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Earlier this year, Singapore based Digital Collectibles Pte Ltd (“Rario”) and five well-known Indian cricketers (“plaintiff cricketers”) filed a case in the Delhi High Court (“HC”) against Galactus Funware (“MPL”) and Phoenixplay Tech Pvt Ltd (“PTPL”). The suit...
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Data is acknowledged as a core component of the digital economy. The volume of data generated by humans and machines has increased exponentially in recent years, while its potential is only eked out by few who, in turn,...
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In recent times, the Competition Commission of India, (“CCI”) has started examining anti-competitive practices of big technology companies. With the explosion of digitization, CCI receives many complaints about the conduct of Big Tech who, ostensibly, use their exclusive...
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The Insolvency and Bankruptcy Code, 2016 (“IBC”) is a significant reform for the Indian economy because it allows a creditor to initiate insolvency proceedings against a Corporate Debtor (“CD”) in order to protect asset value. While the IBC...
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Overseas Direct Investment (“ODI”) through Foreign Direct Investment (“FDI”) transactions (often referred as “round-tripping”) has had a checkered past on account of suspicion over whether they constitute a bona fide transaction. Round-tripping typically refers to an Indian entity...
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