American collaborators and 1 person on behalf of the German collaborators. Such Director/Directors will hold office at the pleasure of the respective collaborators ... inviting foreign collaboration. It is mentioned therein that the foreign collaborators would give financial help, as also furnish the technical know-how. It has been
obtaining suitable technology for the project. Ultimately, Kanoria entered into a Technical Collaboration Agreement with the applicant Josef Meissner GMBH & Co. (hereinafter referred ... Meissner were defective and the technical know-how and the basic engineering supplied by Meissner under the Technical Collaboration Agreement were deficient. The engineers deputed
enterprise by the foreign parties and the other for technical collaboration. The terms for financial participation were disclosed in the explanatory statement; the terms ... their inspection offered. The court held that the agreement for technical collaboration is a matter peculiarly within the competence of the directors and ordinary shareholders
assessee.
5. The said agreement dated September 12, 1961, was a technical collaboration agreement. Hindusthan Steel Ltd. intended to establish a plant in India ... price for the technical cooperation and for the supply of drawings was to be paid in Germany. The entire technical collaboration and supply of drawings
Government of India for permission to enter into a fresh technical collaboration agreement so that it could continue to obtain the benefit of research being ... funds. It is established that it had need only of the technical collaboration arrangement to run profitably. What, therefore, motivated the businessman in the assessee
been pressed.
2. It is not in dispute that the Technical Collaboration Aggreement containing the
Arbitration Clause is valid and binding between the parties ... accepted on that count. It may be noted that the Technical Collaboration Agreement was approved before and after the same was signed by the parties
collaboration agreement remained valid.
9. Since Universal was entering into a technical collaboration with Aral, a foreign company, approval was necessary from the Reserve Bank ... India to enter into such technical collaboration. The Reserve Bank of India on November 25, 1994 granted such approval under the Foreign Exchange Regulation
circumstances of the case and on an interpretation of the technical collaboration agreement, the Tribunal was justified in allowing" the payment ... According to him, when the assessee on payment, for technical know-how under the technical collaboration agreement, acquires the benefit of enduring nature, therefore
writ petitioner to the American company under the provisions of the technical collaboration agreement.
2. Briefly stated the facts of this case are that ... affected person rather the American company being the beneficiary of the technical collaboration agreement is affected. It is the settled position of law that
production manager of the assessee were sent to Germany to acquire technical know-how for manufacturing electric hoists of a different
design and greater capacity ... assessee had gone to Japan with the object of negotiating a technical collaboration agreement with a Japanese company for the manufacture of scooters which
