SEBI Guidelines on Relaxation in Filings

The Securities and Exchange Board of India (SEBI) prescribes several compliance requirements for listed entities under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Due to the ongoing Novel Coronavirus pandemic has caused substantial disruption to business and impeded ordinary functioning. On 19th March 2020 SEBI issued a circular relaxing some compliance requirements under … Read more

CORONAVIRUS And Its Impact on Contracts

CORONAVIRUS AND ITS IMPACT ON CONTRACTS As the COVID-19 also known as Coronavirus is on rise and its impact is not limited to human lives but also to operation of business eventually affecting the economy. The stock valuations are going down and various supply chain disruption, performances under various contracts are in question. In such … Read more

Highlights on the Social Security Code, 2019

The Social Security Code, 2019 has replaced the previous laws namely The Employees’ Provident Fund Act, 1952, The Maternity Benefit Act, 1961 and The Unorganized Workers’ Social Security Act, 2008. Social security schemes: The central government may notify various social security schemes for the benefit of workers.  These include an Employees’ Provident Fund (EPF) Scheme, … Read more

Highlights on the Occupational Safety, Health, and Working Conditions Code, 2019

The Occupational Safety, Health and Working Conditions Code, 2019 has replaced previous laws namely Factories Act, 1948, Mines Act, 1952, Dock Workers Act, 1986, Contract Labour Act, 1970 and Inter-State Migrant Workers Act, 1979. Now the main features of this new code are as follows: Coverage, license and registration: It specifies the applicability for establishments … Read more

HIGHLIGHTS OF INDUSTRIAL RELATIONS CODE, 2019

The Industrial Relations Code, 2019 has replaced the previous laws namely The Industrial Dispute Act, 1947, The Trade Union Act, 1926 and The Industrial Employment (Standing Orders) Act, 1946. Now the main features of this new code are as follows: Trade unions:  Seven or more members of a trade union can apply to register it.  … Read more

Highlights of Code of Wages, 2019

The Code on Wages, 2019 has replaced previous laws namely The Payment of Wages Act, 1936, The Minimum Wages Act, 1948, The Payment of Bonus Act, 1965 and The Equal Remuneration Act, 1976. Now the main features of this new code are as follows: Definition of wages:   The Code seeks to provide a single … Read more

DIFFERENCE BETWEEN LLP & PVT. LTD. COMPANY – ON THE BASIS OF STRUCTURE & TAX REGIME

DIFFERENCE BETWEEN LIMITED LIABILITY PARTNERSHIP (LLP) AND PRIVATE LIMITED COMPANY (Pvt. Ltd. Company) BASIS LLP Pvt. Ltd. Co. Meaning LLP is registered under LLP Act, 2008. Pvt. Ltd. Co. is registered under the Companies Act, 2013. Features       Note: Both the companies are having similar features 1. Separate legal entity2. Less flexible in … Read more

CORONAVIRUS: RISK AND LIABILITIES

Due to the outbreak of Coronavirus each and every sector of national and international business has been hit hard and the economy is facing a very serious crisis across the country. Meanwhile it is important to take a note on key legal issues to be faced due to this giant pandemic of Coronavirus. Tourism Industry … Read more

Data Protection Bill 2019 and its Impact on Companies

On December 11, 2019 the Personal Data Protection Bill 2019 was introduced in Parliament where different ways to process data in India including protection for transfer of personal data, restrictive conditions for transfer of personal data and penalties come into picture. In this article we will outline the impact of Data Protection Bill on private … Read more