The advent of the Digital Personal Data Protection Act 2023 (DPDPA) marks a pivotal transformation in the realm of data management, exerting a substantial influence on enterprises and their day-to-day functioning.
Arrest is a critical juncture in the criminal justice system, where an individual’s rights must be upheld to ensure a just legal process. India, like many other countries, enshrines specific rights for arrested individuals to protect their dignity and ensure fairness in legal proceedings.
Section 2(g) of The Digital Personal Data Protection Act, 2023 (hereinafter referred to as ‘the act’) defined ‘Consent Manager’ (hereinafter referred to as ‘CM’) as any person who takes the consent of data principle regarding manage, review, or withdraws for the concerned data in a transparent manner.
India has recently made significant strides to establish itself as a leading global digital economy. But compared to other nations with sophisticated legal systems, India was in a weaker position since it lacked a strong data protection statute.
India, like many countries worldwide, has experienced notable advancements in recognizing Lesbian, Gay, Bisexual, Transgender, Queer, and Questioning i.e. LGBTQ+ rights in recent times. A contentious topic under consideration is the legalization of same-sex marriages.
Sec 2(37) of the Companies Act, 2013 defines “employees stock option” read with Sec 62(1)(b) of the Companies Act, 2013 and Rule 12 of the Companies (Share Capital and Debentures) Rules, 2014.
Main reasons for the delay is the spate of litigations by the promoters. Once the CIRP order is passed, the promoters get into the action with the sole objective of getting back the company at a cheaper price.
Mittal v Westbridge Ventures, the Singapore Court of Appeal reviewed several fundamental arbitration law issues, including the proper law of arbitration agreements and determining whether law determines whether a particular case is arbitrable.
The application filed by the homebuyers under section 7 of IBC shall be maintainable. Therefore the homebuyers are advised to approach NCLT under IBC to recover their stuck money in a time-bound manner.
An insolvency petition admitted u/s 7, 9 or 10 can only be withdrawn by the appellant with approval from 90% of the creditors.
Section 248(1) of Companies Act 2013 provided for suo moto power of ROC to struck off the company name If registrar has reasonable cause to believe.
The Supreme Court rejected an appeal by Dalmia Bharat , one of the bidder who lost out to UltraTech Cement in the second round of bidding, to stay the resolution process of Binani Cement.
The NCLT has suggested to IBBI that there is a need to review the insolvency code regulations to ensure that they are not “misused or misinterpreted”.
The National Company Law Tribunal has dismissed an insolvency application filed by Gemini Innovations, raising doubts over the “unnatural” facts listed by the company in its filing
The regulator is planning to come out with a discussion paper on compliance with SEBI standards by listed companies undergoing insolvency resolution process.