Comparative Analysis of ESOP, Sweat Equity and Phantom Stocks

A. INTRODUCTION: With the growing job opportunities and the increase in competition, companies have to ensure that there is a minimization of attenuation and attrition of employees. For the purpose of ensuring the same, the companies offer incentives to their employees in the form of stock options and shares to ensure that the employees are […]

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Doing Business in India

Doing Business in India. Download: https://www.samistilegal.in/wp-content/uploads/2020/06/Doing-Business-in-India.pdf Authors: Prashant Jain, Co-Founder & Partner; Anita Dugar, Senior Associate. Disclaimer: The content of this article is intended to provide a general guide to the subject matter. For any queries, the authors can be reached at (i) prashant@samistilegal.in (ii) anitadugar@samistilegal.in.

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Compliance Calendar for the Financial Year 2020-2021

Download: https://www.samistilegal.in/wp-content/uploads/2020/06/Compliance-Calendar-FY-2020-21.pdf The Compliance Calendar sets forth the monthly, quarterly, half-yearly and annual compliances under the Companies Act, 2013, FEMA, SEBI and the general Labour Laws for the financial year 2020-2021. Authors: Prashant Jain, Co-Founder & Partner; Abhishek Gupta, Associate; Nisha Jhawar, Associate; Jaisis Srikrishna Das, Associate; Kriti Sanghi, Associate. Disclaimer: The content of this [&hell...

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Allotment of Securities by Unlisted Companies under Companies Act, 2013

A.  INTRODUCTION: Funding is crucial for corporate, not only to invest and to expand, but also to operate their daily business. When a company needs to raise funds, it may look at various options: debt, equity, venture capital, etc. Equity capital is funds paid into business by investors in exchange of common or preferred stock. […]

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Legal Due Diligence- A Path to a Fair Deal

A. INTRODUCTION: Legal due diligence is the investigation process that is carried out on a target company after the preliminary stage of negotiations are over with regards to a prospective deal. The objective of the legal due diligence is to identify the pros and cons, which tend to help understand the opportunities or threats associated […]

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IBC-Amendment Ordinance, 2020

A. INTRODUCTION: In view of the affected businesses, financial markets and the economy caused due to widespread of Covid-19, uncertainty and stress for businesses have been created for reasons beyond their control, the President of India promulgated an Ordinance dated June 05, 2020, to further amend the Insolvency and Bankruptcy Code, 2016 (“Code”). The Insolvency […]

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Covid-19-EPF Contribution

To mitigate the liquidity crisis during the current severe situation with regard to the tremendous spread of Covid-19, the Government of India has introduced ‘Atmanirbhar Bharat Package’ under which the contribution under Employees Provident Fund & Miscellaneous Provisions Act, 1952 (“EPF Act”) has been reduced to 10% from the existing rate of 12% for all […]

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Lock-Down 4.0-Payment of Wages in Andhra Pradesh, Telangana and Maharashtra

A. LOCK-DOWN 4.0 BY GOVERNMENT OF INDIA: For the best interest of the public in general and as a part of safety measures from the adverse effects of Covid-19, the Government of India, through its notification dated May 17, 2020[1] (“Notification”) has extended the period of lock-down till May 31, 2020[2], however, through the same […]

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Essentials of an Employment Agreement

A. INTRODUCTION: An employment agreement is a legally binding contract which lays down the terms and conditions of employment and establishes an employer-employee relationship. An employment agreement clearly details the roles, responsibilities and obligations of the employer and the employee along with various other terms and conditions. The labour laws do not explicitly mandate the […]

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Regulatory Overview for Foreign Direct Investment

A. INTRODUCTION: Since the 1990s and with the setting up of many multinational companies in India, Foreign Direct Investment (“FDI”) has gained utmost importance with respect to capital inflow into the country. FDI is an investment made by a foreign entity which has business interests in another country. Usually, FDI takes place when an investor […]

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