This article aims to give a brief overview of the Agency Problem as it exists in the Indian scenario. We will be analysing the three different types of agency problems and also discuss the best legal strategies to resolve them....

This article will enlighten the procedure & requirements for Udyam Registration applicable for (new & re-registration for existing) MSME’s along with the revised definition of Classification of an enterprise as MSME....

Background In recent years Mergers & Acquisitions have been continuously happening in corporate space. Research suggests that global M&A activity has seen a tremendous growth in the last 10 years. In terms of overall value and number of deals, FY19 stood at almost $ 3500bn across 2000 transactions vis-a-vis FY09 with merely $ 1750...

Introduction Enacted laws, especially the modern acts and rules, are drafted by legal experts and it could be expected that the language used will leave little room for interpretation or construction. But the experience of all those who have to bear and share the task of application of the law has been different. It is […]...

Starting one’s own business is a dream for many. If we talk only about India, According to a Randstad Workmonitor survey, 83 per cent of Indian workforce would like to be an entrepreneur. This is higher than the global average of 53 per cent. 56 per cent said that they are considering leaving current Jobs […]...

It’s very common for businesses to set up an entity in foreign nationals in order to expand their businesses. The reason behind that is simply to take the advantage of foreign exchange differences. Setting up an entity also offers numerous advantages such as tax benefits or to increase the Creditability of one Brand. Hence most [&he...

The Government has issued a fresh Notification No. S.O. 3265(E) dated 24th September, 2020 extending the suspension of Sections 7, 9 and 10 [meant no fresh insolvency filings could be made by financial creditors, operational creditors, and the corporate debtor itself] of the Insolvency and Bankruptcy Code by another three months. The susp...

Corporate insolvency resolution process (CIRP) can be commenced when a corporate debtor commits a default – section 4(1) of Insolvency and Bankruptcy Code, 2016 (IBC). The default should be minimum Rs. one lakh. The amount can be increased by Central Government but shall not exceed Rs. one crore – proviso to section 4(1). &#...

In order to address some recurring issues, and to promote further commercial incentive for Private players to enter the market in the generation, distribution and transmission of electricity, with some policy modifications, the Electricity (Amendment) Bill, 2020 has been introduced by the Ministry of Power on April 17, 2020 (Amendment). T...

WITHDRAWAL OF PROVIDENT FUND Employee Provident Funds Scheme, 1952 Chapter VIII of the Employees’ Provident Funds Scheme, 1952 provides the purposes for which Provident Fund (PF) can be withdrawn by the member employee, such as: Para 68 B/BB/BC Housing Loan/ Purchase of site/House/Flat or for construction/ Addition, alteration in existi...