Frustrating Times? Contracts in the Times of COVID
Authored by Abhishek Tripathi & Mani Gupta
Force Majeure in Construction Contracts
Authored by Abhishek Tripathi & Anubhav Tiwari
INDIA RESTRICTS FOREIGN INVESTMENTS FROM CHINA
Introduction Hitherto, foreign direct investment into India from Pakistan and Bangladesh was given differential treatment and made subject to government approval. However, as a direct fallout of weakening economy and freefalling stock markets, and with a view ‘to curb opportunistic takeovers or acquisitions of Indian companies on account of the outbreak of COVID-19’, the Department …
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USING THE LATEST TECHNOLOGIES TO USE AUTOMATION SYSTEMS TO FACILITATE OUR JUDICIAL PROCESSES
By Anand Desai, Managing Partner, DSK Legal and Hanuman Tripathi, Chairman, Hashtasy Digital, and Council Member, NASSCOM COVID-19 is a catalyst for rethinking various aspects of our lives, including the functioning of the judiciary, being one of the pillars under our Constitution. As a long-term strategy, can physical attendance in our Court / Tribunal …
COVID-19 Raising equity capital
One thing that is more certain in the current environment is the likely need for a number of NZX listed issuers to consider raising equity in the short to medium term. For our full COVID-19 coverage, follow this URL: https://www.bellgully.com/publications/covid-19-updates
COVID-19 The Commerce Commission issues guidance to lenders
Among the many industries facing pressure as a result of the current lockdown, consumer lenders face particular challenges in assessing the affordability of new or altered lending under the Credit Contracts and Consumer Finance Act 2003 (CCCFA) for borrowers who may have already suffered material changes to their income or anticipated future income as a …
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COVID-19 Luxembourg news: CSSF instructs Luxembourg funds to report large-scale redemptions
The Financial Sector Supervisory Authority has confirmed it has issued a circular requiring investment funds domiciled in the grand duchy to report whenever they receive investor redemption requests amounting to more than 10% of the fund’s asset in a day or more than 30% over a week.
Court rules on status of cryptocurrencies
For as long as cryptocurrencies have been around, lawyers have pondered over the existential question of what exactly they are. That question may arise in a number of different contexts — e.g., in a public offering of cryptocurrencies, in the taxation of cryptocurrency transactions, or in the insolvency of a cryptocurrency exchange. That last example …
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What are the Employer’s Obligations with regards to Employee Representatives?
The Employee (Information and Consultation) Regulations (S.L 452.96) (the ‘Regulations’) make provision for the right to information and consultation of employees including the election of an employee representative to represent categories of employees which do not fall under a trade union. These Regulations bind employers to ensure that they make the practical arrangements in order to allow …
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New Pension Regulations on Cross-Border Activities and Transfers
The ‘Retirement Pensions (Cross-Border Activities and Cross-Border Transfers) Regulations (the “Regulations”) came into force on 13th March 2020 by means of Legal Notice 48 of 2020. The Regulations transpose certain provisions of Directive (EU) 2016/2341 (the “Directive”), more commonly referred to as the IORP II Directive. While many of the Directive’s provisions have as their main …
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