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Corporate Law

Corporate Law

June 19, 2018
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Series on Boiler Plate Clauses – Part 1

Clauses that usually appear at the end of a contract are called Boiler Plate Clauses. Although often grouped together, boilerplate provisions don't have much in common with one another except that they don't fit anywhere else in the agreement. For that reason, they are usually clubbed together at the end of the agreement under a title such as "Miscellaneous," "General," or "Standard." Most boilerplate clauses clarify the relationship between the contracting parties. Typically, when a dispute arises it is these boiler plate clauses which are first referred to. The effect of a boilerplate clause is most often noticed when it is omitted from a contract. In the present series, we are focusing on four significant boiler plate clauses of a contract – assignment, severability, notices and force majeure....
January 15, 2018
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Changes to the FDI Policy 2017

A number of amendments to the FDI Policy, 2017 have been approved by the Union Cabinet. Single Brand Retail Trading no longer requires government approval for FDI....
October 23, 2017
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FDI India Entry Options

India is an attractive destination for Foreign Direct Investment (FDI). A foreign entity can establish its presence in India, depending on the proposed activities of such entity, either through the opening of a liaison office, a project office, a branch office or by directly investing in an Indian company or a partnership firm or a LLP. Here is a brief overview of each of the aforesaid entities and the activities permitted to be carried on by them....
October 14, 2017
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Fast Track Insolvency Resolution Process for Start-ups

While 2015 was a year of big-ticket funding rounds, 2016 is a year that was harsh reality for India’s startup ecosystem: 212 start-ups did not survive to see 2017. Majority of start-ups fail, making investing in start-ups risky for investors. In a bid to ease recovery of dues from start-ups and enable faster exit, on June 14, 2107 the Central Government notified the provisions of the Fast Track Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016....
July 7, 2017
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RERA Act: A Step in Reforming the Indian Real Estate Se...

RERA, a breakthrough reform in the real-estate sector, brings relief to homebuyers. Issues of delayed possession, ambiguity in carpet area, unfair practices, questionable documentation and permissions, will now in all probability be addressed in favour of the consumer. This brings about a much-needed transparency and structure to this otherwise disorganized system. ...
March 9, 2017
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Easing Labour Compliances

The Ease of Compliance Rules enables employers to maintain consolidated registers instead of the larger number required before. The government recognized the need to simplify and expedite compliances under the nine national labour laws....