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Fantasy Sports
In April 2022, Dream Capital, the investment arm of the company that owns Dream 11, invested $120 million in Rario, a cricket non-fungible tokens (“NFTs”) platform, thus setting the tone for the next frontier of growth in the fantasy sports sector. The use of NFTs...
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Acquisitions of companies can be simultaneously challenging and fascinating, given the gamut of issues one needs to take care of. Regardless of how clean and well-governed a target can be, the scope of any diligence will always be confined by the level of information provided...
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security breach
The Indian Computer Emergency Response Team, commonly referred as CERT-In was established in 2004 as the national agency responsible for acting in the face of cyber incidents, including making forecasts, undertaking emergency measures for handling such incidents, and issuing guidelines for infosec practices. Historically, CERT-In...
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Force Majeure
During the Covid-19 pandemic, we witnessed a rapid shift in the way legal and business community interpret Force Majeure (“FM”) clauses in commercial contracts. These are no longer perceived as standard boilerplate clauses, but hold significance especially where performance of contracts is hindered due to...
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Regulation of Indian employment matters is a concurrent subject and covered by both central and states’ laws. The relationship between an employer and employee is regulated by contract law. Generally speaking, the framework of Indian labor law differentiates between an employee and workman, the latter...
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