IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Gautam Khurana of India Law Offices LLP. Gautam has joined IR as our exclusive Commercial Law Member in India. Gautam Khurana, an Indian registered lawyer, is the founder & Managing Partner of India Law Offices LLP, providing quality legal services to […]
FOREIGN INVESTMENT UPDATES The Department for Promotion of Industry and Internal Trade (“DPIIT”), Ministry of Commerce and Industry, Government of India (“GOI”) has revised the terms governing foreign direct investment (“FDI”) policy (“FDI Policy”) in various sectors in India, vide Press Note no. 4 (2019 Series) dated 18 September 2019 (“Press Note”). AMENDMENTS A summary […]
The Ministry of Information and Broadcasting (“MIB”) has sought to undertake the ginormous task of regularising and certifying the content available on various entertainment platforms and digital media in general, more particularly referred to as the over the top platforms (“OTT”). The Minister of MIB, Mr. Prakash Javadekar, during a conference with members of the […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Anil Kumar Gupta of Anil S. Gupta & Associates. Anil has joined IR as our exclusive Tax (Accountants) Member in India. Anil Kumar Gupta is a practising Chartered Accountant in India and has professional experience of more than 36 years. He specializes […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Shikher Gupta of Anil S. Gupta & Associates. Shikher has joined IR as our exclusive Tax (Accountants) Member in India. Shikher is a certified Chartered Accountant in India. He has professional experience of more than 9 years and specializes in India tax […]
On February 28, 2019, the Hon’ble Supreme Court, vide its judgement in the case of The Regional Provident Fund Commissioner (II) West Bengal vs. Vivekananda Vidyamandir and Others (clubbed with other civil appeals) (“Vidyamandir Case”), re-affirmed the position concerning inclusion of certain allowances for determining the provident fund contribution. The question of law raised in […]
India is one of the fastest growing and most exciting economies in the world. The country’s population reached 1.3 billion in 2018, making it the most populous democracy on the […]
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In recent past, there has been a lot of debate around a proper regulatory framework being put in place to enable Indian companies issue shares with differential voting rights (“DVR(s)”) which would enable the promoters to continue retaining control over their companies. Pursuant to this ongoing debate, the Securities Exchange Board of India (“SEBI”) on […]
Infringement of trademarks takes various forms such as counterfeits and cybersquatting. Another way of infringement is when a corporate name is identical with or too nearly resembles another trademark. The provisions of sections 20 and 22 of the erstwhile Companies Act, 1956 was amended vide Trademarks Act, 1999, to recognise bona fide rights of registered trademark proprietors and to […]
We are delighted to announce the opening of LexCounsel’s office at Bhubaneswar, Odisha and are also pleased to welcome Abhijeet Das as Partner and Head of Odisha office. Abhijeet has over 10 years of experience working with leading law firms at New Delhi, a majority of which time he had spent with us. His primary […]
With more and more investors being attracted to invest in virtual currencies with their astonishing highs and painful lows, the cloud of confusion with regard to recognition and regulation of such currencies under Indian laws loomed. The nuances and legal status of virtual currencies under Indian laws including various directions issued by the Reserve Bank […]
A. CHANGES IN THE GST REGIME Extension of due date for furnishing FORM GST CMP-08 The CBIC has vide notification no. 34/2019 – Central Tax dated 18th July 2019 extended the due date to file Form GST CMP-08 containing details of payment of self-assessed tax for the quarter April 2019 to June 2019 from 18th July […]