While it can be appreciated that this amendment however is a step by the Indian Government to curb opportunistic takeovers/acquisitions of Indian companies, implementation of the same will have to be judiciously done, the notification has created a two faced dilemma.
Covid-19 Update: Lock-down 3.0
The validity of license granted under the Contract Labour (Regulation and Abolition) Act, 1970 and the Inter-State Migrant Workmen (Regulation of Employment and Conditions of Service) Act, 1979 have been extended upto 31st May 2020, for those licenses whose renewal falls in the months of March, April and May 2020.
Covid 19 Fallout: What To Expect From Your Force Majeure Clause – Recent Guidance from Courts
These cases, probably the first amongst a flurry that are yet to come, establish beyond doubt that force majeure is not a blanket concept to be applied uniformly to the situation arising out of Covid–19 and each case will have to be appreciated on its specific facts.
FUND RAISING UNDER COMPANIES ACT, 2013
The nature of instrument to be issued by a company depends to a large extent on the valuation of the company obtained through different mechanisms.
We are pleased to announce that India Business Law Journal’s 2020 Indian Law Firm Awards has named Agama Law Associates as a winner in the category of Private Client Practice. We thank our clients for their trust and faith in us.
COVID-19 Update: State of Maharashtra
The relaxations issued under the Guidelines have been withdrawn in the Mumbai Metropolitan Region and Pune Metropolitan Region, as a large number of people had commenced commuting due to these relaxations which posed imminent threat of further spread of COVID-19 in these regions.
COMMERCIAL LAW BLOG 