Page 17 - Contract Act News Today

Wednesday, July 21, 2021 As covered in our last blog post on this topic, President Biden issued Executive Order 14026  on April 27, 2021 raising to $15 per hour the minimum wage certain federal contractors must pay workers performing work “on or in connection with” a covered federal contract or subcontract.  According to the Executive Order, the Department of Labor (DOL) must finalize implementing regulations by November 24, 2021. The bottom line?  The $15 minimum wage appli...

Wednesday, July 21, 2021 As covered in our last blog post on this topic, President Biden issued Executive Order 14026  on April 27, 2021 raising to $15 per hour the minimum wage certain federal contractors must pay workers performing work “on or in connection with” a covered federal contract or subcontract.  According to the Executive Order, the Department of Labor (DOL) must finalize implementing regulations by November 24, 2021. The bottom line?  The $15 minimum wage appli...

Liability protection to vaccine makers should be prospective not retrospective ​ Fri, Jun 4 2021 10:48 IST | ​ 0 Views China to produce over 3 billion Covid vax this year. Image Source: IANS News Chennai, June 4 : Even though providing protection against liability claims to the vaccine manufacturers as contemplated by the central government seems unconstitutional, if at all it is given then it should be prospective and not retrospective, said an advocate whose client has preferred a clai...

Litigation Dispute Resolution Comparative Guide for the jurisdiction of Bangladesh, check out our comparative guides section to compare across multiple countries

The Central Government issued a notification dated 15.11.2019 under Sec.1(3) of the Insolvency and Bankruptcy Code

On 20 April 2021, the Indian Supreme Court in PASL Wind Solutions v. GE Power Conversion India, clarified that two Indian parties can choose a foreign arbitral seat and that parties to...

In a win for party autonomy, a three-judge bench of the Supreme Court, comprising Mr Justice RF Nariman, Mr Justice BR Gavai and Mr Justice Hrishikesh Roy, has settled a longstanding and controversial question of law by holding that two entities or companies incorporated in India can opt for foreign-seated arbitration and that an award passed in such arbitration would be enforceable in India ( PASL Wind Solutions Private Limited v GE Power Conversion India Private Limited, 20 April 2021). Facts...

13 (also known as the Service Contract Labor Standards); (3) for concessions; 14 or (4) for services provided to federal employees, their dependents, or the general public on federal property or lands. The Executive Order does not apply to contracts subject to the Walsh-Healey Public Contracts Act. 15 The Executive Order revokes the Trump Administrations EO 13838, which removed mandatory federal contractor wage minimums for certain recreational services and equipment rental contracts on federal...

Tuesday, May 4, 2021 Two Indian parties are entitled to elect a seat of arbitration outside India; The expression “International Commercial Arbitration” in Part I of the Arbitration Act is party-centric, whereas, when used in the context of Part II signifies a place-centric approach; Resultantly, a foreign seated arbitration between two Indian parties would qualify as “International Commercial Arbitration” under Part II of the Arbitration Act, and enforcement of a foreign awar...

You can, and should, sue hospital for oxygen death You can, and should, sue hospital for oxygen death Bangalore Mirror Bureau / May 4, 2021, 06:00 IST#2021-05-04T06:00:00+05:30 By KV DHANANJAY We would have seen fewer casualties if our hospitals and doctors had the fear of being sued It is heart-breaking to see more than a hundred covid patients in different states of India choke to death after the oxygen that supported them so far ran out. I would strongly advise you against watching some o...