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LITIGATION UPDATE: REVISION OF THE DEFINITON OF THE TERM VICTIM

by ilf.admin | Jul 17, 2025 | Publications

Background: The Supreme Court in Asian Paints Limited v. Ram Babu & Another addressed an important question regarding whether an entity that suffers loss from an offence, even if not the original complainant, qualifies as a “victim” and can appeal...
1 YEAR LEFT TO PREPARE FOR THE APPLICATION OF THE EU PAY TRANSPARENCY DIRECTIVE

1 YEAR LEFT TO PREPARE FOR THE APPLICATION OF THE EU PAY TRANSPARENCY DIRECTIVE

by ilf.admin | Jul 17, 2025 | Publications

As many of you may have heard, strict rules on pay transparency will apply from summer 2026. Under the new rules, employers will have to provide transparent information to employees and job applicants about pay for each position, and companies will also have to report...
Understanding AI Laws and AI Regulations in the UAE: A Comprehensive Guide for Residents

Understanding AI Laws and AI Regulations in the UAE: A Comprehensive Guide for Residents

by ilf.admin | Jul 17, 2025 | Publications

Introduction to AI Laws and Regulations in the UAE Artificial Intelligence (AI) is rapidly transforming societies worldwide, and the United Arab Emirates is at the forefront of this revolution. As AI systems become more deeply embedded in daily life—from government...
LITIGATION UPDATE | STRIKE-OFF OF DEFENCE ON NON-PAYMENT OF RENT

LITIGATION UPDATE | STRIKE-OFF OF DEFENCE ON NON-PAYMENT OF RENT

by ilf.admin | Jul 11, 2025 | Publications

The High Court of Karnataka at Bengaluru (Court), vide an order dated 8 July 2025 (Order), in Venugopal Krishnamurthy & Anr. Versus M Tejaswini , has quashed an order of the subordinate court, and allowed the petitioners’ application to strike off the respondent’s...
COMPANY LAW UPDATE: ADDITIONAL COMPLIANCE REQUIREMENT FOR SHARE TRANSFER IN PRIVATE LIMITED COMPANIES

COMPANY LAW UPDATE: ADDITIONAL COMPLIANCE REQUIREMENT FOR SHARE TRANSFER IN PRIVATE LIMITED COMPANIES

by ilf.admin | Jul 10, 2025 | Publications

The National Securities Depository Limited (NSDL), vide Circular No. NSDL/POLICY/2025/0071 dated 3 June 2025, has brought about a significant procedural shift in the transfer of shares of private limited companies through the depository mode. The circular outlines the...
SEBI UPDATE | INTERIM ORDER AGAINST JANE STREET GROUP FOR ALLEGED INDEX MANIPULATION

SEBI UPDATE | INTERIM ORDER AGAINST JANE STREET GROUP FOR ALLEGED INDEX MANIPULATION

by ilf.admin | Jul 7, 2025 | Publications

The Securities and Exchange Board of India (SEBI), vide an ex-parte interim order dated 3 July 2025 (Order), issued under Sections 11(1), 11(4), 11B(1), and 11D of the SEBI Act, 1992, has restrained entities of the Jane Street Group, LLC (JS Group) from participating...
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