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Arbitration is becoming increasingly prominent in India’s legal sector, with courts and the government continuing to provide support. Lawyers say that while certain challenges still remain, the sector will continue to grow in strength. 
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In a groundbreaking decision on April 20, the Supreme Court clarified that two Indian parties can arbitrate in a non-Indian forum. The outcome of PASL Wind Solutions v. GE Power Conversion India has confirmed that entities can select foreign arbitral seats – such as London, Singapore or Hong Kong – in arbitration agreements, even in cases where contracts and counterparties are based within India. Practitioners feel that this judgment is a critical step in the development of India’s arbitration landscape.
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As the COVID-19 pandemic continues to drag on, employers are buckling in for another year of this strange ‘new normal.’ A number of firms have adapted the way they work, going above and beyond and placing a greater emphasis on wellbeing.
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Established in 1911, Khaitan & Co is one of India’s oldest firms. A domestic giant, it recently decided to expand its presence overseas with an office in Singapore. Haigreve Khaitan, senior partner at Khaitan, tells ALB why this is the right time to open the Singapore office, and how the new outpost will fit into the firm’s strategy going forward.
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The Hong Kong government recently launched a HK$270 million ($35 million) plan to encourage property owners to put their assets under real estate investment trusts (REITs) to defray listing expenses.
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For businesses with a presence spanning the EU and the UK, Brexit was never going to be a clean break.
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Asian regulators should take a more active approach in the ESG matters of boards, advising them on how to better address environmental and social governance challenges, according to recommendations from the Asian Corporate Governance Association (ACGA), an independent, non-profit membership organisation based in Hong Kong.
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De-risking supply chains has become a significant focus for businesses in the Asia Pacific, with many looking to redirect these closer to home, according to a new report from Baker McKenzie.
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Making a favourable first impression is important for businesses, and law firms are no exception. Developing good branding is an important way to communicate identity and positioning to clients, but lawyers say that getting it right requires careful consideration.
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The recently announced Gojek-Tokopedia merger has once again brought Indonesia’s booming tech sector into the headlines. And given the country’s immense potential, this boom is set to continue for some time to come.