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 […]
Read More →Whereas for the ease of doing business in India Ministry of labour and ministry have introduced Ease of “Compliance to Maintain Registers under various Labour Laws Rules, 2017” vide its notification dated 21st February, 2017. Corporates were required to maintain multiple registers under various labour laws in physical form wherein most of the times the […]
Read More →The Ministry of Corporate Affairs (MCA), in exercise of the powers conferred by sub-sections (1), (2), (3), (4), (8), (9), (10) and (11) of section 125 and sub-section (6) of section 124 read with section 469 of the Companies Act, 2013 vide Notification no. G.S.R. 854(E) dated 5th September, 2016 had notified Investor Education and […]
Read More →Do you feel cheated by a product or service? Here are five things you should keep in mind for filing a case with the consumer court. 1. Make sure that you fall in definition of consumer. Any product or service used for business purpose is excluded from definition of consumer but if you are a […]
Read More →As we know that Indian Government has been trying to encourage women and in return women have proved that they can serve everywhere emphatically whether it is house or corporate world. To protect the women and to develop women, there are various legislations in India. Out of these legislations the Maternity Benefits Act, 1961 is […]
Read More →New rate of administrative charges payable by the employer under Employees’ Provident Funds Scheme, 1952 and Employees Deposit-Linked Insurance Scheme, 1976 are notified by Ministry of Labour and Employment through Notification No. S.O. 827(E) and S.O. 828(E) dated 15.03.2017 in supersession of the notification no. S.O. 323(E) and S.O. 324(E) dated the 2nd February, 2015. […]
Read More →Now, your debtor can’t mess up with you , thanks to The Insolvency And Bankruptcy Code,2016 With the amendment in the Companies Act 2013 the provision for winding up of the company for the reasons due to unable to pay the debt has been omitted. Now, if their case is genuine, the only remedy available […]
Read More →India is a developing country and it is focusing on strengthening the corporate sector. People of India are contributing to the development of corporate sector. Not only men but also women are contributing towards the development of Indian economy. Women are no longer limited to household chores; they are serving corporates, institutions, organizations and every […]
Read More →Fast Track Exit (FTE) is one of the quick ways to shut down a company, when it is non-operational over a period of time. It gives an option to Defunct Companies to get their names struck off from the Register of Companies. In its place, under the Companies Act, 2013 has brought in a process […]
Read More →The Law and Judiciary Department, Government of Maharashtra vide its notification published in the Maharashtra Government Gazette on 5 January 2017 has made significant amendments in Contract Labour (Regulation and Abolition) Act for the state of Maharashtra. Now the said act will be applicable: To every establishment in which 50 (fifty) or more workmen are […]
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