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.

  • KBase - The Quarterly Newsletter from NovoJuris, June 2014

    KBase - The Quarterly Newsletter from NovoJuris, June 2014

    Business Gateway – Israel and India By Sharda Balaji, Founder, NovoJuris This May 2014, I attended the Israel Innovation Conference, at Tel Aviv, an event focused on Bio-Med and Hi-Tech. Having experienced Israel’s innovation capabilities from close quarters, from working with

    Sharda Balaji
    By Sharda Balaji about 6 years ago
  • Clarifications on appointment of Independent Directors under Companies Act, 2013.

    Clarifications on appointment of Independent Directors under Companies Act, 2013.

    With some open questions left on appointment of independent directors under the new Act, Ministry of Corporate Affairs has issued some clarifications on representations being made to it from various Industry Chambers, Professional Institutes. The clarifications are as follows: Pecuniary

    Sharda Balaji
    By Sharda Balaji about 6 years ago
  • How to choose your legal avatar?

    How to choose your legal avatar?

    With the new Companies Act 2013 introducing One Person Company, we thought of doing a refresh of our earlier comparative chart.   SL. NO. FEATURES ONE PERSON COMPANY (OPC) PRIVATE LIMITED COMPANY LIMITED LIABILITY PARTNERSHIP (LLP) SOLE PROPRIETORY PARTNERSHIP FIRM

    Sharda Balaji
    By Sharda Balaji about 6 years ago
  • Issuing of Shares with Differential Rights, Companies Act 2013

    Issuing of Shares with Differential Rights, Companies Act 2013

    Issuing shares with differential rights has become more prescriptive and restrictive  in Companies Act, 2013.New startups may  find it difficult to meet  the precondition of  consistent track record of distributable profits for last 3 years. Voting Rights when there are

    Sharda Balaji
    By Sharda Balaji over 6 years ago
  • Criminal Liabilities of Directors under the Companies Act 2013

    Criminal Liabilities of Directors under the Companies Act 2013

      Companies Act 2013 has increased monetary penalties and imprisonment. The civil and criminal liabilities are not just on directors but includes “Officers in Default”.   There is heightened corporate governance requirements even for  startups and unlisted companies,  even though there

    Sharda Balaji
    By Sharda Balaji over 6 years ago
  • Further issue of shares to existing shareholders -  Rights Issue / Preferential basis

    Further issue of shares to existing shareholders - Rights Issue / Preferential basis

    If the issuance of security is for a select group of people, called Private Placement, please refer to our post here.  If you wish to issue shares to existing equity shareholders, then read on. When a company proposes to increase

    Sharda Balaji
    By Sharda Balaji over 6 years ago
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