In the light of economic reforms and the liberalised business scenario in the country, the Foreign Exchange Management Act (FEMA) was introduced in India in 1999 which emerged as an investor friendly legislation. This act relaxed foreign exchange restrictions resulting in significant flow of investments into India over the years making it one of the most lucrative FDI...

In the light of economic reforms and the liberalised business scenario in the country, the Foreign Exchange Management Act (FEMA) was introduced in India in 1999 which emerged as an investor friendly legislation. This act relaxed foreign exchange restrictions resulting in significant flow of investments into India over the years making it one of the most lucrative FDI...

In convergence with IFRS, the Ministry of Corporate Affairs (MCA) issued Ind AS 115, Revenue from Contracts with Customers and is applicable from 1st April 2018.  The new accounting standard is set to transform the way companies in several sectors will measure, recognise and disclose revenues in their financial statements. It provides for numerous...

In convergence with IFRS, the Ministry of Corporate Affairs (MCA) issued Ind AS 115, Revenue from Contracts with Customers and is applicable from 1st April 2018.  The new accounting standard is set to transform the way companies in several sectors will measure, recognise and disclose revenues in their financial statements. It provides for numerous...

In convergence with IFRS, the Ministry of Corporate Affairs (MCA) issued Ind AS 115, Revenue from Contracts with Customers and is applicable from 1st April 2018.  The new accounting standard is set to transform the way companies in several sectors will measure, recognise and disclose revenues in their financial statements. It provides for...

A nine-judge Constitution bench of the Supreme Court ruled that privacy is a fundamental right in a verdict that would have implications for serious implications on companies for data protection. The judgement effectively creates for the first time, obligations and responsibilities, for all those companies or government organisations that deal with Indian citizens and their...

A nine-judge Constitution bench of the Supreme Court ruled that privacy is a fundamental right in a verdict that would have implications for serious implications on companies for data protection. The judgement effectively creates for the first time, obligations and responsibilities, for all those companies or government organisations that deal with Indian citizens and their...

A nine-judge Constitution bench of the Supreme Court ruled that privacy is a fundamental right in a verdict that would have implications for serious implications on companies for data protection. The judgement effectively creates for the first time, obligations and responsibilities, for all those companies or government organisations that deal with Indian citizens and their information. Data Protection refers...

A nine-judge Constitution bench of the Supreme Court ruled that privacy is a fundamental right in a verdict that would have implications for serious implications on companies for data protection. The judgement effectively creates for the first time, obligations and responsibilities, for all those companies or government organisations that deal with Indian citizens and their...

To tackle the problem of Sexual Harassment at workplace, the government introduced the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (the “Act”) in 2013. However, despite the introduction of the Act, the menace of Sexual Harassment of women at work is still widely prevalent in corporate India. Year...

To tackle the problem of Sexual Harassment at workplace, the government introduced the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (the “Act”) in 2013. However, despite the introduction of the Act, the menace of Sexual Harassment of women at work is still widely prevalent in corporate India. Year...

The Companies (Amendment) Act, 2017 which was passed by the Lok Sabha on July 27, 2017 and by the Rajya Sabha on December 19, 2017, has received the assent of the President of India on January 3, 2018 and subsequently published in the Gazette of India. MCA has notified that 9th Feb’ 2018 is the date on which a number of sections of Companies (Amendment) Act,...

The Companies (Amendment) Act, 2017 which was passed by the Lok Sabha on July 27, 2017 and by the Rajya Sabha on December 19, 2017, has received the assent of the President of India on January 3, 2018 and subsequently published in the Gazette of India. MCA has notified that 9th Feb’ 2018 is the date on which a number of sections of Companies (Amendment) Act,...

The Companies (Amendment) Act, 2017 which was passed by the Lok Sabha on July 27, 2017 and by the Rajya Sabha on December 19, 2017, has received the assent of the President of India on January 3, 2018 and subsequently published in the Gazette of India. MCA has notified that 9th Feb’ 2018 is the date on which a number of sections of Companies (Amendment) Act, 2017 shall come into force.

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The Companies (Amendment) Act, 2017 which was passed by the Lok Sabha on July 27, 2017 and by the Rajya Sabha on December 19, 2017, has received the assent of the President of India on January 3, 2018 and subsequently published in the Gazette of India. MCA has notified that 9th Feb’ 2018 is the date on which a number of sections of Companies (Amendment)...

The nation-wide e-way bill system is set to be introduced from February 1, 2018. With this, the e-way bill system will be mandatory for all inter-state transactions. Additionally, many State Governments also plan make it applicable on intra-state transactions from February 1, 2018 itself (15 States as per last GST council meeting).

Commercial contracts today are just no more a plain signed paper of clauses. They have become a strategic part of today’s competitive business where most of the transactions are governed by thoroughly drafted and interpreted agreements. Reviewing, drafting and negotiating contracts are one of the most important and tedious aspects for today’s legal professionals. Business...

One of the most common sources of public funding is Initial Public Offerings (IPOs) for companies looking for capital for expansion and other strategic goals. They also serve as a hot exit option for Private Equity Investors. In last 2 years the Indian capital markets have performed very well making way for a host of IPOs for companies looking for raising capital and giving...

One of the most common sources of public funding is Initial Public Offerings (IPOs) for companies looking for capital for expansion and other strategic goals. They also serve as a hot exit option for Private Equity Investors. In last 2 years the Indian capital markets have performed very well making way for a host of IPOs for companies looking for raising capital and giving exits to their...

Business contracts today are just no more a plain signed paper of clauses. They have become a strategic part of today’s competitive business where most of the transactions are governed by thoroughly drafted and interpreted agreements. Reviewing, drafting and negotiating contracts are one of the most important and tedious aspects for today’s legal professionals....

Business contracts today are just no more a plain signed paper of clauses. They have become a strategic part of today’s competitive business where most of the transactions are governed by thoroughly drafted and interpreted agreements. Reviewing, drafting and negotiating contracts are one of the most important and tedious aspects for today’s legal...

India is one of the largest markets for medical devices in the world which is largely dominated by imported products. The domestic companies are largely involved in manufacturing consumables and low-end products for local and as well as international consumption. The Government in order to promote research, development and manufacturing of medical devices in India have taken steps like permitting 100% FDI in...

India is one of the largest markets for medical devices in the world which is largely dominated by imported products. The domestic companies are largely involved in manufacturing consumables and low-end products for local and as well as international consumption. The Government in order to promote research, development and manufacturing of medical devices in India have taken steps like...

GST is the largest tax reform India has ever seen. Moving from multicplicty of taxes to a one tax one market scenario has no doubt broogh a lot of simplification in the realm of Indirect Taxation in India. However owing the its hasty and hurried implementation, the not so full preparation of of the Government, The Technology backbone GSTN and Tax Administration as a whole is...

GST is the largest tax reform India has ever seen. Moving from multicplicty of taxes to a one tax one market scenario has no doubt broogh a lot of simplification in the realm of Indirect Taxation in India. However owing the its hasty and hurried implementation, the not so full preparation of of the Government, The Technology backbone GSTN and Tax Administration as a whole is...

GST is the largest tax reform India has ever seen. Moving from multicplicty of taxes to a one tax one market scenario has no doubt broogh a lot of simplification in the realm of Indirect Taxation in India. However owing the its hasty and hurried implementation, the not so full preparation of of the Government, The Technology backbone GSTN and Tax Administration...

GST is the largest tax reform India has ever seen. Moving from multicplicty of taxes to a one tax one market scenario has no doubt broogh a lot of simplification in the realm of Indirect Taxation in India. However owing the its hasty and hurried implementation, the not so full preparation of of the Government, The Technology backbone GSTN and Tax Administration as a whole is...

With the arrival of GST in India and the economy is going to witness a rapid acceleration in growth and banks are also flush with funds. These all situations make the inorganic route of growth a favourable option for Indian companies and they shall be more open to acquisitions. The first quarter of 2017 has witnessed a host of M&A Deals and the sentiments are further improving with...

With the arrival of GST in India and the economy is going to witness a rapid acceleration in growth and banks are also flush with funds. These all situations make the inorganic route of growth a favourable option for Indian companies and they shall be more open to acquisitions. The first quarter of 2017 has witnessed a host of M&A Deals and the sentiments are further improving...

Internal Audit today is just no more a function of cross check overs of the accounts of a company. Today internal audit as a function has evolved into an indispensable control tool in the hands of the management to effectively and efficiently run the show. It has come up a long way in becoming a strategic business partner to the organization in evaluating the...

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