Innovation in healthcare, medical technology, bio technology, pharmaceuticals, diagnostics, hospital management and many other sectors in health care are seeing tremendous innovations across the world. India is drawing attention from such innovators who are viewing India as a large market,
Secretarial Standards, now mandatory under the Companies Act, 2013 provides for various matters which follows from the provisions of the Companies Act. The Standards to be followed for Meetings of the Board of Directors is detailed in this slidedeck below.
Oppression is defined as 'when affairs of the company are being conducted in a manner prejudicial to public interest or in a manner oppressive to any member or members'. The following are some activities that could be construed as Oppressive
With the introduction of Goods and Service Tax regime, the GST Identification Number would be used for purposes of (i) credit flow of IGST on import of goods, and (ii) refund or rebate of IGST related to export of goods.
The Government of Maharashtra (the Authority) vide circular no. 4/2017 dated 14 June 2017 has clarified the terms used within the definition of Carpet Area. Section 2k of the Regulation defines Carpet Area as net usable floor area of an
After releasing the draft version of the above Rules on 20 April 2017, and getting feedback and comments from the general public on the same, the Ministry of Labour and Employment has released and notified the revised rules. The following
On 1 June 2017, the Telecom Regulatory Authority of India (“TRAI”) issued the above-mentioned Consultation Paper. TRAI has recognised that with the growing popularity and usage of wireless broadband connections (including those on mobile devices), the number and frequency of
On 13 June 2017, the Ministry of Electronics and Information Technology (“MEITY”) released the following two sets of best practices for programmers/coders, to ensure that they maintain security and safety in any application developed by them: Sources: The Checklist for
The Ministry of Corporate Affairs has notified 5 June 2015 exempting private limited companies from the provisions of the Companies Act 2013 (the Act). The gist of the said notification is as below: Section 2(40)- Financial Statements: Start-ups (only those
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