· AIF Regulations were amended to introduce a framework for accredited investors in August 2021 via the SEBI (Alternative Investment Funds) (Third Amendment) Regulations, 2012. · Investors into AIF (other than Angel Funds) have to bring in Rs. 1 crore
CERT-In Directions The Computer Emergency Response Team (“CERT-In”) has notified new directions dated 28th April 2022, under sub-section (6) of section 70B of the Information Technology Act, 2000 relating to information security practices, procedure, prevention, response and reporting of cyber
The Department of Telecommunication (DoT), in February 2022, issued guidelines for registration of machine-to-machine (M2M) service providers and WPAN/WLAN Connectivity Provider for M2M Services (“Guidelines”). The guidelines can be accessed here. As per the Guidelines, the companies providing M2M services
The Virtual Asset & Initial Token Offering Services Act 2021 (“Act”) is the enactment to govern virtual asset service providers and issuance of token offerings. The Act came into force from 7 February 2022. The Objective The Act aims at
On January 11, the U.S. Patent and Trademark Office’s (USPTO’s) Trademark Trial and Appeal Board (TTAB) had issued a precedential decision finding dilution by blurring and sustaining oppositions filed by Spotify AB against marijuana-related trademark applications. Spotify has crushed far
Online Gaming scenario in India During the current IPL season, online fantasy gaming is booming in India. The online gaming industry is a billion-dollar industry in India and is expected to grow even further. India is one of the
FAQs -Other Service Provider Q1. What is Other Service Provider? The New Telecom Policy (“NTP”), 1999 introduced the category of “Other Service Provider” (“OSP”) as one of the telecom services. The services provided by OSP include telebanking, tele-trading, telemedicine, e-commerce,
India's Union Budget of 2022 mentioned the terminology "Virtual Digital Assets" (VDAs). VDAs are a superset for all computerized resources being executed on the blockchain, for example cryptos, non-fungible tokens (NFTs), or other virtual asset. Both cryptocurrencies and NFTs are
Contact us for more information about our services and how we can help
ContactAs per the rules of the Bar Council of India, we are not permitted to advertise or solicit work. By accessing and browsing through this website, all users agree and acknowledge that the content of this website is for informational purposes only and that there has been no form of solicitation, advertisement or inducement by NovoJuris Legal or its members, in any form. No information provided on this website should be construed as legal advice and NovoJuris Legal shall not be liable for consequences of any action taken by relying on the information provided on this website.
