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 →
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 →
ARE YOU AN “UNDERTAKING” UNDER THE MOTOR TRANSPORT WORKERS ACT?
As a newly found transport company, have you also wondered whether the Motor Transport Workers Act applies to your organization? Are you, as a team of entrepreneurs, also uncertain whether the definitions within the Act include your company too? In this article, we shall look at the major definitions within the Motor Transport Workers Act... Continue Reading →
E-Sports: Framework and Challenges for Indian Business Owners
At present, the central legislations on gaming in India are limited to the Gambling Act 1867 and the Prize Competitions Act, 1955. Applicable in 16 states and union territories, the Gambling Act excludes from its purview, those games which require skill.[4] Empowered under List II of the Seventh Schedule of the Indian Constitution to regulate laws on betting and gambling, various states accordingly permit games which require skill, and prohibit those based purely on chance.
Dating your Agreement
Execution Date is the date on which the contract is signed and executed between the parties, whereas an Effective Date means the date from which the rights and obligations of parties come into effect. This blog post seeks to set out broad principles for the two concepts and their interconnection in day-to-day business transactions and offer a paradigm to view their importance to drafting .
GAMING OR GAMBLING – Indian legal position
There is a growing power tussle between the legislature of various states and judiciary on the subject matter of overlap of gaming and gambling laws. A recent example of the same reflects in the statement of the Tamil Nadu chief minister given in January 2022 that he will bring a complete end to online gaming where one could bet money. This statement came much after the decision of the Madras High Court in the aforementioned case of Junglee Games India Private Limited v. State of Tamil Nadu & Ors.[1] where it held such gaming to be valid in the eyes of law and protected under fundamental right 19(1)(g).
COMMERCIAL LAW BLOG 