Türkiye’s New Electronic Commerce Amendments: Compliance Steps to Follow
The Law No. 7416 on Amendment of the Law on Regulation of Electronic Commerce (“Amendment Law”), published in the Official Gazette of July 7, 2022[1], introduces new obligations for e-commerce intermediary service providers and e-commerce service providers. Most of the provisions of the Amendment Law will enter into force on January 1, 2023 but the …
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CSAM: Is It Time to Age Gate the Internet?
As digital platforms cater to an ever-increasing user base, service providers and regulators are increasingly cognizant of the addictive nature of the services online, and their delivery to the end users. Children are now the focal point of discussions attending practices, which has catapulted regulatory scrutiny and policy-making initiatives.
Recovery Certificate under Debt Recovery Act is not limited to winding up proceedings only but extends to IBC: Clarifies Supreme Court
Recently, the Hon’ble Supreme Court in the case of Kotak Mahinda Bank Limited vs A. Balakrishnan & another (Civil Appeal No.689 of 2021) has held that any liability arising out of a recovery certificate needs to be treated as financial debt within vis-à-vis clause (8) of Section 5 of the Insolvency and Bankruptcy Code, 2016[1] …
Arbitration: In a Nutshell
Definitions of Arbitration – The term ‘arbitration’ has been given different yet similar meanings such as:
Impact of COVID 19 on the Pharmaceutical Industry in India
In the pre-COVID-19 era, the Indian drugs and pharmaceutical industry held a third ranking worldwide for immense production by volume and fourteenth by value in 2019[1]. Subsequently, due to the COVID-19 pandemic, the affairs of the Indian pharmaceutical industry have benefitted from substantial changes in the regulatory regime as enumerated below.
Impacts of remote work on the Brazilian service tax
Unlike several countries around the world, which taxes goods and services in a unified way and according to the destination rule, in Brazil there is no tax equivalent to the Value Added Tax (VAT). There is still a fragmentation of the taxable base of consumption, that comprises five different taxes, levied by different entities (Municipalities, …
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Revamped Overseas Investment Rules: A Critical Insight
With an aim to improve the ‘ease of doing business’ and simplifying/ liberalising the investment regime, the Government of India in consultation with the Reserve Bank of India (“RBI”), amongst others, has been progressively revamping and liberalizing the foreign exchange regime in India. In view of the foregoing, the Government of India vide Notification No. …
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Intellectual Property for Social Media Influencers
88% of Hong Kong population is using social media, and this number is growing every minute. It is no surprise that social media has become a lucrative business. Social media influencers (“Influencers”) or key opinion leaders (“KOLs”) are popular and powerful – they create tight bonds with their followers and have the ability to influence their perceptions …
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How to Avoid and Report Phishing Scams in the UAE?
Phishing scams are very common, especially with the internet being so readily accessible on mobile phones. Phishing is a scam under which a person is tricked through emails, text messages or even calls. The scam is often done with the intent to steal the personal information of the victim, including names, passwords, and credit card …
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FOURTH SCHEDULE TO ARBITRATION ACT: SUPREME COURT TO SETTLE THE CONUNDRUM IN ESSE
I Introduction: Alternative Dispute Resolution mechanism (commonly known as ADR mechanism”) has prevailed in India since its medieval period. While the panchayat system i.e., a form of ADR mechanism, was predominant in the country for being cheap and easily accessible with liberal procedural laws, the hierarchy of court system propounded by the Britishers has changed …
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