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.

  • Resolution Framework for COVID-19 related stress – Financial Parameters

    Resolution Framework for COVID-19 related stress – Financial Parameters

    The Reserve Bank of India on September 7, 2020, released the K V Kamath-led Committee report, which had recommended financial parameters to be factored within the resolution plans under the ‘Resolution Framework for Covid19-related Stress’ alongside sector-specific benchmark ranges for

  • Extension of due date of Annual General Meetings

    Extension of due date of Annual General Meetings

    Considering the representations made by various stakeholders, the Registrar of Companies, exercising their power granted under section 96(1) of the Companies Act, 2013, has issued an order, thereby extending the time to hold the Annual General Meeting for the financial

    NovoJuris
    By NovoJuris about 2 hours ago
  • Penalties due to non-submission of Annual / Half-Yearly returns by food businesses in previous years during COVID-19 pandemic period has been waived off

    Penalties due to non-submission of Annual / Half-Yearly returns by food businesses in previous years during COVID-19 pandemic period has been waived off

    The department of FSSAI on 24th August 2020 has decided not to count the period of 22nd March 2020 to 31st December 2020 for collection of penalties under clause 2.1.13 (3) of FSS (Licensing and Registration of Food Business) Regulation,

  • Penalties due to non-submission of Annual / Half-Yearly returns by food businesses in previous years during COVID-19 pandemic period has been waived off

    Penalties due to non-submission of Annual / Half-Yearly returns by food businesses in previous years during COVID-19 pandemic period has been waived off

    The department of FSSAI on 24th August 2020 has decided not to count the period of 22nd March 2020 to 31st December 2020 for collection of penalties under clause 2.1.13 (3) of FSS (Licensing and Registration of Food Business) Regulation,

  • Amendment to Corporate Social Responsibility Policy Rules

    Amendment to Corporate Social Responsibility Policy Rules

    Ministry of Corporate Affairs (“MCA”) vide its notification number G.S.R. 526(E) dated 24 August 2020 has notified Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020 (the “Amended Rules”) in order to keep Companies (Corporate Social Responsibility Policy) Rules, 2014 (the

  • Virtual Board and Shareholder Meetings

    Virtual Board and Shareholder Meetings

    In view of the lockdown situation, travel restrictions and social distancing norms prevailing in the country due to COVID pandemic, the Ministry of Corporate Affairs (“MCA”) has allowed companies to conduct their meetings, both of the directors and members through

  • Covid 19:  Relief Measures to small businesses in India.  Atmanirbhar Bharat Abhiyan.

    Covid 19:  Relief Measures to small businesses in India. Atmanirbhar Bharat Abhiyan.

    "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

    Sharda Balaji
    By Sharda Balaji about 1 month ago
  • Execution of contracts during lockdown and work-from-home

    Execution of contracts during lockdown and work-from-home

    Execution of contracts during lockdown and work-from-home For the containment of the pandemic in India, Ministry of Home Affairs had to impose lock-down on a national level. This has severely and adversely impacted the business operations in India. One of

    NovoJuris
    By NovoJuris about 2 months ago
  • Government approval mandatory for FDI from neighbouring countries

    Government approval mandatory for FDI from neighbouring countries

    In the past years, United Kingdom, United States of America, Australia, Canada and other European countries have revised their foreign investment policies to protect their domestic firms from hostile takeovers by foreign investors. Following their footsteps, the Government of India

    NovoJuris
    By NovoJuris 2 months ago
  • COVID-19 AND ITS IMPACT ON BUSINESS OPERATIONS

    COVID-19 AND ITS IMPACT ON BUSINESS OPERATIONS

    As COVID-19 has spread to almost all parts of the world, the World Health Organization declared COVID-19 as a pandemic on 11 March 2020 with the observation that governments, businesses, and individuals still have substantial ability to change the virus’

    NovoJuris
    By NovoJuris 6 months ago
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