Adv. Lazim Vengattil, Associate, Alishahz Legal LLP INTRODUCTION In our increasingly interconnected world, contracts are no longer limited to formal agreements signed with pen and paper. Many of our daily interactions ranging from clicking “I Agree” on a website to stepping into a metro station are governed by contracts we […]
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CAN A SEPARATE CLASS OF CREDITORS BE CREATED WITHIN OPERATIONAL CREDITORS: ANALYSIS OF THE JUDGMENT IN NCC LTD. V. GOLDEN JUBILEE HOTELS PVT. LTD. AND ORS.
Adv. Lazim Vengattil, Associate, Alishahz Legal LLP The judgment in NCC Ltd. v. Golden Jubilee Hotels Pvt. Ltd. and Ors. (Comp. App. (AT) (Ins.) No. 426 of 2020 & I.A. No. 1702, 2198, 2199 of 2023) examines the legality of creating a subclass within operational creditors and whether differential treatment […]
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ANTI-SUIT INJUNCTIONS EXPLAINED: THE ROLE AND REACH OF ANTI-SUIT INJUNCTIONS IN INDIAN LAW
Adv. Lazim Vengattil, Associate, Alishahz Legal LLP In a globalized legal environment, disputes across borders have become routine. Parties involved in international business transactions often find themselves in a tug-of-war over which jurisdiction should preside over their disputes. One of the most intriguing tools in managing such legal conflicts is […]
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LOSS OF PROFIT AND LOSS OF PROFITABILITY: A LEGAL ANALYSIS
Adv. Lazim Vengattil, Associate, Alishahz Legal LLP INTRODUCTION In the realm of commercial law, “loss of profit” and “loss of profitability” are often important concepts in litigation and contractual disputes. While they might sound similar, they refer to distinct types of financial setbacks. This article aims to clarify these terms, […]
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DIGITAL PERSONAL DATA PROTECTION ACT, 2023: A GAME CHANGER FOR BUSINESSES AND PRIVACY
Adv. Lazim Vengattil, Associate, Alishahz Legal LLP INTRODUCTION India’s recent enactment of the Digital Personal Data Protection Act in 2023 signifies a major shift in data protection, introducing comprehensive obligations on private businesses, known as “data fiduciaries,” with rules governing data processing, cross-border data flow, and specific parental consent requirements […]
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