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  • MAURITIUS - REGULATIONS FOR VIRTUAL ASSETS AND TOKEN OFFERINGS

    MAURITIUS - REGULATIONS FOR VIRTUAL ASSETS AND TOKEN OFFERINGS

    The Virtual Asset & Initial Token Offering Services Act 2021 (“Act”) is the enactment to govern virtual asset service providers and issuance of token offerings. The Act came into force from 7 February 2022. The Objective The Act aims at

    NovoJuris
    By NovoJuris over 2 years ago
  • Opting out option from Provident fund scheme (Employee)

    Opting out option from Provident fund scheme (Employee)

      Provident fund is a social security scheme governed under the Employee’s Provident fund Act, 1952 (“Act”)   Applies to any organisation with 20 or more employees and the employer has an obligation to maintain a provident fund account

    NovoJuris
    By NovoJuris over 2 years ago
  • Dilution of Trademark- Spotify wins over Potify!

    Dilution of Trademark- Spotify wins over Potify!

    On January 11, the U.S. Patent and Trademark Office’s (USPTO’s) Trademark Trial and Appeal Board (TTAB) had issued a precedential decision finding dilution by blurring and sustaining oppositions filed by Spotify AB against marijuana-related trademark applications. Spotify has crushed far

    NovoJuris
    By NovoJuris over 2 years ago
  • TRANSMISSION OF SHARES

    TRANSMISSION OF SHARES

    Transmission of shares is a process by operation of law whereunder the Shares are registered in a Company in the name of deceased person or an insolvent person are registered in the name of his legal heirs by the

    NovoJuris
    By NovoJuris over 2 years ago
  • ONLINE GAMES OF SKILL: A CENTRAL LEGISLATION IS THE URGENT NEED OF THE HOUR

    ONLINE GAMES OF SKILL: A CENTRAL LEGISLATION IS THE URGENT NEED OF THE HOUR

       Online Gaming scenario in India  During the current IPL season, online fantasy gaming is booming in India. The online gaming industry is a billion-dollar industry in India and is expected to grow even further. India is one of the

    NovoJuris
    By NovoJuris over 2 years ago
  • FAQ's on Other Service Provider

    FAQ's on Other Service Provider

    FAQs -Other Service Provider Q1. What is Other Service Provider? The New Telecom Policy (“NTP”), 1999 introduced the category of “Other Service Provider” (“OSP”) as one of the telecom services. The services provided by OSP include telebanking, tele-trading, telemedicine, e-commerce,

    NovoJuris
    By NovoJuris over 2 years ago
  • Cosmetic Rules, 2020

    Cosmetic Rules, 2020

    The Ministry of Health and Family Welfare (“MoHFW”), via notification dated December 15,2020, had notified the Cosmetic Rules, 2020 (“Rules”) under the provisions of Drugs and Cosmetics Act, 1940. The Rules have been framed after due consultation with Drugs Technical

    NovoJuris
    By NovoJuris over 2 years ago
  • ASCI Guidelines on Crypto, Non-Fungible Tokens

    ASCI Guidelines on Crypto, Non-Fungible Tokens

    India's Union Budget of 2022 mentioned the terminology "Virtual Digital Assets" (VDAs). VDAs are a superset for all computerized resources being executed on the blockchain, for example cryptos, non-fungible tokens (NFTs), or other virtual asset. Both cryptocurrencies and NFTs are

    NovoJuris
    By NovoJuris over 2 years ago
  • Drone Regulations

    Drone Regulations

    With the onset of pandemic that took over the world this year, people have been forced to stay inside their homes, as a result of which e-commerce business has grown and gained immense popularity these days. The competition has forced

    NovoJuris
    By NovoJuris over 2 years ago
  • Drone Rules 2021

    Drone Rules 2021

    The Ministry of Civil Aviation (MoCA) has replaced the UAS Rules, 2021 with the Drone Rules, 2021(Drone Rules). The UAS Rules were perceived as being restrictive in nature due to grueling paperwork, along with seeking permission for every drone flight

    NovoJuris
    By NovoJuris over 2 years ago
  • Annual Report Filing under POSH Act

    Annual Report Filing under POSH Act

    The Prevention of Sexual Harassment Act, 2013 ("POSH Act") mandates an Annual Report ("Annual Report") that is to be filed annually by an Organisation to the relevant district authority. The dates of the filing differ from state to state between

    NovoJuris
    By NovoJuris over 2 years ago
  • Government all set to introduce Crypto Bill in the Parliament that will ban private cryptocurrency and enable RBI to issue official digital currency for the country

    Government all set to introduce Crypto Bill in the Parliament that will ban private cryptocurrency and enable RBI to issue official digital currency for the country

    The Lok Sabha, through its Bulletin dated 23 November 2021, has listed ‘The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021’ among 26 other items of legislation that will taken up for consideration in the parliament, in its winter

    NovoJuris
    By NovoJuris over 2 years ago
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