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  • Notification of Patents (2nd Amendment) Rules, 2020

    Notification of Patents (2nd Amendment) Rules, 2020

    The Government of India in the Ministry of Commerce and Industry (Department for Promotion of Industry and Internal Trade) has vide notification dated 4 November 2020 notified the Patents (2nd Amendment) Rules, 2020 (“Rules”). The highlights of the new rules

  • Start ups and MSMEs: Registration and Advantages features of Atma Nirbhar package

    Start ups and MSMEs: Registration and Advantages features of Atma Nirbhar package

    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

    NovoJuris
    By NovoJuris about 3 years 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 over 3 years ago
  • Draft Enabling Framework for Regulatory Sandbox

    Draft Enabling Framework for Regulatory Sandbox

    In July 2016 the Reserve Bank of India (RBI) had setup an inter-regulatory Working Group to look into and report on various aspects relating to fintech. One of the key recommendations of the Working Group was the introduction of an

  • Estonia: The ‘Smart’ Country

    Estonia: The ‘Smart’ Country

    Estonia: The ‘Smart’ Country We had an opportunity to visitTallin, the capital city of Estonia and what a rich experience it was, as we went from exploring the Enterprise Estonia showroom and the e-Residency opportunities to having interesting discussions with

    Sharda Balaji
    By Sharda Balaji almost 6 years ago
  • Estonia: The ‘Smart’ Country

    Estonia: The ‘Smart’ Country

    Estonia: The ‘Smart’ Country We had an opportunity to visitTallin, the capital city of Estonia and what a rich experience it was, as we went from exploring the Enterprise Estonia showroom and the e-Residency opportunities to having interesting discussions with

    Sharda Balaji
    By Sharda Balaji almost 6 years ago
  • Regulatory Updates: FDI, SEBI Laws, MCA, Labour Laws, Cybersecurity, Trademarks, Bankruptcy and Insolvency, Startup India

    Regulatory Updates: FDI, SEBI Laws, MCA, Labour Laws, Cybersecurity, Trademarks, Bankruptcy and Insolvency, Startup India

    Foreign Direct Investment in a Limited Liability Partnership The Securities and Exchange Board of India (Foreign Portfolio Investors) (Second Amendment) Regulations, 2017 Section 391 (2) Closure of Place of Business by a Foreign Company The Companies (Transfer of Pending

    Sharda Balaji
    By Sharda Balaji over 6 years ago
  • Promotion and Acceleration of Young and Aspiring technology entrepreneurs (“PRAYAS”) - Benefits for startups

    Promotion and Acceleration of Young and Aspiring technology entrepreneurs (“PRAYAS”) - Benefits for startups

    For nurturing knowledge based and technology driven ideas and innovations into successful Start-ups, the Innovation & Entrepreneurship Division, Department of Science & Technology (“DST”), Government of India developed an umbrella programme called National Initiative for Developing and Harnessing Innovations (“NIDHI”).

    Sharda Balaji
    By Sharda Balaji about 7 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 9 years ago
  • Deal structuring with the startup tax

    Deal structuring with the startup tax

    The Finance Act 2012 brought in an amendment to tax the share premium which is above the fair value of investment by the resident angel investors and not proven satisfactorily to the tax assessing officer.  This amendment is effective 1

    Sharda Balaji
    By Sharda Balaji over 10 years ago
  • Present Sir ! Board meetings through video conferencing counted for Quorum.

    Present Sir ! Board meetings through video conferencing counted for Quorum.

    After almost 13 years of constant request by the industry, Ministry of Corporate Affairs (MCA) considers Directors attending Board / Committee Meetings through video conferencing as valid quorum.  Read the circular here http://goo.gl/HhI1f. I remember program co-ordinating Companies Bill, 1997 held

    Sharda Balaji
    By Sharda Balaji over 12 years ago
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