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Legal Updates - Page- 16

01 Feb 2022

Seizure of Air India and AAI Dues by Canadian Courts

Seizure of Air India and AAI Dues by Canadian Courts A Canadian court has ordered the International Air Transport Association (IATA) to seize funds received in favor of Air India and the Airports Authority of India (AAI). The Superior Court of Quebec issued two different decisions on November 24 and December…

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28 Jan 2022

Dubai DFSA fines $136 mln on Abraaj Group founder Arif Naqvi

Dubai DFSA fines $136 mln on Abraaj Group founder Arif Naqvi The founder of Abraaj Group which is now defunct, Mr. Arif Naqvi has been banned from Dubai’s Financial Centre and fined $135.6 million because of his role in the private equity firm’s 2019 collapse. Waqar Siddique, Abraaj's former COO,…

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26 Jan 2022

Singapore Updates on Companies Law to Strengthen Corporate Governance

Singapore Updates on Companies Law to Strengthen Corporate Governance The new Singapore Corporate Registers (Miscellaneous Amendments) Act, passed by Parliament, altered the Singapore Companies Act and the Limited Liability Partnerships Act (LLP Act). This change complies with the FATF's standards, an intergovernmental body that aims to prevent terrorism funding and…

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24 Jan 2022

Can HR legally demote an employee?

Can HR legally demote an employee? Whether an employer can demote an employee depends mainly on the employment contract terms. If the employee agrees in the contract that they could be demoted and have their pay reduced in certain circumstances, a court could find that contract to be binding. Without…

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21 Jan 2022

Philippines Anti-Child Marriage Law

Philippines Anti-Child Marriage Law The law prohibiting Child Marriage Law was signed by the Philippines President, Rodrigo Duterte. The said law, prohibiting child marriage and making it illegal in the country, came to force on 6 January 2022. The objective behind bringing the said law to force was because the…

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19 Jan 2022

Google: Abuse of Dominance in news Aggression

GOOGLE: ABUSE OF DOMINANCE IN NEWS AGGREGATION A complaint was filed by the Digital News Publishers Association, which is an association comprising of various news online platforms including the Times Group, NDTV, India Today, etc. against Google LLC, Google Ireland Ltd., Google India Pvt. Ltd., and Alphabet Inc., under section…

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