Khaitan & Co partner Raj Panchmatia successfully represents Man Industries

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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 […]

Health and safety at work in Romania: What companies need to know

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

By Daniel Hayek and Laura Oegerli Statutory framework and substantive law Swiss restructuring and insolvency proceedings are mainly governed by the Swiss Debt Enforcement and Bankruptcy Law (DEBA), which entered into force in 1892. A number of other laws and ordinances further regulate special aspects of restructuring and insolvency proceedings, such as specific provisions according to […]

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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Ince & Co picks new management team as senior partner Wilson steps down

Ince & Co’s international senior partner James Wilson is to step down in January 2015 after two terms in office in favour of Hamburg managing partner Jan Heuvels. Heuvels, who is also the firm’s European head of insurance, will relocate to London. He will be responsible for the overall running of the firm, which has […]

Metro Bank seeks top 10 for lending and securities panel

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Kennedys chief executive Guy Stobart steps down

Kennedys chief executive officer Guy Stobart is to stand down from his role at the end of this year after five years in the role. Stobart will continue to work for Kennedys on a consultancy basis until April 2015. The firm is yet to make any decisions regarding a replacement. Stobart has been responsible for […]

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Conyers Dill & Pearman has provided Bermuda and British Virgin Islands (BVI) legal advice to Mitsui & Co in connection with its investment in the Hong Kong-based coffee and tea provider Tsit Wing International Holdings by way of a minority shareholding in Tsit Wing.  Tsit Wing is a supplier of coffee, tea, sugar, dairy products, […]

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