Court Uncourt - Volume VIII Issue 3

In dieser Ausgabe

Worldwide, the contribution of the mining sectortowards economic growth cannot go unno-ticed. In many jurisdictions, like India, mining plays a significant role in the economic sector. India being amajor exporter of minerals, ranks fifth in terms of volume of production among mineral-producing countries. The mining industry accounts for about 2.4 percent ofIndia's GDP. Considering the contribution of the mining sector to the economy, it becomes important todiscuss the central and state policies that regulate the industry. The legal framework surrounding the coal and mining sector in India has evolved over the years. Thisedition ofCourtUncourtdiscusses the Mines and Minerals (Development and Regulation) Act, 1957along with the challenges, concerns and criticism faced by the Mining industries in India. Initially, theregime was more socialist in nature for the promotion of foreign and private investment. The Centralgovernment has consolidated its control over the mining industry. In 2006, it allowed for 100 percentforeign direct investment for mining and exploration of precious metals and stones. This edition ofCourt Uncourt also explores in detail the Overlapping of Trademark and Design rights inIndia, third-party funding, and managed stablecoins as per Securities Act of 2019, and we also ventureinto the understanding of Smart Contracts and Blockchains. Keeping up with the changes in different areas of law worldwide, we also look into Insurance andReinsurance in Lebanon Final and The Singapore Convention on Mediation. Furthermore, in regards to UAE, we also provide an insight on the Leasing Law in DIFC, Legal Entitlement to theinterest under UAE Law and its applicability and also about the Redundancy under the labour laws in the UAE.Thank you, and we hope you have an insightful read!