According to the SEBI AIF Regulations[1], angel investors can be individuals or companies who meet the certain defined criteria. What are Angel Investors? Chapter IIIA of SEBI(AIF) Regulation, 2012[2] consists of Angel fund. An Individual Angel Investor[3] is any person who proposes to invest in an angel fund and who has net tangible assets of … Continue reading WHAT IS ANGEL INVESTOR FUND ?
2 CRORE COMPENSATION FOR WRONG HAIR STYLING?
In the present case[1] the NCDRC had directed the defendant to pay to the complainant a compensation of Rupees 2 Crores. The Following case has been appealed before the Supreme Court of India. The Supreme Court has set aside the judgement and directed the NCDRC to quantify the claims again. FACTS OF THE CASE: In … Continue reading 2 CRORE COMPENSATION FOR WRONG HAIR STYLING?
Whether, the inquiry proceedings conducted by the ICC is quashed merely because ICC failed to complete inquiry within the time frame of 90 days?
The High Court of Delhi[1] is of the view that the inquiry proceedings cannot be quashed merely because ICC failed to complete inquiry proceedings with the time frame of 90 days. In the present case the petitioner, who is a qualified CA, has received a hearing notice by email dated 23.12.2022 from ICC constituted under … Continue reading Whether, the inquiry proceedings conducted by the ICC is quashed merely because ICC failed to complete inquiry within the time frame of 90 days?
KNOW THE BASICS OF SPORTS LAW AND GOVERNING STRUCTURE IN INDIA
WHAT IS SPORTS LAW ? Sports law is an area of law which relates to the sporting activities and events in the country. It is emerging line of law which deals with the legal issues pertaining to acts and issues of sports players, teams, managers and associates. It includes the traditional area of laws like … Continue reading KNOW THE BASICS OF SPORTS LAW AND GOVERNING STRUCTURE IN INDIA
Whether the Limitation Act, 1963, would apply to appeals under Section 18 of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.
“The Hon’ble High Court of New Delhi held that Section 5 of the Limitation Act would apply in respect of appeals which may be sought to be preferred under Section 18 of the SHW Act of 2013”. Facts: In the case at hand Respondent no. 1 accused Respondent no. 2 of harassing her. The matter … Continue reading Whether the Limitation Act, 1963, would apply to appeals under Section 18 of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.
WHETHER THE ARBITRATION CLAUSE CONTAINED IN PURCHASE ORDER IS BINDING ?
WHAT IS ARBITRATION CLAUSE Arbitration Clause refers to the clause which allows the parties to refer their dispute to Arbitration under the seen or unforeseen circumstances of disputes among the parties to a contract. Further this clause provides an opportunity to settle the disputes at an economic and time saver manner as compared with that of … Continue reading WHETHER THE ARBITRATION CLAUSE CONTAINED IN PURCHASE ORDER IS BINDING ?
What happened when two similar trademark for similar goods were registered, one in India and the other in a foreign nation?
The Hon’ble High Court of Delhi order states that the defendant no.1 and/or the defendant no. 4 (who has registered mark in Saudi Arabia) are by way of an ad-interim injunction, restrained from affixing the mark ‘TAJ MAHAL’ or any other mark deceptively similar to the registered marks of the plaintiff(which is the mark registered … Continue reading What happened when two similar trademark for similar goods were registered, one in India and the other in a foreign nation?
What is the intent behind incorporating the summary judgment procedure in the Commercial Court Act, 2015?
The intent behind incorporating the summary judgement procedure in the Commercial Court Act, 2015 is to ensure disposal of commercial disputes in a time-bound manner. In case of Su-Kam Power Systems Ltd. v. Kunwer Sachdev and Another[1] the court held “Rule 3 of Order XIIIA, CPC, as applicable to commercial disputes, empowers the Court to … Continue reading What is the intent behind incorporating the summary judgment procedure in the Commercial Court Act, 2015?
Whether a woman employee, working as a contractual employee, be provided with maternity benefits like a regular employee?
A woman employee cannot be denied maternity benefits merely because her status is that of a contractual employee. In the case of Rasitha C.H. versus State of Kerala & Ors[1]. Petitioner working as an Assistant Professor in Medical Microbiology on contract basis was denied the claim for maternity benefit. As per the university clause 11 … Continue reading Whether a woman employee, working as a contractual employee, be provided with maternity benefits like a regular employee?
What happens when written statement is filed without being accompanied by an affidavit of admission and denial in Commercial Suit?
The Delhi High Court has observed in the case of Cosco International Pvt Ltd. v. Jagat Singh Dugar, on its decision dated 06th April, 2022, that the filing of a written statement within the prescribed time period and the defect of non-filing of the affidavit of admission/denial, if cured within the permissible time then nothing … Continue reading What happens when written statement is filed without being accompanied by an affidavit of admission and denial in Commercial Suit?
DUCTUS EDGE 