BEING A CONSCIOUS BUSINESS : REFLECTIONS AGAINST THE MIRROR OF ESG

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. 

Round up of developments in Indian Gaming Laws – 2022

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.

NOMINATION – SHIFT OF RESPONSIBILITY – DIRECTOR TO OFFICER – LEGAL METROLOGY RULESNOMINATION – SHIFT OF RESPONSIBILITY – DIRECTOR TO OFFICER – 

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 →

NCLAT Update: Interest on Delayed Payments to form part of Operational Debt

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.

E-Pharmacies – Indian v. Global perspectives

Introduction The Indian pharmaceutical market is the 3rd largest in the world by volume and 13th largest in terms of value. It has an estimated value of 41 Billion USD[1]. India is the largest provider of generic drugs, one of the largest suppliers of low-cost vaccines and has provided access to affordable HIV treatment. India accounts for... Continue Reading →

Unilateral Appointment of Arbitrators in India: An analysis

The Court held that appointment of an arbitral tribunal can either be with consent or parties or by an order of the court, there can be no third way.

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