UAE’s New Digital Assets Law In the rapidly evolving world of finance and technology, digital assets have emerged as a transformative force, reshaping the way we perceive and interact with value. From cryptocurrencies to non-fungible tokens (NFTs), the realm of digital assets is expansive and diverse, bringing forth a myriad…
Read moreThe Amendments to UAE Trademark Law The ideal trademark is one that is pushed to its utmost limits in terms of abstraction and ambiguity, yet is still readable. - Saul Bass The UAE has a well-defined law to protect the Intellectual property rights of a business including its brand, business…
Read moreRecent Update to Hong Kong’s Listing Rules The Stock Exchange of Hong Kong Ltd. published a consultation paper on reviewing the Corporate Governance Code and Related Listing Rules in April 2021. The primary focus of the consultation paper was to instil changes in the mindset of an issuer's board, incentivize…
Read morePrior Use of Patented Inventions in India “Patents are not forever, but inventions are”― Kalyan C. Kankanala The word “prior use of patented inventions” is used when the invention underlying a patent application is being used before documenting the patent application. The rights have a common view however at that point…
Read moreOman's New Securities Law (Decree 46 of 2022) "We have seen a systematic erosion of liberty and democracy in Hong Kong. Since the National Security Law was imposed, authorities have cracked down on free speech, the free press, and free association. - Liz Truss, British Foreign Secretary Oman Sultani Decree Number…
Read moreNFTs - Country Focus: India People don’t understand NFTs, Metaverse, and crypto today the same way they didn’t understand online shopping in the 1995” - Anuj Jasani The Indian economy is considered to be one of the largest economies in the world. It is considered that to have grown by 10%…
Read moreInsolvency Regulations in Qatar No one can reasonably deny that Medicare is headed for insolvency, and that Medicare's insolvency, if not rectified, will lead to the federal government's insolvency. — David Limbaugh The bankruptcy regime in Qatar is based on the principles contained in the legislation of many western jurisdictions. Financial institutions see it…
Read moreIndia- UAE trade pact I do believe that international trade agreements benefit both nations, always. Phil Knight India - UAE have agreed on a Comprehensive Economic Partnership Agreement. (CEPA) is the most significant bilateral trade pact between the two largest economies. The main objective of this agreement is to bring…
Read moreEnforcing Foreign Judgments in Bahrain “To invoke alien law when it agrees with one's own thinking, and ignore it otherwise, is not reasoned decision making, but sophistry.” ― Antonin Scalia, The enforcement of foreign judgments is the acknowledgment and enforcement in one jurisdiction of judgments delivered in another/foreign jurisdiction. Foreign judgments may be acknowledged based on bilateral or multilateral treaties or understandings,…
Read moreCheque Law in Kuwait A negotiable instrument is a document recorded as a hard copy that represents an unconditional promise to pay a specific amount of money determined upon the interest of its owner. The emergence of new technology influences the business world also; it takes up new modes which…
Read moreArbitration Framework at Abu Dhabi Global Markets When will mankind be convinced and agree to settle their difficulties by arbitration? Benjamin Franklin The Abu Dhabi Global Market (ADGM) launched its arbitration centre in 2018. The ADGM arbitration centre is equipped to resolve disputes between parties through mediation or arbitration. The…
Read moreAbu Dhabi's Strata Law and its Implications “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” - Franklin D. Roosevelt The strata law means…
Read moreA closer look at the income tax policy on earnings through non-conventional means in India Income tax planning becomes pivotal to achieve one’s financial goals, and while some find it monotonous, it is necessary to understand the nuances involved, along with the numerous prevailing tax-saving instruments. According to the data…
Read moreSohar Free Zone What law established this free zone? A Ministerial Committee to was set up by His Majesty Sultan Qaboos bin Said establish a new Port in SOHAR in 1995 and to develop the Port of Salalah, formerly called Raysut. The Government of Oman and Port of Rotterdam signed…
Read more