Goswami & Nigam LLP

The successful completion of an asset purchase agreement valued at USD 33 million marks a pivotal moment for Alpha Numero Technology Solutions, Inc and ANTS Global Systems Private Limited as it strategically expands into a new field. This asset sale represents a significant step in the company’s ongoing efforts to diversify its portfolio and establish a stronger presence in emerging markets.

Introduction to the MSMED Act The Indian legislature has enacted The Micro, Small and Medium Enterprises Development Act, 2006 (hereinafter referred to as "MSMED Act") in order to facilitate the promotion, development and enhancement of micro, small, and medium enterprises (MSMEs), and to further enhance their competitiveness in the market.

FIDIC is well-known for its standard contracts, which play a key role in the construction and engineering industries worldwide. These contracts are designed to help manage risks, clearly define the roles and responsibilities of all parties, and ensure projects are completed successfully. With a range of contract types available, they address different project needs.

The Ministry of Corporate Affairs (“MCA”) has recently issued the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2023 (“Amendment Rules”) with the aim of enhancing the ease of doing business.

Goswami & Nigam LLP, a boutique law firm based in India, has recently announced the opening of its new office in Dubai, United Arab Emirates. This strategic move represents a significant milestone for the firm as it seeks to extend its expertise and cater to clients in the UAE and the wider Middle East region. The UAE office will operate under a federal license issued by UAE, that entitles the firm to render legal advisory and consultancy services in all seven emirates of the UAE.