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Explain Statutory Powers Under Which Online Betting For Horse-Racing Was Allowed: Karnataka High Court To State Govt

The Karnataka High Court has directed the State government to respond to a public interest litigation filed challenging the approval given by the State government to the Bangalore Turf Club Limited to conduct on-line betting for horse-racing. A division bench of Chief Justice Abhay Oka and Justice S Vishwajith Shetty issued the notice while hearing a petition filed by C. Gopal. The bench said the state government must file its statement of objections stating the statutory powers under which the state has purported to grant permission for online betting.

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.