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By Siddharth Shah, Ishita Khare
SEBI, vide its circular SEBI/HO/IFSC/CIR/P/2019/91 dated 9 August 2019 harmonized the provisions governing investments by AIFs incorporated in IFSC with those provisions governing investments by domestic AIFs.
By Rabindra Jhunjhunwala, Parag Bhide
The amendments proposed in the Amendment Act were party implemented with retrospective effect from 2 November 2018.
By Anshul Prakash, Deeksha Malik, Kruthi N. Murthy
A significant development in its own right, the Code on Wages, 2019 ("Wages Code") is an attempt by the Government of India to consolidate and simplify the existing multitude of labour laws in the country.
By Sanjay Sanghvi, Raghav Bajaj, Ujjval Gangwal
This is in furtherance to our Ergo Updates dated 23 July 2018 and 28 August 2018, on monetary limits for filing of appeal by the Income-tax department (Department).
By Stuti Galiya
The Digital Age has ushered in a new era of commerce and digital branding, as well as a new set of customer expectations.
By Sudip Mullick, Abhiraj Gandhi
Amounts raised from homebuyers contribute significantly to the construction of the real estate projects and hence it is necessary to treat homebuyers as financial creditors.
By Khaitan & Co
The Competition Commission of India (CCI) has constantly reformed the merger control regulations from 2011.
By Chakrapani Misra, Ravitej Chilumuri, Akash Karmarkar
On 20 June 2019, the National Company Law Appellate Tribunal (NCLAT), in A.J. Agrochem v Duncans Industries Limited, passed an order deciding the issue of whether approval of the Central Government under Section 16G(1)(c) ...
By Sudip Mullick, Abhiraj Gandhi, Aishwarya Wadhavkar
The Urban Land (Ceiling and Regulation) Act, 1976 was enacted to prevent concentration of urban properties in the hands of a few and to ensure equitable distribution / utilization of urban vacant lands.
By Chakrapani Misra, Aaditya Gambhir, Zacarias Joseph
Section 14 of the Insolvency & Bankruptcy Code 2016 (as amended) (IBC) imposes a moratorium on the institution of suits or continuation of pending suits or proceedings against a corporate debtor.
By Raj Panchmatia, Zacarias Joseph, Kushagra Agarwal
Recently, a division bench of the Hon'ble Supreme Court comprising Justices R. Banumathi and A.S. Bopanna, in the case of Brahmani River Pellets Ltd v Kamachi Industries Ltd...
By Anshul Prakash, Prachi Vijay
Weekly working hours for an employee shall be 48 hours. For work done beyond 48 hours, the employee shall be entitled to overtime wages.
By Asim Choudhury, Kinjal Buaria
With an aim to discourage cash transactions and move towards a cashless economy, the first budget of Modi Government 2.0 has proposed to levy TDS @ 2% on cash payments in excess of Rs. 1 CR in aggregate ...
By Anshul Prakash, Abhimanyu Pal, Kruthi N. Murthy
For instance, the increase in minimum rate of wages for a skilled employee in S&E in Zone I is as follows
By Anshul Prakash, Kosheel Gupta
On 1 August 2019, the Goa Legislative Assembly passed the Factories (Goa Amendment) Bill, 2019 (Goa Bill), which can be accessed here.
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