Perhaps influenced by LIC’s stance, the government amended the Insurance Act, 1938 in 2015 to discourage ‘trading’ in insurance policies. Mehta approached the Supreme Court to clarify that a ‘one-time assignment’ was not considered ‘trading’ in life insurance. The court ruled in his favour saying that a ‘one-time assignment’ was not considered ‘trading’ in life … Read more
New Delhi: India urgently needs to enact a law to regulate the artificial intelligence technology, Pavan Duggal, Supreme Court lawyer and cyber law expert, said on Friday at the Mint Digital Innovation Summit 2024. Duggal highlighted how other nations are already ahead in AI regulation. “The European Union has its AI Act, China has laws … Read more
In a landmark ruling, the Karnataka High Court has pronounced specific regulations for international workers within India’s provident fund law as unconstitutional and arbitrary. To comprehend this decision, it’s essential to review the legislative context: The provident fund legislation defines an international worker as an employee who holds a foreign passport and is employed in … Read more
NEW DELHI : The interim budget for FY 2024-25 has proposed allocating ₹110.24 crore to 26 high courts as part of the government’s e-courts project. The e-courts project, which was launched with an allocation of ₹7,000 crore in the Union Budget for FY24, aims to modernize and streamline the judicial system’s functioning. It seeks to … Read more