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Archive: 28 March 2022

Posts in 28 March 2022

Directors & Officers Liability Insurance in Present Corporate Scenario

March 28, 2022 22017 Views 3 comments Print

Directors and Officers Liability Insurance, often known as D&O Liability Insurance is a type of a liability Insurance and is a relatively newer concept in the Indian Corporate scenario. Though gaining popularity with each passing day due to the heavy compliances and imposition of liability on the top management of the Company and the rising […]

Crypto currency – Goods or service – Actionable claim or lottery?

March 28, 2022 2421 Views 1 comment Print

Unraveling the complexities of GST on cryptocurrency transactions: understanding the taxability and valuation from a legal perspective.

Doctrine of ‘Sweat of Brow’ under Copyright Act

March 28, 2022 26862 Views 0 comment Print

As you are aware that ‘Copyright‘ constitutes an essential element in the development of a country. The enrichment if the national cultural heritage depends directly on the level of protection afforded to literary, dramatic, musical and artistic works, cinematographic films and sound recordings. The more the protection provided encourages the authors and creators to produce […]

ECB under FEMA

March 28, 2022 14004 Views 1 comment Print

In this article author discusses one of the most interesting and relevant topic ‘External Commercial Borrowings (ECB) and Trade Credits (TC) under FEMA’. Friends, in our previous two sessions, we have discussed on legal and procedural aspects on Overseas Direct Investment (ODI) and Foreign Direct Investment (FDI) and both relates to investment in Capital Investments. […]

HC explains provisions under which insurance company can file appeal against award passed by MACT

March 28, 2022 6132 Views 0 comment Print

insurance company can file appeal against award passed by the MACT only on the grounds mentioned in the provisions of Section 96(2) of the Motor Vehicles Act, 1988. Now the only manner of avoiding liability provided for in Sub-section (2) is by successfully raising any of the defences therein mentioned. It comes then to this that the insurer cannot avoid his liability except by establishing such defences.

SEBI (Buy Back of Securities) Regulations, 2018 For CS Executive

March 28, 2022 31179 Views 0 comment Print

‘Buy-back’ means the purchase of its own shares or other specified securities by a company. A buy-back represent a more flexible way of returning surplus cash to its shareholders as it is governed by a process laid down by law.

Modified version for filing Online Complaints under MahaRera

March 28, 2022 1197 Views 0 comment Print

Modified version for filing Online Complaints under MahaRera, shall now ask the complainants while creating a new registration for Complainant Name, Complainant Middle Name, Complainant Last Name, Complainant Mobile Number and Complainant Email ID in addition to such other details.

Calculation of investment concentration norm for Category III AIFs

March 28, 2022 1041 Views 0 comment Print

Existing Category III AIFs may opt for calculating investment concentration norm based on investable funds with the approval of their trustees or board of directors or designated partners, as the case may be, and inform the same to their investors within 30 days from the date of the issuance of this circular.

Product specifications pertaining to Electronic Gold Receipts

March 28, 2022 276 Views 0 comment Print

The framework, inter-alia, states that the entire transaction in EGR segment has been divided into three tranches. In tranche 1, physical gold will be converted into EGR; in tranche 2, EGR shall be traded on stock exchanges; and in tranche 3 – EGR can be converted into physical gold.

SARFAESI Act can be applied even in respect of loan agreements entered into before it was brought into force

March 28, 2022 3519 Views 0 comment Print

Poorti Rent a Car and Logistics Pvt. Ltd. Vs Kotak Mahindra Bank Ltd. (Bombay High Court) Provisions of the SARFAESI Act can be applied even in respect of loan agreements entered into before such enactment was brought into force, we see nothing in any law to hold that the provisions thereof can never be resorted […]

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