Sh. V.P. Singh Badnore, the Governor of Punjab and Administrator, U.T., Chandigarh has launched an Online Single Window System for ease of doing business in Chandigarh. Investors can take online permissions and approvals in a time bound schedule from related departments like Estate Office, Labour Department, Chandigarh Municipal Corporation and Engineering Department etc. for setting […]

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Central Government in continuation of its endeavours to promote Ease of Doing Business in India has passed proposal for abolishing the Foreign Investment Promotion Board (FIPB) and allowing concerned Administrative Ministries/Departments to process applications for FDI requiring government approval. Reduction of formalities and time gap in getting government approvals will make India more attractive destination […]

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For protecting the interest of employees, Central Government is taking various steps in the organized sector against the events of sickness, maternity, disablement or death due to injury at employment etc. Government of India has notified many enactments for taking care of the health of the working people, out of which Employees’ State Insurance Act, […]

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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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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 […]

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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. […]

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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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  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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Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 The Insolvency and Bankruptcy Board of India has issued the Notification on Insolvency and Bankruptcy Board of India. These Regulations shall come into force on 29th November, 2016. The purpose of the Act is to build up a strong legal system related to the Bankruptcy […]

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