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It is common for employers to include restrictive covenants in employment contracts such as. exclusivity, non-compete and non-solicitation. The intent behind these covenants is to protect employers by preventing employees from releasing sensitive information, misusing business relationships or join competing business while serving the employer.
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The Supreme Court’s ruling in Kalyani Transco v. M/s Bhushan Power & Steel Ltd. & Ors. addresses whether procedural irregularities that occur during the Corporate Insolvency Resolution Process (“CIRP”) are sufficient to undo an approved resolution plan under the Insolvency and Bankruptcy Code, 2016 (“Code”).
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On May 14, 2025, the Supreme Court or SC passed a key judgement in the case of Vijaya Bank v. Prashant Narnaware on the legality of service bonds in employment contracts. Service or employment bonds (“Employment Bonds”) refer to contractual agreements wherein an employee agrees...
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Section 4(2)(a)(ii) of the Competition Act, 2002 (“Act”) forbids the abuse of dominance by organizations, specifically through the predatory pricing of goods and services. On May 6, 2025, the Competition Commission of India (“CCI”) amended certain definitions of the cost benchmarks that are used in...
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In May 2021, the Securities and Exchange Board of India (“SEBI”) introduced the Business Responsibility and Sustainability Reporting (“BRSR”) framework. As the first mandatory Environmental, Social and Governance (“ESG”) disclosure framework in India, BRSR prioritises transparency, accountability, and sustainable business practices.
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