Major consumer companies are rushing to fill leadership roles in their legal departments as stricter regulations and new labour rules add complexity to their operations, industry executives said. Legal leadership is changing fast in the country’s consumer sector and globally. Digitisation, fierce competition, and shifting regulations are reshaping the role. Also, as businesses grow, mergers, … Read more
Speaking at the Hindustan Times Leadership Summit 2022, Chief Justice of India Dhananjaya Y Chandrachud on Saturday said that social media has posed as one of the biggest challenges. “Very often it’s not very easy to distinguish between what lies in the realm of policy and what lies in the realm of legality,” CJI Chandrachud … Read more
Delhi High Court on Wednesday halted Future Group’s ongoing arbitration with estranged partner Amazon.com Inc in light of an Indian antitrust agency’s suspension of a 2019 deal between the two sides. The US company successfully used the terms of its 2019 investment in a Future unit to block the Indian retailer’s attempt to sell retail … Read more
The Supreme Court has again ruled in favor of Delhi Airport Metro Express Pvt Ltd (DAMEPL) whereby it has upheld the 2017 arbitral award of Rs 4,600 crore payable by Delhi Metro Rail Corporation (DMRC) to DAMEPL. Key points to note – DAMEPL is a consortium between Reliance Infrastructure Limited and Construcciones y Auxillar de … Read more
LegalPay, a third-party litigation funding platform, has launched an alternative investment product for retail investors. Investors can invest and diversify across a basket of cases for a minimum amount of ₹25,000. The company has created a Special Purpose Vehicle (SPV) to create a pool of 4-8 commercial cases to ensure diversification of investor’s capital to … Read more