Muhammad Arooj

J&K High Court Stresses on Reasoned Decisions in Administrative Actions

3 minutes of reading

The High Court of Jammu & Kashmir and Ladakh has directed fresh administrative proceedings in the case concerning the suspension and subsequent termination of an employee from the J&K State Road Transport Corporation. The decision, pronounced by Hon’ble Mr. Justice Puneet Gupta, emphasizes the need for fair and reasoned decision-making in administrative actions, particularly when …

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Delhi HC Explores Fine Line Between Inspiration and Infringement

7 minutes of reading

In a nuanced judgment addressing the complexities of copyright law in the realm of cinematography, the Delhi High Court, led by Justice Jyoti Singh, examined the legal intricacies in a case involving alleged copyright infringement and breach of confidentiality by Yash Raj Films and others. The plaintiff, Bikramjeet Singh Bhullar, had accused the defendants of …

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Supreme Court’s Verdict on Nominee vs. Succession in Shares

5 minutes of reading

The Supreme Court, in a significant ruling, has clarified the extent of rights a nominee possesses over shares and securities after the shareholder’s death. In the case of Shakti Yezdani & Anr. vs. Jayanand Jayant Salgaonkar & Ors., the Court addressed the contentious issue of whether a nominee becomes the absolute owner of shares or …

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UAE Releases Detailed Tax Guide for Individual Income Earners

3 minutes of reading

In a significant move to streamline tax processes, the Federal Tax Authority (FTA) of the United Arab Emirates has recently unveiled a detailed guide to determine which natural persons are subject to the nation’s Corporate Tax Law, effective as of June 1, 2023. This guide represents a critical step in ensuring clarity and compliance with …

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UAE Consumer Spending Set for Steady Growth in 2024

2 minutes of reading

In an insightful analysis by the Mastercard Economics Institute (MEI), the United Arab Emirates (UAE) is poised for a significant uptick in consumer spending in 2024. A detailed examination reveals a projected 5% year-over-year growth in real consumer spending across the emirates. This promising trend positions the UAE distinctively in the Middle East and North …

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Abu Dhabi Boosts Manufacturing with Innovative Financing Hub

2 minutes of reading

Abu Dhabi, in a strategic move to bolster its industrial sector, has introduced a comprehensive platform aimed at streamlining access to finance for manufacturers. This initiative is a pivotal element in realizing the ambitious goals of the Abu Dhabi industrial strategy. The Genesis of the Financing Facilitation Platform Crafted by the Abu Dhabi Department of …

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Tabby’s Major Funding Milestone Fuels Regional Expansion

2 minutes of reading

In a landmark development for the fintech sector in the Middle East and North Africa (MENA), UAE-originated and now Saudi-based fintech unicorn, Tabby, has announced a substantial infusion of capital. The firm has secured a staggering $700 million in debt financing from J.P. Morgan, marking a significant moment in its journey of expansion. Tabby’s Series …

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J&K&L High Court Affirms Property Rights Despite Time Lapse

3 minutes of reading

The High Court of Jammu & Kashmir and Ladakh recently delivered a significant judgment in a case concerning land acquisition and compensation. In this case, the petitioners sought compensation for land taken over by the government several decades ago for the construction of the Shalteng Irrigation Canal. The case, titled Ghulam Ahmad Bhat & Others …

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