Certain provisions of the Companies Act, 2013 are applicable only to certain companies such a listed company, a company with a certain turnover or paid-up share capital etc.
Also, certain companies such as One person Companies, Small companies, Banking companies, Insurance companies, etc. are exempted from certain compliances.
This article provides a detailed list of all such provisions and their applicability and non-applicability.
Changes, Challenges and Controversies in Corporate Law
Applicability, Non-applicability of certain provisions of Companies Act, 2013
Date posted: Wednesday 4 May 2016
Laws:Companies Act 2013
Scheme of Start-up Intellectual Property Protection
Intellectual Property Rights (IPRs) are emerging as a strategic business tool for business organizations to enhance industrial competitiveness. Start-Ups, with limited resources and manpower can sustain in the highly competitive world only through continuous growth and development oriented innovations. It is important for such innovations to be protected. Hence the Scheme for Start-up Intellectual Property Protection (SIPP) was launched by the Government of India on 22nd April, 2016.
This week’s article explores the SIPP in detail.
Start-up initiatives by RBI
The Startup boom has continued in India with more rigour than ever before. Hence to promote ease of doing business and contribute to an eco-system conducive for growth of entrepreneurship, particularly in respect of the start-up enterprises, RBI Governer Dr. Raghuram Rajan, in the Sixth Bi-monthly Monetary Policy Statement, 2015-16 dated 2nd February, 2016 has highlighted the steps being taken, steps proposed to be taken and proposed steps already under consideration, with respect to the Government’s initiatives.
This week’s article “Start-up initiatives” by RBI which will provide a detailed view of all such steps highlighted in the Sixth Bi-monthly Monetary Policy Statement, 2015-16.
Foreign Exchange Management (Remittance of Assets) Regulations, 2016
The Reserve Bank of India, through its Notification No. FEMA 13 (R)/2016-RB dated 1st April, 2016, replaced the Foreign Exchange Management (Remittance of Assets) Regulations, 2000 (“Old Remittance Regulations”) with Foreign Exchange Management (Remittance of Assets) Regulations, 2016 (“New Remittance Regulations”). Though, largely the New Remittance Regulations are the same as the Old Remittance Regulations, there are a few changes that need to be highlighted. This article will bring out a detailed comparison of both the Regulations highlighting the additions and deletions.
Changes in FDI in E-commerce and Insurance Sector
Date posted: Wednesday 6 April 2016
Laws:FDI, FDI in Ecommerce Sector, FEMA, Insurance Sector
As per the ‘Consolidated FDI Policy Circular 2015’ issued by the Department of Industrial Policy and Promotion (“DIPP”), FDI upto 100% under automatic route is permitted in Business to Business (“B2B”) e-commerce. However, no FDI was permitted in Business to Consumer (“B2C”) e-commerce.
The DIPP, through Press Note No. 3 (2016 series) dated 29th March 2016, has permitted, with immediate effect, FDI in B2C e-commerce subject to certain conditions.
The notification, which is expected to redefine a section of the online retail industry in the country, was long awaited by e-commerce firms – both Indian companies such as Flipkart and Snapdeal, and subsidiaries of global giants such as Amazon India and Ebay, and several brick-and-mortar companies that use the marketplace model.
This article will provide you with detailed conditions subject to which the FDI has been permitted in B2C e-commerce.