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Detailed FAQ on the Distribution and Import of Pharmaceuticals in India Distribution of Pharmaceuticals in India The Indian pharmaceutical distribution system has a limited number of orbits – the pharmaceutical manufacturers; the clearing and forwarding agents (CFAs/ depots); stockists; wholesalers; and retailers. Clearing and Forwarding Agents What constitutes the role…
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Five Landmark Judgements on Cross Border Arbitration in India The world has become a global village with the advent of globalization. Business organizations have expanded themselves across and beyond borders leading to an increase in cross-border transactions. Agreements and contracts executed between commercial organizations many times go ugly, thus, giving…
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Criminal Action Against NRI’S in India A Non-Resident Indian (NRI) is an Indian that is located abroad or overseas, living outside the territory of India and has been legally defined under the Foreign Exchange Management Act of India, 1999 and the Income Tax Act of India, 1961 for the applicability…
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Alternative Investment Funds A CNBC article noted, "With the Stock market bland and the bond market bubbling, investors may have to search elsewhere in the months ahead for return." The investors who are tired of the stock markets wrench and their volatility and who have been continuously looking out for…
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Regulation Governing Cartels in India: An Analysis In August 2016, the Competition Commission of India (CCI) levied an immense penalty it has levied to date – a whopping 63.2 billion rupees- in the infamous Cement Cartel case. The origin of the Cement Cartel case was a complaint filed by the…
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An Analysis of Design Rights in India Have you ever crossed a person who doesn't love owning branded phones, shoes, cars, or jewellery? I don't think so. But for a fact, we can say that many people buy products that are copies of various original brands. Why? Because in today's…
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Video Game Censorship: Indian Purview With millennium progressing into the second decade, the governments in all the countries have brought Interactive Video Game Industry under its radar to restrict the increasingly graphic violence in the computer or digital games which intends to excite and interest the gamers. The chant of…
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Grounds for Rejection of the Plaint: The Indian Civil Procedure Code The plaint is petitioned for instituting a suit in the civil or commercial courts. A court of civil jurisdiction will be administered by the provisions of the Civil Procedure Code, 1908 (CPC). Order VII of CPC is visualized with the provisions…
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A Guide to Foreign Direct Investment in India Imagine that you are a child in India during the 1980s. Your uncle, who resides abroad in Switzerland, has come for his vacation and gifts you a goody bag filled with exquisite chocolates such as Lindt, Milka and Toblerone, all of which…
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Reciprocating Territory and Superior Court in the Indian Civil Procedurs Code The Ministry of Law and Justice of India has passed a notification on 17 January 2020 in the official Gazette of India declaring United Arab Emirates to be a reciprocating territory in respect with Explanation 1 to Section 44A of…
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The Enforceability of Smart Contracts in India Introduction In 1994, Nick Szabo, a legal scholar and cryptographer found that decentralized nature of cryptography could be used in smart contracts, which are basically self-executing contracts and ensure the performance of virtual agreements through blockchain technology to provide a hassle-free contract execution.…
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Dishonour of cheques in India as per Negotiable Instruments Act 1881 Introduction The whole concept of using cheques, even at this day and age where other progressive modes of transactions are available, is to keep proper record and use it as proof of payment. There are more security and surety…
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Bollywood Deals: Music Meets Dance Who isn’t a fan of Dilwale Dulhaniya Le Jayenge? The lens takes us to the romance set in the mountains of Switzerland to a typical wedding household in India with dance, music, drama, and emotion. Bollywood is one of the most prolific centers of film…
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The Indian Copyright Law Structure (IPR) “The right to be attributed as an author of a work is not merely a copyright, it is every author’s basic human right” ― Kalyan C. Kankanala The copyright law in India is in equal parity with the standards set by the agreement on Trade-Related…
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