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.

  • Extension of due date of Annual General Meetings

    Extension of due date of Annual General Meetings

    Considering the representations made by various stakeholders, the Registrar of Companies, exercising their power granted under section 96(1) of the Companies Act, 2013, has issued an order, thereby extending the time to hold the Annual General Meeting for the financial

    NovoJuris
    By NovoJuris about 2 hours ago
  • Start ups and MSMEs: Registration and Advantages features of Atma Nirbhar package

    Start ups and MSMEs: Registration and Advantages features of Atma Nirbhar package

    Start ups and MSMEs: Registration and Advantages features of Atmanirbhar package from Novojuris Start Ups: Definition and criteria Tenure: A private limited company, a registered partnership or a limited liability partnership in India is considered a startup up to

    NovoJuris
    By NovoJuris about 1 month ago
  • Convertible Notes - India: Issuance, Conversion, Taxation

    Convertible Notes - India: Issuance, Conversion, Taxation

    Convertible Notes - India: Issuance, Conversion, Taxation etc from NovoJuris Legal   Concept To encourage and boost the highly volatile Start-up culture in India, the Govt. of India issued Consolidated FDI Policy in 2017. The thrust of the policy

    NovoJuris
    By NovoJuris 2 months ago
  • Telemedicine Practice Guidelines: New Vistas

    Telemedicine Practice Guidelines: New Vistas

    The Indian Government has issued the Telemedicine Practice Guidelines (Guidelines) for enabling the Registered Medical Practitioners (RMPs) to provide health care services using the various telecommunication and digital communication technologies. RMP is defined to mean a person who is enrolled

    NovoJuris
    By NovoJuris 3 months ago
  • Gifting of Shares and Securities - Residents / Non-Residents

    Gifting of Shares and Securities - Residents / Non-Residents

    Gift is a transfer of movable or immovable property from one person to another without consideration. Shares of an Indian company or of a company incorporated outside India can be gifted to another person (relative or otherwise) by following certain

    NovoJuris
    By NovoJuris 3 months ago
  • Modes of closing a business - Series IV: Voluntary Winding-up

    Modes of closing a business - Series IV: Voluntary Winding-up

    This is the last post in the four part blog series. It takes long time to shut down a company in India. The procedural aspects are long and there can be delays in these processes. Further, ensuring that the many

    NovoJuris
    By NovoJuris 3 months ago
  • Modes of closing a business - Series III: Obtaining status of Dormant by a Company

    Modes of closing a business - Series III: Obtaining status of Dormant by a Company

    The Covid situation has struck an adverse blow on many businesses big and small. It certainly is an unforeseen challenge for many companies, specially startups. This is a third part of the blog series on closing a business. Our Series

    NovoJuris
    By NovoJuris 30 days ago
  • Modes of closing a business Series II: Striking Off of the name of the Company by the Registrar of Companies

    Modes of closing a business Series II: Striking Off of the name of the Company by the Registrar of Companies

    The Covid situation has presented unprecedented challenges to businesses big and small. It has also struck a fatal blow to some of the young startups. In our previous Series I of the blog we covered steps involved in summary procedure

    NovoJuris
    By NovoJuris 3 months ago
  • Modes of closing a business - Series I: Summary procedure of liquidation

    Modes of closing a business - Series I: Summary procedure of liquidation

    The COVID-19 pandemic situation is challenging the economies of the world, including an impact on large and small businesses. Despite the many relaxations granted by the Government of India and various State Governments, the impact on businesses is high. While

    NovoJuris
    By NovoJuris about 1 month ago
  • Remuneration to India Fund Manager of Offshore Funds

    Remuneration to India Fund Manager of Offshore Funds

    Pursuant to the recent notification by the Central Board of Direct Taxes (“CBDT”), there has been an amendment to the income tax rules in relation to the minimum remuneration payable by an offshore fund to its India based fund manager (“Fund

    Sharda Balaji
    By Sharda Balaji 24 days ago
  • 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 about 1 month 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 about 1 month ago
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