Read, Cite & Subscribe DELHI LAW TIMES (DLT) Daily 208 (2014) DLT 18 (DB) TAXATION (INCOME TAX) — “Contingent Liability” — Expression defined under Accounting Standard 29 issued by Institute of Chartered Accountants of India — Definition also relevant for purposes of Income Tax Act as it clearly indicates liabilities which cannot be considered as deductible for purposes of determining taxable income of assessee. 207 (2014) DLT 777 CIVIL PROCEDURE CODE, 1908 — Order 7 Rule 11 — Rejection of Plaint — A part of the plaint cannot be rejected. 207 (2014) DLT 777 TRANSFER OF PROPERTY ACT, 1882 — Section 56 — Recovery of Debts Due to Banks and Financial Institutions Act, 1993 — Sections 17, 18 — Principle of Marshalling — Jurisdiction — DRT Act is not a bar for Civil Court to apply relief such as Section 56, Transfer of Property Act inasmuch as it was held that no prejudice is caused to the Bank inasmuch as it only directs that other properties be sold first to satisfy the mortgaged debt. 207 (2014) DLT 713 (DB) TRADE MARKS — Disparaging Advertisement — Injunction — Damages — Law recognizes that tradesmen and manufacturers may commend their goods and state that they are better than those of rival traders — Yet this is with an important caution that the publisher or advertiser should not make any false representation as to the quality or character of the rival or competitor’s goods or products. 207 (2014) DLT 713 (DB) TRADE MARKS — Disparaging Advertisement — Slander of goods is a species or branch of law of defamation — A reasonable man and an average man refer to same metaphor and imperfect recollection refers to a natural attribute of a reasonable or average man, what needs closer scrutiny is whether standard applicable in judging disparagement claims is if a particular class of user (Instantly, Dettol user) feels that statement is disparaging. LIKE US ON FACEBOOK//DLT PUBLICATIONS SHARE IT IF YOU LIKE IT
Posted on: Fri, 21 Mar 2014 08:48:21 +0000
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