by Majmudar & Partners | Oct 28, 2024 | Technology, Telecommunication and Media
Download .pdf The Bombay High Court has recently struck down the 2023 amendment (the “2023 Amendment”) to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (the “Intermediary Rules”), which amended Rule 3(1)(b)(v)...
by Majmudar & Partners | Oct 17, 2024 | Employment Law
Download .pdf Background The former Chief Executive Officer (the “Complainant”) of Safal Life Science (P) Ltd. (the “Company”) filed a criminal complaint under Sections 420 (cheating), 406 (criminal breach of trust), and 34 (acts done by several persons with common...
by Majmudar & Partners | Aug 28, 2024 | Employment Law
Download.pdf In a recent ruling, the Delhi High Court (“DHC”) upheld the validity of reasonable lock-in periods in employment contracts and also held that disputes arising from these clauses are arbitrable under the Arbitration and Conciliation Act, 1996 (the...
by Majmudar & Partners | Jul 23, 2024 | Authored by Ravi S. Raghavan, Banking and Finance, Tax
Download .pdf Introduction India’s Union Budget (the “Budget”) was announced on July 23, 2024, and the Finance Bill, 2024 (the “Finance Bill”) was tabled in Parliament. The Finance Bill will be discussed in Parliament before its enactment, and it is likely that...
by Majmudar & Partners | Jul 8, 2024 | Banking and Finance, Insolvency and Restructuring
Download .pdf In the recent case of Uphealth Holdings, Inc. v. Dr. Syed Sabahat Azim, the Calcutta High Court (“CHC”) ruled on the enforceability of moratorium orders from non-reciprocating countries like the United States of America (“US”) in Indian courts. Uphealth...