The Suspension of Company Directors’ Liability – What’s the Story?
On 15th September 2020, the Companies Act (Suspension of Filing for Dissolution and Winding Up) Regulations (the ‘Regulations’) were introduced as part of several other measures intended to protect local businesses from the adverse economic impact brought about by the COVID-19 pandemic. They became applicable retrospectively as from 16th March 2020.
Pre-Packaged Insolvency Resolution Process Framework – A Leap Forward
1. Introduction Covid-19 related stress severely impacted all aspects of the Indian economy including the nascent insolvency regime under the Insolvency and Bankruptcy Code, 2016 (“Code”). The financial stability report (“FSR”) of December 2020 released by the Reserve Bank of India (“RBI”) predicts a sharp rise in the gross non-performing assets of banks by September …
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ESMA issues Consultation Paper on Draft RTS under ECSP Regulation
In October 2020, the EU approved a new regulation (Regulation (EU) 2020/1503) establishing crowdfunding rules applicable across the Union. The Regulation is applicable to European Crowdfunding Service Providers (ECSP).
ADDITIONAL AMENDMENTS TO THE ROMANIAN FISCAL CODE
1. Introduction The beginning of 2021 seems to be under the auspices of numerous amendments incurred to the Law no. 227/2015 regarding the fiscal code (the “Fiscal Code”).
Six (6) Things Your Business Need To Know On Personal Data Protection in Malaysia
Part 1: Introduction In Malaysia, collection, processing, storage, transfer and retention of individuals’ personal data are governed under the Personal Data Protection Act 2010 (the “Act”). In short, the Act regulates the processing of personal data in commercial transactions in Malaysia.
Government moves in to regulate OTT platforms over “lax content moderation”
OTT platform and digital media has picked up a fast pace in India especially with internet penetration reaching over 50% of the Indian populace which in sheer population numbers works out to staggering (more than) 700 million. Hence, the very concept of OTT is revolutionary in terms of its audience reach.
Accountability of social media against its misuse and abuse
India, in recent years, has seen a massive surge in the number of internet users and people accessing social media platforms. The pandemic and the ensuing lockdown have doubled these numbers as more and more consumers turn to social media for interaction with their friends and families. At the same time, the digital explosion has …
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The Equality Bill and its Impact on Employment
Whereas the right not to be treated in a discriminatory manner is enshrined in the highest law of the land – the Constitution, measures in favour of protection against discrimination specifically in relation to employment matters may be found both in the Employment and Industrial Relations Act (Chapter 452 of the Laws of Malta), as well as …
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BlackOak Workshop Series – Blog 2
Debby Lim, Director BlackOak LLC, talks about a recent High Court decision of the Ocean Winner on the interplay between shipping law and insolvency law.
BlackOak Workshop Series – Blog 1
Our Director Darius Tay speaks about a recent Singapore Court decision relating to Creditors Voluntary Liquidation.