Retail outlets spread over several states necessitates the presence of a mechanism to deal with variance in state legislation on the one hand, and outsourced management on the other. Retail companies may have an operational checklist, it is not possible to execute without a centralised software that has a bird’s eye view of the compliance.
The high fee charged largely by ex-judge arbitrators has brought disrepute to the entire arbitration biome in India and led to the repulsion of arbitration in India as being a more favourable jurisdiction.
The current BRSR framework has been envisaged keeping in mind all the relevant factors from the viewpoint of stakeholders. However, there are certain grey areas which need immediate attention like the lack of sector specific information and straitjacket “yes/no” questions which could severely mislead a third party.
MeiTY has issued directions to Indian telecom service providers to block access to foreign / gambling platforms. However, the grounds on which MeiTY has ordered blocking of the websites is unclear.
Background On 4th October 2022, the Legal Metrology (General) Rules, 2011 ("Rules”) were modified through the Legal Metrology (General) Amendment Rules, 2022 (“Amendment”). This Amendment brought about a welcome change in Rule 29 by creating a provision for shifting the ownership and responsibility of compliance with the Legal Metrology Act, 2009 ("Act”) read along with all... Continue Reading →
he Hon’ble NCLAT accordingly held that the total amount for maintainability of claim would include the principal debt amount as well as the interest on delayed payment, which was also clearly stipulated in the invoice.
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