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Vaish Associates Advocates

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Section 66A of the Information Technology Act repealed

India - August 6 2015 In a landmark judgment upholding freedom of expression, the Supreme Court has struck down Section 66A of the amended Indian Information Technology

Fraud reporting by auditors

India - January 6 2016 Under Section 143 of the Companies Act, 2013, if an auditor of a company, in the course of the performance of his duties as auditor, has reason to

Rules for omnibus approval of related party transactions

India - January 6 2016 The Ministry of Corporate Affairs has prescribed the rules for omnibus approval of related party transactions. Under the newly inserted Rule 6A of the

CCI approves Walmart's acquisition of majority stake in Flipkart

India - December 6 2018 The Competition Commission of India (CCI) recently approved Walmart International Holding's acquisition of 51 to 77 of the outstanding shares in

Process of trial of criminal cases in India

India - September 2 2015 India has a well-established statutory, administrative and judicial framework for criminal trials. Indian Penal laws are primarily governed by 3

CCI approves Walmart's acquisition of majority stake in Flipkart

India - December 6 2018 The Competition Commission of India (CCI) recently approved Walmart International Holding's acquisition of 51 to 77 of the outstanding shares in

CCI finds Karnataka Film Chamber of Commerce guilty of anti-competitive conduct for fifth time

India - November 29 2018 The Competition Commission of India (CCI) has penalised the Karnataka Film Chamber of Commerce (KFCC), the Kannada Okkuta and various individuals -

CCI penalises Geep Industries for its part in bilateral ancillary cartel

India - November 22 2018 The Competition Commission of India has imposed a penalty of Rs96.4 million on Geep Industries (India) Private Limited, holding that although the

CCI ignores market realities and penalises sugar mills for cartel

India - November 15 2018 The Competition Commission of India (CCI) recently penalised several sugar mills and their trade associations for indulging in cartelisation in

Delhi High Court clarifies procedural and jurisdictional issues in CCI antitrust inquiry

India - October 18 2018 By way of a landmark judgment, the Delhi High Court recently clarified some important procedural ambiguities surrounding an inquiry by the Competition