Adani-Hindenburg Case Verdict: SC Grants SEBI 3 Months For Pending Probes
The Supreme Court, on January 03, 2024, said that there were no grounds for taking away the investigation of the Adani group of companies in the Hindenburg report from the market’s regulator. It granted the Securities and Exchange Board of India (SEBI) three months to complete the investigation of two pending matters. The Supreme Court
AI Boom Prompts Copyright Law Test Amid Rising Legal Challenges: Report
The boom in artificial intelligence tools that draw on troves of content from across the internet has begun to test the bounds of copyright law. Authors and a leading photo agency have brought suit over the past year, contending that their intellectual property was illegally used to train AI systems, which can produce humanlike prose
LITIGATION IN INDIA
Many law students in India today, aspire to land a corporate law job in a law firm or a company after graduating from their respective law schools. It is only if no job offer comes their way do they settle for a path in litigation. This unusual bias that prevails in most students can attribute
Insolvency Law In Review- August 2021
A round-up of significant rulings on the Insolvency and Bankruptcy Code, 2016 in the month of August. The enactment of the Insolvency and Bankruptcy Code 2016 (Code) has had significant ramifications on the corporate insolvency landscape. Over time, the Code has witnessed a manifold increase in litigation, and consequently in the number of decisions. This
Implementation of Commercial Courts Act, 2015 in India
The Commercial Courts Act,2015 provides to set up Commercial Courts, Commercial Appellate Courts, Commercial Division and Commercial Appellate Division in the High Courts for adjudicating commercial disputes of specified value and other related matters. It is so required that the State Government take steps in consultation with the respective High Court to enact the provisions
LEGAL RISK ANALYSIS
INTRODUCTION Legal risk analysis is all about controlling risks, seeking to avert them from arising, or attenuating their impact through processes of assessment, decision-making and predominance. Process-driven risk assessment necessitates that significant risks are expounded and measured with some clarity. Such risks are then acknowledged as tolerable. Some regulators and corporate governance standards either directly
IP RIGHTS INVESTIGATION & PROTECTION SERVICES
IP Rights or Intellectual Property rights are the laws used to protect the monopoly of the creator over his original work through Copyrights, Trademark, Patent, Industrial design, Trade Secrets and Geographic Indication. Copyrights are used to protect the literary or artistic work of an individual or company. Trademark are used to differentiate between the goods
IMPLEMENTATION OF COMMERCIAL COURTS ACT, 2015 IN INDIA
The main aim behind implementation of The Commercial Court Act, 2015[1] was to give an acceleration to “Make in India” programme by assuring ease of doing business in India and to enable the speedy disposal of high-end commercial disputes. The Act originally enacted as The Commercial Courts, Commercial Division and Commercial Appellate Division of High
Opinion Of Third Person Under Indian Evidence Act
In the natural course of evidence law, evidence is gathered based on statements noted from the witness which he gives from his understanding or conviction. But an exception to this general rule is given under sections 45-51 of The Indian Evidence Act, 1872. Chapter II of the act, focus on the fact that in certain
Recovery of debt in India banks
The Reserve Bank of India (RBI) said 12 accounts representing about 25% of the gross bad loans in the banking system would be eligible for immediate reference for bankruptcy proceedings. Indian banks are sitting on a stressed asset pile of close to Rs 10 trillion; of this, gross bad loans account for Rs 7.7 trillion