Category - Business Law

FAQs on Withdrawal of Legal Tender Character of the Old Bank Notes in the denominations of 500 and 1000 and The Specified Bank Notes (Cessation of Liabilities) Ordinance 2016

(Updated as on January 17, 2017) 1. Why was the Scheme of Withdrawal of Legal Tender Character of the old Bank Notes in the denominations of ₹ 500 and ₹ 1000 introduced? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the fake notes look similar to genuine notes,… Read More

Amendment in Schedule 2 of ITC (HS) Classification of Export & Import Items relating to export of Animal By-Products.

In exercise of powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 of the Foreign Trade Policy, 2015- 20, the Central Government hereby makes the amendment, with immediate effect, in Schedule 2 of ITC (HS) Classification of Export & Import… Read More

Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2017

NOTIFICATION Mumbai, the 11th January, 2017 SEBI/LAD-NRO/GN/2016-17/018 .─ In exercise of the powers conferred under section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Securities and Exchange Board of India hereby, makes the following regulations to further amend the Securities and Exchange Board of India (Foreign Portfolio Investors)… Read More

5 vital pieces of advice for Trademark Registration in India

5 vital pieces of advice for Trademark Registration in India

Trademark registration gives legal right to the owner of a company to use a particular symbol or logo as the identity of their business. Trademark registration is the first thing an owner should look for after the successful company name registration. To avoid future conflicts because of similarities with the mark of any other organisation… Read More

Tags: Registration ActTrademark

Takeover Defenses in India

Hostile takeovers have been relatively uncommon in India compared to Western jurisdictions. However, it has been observed in recent times that the trend is slowly but surely catching up in India as well. While the Takeover Code and the Companies Act mandate several disclosure requirements which make it considerably difficult for hostile raiders to acquire… Read More

Tags: brand pillhostile takeoverM&Apoison pilltakeover code

NPA in Private Sector Banks

The extremely plan to enable RBI to endorse rules on arrangement of Non-performing asset was that the idea of NPA itself is rapid - it changes with the adjustments in the money related administration and accordingly requires consistent checking and upgrading. Giving a static definition from the very time when the institution came into power… Read More

Tag: NPA

National Company Law Tribunal (NCLT)

The National Company Law Tribunal (NCLT) is a quasi-judicial body in India that adjudicates issues relating to Companies in India. The National Company Law Tribunal was formed or established under the Companies Act, 2013 which was constituted with effect from 1st June, 2016. The Ministry of Corporate Affairs (Central Government) constituted National Company Law Tribunal (NCLT) and National… Read More

Tags: Company LawNational Company Law Tribunal

Major achievements & important events pertaining to DIPP for the period April-July, 2016

DEPARTMENT OF INDUSTRIAL POLICY & PROMOTIONS MAJOR ACHIEVEMENTS (April 2016-July 2016) MAJOR EVENTS, MEETINGS, SEMINARS etc. (1) START UP INDIA- The Department of Industrial Policy and Promotion (DIPP) organised a day-long Startup India States’ Conference on 23rd July, 2016 in New Delhi which was inaugurated and presided over by the Hon‟ble Minister of State (I/c)… Read More

Government Approves Seven (7) Proposals of Foreign Direct Investment (FDI)

Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its 238th Meeting held on 3rd August 2016, the Central Government has approved seven (07) FDI proposals as per details enclosed.   S. No Item No Name of the applicant Gist of the proposal Sector FDI (Rs.  crore) 1 2 M/s IMCD India Pvt.… Read More

Government Approves One (1) Proposal Of Foreign Direct Investment (FDI)

Based on the recommendations of Foreign Investment Promotion Board(FIPB) in its 237thmeeting held on 12th July 2016, the Government has approved one Foreign Direct Investment (FDI)  proposal as per details enclosed. 1. The following one (01) proposal has been approved: S. No Item No Name of the applicant Gist of the proposal Sector FDI (Rs. … Read More

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