Micro Small & Medium Enterprises MSMEs have played a vital role in our economy and with low investment, it is giving the maximum employment in the country providing wide area of products and services. During the lockdown, the MSMEs are suffering because of the sudden break in operations, thereby creating a situation of panic. Some […]
What does the economy need? For an economy to grow and its consumer society to prosper, intellectual property serves as an underpinning factor for the country. To fight the present Pandemic, it is even more quintessential as it is a fundamental instrument to help nations fight together. Globally, the pharmaceutical and biotechnological companies are striving […]
M/s. Fibre Boards (P) Ltd. Bangalore Vs. CIT (Supreme Court), Civil Appeal Nos. 5525-5526 of 2005, Dated- 11th August 2015 BACKGROUND Prior to 01.04.1988 Section 280ZA of the Income Tax Act, 1961 (‘Act’) provided that any company owning an industrial undertaking situated in an urban area, is entitled for a tax credit certificate with reference […]
Credit Rating Agencies 1. Are there any relaxations/exemptions provided by the Securities and Exchange Board of India (SEBI) to the Credit Rating Agencies registered with SEBI due to the pandemic Covid-19? Answer: Considering the outbreak of Covid – 19 and the 21 day lockdown in India, the Reserve Bank of India (RBI) had permitted moratorium […]
Transport of Essential Commodities -What is an Essential Commodity? -What is included under essential commodities? -What is the situation during lockdown period? -How does the transport sector work? Essential Commodities? The Essential Commodities Act, 1955 was enacted in the interest of general public for the control of production, supply, distribution, trade & commerce of specific […]
PANDEMIC LEGAL INTELLIGENCE & BUSINESS RISK ASSESSMENT Join us for a Webinar on 16th April, 2020 (Thursday) 4.00 P.M. to 5.30 P.M. Register at below (No Charges) https:\\bit.ly/2XvkZjJ BEST STRATEGIES and an INFORMED DECISION matters the most! The pandemic crisis of COVID-19 has brought business houses and legal professionals on their toes to assess the […]
FOOD SUPPLIES 1. Whether the food supplies will be available during the period of complete lockdown? Answer: Yes, Ministry of Home Affairs vide order no 40-3/2020-DM-I(A) dated 26.03.2020 has issued directions in reference to the complete lockdown, that supplies of essential commodities such as food supplies, medicines etc. will continue to take place with proper […]
Relaxations/Exemptions by SEBI 1. Are there any extensions/relaxations provided by the Securities and Exchange Board of India (SEBI) in view of the pandemic COVID-19? Answer: In view of the pandemic COVID-19 and the 21 day lockdown in the country, SEBI has issued certain circulars wherein relaxations are provided in the regulations pertaining to SEBI (Listing […]
Agreements being the heart and soul of a business, they need to be enforceable documents. The enforceability of such documents are subject to the satisfaction of the provisions under the Indian Stamp Act,1899 read with the Registration Act, 1908.
Force Majeure Evaluation Is your business immune to covid-19 risk implications? Have you rightly invoked the force majeure? Have you correctly identified the events of the force majeure? The background for this evaluation can be understood with the aid of legislation, precedents, recent developments, contract, etc. What’s Force Majeure in Indian law? Force majeure means […]
