Khaitan advises Piramal Enterprises and IndiaReit on formation of debt fund platform

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Proposed amendments to Trade Union Bill, 2018

By Vinay Joy, Luv Mohan Saggi The Trade Unions Act, 1926 (Act) provides for the constitution and registration of trade unions in India. The Act defines a trade union as “any combinations, whether temporary or permanent, formed primarily for the purpose of regulating the relations between workmen and employers or between workmen and workmen, or between […]

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By Dinesh Agrawal, Ankit A. Shah, Pranay Sahay The Authority of Advance Ruling (AAR) in the state of Karnataka, in its order in Columbia Asia Hospitals Private Limited (the Applicant) dated 27 July 2018, made critical observations concerning the taxability of employee cost at a corporate office under Goods and Services Tax (GST). Background The […]

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New Act on the Control of Investments Detrimental to the Interests of Hungarian National Security

The Hungarian Government recently adopted Act no. LVII of 2018 on the Control of Investments Detrimental to the Interests of Hungarian National Security (the “Act”). Previously we wrote about a similar legislative proposal which aimed at establishing a similar control mechanism. However, the Act has a more sophisticated approach on the control and approval procedure […]

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Failure to take or observe the mandatory measures for health and safety at work may entail, among other types of liability (e.g. civil, administrative), potential criminal liability for employers. The Romanian Criminal Code (the “RCC”) provides for two offences which sanction such failure: i) failure to take the mandatory measures for health and safety at […]

Switzerland: Insolvency law, policy and procedure

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Czech Republic: Office for the Protection of Competition gets tougher

In April 2018 the Office for the Protection of Competition adopted new guidelines on the method of setting fines for competition law infringements,(1) noting that the need for a revision of the previous guidelines had emerged in the wake of developing case law, as well as amendments to the Act on the Protection of Competition. The […]

FOS expansion to SMEs – near-final rules published

By Paul Gair The Financial Conduct Authority yesterday released its policy statement on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper detailing proposals for increasing […]

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No5 Chambers members S Chelvan and Ian Brownhill will be speaking at The Public Law Project North Conference 2014, which will be held in Manchester on 17 July. Chelvan will be presenting a session titled ‘A Year in Judicial Review’ and will also sit on the panel for the debate ‘How Will People Challenge Government Decisions Following the Judicial Review and Legal Aid […]

No5 Chambers teams complete Midland & London Legal Walks for charity

No5 Chambers has raised £965 after entering teams in the Midland & London Legal Walks, which took place on 19 May. So far a total of £360 has been raised for the Midland team and £605 for the London team. Barristers and staff took part in both 10km walks to raise funds for the Midland Legal […]

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This week’s top 15 legal briefings – 18 May 2014

We’ve all done something so embarrassing that we’d like to crawl into a hole and disappear. In other words, from time to time we’d all like to invoke the right to be forgotten – or at least for part of our history to be forgotten. But in public policy terms, should we be allowed to […]

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Misys chief of staff and ex-GC: what you can learn from the Big Four

Misys chief of staff Tom Kilroy says lawyers have a lot to learn from their accountancy counterparts when it comes to pleasing clients. In 2011, the Big Four “accountancy” firms reported revenues of $29.2bn (PWC), $28.8bn (Deloitte), $22.9bn (E&Y), $22.7bn (KPMG). The world’s largest law firm reported revenues of $2.1 billion (Baker & McKenzie). Okay, […]

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