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Showing contexts for: NET compulsory in M/S.Phonographic Performance Limited vs M/S.Entertainment Network (India) ... on 27 April, 2023Matching Fragments
https://www.mhc.tn.gov.in/judis
75.Mr.Sreenath Sridevan, learned Senior Counsel who also appeared for the appellants pointed out the references in Para 37 and 38 to the judgment of Supreme Court reported in 2008 13 SCC 30 relating to the Berne and Rome conventions. The learned Senior Counsel stated that there must be a floor rate determination and stated that whether 2% of the net advertisement revenue is equitable for compulsory licence or not is a matter for consideration. But fundamentally, there must be a floor rate fixed and therefore, the learned Senior Counsel stated that cutting out the needle per hour rate method exposed the appellants to the vagaries of accounting and bargain arrangements.