Compulsory Liquidation of Commercial Companies in The State of Qatar.
What is Liquidation? Liquidation is the process of shutting down a company and distributing its assets to claimants. It usually occurs when a company is insolvent or is unable to pay its debts. When a company’s operations halt, its leftover assets are used to pay creditors and shareholders in a certain order that is identified …
Continue reading “Compulsory Liquidation of Commercial Companies in The State of Qatar.”
Regulations of Cheques in the State of Qatar.
Introduction: A cheque is a written, dated, and signed document that instructs a bank to pay the bearer a certain quantity of money. The individual or entity that writes the cheque is referred to as the payor or drawer, while the individual to whom the cheque is made is referred to as the payee. On …
Continue reading “Regulations of Cheques in the State of Qatar.”
Bankruptcy Provisions in The Qatari Legislations.
Introduction: Bankruptcy is a legal process that is initiated when an individual or corporation is unable to repay their existing obligations. The bankruptcy procedure begins with a petition filed either by the debtor or on behalf of creditors. All of the debtor’s assets are valued and assessed, and the assets may be utilized to repay …
Continue reading “Bankruptcy Provisions in The Qatari Legislations.”
Maritime transport service providers penalized for cartelization in India
The Competition Commission of India (CCI) passed its final order on January 20, 2022, in a sou motu Case No. 10 of 2014 [available on: https://www.cci.gov.in/sites/default/files/10-of-2014.pdf] imposing penalties against four (4) maritime motor transport companies and their employees (those that were responsible) – Nippon Yusen Kabushiki Kaisha (NYK Line), Kawasaki Kisen Kaisha (K-Line), Mitsui OSK …
Continue reading “Maritime transport service providers penalized for cartelization in India”
ELP’S BIS SERIES – PART 2: LEGISLATIVE FRAMEWORK IN INDIA
Authors: Nishant Shah, Partner; Stella Joseph, Partner; Prakhil Mishra, Associate; Pulkit Devpura, Advocate
Force Majeure in Times of War
The future is uncertain. It would be prudent to act in a risk-averse manner, leaving room for the unknown, particularly in these volatile times. The commercial and legal professions have long since tried to incorporate such risks into contractual agreements, in the form of a Force Majeure clause. From the simple exceptions of unforeseeable events …
How can you carry out an IT and software development activity in Romania?
The IT industry in Romania has experienced an impressive development, especially in recent years, with more and more professionals working in this field. Anyone who wants to work in this field can be hired by an IT company, can conclude a collaboration agreement, or even start an IT business in Romania. The first step is …
Continue reading “How can you carry out an IT and software development activity in Romania?”
Analysis on the Scope of Sectors Where Concentrations Will Almost Categorically Be Notifiable in Turkey After 4 May 2022 Under The New Regime
Authors: Gönenç Gürkaynak Esq., Kağan Uçar and Hakan Demirkan, ELIG Gürkaynak Attorneys-at-Law
TURKEY: DIVIDEND RIGHT CERTIFICATES
Authors: Gönenç Gürkaynak Esq., Nazlı Nil Yukaruç and Nisa Aybüke Eroğlu, ELIG Gürkaynak Attorneys-at-Law
LAW BITES – FEBRUARY 2022: Tech challenges in Singapore, Thailand shipping sector
Although there is wide recognition that the adoption of tech will bring benefits, there are still significant issues that need to be addressed.