Indemnity clauses play a vital role in safeguarding parties in licensing agreements, outlining the allocation of risks. The extent or breadth of an indemnity clause is crucial for assessing and mitigating these risks effectively.

On 1-2 November 2023, the inaugural edition of the AI Safety Summit was held at the Bletchley Park, Buckinghamshire. The AI Summit was organised with the intent to assess the risks posed by the transformational technology of Artificial Intelligence by way of a global endeavour.

Managing the intricacies of insolvency and bankruptcy cases in a densely populated and economically diverse country like India continues to pose formidable challenges. To effectively navigate these complexities and streamline the process, the use of Artificial Intelligence (“AI”) has emerged as a promising solution.