Part 1 of this series discussed the EDPB’s findings on Meta’s illegal data transfers to the US and its decision to impose a 1.2 Billion Euro fine on Meta. In Part 2, the article attempts to highlight the impact of this decision on Indian businesses with active platforms in the EA/EU region. While doing so, it articulates Meta’s response to the EDPB, India’s existing international data transfer and retention policy, the data protection framework between India and the EU, and the way forward.
This article aims to explore the concept of drag-along and tag-along rights in India, examining their advantages, disadvantages, and legal implications. By shedding light on these rights, businesses and legal practitioners can better navigate the complexities of shareholder agreements and ensure alignment with Indian laws.
With Paytm IPO around the corner, we try to answer as to how Paytm’s operations in India classified and regulated..
We do a deep dive into the manner of treatment of unvested Employee Stock Options in addition to vested and..
This is the third and the last part of the three-part series re-evaluating the significance of the liability cap clause in contractual agreements in the aftermath of the pandemic. This Part deals with the enforceability of liability cap clauses in contracts and aims to elucidate how it is dependent on the merits of each case. Thereby, it restricts a contracting party from absolutely taking a defence based on the existence of the said clause and disclaim his/her partial or complete liability towards an agreed transaction in the contract.
This is the first part of a three-part series re-evaluating the significance of the liability cap clause in contracts with an emphasis on limiting financial exposure and keeping in mind the aftermath of the pandemic. This financial year has in addition to changing the approach of business has also re-asserted the significance of certain contractual clauses such as liability cap clauses and force majeure, which were earlier not given due attention.
Before going any deeper into the argument, we have to first understand what is really meant by the term “..
Chapter V, Section 59 of the Insolvency and Bankruptcy Code, 2016 deals with voluntary liquidation of corporate persons. Section 59(1)..
The present day economies of the world which are function ing beyond the international boundaries are relying to a very..
A post-dated cheque is a cheque which contains a later date than the date of its delivery. There is no..