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News & Analysis

POD Disputes in Schemes of Arrangement: Who Gets to Decide?

18 December 2025 by Lee Hishammuddin Allen & Gledhill - Malaysia

Under a scheme of arrangement, a creditor is required to submit their proof of debt (“POD”) to the scheme chairman for purposes of voting and distribution of payment. If a creditor disagrees with the scheme chairman’s admission or rejection of the POD, s. 369B(9) of the Companies Act 2016 allows the parties to refer the dispute to a mutually agreed Independent Assessor (“IA”) for adjudication

News & Analysis

FAQ and All You Need to Know about Incorporating a Company in Thailand

29 October 2025 by JTJB International Lawyers - Thailand

Despite recent political unrest and ongoing border conflicts, Thailand has continued to attract foreign investors across several business sectors in recent years. While the overall concept of company incorporation may be similar to that of other countries, the specific criteria and process for establishing a company in Thailand differ in important ways.

News & Analysis

Pharmacyclics Continues the Divisional Applications Debate in India

14 October 2025 by Obhan & Associates - India

Summary: The Calcutta High Court’s ruling in the Pharmacyclics case clarifies that a divisional patent application can be filed as long as the invention is disclosed in the full specification, even if it was not included in the original claims.

News & Analysis

Compliance with Section 21 is Mandatory before Commencing Arbitral Proceedings after Setting Aside of Arbitral Award

17 September 2025 by DSK Legal - India

The Bombay High Court in Harkisandas Tulsidas Pabari & Anr. v. Rajendra Anandrao Acharya & Ors[1]. exercised its jurisdiction under Section 37 of Arbitration & Conciliation Act, 1996 (“Act”) to dismiss the Arbitration Appeals filed by the Appellants and upheld the Order passed by the Single Judge under Section 34 of the Act which set aside Arbitral Award dated September 21, 2005 (“Impugned Award”) on the grounds that the (i) Arbitrator lacked authorisation to recommence the arbitral proceedings; (ii) Memorandum of Understanding dated July 20, 1994 (“MoU”) did not constitute a concluded contract between the parties and (iii) MoU was impossible of being specifically performed through execution of the Impugned Award.

News & Analysis

Phased Development and Deemed Conveyance: Ensuring Equity Between Flat Purchasers & Developers

15 September 2025 by Shardul Amarchand Mangaldas & Co - India

The Bombay High Court recently decided a dispute concerning deemed conveyance under the Maharashtra Ownership Flats (Regulation of the Promotion of Constructions, Sale, Management and Transfer) Act, 1963 (“MOFA”). M/s. S & M Enterprises, the promoter of a housing project in Pune (“Promoter”), filed a writ petition No. 12297 of 2022 (“Writ Petition”) challenging the District Deputy Registrar’s order that granted deemed conveyance of the entire land in favour of The Palazzo Building No. 1 Co-operative Housing Society Limited (“Society”). The Court affirmed that deemed conveyance in phased development protects purchasers but cannot unjustly restrain promoters’ development rights.

News & Analysis

Why Thailand remains a strategic investment destination amid global uncertainty

09 September 2025 by JTJB International Lawyers - Thailand

As the world grapples with geopolitical instability and shifting global trade dynamics – including the recent tensions along the Thai-Cambodian border and U.S. tax pressure – foreign investors may naturally feel cautious. However, a deeper look at Thailand’s economic fundamentals, legal framework, and proactive government policies reveals a resilient and attractive investment landscape.

News & Analysis

China: New Notice on Reforming Foreign Exchange Administration for Cross-border Investment and Financing (Draft for Public Comments)

07 July 2025 by Global Law Office - China

On June 18, 2025, the State Administration of Foreign Exchange of China (the “SAFE”) released the “Notice of the State Administration of Foreign Exchange on Matters Related to Deepening Reforms in Foreign Exchange Administration for Cross-border Investment and Financing (Draft for Public Comments)” (hereinafter referred to as the “Notice”) and solicited public comments.

News & Analysis

Malaysia: Bursa Malaysia launches Shares2U to attract retail investors

19 June 2025 by Shearn Delamore & Co - Malaysia

On 22 May 2025, Bursa Malaysia Berhad (“Bursa Malaysia”) haslaunched Shares2U, a securities transfer scheme which allowsParticipating Organisations (“POs”) to incentivise retailinvestors with eligible Bursa Malaysia-listed shares as part oftheir marketing initiatives.

News & Analysis

Macao SAR: Legal Alert: Macau Government Approves New Rules for 2025 Economic development pecuniary contribution plan

19 June 2025 by Lektou - Macao SAR

The Executive Council of the Macau SAR Government has finalized discussions and approved the draft administrative regulation for the “2025 Economic development pecuniary contribution plan”.

News & Analysis

South Korea: Vietnam’s Decree 94: Introducing Regulatory Sandbox for Fintech Innovation

19 June 2025 by Jipyong - South Korea

On May 15, 2025, the Government of Vietnam promulgated Decree No. 94/2025/ND-CP (“Decree 94”), introducing a regulatory sandbox mechanism for certain fintech activities in the banking and financial services sector.