Is the Positive List an FDI Economic or Legal Game Changer
Once again, the United Arab Emirates proves itself as the Middle East friendliest investments market. The pass of the investments Positive List by the Federal Ministerial Cabinet is a clear indication that UAE economy planners do understand that in this new world order, open market strategy is the only way to go to achieve a …
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COVID-19: What does it mean for the insurance sector?
As discussed in our previous article[1], the effects of COVID-19 have gone beyond what we consider to be a health hazard. With the world coming to a sudden halt, there are claims being made that the stock markets have suffered the worst quarter since the year 1987[2] and we are yet to see the ultimate impact …
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Covid-19 is «pushing» for the use of Electronic Signatures
As the epidemic of the Covid-19 spreads around the globe, more and more professionals are required to work from home, a situation that leads to new challenges, one of which being the signing of documents. In order to tackle such an issue, more and more businesses are now using electronic signatures for the completion of …
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COVID-19 and Contractual Obligations
Force Majeure & the Doctrine of Frustration in Cyprus Law Introduction The recent outbreak of Covid-19, which the World Health Organisation classified as a pandemic, has brought to the fore significant issues for businesses. The disease has a profound impact on the performance of businesses and their underlying contractual relationships.
How to close business by bankruptcy procedure in Kazakhstan
Symbat Tursyngali, Anar Kubeyeva Lawyers, Synergy Partners Law Firm A company, for example LLC[1], has decided to close its business. In this case there are several options:
Connection Between the Fight Against Corruption and Fight Against COVID-19
At the moment, almost all countries face a global health crisis with the rapid spread of the coronavirus pandemic. At the moment, almost all countries face a global health crisis with the rapid spread of the coronavirus pandemic. Unfortunately, also during times of social and economic stress and low public trust like these, is when …
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What If Someone Files A Fake Cheque Case Against You?
Dishonored cheques are considered as a crime in UAE under Federal Law number 3 of 1987 on UAE Penal Code. Have you been in a situation where you issued a cheque, however, later paid the cheque amount in cash to the beneficiary but, the beneficiary failed to return the cheque or refuses to return the …
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STRUGGLES OF GETTING AN ANTICIPATORY BAIL APPLICATION LISTED BEFORE THE DISTRICT COURT IN DELHI DURI
Authors: Ms. Aakanksha Nehra, Advocate & Mr. Naman Tandon, Advocate (Practicing advocates before the various court of Delhi) The Government of India vide Notification dated 24.03.2020 directed a nationwide lockdown in order to contain the spread of the Coronavirus outbreak (COVID-19); commencing with effect from 25.03.2020.
Can Impact of Coronavirus be a Force Majeure Event?
The aftermath of coronavirus outbreak is devastating and its impact on businesses and global economy is now easily discerned as catastrophic.
Did You Issue the Cheque in Bad Faith?
The chances of a cheque not being cleared by the bank due to either insufficient funds or false signature are critically high. Most countries consider cheque bounce as a criminal act.