The Committee under the chairmanship of Dr.. Kasturirangan submitted its Draft National Education Policy on March 31, 2019. This Committee was constituted by the Ministry of Human Resource Development in June, 2017. Vision: The National Education Policy, 2019 envisions an "India centred" education system that contributes directly to transforming our nation sustainably into an equitable […]
A reverse merger is a non-traditional method of going public. Instead of hiring an underwriter to market and sell the company’s shares in an initial public offering (“IPO”), a private operating company works with a “shell promoter” to locate a suitable non-operating or shell public company. 1. The private operating company then merges with the […]
Protection against copyright infringement is immensely important as any work of art of a person carries a personal reflection of that person and any unauthorized interference with his work can pose a serious challenge to his personality and reputation. The world has turned into a digital hub now. Most of the activities are done and […]
FinTech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the Internet. Platforms like Bankbazaar, Kissht and AEON began providing its service by keeping inventory of options — like personal loans, house loans, loans for […]
The India Bilateral Investment Treaty 2016 (the “BIT 2016”)[1] significantly changed outlook towards investment treaty disputes. It contains 7 chapters into 38 articles. The BIT 2016 only applies to investments in existence as of the date of entry into force of this Treaty; and investments established, acquired, or expanded thereafter. The investments must qualify as […]
Legal Aspect of Indian Medical Device Sector - Indian medical device sector is considered as Asia’s fourth largest market. At present, multi-national companies prevail India’s medical device sector, which is evident from the fact that about eighty percent of the sales are generated by imported medical devices. On the contrary the domestic entities focus on […]
Royalty payments to related parties - The Securities and Exchange Board of India (“SEBI”) vide notification no. SEBI/LAD-NRO/GN/2019/07 dated March 29, 2019 has issued the SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2019[1]. As a result of the amendment to Regulation 23(1A), with effect from July 1, 2019, payments made to related parties by […]
Vide a press release, the Reserve Bank of India (“RBI”), on April 18, 2019 released the draft of Enabling Framework for Regulatory Sandbox[1] Principles and Objectives - Enabling Framework for Regulatory Sandbox A Regulatory Sandbox (“RS”) usually refers to live testing of new products or services in a controlled/test regulatory environment for which regulators may […]
