Technological Advancements Enable Amendments to the Public Limited Companies Act
On May 11, 2021, the Cabinet resolved that the proposed amendments of the Public Limited Companies Act, B.E. 2535 (1992) (the “PLCA”) be made, mainly due to technological advancements that allow certain corporate administrative procedures to now be conducted by electronic means. For ease of reference, the table below highlights the proposed amendments against the …
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Managing internal investigations in India
Companies in India have faced heightened enforcement in recent times. Regulators are scrutinizing acts and omissions of management more closely than ever, across a range of regulations that criminalize certain patterns of corporate behavior.
Representation of Mexico Infrastructure Partners (EXI)
Represented Mexico Infrastructure Partners (EXI), in the structuring of a new Fibra-E named Fibra EXI, as well as Fibra EXI in the issuance of MXN$22,159 million CBFEs, placed in the Mexican Stock Exchange through an initial public offer and distribution to investors of EXI Funds.
Green Shipping: The Not-So-Distant Future?
With green hydrogen stocks flying through the roof in 2020, it is no secret that this zero-carbon phenomenon is enjoying a worldwide unprecedented political and economical momentum. As a testament to its new-fangled global interest, the universal demand for hydrogen has grown threefold since 1975, with many countries now jumping on the bandwagon, aiming for …
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The circumstances in Court to grant a divorce by mutual consent and its waiting period
Divorce by mutual consent can be best understood as the legal process by which both the husband and wife mutually agree for divorce and, therefore, would like to terminate the marriage as per agreed terms. The mutual divorce petition is thus jointly submitted by the husband and wife to the Court.
What is the current impact of the COVID-19 pandemic on commercial and consumer contracts?
The Covid-19 pandemic is still interfering heavily with international trade creating disruptions and delays on an unprecedented scale. The world has completed more than one year since the Covid-19 outbreak. However, its far-reaching effects are still far from over. Pandemic outbreaks have occurred before on numerous occasions, and they have had a crippling effect on …
GDPR decisions – July 2021
Recordings of phone conversations without prior consent made by the Danish Business Authority drew criticism from the Danish Data Protection Agency.
What if you are considered as Absconding in the Country?
UAE corporate market is employee-oriented hence, the employment laws of the country are strong preserving the interest of employers and employees at the same time. In the interest of the employers, the employment law of UAE empowers the employers to register an absconding case against the employees working under them, in case the employee is …
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What Contractual Damages Are Awarded Under UAE Law?
In a simple language, “damages” are referred to as compensation paid to the claimant for a breach, loss or injury caused by another. Damages are generally confused with the term “damage”, however, they are both are significantly different from each other. Where damages refer to compensation claimed by one party from another and damage is …
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Civil Claim Procedures for Expatriates in UAE
Civil courts structure in UAE is pyramidal, wherein, the Federal Supreme Court is the highest court at a federal level and the Court of Cassation is the highest court at an Emirate Level. Next in the hierarchy of courts are the Courts of Appeal in the relevant Emirate followed by Court of First Instance in …
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