Financial Services have become a major contributor to the GDP of the country in the recent decades. A huge chunk of investment-pie is taken by the financial services sector. L&S possesses the expertise to advise banks, NBFCs and companies alike on the implications arising under the RBI Act, Banking Regulation Act, FEMA and Prevention of Money Laundering Act. L&S assists in drafting and reviewin...
Lakshmikumaran & Sridharan (L&S)律师事务所擅长于税收法、国际贸易法、知识产权法和公司法。L&S团队由富有经验的律师、研究生和来自科学、技术、商业和法律等不同领域的专业人员组成。
L&S律师事务所成立于1985年，目前在新德里、孟买、班加罗尔、金奈、海德拉巴、艾哈迈达巴德、普纳、加尔各答 和 昌迪加尔。我们的欧洲分所坐落于日内瓦。事务所由V. Lakshmi Kumaran先生及其兄弟V. Sridharan 先生一同创立。
It is predicted that India would in the near future become the second largest trading nation in the world. Trade in goods and services has been very buoyant in India and would continue to be so in the future too. Providing complete and full services to trading clients including regular advise to trading companies (international as well as domestic) on the implications of various laws impa...
7 March 2017
On February 14, 2017, the Insolvency and Bankruptcy Board of India (IBBI) has published draft Regulations applicable to the voluntary liquidation of corporate persons under Part II of the Insolvency and Bankruptcy Code, 2016 (IBC).
Section 59 of the IBC mandates a corporate person to meet such conditions and procedural requirem...
7 March 2017
Currently, SEBI mandates the top 500 listed entities in India (based on market capitalization calculated as on March 31 of every financial year) to prepare a business responsibility report describing initiatives taken from an environmental, social and governance perspective (in accordance with Regulation 34(2)(f) of SEBI (Listing Obligations ...
7 March 2017
20 January, 2015
The Supreme Court of India has, on 9-1-2015, held that a charge created under Section 125 of Companies Act, 1956 shall not be extinguished unless the arbitration award does not explicitly say so. It was held that the consent award in an arbitral proceeding would not bar a suit for enforcement of the charge and it would not be hit by Order II, Rule 2 Code of Civil Procedure, a...
By Aman Parnami
Prior to November 15, 2016, the term “winding-up” was neither defined under the Companies Act, 1956 (“1956 Act”) nor under the Companies Act, 2013 (“2013 Act”).
Section 255 of the Insolvency and Bankruptcy Code, 2016 (“...
By Kanika Shukla and Vidhi Aggarwal
The Companies Act, 2013 (Companies Act) is one of the landmark legislations enacted in recent years to bring forth transparency, ease of doing business and protecting rights of minority shareholders. The Companies Act was, in many ways, perceived as a reaction to the Satyam scam which uncovered...
By Barnik Ghosh and Sreya Bhar
In a further crackdown on the parallel economy that has affected the Indian economy adversely, the Central Board for Direct Taxes (CBDT) on November 1, 2016 has notified the Benami Transactions (Prohibition) Amendment Act, 2016 (Amendment Act). The Amendment Act brings within its purview ...
The setting up and operating of, a corporate entity, require substantial level of compliance with local laws and regulations. In order to ensure complete compliance, companies require fundamental legal services and support in the form of corporate secretarial services, regulatory advice and compliance, assistance in company law matters, agreement drafting and vetting, employment a...
Assocham is organising 9th Annual Meet of Private Equity & Venture Capital Association of India on 29 March, 2017 in New Delhi.
In this event, eminent speakers from both government and private equity industry are expected to participate in discussions on various topics like:
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