India does not have a comprehensive legislation for the protection of privacy of an individual. Article 21 of the Constitution of India has been extended to include the right to privacy as a fundamental right available under the Constitution. However, being a fundamental right, it can only be enforced only against the State. The legal... Continue Reading →
Who’s heard the Good News? Maternity Benefit Amendments: An Insight
In, what is one of the most progressive steps for working women, the Parliament has passed Maternity Benefit (Amendment) Act 2017 (“Amendment Act”). The Amendment Act received presidential assent on 27th March 2017 and was published in the official gazette on 28th March 2017. The Ministry of Labour and Employment has issued further Maternity... Continue Reading →
Maintenance of Register under various labour laws
In the era of ease of doing business in India, the labour ministry has finally simplified procedures in relation to the maintenance of registers under various labour laws prevalent in India. Ministry of Labour and Employment on 21st February, 2017 has notified the Ease Of Compliance To Maintain Register Under Various Labour Law Rules, 2017... Continue Reading →
UPDATE: Companies (Incorporation) Amendment Rules, 2017
The Central Government has a few days ago made amendments to the Companies (Incorporation) Rules, 2014, by substituting the extant Rule with the following text in Rule 18: “The Certificate of Incorporation shall be issued by the Registrar in Form No.INC-11 and the Certificate of Incorporation shall mention permanent account number of the company where if it is... Continue Reading →
Start-up Investment: Essentials of a Term Sheet and Methods of Valuation – An Indian Perspective (Part 2)
Valuation matters to entrepreneurs because it determines the portion of their company they have to give away to an investor in exchange for money. Ascertaining the most appropriate method of valuation of the securities of a company is in the event of receipt of an investment or sale of existing securities is an essential part of any transaction. This is also a statutory requirement.
Start-up Investment: Essentials of a Term Sheet and Methods of Valuation – An Indian Perspective (Part 1)
The term sheet is intended to reflect the desires and concerns of the parties in a manner which is mutually agreeable to the participating parties.
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