Amendments in Indian Trademark Rules
Introduction The Ministry of Commerce and Industry in India have issued a new notification on 6th March 2017 through its department of Industry Policy and Promotion (DIPP) mandating the applicability of new trademark rules with immediate effect. The new rules aim to simplify the procedure by reducing the number of forms and promoting online filing. […]
Amendments in Oman Tax Law
Introduction The Sultanate of Oman has recently issued a new Royal Decree which bought a wide-ranging impact on the existing income tax law in the country. This law was published in the official gazette on 26th February 2017. This article aims to share the major highlights and the impacts of the newly introduced amendments. The […]
Amendments in UAE Penal Code: Prohibiting Bribery & Misappropriation of Public Funds
Introduction The UAE has been a prodigy of the phenomenal changes for maintaining the balance of safe and protective environment at an individual as well as at an institutional level. Following the same gradation, UAE has announced amendments to the UAE Penal code (Law no. 3 of 1987) by Emiri Decree No. 7 […]
Recent Amendments in UAE Laws – Share Pledge and Executions against Partners
Introduction Pledging of shares is a very important topic for financial institutions and banks all around the world. It also has significance importance for foreign investors in United Arab Emirates (UAE). Until recently, the pledge over shares of onshore Limited Liability companies of UAE have been a very debatable topic during the application of Commercial […]