would also be able to conceal his income and operate a parallel economy with the use of black money. According to the final Report ... authorities can be used as black money in a parallel economy which, according to the Wanchoo Committee Report and according to common knowledge, is operating
havala transactions, circulation of black money and operations, of a vicious parallel economy causing serious damages to the economic fibre of the country. These Syndicates ... stated that the network of the Mafia is virtually running a parallel Government, pushing the State apparatus into irrelevance. It is thus most immediately necessary
would also be able to conceal his income and operate a parallel economy with the use of black money. According to the final Report ... authorities can be used as black money in a parallel economy which, according to the Wanchoo Committee Report and according to common knowledge, is operating
being a statute which aims at preventing the
proliferation of a parallel economy which is askew from the normal
Signature Not Verified
Digitally Signed
attempt was to stem the tide of parallel economy which had
fostered during the Second World War. One such attempt was made by
setting
Members,
especially developing countries, and particularly the least-developed and
smaller economies among them. Article 6 provides that Members are free
to incorporate the principle ... ensure the broadest flexibility for Members to resort to parallel
imports. Members should therefore confirm their right of applying
regimes of exhaustion of rights
interlocutory injunction which, in essence seeks to combat and eradicate parallel importation by third parties into India of products manufactured by the Plaintiff itself ... with the manufacturing process (such as India in the present case) whose economies have not received any economic benefit; are expected to expend their resources
global community as a whole, was one which perhaps has
no parallel in modern history. Even when this Court takes up the petition
today ... that we are
living in. Out of all the sectors of the economy bearing the weight of this
pandemic, the banking sector has been
Lalta Devi & Anr. vs Hdfc Ergo General Insurance Co Ltd & Ors. on 12
Chetan Malhotra vs Lala Ram on 13 May, 2016
Author: R.K.Gauba
Bench: R
