CATEGORIES

Repeal The Angel Tax, Recent Changes Aren't enough

The cry for relief from the angel tax is not about a tax holiday being disallowed, but about addressing the difficulty new ventures face in securing appropriate funding

As Indian Economy Goes Into Overdrive For GST Industry Witnesses Great Traction

The setting up of joint working groups is a welcome initiative by the government.

GST - A Good and Simple Tax to Comply?

Finalization of draft rules governing the new GST regime alone will be able to determine whether these are an added “boon or bane” for assessees.

The Good, Bad, and Challenges of the New Trade Mark Rules, 2017

This article looks at how the new Trade Mark Rules, 2017 fare in terms of streamlining the function of the Trade Marks Registry and embracing technology to expedite the process.

Toyota Faces Class-Action Lawsuit Over Faulty Airbags

The use of Takata airbags has recently landed several automotive companies into trouble.

Role Of CFOs With Advent Of PE Investments

CFOs are the unsung heroes in terms of financial transformation on PE investments but the experience gained during this transformation process prepares them for higher responsibilities including Board positions and helming the business

Risk Culture Essential For Effective Development Of Enterprise Risk Management

The global crisis brought risk management to the forefront through improvement in the corporate governance structure world over. It is now clear that risk cannot be eliminated but can only be managed. This is one of the key reasons that development of risk management is seen across the world as leading to strengthening of the corporate governance structure.

Legal Market Liberalization Case: Clifford Chance, Linklaters Among Top City Firms To Appear

Legal Market Liberalization Case: Clifford Chance, Linklaters Among Top City Firms To Appear 

Lawyer's Legal License Revoked After Criticizing President XI Jinping

Lawyer's Legal License Revoked After Criticizing President XI Jinping

Skymet Secures C Series Funding From Insuresilience Investment Fund

Skymet Secures C Series Funding From Insuresilience Investment Fund

The Robovocate How Many Drones Do We Have In Office?

Until we see a major, society-changing breakthrough in artificial intelligence, robot lawyers won’t dispute the finer points of copyright law or write elegant legal briefs. But chatbots could be very useful in more straightforward areas of law…

Rera's Way Forward In 2018!!

One of the major concerns raised by developers is that RERA, while covering ongoing projects, is trying to regulate in a retrospective manner, prompting some developers to challenge the constitutional validity of RERA itself

Preferential Transactions: Potential Interpretations Based On The Us Bankruptcy Code

The key challenge going forward will be for the NCLT to adopt a purposive interpretation to the IBC provisions on preferential transactions which strikes a balance between preventing unfair payments and ensuring that lenders are willing to continue supporting a distressed business during the time when their support is most required

Speedy Resolution Of Commercial Disputes

The enactment of the Commercial Courts Act is a step in the right direction in enabling speedy disposal of commercial disputes of specified value

Interpretational Issues In IBC

Answers to these will contribute to the jurisprudence relating to corporate insolvency in India.

Confidentiality In Arbitration

Given the limitations of legislating confidentiality through institutional arbitration rules, and the non-uniform treatment of confidentiality in national laws of even arbitrationfriendly jurisdictions; it is crucial that both counsel and parties settle all important issues of confidentiality at the outset of the arbitration.

Opee Scam a Deft Judgement

Zero tolerance towards market manipulators will revive confidence in the securities market.

Face-off Judiciary Versus Executive

While the SC rejected the Modi government’s proposed National Judicial Appointments Commission to replace the existing Collegium system for appointment of judges to higher courts, the debate is still far from over…

The Shortest Distance Between Two Points Is Still A Straight Line

Founder and Managing Partner of LAKSHMIKUMARAN & SRIDHARAN,V LAKSHMIKUMARAN holds forth on concentrating on one subject at a time, growing the collective knowledge of his law firm, nurturing values, and finding joy in work…

UK's Snap General Election And Its Implications For Brexit

On 8 June 2017, UK citizens voted in the historic snap General Election announced earlier in the year by Prime Minister Theresa May.

NCF Leaves Sensitive Private Customer Data Exposed Online

Among several major cases of data leaks, the most recent one appears to be that by the National Credit Federation (NCF), which reportedly left the sensitive, private data of customers—including credit card numbers; credit reports from three major reporting agencies Equifax, Experian, and TransUnion; bank account numbers; and Social Security numbers—exposed online.

European Commission Intervenes In Microsoft Vs. US Government

The European Commission (EC) has now intervened in the ongoing battle which kicked off in 2014 between Microsoft and the US government to ensure that the European laws are “correctly understood”.

Law Commission To Examine Compensation For Wrongful Imprisonment

On November 30, the Delhi High Court passed an order requesting the Law Commission of India to examine the need for a legal framework for compensation to victims of wrongful imprisonment.

Believe In Yourself But Don't Take Yourself Too Seriously

He was the Advocate General of Maharashtra from 2012 to 2014, and before that, the Additional Solicitor General of India for three years. An LL.M. (Harvard), Senior Counsel DARIUS J. KHAMBATA practises before the Bombay High Court and the Supreme Court of India. LEGAL ERA speaks to him about his personal and professional journey, life, and everything in between

Madras HC Gives Split Verdict In TRAI Vs Star India

On March 2, the Madras High Court referred to a third judge the petitions challenging Telecom Regulatory Authority of India’s (TRAI’s) March 2017 tariff order related to pricing of television channels offered as a bouquet, after a two-judge bench including Chief Justice Indira Banerjee and Justice M Sundar delivered a split verdict in the matter.

Role Of Competition Commission Of India In The Corporate Resolution Process: An Interplay

The acquisition of stressed assets or shares under the CIRP is not yet exempted from obtaining a clearance from the CCI

HDFC Life - Sar Utha Ke Jiyo

Legal Era Magazine throws light on the product portfolio, journey thus far and future plans of one of India’s leading lights in life insurance…

Accenture's Global Approach To General Data Protection Regulation Implementation

Because the GDPR applies to processing of personal data of individuals in the EU, regardless of where it is processed or stored, Accenture is addressing the new requirements across all geographies as a consistent, global standard to address client needs

Honors Achievers 2019

The two-day 8th Annual GENNEXT Business & Law Congress 2019 culminated in the 8th Annual Indian Awards 2018-19, where Legal Era Magazine felicitated leading legal practitioners, in-house teams, and law firms with Best-in-Class Awards categorized as: Law Firms, In-House, Individual, International, and Premier League. The glittering ceremony unfolded near the poolside lawns of Hotel Taj Lands End, Mumbai, India, on March 16

Lacunae In The Insolvency & Bankruptcy code: Call For The Third Amendment

Although the intent of IBC is undoubtedly right, its execution is a matter of concern