BOARD’S REPORT TO INCLUDE POSH COMPLIANCE AS PER COMPANIES (ACCOUNTS) RULES 2014

Background The Ministry of Corporate Affairs (“MCA”) has issued a notification bearing no. G.S.R. 725(E) dated 31 July 2018 amending the Companies (Accounts) Rules, 2014 (“Rules”) to include (amongst others) a statement in the board’s report on the compliance under the POSH Act as discussed below. Effective date of Amendment: 31 July 2018 Amendments to […]

Aliff FazelbhoySenior Partner, ALMT Legal, Advocates & Solicitors

Prudentia Advisory LLP joins IR as the exclusive Foreign Direct Investment Member in India

  IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Pooja Vaswani of Prudentia Advisory LLP. Pooja has joined IR as our exclusive Foreign Direct Investment Member in India. We are a full service law firm, operating on a pan-India basis, and we provide services relating to corporate and transactional law, […]

Prudentia Advisory LLP joins IR as the exclusive Foreign Direct Investment Member in India

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Karan Vaswani of Prudentia Advisory LLP. Karan has joined IR as our exclusive Foreign Direct Investment Member in India. We are a full service law firm, operating on a pan-India basis, and we provide services relating to corporate and transactional law, […]

CHEQUE BOUNCING – AMENDMENTS TO THE NEGOTIABLE INSTRUMENTS ACT, 1881

The Negotiable Instruments Act, 1881 (“NI Act”) has been amended from time to time to make the law relating to dishonor of the cheque more stringent against unscrupulous drawers of cheques. Repeated efforts have been made both by the Legislature and the Judiciary to curb the blatant abuse of the process of law by the […]

Seema JhinganPartner, LexCounsel

A. CHANGES IN THE GST REGIME

Representations were made seeking clarification on the applicability of GST on certain items. The government vide circular no. 52/26/2018 – GST dated 9th August, 2018 has issued clarification on the applicability of GST on fortified toned milk, refined beet and cane sugar, tamarind kernel powder, drinking water, plasma products, wipes using spun lace non-woven fabric, […]

Aliff FazelbhoySenior Partner, ALMT Legal, Advocates & Solicitors

GDPR – WHAT IT MEANS FOR INDIAN BUSINESS?

GDPR – WHAT IT MEANS FOR INDIAN BUSINESS? With digital and cross border transactions growing at an exponential rate, protection of personal data has become a critical issue with multi-jurisdictional implications. The recent and most significant example of protection of personal data being that of the European Union’s (“EU”) regulation on protection of natural persons […]

Seema JhinganPartner, LexCounsel