Civil Laws

By Adv Siddharth Narang, Partner Agreya Legal   Collusion, which involves businesses conspiring to manipulate markets or restrict competition, can have detrimental effects on consumers, competitors, and the overall economy. Here are some key compliance mechanisms that can help mitigate collusion and promote ethical business behaviour:   Antitrust Laws and Regulations: Governments enforce antitrust laws […]

  By Adv Siddharth Narang, Partner Agreya Legal   Chapter II, Section 3 of the Competition Act 2002, prohibits anti-competitive agreements that cause an appreciable adverse effect on competition within India. The section further provides two kinds of agreements namely, horizontal agreements and vertical agreements.   HORIZONTAL AGREEMENTS:   According to section 3(3) of the

  By Adv Siddharth Narang, Partner Agreya Legal   When examining both the preamble of the Competition Act, 2002 and the logo of the Competition Commission of India (i.e. “fair competition for greater good”), it becomes abundantly clear that the law is designed to promote, sustain and ensure competition within the markets and protect it

By Adv Siddharth Narang, Partner Agreya Legal   Companies engaged in anti-competitive behaviour often employ sophisticated strategies that are challenging to detect. Detecting these covert arrangements requires access to internal company documents, emails, or insider information, which may not be readily available.   Lack of Awareness and Resources:   Some companies, especially smaller ones, may

The Companies Act, 2013 serves as the primary legal framework governing the formation and operation of companies in India. It replaced the earlier Companies Act of 1956 and introduced several new concepts and classifications of companies to better suit the evolving business landscape. Starting a business is undoubtedly challenging, the rewards can be significant. By choosing a

INTRODUCTION: Bankruptcy and insolvency have long been complex issues in India. But, in 2016 Central Government introduced a code i.e. Insolvency and Bankruptcy code (IBC) ,2016 to resolve insolvency. Before introduction of this code companies who were unable to repay their debts had to go through long and tedious process to seek a resolution. IBC

Introduction India’s Juvenile Justice Act is a crucial piece of legislation aimed at safeguarding the rights of children and providing a rehabilitative framework for those in conflict with the law. It emphasizes the principle of best interests of the child and seeks to balance the need for justice with the potential for rehabilitation.   The