Udaan gets NCLT nod for biz consolidation ahead of potential IPO, ET LegalWorld
Representative Image B2B e-commerce platform Udaan has received NCLT approval for the consolidation of its various business entities including its technology platform, distribution and logistics services and wholesale trading into one entity – Hiveloop Ecommerce, sources aware of the development told ETRetail. With a unified entity the company is aiming for simplifying its operations, especially […]
Legal experts express concerns over potential data localisation curbs, while IT minister assures no backdoor entry in new data rules, ET LegalWorld
Legal experts assisting Big Tech and social media companies are concerned that a proposed committee may recommend curbs on certain data categories, although IT Minister Ashwini Vaishnaw has assured the data Rules published Friday don’t amount to a back-door entry for data localisation requirements. “With a proposed committee recommending that certain personal data may be […]
Public Law 118 – 144 – Commission to Study the Potential Transfer of the Weitzman National Museum of American Jewish History to the Smithsonian Institution Act
Content Files PDF TEXT USLM Metadata download Descriptive Metadata (MODS) Preservation Metadata (PREMIS) All Content and Metadata files, including granules ZIP Source link
Experts see potential for streamlined insolvency process in IBBI’s mandatory mediations for operational creditors, ET LegalWorld
The Insolvency Bankruptcy Board of India has proposed that operational creditors can exercise the option of mediation before filing insolvency applications under Section 9 of the IBC. Under this scheme, the operational creditor can undergo mediation with the aid of a mediator, as provided under the Mediation Act, 2023. The IBBI’s proposal for mandatory mediation […]
Experts see potential benefits but highlight risks of complexity and costs in draft arbitration bill, 2024, ET LegalWorld
The Union Government has invited comments on the draft Arbitration and Conciliation (Amendment) Bill, 2024. The Law and Justice Ministry said the government has taken several steps to strengthen the dispute resolution environment in the country and to promote ease of doing business. The Ministry said the Department of Legal Affairs is presently in the […]
Experts express concerns over potential weakening of RTI Act by DPDP Act, ET LegalWorld
Experts express concerns over potential weakening of RTI Act by DPDP Act On September 29, media reports indicated that NITI Aayog raised objections to certain provisions of the proposed law, specifically highlighting concerns related to the amendments affecting the Right to Information (RTI) Act. The opposition came in the backdrop of protests and pushback from […]
Legal Experts weigh in on potential implications CCPA’s Show Cause Notice to Ola Electric, ET LegalWorld
On October 7, the Ola Electric Mobility Limited has received Show Cause Notice from the Central Consumer Protection Authority. The Show Cause Notice has been issued by Central Consumer Protection Authority for alleged violation of consumer rights, misleading advertisement and unfair trade practices. “From the consumer protection perspective, a show cause notice is usually issued […]