Author: editorial

Bombay High Court Slams Advocates For Citing Wrong Judgements & Misleading It

The Bombay High Court has come down heavily on the tendency of lawyers of citing judgements without bothering to check whether those are still good law. The Court has warned that this unhealthy tendency shakes the confidence that the Court has in the lawyers

Posted in Legends of Law

Lawyers Should Learn How To Argue Matters From Chidambaram: CJI Thakur

Eminent Jurist and former Finance Minister, P. Chidambaram, came in for rich praise from Hon’ble Chief Justice of India T. S. Thakur

Posted in Legends of Law

Top Eminent Lawyers Charge Fees Of Rs. 1 Lakh (Per Hour)

Eminent lawyers are now charging fees of upto Rs. 1 lakh per hour according to a report in Bloomberg

Posted in Legends of Law

Tributes By Eminent Legal Luminaries To Tax Titan Chief Justice

Eminent legal luminaries like Shri. S. E. Dastur, Shri. N. M. Ranka, Dr. K. Shivaram and others from across the Country have paid their tributes to late Shri. S. H. Kapadia, the former Chief Justice of India, for his stellar contribution to the development of law and justice

Posted in Legends of Law

Demise Of Tax Titan Chief Justice, Avid Reader Of The AIFTP Journal, Leaves A Void

While there were several facets to the personality of late Shri. S. H. Kapadia, the former Chief Justice of India, one unknown facet is his fascination for the AIFTP Journal and his affection towards the ITAT Bar Association. The late Jurist was also vocal in his insistence that members of the legal fraternity should put “Duty to the Country” above everything else

Posted in Legends of Law

Why Was Nani Palkhivala So Highly Revered As A Genius? See For Yourself From His Lectures On The Union Budget

Nani Palkhivala, the late eminent Jurist, used to mesmerize the audience with his eloquence. His annual lectures on the Union Budget used to be attended by thousands of people from all walks of society. The crowds were so large that the lectures were held at the Brabourne Stadium in Mumbai. For the benefit of everyone, and especially the younger generation who would have never had an opportunity of watching Nani Palhivala in person, the Forum of Free Enterprise has made some of his lectures available on youtube. The lectures are a must-watch for all professionals to understand the depth of Nani Palkhivala’s thinking and also the simplicity and clarity with which he made his points understandable to the audience

Posted in Legends of Law

Can Harish Salve Bail Out Nokia In The Rs. 6000 Crore Tax Evasion Case?

Nokia India has got itself into a terrible mess over alleged failure to deduct TDS on royalty payments to its parent company. What would have ended with a mere 10% tax rate has now become a horrendous tax liability. It is now desperate to sell its assets but the Income-tax department has a strangle-hold over it and is calling all the shots. It will take all of Harish Salve’s wizardry to pull Nokia out from the deep hole it is in. Can he do it?

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Mohan Parasaran Won The Vodafone T. P. Battle But Will Harish Salve Win The War?

The war for supremacy in the Vodafone transfer pricing controversy has thrown fascinating insights into the brilliant strategies adopted by two of the finest legal minds in the Country, Harish Salve and Mohan Parasaran. Mohan Parasaran has drawn first blood but Harish Salve has his foot firmly in the door. Will Mohan be able to dislodge him? At stake is Rs. 1400 crore

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How To Find Clarity In Chaos: Fali Nariman

Fali Nariman’s autobiography “Before Memory Fades” deserves to be read and re-read because hidden in the fine print is some very valuable advice on the techniques that professionals should follow to improve their life and practice

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Be Inspired By The Hard Work Of Nani Palkhivala: Justice S. J. Vazifdar

Nani Palkhivala continues to inspire generations of lawyers & CAs, even though several years have passed since he left for his heavenly abode. Though a genius, his success was largely due to sheer hard work and the ability to do ordinary things the proper way. Justice Shiavax Jal Vazifdar urges all professionals to live up to the high standards set by Palkhivala and aspire to reach the heights reached by him

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