The Government has over the past couple of months announced a series of changes in the existing regulations governing foreign investment in newspapers, periodicals and magazines. The December 2008 Ministry of Information and Broadcasting guidelines read with the latest Press Note 1 of 2009 go halfway in permitting the publication of foreign newspapers in India....more...

The Income-tax (Twelfth Amendment) Rules, 2007 (“Valuation Rules”) were notified on October 23, 2007 and shall be effective for the assessment year 2008-2009. These much-awaited rules prescribe the methods that companies must adopt in valuing stock options that have vested with their employees....more...

We secured an unprecedented ruling against a statutory body – the Karnataka State Human Rights Commission - when the High Court of Karnataka set aside a ruling of the Commission against our client, a serving police officer. The High Court accepted our stand that the Commission had passed a ruling in excess of its jurisdiction and without affording our client the opportunity to be heard....more...

Siddharth Muchandi of HS Chandramouli Associates has joined ALP with effect from November 1, 2009....more...

Siddharth Gyaltsen has joined Atman Law Partners w.e.f. November 1, 2009 as Of Counsel. Siddharth is dual-qualified in the UK and India and previously worked in the UK with a magic circle firm. Siddharth has extensive oil and gas and renewables experience and adds strong energy capabilities to the firm. ...more...