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Regulatory Updates

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Facebook acquires Whatapp for $19 Billion

We would like to share a post by Aswath Damodaran on - Facebook buys Whatsapp for $19 billion: Value and Pricing Perspectives. And here's why - The metrics that Aswath has shared, tickles the thinking pattern of early stage investors and valuers at the

By Sharda Balaji over 10 years ago
A short note on the FDI in MSEs

A Micro & Small Enterprise, in terms of MSMED Act, 2006 can now go ahead and issue shares or convertible debentures to a person resident outside India (PROI), exceeding 24% of its paid -up capital. The only conditions which need

By Sharda Balaji over 10 years ago
Clarification - On Applicability of Sec 185 of CA 2013

MCA vide its General Circular No. 03/2014 (read here) has issued clarification on the applicability of Section 185 of Companies Act, 2013 and Section 372A of Companies Act, 1956. The clarification is with respect to giving of guarantee or security

By Sharda Balaji over 10 years ago
DEMYSTIFYING INVESTMENT TERMSHEETS FOR STARTUPS

[slideshare id=29464519&sc=no] Disclaimer: This is not a legal opinion and should not be construed as one. Please speak with your attorney for any advice.

By Sharda Balaji over 10 years ago
REVISED FORMAT FOR THE AUDITOR'S REPORT

A company’s auditor is required to report on the accounts of branch office, if the same have been audited by a person other than the company’s auditor, according to section 227(3)(bb) of Companies Act, 1956. The section requires the company’s

By Sharda Balaji over 10 years ago
NOVOJURIS IS INDIA'S NUMBER 1 IN EARLY STAGE INVESTMENTS

We are delighted to report that Venture Intelligence has ranked NovoJuris at number 3, amongst the most active legal counsellors in India, in Private Equity. We were ranked 6th last year. To access the league table, click here. A further analysis

By Sharda Balaji over 10 years ago
PAN Allotment Process Change - CBDT

The procedure for PAN allotment process will undergo a change. The Central Board for Direct Taxes (CBDT) has provided this vide press release dated 24.01.2014 which is attached herewith ( click here to view). The main features of this press release

By Sharda Balaji over 10 years ago
BOARD MEETINGS & DIRECTORS - COMPANIES ACT 2013

[slideshare id=30610863&sc=no] Author : Geetika Chandel – a Company Secretary; manages Compliances at NovoJuris. She loves making graffitis. Disclaimer : This is not a legal opinion and should not be construed as one. Please speak with your attorney for any advice.

By Sharda Balaji over 10 years ago
ONE PERSON COMPANY - A New Concept introduced in the Companies Act, 2013

In this article, we will be focusing on the features of One Person Company (OPC) or One Man Company. This is a new concept introduced in the Companies Act 2013 (“Act”) and is set to promote entrepreneurship. Minimum member - 1

By Sharda Balaji over 10 years ago
Service Tax | E-book | 2014 | 8th Edition - by Pritam Mahure

We are pleased to share this immensely comprehensive guide e-book on Service Tax, put together by Pritam Mahure. The e-book contains: - Amended legal provisions alongwith recent judicial precedences - Forewords by Shri V K Garg (Ex-Joint Secretary, TRU) -

By Sharda Balaji over 10 years ago
AUDIT & AUDITORS - COMPANIES ACT 2013

A company’s auditor is required to report on the accounts of branch office, if the same have been audited by a person other than the company’s auditor, according to section 227(3)(bb) of Companies Act, 1956. The section requires the company’s

By Sharda Balaji over 10 years ago
NEW CONCEPTS INTRODUCED IN THE COMPANIES ACT, 2013

[slideshare id=29767560&sc=no] Disclaimer : This is not a legal opinion and should not be construed as one. Please speak with your attorney for any advice.

By Sharda Balaji over 10 years ago