GRAFFITI #1
SUSPENSION OF PAYMENT OF RENT AMIDST COVID-19
With the lockdown declared across the country spread across four versions and 60 days, one question that was constantly raised was whether tenants are entitled to claim waiver/suspension of payment of rent. The Delhi High Court, in a recent judgment in Ramanand v. Dr. Girish Soni (decided on 21.05.2020), addressed the issue and set out certain parameters to be considered while deciding whether a tenant could claim exemption from payment of rent on account of the lockdown, and the same
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GRAFFITI #2
INVESTMENTS FROM HONGKONG, TAIWAN, BENEFICIAL OWNER IN PRESS NOTE 3 NEED AMPLIFICATION
The Government of India (“GoI”) has reviewed and amended the Foreign Direct Investment (FDI) policy to curb opportunistic takeovers/acquisitions of Indian companies, consequent to Covid-19 pandemic, and the GoI has vide Press Note No. 3 (2020 series) dated 17th April 2020 (hereinafter “PN3”) and has revised the FDI policy to this effect.
In this article, we examine Read More
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GRAFFITI #3
TELEMEDICINE PRACTICE GUIDELINES IN INDIA
“the delivery of health care services, where distance is a critical factor, by all health care professionals using information and communication technologies for the exchange of valid information for diagnosis, treatment and prevention of disease and injuries, research and evaluation, and for the continuing education of health care providers, all in the interests of advancing the health of individuals and their communities”. ~ World Health Organisation on what is Telemedicine
Amidst the outbreak of the pandemic COVID-19 and the consequent lockdown in India, when social distancing from one another is mandated, the Medical Council of India (MCI) has encouraged the doctors and health workers to practice telemedicine, whenever appropriate, to provide healthcare services, and Board of Governors (BoG) of MCI has in March 2020, issued the Telemedicine Practice Guidelines (“Guidelines”) as part of the Indian Medical Council (Professional Conduct, Etiquette and Ethics Regulation 2002 under the Indian Medical Council Act 1956 (“IMC Act”).
Overview of the Guidelines:
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GRAFFITI #4
DISCLOSURE OF IMPACT OF COVID-19 ON BUSINESS OF LISTED ENTITIES – SEBI GUIDANCE
DISRUPTION OF OPERATIONS DUE TO COVID-19 PANDEMIC:
Under the current scenario of COVID-19 pandemic and the consequent lockdown, various business organisations are facing severe impact on the performance as there is restriction on the operation of its activities.
SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (“LODR”) requires listed companies to intimate the stock exchange,
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GRAFFITI #5
REVERSE CORPORATE INSOLVENCY PROCESS ALLOWED BY THE NATIONAL COMPANY LAW APPELLATE TRIBUNAL IN CASE OF REAL ESTATE INFRASTRUCTURE DEVELOPERS AND BUILDERS
The National Company Law Appellate Tribunal (‘NCLAT’) recently in the matter of Flat Buyers Association Winter Hills – 77, Gurgaon v. Umang Realtech Pvt. Ltd. (through IRP & Ors.) took a practical approach bordered on survival of the business and satisfying the interests of the stakeholders involved and introduced the concept of reverse corporate insolvency resolution process (‘CIRP’).
BACKGROUND OF THE CASE Read More
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GRAFFITI #6
PERSONALITY RIGHTS AND ITS PROTECTION IN INDIA- A STATUTORY AND JUDICIAL ANALYSIS
Introduction:
Be it an affordable daily-use product such as an energy drink endorsed by Indian Cricketer Virat Kohli or an expensive commodity such as gold or diamonds endorsed by top Indian actors like Amitabh Bachchan or Aishwarya Rai, people in India are largely influenced by celebrity endorsed products and its consumption in daily households are nothing to be surprised of. In a country like India with people worshipping celebrities such as actors, cricketers or even politicians as Read More
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GRAFFITI #7
DELHI HIGH COURT SUSPENDS OPERATION OF THE PUBLIC NOTICE DATED 04.05.2020 ISSUED BY THE OFFICE OF CONTROLLER GENERAL OF PATENTS, DESIGNS, AND TRADE MARKS:
A writ petition was filed before the Hon’ble Delhi High Court by the Intellectual Property Attorneys Association (IPAA) against the Controller General of Patents, Designs and Trademark (CGPDTM) with respect to the public notice dated 04.05.2020 issued by the office of the CGPDTM in the backdrop of the nation-wide lockdown enforced by the Government of India owing to the COVID-19 pandemic. The said notice stated that Read More
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