We have seen a steady increase in the number of companies, especially tech and tech-enabled companies set up their entities outside of India. More often than not, the reasons are better valuations, ability to raise larger investments, large customer base
India, for many centuries, has been known for trading, establishing the Silk-route, Spice-route. With tech advancement, e-commerce (ecom) has created a new world order, “Ecom route”. Ask any FMCG company, behemoth or small, on Amazon’s disruption on their sales. Ecom,
In July, 2018 and then subsequently on 24th October, 2018 the Information Commissioner’s Office, United Kingdom (“ICO”) took its first General Data Protection Regulation (“GDPR”) enforcement action against a data controller located outside the European Union (EU) against Aggregate IQ
The Ministry of Corporate Affairs (the MCA) in the month of January & February 2019 has issued the following amendments notification under the Companies Act 2013 (the Act): (a) Changes in Companies (Significant Beneficial Owners) Rules 2018 to identify individuals/entities
The Department for Promotion of Industry and Internal Trade (DPIIT) vide its press release dated 19 February 2019 has shared that the Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu has cleared a proposal for simplifying the process
The Department for Promotion of Industry and Internal Trade (DPIIT) vide its press release dated 19 February 2019 (Gazette notification is awaited) has shared that the Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu has cleared a proposal
Netflix, Hotstar, Jio, and six other online video on demand service providers have adopted a voluntary self-regulation code for their content in India. The Internet and Mobile Association of India, a not-for-profit industry body coordinated among the aforementioned video on
This article was first published by IAAFI - Indian Association of Alternative Investment Funds A side letter is a document or a letter that is ancillary to another existing contract. In investment world, Side letter would mean something over and
The question of taxability on conversion of compulsorily convertible preference shares (CCPS) has come up for consideration quite a few times in the recent past. There seemed to be ambiguity regarding whether an event of conversion amounts to ‘transfer’ under
The capital table is a reflection of the shareholding pattern of a company, shareholder names, percentage of shareholding. This shareholding should ideally reflect the voting percentage in the company. But does it? What if the ESOP percentage has to be
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.
