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A. NON-BANKING FINANCIAL COMPANY: Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 2013 or any other previous law and is engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, and chit […]

We are glad to report that Samisti Legal, Advocates and Legal Advisors based out of Hyderabad has been involved in a deal closing transaction for NephroPlus. Global alternative asset manager Investcorp has closed a funding round in NephroPlus and also provided an exit to one of the company’s existing investors. NephroPlusis a dialysis service provider headquartered […]

TatXpo 2019, an Australia India Trade & Investment Expo is uniquely tailored investment platform for Australian growth companies, innovators and investors to connect with their counterparts in India to collaborate and commercialise high growth, high impact ideas. It is a matter of great privilege for us to announce that Samisti Legal has been selected as a Legal Partner […]

Introduction of NCLT & NCLAT The first Act to govern all the companies in India was enacted in the year 1913. It gave exclusive jurisdiction to the High Courts and district courts to deal with all the Company matters. After independence, the legislators felt the need for a new law to govern the companies as […]

A. INTRODUCTION: Currently, there is no concurrent definition of E-commerce other than the one provided by the FDI Policy[1], which states that: “E-commerce activities refer to the activity of buying and selling by a company through the E-commerce platform”. The definition of E-commerce makes it clear that any buy / sale transactions would be covered. But […]

A. ARTICLE 19: Protection of certain rights regarding freedom of speech etc: 1. All citizens shall have the right a) To freedom of speech and expression; b) To assemble peaceably and without arms; c) To form associations or unions; d) To move freely throughout the territory of India; e) To reside and settle in any […]

A. ARTICLE 18 OF THE INDIAN CONSTITUTION: 1. Abolition of titles: (1) No title, not being a military or academic distinction, shall be conferred by the State. (2) No citizen of India shall accept any title from any foreign State. (3) No person who is not a citizen of India shall, while he holds any […]

A. ARTICLE 17 OF THE INDIAN CONSTITUTION: Untouchability is abolished and its practice in any form is forbidden. The enforcement of any disability arising out of Untouchability shall be an offence punishable in accordance with law. Explanation: Untouchability is neither defined in the Constitution nor in the Act. It refers to a social practice which […]

A. ARTICLE 16 OF THE INDIAN CONSTITUTION: Article 16 of the Constitution of India, talks about the right of equal opportunity in the matters of public employment. It states that: 1. There shall be equality of opportunity for all citizens in matters relating to employment or appointment to any office under the State, 2. No […]

A. ARTICLE 15 OF THE INDIAN CONSTITUTION: Article 15 of the Constitution of India, 1949 states that: 1. “The State shall not discriminate against any citizen on grounds only of religion, race, caste, sex, place of birth or any of them. 2. No citizen shall, on grounds only of religion, race, caste, sex, place of […]