Articles

Introduction The Ministry of Corporate Affairs has officially announced The Limited Liability Partnership (Third Amendment) Rules, 2023 (“Amendment Rules”)[i], on October 27, 2023, with an aim to bring certain key developments in the existing regulations pertaining to the Limited Liability Partnerships (“LLP”) in India. Key developments introduced by this Amendment Rules are as follows: Rule […]

Introduction The Securities Exchange Board of India (“SEBI”) introduced the concept of a Social Stock Exchange (as defined below) on July 25, 2022, by amending the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ICDR Regulations”), SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (“LODR Regulations”), and SEBI (Alternative Investment Fund) Regulations, 2012 (“AIF […]

Introduction The concept of a social venture fund (“SVF”) was primarily defined and discussed under the Securities Exchange Board of India (Alternative Investment Fund) Regulations, 2012 (“AIF Regulations”). The SVF framework had been established by SEBI (Securities Exchange Board of India) to help bridge the gap between social welfare and opportunities for stakeholders to effectively […]

To promote the growth of BPO (as defined below), the central government introduced the India BPO Promotion Scheme (“Scheme”), as envisaged under the Digital India Programme, which sought to incentivize the establishment of seats with respect to BPO or IT Enabled Services (“ITeS”) across the country. However, as per Clause 3 of the Scheme, the […]

Introduction Relationships exist with a give and take policy. It may be master-servant, principle-agent, employer-employee etc. Only when an employee works for his master, follows his orders and finishes his task as instructed the employer has a duty to give him/her salary or wages for his service. The payment of wages and salaries in India […]

Introduction While there isn’t one universally agreed-upon definition of corporate social responsibility (CSR), every existing definition acknowledges the influence businesses have on society and the societal expectations placed upon them. Initially rooted in philanthropic endeavors like corporate donations, charity, and relief work, CSR has expanded worldwide to encompass various related concepts. These include the triple […]

Introduction Moonlighting refers to full or part-time employment in addition to a primary job. It is generally undertaken without informing the primary employer. It is typically done ‘under the moon’, that is, at night or on weekends. The moonlighter contends that they are exercising their freedom of choice. On the other hand, the employer has […]

Introduction Arbitration is an alternative dispute resolution mechanism. It is chosen for many factors, including saving time and costs or confidentiality. In an arbitration, the arbitral tribunal renders an arbitral award. This award is enforced through the court’s coercive mechanisms in the same way as a court decree is. In India, arbitration is governed by […]

The enforcement of International Contract (i.e. a legally binding agreement between parties, based in different countries, in which they are obligated to do or not do certain things[i]) is necessary to ensure that the parties involved fulfill their obligations and honor the terms agreed upon in the contract. The enforcement of international contracts is essential […]

INTRODUCTION The Labour laws in India are a comprehensive set of legislation designed to protect the rights and welfare of workers and employees. With a rich history rooted in social justice and economic development, labor laws in India aim to create a fair and equitable working environment for millions of workers across different sectors and […]