Introduction In recent years, the system of governance in India has gone through massive reforms to keep up with the latest global economic development trends, with the Indian government establishing a new model of ‘maximum governance, minimum government’. Whilst having a federal structure, India is of...
Under the influence of the seemingly everlasting pandemic, quite a few companies in China intend to seek suspension of operations so as to save costs while still surviving. In order to support business activities in such sensitive period of time, the Chinese government has issued regulations and guidelines that enable companies to tr...
Vietnam, thanks to its economic resilience, has emerged as a bright spot for foreign investors in the Asia Pacific Region, being listed by the Financial Times as one of the seven better performing economies this year, with an expected GDP growth rate of 7.2% in 2022. Socio-political stability, a young population, and cheap labour for...
Introduction After adopting the Paris Agreement at COP 21 in Paris, India has taken the pledge towards tackling climate change. Taking into account the commitment made to achieve the goal of 500 GW of renewable energy by 2030, the Indian government has taken the big leap to move from conventional forms of ...
After nearly 50 years since the last reform, dated 1975, a new reform of the civil law in Italy has been adopted. Law No. 206 of Nov. 26, 2021, which has been effective from June 22th, 2022 and deeply renews many points of civil procedural law in Italy, paying special attention to certain aspects of family law. Below, we will outline...
On October 26th 2022, the Hong Kong Legislative Council passed the long-awaited The Mainland Judgments in Civil and Commercial Matters (Reciprocal Enforcement) Ordinance (the MJREO). The MJREO implements the Arrangement on Reciprocal Recognition and Enforcement of Judgment...
Under the influence of the seemingly everlasting pandemic, companies in China that suffer business difficulties may consider seeking suspension of business operations so as to save costs for an interim period, rather than entering a liquidation procedure. In order to support business activities in such sensitive periods of time, the ...
China’s State Council has announced 20 measures to in order to further optimize epidemic prevention and control work. Among them, we hereby highlight some of the major developments and the most important measures you should be aware of:►►►...
Introduction The debt recovery law in India has been prevalent since age old times, with the concept of debt recovery governed primarily under the Code of Civil Procedure, 1908 and thereafter various laws have been enacted to safeguard the interests of debtors. The process of recovering debts owed to a ...
According to General Statistics Office of Vietnam, the country’s export of goods in the first 8 months of 2022 has increased by 17.3%, with a total value of 250.80 billion USD, having a higher growth rate if compared to the pre-COVID19 period, while imports saw a growth rate of 13.6%, with a value of 246.84 billion USD. These in...
