Corporate Legal News India
Recent changes to the U.S. Department of Justice`s criminal law enforcement policy promise more sticks than carrots, which could reduce the likelihood that companies will disclose their misconduct themselves and cooperate with the government, which could result in fewer criminal cases against companies and individuals. According to V&E`s lawyers, Amazon has asked a federal judge in Washington to dismiss a proposed class action lawsuit in which the retail giant was accused of illegal pricing through minimum margin agreements with product suppliers. We insist that customers benefit from their lower prices. Scammers use illegal telecommunications setups to illegally transfer ISD calls received over the Internet (VoIP) to domestic mobile and landline clients in India. Illegal telecommunications equipment mainly uses an Internet connection on one side and connects to the national mobile and fixed network to distribute calls that are not allowed by regulation. [Announcement on behalf of the LCLC Blog] The CCL blog is a two-stage peer-reviewed blog affiliated with the Centre for Corporate Law at the National Law University of Odisha. The blog aims to promote the goal of increasing the quality of knowledge in nuanced areas of company law and increasing engagement and discussion on current litigation. This would help strengthen research in this country.
In order to create a stimulating ecosystem that can help Indian companies compete with global maritime hubs by accelerating and strengthening their international presence, IFSCA has formed a Committee for the Development of Pathways for Ship Acquisition, Financing and Leasing Activities (“SAFAL Committee”) to obtain a comprehensive overview and assessment of the existing legal and regulatory system in IFSC in India for vessel acquisition. Financing and leasing. Mediation has gained considerable momentum as an alternative means of dispute resolution in India and around the world. This applies in particular to disputes involving commercial and commercial matters. In this context, an important question has arisen before the Supreme Court of India as to whether pre-litigation mediation is mandatory under Section 12A of the Commercial Courts Act 2015. In Patil. [Ad on behalf of HNLUSR] General information The Hidayatullah National Law University Student Review (HNLUSR) strives to publish innovative and original scholarships that make a significant contribution to the field of law. HNLUSR is a semester-led, student-edited, peer-reviewed, open-access law journal dedicated to the publication of law by legislators, judges and practitioners. The U.S. Supreme Court said Monday it will consider a law firm`s offer to protect clients` communications from subpoenas from a grand jury requesting documents for their tax advice in a case that affects the scope of solicitor-client privilege versus mixed-use legal advice. A federal judge in Maryland told lawyers for Instagram`s parent company on Monday that they couldn`t completely escape a lawsuit filed by a retailer of “beautiful adult utensils” with the username “lickmykakez,” which wants to use trademark law to make Meta Platforms Inc.
legally responsible for disabling their account and flooding the market with counterfeits. An attorney for the founder of information technology company Syntel Inc. told the Delaware Court of Chancery on Monday that the company met its disclosure requirements when it was sold in 2018 for $3.4 billion to a company that was later hit by a $570 million violation decision related to Syntel. While the recent repeal of the PDP Act[6] is seen as a sign of a long and winding road, regulators in sectors such as banking, financial services and insurance have not had the luxury of taking the scenic route. (iv) the highest fees payable in arbitration subject to the fourth list are INR 30,000,000, a ceiling applicable per arbitrator and subject to the right of a single arbitrator to an additional 25% on the fees payable under the fourth schedule; Kaushal Kishor Singh v. Sita Kuoni World Travel India Ltd. (Delhi High Court) – The mere filing of emails and Form 16A in no way proves that there was a relationship between the parties between the employer-workers. INTRODUCTION Are you planning to start a food business in India? Continue! But one thing to keep in mind is that before you start any type of grocery shopping, you must apply for a registration or license under section 31 of the Food Safety and Standards Act, 2006 and the rules set out therein. WHAT […]. [KV Kailash Ramanathan is a B.A., LL.B.
(Hons.) Student at the National University of Advanced Legal Studies (NUALS), Kochi] Article 14 of the Law on Securitization and Reconstruction of Financial Assets and enforcement of securities (“SARFAESI Law” or “Law”) provides legal assistance to creditors in the enforcement of their security rights in accordance with Article 13 of the Act. One. The path to a new general data protection law in India has been going on for more than a decade and has gone through several stages marked by the reports of the committees chaired by Judge A.P. Shah[1], Judge B.N. Srikrishna[2] and a Joint Parliamentary Committee (“JPC”) on the 2018[3], 2019 (“PDP Bill”)[4] and 2021 (“PBO”) Bills[5]. Continue reading RBI`s Digital Credit Recommendations: A Sign of the Way Forward? A trustee liquidator of a reorganized pharmacy company has filed an opposing lawsuit in a Texas bankruptcy court, accusing law firm BakerHostetler of helping facilitate a $100 million insurance settlement fraud scheme before the company filed for bankruptcy in 2017. FIG paper (No. 17 – Series 2) read more – New Digital Credit Guidelines – Impact on Industry Businesses can prepare for potential future claims from private complainants and manage litigation risks by understanding attorneys general`s priorities and enforcement trends – from greenwashing to missed diversity commitments, equity and inclusion, say Covington`s lawyers. [Dhiraj Abraham Philip is a lawyer at the Supreme Court of India and a partner at Dua Associates] In its July 20, 2022 decision in Indian Oil Corporation Limited v.
NCC Limited, the Supreme Court held that even after subsection (6-A) was inserted into section 11, the scope of the Court`s inquiry was not limited to considering whether a direction was not enforceable. 111 – (29/09/2022) – Permit for the national purchase of restricted goods (sand and soil) by developers / co-developers / units for the development of infrastructure / construction activities in special economic zones (SEZs) -. Health insurance buyers seeking more than $400 million from Sutter Health for allegations that they overpaid because the hospital chain violated antitrust laws urged the Ninth District on Monday to overturn a decision by the California federal jury that sided with Sutter. claiming that the court had falsely blocked “enormous” amounts of relevant evidence. 23.45 crore e-KYC transactions executed via Aadhaar in August Nearly 220 Crore Aadhaar authentications in August, the use and adoption of Aadhaar continues to grow UIDAI successfully executes 1.46 Crore Aadhaar resident update requests during the month from 24.2 lakh new Aadhaar listings took place in August; Aad hair saturation near. [Aastha Bhandari is in her fourth year at Jindal Global Law School] On July 28, 2022, the National Company Law Appellate Tribunal (“NCLAT”) rendered its judgment in Precious Energy Services Limited v. Regional Director, which concluded that a company`s negative financial results relative to its net assets and book value per share have nothing to do with determining ownership of a company. Jagdish Prasad Saini vs State of Rajasthan (Supreme Court of India) – Since the term “salary” included the benefit of vacation redemption, which was nothing more than the salary for unused leave in the employee`s account, the condition that the transfer of privileged leave of pay was excluded and required employees to request the redemption of their previous recommendation.
