior advocates Sidharth Luthra, A S Chandhiok and Rakesh Khanna put forward to become ASGs in SC after law ministry cleared their names for appointment - but LI hears no formal invitation letters been received yet by candidates; Chandhiok is presently ASG in Delhi HC; AG Vahanvati’s two y...

CUTS files formal complaint to CCI against Google under sections 3 and 4 of Competition Act 2002; Bases complaint on practices in Korea, Australia, EU [Medianama] SEBI tells SC that Sahara violated regulations by amassing Rs 27000 crore from 30 million investors in a private placement of optional fu...

CLAT 2012 candidate Donnie Ashok’s writ against GNLU Gandhinagar for denial of admission in the university, enters second day of hearing. Gujarat HC addresses GNLU’s counsel Rawal: “A practical application of Law should be made in this man’s case, this man being from such a poor background has score...

GNLU Gandhinagar allegedly violates own admission regulations: denies admission to successful CLAT 2012 candidate Donnie Ashok, on the ground that Ashok cleared his senior secondary school board examination in the second attempt. Ashok petitions to Ahmedabad HC, through educational trust IDIA. Court...

New SEBI norms tweak definition of QFI to include six gulf countries, all EC countries, and NRIs; Previously only Financial Action Task Force (FATF) members were QFIs [Business Standard] [ Circular] Lakshmikumaran & Sridharan tax partner Puneet Bansal leaves to become director at BMR Advisors, ...

Del HC justices Sidharth Mridul and Pradeep Nandarajog partially strike down new law ministry guidelines on judges’ foreign visits; Hold the guidelines as “lowering the dignity of constitutional posts” held by SC and HC judges [ Indian Express ] Addressing north-east-Indians by the popularly used de...

Notification exempting individual advocates from service tax when providing services to a business entity, will be effective from 1 July 2012; Notification shifts entire tax burden on business entity [ ITAT Online ] Planning Commission clarifies that it did not spend Rs 30 lakh on only two private t...

AP HC CJ Madan Lokur makes history as first judge to be sworn in to the Supreme Court during summer vacations [ IANS ] Additional solicitor general Indira Jaising accuses senior advocate CV Nagesh of gender bias, saying “you are allergic to women”, when he challenges her locus standi in illegal mini...

Desi “Hacktivists” Anonymous Opindia aim for June 9 mass “occupy protest”; They previously defaced and DDOSed government and corporate websites; Want gov’t to state stand on censorship [ The Hindu ] District-wise list of senior lawyers willing to guide students under internship, as promised under ru...

The Finance Act 2012 retrospectively brings indirect share transfers under it’s ambit after presidential assent to Finance Bill 2012 [ The Hindu Businessline ] Comms and tech subcommittee of US Congress will hear international proposals to regulate the internet tomorrow [ Notice of Hearing ] [ Link ...