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.

  • ASCI Guidelines on Crypto, Non-Fungible Tokens

    ASCI Guidelines on Crypto, Non-Fungible Tokens

    India's Union Budget of 2022 mentioned the terminology "Virtual Digital Assets" (VDAs). VDAs are a superset for all computerized resources being executed on the blockchain, for example cryptos, non-fungible tokens (NFTs), or other virtual asset. Both cryptocurrencies and NFTs are

    NovoJuris
    By NovoJuris 2 months ago
  • Drone Regulations

    Drone Regulations

    With the onset of pandemic that took over the world this year, people have been forced to stay inside their homes, as a result of which e-commerce business has grown and gained immense popularity these days. The competition has forced

    NovoJuris
    By NovoJuris 2 months ago
  • Drone Rules 2021

    Drone Rules 2021

    The Ministry of Civil Aviation (MoCA) has replaced the UAS Rules, 2021 with the Drone Rules, 2021(Drone Rules). The UAS Rules were perceived as being restrictive in nature due to grueling paperwork, along with seeking permission for every drone flight

    NovoJuris
    By NovoJuris 2 months ago
  • Annual Report Filing under POSH Act

    Annual Report Filing under POSH Act

    The Prevention of Sexual Harassment Act, 2013 ("POSH Act") mandates an Annual Report ("Annual Report") that is to be filed annually by an Organisation to the relevant district authority. The dates of the filing differ from state to state between

    NovoJuris
    By NovoJuris 3 months ago
  • Government all set to introduce Crypto Bill in the Parliament that will ban private cryptocurrency and enable RBI to issue official digital currency for the country

    Government all set to introduce Crypto Bill in the Parliament that will ban private cryptocurrency and enable RBI to issue official digital currency for the country

    The Lok Sabha, through its Bulletin dated 23 November 2021, has listed ‘The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021’ among 26 other items of legislation that will taken up for consideration in the parliament, in its winter

    NovoJuris
    By NovoJuris 6 months ago
  • Compounding of Contraventions under the Foreign Exchange Management Act,1999

    Compounding of Contraventions under the Foreign Exchange Management Act,1999

    Introduction Contravention is a breach or non-compliance of the provisions of Foreign Exchange Management Act (“Act”), 1999, and the rules, regulations, notifications, orders or circulars or directions made thereunder. The Reserve Bank of India (“RBI”) has been empowered by the

    Sharda Balaji
    By Sharda Balaji about 1 year ago
  • SEBI’S proposal to simplify listing of startups

    SEBI’S proposal to simplify listing of startups

    In view of the evolving start-up ecosystem in the country, and with the objective of making the Innovators Growth Platform (IGP) more accessible and attractive for easier listing by start-ups and provide faster liquidity and exit options to the Investors

    NovoJuris
    By NovoJuris over 1 year ago
  • Guidelines on Advertisements for Online Gaming

    Guidelines on Advertisements for Online Gaming

    1.  Introduction The Advertising Standard Council of India (“ASCI”) via press release dated November 24, 2020 has issued Guidelines for Online Gaming for Real Money Winnings (“Guidelines”) which have become effective from December 15,2020 onwards. Pursuant to this, the Ministry

    NovoJuris
    By NovoJuris over 1 year ago
  • Data Empowerment and Protection Architecture – DEPA- A draft framework

    Data Empowerment and Protection Architecture – DEPA- A draft framework

    1.  Introduction 1.1 The National Institution for Transforming India (“NITI Aayog”), in August 2020, had released a draft framework on Data Empowerment and Protection Architecture (“DEPA/Draft Framework”). DEPA is aimed at empowering people to have a seamless and secure access

    Sharda Balaji
    By Sharda Balaji over 1 year ago
  • Economic Substance Regulations-UAE

    Economic Substance Regulations-UAE

    Background Economic substance is a requirement under tax laws, under which the transaction must have both a substantial purpose and an economic effect aside from the tax effect in order to be considered valid. These regulations are targeted at jurisdictions

    Sharda Balaji
    By Sharda Balaji over 1 year ago
  • Self Regulatory Organization for Payment System Operators

    Self Regulatory Organization for Payment System Operators

    Self regulated organizations for payment system operators 10 nov2020  from  Novojuris   Introduction With the massive growth witnessed in India, in the digital payment ecosystem, there has arisen a need for having a framework for regulation for digital payments.

    NovoJuris
    By NovoJuris over 1 year ago
  • Key changes notified by SEBI impacting Alternate Investment Funds in India

    Key changes notified by SEBI impacting Alternate Investment Funds in India

    Background Alternative investment funds (AIFs) are governed by Securities and Exchange Board of India (SEBI) under the SEBI (Alternative Investment Funds) Regulations, 2012 (‘AIF Regulations'). Prior to 2012, AIFs were governed by the SEBI (Venture Capital Funds) Regulations, 1996. With

    Sharda Balaji
    By Sharda Balaji over 1 year ago
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