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Corporate & Commercial

07 June 2021
Tim Clipstone What to know about recent changes to Companies (Guernsey) Law 2008

Guernsey - Ogier

The Companies (Guernsey) Law 2008 (Miscellaneous Amendment) Ordinance 2020 recently came into force, amending the Companies (Guernsey) Law 2008. The changes are set to improve the administration process for Guernsey companies and have been welcomed by the industry. This article examines some of the key changes.

Author: Tim Clipstone
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Neetika Ahuja MCA21 Version 3.0

India - Clasis Law

Finance Minister Nirmala Sitharaman announced in the Union Budget 2021 that the government would soon introduce a newer version of the MCA21 (MCA21 V3) in order to promote its ease of doing business initiative. Further, there have been news reports that the government is planning to launch a mobile app for corporate filings in order to reduce the compliance burden on companies in India. MCA21 V3 is being rolled out in two phases, with the first phase having been rolled out on 24 May 2021.

Authors: Neetika Ahuja, Tanuja Kaushik
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Gordon Drakes Parties which deliberately and wilfully breach contracts can rely on broad exclusion or limitation of liability clauses

United Kingdom - Fieldfisher LLP

A recent High Court case has provided reassurance that the courts will continue to respect and enforce clearly drafted exclusion and limitation of liability clauses, even broad ones, unless to do so would have the effect of excluding all liability for all breach or would reduce one party's obligations to a mere declaration of intent. This case highlights and reaffirms the importance of precise wording when drafting commercial contracts.

Author: Gordon Drakes
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Recent updates

Neetika Ahuja Producer companies: overview of key features

India - Clasis Law

Authors: Neetika Ahuja, Tanuja Kaushik
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Russia - Gorodissky & Partners

Authors: Sergey Medvedev, Ilya Goryachev
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Guernsey - Ogier

Authors: Alex Horsbrugh-Porter, Victoria Randall
Katsuki Matsuura Options for launching business in Japan

Japan - City-Yuwa Partners

Authors: Katsuki Matsuura, Yutaka Takiguchi
Oliver Payne Avenues of redress for stakeholders in Cayman-incorporated companies facing excesses of majority shareholders

Cayman Islands - Ogier

Authors: Oliver Payne, Edwin Gomez, Ryusuke Bushimata