Living with the times

At NovoJuris Legal, we believe sharing is caring and strive to share our research outputs relevant to the enterprises, founders, lawyers and knowledge professionals.

Regulatory Updates

Articles

ESOP vesting: Can it be paused during maternity leave?

Employee Stock Option Schemes (“ESOPs”) are structured by companies such that the employees are granted options which is a right that vests over a period of time. Upon vesting the employee can ‘exercise’ and shares are allotted by the company

By Sharda Balaji over 5 years ago
Results of the Second Intercollegiate Competition on Data Protection - The New Frontier

The results of the "Second Intercollegiate Competition on Data Protection - The New Frontier" are out. The Essay competition was devised with the intent of apprising law students with the regulatory developments in the field of data protection. We are

By Sharda Balaji over 5 years ago
COMPANY SECRETARIES – THE PROFESSION AND BEYOND

Introduction The word ‘secretary’ has originated from the Latin word ‘secretarius’ which means a person who is entrusted with a secret. In the corporate world, a Company Secretary is a person whom every Board member value and when correlated with

By Sharda Balaji over 5 years ago
The vulnerability of Medical Devices and Medical Institutions in the age of IoT and Connected Networks

Medical devices have taken quantum leaps in terms of their functionality, intelligence and precision in the last decade or so. Improved design, better and cheaper production materials, and the inclusion of more sophisticated software have all contributed to this improvement

By Sharda Balaji over 5 years ago
Externalization: Flipping the holding company outside of India

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

By Sharda Balaji over 5 years ago
Ecommerce in India: The Saga Continues

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,

By Sharda Balaji over 5 years ago
Territorial Applicability of GDPR

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

MI

By Manas Ingle over 5 years ago
Draft E-commerce Policy: The dawn of a new beginning

Data is the basic building block of everything we are trying to do in this age of Industry 4.0. Data is a valuable resource for any individual, corporation or the Government. Data can be used for analytical, statistical, business, security

By NovoJuris over 5 years ago
Synopsis of Amendments made to the Companies Act, 2013 in the year 2019 and allied Action Points

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

By Ashwin Bhat over 5 years ago
DPIIT registered Start-ups to get relief from Angel Tax. Recognition of Start-ups becomes easier

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

AS

By Avaneesh Satyang over 5 years ago
Proposal cleared for DPIIT registered Start-up to get exemption from Angel Tax, definition of Start-ups widened

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

By Sharda Balaji over 5 years ago
Issuance of Convertible Notes in India

The definition of a ‘convertible note’ first came in through a notification dated 29 June 2016 that amended the Companies (Acceptance of Deposits) Rules, 2014 (the “Rules”). A convertible note is defined under the Rules as an instrument evidencing receipt

PA

By Paul Albert over 5 years ago