"Atmanirbhar" means self sufficient or self-independent The Micro, Small and Medium Enterprise (MSME) sector plays an important role in India’s economy by making significant contribution to manufacturing output, creating employment, exports and especially by providing inclusive growth in the
Section 53 of the Insolvency and Bankruptcy Code, 2016 (“IBC”) provides for the order of priority in which the proceeds from the sale of liquidation assets is to be distributed. The Section includes workmen due and the amounts payable to
Millions of pieces of space debris litter the space, be it defunct satellites (average lifespan of a satellite is 5-8 years) or the intentional destruction of satellites through anti-satellite missile testing (ASAT) demonstrated successfully by United States (US), Russia, China,
The Ministry of Corporate Affairs has amended the Companies Act 2013 vide the Companies (Amendment) Act, 2019 (the “Amendment Act”) notified on 31 July 2019. The Amendment Act takes into account the amendments that were already notified in the Companies
In India, we do not have one specific statute which covers the legal framework for product liability claims. Product Liability prior to the Consumer Protection Act, 2019 Prior to the Consumer Protection Act, 2019 (“New Act”) there was no specific
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
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
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
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