Category: Legal Issues

Corporate Governance Quotient Upon The Advent Of Product Management Committee Of Irdai

INTRODUCTION In the insurance sector, the underwriters hold information of sensitive nature regarding the insured persons. In policies of life insurance or medical insurance, it becomes a matter of utmost significance that the insurance company develops a socialistic approach. This can be construed while managing the claims reserve, dealing with claims, determining premium, but most … Continue reading Corporate Governance Quotient Upon The Advent Of Product Management Committee Of Irdai

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Settling an incertitude conundrum: Whether the Adjudicating Authority is mandated to admit the application under Section 7 of the IBC without considering the extraneous matters involved?

Introduction To start a Corporate Insolvency Resolution (CIRP) against a Corporate Debtor, the Financial Debtor must file an application before the Adjudicating Authority under Section 7 of the Insolvency & Bankruptcy Code (IBC). The highlight of this section is that the Adjudicating Authority, after admitting the application, shall give an order within seven days of … Continue reading Settling an incertitude conundrum: Whether the Adjudicating Authority is mandated to admit the application under Section 7 of the IBC without considering the extraneous matters involved?

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Myriad of Reforms Engulfing M&A and other Important Provisions of Companies Act

Introduction “The Companies Act 2013 regulates the formation and functioning of corporations or companies in India. The 1956 Act was based on the recommendations of the Bhabha Committee. This Act was amended multiple times, and in 2013, major changes were introduced. The new law is aimed at easing the process of doing business in India … Continue reading Myriad of Reforms Engulfing M&A and other Important Provisions of Companies Act

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Khurana & Khurana acts as Legal Counsels for On2Cook India Private Limited

On2Cook India Private Limited, an Ahmedabad-based start-up, incorporated in the year 2022, recently launched its futuristic-looking patented cooking device under the brand name “On2Cook”. On2Cook cooking device as well the Company is the brainchild of the Designer, Inventor and Entrepreneur, Sanandan Sudhir (aka Sandy), who is keen on revolutionizing and disrupting the cooking Industry. [Image … Continue reading Khurana & Khurana acts as Legal Counsels for On2Cook India Private Limited

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Court Castigates Plaintiff For Whimsically Undervaluing Commercial Suit

Introduction Arbitrary or whimsical undervaluation of commercial suits by Plaintiffs in order to pay less court fees is not just unethical but also against the provisions laid under the law. A similar matter came before the Hon’ble Matura District Court which is being handled and led by Mr. Amarjeet Kumar (Partner – Litigation) & Rajat … Continue reading Court Castigates Plaintiff For Whimsically Undervaluing Commercial Suit

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Metaverse : Blurred Lines for Criminal Law

The Buzz Around the ‘Metaverse’ The ‘metaverse’ has been the latest buzzword in talks of technological development in the past year with big corporate brands such as Meta and H&M, video games as well as celebrities introducing their own projects associated with ‘metaverses.’ However, there is still a lack of clarity surrounding this concept. [Image … Continue reading Metaverse : Blurred Lines for Criminal Law

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Windfall Gain Tax : The Legality?

Introduction The basics of windfall gain tax go back to the idea that no entity should be ideally allowed to benefit from favourable market behaviour. These behaviours can be simulated due to any number of reasons, mostly which are not in the control of the companies gaining from such events. A current example of such … Continue reading Windfall Gain Tax : The Legality?

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Neetu Singh & Anr. V. Telegram FZ LLC & Ors. (2022) : An analysis of Intermediary Liability in Copyright Infringement

Introduction In the pervasive era of digitalization, intermediary liability has become an intensely contested topic. The Information Technology Act, 2002, under Section 2(w), defines intermediary as – “Intermediary with respect to any particular electronic message means any person who on behalf of another person receives, stores or transmits that message or provides any service with … Continue reading Neetu Singh & Anr. V. Telegram FZ LLC & Ors. (2022) : An analysis of Intermediary Liability in Copyright Infringement

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Legal Issue Between Amazon And Future Group

Major Points Of The Deal 1. The clause on confined Companies contending Businesses One of the conditions was that Amazon would present a list of industrialists businesses, and Future would not vend the interest to these realities without Amazon’s authorization. The agreement banned 15 corporations from engaging in or copping effects in Future Group’s retail … Continue reading Legal Issue Between Amazon And Future Group

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Digitalizing Marriage : In The Light of Recent Judicial Perspective.

INTRODUCTION Marriage is in our existence since time immemorial. It is considered as a sacrosanct union between husband and wife. Indian wedding traditions differ by area, religion, society, and the bride and groom’s individual tastes. In India, they are joyous occasions that are typically marked by elaborate decorations, color, gowns, music, dance, costumes, and customs … Continue reading Digitalizing Marriage : In The Light of Recent Judicial Perspective.

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