The Department of Industrial Policy and Promotion (DIPP) on 5 September 2016, issued an Office Memorandum clarifying that internet broadcasting companies come under the purview of a broadcasting organization under section 31 D of Copyrights Act, 1957. Accordingly, such internet
In order to take forward and accelerate the agenda of the “Ease of Doing Business” and “Make in India”, the Commercial Courts, Commercial Division and Commercial Appellate Division of the High Court’s Act, 2015 (the “Act”) has been promulgated, which
On August 17, 2016, the President gave his assent to The Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016 (the Act). The Act was introduced in Parliament by the Finance Minister on the
With the ability to modify the guidelines quick and fast, Companies Act has become dynamic. On 19 July 2016, the Ministry of Corporate Affairs notified the Companies (Share Capital and Debentures) Third Amendment Rules 2016 (Amendment) to amend certain provisions
In our earlier post we had talked about the government providing certification to 20 private organizations, including Nasscom and iSprit, as Incubatorsto issue recommendation letters to Startups under the Start-up India Action Plan (“Action Plan”) and benefits to startups. Startups
The government has certified 20 private organizations, including Nasscom and iSprit, as incubators under the Start-up India Action Plan (“Action Plan”). The Action Plan is a part of a flagship initiative of the government of India, intended to build a
Real Estate (Regulation and Development) Act 2016, came into force from 1 May 2016. The short summary of the Act is to protect the buyers. Any commercial or residential real estate project over 500 square meters or 8 apartments should
With enhancing ease of doing business in India as its mantra, several measurers have been taken in the recent times to enhance the attractiveness of India as a business destination. The much anticipated amendments to the Indian arbitration law is
Company Law 1) National Company Law Tribunal (NCLT) constituted with effect from 1 June 2016: Much awaited NCLT has been constituted, initially, with the aim to set up 11 NCLT benches across New Delhi, Ahmedabad, Allahabad, Bengaluru, Chandigarh, Chennai, Gauhati,
The SEBI (Alternative Investment Funds) Regulations, 2012, is fairly new. There has been unprecedented number of deals in 2015 and quite a heavy interest even in early stage angel investments as well. Deal-making hit an all-time high with 1,375 deals
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