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Khaitan & Co
There are various provisions in the Act, which require valuation by a registered valuer including issuance of shares on preferential basis, compromise and arrangements between company and its creditors or members, minority shareholding buy-out, liquidation, etc.
Nishith Desai Associates
Organisational mandates need to move beyond adhering to the law or meeting diversity targets. They need to go deeper, and work with the benefits of an equal, gender-balanced workplace.
Nishith Desai Associates
Trade union exclusive to the technology sector registered in Bangalore
Nishith Desai Associates
The matter is to be placed for consideration of Court on September 11, 2018.
Nishith Desai Associates
Bhatia International v Bulk Trading S.A. Bhatia International v Bulk Trading (2002) 4 SCC 105 (not reported by Lexis Nexis® UK), entailed that Part I of the Arbitration and Conciliation Act, 1996 will apply to all arbitrations....
Khaitan & Co
The Supreme Court, which is the Apex Court of India, recently ruled on whether Section 5 of the Limitation Act, 1963 could be invoked to seek a condonation of delay in filing an appeal before the Debt Recovery Tribunal...
Khaitan & Co
The New FEMA 20 eliminates several redundancies and clarifies a plethora of interpretational issues that plagued old regime.
Khaitan & Co
On 10 October 2017, the Supreme Court of India in the matter of Duro Felguera, S.A. v. Gangavaram Port Limited has upheld the legislative policy and purpose to minimize the Court's intervention at the stage of appointing an arbitrator...
Khaitan & Co
The Amendments have put the onus on the Committee of Creditors to approve resolution plans which are viable and made by credible applicants to ensure that the resolution process protects and preserves the value of viable assets...
Khaitan & Co
The CDBT has clarified the POEM implications of a company having its regional headquarters in India vis-à-vis decision-making by its Board of Directors.
Khaitan & Co
The CBDT has issued a circular on 7 November 2017 granting some relief from the applicability of Indian capital gains tax on indirect transfers of Indian assets as contained in the Income Tax Act, 1961 (IT Act) to certain offshore holding structures.
SKP Business Consulting LLP
Recently the Bombay High Court has pronounced a very useful and interesting decision which will be greatly appreciated by FIIs investing in Indian debt instruments.
Phoenix Legal
Fostering constructive partnership with the Indian private defense industry is considered not just a sound economic option but a strategic imperative to minimize dependence on imports and infuse self-sufficiency...
Khaitan & Co
SEBI has revised the block deal framework with effect from 1 January 2018 in a circular (CIR/MRD/DP/118/2017) issued on 26 October 2017 (SEBI Circular).
Vaish Associates Advocates
That most of the currencies in the world including the currency of India i.e. rupee, are Fiat currencies.
Phoenix Legal
On 20 July, foreign portfolio investors and investors in rupee denominated bonds got an unwelcome surprise in the form of a circular from SEBI that effectively halted the subscription of corporate debt...
Khaitan & Co
The Supreme Court held that rendition of support services by Indian group company to its parent company in the US would not lead to creation of permanent establishment (PE) of the parent company in India in terms of India-USA Double Taxation Avoidance Agreement (DTAA).
Khaitan & Co
The Telecom Regulatory Authority of India issued its Recommendations on Regulatory Framework for Internet Telephony on 24 October 2017. These Recommendations will be instrumental in laying down an effective regulatory framework for internet telephony in India.
Khaitan & Co
In view of the issues faced by exporters, the Government of India has notified supplies which would qualify as deemed exports and the concessional duty rates for the last leg of supply made to exporters when such goods are being exported as such.
SKP Business Consulting LLP
The key highlights of this issue include Nigerian Income Declaration Scheme, British Columbia budget updates 2017, key highlights of the Dubai VAT law, and reduced VAT rates in Switzerland.
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Khaitan & Co
The Principal Act provides for the mandatory annual payment of bonus to eligible employees of establishments which employ 20 or more persons.
Khaitan & Co
The MB Amendment Act regulates paid maternity leave entitlement and other related benefits for women employed in factories, mines and shops or commercial establishments employing 10 or more employees.
Khaitan & Co
The Government introduced a new GST Rule 120A vide Notification No. 34/2017- Central Tax dated 15 September 2017 (‘Notification').
Trilegal
On 31 December 2015 the President gave his assent to certain amendments to the Payment of Bonus Act, 1965. The amendments have increased the wage threshold for determining applicability of the Act from INR 10,000 to INR 21,000 per month.
Trilegal
Starting 1 January 2017, employers will need to make contributions under the ESI Act for a larger pool of employees since the wage ceiling for applicability of this statute has been increased...
Trilegal
The Insolvency and Bankruptcy Code passed by the Parliament is a welcome overhaul of the existing framework dealing with insolvency of corporates, individuals, partnerships and other entities.
Singh & Associates
The Ministry of Corporate Affairs ("MCA") vide Notification1 dated 26.12.2016 notified Section 248 to 252 of the Companies Act, 2013 ("Act") and revised the process of striking off the name of the company...
Singhania & Partners LLP, Solicitors and Advocates
The central legislature of India had promulgated a legislation Child and Adolescent Labour (Prohibition and Regulation) Act, 1986 ("CL Act") to regulate the child labour practices in India.
Phoenix Legal
The (Indian) Companies Act, 2013 (2013 Act) which replaced the (Indian) Companies Act, 1956 (1956 Act) brought significant changes for private limited companies.
ALMT Legal
The latest amendment to the Payment of Bonus Act, 1965 ("Principal Act") has come into effect through the Payment of Bonus (Amendment) Act, 2015 ("Amendment").
Khaitan & Co
Historically, the Hindu Succession Act, 1956 (HSA), did not confer any rights on a daughter to the ancestral property of her father.
Singh & Associates
Section 232 of the Indian Contract Act, 1872 ("Act"), enumerates of three issues, i.e. consideration for the agreement, the object of the agreement and the agreement per se.
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