News
Patent revocation petition is maintainable even if defence of invalidity of suit patent taken in an infringement suit
20 January 2025
The Delhi High Court has in its Judgement dated 15 January 2025 held that a revocation petition is maintainable even if the petitioner had filed a written statement, taking a defence of invalidity of the suit patent under Section 107 of the Patents Act, in an infringement suit filed by the patentee. It was also held that a revocation petition can be filed or sustained (if already filed) after the expiry of the term of the patent.
LKS advises IndiaMART InterMESH Limited
16 January 2025
Lakshmikumaran & Sridharan Attorneys (L&S) acted as legal counsel for IndiaMART InterMESH Limited (‘IndiaMART’), India’s largest B2B marketplace, in secondary acquisition of securities of Mobisy Technologies Private Limited (‘Mobisy’).
Draft Digital Personal Data Protection Rules 2025 released
06 January 2025
The draft Digital Personal Data Protection Rules, 2025 have been released on 3 January 2025, over a year since the passing of the Digital Personal Data Protection Act, 2023, for public consultation and feedback. The Rules provide a much-needed operational framework based on which the DPDPA would apply to various entities, and provide further clarifications and guidance on the scope, extent and nature of various obligations.
Telecommunication towers are not immovable property – ITC is not deniable under Section 17(5)(d)
03 January 2025
The Delhi High Court has held that telecommunication towers would not fall within the ambit of Section 17(5)(d) of the CGST Act and thus denial of input tax credit is consequently not sustainable.
55th GST Council Meeting – Highlights
23 December 2024
The 55th GST Council Meeting was held in Jaisalmer on 21 December 2024. The Council has recommended on number of issues including on rate of tax on various goods and services, measures for facilitation of trade and for streamlining compliances, and various other measures pertaining to law and procedures. Few of the important measures/changes as recommended by the Council and stated in the Ministry of Finance Press Release are highlighted below.
Zinc sulphate (agriculture grade) is a fertilizer – Sulphuric acid for manufacture of said item is eligible for exemption
18 December 2024
The Larger Bench of the CESTAT has on 12 December 2024 held that an assessee is eligible for benefit under Sl. No. 32 of Notification No. 4/2006-C.E., dated 1 March 2006 on procurement of sulphuric acid for manufacture of zinc sulphate (agriculture grade). Sl. No. 32 of the notification provided for nil rate of central excise duty on sulphuric acid used in the manufacture of fertilizers.
Patents – Filing of Divisional Application on the day of grant of patent in original application is not fatal
11 December 2024
The Madras High Court has quashed the Order passed by the Deputy Controller of Patents and Designs refusing to grant patent in respect of a Divisional Application on the ground that the same was filed after the grant of patent in respect of the original patent application filed by the applicant-appellant.
LKS triumphs in the 16th SILF Cricket Tournament 2024
02 December 2024
Lakshmikumaran & Sridharan Attorneys is happy to share that its cricket team won the 16th edition of the Society of Indian Law Firms (SILF) Cricket Tournament 2024. The Final was played in Modern School, Barakhamba Road, New Delhi on 1 December 2024. LKS team led by captain Anurag Kapur defeated S&A Law by 6 runs in the Final match.
Cenvat credit available on mobile towers and pre-fabricated buildings installed for providing output services
22 November 2024
The Supreme Court has on 20 November 2024 held that the telecom companies are entitled to avail Cenvat credit of the central excise duty paid on towers and shelters/Pre-fabricated buildings (PFBs) procured by them and installed/erected for providing output services of telecommunication services.
LKS advises IndiQus Technologies
22 November 2024
Lakshmikumaran & Sridharan Attorneys (LKS) acted as legal counsel for IndiQus Technologies in connection with its acquisition by Yotta Data Services, a managed data center service provider owned by the Hiranandani Group. IndiQus Technologies, the parent organization of Apiculus, is a cloud platform provider that collaborates with telecom service providers (Telcos, ISPs, and data center providers) globally, enabling them to build profitable in-country cloud businesses.