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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.

  • CCI amends provisions relating to informants requesting inquiry in to certain agreements or dominant position of enterprise

    CCI amends provisions relating to informants requesting inquiry in to certain agreements or dominant position of enterprise

    Competition Commission of India (“CCI”) vide Gazette Notification dated 20 November 2019, amended the Competition Commission of India (General) Regulations, 2009 relating to informants, as follows: A new clause 10(2)(da) is inserted to provide details of any dispute between the

  • Notification of IBC sections for insolvency resolution and bankruptcy of individuals and partnership firms effective from December 1, 2019

    Notification of IBC sections for insolvency resolution and bankruptcy of individuals and partnership firms effective from December 1, 2019

    Insolvency and Bankruptcy Board of India (“IBBI”) vide Gazette Notification No. S.O. 4126 (E) dated 15 November 2019, notified the effective date as 1st December 2019, for the following sections of the Insolvency and Bankruptcy Code, 2016 (“IBC”): Section Details

  • MCA amends the limits for board approval of related party transactions

    MCA amends the limits for board approval of related party transactions

    Ministry of Corporate Affairs (“MCA”) vide Gazette Notification No. G.S.R. 857 (E) dated 18 November 2019, amended Rule 15(3)(a) of the Companies (Meetings of Board and its Powers) Rules, 2014 per below table: Previous Position Present Position Board approval for

  • Notification of Regulations for Insolvency process for Personal Guarantors to Corporate Debtors, effective from December 1, 2019

    Notification of Regulations for Insolvency process for Personal Guarantors to Corporate Debtors, effective from December 1, 2019

    Insolvency and Bankruptcy Board of India (“IBBI”) vide Gazette Notification dated November 20, 2019, notified the Insolvency and Bankruptcy Board of India (Insolvency Process for Personal Guarantors to Corporate Debtors) Regulations, 2019, inter-alia, providing below compliance: Appointment of resolution profession

  • Notification of Regulations for Bankruptcy Trustee for Personal Guarantors to Corporate Debtors, effective from December 1, 2019  

    Notification of Regulations for Bankruptcy Trustee for Personal Guarantors to Corporate Debtors, effective from December 1, 2019  

    Insolvency and Bankruptcy Board of India (“IBBI”) vide Gazette Notification dated November 20, 2019, notified the Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019, inter-alia, providing below compliance: Appointment of insolvency professional

  • Maharashtra Factories Rules Amendment on Sanitary Napkins

    Maharashtra Factories Rules Amendment on Sanitary Napkins

    Maharashtra Labour Department vide Notification dated October 1, 2019 has notified the Maharashtra Factories (Amendment) Rules, 2019 by addition of two clauses in Rule 45 of the Maharashtra Factories Rules, 1963, mandating employers to maintain adequate quantity of sanitary napkins

  • Notification of Karnataka State on Rights of Persons with Disabilities Rules, 2019

    Notification of Karnataka State on Rights of Persons with Disabilities Rules, 2019

    The Karnataka Government vide Gazette Notification dated September 5, 2019, notified the Karnataka State Rights of Persons with Disabilities Rules, 2019 framed under the Rights of Persons with Disabilities Act, 2016, by repealing the Persons with Disabilities (Equal Opportunities, Protection

  • Draft Amendment to Geographical Indications of Goods (Registration and Protection) Rules, 2002

    Draft Amendment to Geographical Indications of Goods (Registration and Protection) Rules, 2002

    Ministry of Commerce and Industry vide Gazette Notification No.G.S.R. 645(E) dated September 12, 2019, notified the draft Geographical Indications of Goods (Registration and Protection) (Amendment) Rules, 2019, inviting objections from public. Inter-alia, the amendment proposes to shorten the procedure of

  • Amendment of Patent Rules, 2003 with emphasis on a Start-up

    Amendment of Patent Rules, 2003 with emphasis on a Start-up

    Ministry of Commerce and Industry vide Gazette Notification No.G.S.R. 663(E) dated September 17, 2019, notified the Patents (Amendment) Rules, 2019, effective from the date of notification in the gazette.  Inter-alia, the amendment abolishes the requirement of filing original documents after

  • Amendment of Apprenticeship Rules, 1992 to mandate engagement of apprentices by certain establishments

    Amendment of Apprenticeship Rules, 1992 to mandate engagement of apprentices by certain establishments

    Ministry of Skill Development and Entrepreneurship vide Gazette Notification No.G.S.R.686 (E) dated September 25, 2019, notified the Apprenticeship (Amendment) Rules, 2019 with, inter-alia, below changes: 7 (seven) definition clauses are inserted, which includes ‘degree apprentice’, and 'fresher apprentice’ The period

  • Cabinet to consider relaxing FDI norms to attract Overseas Investment

    Cabinet to consider relaxing FDI norms to attract Overseas Investment

    Foreign Direct Investment (FDI) is major driver of growth and development of the economy of the country. With this intent, the Government of India has time and again come up with investor friendly reforms under FDI regulations to have more

  • Extension of Order Permitting Telangana Shops & IT/ITES to remain open on all days of the year

    Extension of Order Permitting Telangana Shops & IT/ITES to remain open on all days of the year

    Government of Telangana vide Government Order (G.O.) No.24 dated July 25, 2019[1], extended the permissions to all Shops and Establishments to keep open on all days of the year for a period of three (3) years till June 15, 2022

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