Amendment of the Civil Registry Law
Modernization of the Legislation and Revision of the Requirements for Obtaining Cypriot Citizenship based on years of residence in the Republic of Cyprus. The House of Representatives passed the Civil Registry Amended Law 149(I)/2023, which was published in the Official Government Gazette on December 19, 2023, with immediate effect, and amends the Civil Registry Laws …
LAW AMENDING THE SALE OF IMMOVABLE PROPERTY (SPECIFIC PERFORMANCE) LAW OF 2011 (LAW 81(I)/2011)
On the 12th of December 2023, the Law 132(I) of 2023 was published, amending, thus, the Sale of Immovable Property (Specific Performance) Law of 2011 (Law 81(I)/2011). The new Law amends the provisions regarding the submission of a contract for the sale of a property to the Department of Lands and Surveys and regarding the specific …
Intra-Group Mergers of Cyprus Companies: An Overview
Intra-Group Mergers Mergers are generally regarded as means for companies to consolidate their businesses with the main purpose to position themselves more favorably against stronger competition. Others often use a merger to establish themselves as a dominant force on a national and supranational level. Intra-group mergers, on the other hand, provide a tool for groups …
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India Notifies its End-of-Life Vehicles Rules
– Ashutosh Senger & Nirmal John INTRODUCTION The Ministry of Environment, Forest and Climate Change (“MoEFCC”) has notified the Environment Protection (End-of-Life Vehicles) Rules, 2025 (“ELV Rules”) which establishes a comprehensive framework for the environmentally sound management of end-of-life vehicles (“ELVs”). These ELV Rules come into force from 1st April 2025.
Establishing a Business in Turkey
Turkey’s FDI Law is based on the principle of equal treatment, allowing international investors to have the same rights and liabilities as local investors. The conditions for setting up a business and share transfer are the same as those applied to local investors. International investors may establish any form of company set out in the …
Tax Law Articles
Dear Readers, As a legal professional with 25 years of experience specializing in tax law and corporate law, I am delighted to present this e-newsletter, which aims to provide practical insights into the key challenges faced by the business world. Tax law is one of the most critical areas where businesspeople must exercise caution when …
To be or Not to be : the Wisdom of the CoC!
Introduction In a vast economy like India, every transaction carries an anticipated or unanticipated risk that determines the existence of the company (and its guarantors!) and has the potential to lead the company (and its guarantors!) into insolvency. Our credit markets which are dominated by banks and financial institutions play a pivotal role in determining …
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Carving out of the Regulatory Penalties imposed under the Consumer Protection Act, 1986 from moratorium under Section 96 of the Insolvency and Bankruptcy Code, 2016
The Supreme Court in Saranga Anil Kumar Aggarwal v. Bhavesh Dhirajlal Sheth & Ors., 2025 SCC Online SC 493, has addressed a crucial legal question concerning the intersection of the Consumer Protection Act, 1986 (“CP Act”), and the Insolvency and Bankruptcy Code, 2016 (“IBC”).
Legal Heirs vs. Custodian: The Ongoing Conflict Over Enemy Property
Introduction India’s independence in 1947 was accompanied by the tragic partition, which led to large-scale violence, displacement, and loss of life.
How ESG impacts M&As and dealmaking
By Atty. Kristine Torres and Atty. Mark S. Gorriceta March 29, 2024 – In the era of sustainability and growing concerns over climate change, environmental, social and governance (ESG) considerations have gained more significance in the context of mergers and acquisition (M&As) and dealmaking. Companies, investors and stakeholders are faced with increasing pressure to integrate …