The Jan Vishwas (Amendment of Provisions) Act, 2023 (“JV Act”) which received the assent from the President of India on 11th August 2023 amends 42 acts with an intention to decriminalize and rationalize minor offences and aims to “enhance trust- based governance for ease of living and doing business.”. The JV Act has a notable …
The Indian Ministry of Commerce and Industry tabled the Jan Vishwas (Amendment of Provisions) Bill for consideration in the Parliament of India as of December 22, 2022, with the objective of decriminalizing and rationalizing certain offences to promote ease of living and doing business in India. During the recent monsoon session of the Parliament in …
Analysis of the Jan Vishwas (Amendment of Provisions) Act, 2023 Read More »
To provide equal opportunity and adequate accessibility to transgender persons in different domains such as educational institutions, healthcare services and employment opportunities in both public and private sectors, employers need to actively participate and revamp the recruitment practices and human resource policies. Further, to warrant that the employment standards in India are coherent with the …
Equal Opportunity for Transgender Persons: A Policy Mandate for all Establishments Read More »
Within the constantly evolving business landscape, companies usually choose strategies for growth and adaptation such as mergers, acquisitions, and corporate restructuring. Given that these events are transformative events they bring not only strategic opportunities but also bring intricate legal challenges into the picture, particularly concerning the transfer of employees. Such business transitions are often accompanied …
Navigating Employee Transfers in Mergers and Acquisitions Read More »
The rapid advancements in Artificial Intelligence (“AI”) have ushered in a new era of technological possibilities, promising innovative solutions across various industries. As AI’s potential continues to grow, so do concerns about its ethical, social, and economic implications. Governments around the world are grappling with the challenge of crafting effective regulations to harness AI’s benefits …
India’s Journey in Regulating Artificial Intelligence Read More »
Section 137(1) of the Companies Act, 2013, pertains to the requirement for companies to file their financial statements with the Registrar of Companies within thirty days of the date of the annual general meeting of the company. As per Section 137(2), where the annual general meeting of a company for any year has not been …
As per Section 2(41) of the Companies Act, 2013 (“Act”), financial year, in relation to any company or body corporate, means the period ending on the 31st day of March every year, and where it has been incorporated on or after the 1st day of January of a year, the period ending on the 31st …
Change in Financial Year of Companies Registered Under Companies ACT, 2013 Read More »
The Payment and Settlement Systems Act, 2007 (“PSS Act”) is a fundamental legislation in India, which governs and controls how payment and settlement systems are regulated and managed in the country. The PSS Act was outlined to improve the efficacy, stability and security of payment mechanisms, and grants the Reserve Bank of India (RBI) extensive …
The Payment and Settlement Systems Act, 2007 and RBI’s Regulatory Powers Read More »
Moonlighting, the practice of engaging in additional employment outside of one’s primary job, has become increasingly prevalent in today’s fast-paced and competitive work environment. This phenomenon is not unique to India, as the global workforce grapples with the demands of modern life. In India, where the job market is characterized by both traditional employment norms …
Preventing Moonlighting: The Role of Legal Advisors Read More »
