In today’s interconnected global economy, multinational brands sell products across multiple jurisdictions, often at varying price points. This has created opportunities for parallel imports, where genuine products are brought into India without the authorization of the foreign trademarks owner. While consumers may benefit from lower prices and increased access, parallel imports often referred to as...
When the Insolvency and Bankruptcy Code (IBC) came into force in 2016, it carried one clear promise: speed. The law hard-wired strict timelines. A Corporate Insolvency Resolution Process (CIRP) was to be completed in 180 days, with one extension of 90 days. In 2019, this was capped at 330 days, including time spent in court....
Signing an arbitral award on each and every page can often be a daunting task, and arbitrators generally prefer to sign only the final page. Nevertheless, the absence of a signature on any page has historically been one of the most commonly invoked grounds for setting aside an award or its enforcement in the UAE...
To curb misleading ads, ADGM makes advertising permits mandatory on Al Maryah & Al Reem Islands, boosting transparency, trust and investor protection. Abu Dhabi Global Market (ADGM) has rolled out a new measure to raise the standards in property advertising. The Advertising Permit service, launched by ADGM’s Registration Authority (RA) through its AccessRP platform, makes...
Introduction Corporate restructuring in India can be achieved through both private and statutory arrangements. Previously, under the Companies Act of 1956, all mergers and restructurings were required to undergo lengthy procedures, with mandatory intervention from the High Court. This made the process time-consuming and expensive, creating various challenges and obstacles in the M&A landscape, particularly...
India’s patent ecosystem is shaped by a delicate balance: encouraging innovation while safeguarding public interest and cultural heritage. This balance plays out differently across industries, where the rules and interpretations of patentability can make or break an innovation strategy. Four sectors: pharmaceuticals, artificial intelligence and software, green technologies, and traditional knowledge illustrate how India applies...
The National Company Law Tribunal (NCLT) serves as India’s primary quasi-judicial body for adjudicating corporate disputes under the Companies Act, 2013, and the Insolvency and Bankruptcy Code, 2016. Understanding the evidence, documentation, and procedural requirements for NCLT proceedings is crucial for legal practitioners, corporate professionals, and litigants seeking effective resolution of corporate disputes. The tribunal...
As businesses evolve, so do their capital structures. A company may at times find itself with surplus capital, accumulated losses, or a need to reorganize its equity base. The legal mechanism available for such restructuring is capital reduction. In India, capital reduction has always been tightly regulated due to its direct impact on shareholders and...
Money exchangers and remittance houses in the UAE operate within a strict legal and regulatory framework designed to safeguard the financial system, protect customers, and prevent misuse for money laundering or terrorist financing. The framework rests on two complementary pillars: (a) the Central Bank of the UAE (CBUAE) licensing and supervision regime for exchange businesses;...
The protection of minority shareholders is fundamental to corporate governance in order to ensure equitable treatment and prevent oppression by majority stakeholders. A company functions through decisions made by its members and its Board of Directors. The appointment of directors is governed by a majority vote, which allows majority shareholders to effectively control the board...
This website provides general information only, may not reflect current law, and should not be acted upon without professional advice.
