Arbitration – Institution Rules Update
Japan Commercial Arbitration issues new sets of Arbitration Rules Japan Commercial Arbitration Association announced issuance of three sets of Arbitration Rules for public comments on 16th November, 2018. The evident motive for introduction of these new sets of rules is to change the offering of a unique arbitration model which is attractive to the wide […]
Global International Arbitration Update
In arbitration, the main elements are enquiry, hearing of parties, examination of evidence and adjudication of the dispute. Enforcement of an arbitral award is essential. Once the award is given by the Arbitral Tribunal, a party is required to enforce the award in the enforcement court. The courts across the globe have denied enforcement on […]
Domestic Judgments affecting Arbitration regime of India
If one finds it challenging to enforce a commercial contract, then rest of the aspect of ease of doing business becomes significantly less relevant. Enforcement of contract and pendency of cases is one area that continues to be a concern. One aspect that could help alleviate concerns with commercial contracts, as well as help reduce […]
Strengthening IPR policy to foster innovation
India has introduced various reforms in the recent years ensuring credibility with the potential investors and strategic partners for encouraging them to invest in India. Some of these initiatives are the introduction of Startups Intellectual Property Protection (SIPP) providing 50% fee concession in patent and trademark to startups, Reforms for automation and digitalization of the […]
Rethinking legislative framework for settling disputes
The Arbitration & Conciliation (Amendment) Act, 2015, did not address certain key issues such as importance of institutional arbitrations at a time when internationally, institutions such as ICC, LCIA, SIAC and HKIAC were playing key roles in resolution of disputes through arbitration. A ghost of uncertainty has always revolved around the arbitration regime of the […]
Incorporating more stringent compliances
Corporate Law governs the rights, relations and conduct of persons, companies, organizations and businesses and regulates the interaction between corporations, investors, shareholders, directors, employees, creditors and other stakeholders such as consumers, community and environment. It is an important legal framework to ensure the smooth functioning of corporate bodies which is supported by umpteen regulations released […]
Protecting Intangible Creations
Creating Awareness of IPR This newsletter aims to include the latest updates in the IP segment and recent statutory developments in this regard for creating awareness among all sections of the society about the economic, social and cultural benefits of IPR. The protection of such property can only be provided through well-defined laws which balance […]
The Bankruptcy Code is Evolving
In May 2016, India enacted the Insolvency and bankruptcy code, as a major legal reform. The new framework is the time bound process in which cases are admitted and are supposed to be resolved within 270 days; if not, companies go into liquidation. A fundamental feature of insolvency law is creditor protection, which involves altering […]
Competition Law Framework
The Competition Commission of India (‘CCI’) is a market regulator, it does not decide between parties but rather takes note of an anti-competitive conduct which may be brought to its notice by any person or enterprise by way of filing information. The objective of the Competition Act 2002, (‘Act’) is to prevent practices having adverse […]
Intellectual Property
Over the years, stringent IPR protection laws have encouraged tremendous foreign investments and efforts in the areas of applied science whereby we overcome numerous challenges in various fields. In the world economy it is imperative that a universal protection is accorded for which we have robust international system of treaty instruments and enforcement organizations. This […]
