MUMBAI: A sessions court has held that unless shown that a director is involved in the day-to-day activities and conduct of business of a company, he is not liable to face criminal prosecution on its behalf. The court observed this while setting aside a lower court’s order initiating criminal process ... Read More »

When Dubai businesswoman Negin Fattahi-Dasmal opened the first branch of her luxurious nail salon chain in Iran this year, it was met with both excitement and scepticism among image-conscious young Iranians. Despite — or perhaps partly because of — strict Islamic dress codes, cosmetics sales in Iran are among the ... Read More »