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.

  • An Overview of the Labour Welfare Fund Rules in India

    An Overview of the Labour Welfare Fund Rules in India

    NovoJuris Legal through the presentation available at our SlideShare page analyses the various labour welfare fund rules in India. A short background is provided herein: There are 16 States and Union Territories which have enacted or adopted the Labour Welfare

    Sharda Balaji
    By Sharda Balaji about 1 year ago
  • COMPANY SECRETARIES – THE PROFESSION AND BEYOND

    COMPANY SECRETARIES – THE PROFESSION AND BEYOND

    Introduction The word ‘secretary’ has originated from the Latin word ‘secretarius’ which means a person who is entrusted with a secret. In the corporate world, a Company Secretary is a person whom every Board member value and when correlated with

    Sharda Balaji
    By Sharda Balaji over 1 year ago
  • Regulatory Update: MCA amends Incorporation Rules in relation to Shifting of Registered Office and Incorporation fee for companies

    Regulatory Update: MCA amends Incorporation Rules in relation to Shifting of Registered Office and Incorporation fee for companies

    As part of Government’s efforts to make India a startup hub and continuous efforts of ease of doing business in India, the Ministry of Corporate Affairs (the MCA) has issued notification dated 6 March 2019. With this notification following changes

  • M&A through Share Swap/Stock Swap Arrangements

    M&A through Share Swap/Stock Swap Arrangements

    Introduction A share swap arrangement signifies issuance of a share in exchange for a share rather than remittance of cash consideration. Share Swap arrangements occur when shareholders' ownership of the target company's shares is exchanged for shares of the acquiring

    Sharda Balaji
    By Sharda Balaji about 2 years ago
  • Regulatory Update:Notification of Regulations For Civil Use Of Remotely Piloted Aircraft System (RPAS)

    Regulatory Update:Notification of Regulations For Civil Use Of Remotely Piloted Aircraft System (RPAS)

    The Ministry of Civil Aviation on 27 August 2018 by way of a Press Note released the Drone Regulations 1.0 in the furtherance of enabling safe, commercial usage of drones effective from 1 December 2018. The Press Note provides for

  • Regulatory Update: Companies Act, 2013 for KYC of Directors

    Regulatory Update: Companies Act, 2013 for KYC of Directors

    The Ministry of Corporate Affairs (the MCA) vide its notification dated 5 July 2018, has notified the Companies (Appointment and Qualification of Directors) fourth Amendment Rules, 2018 which shall come into force with effect from 10 July 2018. The MCA

  • Regulatory Update - SEBI : Proposes three-phase process for re-classification of promoters as public shareholder

    Regulatory Update - SEBI : Proposes three-phase process for re-classification of promoters as public shareholder

    SEBI on July 24, published its consultation paper on ‘Consultative Paper on Revision of Provisions pertaining to Reclassification of Shareholders’, wherein SEBI has proposed a three phase process for reclassification of promoters as public shareholders. The issue of re-classification had

  • Regulatory Update: Negotiable Instruments (Amendment) Bill, 2017

    Regulatory Update: Negotiable Instruments (Amendment) Bill, 2017

    The Negotiable Instrument Act, 1881 defines cheques, promissory notes and bills of exchange as valid negotiable instruments and provides for penalties for bouncing of cheques and not honouring these negotiable instruments. The Parliament has recently passed the Negotiable Instruments (Amendment)

  • Regulatory Update: National Clean Air Programme (NCAP)-India, 2018

    Regulatory Update: National Clean Air Programme (NCAP)-India, 2018

    Ministry of Environment, Forest and Climate Change released the National Clean Air Programme for India. National Clean Air Programme aims at overcoming the deficits in ongoing government initiatives targeted towards air pollution control. Its goal is to meet the prescribed

  • Regulatory Update: Brief on Payment of Gratuity (Amendment Act), 2018

    Regulatory Update: Brief on Payment of Gratuity (Amendment Act), 2018

    The Government vide notification No. 1420(E) dated 29th March 2018 has enhanced the gratuity ceiling under the Payment of Gratuity Act, 1972 from Rs. 10 Lakh to Rs. 20 Lakh with effect from 29th March 2018. The government received representations

  • Operating Business in Renewable Energy (RE) Sector: Applicable Laws to Consider

    Operating Business in Renewable Energy (RE) Sector: Applicable Laws to Consider

    Rapid economic growth demands progressive measures in the Electricity or Power Sector. Power shortages and depletion of non-renewable energy resources coupled with distribution channel challenges have forced the economy to look forward to renewable energy creation and distribution. India’s commitment

    Sharda Balaji
    By Sharda Balaji about 2 years ago
  • National Company Law Tribunal (NCLT) Merger/Amalgamation : Steps to think through and how to go about it.

    National Company Law Tribunal (NCLT) Merger/Amalgamation : Steps to think through and how to go about it.

    Click through the link below to access the article: National Company Law Tribunal Merger/Amalgamation : Steps to think through and how to go about it. Through a notification dated December 7th, 2016 Ministry of Corporate Affairs has notified various provisions

    Sharda Balaji
    By Sharda Balaji about 2 years ago
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