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A well-balanced mutually conducive relation between an employer and employee is necessary for the effective functioning of an organization. Recognizing this and an ever-growing emphasis on the ease of doing business, the Government decided to consolidate 29 existing labor laws into 4 labor codes (“Codes”)...
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On March 1, 2024, the Ministry of Electronics and Information Technology (MeitY) issued due diligence related advisory to platforms and intermediaries regarding the deployment and use of AI algorithms and software on their platforms (1st Advisory).
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India is one of the fastest growing economies in the world with an equally staggering workforce. With this, the rights and obligations of employers and employees take center stage. For numerous organizations, the state specific Shops and Establishment Act (“S&E Act”) assumes importance as it...
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India’s ever-expanding digital infrastructure in the wake of the pandemic has escalated the demand for new, updated, and improved regulatory mandates for strengthening cybersecurity and preventing cybercrime. Rampant, almost weekly cybersecurity attacks have caused alarm bells across businesses, organizations, and individuals.
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Over the years, ever since the Insolvency and Bankruptcy Code, 2016 (“IBC”) came into force, there has been ample litigation addressing different elements of the “waterfall” mechanism prescribed in section 53 therein whereunder the secured creditors have the highest standing. This section conflicts with other...
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