Taxation regime in the country is complex and dynamic. With the ever changing tax scenario and Government’s commitment to implement the Direct Tax Code and Goods and Service Tax, it is natural for the tax regime to constantly change. Therefore, it becomes imperative for an organization to keep itself abreast of the ever changing scenario. Also, the complex taxation regime leads to difference of opinion on the applicability of tax. We, at PSL, use our years of experience to help our clients in many ways including structuring the transactions in a tax efficient manner, advising them on the constantly changing tax regime and representational services at all stages right from Departmental Level to up the Hon’ble Supreme Court.
With the growing inclination for investing in land and property, there is, understandably, a growing scale of disputes regarding the same, both with private persons and the State. In such cases, more often than not, the terms of contract are interpreted in such a fashion so as to saddle the liability upon the purchaser or the rapid change in land laws are not espoused so as to support its case. We, at PSL, have successfully defended the clients in such matters right up till the Supreme Court including the cases seeking quashing the land acquisition proceedings under The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 before the Hon’ble Delhi High Court.
Regulatory disputes are gaining prominence in today’s business environment and PSL is well equipped to effectively handle the same. We have worked in the field of electricity laws representing various generating, transmission, distribution and trading companies before Central Electricity Regulatory Commission, Appellate Tribunal for Electricity and the Hon’ble Supreme Court of India. We have also represented prominent companies in the matters involving synchronization of regional grids.
In an open market economy, some enterprises may undermine the market by resorting to anti-competitive practices for short-term gains. These practices can completely nullify the benefits of competition. It is for this reason that, while countries across the globe are increasingly embracing market economy, they are also re-inforcing their economies through the enactment of competition law and setting up competition regulatory authority. Hence, came in the Competition Act, 2002. Designed as an omnibus code to deal with matters relating to the existence and regulation of competition and monopolies, the Act is intended to supersede and replace the MRTP Act. The competition law is though fairly developed is still advancing by the day. It is imperative for anyone to take the best advice and representation when facing a matter connected with Competition Law. The Competition law team at PSL has an innate experience of handling wide variety of matters in Competition law and therefore well equipped to handle them effectively.
Corporate & Commercial law is an integral part of the operation and management effectiveness of the companies. Proper implementation and careful analysis of these laws ensures a smooth functioning of the corporate entities. PSL advises clients, irrespective of the sectors they deal in, on Corporate and Commercial law depending upon their individual needs. Our Clients involve Indian as well as International organizations looking forward to doing business in India. Our assignments include have included implementation of international turn-key projects, funds structuring and corporate law advisory. Further, we also serve medium to large corporate and government organizations in various aspects of corporate and commercial law. We focus on the generation of fruitful ideas while stepping ahead, the development of concept proposals, the identification of legal issues, drafting, reviewing, critically assessing and negotiating documentation and implementation of transactions.
Every business or artistic endeavor entails intellectual property rights in the form of trademarks, copyright or patents. They are an integral part of such endeavors which either spell out the identity or ownership of the person. Without the intellectual property rights having been properly espoused by a person, its efforts are always open to either being stolen or being misused. We ….
The Consumer Protection Act, 1986 opened up new avenues in the field of strengthening the rights of consumers in India and, with every important ruling, the scale tends to shift in favour of consumers while widening the sweep of the law. The provisions of the Consumer Protection Act effectively prevent the excesses and deficiency in services against the consumers. PSL has successfully conducted consumer cases up till the National Consumer Disputes Redressal Commission including, but not limited to, the multi-crore cases against builders or tricky medico-legal cases.