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1
Plea Of Adverse Possession – A Shield As Well As A Sword, Clarifies Supreme Court
In Gurudwara Sahib, the plaintiff, inter alia, sought a declaration that he had acquired title of the suit property by way of adverse possession.
India
11 Sep 2019
2
Arbitration And Conciliation (Amendment) Act, 2019- An Attempt To Further Promote Arbitration
The article should not be envisaged as an information primer for the entirety of the Amendment Act.
India
4 Sep 2019
3
Post Vivekananda: EPFO Cautions PF Commissioners Against Roving Inquiries
On 28 August 2019, the EPFO issued a notice in relation to inquiries initiated / sought to be initiated by authorities under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 ...
India
3 Sep 2019
4
SEBI Amends Regulations To Implement Framework For Listing Of Companies With Superior Voting Rights Shares
This is further to our Ergo Update dated 5 July 2019 regarding SEBI's in-principal approval to the framework for enabling initial public offer of ordinary equity shares by tech companies having equity shares with superior voting rights.
India
2 Sep 2019
5
Government Approves Major FDI Policy Reforms
The Union Cabinet on 28 August 2019 has issued a press release proposing some significant changes to the Foreign Direct Investment ("FDI") policy of the Government of India, specifically relating to 4 (four) sectors as detailed below.
India
30 Aug 2019
6
Karnataka Maternity Benefit (Amendment) Rules, 2019
The Karnataka Government (Government) vide its notification dated 8 August 2019 notified the Karnataka Maternity Benefit (Amendment) Rules, 2019 (Amendment Rules).
India
30 Aug 2019
7
MCA Clarifies The Appointed Date Conundrum
The MCA vide its circular dated 21 August 2019 clarified that appointed date as contemplated under Section 232(6) of the Companies Act 2013 can either be a specific calendar date or a date based on the trigger of a specific event.
India
30 Aug 2019
8
The Companies (Share Capital And Debentures) Amendment Rules 2019 – Welcome Relaxations For Promoters And Start-Ups!
The Ministry of Corporate Affairs vide notification dated 16 August 2019, notified the Companies (Share Capital and Debentures) Amendment Rules 2019 (Amendment Rules).
India
30 Aug 2019
9
Better Late Than Never! Withdrawal Of Enhanced Surcharge For Investors In The Indian Capital Markets
In a much-awaited move, the Government of India (Government) vide press release dated 24 August 2019, announced withdrawal of the enhanced surcharge rates on income arising from the transfer of certain investments ...
India
30 Aug 2019
10
Liquidation Waterfall: NCLAT Rules Against Inclusion Of Social Security Dues Under ‘Workmen's Dues'
In State Bank of India v Moser Baer Karamchari Union [Company Appeal (AT) (Insolvency) Number 396 of 2019] (Moser Baer), the National Company Law Appellate Tribunal, New Delhi (NCLAT), ...
India
30 Aug 2019
11
Delhi High Court Yet Again Calls For Accountability From E-Commerce Platforms.
The Single Judge of the Delhi High Court, Justice Pratibha Singh, has recently passed a detailed order on the role, responsibility and accountability of intermediaries and held that the e-commerce platforms are bound ...
India
30 Aug 2019
12
New Beneficial Ownership Rules – Transactional Implications
Following through on India's commitment to align its regulatory framework with the recommendations of the Financial Action Task Force, to check the misuse of multi-layered corporate entities for money laundering ...
India
26 Aug 2019
13
Dematerialisation Of Securities For Unlisted Companies – Recent Changes In Indian Law
Under Indian law, shares of an unlisted company could hitherto either be held in physical form (i.e., represented by letters of allotment / share certificates issued against such shares) or in dematerialised form ...
India
26 Aug 2019
14
Consolidating The Law On Contract Labour, Factory And Construction Workers And More: The OSH Code 2019 Reaches Parliament
In a move to consolidate the law relating to occupational safety and health, welfare facilities and working conditions in relation to employees and workers, the OSH Code was introduced in the Lok Sabha on 23 July 2019.
India
23 Aug 2019
15
Relooking At The Harmonisation Of Investment Norms For IFSC AIFs With Onshore AIFs
SEBI, vide its circular SEBI/HO/IFSC/CIR/P/2019/91 dated 9 August 2019 harmonized the provisions governing investments by AIFs incorporated in IFSC with those provisions governing investments by domestic AIFs.
India
22 Aug 2019
16
Companies (Amendment) Act, 2019 - CSR Provisions Not Implemented!
The amendments proposed in the Amendment Act were party implemented with retrospective effect from 2 November 2018.
India
21 Aug 2019
17
Ushering In A New Framework For Wages: President Gives Assent To The Code On Wages 2019
A significant development in its own right, the Code on Wages, 2019 ("Wages Code") is an attempt by the Government of India to consolidate and simplify the existing multitude of labour laws in the country.
India
21 Aug 2019
18
Monetary Thresholds For Filing Of Appeals By The Income-Tax Department Further Enhanced
This is in furtherance to our Ergo Updates dated 23 July 2018 and 28 August 2018, on monetary limits for filing of appeal by the Income-tax department (Department).
India
21 Aug 2019
19
Consumer Protection Act, 2019 – Key Highlights
The Digital Age has ushered in a new era of commerce and digital branding, as well as a new set of customer expectations.
India
20 Aug 2019
20
Homebuyers Entitled To An Additional Remedy Against Builders
Amounts raised from homebuyers contribute significantly to the construction of the real estate projects and hence it is necessary to treat homebuyers as financial creditors.
India
20 Aug 2019
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