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.

  • Differential Voting Rights: Helping Tech Companies to an easy climb up the mountain of entrepreneurship

    Differential Voting Rights: Helping Tech Companies to an easy climb up the mountain of entrepreneurship

    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

    Sharda Balaji
    By Sharda Balaji about 1 year ago
  • New BEN-2 Form for declaration of Beneficial Owners

    New BEN-2 Form for declaration of Beneficial Owners

    Ministry of Corporate Affairs (“MCA”) vide Notification dated July 1, 2019, amended the Companies (Significant Beneficial Owners) Rules, 2018 by substitution of the existing Form BEN-2 for declaration of Beneficial Owners through the Companies (Significant Beneficial Owners) Second Amendment Rules,

  • Advisors in Start-ups and Early Stage Companies

    Advisors in Start-ups and Early Stage Companies

    India is witnessing a high growth in the number of start-ups in the country and is also amongst the top start-up ecosystems in the world. The government has provided a few benefits to startups as well, through the Startup India

    PA
    By Paul Albert about 1 year ago
  • Simplified process of Incorporation & Commercial registrations

    Simplified process of Incorporation & Commercial registrations

    Introduction The Ministry of Corporate Affairs (MCA) had notified the Companies (Incorporation) Third Amendment Rules, 2019[1] on 29 March 2019 which introduced the e-form INC-35 [Application for Goods and services tax Identification number, employees state Insurance corporation registration pLus Employees

    AD
    By Alivia Das about 1 year ago
  • Changes in Eligibility Criteria for Class Action Application

    Changes in Eligibility Criteria for Class Action Application

    The Ministry of Corporate Affairs (“MCA”) on 08 May 2019 amended the National Company law Tribunal Rules, 2016, (“Rules”) which will streamline the provisions of Rule 84 of the said Rules (i.e. Right to apply under the Companies Act in

  • Extension of due date for filing ACTIVE form

    Extension of due date for filing ACTIVE form

    On 21 February 2019, the Ministry of Corporate Affairs (the MCA) had mandated all companies incorporated prior to 31 December 2017, to file Active Company Tagging Identities and Verification (Form INC 22A Active) on or before 25 April 2019. However,

  • Post-Merger Corporate Governance

    Post-Merger Corporate Governance

    Corporate governance is an important aspect for the success and growth of any organisation. A well-structured corporate governance regime becomes even more important post a merger (strategic or otherwise). It might prove to be especially beneficial in the smooth transition

    PA
    By Paul Albert over 1 year ago
  • Issuance of Equity and Preference Shares with Differential Rights and Variation of Rights

    Issuance of Equity and Preference Shares with Differential Rights and Variation of Rights

    Background The term differential rights with respect to shares can be interpreted to mean the existence of rights different in nature than the rights that are inherently associated with ordinary shares. The holder of these shares has rights which are

    Sharda Balaji
    By Sharda Balaji about 2 years ago
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