The founding members of, and our team of professionals at LexCounsel are pround to announce that LexCounsel has completed ten years dedicated to excellence in professional legal services. As we celebrate that milestone, we remember the clients who have, and continue to repose trust and confidence in us. You have all been part of the […]
Reorganization and consolidation, economic slump and business needs sometimes require companies to take the hard decision of retrenching or terminating its employees. But most companies treat the termination process of all employees alike with disruptive consequences subsequently. Indian laws classify employees in “workmen” and “non-workmen” categories. The classification of an employee as a workman or […]
This write-up invites your attention to the applicability of new provisions of Companies Act, 2013 to be complied by all companies w.e.f. 01.04.2014. 2013 Act provides a new requirement for a company to have at least 1 of the directors who is resident in India i.e. a person who has stayed in India for at […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Alessandro Fichera of Octagona. Alessandro has joined IR as our exclusive Business Advisory Services member in India. Alessandro Fichera graduated in European Business Management from the University of Wales (Cardiff, UK) and obtained a degree in International Marketing from IFOA. He […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Mahua Roy Chowdhury of Solomon & Roy Intellectual Property Services. Mahua has joined IR as our exclusive Entertainment, Media & Sports Law in India. Mahua Roy Chowdhury is the founding Partner of SOLOMON & ROY, a boutique Intellectual Property Law Firm based in Mumbai, […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Aaron Solomon of Solomon & Roy Intellectual Property Services. Aaron has joined IR as our exclusive Entertainment, Media & Sports Law in India. Aaron Solomon is a qualified Indian solicitor and advocate. Aaron has practiced law based in Mumbai since 1994 gaining extensive […]
IntroductionRecently, Supreme Court of India in Enercon India vs Enercon GmBH1 revisited the laws which are largely applicable to the arbitration agreement. In this case, the arbitration agreement contained the following clause: “A proceedings in such arbitration shall be conducted in English. The venue of the arbitration proceedings shall be in London. The arbitrators may (but shall not be […]
Corporate Social Responsibility (“CSR”) as a formal concept did not exist in India prior to the enactment of the Companies Act, 2013. The concept evolved with the liberalization of the economy and the advent of various welfare centric laws such as Labour laws and Environment protection laws, etc. Recently, the concept of CSR has been formalized […]
Venture Intelligence APEX’14, scheduled for March 6, 2014 at Mumbai, brings together the Indian Private Equity/Venture Capital-Entrepreneur Ecosystem to introspect best practices on delivering returns without causing disruption to the underlying businesses over structured panel discussions and networking sessions. Post the inaugural session, an exclusive panel will discuss and brainstorm on the emerging trends & […]
Another Milestone For Foreign Seated Arbitration The Hon’ble Supreme Court of India paves further impediment to foreign seated arbitration by clarifying that the plea of fraud cannot operate as a bar to foreign seated arbitration. The Supreme Court in its earlier decision of N. Radhakrishnan v. Masestro Engineers &Ors1 (Masestro) had taken a view that where […]
The World Health Organization (“WHO”) defines Telemedicine as “The delivery of healthcare services, where distance is a critical factor, by all healthcare professionals using information and communication technologies,for the exchange of valid information for diagnosis, treatment and prevention of disease and injuries, research and evaluation, and for the continuing education of healthcare providers, all in […]
Liberalization of definition of Infrastructure Sector under ECB Policy The Reserve Bank of India (“RBI”) has, vide its A.P. (DIR Series) Circular No. 85 dated January 06, 2014, further liberalized the existing definition of ‘Infrastructure Sector’ under the extant external commercial borrowings policy (“ECB Policy”), to additionally include ‘Maintenance, Repairs and Overhaul’, which will be […]