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The Great Legal Minds Show | Hiroo Advani | LawWiser | Hosted by Aman Abbas

We are excited to share the super interesting conversation between @Hiroo Advani, Founder & Chairman, Advani Law and @Aman Abbas, Founder, LawWiser.

#WatchNow to hear Mr.Hiroo Advani talk about-

– How he started his firm and his arbitration journey

– Role of third-party funding in arbitration

– Conditional fee arrangement

– Role of electronic discovery in Litigation

He also talks about the Business of Law and what will define the success of law firms in India.

#GetInspired and stay with us till the end, as he shares a special message for the law students and lawyers out there!

#LawWiserSpecial #LawyerTalk #LawyerLifestyle #Law #Legal #LawFirm #TopLegalMinds #LawFirmLeadership #LawOfSuccess #TheGreatLegalMinds

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Role of In-House Counsel – Adapting to different Jurisdictions |Saloni Tuteja

Lawyers are always learning and adapting to new laws. Over time depending on opportunities, they also adapt to different roles from law firm professional to independent to in-house counsel.

The role of an #inhouse counsel as we know is diverse and they work with a variety of laws depending on the business they support. At times working with their counterparts in different jurisdictions. This may be an advantage when they switch working to another jurisdiction. However, it may come with certain challenges, and it is always helpful to hear from someone who has the experience of working in different jurisdictions.

Watch this super engaging #LawWiser video with Saloni Tuteja, Regional Legal and Business Conduct Counsel, Middle East, Gilead Sciences, hosted by our consulting editor @Sania Husaini video on the Role of an In-House Counsel: Adapting to different jurisdictions.

We understand the journey of such transitions and hope many legal professionals can take cues for considering such transitions when an opportunity arises.

Tune in now and watch Saloni sharing
 the myths around changing jurisdictions
 Can Indian Lawyers take the opportunity to work in another jurisdiction?
 challenges that are faced in transitioning or adapting to practices of different jurisdictions
 how to be better prepared for such opportunities

Follow @LawWiser for more interesting and engaging content for the legal community and businesses.

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#Budget2022 -23 – Key Takeaways |Budget 2022 highlights

Tune into #Lawwiser quick update on “BUDGET 2022-23-Key Highlights” Watch this update and, stay tuned till the end as we ask an interesting question related to it.

The finance minister, Ms Nirmala Sitharaman, has announced the Budget 2022.

Some significant changes are:-

MSME and startups –

  • For the MSME sector, Rs 6,000 crore programme to rate MSMEs will be rolled out over the next five years
  • For MSMEs portals such as Udyam, e-shram, NCS & Aseem will be inter-linked, and their scope will be widened Electrical Vehicles

Electrical Vehicles

  • Battery swapping policy to allow EV charging stations for automobiles will be framed

Defence

  • In the defence sector, the govt is committed to reducing imports and promoting self-reliance in the defence sector
  • Defense R&D will be opened up for industry, startups and academia with 25% of the defence R&D budget.

Finance & inclusion

  • As per Finance and Inclusion, some major initiatives taken by the government are
  • To introduce Digital Rupee by RBI using blockchain technology, starting 2022-23
  • Losses from the sale of virtual digital assets cannot be offset against other income
  • IBC amendments to enhance the efficiency of the resolution process
  • Facilitate cross-border insolvency resolution Healthcare

An open platform for the national digital health ecosystem will be rolled out.

Share your answers in the comment section and follow Lawwiser for more such updates. #Budget #Finance #Healthcare #Union #Ecosystem #Insolvency #Resolution #Digital #Defense #Legalvideo #Update #Video #Quickupdate

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Successful Bidder Cannot Wriggle out of a Bid in Liquidation | #InAMinute 

Watch Now LawWiser’s latest In a Minute video on ‘Successful Bidder cannot wriggle out of a bid in liquidation’ featuring Neha Naik, Associate Partner, Phoenix Legal.

There is a growing trend of successful bidders in insolvency as well as liquidation proceedings wanting to retract their offers citing various reasons.

In this video, Neha explains that the Bidder cannot wriggle out of the contractual obligations arising out of acceptance of his Bid for sale as a going concern in liquidation. She quickly takes us through 2 important decisions one by the Supreme Court of India and the other by the National Company Appellate Tribunal (NCLAT).

The decisions are related to the fact that after accepting the bid, the bidder will not be entitled to the withdrawal if they fail to comply with the terms of the contract and consequently the bidder cannot wriggle out of the contractual obligations.

#inaminute #ibc #insolvency #bidding #contract #liquidation #supermecourtofindia #nclat #contractualobligation #corporatedebtor

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PLI Scheme to Benefit Pharmaceutical Sector

The Ministry of Chemicals and Fertilizers has announced that 55 pharmaceutical companies are likely to get benefitted from the Production-Linked Incentive scheme for pharmaceuticals which is part of the government’s flagship Atmanirbhar Bharat Plan. This scheme will help in enhancing India’s manufacturing capabilities and exports in ten sectors.

The financial outlay for this Production- Linked Incentive (PLI) Scheme is Rs 15,000 crore. This PLI scheme aims to enhance India’s manufacturing capabilities and also exports in ten different sectors which were approved by the Union Cabinet.

The Cabinet approved this scheme on February 24, 2021. The operational guidelines inviting applications for the pharmaceutical industries were issued on June 1, 2021. They were issued by the Department of Pharmaceuticals after consulting thoroughly with related departments, industries, and NITI Aayog. A total of 278 applications were received by 31st August on the scheme out of which 55 applicants got selected.

Watch Avani Shukla from LawWiser helps us understand different aspects related to it such as –

1. Aim of the PLI scheme

2. Invitation of applications for the PLI scheme and different categories associated with it

3. How is it going to benefit the pharma sector?

Tune into the video to learn and understand more about the scheme.

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Overview of Fantasy Sports in India – Part 2

When we talk about Online Gaming, one of the most prominent questions which arise is the legality surrounding it.

Watch, Overview of Fantasy Sports (Part II) where Gaurav Bhalla, Senior Associate at Ahlawat & Associates helps us understand –

– Game of Skill & Game of Chance

– Judicial Pronouncements on the legality of Fantasy Sports in India

– Recent developments in Fantasy Sports

– Overall Analysis of the fantasy sports

Tune in to understand different aspects surrounding fantasy sports in the country.

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Ban Vs. Regulation Regarding Online Gaming in India

There’s always a debate around Ban vs Regulation surrounding Online Gaming in India. Watch, ‘Ban vs Regulation regarding Online Gaming in India’ where Ankur Singh, Founder & CEO at Witzeal Technologies Pvt. Ltd. helps us understand –

– Overall Industry view of online gaming in India

– Regulatory perspective surrounding ban vs regulation

He also talked about recent judgments and how does the establishment of regulations would keep a check on responsible gaming. Tune in to understand more about how India has the potential of becoming an online skill gaming power through proper regulations.

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UK-India Roadmap 2030 – Developments towards Early Harvest Deal & FTA negotiations

Watch Kevin McCole, Managing Director, UK India Business Council in this video, where he helps us understand the key developments that have taken place towards the Early Harvest Trade deals and FTA Negotiations.

He also talks about the strategic partnership between both the countries and termed it as one of the most encouraging times for the UK-India relationship. He further talks about the UK- India 2030 roadmap and its five important themes- climate change, healthcare, defense & security, trade & investment and people to people link.

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Overview Of Fantasy Sports In India – Part 1

Online Fantasy Sports are skill-based digital sports. These are engagement platforms where participants create their own virtual teams made up of real-life players of a professional sport.

The participants earn points based on real-life statistics of players which further get converted into fantasy points. To understand it better, we present to you LawWiser’s video on, ‘Overview of Fantasy Sports Part-I.’

Watch, Gaurav Bhalla, Senior Associate at Ahlawat & Associates, help us understand-

– Meaning of Online Fantasy Sports

– Growth and Potential of Online Fantasy sports in India

– Top Fantasy Sports platform in India

– Statues and Regulatory bodies governing fantasy sports.

Stay tuned for the second part to be released tomorrow!

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India-UK Data Adequacy Agreement – Cross-border Data Transfer

Watch Avimukt Dar, Founding Partner, IndusLaw explaining how the signing of the India-UK Data Adequacy Agreement facilitates cross-border data transfer.

He believes that India’s efforts in data protection laws, data protection authority, and many terminologies in the PDP Bill were based on aligning data privacy with the European Union GDPR.

He also explains that the European Union would view further negotiation with the UK very carefully due to the difficulty of data flow between them.

#UKIndia #Data #GDPR #UKIndiaBusiness #Trade #FTA #Brexit #PostBrexit #DataSecurity #DataProtection

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