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Arbitration Law under the United Nations Commission on International Trade Law Established on 17 December 1966, The United Nations Commission on International Trade Law (UNCITRAL) was founded in response to the realization that the trans-global community is acutely economically connected. Understanding this assembly, UNCITRAL was enacted to govern bodies participating…
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Censorship of Films in India I. Introduction Censorship is defined by the Oxford Dictionary as the ‘prohibition or suppression of any part of the news, books, films, etc. that are considered politically unacceptable, obscene, or a threat to security.’ Films are considered an excellent medium of communication with the general…
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Mutual Recognition of award between Hong Kong and Mainland China with regards to Intellectual Property Rights Introduction For 22 years, Hong Kong and Mainland China have been described as “one country, two systems”. Since the handover of Hong Kong to the People’s Republic of China in July 1997, both these…
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The Legality of Termination for Convenience Clauses Under the global laws for international contracts and agreements, it is highly significant to identify the clauses which put forth the concept of termination for convenience. In general terms, it may sound that, via this clause, either party can conveniently step out from…
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Guide on Tax Regulation in the GCC Introduction: Gulf co-operation council is the abbreviated form of GCC. It came into force in 1981. It is the union of all Arab state except Iraq and UAE is one of its member states. Saudi Arabia has head first a proposal to make…
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Can artificial intelligence machines be patented or sued? Introduction Hollywood movies introduced the concept of artificial intelligence to the world. Following the portrayal of artificial intelligence, many have speculated that robots will one day take over the world and subdue humans as their subjects. For this to happen, artificial intelligence…
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Debt Recovery in UAE “If you would know the value of money try to borrow some.”- Benjamin Franklin What is debt? From the ancient times of the barter system, traces of debts can be found. This was when people exchanged goods and serviced for other goods and services. But now…
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Non-Resident Capital Gains Tax on United Kingdom Real Estate: A New Regime Introduction The legislation encompassing the new regime for taxing non-residents’ gains on the United Kingdom (UK) commercial real estate came into effect on 6th April 2019. Her Majesty’s Revenue and Customs (HMRC) has additionally published draft guidance on…
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The Legal Framework for the Transportation of Oil and Gas is similar and is predicated only upon a Short-Term Contract Introduction The O&G business has regularly witnessed extensive discussions about the decrease in the term of the natural gas contracts, and many have encountered different unforeseen results which relate to…
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Regulatory updates in Turkish Capital Markets The Turkish Capital Markets Board is the financial, regulatory and supervisory agency where the Turkish Finance Ministry appoints its board. The Capital Market Law is passed for the regulation and supervision of the capital markets for ensuring the functioning and development via the security,…
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Ship Arrests and Indian Maritime Law “The safety of the people shall be the highest law” - Marcus Tullius Cicero India has a long-standing history in dealing with the sea and has had a distinguished tradition for several years with trade and commerce, both within the region and beyond its…
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New Regulations in Association Health Plans – United States of America Introduction Benjamin Carson once said that Healthcare is one-sixth of the economy of the United States. He went on to state that if the government can control, then they control just about everything. Thomas Vilsack supports these views by…
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Arbitration Proceedings in Nigeria Trade is connected with the potential for strife, and the development of globalization in business implies that the potential for conflict has also developed exponentially. Then what can be considered to resolve such disputes occurring out of these commercial proceedings? Disputes eventually need resolution, and in…
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UAE Regulations Concerning Dormant Bank Accounts Introduction Bank accounts are among the most critical and valuable accounts that can belong to an individual. Long past is the time when people would stash their money in hidden safes and secret location, and the concept of stashing ones valuables in a mattress…
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