The Payment of Gratuity Act, 1972 came into force on September 16, 1972. The Government of Kerala enacted the Kerala Industrial Employees Payment of Gratuity Act, 1970 making gratuity a statutory right of the employees. Later, West Bengal Government enacted the West Bengal Employees Payment of Gratuity Act, 1971 relating to the subject. Central Government […]
Read More →There was a time when corporates used to consider compliance of laws as a burden, gone are the days, now corporates consider it as its responsibility. In the past, there was not proper guidance system, due to which corporates couldn’t comply with regulatory requirements. But now picture has been changed and with the passes of […]
Read More →Make sure your clients NEVER default on your payments. Here’s how! Recovery of stuck payments is the pain point of many businesses. Except for a few cases where the clients have genuine challenges in paying you, in the rest they don’t pay simply because they do not feel compelled to do so. Here’s how you […]
Read More →The Do’s Always include the following clauses to avoid future litigation: A. Consideration – value generated for each party B. Deliverables – what goods or services will each party deliver C .Responsibility – duties of parties while delivering D. Default – what shall be the damages in case of default E. Termination – when can […]
Read More →Pay attention to the legal strategy of your business It will pay off! If you think through the legal strategy for your business, it can help you in the long run, especially when a legal challenge comes up. Do pay attention to these aspects: 1.The Legal Identity – Proprietorship , Partnership or Company? If you […]
Read More →Delisting means permanent removal of securities of a listed company from all or any of the recognised stock exchanges where such shares are listed. As a consequence of delisting, the securities of that company would no longer be tradable at that stock exchange. Applicability of Delisting Regulation: Delisting of Equity Shares from all the stock […]
Read More →Food Safety and Standards Authority of India (FSSAI) recognizes that a specific framework to manufacture and market proprietary food is required in accordance with the global best practices to provide certainty to all stakeholders while providing them with the flexibility to innovate. Earlier the Food Safety and Standards (Food Products Standards and Food Additives) Regulations, […]
Read More →Bitcoin is a form of digital currency, created and held electronically. It is an electronic Cash System and a peer to peer digital system of payments and transactions take place between users directly, without an intermediary. It can be used to buy things electronically. In that sense, it’s like conventional dollars, euros, or naira, which […]
Read More →Real Estate (Regulation and Development) Act, 2016 The Real Estate (Regulation and Development) Act, 2016 came into force on May 01, 2016. Union Ministry of Housing and Urban Poverty Alleviation (HUPA) notified 69 of the total 92 sections of the Act to bring it into force from 1 May 2016. This culminates the eight year long efforts […]
Read More →The Government of India in its endeavour to attract more foreign investment has liberalized FDI policy by enhancing the limit of foreign investment in insurance sector from 26% to 49% under the automatic route subject to certain terms and conditions which have been notified through Press Note No. 1(2016 Series), D/o IPP File No. […]
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