How to conclude a share association agreement in the Information Technology (IT) field in Romania?
A joint venture agreement is a contract whereby a person provides, to one or more persons, a share in the benefits and losses of one or more operations that he or she undertakes. In other words, the joint venture agreement is usually concluded between practitioners in Romania, being a form of association between two or …
How can a Ukrainian or Foreign citizen be tax registered in Romania?
Tax registration in Romania is an essential requirement for individuals who owe taxes in Romania, whether it is a Romanian or foreign citizen with operations in Romania. According to the Tax Procedure Code, the tax registration in Romania is based on a tax registration number (TRN) in Romania, representing a numerical code that attests that …
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Overview of the Insurance Disputes in the UAE
Insurance disputes in the UAE are an increasingly common occurrence. As the number of insurance policies and claims has increased over the years, so too has the number of disputes. In this article, we will look at the causes of insurance disputes in the UAE, the legal framework governing such disputes, and the steps that …
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5 Steps for Due Diligence M&A in Romania
Due to the complex nature of mergers & acquisitions, the due diligence process could take between several weeks to several months.
The UAE’s collaborative approach to combat cybercrime: A closer look at the proactive strategy
The UAE Cyber Security Council, formed in November 2020, is responsible for developing and overseeing a cyber security strategy that promotes a secure and resilient cyber infrastructure in the United Arab Emirates.
Delhi High Court Clarifies Nature Of Amendments Possible Under Section 59
If an Applicant were to nationalize a PCT application into India bearing claims all of which were supposedly directed to non-patentable subject matter, the Applicant was customarily caught between the hammer and the anvil. The ‘hammer’ being the provisions of Section 138(4) which obligated the Applicant to enter India with all the claims as pending …
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INTERIM MEASURES – EX PARTE APPLICATIONS: FRIEND OR FOE?
Typically, Parties undergoing disputes submit Ex Parte applications if they anticipate that giving notice could defeat the purpose of the application (for example, freezing injunctions or search orders). While Ex Parte applications are accepted by most Courts, its still fairly untrod territory during Arbitration/s.
Complying with Indian Legal Metrology laws
India has a well-established legal metrology framework that regulates the measurements and weights of products sold in the country. The Legal Metrology Act, 2009, defines Legal Metrology under section 2(g) “as that part of metrology which treats units of weighment and measurement, methods of weighment and measurement and weighing and measuring instruments, in relation to …
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InvIT and REIT Regulations: Recent Amendments
The Securities and Exchange Board of India (“SEBI”) issued amendments on February 14, 2023, to the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 (“InvIT Regulations”) and the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 (“REIT Regulations”). These are primarily governance-related requirements and apply to all infrastructure …
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The TCA Publishes Pioneer Decisions on the Simultaneous Implementation of the Leniency and Settlement Procedures
Following the introduction of the settlement procedure, the number of undertakings applying for settlement has been increasing consistently. In this respect, the Turkish Competition Authority’s (“TCA”) evaluations regarding the implementation of the settlement procedure have become an object of curiosity as the investigations that ended with settlement decisions continue to be announced on the official …