FAQ’s on new CSR Rules
INTRODUCTION Corporate Social Responsibility (CSR) in India has traditionally been a philanthropic activity before introduction of the same under the Companies Act, 2013 (“Act”). The Act has introduced the idea of CSR to the forefront and through its disclose-or-explain mandate, is promoting greater transparency and disclosure. India is the first country in the world to […]
Regulatory Framework Of OTT Platform
INTRODUCTION On 25th February 2021, the Central Government established a set of rules that are to be followed by the Over- The -Top (OTT) Platforms while acting as an intermediary for streaming online content. By virtue of the powers vested under Section 87(2) of the Information Technology Act, 2000 , the Information Technology (Intermediary Guidelines […]
Employment Bond to recovery
INTRODUCTION The corporate world is at battle to outperform in global markets. It is undergoing phenomenal economic and industrial shifts, which has resulted in increased market rivalry. To keep up with the market competition, companies invest heavily in training their employees in order to improve the nature and efficiency of the company’s goods and services. […]
Consumer Protection (E-Commerce) Rules, 2020
A. INTRODUCTION The Consumer Protection Act, 2019 (“Act”) and the Consumer Protection (E-Commerce) Rules, 2020 (“Rules”) have been recently notified by the Ministry of Consumer Affairs, Food and Public Distribution. The Rules have come into effect from 23rd July 2020 and have been framed to complement the provisions laid down in the Act. Significant changes […]
E-Pharmacies-Regulations in India
I. INTRODUCTION: An online pharmacy or rather we call it as E-Pharmacy is an internet-based vendor that sells medicines online, i.e., it operates over the internet and sends the orders to customers through mail, courier or delivery persons. These contemporary times are witnessing a huge surge in E-commerce, including the sale of prescription and non-prescription […]
Listing of Non Convertible Debentures by Private Companies
Funding is crucial for a 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 such as debt, equity, venture capital etc. Debt financing is done by way of issuing various bonds, debentures, bills or notes. Compared […]
Law on Prevention of Sexual Harassment at Workplace in India
A. INTRODUCTION With the immense increase in employment of women at workplaces in India, the sexual harassment against women in India has reached greater heights and dimensions. Sexual harassment against women is a violation of the provisions of the constitution of India. Such harassment against women at workplaces creates uncomfortable and hostile working conditions impeding […]
Legality of Online Fantasy Sports League Games In India
A. INTRODUCTION: Online fantasy sports league games are no longer something that India witnesses as an alien concept. It is an industry that is booming and has witnessed a surge in the Indian market in the recent past and still growing. This surge in the number of users of fantasy sports is due to the […]
Enforcement of Arbitration Award and Decrees in India- Domestic and Foreign
A. INTRODUCTION: A domestic award is basically a result from an arbitration held in India, in accordance with provision of Part-1 of the Arbitration and Conciliation Act, 1996 (“Act”). Given the scheme of the Act, Part I would apply only to cases where the place of arbitration is in India. Section 2(2), mandates that part-I […]
Scheme of Arrangement during Liquidation under Companies Act, 2013
A. INTRODUCTION: Section 390 of the erstwhile Companies Act, 1956 which has now been replaced by Section 230 of the Companies Act, 2013 (“CA, 2013”), lays down that a scheme of arrangement can be proposed by a liquidator of a company, undergoing liquidation by filing an application before the National Company Law Tribunal (“NCLT”), to […]
