Insights
The Data Protection Bill - Significance, withdrawal, and criticism Analysis The Personal Data Protection Bill, 2019 was introduced in the Lok Sabha by the Minister of Electronics and Information Technology on December 11, 2019. The purpose of this Bill was to safeguard the data of several individuals and establish a Data Protection Authority. The Personal Data Protection Bill was a great initiative for those who process personal data. This would include the government, companies incorporated in India and foreign companies which deals with the personal data of the citizens of India.
Introduction to Real Estate Regulation and Development Legislation The real estate sector in India has shown exponential growth over the years. The sector has been affected by diverse legal regimes across states and opaque enforcement strategies by various state governments. Although being a significant contributor to the gross domestic product of the nation, the real estate suffers because of the irregularities that prevail in the real estate industry. This has resulted in a deficit of trust amongst buyers as well as investors. As India moves ahead in its growth journey, the need to regulate and instil transparency in the real estate sector becomes more important than ever.
In the realm of dispute resolution, it is not always that the parties are able to afford the costs that come with resolving said disputes. Variety of expenses are involved in litigation and arbitration proceedings such as the fee of their lawyer, costs of the court
Twin conditions of PMLA Section 45 are reasonable to combat the menace of money-laundering: Supreme Court holds “twin conditions” under Section 45 of PMLA reasonable Abstract The Supreme Court observed that the provisions in Section 45 of the 2002 Prevention of Money Laundering Act, as amended in 2018, are reasonable and have a direct nexus with the 2002 Act’s purposes and objectives for combating the menace of money-laundering with transnational consequences, including impacting financial systems and the sovereignty and integrity of countries. The bench added that the basic principles and strictures of Section 45 may apply regardless of the nature of the proceedings, including proceedings under Section 438 of the Penal Code or even invoking the jurisdiction of the Constitutional Courts.
Med-Arb is an acronym for Mediation-Arbitration, it involves a mode of dispute resolution involving both mediation and arbitration integrated. Med-Arb is a hybrid, two-tier process where the parties opt for a medium to resolve their disputes.Med-Arb provides a unique…
Important judgments on arbitration law from 2021 all should know The year 2021 has been quite engrossing for the arbitration sector in India. 2021 was no exception to the trend of promoting arbitration as we witnessed a number of enthralling matters of domestic and international arbitration discussed and deciphered by the top courts of India. We cover forty-five such judgments in this edition of the Indian Arbitration Yearly Roundup 2021. The judgments discussed below provide gripping insights on some of the major issues of arbitration, clear and correct interpretation of court on these issues can make the whole process of arbitration less complex and more convenient.
Enforcement of Foreign Judgments in India The growth of international commerce has necessitated the creation of efficient methods of resolution of disputes. In some situations, securing an award or a final judgment from the courts may only be a battle half won.
Surendra Singh Chandrawat, the Managing Partner of Indian law firm Chandrawat & Partners, has established a consulting firm in Hong Kong, aiming to provide high-quality corporate and advisory services in Hong Kong and Asia.
