Government of India announced demonetization with lot of expectations to curb black money but outcome of that was not satisfactory. Later Government realized that some companies were the reason behind weak result of demonetization. Last year Government decided to list out those companies and to take strict actions against those companies. For this Indian Government […]

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A country can never be developed until it is free of corruption and the only strategy to control corruption is implementing the laws strictly. As we know that Government of Indian with the help of various Ministries and departments is trying to implement laws strictly. As per the Press Information Bureau dated 5th November, 2017 […]

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The essentials for drafting and  filing a criminal complaint: The Do’s Be authentic and narrate the actual facts. Include a minor twist only if absolutely necessary Be specific with date and time of the occurrence of event and exact “language”. If it’s based on documents annexed the documents and plead them cleverly in complaint. Show […]

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5 points to ponder if you’re giving your property on rent. 1. CREDENTIALS – Check the credentials of the person you are renting out your property to: check the I cards, bank statements, previous history, etc. 2. REGISTRATION – Make sure proper registration has been done and stamp duty duly paid. In the event of rent agreement, […]

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ESOPs BY FOREIGN HOLDING TO THE EMPLOYEES OF ITS INDIAN SUBSIDIARY List of Prescribed Compliances- Under FEMA and Companies Act, 2013 A) Compliances Under FEMA: In compliance of Master Circular on Direct Investment by Residents in Joint Venture (JV) / Wholly Owned Subsidiary (WOS) Abroad (Master Circular No. 11/2015-16) Section (C): Other Investments in Foreign […]

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  List of matters which are to be passed only at a duly convened Board Meeting and not by Circulation To issue securities, including debentures, whether in or outside India To make political contributions to authorise buyback of securities under section 68; Allotment of shares and debentures To borrow monies; Appointment of a Managing Director […]

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Companies Act, 2013, gives freedom to the Companies to do anything, which is legal and in the interest of stakeholders but with the approval of authority or by intimating authority in a manner as may be prescribed by the act. In Companies Act, 2013, section 89 is the only section which gives a way to […]

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The Labour Department vide its Order No F.No.12 (142)/13/mw/lab/2124 dated 30th September 2016 has revised the minimum rates of wages payable under the Minimum Wages 1948 in the National Capital Territory of Delhi. This following rates of minimum wages shall be applicable in respect of unskilled, semiskilled and skilled categories in all scheduled employments except employment […]

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From its inception, information technology (IT) has been changing the way business is done. IT is changing the basis of business from labor and manual skills to knowledge management. The workplace has changed significantly over the last half-century due to information technologies, mainly due to automation of existing processes. Technology has become an inseparable part […]

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Einstein is quoted as having said that if he had one hour to save the world he would spend fifty-five minutes defining the problem and only five minutes finding the solution. Same theory of Einstein goes well in the corporate world we work in. Penalties and prosecutions levied under various acts can be avoided only […]

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