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Regulatory Updates

Articles

India conserving its forex

Reserve Bank of India has today announced following measures to aim at rationalizing the Foreign Exchange outflows by Resident Indians. a) Reduced the limit for Overseas Direct Investment under automatic route from 400% of the net worth of an Indian Party to 100% of its net

By Sharda Balaji about 10 years ago
Confused about ESOP versus Sweat Equity versus Shares against services?

Founders have this question and here is a comparative: ESOP AND TAX IMPACT An Employee Stock Option Plan (ESOP) is an option given to the employees to buy the shares of the Company. Until the option is exercised and converts

By Sharda Balaji over 10 years ago
Deal structuring with the startup tax

The Finance Act 2012 brought in an amendment to tax the share premium which is above the fair value of investment by the resident angel investors and not proven satisfactorily to the tax assessing officer. This amendment is effective 1

By Sharda Balaji over 10 years ago
India Budget 2013-14 : Impact on Angel Investors and Startups

We had shared this note privately to many of the angels and startups who are raising investment. And then, quite a few interesting conversations emerged. Sharing here for the larger audience. Here’s the link to the Budget Speech http://indiabudget.nic.in/bspeecha.asp. The references

By Sharda Balaji over 10 years ago
IMPACT OF THE BUDGET 2012-13 ON THE PRIVATE EQUITY SECTOR

With an attempt to take the country closer to Direct Tax Code (DTC) the Budget proposed for the year 2012-13 has a bearing effect on every strata of society. The Budget has posed a large impact on the private equity

By Sharda Balaji over 11 years ago
Legal Issues in E-commerce - Part 1 of the series

E-commerce has picked up in India and how ! We love when a young e-com business gives a large traditional organization a run, whose competitive advantage is just being big. Over three posts we plan to present some of the

By Sharda Balaji almost 12 years ago
Legal Issues in E-Commerce - Part 2 of the series

In the previous post (http://novojuris.wordpress.com/2012/01/12/legal-issues-in-e-commerce-part-1-of-the-series/) we provided a glimpse, that based on the specific nature of business, there are various legislations that an e-com business has to comply with. This post examines some of the ‘core’ legal issues relevant to nature

By Sharda Balaji almost 12 years ago
Legal Issues in E-Commerce - Part 3 of the series

In the earlier posts, Part 1 and 2, we examined a few legal issues related to the business side of e-commerce and conducting business electronically. In this post, we are detailing some of typical questions that e-commerce businesses ask us.

By Sharda Balaji almost 12 years ago
ESOP to employees outside India – Part V of the Series

We’re probably making the startup founder an expert on ESOPs :). Startups who work with us understand our obsession of making them a success. In this post, we’ll discuss about legal aspects of ESOP to employees of the Indian company based

By Sharda Balaji almost 12 years ago
VC Funding and treatment of ESOP – Part IV of the Series

This is the fourth part of the Series on ESOP. We’ll discuss about how Venture Funds view Employee Stock Option Plan (ESOP). Almost always VC’s investment is on a fully-diluted-basis (FDB for short). FDB means the number of shares that

By Sharda Balaji almost 12 years ago
De-mystifying ESOP Implementation – Part III of the series

It is nice to have you come back for more. In this post, we’ll cover the nuances for implementing an Employee Stock Option Plan (ESOP) through a Trust (formed under the Indian Trusts Act) This is a little complex compared

By Sharda Balaji almost 12 years ago
De-mystifying ESOP Implementation – Part II of the series.

The previous post covered the Basic Primer on Employee Stock Option Plan (ESOP/ Plan) In this post, we’re going to chart out a clear ‘How To’ process for Startups. Most startups know about ESOP Trust. May be, because amongst the

By Sharda Balaji almost 12 years ago