By- Prabal Karthikheyan
INTRODUCTION
In India, the test for Corporate Tax Residency was initially based on the first while ‘Control and Management’ test (hereinafter ‘C&M test’), which was based on the ‘Central Control and Management’ in the UK. This test leaves the determination of the company’s residence to the place where the head and brain are located and important decisions are being made. However, the problem of shell companies and tax evasion still seemed to persist owing to companies having certain isolated instances of control being able to evade tax by contending that the control did not rest wholly in…
By: Gurkaranbir Singh
INTRODUCTION
Parallel proceedings in investor-state arbitration are an emerging phenomenon which operates as a stumbling block against the expeditious dispute resolution process. Such proceedings are possible in an international legal framework as international law does not provide a strict application of domestically practiced principles of Res Judidicata and Lis Pendens. This phenomenon of “parallel proceedings” has been identified as a serious problem in the fora as it leads to inconsistent arbitral awards by different arbitral tribunals adjudicated on the same set of facts.[i] It further leads to undermining the application of international legal principles, the coherence of…
By: Anushka Satya
THE SCOURGE OF MONEY LAUNDERING AND THE URGENCY TO COMBAT
Submit the interdependence of economies throughout the globe, with the seamless change of sources between sovereign borders, the menace of cash laundering has change into extra urgent than ever. Statistics say that 2-5% of the worldwide GDP, or US$ 800 billion – US$ 2 trillion is the estimated amount of cash laundered globally in a single yr. To sort out this menace, the United Nations Basic Meeting in its Political Declaration in 1998 urged member nations to undertake laws to mitigate cash laundering.
India, which isn’t any…
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Privateness Laws:Since January 1, 2004, all Canadian organizations engaged in business actions have been required to adjust to the Private Data Safety and Digital Paperwork Act (“PIPEDA”) and the Canadian Requirements Affiliation Mannequin Code for the Safety of Private Data included by reference into PIPEDA . These obligations prolong to legal professionals and regulation companies, together with Sokoloff Attorneys.
As a companies agency, we’ve skilled and moral obligations to maintain confidential the data we obtain within the…
About RMLNLU
Dr. Ram Manohar Lohiya Nationwide Regulation College is an institute for regulation in Lucknow, Uttar Pradesh, India. Dr. RMLNLU was established within the 12 months 2005, and since then, has been offering undergraduate and postgraduate authorized training.
In regards to the Journal Committee
The Committee was constituted with the target of selling authorized analysis and writing. Other than conducting the RMLNLU Worldwide Authorized Essay Writing Competitors yearly, the Committee yearly publishes two peer reviewed journals – the RMLNLU Regulation Evaluate and the RMLNLU Journal on CMET (Communication, Media, Leisure and Expertise) Regulation. Each these journals publish articles, essays,…
