The Companies Act 2013 (the ‘Act’) has brought in new provisions for responsible conduct of businesses. And one such new provision is the concept of Corporate Social Responsibility (CSR) activities. Earlier, CSR was voluntary. Now, there are provisions included in
Recently RBI liberalized the procedure relating to payments for exports/imports, through circular (A.P. (DIR Series) Circular No.70) dated November 8th 2013 (‘Circular’), allowing third party payments for exports and import transactions. Earlier, payment for exports was to be received from
Recently, SEBI vide its Circular dated October 24, 2013 (“Circular”), allowed listing of specified securities of small and medium enterprises (“SME”) which do not have their securities listed on any recognized stock exchange, exclusively on the institutional trading platform (“ITP”),
[slideshare id=30031123&sc=no] This article pertains to the compliance requirements at the shareholder meetings in terms of calling for meeting, the quorum requirements, the manner of conducting the meetings including the annual compliance with the registrar of companies. The analysis seeks
The Karnataka Government recently announced various fiscal and non-fiscal incentives to give an impetus to Information Technology (IT) and Bio-Technology (BT) industries in the State. In order to enable identification of eligible units so that these incentives can be applied
We covered interesting tips on negotiating the ‘commercials’ of a termsheeet - http://novojuris.wordpress.com/2013/08/27/term-sheets-negotiation-and-tips-part-1/ and http://novojuris.wordpress.com/2013/09/03/term-sheets-negotiation-and-tips-part-2/. Negotiating commercial aspects of the termsheet is kind of expected unlike ‘controls’ (please see Part I of this series). Most investors would give a standard response of ‘style of investment’
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