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THE FOREIGN EXCHANGE MANAGEMENT ACT, 1999 (FEMA)
I. ADOPTION OF FOREIGN EXCHANGE MANAGEMENT ACT (FEMA) BY PARLIAMENT OF INDIA-THE MODUS OPERANDI Foreign Exchange Regulation Act, 1973 (FERA) was introduced with an object of having stringent control...
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Prescribed Electronic Modes for Acceptance of Payment for Business
In furtherance to the declared policy objective of the Government to encourage digital economy and move towards a less-cash economy, CBDT has prescribed Debit Card powered by RuPay; Unified Payments I...
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Intermediary Liability in India
The Information Technology Act, 2002 defines the term intermediary under section 2(w) as follows- "(w) "Intermediary" with respect to any particular electronic message means any person who on behalf o...
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Workplace Leave Policy in India
Labour law is the area of law which signifies the relationship between a worker, trade union and government at large. It plays a major important role in protecting the rights of labour, their union, t...
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Ordinary and Special Resolution
Under Companies Act, 2013, the decisions that are taken by companies fall under the resolutions. A company is an artificial being, so its decision comes in the form of a resolution only. Any such reso...
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How to Register a Company under the Companies Act
Every company, whatever the size and turnover, needs to be registered as specified under the Company’s Act, 2013. There are different types of companies such as Private Limited Company, One Person C...
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Anti-Competitive Agreements Under The Competition Act, 2002
I. INTRODUCTION TO ANTI-COMPETITIVE AGREEMENTS “True economic freedom cannot exist without effective Competition and Investment Regime”. To achieve this objective Government of Indian enacted...
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Cancellation of GST Registration
There are two ways to cancel a GST registration one is on a voluntary basis via filling of application for cancellation and second by authorities in case of non-filing of returns and non- payment of t...
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Memorandum of Association and Article of Association
The history of India Company Law began with the Joint Stock Companies Act 1850. Since then a cumulative process of amendment and consolidation brought us to the most comprehensive and complicated piec...
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