PPAs cannot be terminated during moratorium: NCLAT’s view affirmed by Supreme Court
Introduction The Hon’ble Supreme Court in its order dated 08.03.2021 in matter titled Gujarat Vikas Nigam Limited Vs. Mr. Amit Gupta & Ors. (“Instant Matter”), while upholding order of the National Company Law Appellate Tribunal (“NCLAT”) held that National Company Law Tribunal (“NCLT”) has jurisdiction to adjudicate contractual disputes which arise solely from or which …
Patent Registration in Bangladesh – Short Summary
A patent is a type of intellectual property that provides its owner or the inventor the legal right to exclude others from inventing, using, or selling the invention for 16 years on payment of the prescribed fees and such period of protection may be renewed.
Prior use turns the scales in favour of Cremo
Two entities dealing in milk and dairy products vie for rights in the mark/name CREMO before the Punjab & Haryana High Court. The Plaintiff, Cremo S.A., (Cremo S.A), filed the suit before the District Court, Faridabad (Haryana), against the Defendants, Cremo Netureal Milk LLP & another (CNML), alleging passing off. Cremo S.A., a swiss company, …
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COMMENCEMENT OF THE BENEFICIAL OWNERS REGISTER WITH THE REGISTRAR OF COMPANIES
INTRODUCTION On the 12th of March 2021, the Registrar of Companies and Official Receiver (the “Registrar”) pursuant to Article 61A of the Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2021 (the “AML Law”) issued a regulation (Regulatory Administrative Act 112/2021) (the “Directive”), identifying the obligations, methodology and procedure companies and legal …
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Initiation of Beneficial Owners (UBOs) Register of Corporate and Other Legal Entities
Corresponding to the official statement issued 19.02.21 with the passage of the “Law on the Prevention and Combating of Money Laundering (Amending) Law of 2021”, the Ministry of Energy, Commerce, and Industry proclaims that the electronic service for the Registration of Beneficial Owners (UBOs) information for corporate and other legal entities will be available 16.03.2021 …
ASCI asks influencers to use #ad, #collab, #promo, #sponsored & #partnership for content
According to digital marketing agency AdLift, India’s influencer market is estimated at $75-150 million a year, as compared to the global market of $1.75 billion.
WHEN IS IT POSSIBLE TO ASK FOR THE REPLACEMENT OF THE DEMOLITION SANCTION WITH A PECUNIARY SANCTION?
COUNCIL OF STATE, SECTION 2, 17 FEBRUARY 2021 NO. 1452 The judgment in question, while stating that the construction of new buildings without a building permit always entails the imposition of a restorative sanction, according to the article 31 of Presidential Decree 380 of 2001, also recalls that the possibility of replacing the demolition sanction …
Abolishment of ‘Employment License’ Requirement for Residents with Long Term Status
In July 2020, the EU Commission (‘Commission’) initiated infringement procedures against Malta in relation to the abolishment of the employment license requirement for residents with long term status as the Commission concluded that such requirement represents an infringement of Article 11(1)(a) of the Long-Term Residence Directive (2003/109/EC) (‘Directive’).
Recent Supreme Court’s judgment in relation to international child abduction: Following the exception
The recent Supreme Court’s case under the title: MINISTER OF JUSTICE AND PUBLIC ORDER (AS A CENTRAL AUTHORITY BASED ON THE LAW (Law 11 (III) / 94) AFTER AUTHORIZATION SAVVA v. GIORKATZI, E12/20/20(The Case) which was issued by the Supreme Court of Cyprusis unprecedented for the Cypriot Courts as the Court, decided although there was an abduction in term of the Convention of 25 October 1980 on …
Approaching UK Whiplash Reforms Could Influence Cyprus
The much-expected UK whiplash reforms introduce a new procedure for claims concerning soft tissue injuries from Road Traffic Accidents (RTAs), ultimately aiming to root out minor, exaggerated and fraudulent claims, and to reduce motor insurance premiums. Successful implementation of the reforms, which are now edging closer, may encourage common law jurisdictions including Cyprus to follow …
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