News & Views

17 Jul 2019

In a digital world, in a smart city or smart home environment, human life is revolving around data, and law ideally should permit and facilitate every kind of data processing for the growth of digital driven economy.

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19 May 2018

Ministry of Commerce and Industry, Govt. of India through Department of Industrial Policy and Promotion (DIPP), with an intent to building a stronger eco-system for nurturing innovation and growth of the Start-ups in the country, has come up with a new notification (G.S.R. 364(E)) on 11th April, 2018 (“Notification”) dealing with the revised regulatory framework for the Start-up’s in India.

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08 Feb 2018

A JV is a contractual arrangement under which two or more parties undertake an economic activity that is subject to joint control. There are no express or specific regulations for JV's. However, the JV is subject to the legislation specifically regulating the particular legal form it takes and the sector it relates.

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26 Jul 2017

India’s Supreme Court has constituted a nine-member bench to decide on whether the Right to Privacy is a fundamental right. This decision will be an important landmark in the advocacy of privacy rights in our country.

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03 May 2017

In the last couple of months, the Government has mandated the use of the Aadhaar number for availing various government services and benefi ts. It has been made mandatory for fi ling tax returns and for booking air and train tickets, etc.

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28 Jan 2018

Soumitra Banerjee, Group Head taking master class on A step by step guide to drafting a business contract scheduled in Bangalore on 12th January 2018 at Hotel Pride.

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01 Aug 2017

Fox Mandal recently organised an event on “IP Management – Best Practices” at its Bangalore office. Senior IP practitioners from organisations in diverse industry domains addressed a group of over 20 IP practitioners and stakeholders and shared insights and best practices from their industry and organisations. The interactive session also gave the audience an opportunity to engage with the experts to clarify various IP management related issues.

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01 Aug 2017

Fox Mandal Partner Purnima Kamble, who heads the firm’s Hyderabad office, was privileged to felicitate Shri. M. Venkaiah Naidu, in her capacity as a Charter Member of TiE’s newly-launched chapter in Amaravathi, the capital of Andhra Pradesh state. The AP state government is keen to attract start-ups and TiE expects to play an important role in helping create a suitable ecosystem.

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26 Apr 2017

On April 26, 2017, Fox Mandal’s Bangalore office hosted a session on the “Tax and Legal aspects of inward investment in Italy”. Partners from Studio Pirola, a leading Italian tax advisory and legal services firm, spoke on the subject and answered questions from the audience.

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13 Apr 2017

Rajesh Vellakkat, Partner, was invited to be a panellist at KLE Law College’s Lexpert 2017, an event aimed at giving students a practitioner’s perspective of a career in law. Rajesh spoke about the intersection of “technology” and “law” and the resulting opportunities to provide legal services to technology companies. He discussed the scope of “Technology Law” as a practice area and its linkages with other areas such as Corporate Law and IPR Law, and highlighted certain laws that students desirous of pursuing a career in this area must gain expertise in. 

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19 May 2020

For Companies registered under Companies Act, 2013, shall have the option to verify GSTR-3B, filed during the period starting from 21st April 2020 to 30th June 2020, through electronic verification code (EVC).

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30 Apr 2020

Forms (Form 10IC and Form 10ID) for the exercise of lower Income Tax Rate option have been notified vide Notification No. 10/2020 dated 12/02/2020. The companies that wish to avail the beneficial rate of 22 percent under section 115BAA have to file Form 10-IC on or before the due dates mentioned in sections 139(1) i.e. on or before October 31 (extended by Finance Bill 2020 from September 30). Similarly, the new domestic manufacturing companies, incorporated after October 1, 2019, that wish to be taxed under the concessional tax rate of 15 percent under section 115BAB must file Form 10-ID on or before October 31.

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23 Apr 2020

The world economy is experiencing an unexpected recession on account of COVID -19. Many countries, including India, have declared COVID-19 crisis as a national emergency and have issued directions for partial or complete lockdown.

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17 Apr 2020

The Government of India has further extended the country-wide lockdown up to 3rd May 2020 to combat the spread of COVID 19. Strict restrictions have been imposed on mobility and gathering of people is sternly prohibited to supress the contagion. Considering such a scenario, companies struggled with urgent business decisions that required shareholder approvals under the Companies Act 2013 (Act) because convening a physical meeting of shareholders was rendered impossible.

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25 Mar 2020

Fostering the initiatives of the Government of India t o contain the spread of Covid 19 and to address the large scale economic and financial distress caused by this pandemic, the Ministry of Corporate Affairs [“MCA”] has introduced certain relaxations vide amendments to some of the provisions of the Companies Act, 2013

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29 Apr 2020

The Finance Ministry has announced some reliefs in the form of date extensions for businesses to cope up with the difficult times of COVID-19.

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24 Apr 2020

In line with the order of the MHA, the Controller General of Patents, Designs & Trade Marks (CGPDTM) initially issued a Public Notice stating that all the Offices under their administrative control shall remain closed for a period of 21 days with effect from March 25, 2020, which is now further extended to May 03, 2020.

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23 Apr 2020

The sudden outbreak of the pandemic and the nation‐wide lock‐down has put a heavy constraint on individuals as well as the economy. To minimise the impact of the pandemic on the general public as well as business establishments and ensure minimum disruption in the supply chain, many amendments, advisories and announcements have been introduced which would ideally subsist during the containment period but could have long-term implications

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13 Apr 2020

‘Force Majeure’ is a French term which literally means “superior force” and the term is defined in the Collins English Dictionary as an “irresistible force or compulsion such as will excuse a party from performing his or her part of a contract”. It commonly refers to a provision in commercial contracts to mitigate accountability for unforeseen natural and uncontrollable calamities that disrupt the usual flow of events and impede the parties from fulfilling contractual obligations.

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02 Apr 2020

The Black’s Law Dictionary defines ‘Force Majeure’ as ‘an event or effect that can be neither anticipated nor controlled’. It is to be noted that, under Indian law, a ‘Force Majeure’ clause must be expressly provided under the contract and protection afforded will depend on the language of the clause.

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