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We can survive too

Decision of respective Doctors in 2003 to let conjoint individuals live must have been challenging. The environment in which they were allowed to grow after their parents raised their hands too is creditworthy. Hats off to Sohna and Mohana to take on the society on its terms and emerge winner as they are successful in getting employed and have aspirations to contribute. Many challenges however open up in terms of Law and legal provisions. For example they have two votes but one salary? Two identities were given in society to a person in 2003 where going by mythology Ravan had one name but ten heads? There are few who would consider decision of Doctors, not to do required surgery such that the individual would have little chanllenges to live in a society so enamoured on physicallity , a question to debate. Furthermore is this event opening a new chapter in human evolution?

Land and Property Ownership- Rationale is Old

Human population has grown to billions and land mass is shrinking. Should we revisit the logic of ownership and inheritance? Recently High Court in India dumped a case from seemingly legal heir of Lal Kila (Red Fort) in India saying you are 157 years late. The property is being used by unlawful hands ( dispute is being raised for due process of compensation not followed). If law goes by a time bar, then justification of cause is suspect. No body owns a piece of land. Human take birth, live life and die. Government is using it for public good. The concept should be expanded to entire land mass. How laws of land can provide for exclusion of land by private ownership and then provide for succession in a family at huge cost to rest of community. Needless chaos is pervading on account of property ownerships and related disputes. Land is for public good. Humans can be happier if ownership of land is shared as a community like a cooperative. There should be a thought for future. Actions for...

Intra EU Investment Arbitration Under Energy Charter Treaty: Can It Be Replaced ? Submitted by Kabir Singh, LLM (Netherlands)

  The EU has made its stance clear that investment arbitration in intra EU BITs are incompatible with EU law after the preliminary ruling by the CJEU in the case of Slovakische Republic Vs Achmea (C284/16) . This is also evident from the recent termination of the intra EU BITs by most of the member states by a Plurilateral Treaty which provides in Article 2 and 3 that the sunset clauses contained in those treaties shall not produce legal effect. However, the Plurilateral Treaty is not applicable to Energy Charter Treaty (ECT), which is a multilateral treaty to which the EU and as well as its member states, except Italy, are contracting parties. The ISDS provision in the ECT continues to be a legal basis for initiation of arbitration proceedings. Nonetheless, a situation can be seen as emerging, although hypothetical, that the Achmea ruling and the Plurilateral Treaty are applicable to the ECT and as a consequence of which investment arbitration is not available to foreign investor...

You are welcome

 Pandemic has struck few irrevocable marks on our collaboration potentials. Spirit of human intervention however shall remain undiminished. Few changes are of course inevitable in the way we work. Contracts and work from home concepts are in demand as never before. Save on fixed costs, utilize experienced resources with all due care of confidentiality. Technology and network accessibility has made it possible to procure work from any part of globe. Law firms, Arbitrators, Corporates can approach us for services on legal drafting such that they can focus on issues and make good use of  professional outreach and build on the bottom line. You may also contribute with your views , reviews, your opinion on current legal environment around you.👍 

Due Diligence Checklist

 Following information is required : Company Background     1. Incorporation and ownership including details of certified latest copies of memorandum and Article                of   Association     2. Details of Directors     3. Employees     4. location of operations/business     5 Recruitment and HR policies MIS and Budget Financial Information: audited annual accounts, accounting policies, details of cash management system, details of internal control environment, Fixed asset and Depreciations Cash and Bank Balance Account Receivables Other current assets Current liabilities Secured and unsecured loans Contingencies listings Income details Raw material details Selling and distribution  expenses Taxation Market performance Capital expenditure Statutory  Compliances Compliance certificates Organizational documents Immovable property: lease deed, conveyance deed, regis...

More than 100 legal Documents needed for International Financed Project (CAPEXUS$1billion)

 Here is list of legal documents that are executed at or before zero date of a global project with capex US$1billion: 1. Common Term Agreement between company, Arrangers, GFA, ECAs, lenders, Security Trustee etc 2. Facility Agreements -commercial and ECAs 3. Direct Agreements with EPC contractor, licensors, product offtakers, raw material suppliers like gas supply,  4. Security Documents- commercial mortgage, legal mortgage, sale purchase agreement, reinsurance agreement, account assignment, security assignment 5 Notices- Hedging agreement, account assignment, base equity shareholder letter of credit, primary insurance and reinsurance contracts, notarised and legalised powers of attorney,  6 Intercreditor agreement 7 Control of Accounts Agreement 8 Hedging Documents 9 Base equity shareholder agreement 10 Security Trust Deeds 11 EPC Contract 12 Bonds Advance payment, retention bond, performance  13 Gas supply Agreement 14 Product Offtake Agreement 15 Personnel Supply ...

Pandemic Fallout

 Costs are mounting, collaborations with physical contacts are limiting the business.. do not worry.  We can help you and the work delivered to your satisfaction in total confidentiality through our talented resources highly qualified and experienced. Tier 1, Tier 2 law firms, arbitration lawyers, brief preparation or such other legal drafting work  in domain of the laws in India and English law are welcome to connect.