This edition from Clasis Law includes a feature article entitled “Corporate Compliances: Necessity and Implication”.
The Companies Act of India sets out the compliances/processes to be observed by a company, its senior officers, directors during the functioning of a company and fines in case of oversights. The article highlights the importance of complying with the statutory requirements prescribed under the Companies Act of India.
Also included are some key judgements passed by the Hon’ble Supreme Court of India as well as changes in Corporate and Commercial matters, and updates in Projects, Energy and Natural Resources, IP sector and Banking and Project Finance.
You can read or download the full newsletter in PDF format below …
, Intellectual Property
The “Good Faith” Principle
Hong Kong Court of Appeal holds that the “Good Faith” Principle is Complementary to the “Choice of Remedies” Principle, Aligning Hong Kong Law with Singapore Law ...
Vietnam Client Alert
This edition discusses new laws on overtime rules, corporate seals and use of IPRs in company names to the resolution of domain name disputes. Moreover, it presents an overview of how the new Trans Pacific Partnership will affect Vietnam.
Myanmar Opened its Broadcasting and TV Market
The Broadcasting Law 2015 opens commercial licenses for TV or radio for bidding under an independent supervisory authority. This offers wide opportunities to investors from broadcasting infrastructures to broadcasting services.
China Streamlines Commercial Registration System
Effective 1 October 2015, government authorities will no longer issue organization code certificate or tax registration certificate but consolidate their functions into new version of business license.
Shanghai's New Immigration Policy to Attract Foreign Talents
The Shanghai Public Security Bureau released the Implementation Rules on Series of Immigration Policies of Shanghai Sci-tech Innovation Center. The article describes the standards for foreigners to be identified as “overseas talents”, the conditions to apply for permanent residence and ...
Tanzanian Energy Developments
Summary of the latest industry developments, as well as the country’s political developments, with a special focus on the Ministry of Energy and Minerals (MEM)
India: Latest Legal Updates for May 2015
Insights into the proposed New Land Bill, recent Supreme Court judgment on the principle of the arbitration agreement, proposed enhancement of the pecuniary jurisdiction of the District Courts of Delhi and other legal updates
Shanghai clarifies labour dispatch rules
The Shanghai Municipal Human Resources and Social Insurance Bureau and Shanghai Superior People’s Court jointly issued the Meeting Minutes on Application of
Law on Labour Dispatch on 31 December 2014.
The new CIETAC Arbitration Rules 2015
The New Rules adopt both best practices and the latest developments in international commercial arbitration and accommodate the increasing needs of the parties arbitrating at CIETAC.
Tanzania: energy market developments
Including: the impact of the August's US-Africa leaders summit; plus, an overview of the power utility giant, TANESCO,and its future in the Tanzanian market
Road infrastructure in Tanzania
The ability of Tanzania to upgrade and improve its road infrastructure will be one of the key factors in whether it can continue the impressive rates of economic growth ...
India Update, inc. 'Building India through PPP'
This edition brings a featured article on Public Private Partnerships, as well as key judgements passed by the Hon’ble Supreme Court of India, changes in corporate and commercial matters and case laws in indirect taxation.
Iran’s new Integrated Petroleum Contracts
Iran hosted an “Oil Show” earlier this month in Tehran. According to reports, over 600 foreign companies from 32 countries and over 1,200 Iranian companies attended ...
FDI laws in Libya
A stark reminder of the fluidity of the legal and practical landscape ...
The legal framework of the port sector in Tanzania
The port sector in Tanzania is one of the largest of East and Central Africa, serving Tanzania as well as the neighbouring landlocked countries of Malawi, Zambia, Democratic Republic of Congo, Burundi, Rwanda and Uganda ...
2013/14 Global Fraud Report
Kroll’s 2013/14 Global Fraud Report, prepared in conjunction with the Economist Intelligence Unit, surveyed 901 senior executives from around the world. This document includes an overview of the results and a thought piece on what the results mean for businesses globally. (...
Tanzania Security Fact Sheet
This month’s Tanzania update is a fact sheet recapping on the types of security available for different asset classes when taking security over corporate borrowers, with a more detailed focus on debentures and mortgages.
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Alive and kicking
While investors remain cautious and lessons have been learned, the pulse of India’s capital markets space is well and truly beating in 2010, reveal Phoenix Legal’s founding partner, Manjula Chawla, and associate Akanksha Midha.