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State To Widely Publicise RERA Act To Prevent Criminalisation Of Property Disputes: Orissa HC Holds Investor Protection Laws Inapplicable To Builder-Buyer Relations

The Orissa High Court asserted that the State Government will do well to give wide publicity to the provisions of the RERA Act, 2016 in order to “enable the lay and laity to seek refuge under the appropriate law” and “injunct any unnecessary litigations” arising out of builder-buyer relations. Observing that the State will do well to ensure that the Regulatory Authority functioning under such an Act must be aided by all means possible, Justice S. K. Panigrahi remarked that a wide publicity of the RERA Act will “go a long way” in preventing the property related disputes which are being “perilously brought within the dragnet of criminal proceedings”.

Asia Law Offices advised a major transnational strategic collaboration between its client, UAE-Based Pharmax Pharmaceuticals, and Swiss pharma major Acino Pharmaceuticals.

ALO represented Pharmax in the structuring and closure of entire transaction documents of the significant collaboration.

The collaboration framework extends to licensing, manufacturing, and supply of Acino formulations within the gastroenterology and the cardiovascular space throughout the Middle East and Africa.