On National Technology Day, Amrit Mehta, Corporate Partner at Majmudar & Partners, addresses certain key legal issues for tech start-ups in India.
Compensation received under an arbitral award not “Other Income”
Download .pdf Background In 1998, Mahanagar Telephone Nigam Limited (“MTNL”) invited tenders for Code-Division Multiple Access (“CDMA”) technology supply on a turnkey basis. In 1999, a contract was awarded to a joint venture between Fujitsu Ltd. (“Fujitsu”), a...