Optimists See Silver Lining on the Flipside of Pandemic
Covid-19 might have put the world in a miserable spot, but optimists have already spotted light even when the tunnel is yet to be crossed. Back home, the deadly coronavirus pandemic has, in a way, given a shot in the arm to Prime Minister Narendra Modi’s vision of Digital India that had been struggling to […]
Changes notified for Foreign Direct Investment
On 17th April, 2020, Press Note 3 was released by the Department for Promotion of Industry and Internal Trade (DPIIT). Press Note 3 of 2020 revised the following earlier position: A non-resident entity could invest in India, subject to the FDI policy except the sectors/activities which were prohibited. A citizen of Bangladesh or an entity […]
Company law compliances adapting to these virtual times!
Between May 13-16, 2020, the Finance Minister announced a slew of relief measures to fight through these difficult times. COVID-19 has made it difficult for companies to adhere to existing compliance measures. Hence, the government has extended deadlines of many of these compliances (tax returns can now be filed till November 30, 2019). Some compliances […]
India is on a path of reform
India is on a path of reform and the corporate law sector is not untouched from this spirit. The first tranche of the relief package announced by the Finance Minister was focused on bringing up the MSME/startup sector. There were also positive takeaways for companies in terms of tax concessions and concessions in labour laws. […]
Impact Of COVID-19 On Litigation & Arbitration
The world is facing an unprecedented challenge due to the Coronavirus disease (“COVID-19”). Amongst other things, the COVID-19 has also impacted the functioning of the courts and the arbitral institutions. Through this article, I intend to cover the changes introduced by the Indian Courts and the Arbitral institutions in India. COVID- 19: Courts in India […]
COVID-19: Whether Companies can see it as a silver lining?
Caution is appropriate. Preparedness is appropriate. Panic is not. US Surgeon General Dr. Jerome Adams The coronavirus (also known as COVID – 19) has affected more than 196 countries and territories and has shook the global economy severely. The UN Conference on Trade and Development (UNCTAD) has estimated the economic impact of COVID-19 at a […]
The measures of the Indian IP Office in wake of COVID-19 outbreak
The outbreak of COVID -19 has created uncertainties around the world and no sphere of our lives seems to be unscathed. The governments, international organizations and private establishments are taking measures to curb COVID-19. In India, the government of India has directed everyone to adhere social distancing and has imposed a nationwide lock-down for 21 […]
The story of distinction between seat and venue
The Courts exercise supervisory jurisdiction over the arbitration proceedings. This supervision is limited to granting interim measures, appointment of arbitrator, assistance in evidence taking and setting aside of the arbitral award. We need to analyse whether the Indian courts have justified their limited role, or whether they have been interventionist. In this newsletter, we cover […]
Maharashtra IT / ITES Policy 2015
Maharashtra announced its first Information Technology Policy in 1998, which was followed by the Information Technology and Information Technology Enabled Services (IT/ITES) Policy-2003 and IT/ITES Policy-2009, to give a boost to the growth of the Information Technology sector and thereby generate employment and improve the quality of life. As a result of experiences gained from […]
Splitting of top roles deadline postponed, provides resurgence to India Inc.
A surge of relief washed over India Inc. as the Markets regulator Security Exchange Board of India (SEBI) deferred by two years to April 2022 (through a gazette notification published on January 13, 2020) its directive for listed companies to split the roles of chairman and managing director in view of demand from corporates, and […]
