UNDERSTANDING DUE DILIGENCE IN REAL ESTATE IN INDIA
Due diligence is a comprehensive and systematic investigation or audit of a person, company, or asset before entering into a business transaction or investment. Due diligence is an important step in mitigating risks and making informed decisions before entering into a business deal or investment.
Sister Ships, Associate Ships and their Arrest for Maritime Claims
Admiralty law in India is largely derived from English Admiralty law and based on case-law expounded by the High Courts of Bombay, Madras and Calcutta and the Supreme Court.
Decision of Supreme Court of India on Privatization of Delhi & Mumbai Airports
This decision of Supreme Court of India deals with an important aspect of privatization of airports and revenue sharing formula as prescribed by the Airports Economic Regulatory Authority of India (AERA).
Growing Business in India: Taking things beyond Liaison office
A Wholly Owned Subsidiary is recognized as a separate legal entity, thereby shielding the Parent company based in abroad from any harm or liabilities.
Perils of International Trade – Use of Bill of Lading for Sale of Goods
A significant portion of India’s trade depends on shipping transportation. Therefore, it is very important to take note of and understand the various elements involved in shipping transactions.
Funding Foreign Subsidiaries In India through External Commercial Borrowings
ECB are commercial loans that an eligible entity in India can raise from foreign investors. In light of the recent relaxation issued by Reserve Bank of India (“RBI”), ECB has positioned itself as an attractive option for Indian entities seeking funding from foreign investors.
Legal Reforms to implement and expedite S. 138 of NIA cases
Supreme Court has recently come out with guidelines on how to expedite S. 138 Of NIA cases. Welcoming the step, the authors Krrishan Singhania and Chirag Chachad give suggestions on how the law stands today and what jurisprudence has to be applied so that cases get disposed of faster.
RIGHTS OF AN ARTIST IN A COPYRIGHT WORK
Copyright registration helps copyright owner claim immediate relief. Since, copyright registration is not compulsory under law thus protection is given for even an unregistered copyright work. However, the burden of proof then lies on the owner to prove that the work is his original work.
EMERGENCY ARBITRATION AND INTERIM RELIEF
This article analyses the concept of emergency arbitration in India, its recognition and the difficulty in enforcing emergency arbitral awards in India. Section 9 applications for interim relief will grant relief relatively faster. Thus, parties should consider filing a section 9 application for urgent relief instead of enforcing an emergency arbitral award.
REMOTE NOTARIZATION OF DOCUMENTS
Notarization is an official process for verifying the authenticity of a document. In India notarization is performed under the Notaries Act of 1952. Under Indian Law, a document needs to be notarized to be valid. Thus, a person has to be physically present in presence of a notary authorized by the central or state government. […]
