Foreign investment in India is governed by the Consolidated FDI Policy (“FDI Policy”), the Foreign Exchange and Management Act, 1999 (“FEMA”) and related rules and regulations. Reporting Requirements A company receiving Foreign Director Investment (FDI) is required to intimate RBI
RBI & Foreign Exchange Management Act a.) External Commercial Borrowings (ECB) by Registered Startups Reserve Bank of India (RBI) on 27 October 2016 vide AP (DIR Series) Circular No. 13 permits Registered Startups (details here) to raise external commercial borrowings (ECBs)
For nurturing knowledge based and technology driven ideas and innovations into successful Start-ups, the Innovation & Entrepreneurship Division, Department of Science & Technology (“DST”), Government of India developed an umbrella programme called National Initiative for Developing and Harnessing Innovations (“NIDHI”).
Company Law Ministry of Corporate Affairs has notified Companies (Mediation and Conciliation) Rules, 2016. The Rules provides details of eligibility, qualifications for empanelling experts as mediators or conciliators. It is believed that the time limit for completion or mediation or
Flying a drone, unmanned aircraft (UA), is gaining high traction for both utility and benefit. As we started researching, there are many countries who do not have information, excepting countries like US, Japan, Germany, Australia and a few more. While
There are numerous licenses and registrations for operating a warehouse. With the new economy of sharing warehouse space, it becomes essential to ensure compliances of both the operator and the depositor of the goods. Below is a checklist, listing the
Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 came into force from December 2013. Earlier, we had written a brief about the Act, constitution of the Internal Complaints Committee (ICC). In this presentation, we are capturing the compliances
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
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