The advent of the Special Economic Zones (SEZ) Policy in April 2000 and the subsequent enactment of the SEZ Act 2005 and the SEZ Rules 2006 paved the way for SEZs in India. SEZs were regarded as the engines of growth, supported by quality infrastructure and complemented by an attractive fiscal package with the minimum …
As economic pressures continue to affect corporate Britain, companies are imposing their own austerity measures. As suppliers of goods and services, companies want to receive payment as soon as it is due, either in accordance with payment terms set out in their terms of business or within a reasonable time. On the other hand, as …
Continue reading “Winding up petitions: the sharpest debt recovery tool in the box?”
With around £23bn being invested in design in the UK each year1, there can be no doubt that designs are big business, or that they are vitally important for the UK economy. There is, however, significant doubt as to whether current design law and access to justice in this country provide sufficient protection for designs …
Commercial contracts may confer on one contracting party the discretion to take decisions that have an impact on the interests of the other party to the contract. This can give rise to questions of whether the decision maker owes any duties to the other contracting party and the extent to which the decision maker is …
There is nothing new about the fact that how an employee behaves can have a serious impact on a company’s reputation; what has changed is that a company’s reputation can now be damaged via a variety of different social media sites as well as through traditional channels. As social networking interaction continues to grow, the …
Continue reading “How that tweet could end up costing your company more than you’ve budgeted for”
Product recalls often take businesses by surprise. A suspected safety risk in a product will need immediate attention and your business will be at risk if it does not have a comprehensive, effective and up-to-date recall system in place.
In the words of one very famous global entertainment company, ‘it’s a small world after all’. Advances in technology have made it relatively easy to move into new territories and connect globally. Although the world is getting smaller, the task of managing compliance in numerous different jurisdictions is not. Even within the UK, there are …
Continue reading “Mind the health and safety compliance gap”
While the use of nanomaterials continues to grow, for some, concerns remain regarding the potential risks of using these materials and whether there is an adequate regulatory framework. Following up on an article published in The In-House Lawyer in May 2012, Sarah Croft, of Shook Hardy & Bacon International, assesses developments in the regulatory environment …
Continue reading “Product liability and nanotechnology: an update”
From the inception of the Points-Based System (PBS) in November 2008, the UK government has made numerous changes to the Immigration Rules affecting each tier of the PBS. Sub-categories have been added and removed in the last two years, from the removal of Tier 1 (General) in April 2011 to the introduction of Tier 1 …
Continue reading “Immigration update: key changes to Tier 1 and Tier 2”
The legality of put and call options in India is a subject of intense speculation. It became the subject of controversy when the Department of Industrial Policy and Promotion (DIPP) recently treated ‘in-built options of any type’ as debt; not permissible as foreign direct investment, only to delete the investor-offending phrase without much ado, a …
Continue reading “Options in shares: a clear investment option?”