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Rules For Religious Conversions, Inter-faith Marriages Issued
On December 15, the Rajasthan HC, hearing a case of alleged ‘love jihad’, issued severe guidelines for religious conversions and inter-faith marriages and guided that these will remain in force till the state government brings in a law to govern conversions.
Goods And Services Tax - A Report Card Of First Six Months Since Debut!!
While the GST, ever since it was implemented, has remained a topic of debate in public and private forums, the article looks at how the tax has fared for the first six months of its existence
Determining The Price Of A Target Business In M&A Transactions: Completion Accounts V Locked Box Mechanisms
One of the most negotiated areas in the private acquisition of a business is the method of pricing the target.
Employment Opportunity Or Scam?
While law may always play catch-up with technology, it is critical to establish and foster institutions such as those under the Information Technology Act, 2000 to combat scams using technolegal solutions
GST Council In Its 24th Meeting Makes Implementation Of E-way Bills Mandatory From Feb 1, 2018
On December 16, the GST Council conducted its 24th meeting in an unscheduled manner through video conferencing.
Culture Is Key To Retention
The author’s interesting viewpoint about attracting and retaining talent.
Effect Of Moratorium Enshrined In IBC, 2016
The primary rationale of Section 14 of IBC is to try and maximize the value of the corporate debtor such that it may continue its operations while its future survival is being apprised by the insolvency resolution process
Private Investment In The Education Sector
With due government intent falling into place and the Indian education market projected to grow to USD 180 billion in a few years’ time, the need for capital, technology, and best practices from a private player will be invaluable to the sector
Data (Privacy And Protection) Bill, 2017: What To Expect
As digitization increases, large volumes of data are generated and there are no measures to safeguard the privacy of this data nor regulate data retention by the platforms collecting it. Hence, we are in need of a strong data protection law.
Private Trusts Formation And Income Tax Implications
While we understand that the taxation of a private trust majorly depends on what structure is being followed while forming and operating a trust, it is advisable that the real intention of the settlor be explicitly set out in the trust deed along with details regarding beneficiaries
Oxycontin Maker Purdue Pharma Sued Over Opioid Epidemic: Alabama
On February 5, Alabama became the latest state to file a case accusing OxyContin maker Purdue Pharma LP of fueling the opioid epidemic by deceptively marketing prescription painkillers to generate billions of dollars in sales.
Cross - Border Regulations - A Step Towards Global Integration
Recent developments such as notification of Section 234 of the Companies Act, 2013 and insertion of new sub-rule 25A in the Companies Rules, 2016 will go a long way in helping Indian companies have a presence in overseas jurisdictions
Third-Party Funding In Arbitration
To overcome risking of its own finances or obtain additional financing to pursue legal action, an individual or firm can approach a third party to agree to finance all or part of its legal costs
The Curious Case Of Kulbhushan Jadhav
A look at the main events from Jadhav’s arrest to the ICJ ruling to what’s in store for Indo-Pak relations...
Rising Star Awards 2017
In their second year now, the Awards were conferred on 40 budding in house and external counsels aged 40 years and below
Works Contract And Its Relevance Under GST Regime
It looks like controversies around works contract are here to stay for some time and the Government will have to tackle this old demon in the new GST regime.
Judgment Analysis
This judgment will put an end to the habit of parties taking advantage of the non-exclusive jurisdiction clause with regard to courts for interim relief even after deciding on the seat of arbitration.
Opportunities In Defense Manufacturing As Government Unveils Strategic Partnership Model
Fostering constructive partnership with the Indian private defense industry is considered not just a sound economic option but a strategic imperative to minimize dependence on imports and infuse self-sufficiency in defense manufacturing; however, only time will tell if the strategic partnership model has the desired effect
Current Risk Management Position In India
The risk management function is set to become increasingly important over the next decade where shareholders will look to add value to their business and protect customers
Carry Cash Risk Your Reputation!
As a rule, individuals should only travel with large amounts of cash when it is absolutely necessary, otherwise using the banking system wherever possible
Downside Protection: Not Merely A Lip Service Anymore
Indian Courts Are Strongly Heading Towards an Approach That Discourages Indian Parties From Using Regulatory Compliances as a Defense for Resisting Contractual Obligations
Independent Directors
The role of independent directors is considered pivotal to the company’s growth and effective management in today’s day and time
Evolving Hr Law - Giving GCs Sleepless Nights?
GCs will need to increasingly focus on HR strategies and HR lawyers will have to be more proactive, responsive, accessible, businessoriented and innovative.
IBC And MSME Insolvency
Since the majority of MSMEs facing insolvency are more likely to liquidate and not go into reorganization/restructuring (by virtue of their size), frameworks should not only focus on reorganization/ restructuring, but also on expeditious liquidation mechanisms
Dispute Resolution - From A Multi-jurisdictional Perspective
If potentially contentious issues are governed by predictable rules and effective dispute resolution mechanisms, there is far greater possibility of avoiding litigation or arbitration and achieving reasonable, costefficient results
What Does Brexit Portend For The UK
A look at the impact of UK severing ties with the EU on trade, foreign direct investment, various sectors of the British economy, and in general the future of British citizens
Moratorium Under Insolvency & Bankruptcy Proceedings
Read on to understand implications of moratorium on lenders who have taken certain forms of collateral/security interest, including security of assets of corporate debtor against whom insolvency proceedings have been initiated…
Ratio Decidendi Insolvency And Bankruptcy Code
While IBC consolidates scattered and unstructured jurisprudence on insolvency prevalent in the past, in view of various interpretational issues, one is bound to witness a whirlwind of judicial pronouncements that will result in the development of IBC jurisprudence in days to come
Deadly 'Blue Whale Challenge' Banned
The central government has banned “Blue Whale Challenge” (‘deadly’ online game, in which the final task requires the player to commit suicide).
Hawaii's Island Air Files For Liquidation, Renders 400 Jobless
Hawaii's Island Air Files For Liquidation, Renders 400 Jobless