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Plea In Supreme Court Seeks ‘One Nation One Penal Code’ For All Offences Including Money Laundering, Black Marketing, Etc.

A plea has been filed before the Supreme Court seeking directions to the Centre to draft a stringent and comprehensive penal code, instead of ‘existing outdated laws relating to corruption and crime’. It also seeks to replace the 161 years old ‘colonial’ Indian Penal Code of 1860. “Rule of Law and Right to life liberty & dignity can’t be secured without implementing a stringent and comprehensive ‘One Nation One Penal Code’ having specific chapters on bribery, money laundering, black money, profiteering, adulteration, hoarding, black marketing, drug smuggling, gold smuggling and human trafficking,” the plea states at the outset.

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.