The Director-General of the Department of Business Development issued an Announcement dated November 2, 2020, cancelling the previous Announcement of the Department of Business Development from March 4. 2020, regarding measures to cope with the spread of Coronavirus 2019 or COVID 19, which may affect the organization of corporate meetings in 2020. This 2nd of November Announcement will become effective on December 1, 2020, onwards. Read more…
Llinks would like to share our views on the most recent hot topics and legal updates on the Antitrust and Competition with “ Llinks Client Alert – Antitrust and Competition (October 2020) ” Read more…
I. Legislative Background
When the Ministry of Commerce of the People’s Republic of China (the “MOFCOM”) solicited comments on the Export Control Law (Draft) in 2017, it pointed out that under the background where major countries and regions in the world have already formulated export control laws, China urgently needs a fundamental law in the field of export control to coordinate administrative regulations and rules in that field then effective…… Read more…
In terms of relationship between patent protections and regulatory approvals for pharmaceutical products, the patent-linkage system, the patent extension rule, and the Bolar exception form a complete suite of rules balancing the interest between innovative pharmaceutical companies and generic pharmaceutical companies. The Bolar exception was introduced into the PRC Patent Law during the amendment in 2008. However, the patent-linkage system and the patent extension have not been included in the legislative pipeline until recently. Read more…
Legislation of the 3 (three) long awaited labour codes, namely (a) the Industrial Relations Code Bill, 2020; the Code on Social Security Bill, 2020; and the Occupational Safety, Health and Working Conditions Code Bill, 2020 by the Parliament of India on September 23, 2020, marks a major milestone in ushering reforms in the labour sector.
In Part I series of our Labour Laws update, we discussed some of the key changes and provisions introduced by the Industrial Relations Code Bill, 2020 (https://www.mondaq.com/article/995216). Changes introduced through the Code on Social Security Bill, 2020 are discussed herein, in Part II of the Labour Code series.
To boost the flagging economy, the Government of India last year announced certain changes to the Foreign Direct Investment Policy (“FDI Policy”) under which investment norms were relaxed in certain sectors. Pursuant to the said announcement, Press Note no. 4 dated September 18, 2019, was released which detailed the amendments to the consolidated FDI Policy concerning coal mining, contract manufacturing and single-brand retail trading. However, one change in the press note which raised questions was the decision to introduce and allow 26% FDI in uploading and streaming of news and current affairs through digital media under the Government approval route.
On September 23, 2020, the Parliament of India passed 3 (three) long awaited labour codes, namely (a) the Industrial Relations Code Bill, 2020; the Code on Social Security Bill, 2020; and the Occupational Safety, Health and Working Conditions Code Bill, 2020. The labour codes subsequently received the Presidential assent on September 29, 2020, marking a major milestone in ushering reforms in the labour sector.
Delighted to announce the publication by LexisNexis of the 3rd edition of ‘Lissack and Horlick on Bribery and Corruption’. LexCounsel’s Seema Jhingan, Co-founder Partner and Dhruv Manchanda, Principal Associate, have co-authored the “Anti-bribery Laws of India” chapter in the LexisNexis Publication. LexCounsel frequently advises on anti-bribery and anti-corruption issues especially in the corporate governance and defence areas.
As if Victorian retail landlords didn’t have enough to contend with! Now they must familiarise themselves (and quickly) with the new amendments to the Victorian Retail Leases Act 2003.
Here are the top 7 changes that you need to know right now:
Just in the nick of time – the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 have been amended.
The amendments take effect from 29 September 2020.
Some of the most important changes are around the rent relief application requirements (which are now much more prescriptive – see further below) and the fact that the landlord’s offer of rent relief does not need to relate to the whole of the ‘relevant period’ but rather only from the date that the landlord receives a compliant rent relief application from the tenant. It is therefore now critically important that a tenant’s rent relief application is compliant with the statutory requirements from the date the application is made.