Self regulated organizations for payment system operators 10 nov2020 from Novojuris Introduction With the massive growth witnessed in India, in the digital payment ecosystem, there has arisen a need for having a framework for regulation for digital payments.
Background Alternative investment funds (AIFs) are governed by Securities and Exchange Board of India (SEBI) under the SEBI (Alternative Investment Funds) Regulations, 2012 (‘AIF Regulations'). Prior to 2012, AIFs were governed by the SEBI (Venture Capital Funds) Regulations, 1996. With
Considering the representations made by various stakeholders, the Registrar of Companies, exercising their power granted under section 96(1) of the Companies Act, 2013, has issued an order, thereby extending the time to hold the Annual General Meeting for the financial
Start ups and MSMEs: Registration and Advantages features of Atmanirbhar package from Novojuris Start Ups: Definition and criteria Tenure: A private limited company, a registered partnership or a limited liability partnership in India is considered a startup up to
Convertible Notes - India: Issuance, Conversion, Taxation etc from NovoJuris Legal Concept To encourage and boost the highly volatile Start-up culture in India, the Govt. of India issued Consolidated FDI Policy in 2017. The thrust of the policy
The Indian Government has issued the Telemedicine Practice Guidelines (Guidelines) for enabling the Registered Medical Practitioners (RMPs) to provide health care services using the various telecommunication and digital communication technologies. RMP is defined to mean a person who is enrolled
Gift is a transfer of movable or immovable property from one person to another without consideration. Shares of an Indian company or of a company incorporated outside India can be gifted to another person (relative or otherwise) by following certain
The Covid situation has struck an adverse blow on many businesses big and small. It certainly is an unforeseen challenge for many companies, specially startups. This is a third part of the blog series on closing a business. Our Series
The Covid situation has presented unprecedented challenges to businesses big and small. It has also struck a fatal blow to some of the young startups. In our previous Series I of the blog we covered steps involved in summary procedure
The COVID-19 pandemic situation is challenging the economies of the world, including an impact on large and small businesses. Despite the many relaxations granted by the Government of India and various State Governments, the impact on businesses is high. While
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