Institutionalization in Family Businesses and Family Constitution
Introduction It is a well-known fact that the majority of companies operating in Turkey and around the world are family businesses, and few of these companies are able to transfer their assets to future generations. In order for a family business to successfully manage this, it is necessary and substantial to establish a solid corporate …
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Dispute Resolution in the Digital Age
Introduction Arbitration has benifited from a great increase in the use of technology which has directly effected the conduct of proceedings. More particularly, with digitalization, the way that we conduct arbitration proceedings has been changed to reflect the current needs of parties, with an aim of increasing time and cost efficiency. In line with these …
Articles of Association in Family Businesses
Introduction Family companies, basically, are commercial companies in which the company shares or the authority to manage the company belong to various members of a family. The main criteria that may be used to identify family companies are one or more of the following elements: either the majority of the shareholders are family members, family …
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A New Player in Liability Law: Artificial Intelligence
Introduction The use of artificial intelligence is increasing day by day and this technology is starting to play an active role in our lives. In addition to the use of artificial intelligence in common products such as smartphones, 3-D printers or drones, there are advanced technology breakthroughs that demand our attention. Unmanned aerial vehicles, self-driving …
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Digital Finance: Current Issues and Laws – Guidelines for AI issued for financial sector
We introduce the key points and implications of the newly issued Financial Sector Artificial Intelligence Guidelines as below.
Acceptability of e-Execution – A long way ahead
Technology has been an enabling factor in resuming businesses and closing transactions during the pandemic era while parties involved in such transactions are sitting miles apart from each other. In order to be in arms with the rise of digitization, the Indian Government has introduced and amended legislations to bring in electronic records and electronic …
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What To Do When You’re Broke: The Laws Governing Personal Bankruptcy In India
The ongoing pandemic and the related economic downturn have affected most citizens of the country and distressed the finances of even the best financial planners amongst us. Despite the moratorium offered by banks, the successive lockdowns in different parts of the country and the continued suspended functioning of markets have caused several businesses to struggle …
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Enforcement of Emergency Award Passed in a Domestic Arbitration in India
In the case of Amazon.com NV Investment Holdings LLC v. Future Retail Limited & Ors.[1], the Supreme Court of India has decided 2 important questions of law with regard to enforcement of an emergency award by courts in India viz.,
FAQ’s on Advertising Practice in India
What type of complaints are covered under ASCI Code? ASCI adjudicate complaints across all media such as Print, TV, Radio, hoardings, SMS, Email, Internet/ website, product packaging, brochures, promotional material and point of sale material, etc. Who are the members of ASCI? The principal members of ASCI, who are also its sponsors, are firms of …
What is the statement of jurisdiction for a civil suit for defamation?
The jurisdiction in a case is primarily determined in reference to the place wherein the wrong happened. In the instance of defamation, the jurisdiction would be determined based on the place where the defamation was caused or where the defendant resides or carries on his business or the place where any part of the cause …
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