YEAR 2021 SEES NOTEWORTHY CHANGES IN INCOME TAX LAW PAN and Aadhaar link is a must According to the report of the Central Board of Direct Taxes (CBDT), the deadline to connect Permanent Account Number (PAN) with Aadhaar has been stretched to June 30, 2021. The taxpayers without the link may face harsh steps of
... Continue Reading.Month: January 2022
Codified Limitations On Corporate Liability in Thai Civil Courts
CODIFIED LIMITATIONS ON CORPORATE LIABILITY IN THAI CIVIL COURTS Until meaningful reforms are adopted, practitioners should consider prioritizing claims involving blatant or overt incidents of corporate misconduct with all requisite documentary evidence in hand In Thailand’s civil courts, corporate defendants enjoy a variety of limitations on liabilities for wrongful acts, including effective limitations on monetary
... Continue Reading.Are shadow directors liable for insolvency procedures?
The directors of a corporation are critical to the company’s day-to-day operations. As a result, they owe the corporation certain fiduciary duties and are accountable to all stakeholders. These responsibilities have been established in India under Section 166 of the Companies Act of 2013. Acting in good faith, exercising reasonable care, skill, and diligence, exercising
... Continue Reading.GOVERNMENT NOTIFIES CONSUMER PROTECTION (DIRECT SELLING) RULES, 2021 AND PROHIBITS PROMOTION OF PYRAMID SCHEMES BY DIRECT SELLING ENTITIES
GOVERNMENT NOTIFIES CONSUMER PROTECTION (DIRECT SELLING) RULES, 2021 AND PROHIBITS PROMOTION OF PYRAMID SCHEMES BY DIRECT SELLING ENTITIES The #Ministry of #ConsumerAffairs, #Food and #PublicWelfare has recently notified the Consumer Protection (Direct Selling) Rules 2021 (herein referred as ‘Rules’) under Clause (zg) of sub-section (2) of Section 101 read with Section 94 of the Consumer
... Continue Reading.DSK Legal advised CK Jaipuria Group
DSK Legal advised CK Jaipuria Group DSK Legal advised CK Jaipuria Group in its investment in Home-grown gamified social media app “Explurger“. Explurger is a new-age social media platform built on Artificial Intelligence (AI), which was launched on August 15, 2020. Apart from India, the app debuted in the US, Britain, Germany, South Africa, etc.
... Continue Reading.Biscuits Bi’te Back !!!
BISCUITS BI’TE BACK !!! A Brief Look at the Recent Federal Court Decision in Munchy Food Industries Sdn Bhd v Huasin Food Industries Sdn Bhd1 The Federal Court in delivering its judgment, has now reaffi rmed the correct applicable test for actions in trademark infringement and passing-off and restored the position of claimants in actions
... Continue Reading.United States Employment Law Update
UNITED STATES EMPLOYMENT LAW UPDATE Biden Administration Shakes Up The Workplace Despite Legislative Stalls President Biden’s promises of broad changes to America’s labor and employment law have hit some roadblocks due to the partisan gridlock in the Senate President Joe Biden campaigned on the promise of transforming the American workplace. During the election, then candidate
... Continue Reading.DSK Legal advised NOW
DSK Legal advised NOW DSK Legal advised NOW (TapTap Meals Private Limited), a B2B commerce platform and its promoters Vivek Pandey and Bharat Khandelwal and all the existing investors and shareholders including CK Jaipuria Group in selling their entire stake in NOW to Borzo (previously known as WeFast). Borzo is a global crowdsourced same-day delivery
... Continue Reading.A Look Back at India’s Top IP Developments of 2021
Cup of coffee, pen and notepad on wooden background. Top view. Image from here. Here’s wishing all our readers a very happy, safe, and healthy new year! Continuing our annual tradition of recounting the significant developments that impacted the Indian IP landscape in the year that has been, we bring you a round-up of 2021’s
... Continue Reading.Delhi High Court on the Overriding Effect of IBC over PMLA
[Pallavi Meena is a IV Year BSW, LL.B (Hons.) student and Ridhi Arora a IV Year B.A., LL.B (Hons.) student, both at Gujarat National Law University] In Nitin Jain, Liquidator, PSL Limited. v. Enforcement Directorate (15 December 2021), the Delhi High Court ruled that the power under the Prevention of Money Laundering Act, 2002 (“PMLA”)
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