February 7, 2011
TweetIndia and Isle of Man have signed a Tax Information Exchange Agreement (TIEA) on 4th February, 2011 in London. This is the second TIEA being signed by India. First TIEA was signed by India with Bermuda in Delhi on 7th October, 2010. Salient features of the agreement with Isle of Man are: 1) It is based [...]
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February 7, 2011
Tweet Delhi High Court upheld the enforcement of a foreign Arbitration Award against an Indian company under Chapter I Part II of the Arbitration and Conciliation Act, 1996 and made it a decree of the Court. Reiterating the Supreme Court of India, the Court ruled that recognition and enforcement of a foreign award cannot be denied merely because [...]
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