Supreme Court Upholds Validity of Service Bond Clause in Employment Contract
In Vijaya Bank and Another vs Prashant B Narnaware[1] a division bench of the Hon’ble Supreme Court of India has upheld the validity of a clause in an appointment letter requiring an employee to pay Rupees Two Lakh (INR 2,00,000/-) as liquidated damages if he resigned before completing three (3) years of service.
Supreme Court directs status quo to be maintained in the liquidation of Bhushan Power and Steel Ltd.
Introduction In Kalyani Transco v. M/s Bhushan Power and Steel Ltd. (2025 INSC 621), the Supreme Court (the “SC”) set aside the approved resolution plan (the “Resolution Plan”) and directed liquidation of Bhushan Power and Steel Ltd. (“BPSL”) negating the judgments of the National Company Law Tribunal (the “NCLT”) and the National Company Appellate Law …
Licks Attorneys achieves ISO 37301 certification
Certification highlights the firm’s commitment to compliance culture and corporate ethic. From the Editors Tuesday, May 27, 2025 Updated at 11:10 A.M. BRT Licks Attorneys has just been awarded ISO 37301 certification, an international standard recognizing organizations with solid, effective compliance management systems aligned with global best practices in corporate governance. Celebrated as a milestone …
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Arbitrating Construction Disputes
Arbitrating construction disputes is a dense subject. Arbitrating construction disputes in Algeria has its peculiarities, which this article will try to outline.
It’s not just what it says on the tin – the case of Norton v Gardner
From 1988 – 2019, Ms Norton and Rex Gardner were in an on-off relationship and had two children together. In 1998, they bought a property – ‘Blindman’s Lane’ – in joint names, the purchase price being funded principally by a joint mortgage. The deposit was a joint gift from Mr Gardner’s father and the final …
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Industry Standards and Regulation in the Gaming Industry under Cyprus Law
The gaming industry in Cyprus, like in other jurisdictions, has evolved significantly, transitioning from traditional gaming to advanced digital platforms. With this growth it comes the necessity for strict regulatory frameworks, for ensuring security, fairness, and consumer protection.
Code of Care: An Overview of India’s Key Healthcare Laws
I. Introduction Over the last few years, the world at large has taken cognizance of India’s ability to deliver quality healthcare at an affordable price. Healthcare is now fast emerging as one of the largest industries in the Indian economy[1], generating significant employment opportunities as well as contributing substantially to India’s economic growth.
Licks Attorneys announces six new partners and reinforces commitment to internal development and technical excellence
Licks Attorneys, a leading firm in intellectual property, regulation, and strategic litigation in Brazil, has announced the appointment of six new partners. The move highlights the firm’s dedication to nurturing internal talent, pursuing sustainable growth, and expanding key areas to better serve its clients in Brazil and internationally.
IS AN ASYMMETRIC JURISDICTION CLAUSE VALID IN MAURITIUS?
When drafting an international agreement, the focus is often on financial clauses or liability exemption and less attention and strategy is given to jurisdiction clause. Nevertheless, this point should not be neglected. Consequences of jurisdiction clause are important when a dispute arises between the parties above all, when one of the parties is affected by …
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WHEN A DIRECTOR OF MAURITIAN COMPANY IS PERSONNALLY LIABLE TOWARDS THIRD PARTY?
VEIL OF INCORPORATION Under Mauritius law, a company duly incorporated is a separate legal entity distinct from its shareholders, its employees and its individual directors[1]. Then, a director cannot be confounded with the company he manages and the company creates a veil between third parties and its directors and officers.[2]