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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.

  • Regulatory Updates: Ministry of Corporate Affair - the “Companies (Registered Valuer’s and Valuation) Amendment Rules, 2018.

    Regulatory Updates: Ministry of Corporate Affair - the “Companies (Registered Valuer’s and Valuation) Amendment Rules, 2018.

    MCA vide its notification dated 9 February 2018 has notified the “Companies (Registered Valuer’s and Valuation) Amendment Rules, 2018“, to amend Rule 11 on “Transitional Arrangement”, i.e. persons rendering valuation services. According to the provisions of these rules, any person

  • Regulatory Update: Ministry of Corporate Affairs - Companies (Authorized to Register) Amendment Rules, 2018.

    Regulatory Update: Ministry of Corporate Affairs - Companies (Authorized to Register) Amendment Rules, 2018.

    The MCA vide its notification dated 16 February 2018 has amended the Companies (Authorised to Register) Rules, 2014 and notified the Companies (Authorised to Register) Amendment Rules, 2018, substituting form no. URC-1 (Application by a Company for registration under Section 366 i.e, Conversion from firm into Company and

  • Regulatory Update: MCA - Companies (Management And Administration) Amendment Rules, 2018

    Regulatory Update: MCA - Companies (Management And Administration) Amendment Rules, 2018

    The MCA vide its notification dated 16 February 2018 has amended the Companies (Management and Administration) Rules, 2014 and notified the Companies (Management and Administration) Amendment Rules, 2018, to substitute/ amend the prescribed forms MGT-6 (Return to the Registrar in respect of declaration under section 89 received by

  • Regulatory Updates: MCA - Companies (Audit and Auditors) Amendment Rules, 2018

    Regulatory Updates: MCA - Companies (Audit and Auditors) Amendment Rules, 2018

    The MCA vide its notification dated 16 February 2018 has notified the Companies (Audit and Auditors) Amendment Rules, 2018, to substitute/ amend the prescribed Forms ADT-1 (Notice to the Registrar by Company for appointment of Auditor) and ADT-2 (Application for removal of auditor(s) from

  • Regulatory Update: MCA - Companies (Accounts) Amendment Rules, 2018

    Regulatory Update: MCA - Companies (Accounts) Amendment Rules, 2018

    MCA vide its notification dated 27 February 2018 has amended the Companies (Accounts) Rules 2014 and notified the Companies (Accounts) Amendments Rules 2018. The Companies (Accounts) Amendment Rules, 2018 (“Amendment Rule”), inserts a new proviso under Rule 10 of the

  • REGULATORY UPDATE - MINISTRY OF CORPORATE AFFAIRS -

    REGULATORY UPDATE - MINISTRY OF CORPORATE AFFAIRS -

     MCA vide its notification dated 20 January 2018 has amended the Companies (Incorporation) Rules 2014 and the Companies (Registration Offices and Fees) Rules 2014 notified the Companies (Incorporation) Amendment Rules 2018 and the Companies (Registration Offices and Fees) Amendment Rules

  • REGULATORY UPDATE: MINISTRY OF WOMEN AND CHILD DEVELOPMENT-INTRODUCTION OF SHE BOX.

    REGULATORY UPDATE: MINISTRY OF WOMEN AND CHILD DEVELOPMENT-INTRODUCTION OF SHE BOX.

    The Ministry of Women and Child Development vide a press release dated 7th November, 2017 launched “She Box 1”. Highlights: This is an online complaint management system for women working both in public and private sectors for reporting of sexual

  • AMENDMENT TO CONTRACT LABOUR (REGULATION AND ABOLITION) ACT, 1970

    AMENDMENT TO CONTRACT LABOUR (REGULATION AND ABOLITION) ACT, 1970

    REGULATORY UPDATE: MINISTRY OF LABOUR AND EMPLOYMENT-AMENDMENT TO CONTRACT LABOUR (REGULATION AND ABOLITION) ACT, 1970. The Ministry of Labour and Employment vide notification dated 29th September, 2017 has proposed to amend the Contract Labour (Regulation and Abolition) Act, 1970 by

  • REGULATORY UPDATE: MINISTRY OF LABOUR AND EMPLOYMENT-PAYMENT OF WAGES OF CONTRACTUAL WORKERS IN BANK ACCOUNTS

    REGULATORY UPDATE: MINISTRY OF LABOUR AND EMPLOYMENT-PAYMENT OF WAGES OF CONTRACTUAL WORKERS IN BANK ACCOUNTS

    The Ministry of Labor and Employment vide notification dated 5th September, 2017 amended Rule 69 of the Contract Labor (Regulation and Abolition) Central Rules, 1971. Highlights: Wages to workmen can also be made via payment in their bank accounts, in

  • REGULATORY UPDATE: MINISTRY OF LABOR AND EMPLOYMENT-RATIONALIZATION – EASING FILINGS FOR EMPLOYERS.

    REGULATORY UPDATE: MINISTRY OF LABOR AND EMPLOYMENT-RATIONALIZATION – EASING FILINGS FOR EMPLOYERS.

    The Ministry of Labor and Employment vide a notification dated 27th October, 2017 made certain amendments to the Rationalization of Forms and Reports under Certain Labor Laws Rules, 2017. Highlights: The employer (required to file Form XIV under various Acts

  • REGULATORY UPDATE: MINISTRY OF LABOR AND EMPLOYMENT-AMENDMENT TO MATERNITY BENEFIT ACT, 1961.

    REGULATORY UPDATE: MINISTRY OF LABOR AND EMPLOYMENT-AMENDMENT TO MATERNITY BENEFIT ACT, 1961.

    The Ministry of Labour and Employment vide its order dated 17th November, 2017 amended the Maternity Benefit Act, 1961. Highlights: It is mandatory for an establishment to provide for crèche facilities where more than 50 or more employees are being

  • REGULATORY UPDATE: MINISTRY OF LABOUR AND EMPLOYMENT-PAYMENT OF GRATUITY (AMENDMENT) BILL, 2017.

    REGULATORY UPDATE: MINISTRY OF LABOUR AND EMPLOYMENT-PAYMENT OF GRATUITY (AMENDMENT) BILL, 2017.

    The Ministry of Labour and Employment vide its notification dated 18th December proposes to amend certain provisions of the Payment Gratuity Act, 1972. The bill has been introduced in the Lok Sabha. Highlights: Removal of the maximum amount of gratuity

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