Penningtons Manches Cooper Appoints Zhi Chao Chor as Banking and Finance Partner in Singapore Penningtons Manches Cooper has announced the appointment of Zhi Chao Chor, a dual-qualified banking and finance lawyer, as a partner in its Singapore office. The move strengthens the firm’s capabilities in commodities and trade finance across Asia. Zhi Chao joins the
... Continue Reading.Gratuity And Its Interplay With Insolvency Law
Gratuity And Its Interplay With Insolvency Law Gratuity fund cannot be used for the purposes of discharging corporate debtor’s liabilities and gratuity fund has to be kept separate for discharging liability towards the employees eligible for gratuity under the Gratuity Act. The Insolvency and Bankruptcy Code, 2016 (“IBC”) was enacted to facilitate the resolution of
... Continue Reading.Evolving Concept of Bailment in Digital Age: Indian Contract Law and Cloud Liens
[Tamanna Yadav is a student at NALSAR University of Law, Hyderabad] In March 2025, the Vuenow Group of Companies, a purported cloud service provider, sold cloud storage units, termed “cloud particles”, worth ₹3,558 crore, luring investors with promises of high returns through a lease-back model. However, the entire scheme was fraudulent. There was no actual cloud
... Continue Reading.P2 In The GCC
P2 In The GCC With the lone exception of the KSA, all member countries of the GCC adopted the P2 regime from 1 January, 2025 Festive months of December and January were quite frantic for the GCC tax fraternity due to advent of the P2 rules, with all member countries adopting the regime effective 1
... Continue Reading.Is It Legally Permissible to Produce Additional Evidence Post-Chargesheet?
In criminal trials, the timing and manner in which evidence is presented play a critical role in ensuring procedural fairness and the rights of the accused. A common legal dilemma is whether the prosecution can produce additional material after filing the chargesheet, particularly documents or evidence that were in existence at the time of filing
... Continue Reading.Summons-Cases Trial by Magistrates: Step-by-Step Procedure under the Bharatiya Nagarik Suraksha Sanhita, 2023
Sections 251 to 259 of the Code of Criminal Procedure (CrPC), 1973, which governed the procedure for the trial of summons-cases by Magistrates, have now been replaced by Sections 274 to 282 under Chapter XXI of the Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023, titled “Trial of Summons-Cases by Magistrates.” These provisions aim to streamline and
... Continue Reading.SEBI Penalizes Multi Commodity Exchange For Disclosure Lapses On Funding 63 Moons Technologies
SEBI Penalizes Multi Commodity Exchange For Disclosure Lapses On Funding 63 Moons Technologies The fine must be deposited within 45 days The Securities and Exchange Board of India (SEBI) has imposed Rs.25 lakh on Multi Commodity Exchange of India (MCX) for failing to disclose payments to 63 Moons Technologies (formerly Financial Technologies India Ltd) for
... Continue Reading.India Retains Foreign Investors; Removes Land And Labor Hurdles
India Retains Foreign Investors; Removes Land And Labor Hurdles It has eased the regulatory frameworks and implemented a single-window system that provides multiple services To attract foreign direct investment (FDI) inflows, the Government of India is taking multiple steps at the central and state levels. It is streamlining regulations and offering tailored investment packages and
... Continue Reading.Morrison Foerster Advised on NFL’s Touchdown in Berlin
Morrison Foerster Advised on NFL’s Touchdown in Berlin Morrison Foerster, a leading global law firm, is pleased to have advised on bringing the legendary National Football League (NFL) to Berlin. The NFL, the world’s preeminent American football league, will play at least three regular season games at Berlin’s Olympic Stadium between 2025 and 2029. Morrison
... Continue Reading.K&L Gates Advised First Sentier Investors On The Launch Of Its First ETF Product
K&L Gates advised First Sentier Investors on the launch of its first ETF product K&L Gates advised global asset manager First Sentier Investors on the launch of its first exchange-traded fund (ETF), the First Sentier Geared Australian Share Fund Complex ETF, listed on the Australian Securities Exchange (ASX). First Sentier Investors, a subsidiary of Mitsubishi
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