5 Steps for Due Diligence M&A in Romania
Due to the complex nature of mergers & acquisitions, the due diligence process could take between several weeks to several months.
The UAE’s collaborative approach to combat cybercrime: A closer look at the proactive strategy
The UAE Cyber Security Council, formed in November 2020, is responsible for developing and overseeing a cyber security strategy that promotes a secure and resilient cyber infrastructure in the United Arab Emirates.
Delhi High Court Clarifies Nature Of Amendments Possible Under Section 59
If an Applicant were to nationalize a PCT application into India bearing claims all of which were supposedly directed to non-patentable subject matter, the Applicant was customarily caught between the hammer and the anvil. The ‘hammer’ being the provisions of Section 138(4) which obligated the Applicant to enter India with all the claims as pending …
Continue reading “Delhi High Court Clarifies Nature Of Amendments Possible Under Section 59”
INTERIM MEASURES – EX PARTE APPLICATIONS: FRIEND OR FOE?
Typically, Parties undergoing disputes submit Ex Parte applications if they anticipate that giving notice could defeat the purpose of the application (for example, freezing injunctions or search orders). While Ex Parte applications are accepted by most Courts, its still fairly untrod territory during Arbitration/s.
Complying with Indian Legal Metrology laws
India has a well-established legal metrology framework that regulates the measurements and weights of products sold in the country. The Legal Metrology Act, 2009, defines Legal Metrology under section 2(g) “as that part of metrology which treats units of weighment and measurement, methods of weighment and measurement and weighing and measuring instruments, in relation to …
Continue reading “Complying with Indian Legal Metrology laws”
InvIT and REIT Regulations: Recent Amendments
The Securities and Exchange Board of India (“SEBI”) issued amendments on February 14, 2023, to the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 (“InvIT Regulations”) and the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 (“REIT Regulations”). These are primarily governance-related requirements and apply to all infrastructure …
Continue reading “InvIT and REIT Regulations: Recent Amendments”
The TCA Publishes Pioneer Decisions on the Simultaneous Implementation of the Leniency and Settlement Procedures
Following the introduction of the settlement procedure, the number of undertakings applying for settlement has been increasing consistently. In this respect, the Turkish Competition Authority’s (“TCA”) evaluations regarding the implementation of the settlement procedure have become an object of curiosity as the investigations that ended with settlement decisions continue to be announced on the official …
The Turkish Competition Authority Takes a Wide Interpretation of the “Technology Undertaking” Exception Applicable to the Turkey’s Merger Control Thresholds
The interpretation of the exemption brought for “technology undertakings” took a sudden turn with the Turkish Competition Authority’s (“TCA”) recent Berkshire Hathaway Decision (15.09.2022, 22-42/625-261) which resolved that the exception brought to the merger control thresholds by the recent amendment for the technology undertakings shall be considered applicable, even if the activities of the target …
The Turkish Competition Authority Concluded Its Preliminary Investigation Regarding Car Rental Services Market
On 31 January 2023, Turkish Competition Authority’s (“TCA”) decision dated 21 July 2022 and numbered 22-33/526-212 regarding a preliminary investigation into the car rental services market (the “Decision”) was published on the TCA’S official website. Back in 2020, the TCA started this preliminary investigation in order to determine whether the undertakings that are engaged in …
ALL YOU NEED TO KNOW ABOUT TAX RESIDENCY IN THE UAE
On September 2nd, 2022, the UAE government issued the Cabinet Decision No. 85 of 2022, determining tax residency in the country. It lays down rules which determine as to when a person, whether natural or legal, may be considered as a tax resident in the UAE. The rules have been framed in consonance with internationally …
Continue reading “ALL YOU NEED TO KNOW ABOUT TAX RESIDENCY IN THE UAE”