European Union’s (“EU”) regulations on the protection of natural persons with regard to the processing of personal data and free movement of such data (“GDPR”) came into effect from May 25, 2018. These new General Data Protection Regulations 2018 have replaced previous data protection rules across Europe that were almost two decades old. It was …
A commercial contract forms an integral and critical part of any business venture, as such arrangements detail the rights and obligations, commercial terms discussed and agreed upon between the parties including recourse in case of any dispute. Therefore, it is extremely crucial to ensure that the terms mentioned in the contract are drafted in a …
Commercial Contracts in India and Their Legal Nuances Read More »
Presently, the Indian pharmaceutical industry tops the chart amongst India’s science-based industries with an enormous capability in the field of drug manufacturing and technology. India ranks 3rd worldwide in terms of countries that have exported the highest dollar value worth of drugs and medicines during the period 2018 – 2021. India is one of the …
The regime surrounding cryptocurrency in India has been in a state of flux since 2013. Particularly over the last few years, the Reserve Bank of India, the Indian Government and the Indian Judicial Courts have adopted contrary stances on this subject keeping the subject matter and enthusiastic traders and investors in a state of perplexity. …
Validity of Cryptocurrency under Deliberation in India Read More »
Startup India is a flagship scheme of Government of India instituted for the sole purpose of promoting the start-up culture and to build a strong ecosystem for innovation and entrepreneurship in India. Through this initiative, the Government plans to empower Startup ventures to boost entrepreneurship, economic growth and employment across India, with its main objective …
Benefits of Registering under Startup India Scheme Read More »
The Ministry of Corporate Affairs (MCA) has given directions to extend the due date for holding Annual General Meetings for the financial year ending on March 31, 2020, taking into account the difficulties faced due to Covid-19 pandemic situation in the country. AGM Extension Pursuant to the provisions under section 96 of the …
Growth during the early stages of a startup’s cycle requires substantial funding, and banks usually abstain from investments which are considered high risk. Venture Capital Transaction is a type of financing that investors or venture capital firms provide to startup companies and/or small and medium enterprises – which would require financial assistance to attain their intended …
Key terms in Venture Capital Transactions and protection of legal interests of Startups Read More »
The year 2020 has been incredibly challenging worldwide. The spread of the novel coronavirus, known as COVID-19, has led to an unprecedented health crisis in countries across the world. The crisis has unleashed an unprecedented crippling impact on all business sectors and aspects of how people communicate, work or live in general. The economic ramifications …
Indian Biotechnology Sector: A catalyst for growth opportunities Read More »
Prime Minister Shri Narendra Modi announced Rs 20 lakh crore fiscal stimulus equivalent to 10 per cent of India’s GDP to deal with COVID-19 situation in the country, the Union Finance Minister Nirmala Sitharaman announced the following changes from the Economic Package in the various other sectors to promote the motto of Self Reliant India …
Key Takeaways From The Economic Package Announced By Union FM Read More »
