Living with the times

A lawyer who is not up to date with the current legal and regulatory updates is nothing short of dangerous. Therefore, at NovoJuris Legal, we strive to stay current. We are also strong believers of growth of knowledge through sharing. These articles and blogs help us share our research with the world, so that no one has to reinvent the wheel yet again.

  • Covid 19:  Relief Measures to small businesses in India.  Atmanirbhar Bharat Abhiyan.

    Covid 19:  Relief Measures to small businesses in India. Atmanirbhar Bharat Abhiyan.

    "Atmanirbhar" means self sufficient or self-independent   The Micro, Small and Medium Enterprise (MSME) sector plays an important role in India’s economy by making significant contribution to manufacturing output, creating employment, exports and especially by providing inclusive growth in the

    Sharda Balaji
    By Sharda Balaji 1 day ago
  • Workmen dues under the Employees Provident Fund Act and the Insolvency Code   

    Workmen dues under the Employees Provident Fund Act and the Insolvency Code  

    Section 53 of the Insolvency and Bankruptcy Code, 2016 (“IBC”) provides for the order of priority in which the proceeds from the sale of liquidation assets is to be distributed. The Section includes workmen due and the amounts payable to

    Sharda Balaji
    By Sharda Balaji 23 minutes ago
  • Copyright issues in Audio Books

    Copyright issues in Audio Books

    Authors of original work in any form have copyright protection and audiobooks are no exception to this. Section 17 of the Copyright Act, 1957 sets out that the author or creator of work is the first owner of copyright. Copyright

    Sharda Balaji
    By Sharda Balaji 4 months ago
  • Space: Liabilities in India and other countries

    Space: Liabilities in India and other countries

    Millions of pieces of space debris litter the space, be it defunct satellites (average lifespan of a satellite is 5-8 years) or the intentional destruction of satellites through anti-satellite missile testing (ASAT) demonstrated successfully by United States (US), Russia, China,

    Sharda Balaji
    By Sharda Balaji 6 months ago
  • Valuation of shares: Choosing the Valuer

    Valuation of shares: Choosing the Valuer

    Valuation in early stage companies should be market driven, as in, there is an investor willing to invest and a company which is primed to grow. The discussion between them should be the guiding factor. However, this point is highly

    Sharda Balaji
    By Sharda Balaji 6 months ago
  • Highlights of the Companies Amendment Act, 2019

    Highlights of the Companies Amendment Act, 2019

    The Ministry of Corporate Affairs has amended the Companies Act 2013 vide the Companies (Amendment) Act, 2019 (the “Amendment Act”) notified on 31 July 2019. The Amendment Act takes into account the amendments that were already notified in the Companies

    Sharda Balaji
    By Sharda Balaji 7 months ago
  • Product Liability vis-a -vis the Consumer Protection Act, 2019

    Product Liability vis-a -vis the Consumer Protection Act, 2019

    In India, we do not have one specific statute which covers the legal framework for product liability claims. Product Liability prior to the Consumer Protection Act, 2019 Prior to the Consumer Protection Act, 2019 (“New Act”) there was no specific

    Sharda Balaji
    By Sharda Balaji 7 months ago
  • Economic Downturn : Double impact for MSMEs

    Economic Downturn : Double impact for MSMEs

    The news paper articles are talking about an impending economic downturn. The automobile industry is witnessing it already and so are many other sectors feeling the heat. A downturn means not only a reduction in revenues and squeezed profits, but

    Sharda Balaji
    By Sharda Balaji 7 months ago
  • Income Tax clearance: M &A or secondary transactions

    Income Tax clearance: M &A or secondary transactions

    Obtaining a no objection certificate or prior permission under section 281 of Income Tax Act, 1961 (Section 281 Certificate) is a mandatory ‘conditions precedent’ in a merger, acquisition or a secondary transaction. A general disdain is the time it takes

    Sharda Balaji
    By Sharda Balaji 8 months ago
  • Differential Voting Rights: Helping Tech Companies to an easy climb up the mountain of entrepreneurship

    Differential Voting Rights: Helping Tech Companies to an easy climb up the mountain of entrepreneurship

    There is a common and a convenient rule of one vote - one share practised by most of the companies. This rule is generally referred to as voting rights on ordinary shares. However, when there is a requirement to deviate

    Sharda Balaji
    By Sharda Balaji 9 months ago
  • An Overview of the Labour Welfare Fund Rules in India

    An Overview of the Labour Welfare Fund Rules in India

    NovoJuris Legal through the presentation available at our SlideShare page analyses the various labour welfare fund rules in India. A short background is provided herein: There are 16 States and Union Territories which have enacted or adopted the Labour Welfare

    Sharda Balaji
    By Sharda Balaji 9 months ago
  • Mooting the utility of Representations & Warranties Insurance Policies in exit deals for a PE and VC Investor

    Mooting the utility of Representations & Warranties Insurance Policies in exit deals for a PE and VC Investor

    M&As and Investment transactions have been growing rapidly in India and there is no doubt that in such transactions allocating the risk of a breach is extremely important. In the recent past, we are witnessing detailed indemnification clauses including the

    Sharda Balaji
    By Sharda Balaji 9 months ago
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