AZB Delhi partner Madhurima Mukherjee exit interview: CM lawyers will need to think ‘out of box’ to keep this practice going [UPDATE-1]

AZB & Partners Delhi-based capital markets partner Madhurima Mukherjee is set to leave the firm for “personal reasons”, reported Bar & Bench. Update 20:53: She told us that she had been thinking about leaving for the past six months but started talking seriously about leaving around two weeks ago. Her last day will be 30

... Continue Reading.

SpicyIP Announcements: Considering an Online Master’s? Explore UNH Franklin Pierce School of Law’s Intellectual Property Law Offerings

Image from here We’re pleased to inform you that the UNH Franklin Pierce School of Law is offering a range of graduate IP law programs online. The priority application deadline for these programs is July 1. For further details, please refer to the announcement below: Considering an Online Master’s? Explore UNH Franklin Pierce School of

... Continue Reading.

JSA acts for Microsoft with Algo, CAM, OMM on $10m Series D into FarEye logistics SaaS

FarEye, a logistics SaaS (software-as-a-service) platform, announced a Series D investment of $25 million led by M12 (Microsoft’s venture fund), Eight Roads Ventures and Honeywell Ventures. Existing investor SAIF Partners also participated in the round. — Mint J Sagar Associates advised Microsoft Corporation led by a team of JSA Team comprised partnerLalit Kumar, senior associatesAmandeep

... Continue Reading.

What is force majeure? The legal term everyone should know during Covid-19 crisis

By Poorvi Sanjanwala and Kashmira BakliwalApart from the devastating impact that COVID-19 continues to unleash on human beings and countries worldwide, its outreach has also reached commerce and business. COVID-19 has resulted in lockdowns or restricted movements in countries. Consequently, businesses have been impacted and so have operations and consequently contracts and obligations under contracts

... Continue Reading.

Bombay HC passes an interim order that the lockdown period must be excluded from computing the 90 days for declaring a loan account as NPA

The Bombay High Court has allowed the lockdown period to be excluded from computing the 90-day time for declaring a loan as an NPA, or a non-performing asset. Prior Facts: The petitioner, in this case, were two real estate companies- Transcon Skycity Pvt Ltd and Transcon Iconica Pvt Ltd– who had moved the Bombay High

... Continue Reading.

LAW OF DAMAGES

In the aftermath of #Coronavirus, there will be several contracts that will be #breached. These two Episodes deal with #damages as a #remedy available to aggrieved party, in cases of such breach. The Indian Lawyer & Allied Services is a multi-city commercial and business boutique #LawFirm that provides advice in different aspects of #ContractLaw and

... Continue Reading.

OECD’s Unified Approach Proposal for Taxation in the Digital Economy

[Dibya Prakash Behera is a 5th Year BA. LLB (Corporate Law Hons.) student at National University of Study and Research in Law, Ranchi] The Organisation for Economic Co-operation (“OECD”) on 9 October 2019 released its Secretariat Proposal for a “Unified Approach” under Pillar One (“Proposal”) for public consultation. The Proposal, inter alia, introduces the concept

... Continue Reading.

Trademarks for Digital Currencies

Image from here The difficulty in defining virtual/crypto-currencies and its accompanying challenges has been beautifully captured by the prolific raconteur Justice V. Ramasubramanian in a recent judgment examining the validity of the RBI’s position in respect of virtual currencies, as: “Any attempt to define what a virtual currency is, it appears, should follow the Vedic

... Continue Reading.