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.
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.
Fact Check by PIB under IT rules: Experts fear govt control over news!
Agama Law Associates Partner Nitin Jain shares his views on the draft IT rules and government control on dissemination of information in an article by The Financial Express titled “Fact check by PIB under IT rules: Experts fear govt control over news!” PIB Fact Check Proposal “This proposal if approved would make the government the ultimate authority... Continue Reading →
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.
COMMERCIAL LAW BLOG 