Introduction The recent introduction of the India International Arbitration Centre (Conduct of Micro and Small Enterprises Arbitration) Regulations, 2024 (“Regulation”) marks a commendable stride by the India International Arbitration Centre (“IIAC”) towards fostering a business-friendly environment. Designed specifically for Micro and Small
1. Introduction 1.1 The National Institution for Transforming India (“NITI Aayog”), in August 2020, had released a draft framework on Data Empowerment and Protection Architecture (“DEPA/Draft Framework”). DEPA is aimed at empowering people to have a seamless and secure access
In view of the Gazette notification dated June 26, 2020 on new criteria for classifying the enterprises as micro, small and medium enterprises, Reserve Bank of India (RBI) vide its notification dated 21 August 2020, has clarified the following: All
Start ups and MSMEs: Registration and Advantages features of Atmanirbhar package from Novojuris Start Ups: Definition and criteria Tenure: A private limited company, a registered partnership or a limited liability partnership in India is considered a startup up to
"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
The Ministry of Corporate Affairs (the MCA) in the month of January & February 2019 has issued the following amendments notification under the Companies Act 2013 (the Act): (a) Changes in Companies (Significant Beneficial Owners) Rules 2018 to identify individuals/entities
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