Living with the times

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Regulatory Updates

Articles

Adoption of Indian Accounting Standards (Ind – AS)

The Ministry of Corporate Affairs (‘MCA’) has notified the mandatory adoption of Indian Accounting Standards (Ind-AS) by all companies other than Insurance Companies, Banking companies and Non-Banking Finance companies. The roadmap of this pilot project is launched by the MCA

By Sharda Balaji over 8 years ago
NovoJuris is India's fifth best for Private Equity

For the year 2014, Venture Intelligence ranks NovoJuris as India's fifth most active legal counselors in Private Equity. Many thanks from the NovoJuris Team, it wouldn't have been possible without you!

By Sharda Balaji over 8 years ago
Crowd-funding, Take One

Photo Credit: reidhoffman.org Technology startups are finding it a tad easier to get funded with the many sources of funding and the fact that VCs are more active than before. We are also witnessing that the valuations are improving

By Sharda Balaji over 8 years ago
Web-crawling: Legal Issues

Photo Credit: www.theallineed.com In the era of Big Data, the repository of information which exists online and growing everyday is essential to building intelligent tools which can map and analyse the wealth of data available. Most developers rely on

By Sharda Balaji almost 9 years ago
CARRYING OUT CSR ACTIVITIES THROUGH A THIRD PARTY

The Companies Act, 2013 makes it compulsory for a company with an annual income of INR 1000 crores, or a net worth of INR 500 crores, or net profit of INR 5 crores to spend at least 2% of the

By Sharda Balaji almost 9 years ago
E-Wallets and Mobile Wallets

What are mobile wallets? The widespread use of smart phones and mobile technologies has gradually begun to affect not only our use of products and services, but also how we pay for them. What we are witnessing is the beginning

By Sharda Balaji about 9 years ago
Starting or expanding business to USA

If you want to start business in USA or any country outside of India, there are quite a few India side of the regulatory requirements that requires your attention. Overseas Direct Investment (ODI) is governed by Reserve Bank of India

By Sharda Balaji about 9 years ago
Use of Funds - Private Equity

In private equity deals, investors would like their investment to be used for business of the company and usually do not like it to be used for reimbursement of pending founders’ salaries or repayment of loans and the like. Shareholders

By Sharda Balaji about 9 years ago
Right to be forgotten: Legal Validity and Practical Challenges

Background In 2010, a Spaniard, Mario Costeja González approached the Spanish Data Protection Agency with a complaint against Google and a local newspaper. A Google search of his name led to an auction notice of his repossessed home on the

By Sharda Balaji about 9 years ago
Expanding Business Abroad: India-USA- Singapore

The Indian start-up entrepreneurs dream has become much bigger and ambitious. The territorial jurisdictions don’t count and the compliances are but boring. If the entrepreneurs are looking at doing business in US and Singapore and want to know how the

By Sharda Balaji over 9 years ago
Budget 2014 - Reasons to Cheer...

Some of our top takes: Cheer to Startups: Rs.10,000 crore set up for venture capital in the MSME sector, for providing equity, quasi equity, soft loans and other risk capital. The earlier promise by the government was Rs.5,000 crore fund,

By Sharda Balaji over 9 years ago
KBase - The Quarterly Newsletter from NovoJuris, June 2014

Business Gateway – Israel and India By Sharda Balaji, Founder, NovoJuris This May 2014, I attended the Israel Innovation Conference, at Tel Aviv, an event focused on Bio-Med and Hi-Tech. Having experienced Israel’s innovation capabilities from close quarters, from working with

By Sharda Balaji over 9 years ago