Living with the times

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.

  • MCA's Fresh Start Scheme- an opportunity for  defaulting companies

    MCA's Fresh Start Scheme- an opportunity for defaulting companies

    In the wake of COVID - 19, the Ministry of Corporate Affairs has provided a one-time opportunity to companies and LLPs to complete pending compliances, by filing necessary documents in the MCA-21 registry without being subject to additional fees due

    NovoJuris
    By NovoJuris 6 months ago
  • MINISTRY OF CORPORATE AFFAIRS: NOTIFICATION OF COMPANIES (APPOINTMENT AND QUALIFICATION OF DIRECTORS) SECOND AMENDMENT RULES 2018

    MINISTRY OF CORPORATE AFFAIRS: NOTIFICATION OF COMPANIES (APPOINTMENT AND QUALIFICATION OF DIRECTORS) SECOND AMENDMENT RULES 2018

    The MCA vide its notification dated 7 May 2018 has amended Companies (Appointment and Qualification of Directors) Rules 2014 by Companies (Appointment and Qualification of Directors) Second Amendment Rules 2018 expanding the scope of qualifications of independent directors. Rule 5

  • 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: MCA ISSUED NOTICE INVITING COMMENTS/SUGGESTIONS ON INTEGRATION OF NAME RESERVATION WITH SPICE E-FORM UNDER COMPANIES ACT, 2013

    REGULATORY UPDATE: MCA ISSUED NOTICE INVITING COMMENTS/SUGGESTIONS ON INTEGRATION OF NAME RESERVATION WITH SPICE E-FORM UNDER COMPANIES ACT, 2013

    The MCA in view of simplifying the process of name reservation for the Companies, it has issued the Consultation Paper on the integration of Name reservation with SPICE e-form under the Companies Act, 2013. In this regard, it has invited

  • Clarifications on appointment of Independent Directors under Companies Act, 2013.

    Clarifications on appointment of Independent Directors under Companies Act, 2013.

    With some open questions left on appointment of independent directors under the new Act, Ministry of Corporate Affairs has issued some clarifications on representations being made to it from various Industry Chambers, Professional Institutes. The clarifications are as follows: Pecuniary

    Sharda Balaji
    By Sharda Balaji about 6 years ago
  • Issue of sweat equity shares for a private company - Companies Act, 2013.

    Issue of sweat equity shares for a private company - Companies Act, 2013.

    Issue of sweat equity shares for a private company used to be regulated by Section 79A and Unlisted Companies (Issue of Sweat Equity Shares) Rules, 2003 under Companies Act, 1956. Now the same is regulated by Section 54 and Chapter

    Sharda Balaji
    By Sharda Balaji about 6 years ago
  • Checklist of applicable sections for a private limited company, under the new Companies Act, 2013

    Checklist of applicable sections for a private limited company, under the new Companies Act, 2013

    Checklist of applicable sections for a private limited company, under the new Companies Act, 2013. [slideshare id=32538988&sc=no] Author : Geetika Chandel – a Company Secretary; manages Compliances at NovoJuris. She loves making graffitis. Disclaimer: This is not a legal opinion

    Sharda Balaji
    By Sharda Balaji over 6 years ago
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