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8 Ct. Uncourt 1 (2021)

handle is hein.journals/counco8 and id is 1 raw text is: Volume VIII Issue I 2021

contents
Concealment of Assets in Bankruptcy
Deficient Services under
Consumer Protection Act, 2019 (India)
Goods and Services Tax in India
India - Rise of Non- Performing Assets
in the Banking Sector
Avoidance of Double Taxation (DTAA) -
UAE & India
Abu Dhabi:Legislative Amendments to
Freehold Ownership Laws
Legality of the Unilateral Appointment
of an Arbitrator India
UAE: Federal Law Number 4 of 2020 on
Securing Interest over Movable Assets
Regulations for Issuing and
Offering Crypto-Assets in UAE (ICARs)
Inchoate crimes and criminal responsibility

G         overnment bodies across the globe implement fiscal policies
to stimulate the economy positively; the most popular
means of positively influencing the economy is taxation.
In keeping with the aim of promoting economic relations and
preventing tax evasion in the country, UAE has entered into
treaties with over a 100 countries to avoid double taxation,
making UAE an attractive investment hub for foreign investors. The Double Taxation Avoidance Agree-
ment or DTAA is an international tax agreement that ensures that an individual or entity from any signa-
tories to the agreement is not taxed twice on the same earnings. The rationale behind this is that the
taxpayer's sovereign or home country has the primary and inherent right to impose a tax on the earning
of the taxpayer regardless of whether the earnings arise out of occupation in another country.
This edition of Court  primarily focuses on the DTAA between UAE and India, the benefits that each
country derives out of the treaty and the complications associated therewith. Further, we also focus our
attention on judicial precedents that enable us to tackle and clarify the confusion surrounding the topic.
Further, this edition also explores, in detail, judicial precedents surrounding GST & the unilateral
appointment of an arbitrator in India, the rise of non-performing assets, remedies available to
an aggrieved consumer in case of deficiency in services, bankruptcy laws in different jurisdic-
tions and the consequences of concealing assets. In addition to this, we also dive into criminal
responsibility attached to inchoate crimes and amendments to different laws such as freehold
ownership laws in Abu Dhabi, laws governing interest over movable assets in UAE and the
introduction of regulations concerning issuing and offering crypto-assets in UAE.
Thank you, and we hope you have an insightful read!

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