Living with the times

A lawyer who is not up to date with the current legal and regulatory updates is nothing short of dangerous. Therefore, at NovoJuris Legal, we strive to stay current. We are also strong believers of growth of knowledge through sharing. These articles and blogs help us share our research with the world, so that no one has to reinvent the wheel yet again.

  • Income Tax clearance: M &A or secondary transactions

    Income Tax clearance: M &A or secondary transactions

    Obtaining a no objection certificate or prior permission under section 281 of Income Tax Act, 1961 (Section 281 Certificate) is a mandatory ‘conditions precedent’ in a merger, acquisition or a secondary transaction. A general disdain is the time it takes

    Sharda Balaji
    By Sharda Balaji over 1 year ago
  • Differential Voting Rights: Helping Tech Companies to an easy climb up the mountain of entrepreneurship

    Differential Voting Rights: Helping Tech Companies to an easy climb up the mountain of entrepreneurship

    There is a common and a convenient rule of one vote - one share practised by most of the companies. This rule is generally referred to as voting rights on ordinary shares. However, when there is a requirement to deviate

    Sharda Balaji
    By Sharda Balaji over 1 year ago
  • An Overview of the Labour Welfare Fund Rules in India

    An Overview of the Labour Welfare Fund Rules in India

    NovoJuris Legal through the presentation available at our SlideShare page analyses the various labour welfare fund rules in India. A short background is provided herein: There are 16 States and Union Territories which have enacted or adopted the Labour Welfare

    Sharda Balaji
    By Sharda Balaji over 1 year ago
  • Mooting the utility of Representations & Warranties Insurance Policies in exit deals for a PE and VC Investor

    Mooting the utility of Representations & Warranties Insurance Policies in exit deals for a PE and VC Investor

    M&As and Investment transactions have been growing rapidly in India and there is no doubt that in such transactions allocating the risk of a breach is extremely important. In the recent past, we are witnessing detailed indemnification clauses including the

    Sharda Balaji
    By Sharda Balaji over 1 year ago
  • Opportunities and Challenges for AIFs in India’s first IFSC, GIFT City, Gujarat.

    Opportunities and Challenges for AIFs in India’s first IFSC, GIFT City, Gujarat.

    We are pleased to share with you an article that our Founder Sharda Balaji along with our Associate Avaneesh Satyang contributed to the 2nd volume, Issue 2 of the KNOWLEDGEex Magazine released by Indian Association of Alternative Investment Funds (IAAIF).

    Sharda Balaji
    By Sharda Balaji over 1 year ago
  • Advisors in Start-ups and Early Stage Companies

    Advisors in Start-ups and Early Stage Companies

    India is witnessing a high growth in the number of start-ups in the country and is also amongst the top start-up ecosystems in the world. The government has provided a few benefits to startups as well, through the Startup India

    PA
    By Paul Albert over 1 year ago
  • Regulatory Display Requirement for an establishment under Labour Laws of India

    Regulatory Display Requirement for an establishment under Labour Laws of India

    Indian labour laws require certain notices to be displayed on their notice boards in order to educate its employees as well as visitors to the establishment. These display requirements are mandated to be in English as well as the local

    Sharda Balaji
    By Sharda Balaji over 1 year ago
  • Pharma Giants' tussle over weight loss medicine: Analysis of EISAI v. Dr. Reddy's

    Pharma Giants' tussle over weight loss medicine: Analysis of EISAI v. Dr. Reddy's

    EISAI Co. Ltd along with the patentee (“Plaintiffs”) have instituted a suit for permanent injunction against Satish Reddy and others (“Defendants”) for restraining the Defendants from manufacturing, selling, distributing, exporting or offering for sale any product that infringes the Plaintiff’s

    AM
    By Anuj Maharana over 1 year ago
  • Analysis of Section 396 of the Companies Act, 1956 in the light of NSEL merger order.

    Analysis of Section 396 of the Companies Act, 1956 in the light of NSEL merger order.

    Section 396 of the Companies Act 1956 (‘the Erstwhile Act’) (i.e. Section 237 of the Companies Act 2013) gives power to the Central Government to order "forced amalgamation" of two companies if it is satisfied that it is essential in

    AP
    By Asis Panda over 1 year ago
  • Simplified process of Incorporation & Commercial registrations

    Simplified process of Incorporation & Commercial registrations

    Introduction The Ministry of Corporate Affairs (MCA) had notified the Companies (Incorporation) Third Amendment Rules, 2019[1] on 29 March 2019 which introduced the e-form INC-35 [Application for Goods and services tax Identification number, employees state Insurance corporation registration pLus Employees

    AD
    By Alivia Das over 1 year ago
  • ANALYSIS OF THE TIK-TOK ORDER

    ANALYSIS OF THE TIK-TOK ORDER

    The Madras High Court delved into an important issue related to protecting children’s privacy in the context of web-based applications such as Tik-Tok, published by Bytedance (India) Technology Private Limited (“Company”). The petitioner contended that the app was “degrading culture”,

    SS
    By Spandan Saxena over 1 year ago
  • Valuation for issuance of shares: Which method to choose?

    Valuation for issuance of shares: Which method to choose?

    Determining the fair market value (FMV) of unquoted shares may prove to be challenging for companies owing to choose the valuation method. There have been multiple rulings by the Income Tax Appellate Tribunal (the “ITAT”) wherein the methodology adopted by

    AD
    By Alivia Das over 1 year ago
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