#BulletinBoard – May 21, 2019 (MCA notifies the Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2019 and more)

MCA notifies the Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2019 ●Existence of tortious claims is not a ground to permit a party to opt out of arbitration ●Generic terms and expressions as part of registered trademarks not entitled to exclusive monopoly over usage under Section 28 of the Trademark Act

#BulletinBoard – May 06, 2019 (Form AGILE likely to be revised with effect from May 05, 2019: MCA and more)

Form AGILE likely to be revised with effect from May 05, 2019: MCA ● Violation of TikTok’s undertaking to remove inappropriate materials would amount to contempt of Court: Madras HC ● Bombay HC grants ex-parte interim injunction for copyright infringement of a sound recording● New income-tax relaxations proposed to help start-ups raise funds: DPIIT

#BulletinBoard – April 03, 2019 (SC quashes RBI’s Feb 12 notification that directed banks to initiate insolvency proceedings if debt is not resolved within 180 days and more)

SC quashes RBI’s Feb 12 notification that directed banks to initiate insolvency proceedings if debt is not resolved within 180 days ● Municipalities’ employees are entitled to gratuity under the Payment of Gratuity Act, 1972: SC● WIPO launches AI based image search option for identifying similar logos.

#BulletinBoard – March 19, 2019 (Karnataka increases consumer price index. Will impact employee’s dearness allowance and more)

Karnataka increases consumer price index. Will impact employee’s dearness allowance ● Labour ministry reiterates that ceiling of gratuity has been increased from ₹10 Lakh to ₹20Lakh ● Labour Ministry notifies the Payment of Bonus (Amendment) Rules, 2019 filings to be done electronically ●Del HC restrains entity from airing false and misleading advertisements

#BulletinBoard – March 07, 2019 (Start-ups that received notices will also be exempt from angel tax if compliant with the recent DPIIT Notification: CBDT and more)

Startups that received notices will also be exempt from angel tax if compliant with DPIIT Notification● Assessee liable to prove that share premium is not unaccounted money: SC● Companies with nominal share capital of INR 15 lakhs need not pay any application fee for incorporation

BulletinBoard – February 12, 2019 (NCLT carves out an exception for applicability of Limitation Act to Insolvency Application and more)

NCLT carves out an exception for applicability of Limitation Act to Insolvency Application ● Rule prohibiting companies and partnership firm not formed for the specific purpose of valuation from conducting valuation is constitutionally valid: Delhi HC ● Legality of Fantasy Sports can be decided by state governments: Central Government

#BulletinBoard – February 06, 2019 (Government to set up working group to find solution for angel tax conundrum and more)

Govt to set up working group to find solution for angel tax conundrum ● Directors who receive remuneration are also employees under ESI: SC ● NCLT cannot look into the justness of rejecting a resolution plan under IBC: SC ● Delhi HC awards compensation of INR 3.85 crore for continued trademark infringement

BulletinBoard – January 23, 2019 (Online submission of Literary/Dramatic and Artistic Work and related documents now permitted and more)

● Online submission of Literary/Dramatic and Artistic Work and related documents now permitted ● Government directs Google and Facebook to remove fake content on food quality ● Google fined USD 56.8 million by French regulator for violating GDPR ● Private Hospitals Are Covered Under Payment of Gratuity Act: Kerala HC ● Supreme Court on doctrine of ‘notional extension’ of employment ● No Sales Tax can be levied on medicines, implants, consumables, surgical tools used in medical procedures: Kerala HC

#BulletinBoard – January 16, 2019 (Shashi Tharoor introduces private member bill to regulate online gaming and more)

●Shashi Tharoor introduces private member bill to regulate online gaming ● Social media platforms required to delete misleading information within 24 hours: MeitY ● RBI to review WhatsApp adherence to data localisation norms ●Amazon, Flipkart seek extension on Feb 1 deadline for implementing amended FDI Rules

January 03, 2019 (Madras HC stays ban on online sale of medicines and more)

● SC - Retrenched employee cannot claim re-employment at the time of regularization of an existing employee ● Madras HC stays ban on online sale of medicines. ● Kerala HC - Maternity Benefits cannot be denied to contractual employees ● Small Restaurants file petition before the CCI against Swiggy, Zomato, and others for alleged misuse of Dominant Position.

Section 25F of the Industrial Disputes Act to not apply where employees abandon their service, and more

1. Supreme Court decides Section 25F of the Industrial Disputes Act will not be applicable to employees who voluntarily abandon their service 2. E-Commerce companies to not collect the tax from suppliers with annual turnover less than Rs 20 Lakhs 3. Government, RBI looking to introduce QR code AADHAAR for electronic-know your customer purpose (“e-KYC”)

#BulletinBoard - November 22, 2018 (In today’s edition, PCB’s claim against BCCI for the failure to play bilateral series in 2014 and 2015 denied by the ICC’s Dispute Resolution Committee and more)

(1) PCB’s claim against BCCI for failure to play bilateral series denied by ICC (2) McDonald’s franchisee made illegal profit by denying benefit of GST (3) Companies not reporting data breaches may have to pay hefty fines (4) Government having meetings with social media companies to tackle misinformation

#BulletinBoard - October 29, 2018 (In today’s edition, we cover MCA notifies the commencement of National Financial Reporting Authority and more)

(1) MCA notifies the commencement of National Financial Reporting Authority (2) NPCI restricts the number of peer to peer transactions to 10 per day (3) Drug Controller Sends notice to major E-Commerce websites for selling spurious cosmetics (4) Is royalties “copyright” within the meaning of the Copyright Act, 1957? Calcutta High Court order in Vodafone-IPRS case raises this question (5) ‘Right to Sit’ for employees in Kerala (6) DoT asks telecom companies to stop Aadhaar based re-verification

#BulletinBoard (October 16, 2018)

In this edition of the Bulletin Board we cover “Petition filed in Delhi High Court for regulation of content on web streaming services”, “Supreme Court reiterates that the court deciding a petition under Section 34 of the Arbitration Act has no jurisdiction to remand the matter back to the arbitrator”, “No Intellectual Property Right in Customer Lists: Delhi High Court Judgment favouring employees”

Bulletin Board  (October 11, 2018)

In this edition of the Bulletin Board we cover “Supreme Court orders assessment of “Live Transcription” technology for recording evidence”, “Supreme Court holds that Specific Performance with respect to Developer Agreements can be availed by the Developer” and “President of India approves new Telangana law to include online rummy within the ambit of dangerous games.”

Bulletin Board  (October 09, 2018)

In this edition of the Bulletin Board we cover “Supreme Court holds that for specific performance of a contract, plaintiff has to prove his readiness and willingness to perform his part of contract throughout”, “Supreme Court directs the Reserve Bank of India to inform its plan of lowering the floating rates for loans to the advantage of consumers”, “Bombay High Court issues Notice to the Central Government over a Public Interest Litigation seeking regulation of web content.”

Bulletin Board (Ocober 04, 2018)

In this edition of the Bulletin Board we cover “Supreme Court appoint arbitrator for term sheet dispute”, “Supreme Court upholds validity of GST (Compensation to States) Act, 2017”, “NSE to test E-Voting using blockchain technology”, and “Trump administration sues California over its net neutrality law”

Bulletin Board (September 27, 2018)

In this edition of Bulletin Board we cover “Supreme Court upholds the validity of the Aadhaar Act, 2016”, “Supreme Court allows live streaming of cases of constitutional importance” and “Cabinet approves the National Digital Communications Policy 2018 and re-designation of the Telecom Commission as the Digital Communications Commission”.

Bulletin Board (September 25, 2018)

In this edition of the Bulletin Board we cover “Gujarat High Court strikes down GST provision denying transfer of excise duty credits on goods purchased prior to June 30,2016”, “Bombay High Court imposes fines on pharma companies for repeated infringement of copyright and selling illegal drugs” and “CBDT extends date for filing IT returns and audit reports from September 30, 2018 to October 15, 2018”

#BulletinBoard (September 22, 2018)

In this edition of the #Bulletin Board we cover “Supreme Court Rules that back wages cannot be claimed as right on reinstatement of service”, “MCA Notifies the Commencement of Section 37 of the Companies (Amendment) Act, 2017” and “Copyrightability of film titles: Delhi High Court advises producer bodies to consider framing guidelines”.

#BulletinBoard (September 19, 2018)

In today's edition of #BulletinBoard we cover “Supreme Court rules that arbitration must be prioritised if a contract provides for multiple dispute resolution mechanisms”, “NCLT seeks clarity from IBBI on whether corporate debtors may initiate corporate insolvency resolution proceedings against defaulters”, and “SEBI caps the maximum Total Expense Ratio that mutual funds may collect from investors”

#BulletinBoard September 14, 2018

In this edition of the Bulletin Board we cover “Supreme Court Rules that Stamp Duty Not Necessary for Enforcement of Foreign Arbitral Awards”, “MCA Notifies the Commencement of Sections 66 to 70 of the Companies (Amendment) Act, 2017”, “MCA Notifies the Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2018”, and “The Central Board of Indirect Taxes and Customs Notifies October 1 as the Date for Implementing the TDS and TCS Provisions under the GST Law

#BulletinBoard (September 05, 2018)

On today's edition of #BulletinBoard we cover “Allahabad HC on Applicability of IBC on Power Sector”, “Delhi HC on Jurisdiction for Trademark Infringement”, and “Delhi HC on Oral Agreements Superseding Arbitration Agreements”.

#BulletinBoard (August 27, 2018)

On today's edition of #BulletinBoard we cover “NCLAT Admits Cyrus Mistry’s Appeal”, “Supreme Court on Sale of Property by Karta”, “Supreme Court on Appointment of Arbitrator”, and “Committee on Review of Penal Provisions of Companies Act, 2013 Submits Report”.

#BulletinBoard (August 20, 2018)

On today's edition of #BulletinBoard we cover “President Gives Assent to IBC Amendment “, “Supreme Court on IBC 2016”, “Kerala HC on Penalty and Detention Under CGST Act”, and “Mandatory Disclosure of Compliance With Sexual Harassment Act”.

#BulletinBoard (August 10, 2018)

On today's edition of #BulletinBoard we cover “CCI Approves Walmart-Flipkart Deal”, “SC Approves new BCCI Draft Constitution”, “SC on Period of Limitation in Arbitration and Conciliation Act, 1996”, and “Kerala HC on Transferability of Properties During Dissolution of Partnership”.

#BulletinBoard (August 8, 2018)

On today's edition of #BulletinBoard we cover “Madras HC on Disqualification of Directors”, “MCA Notifies Amended Private Placement”, and “No Reverse Charge on Supply of Goods and Services by Unregistered Person.”

#BulletinBoard (July 25, 2018)

On today's edition of #BulletinBoard we cover “Parliament Passes Specific Relief Amendment Bill 2018”, “Lok Sabha Passes Amendment to Negotiable Instruments Act, 1881”, “TRAI Asks Operators to Employ Blockchain for Controlling Spam.”, “Delhi HC Orders CBDT to Allow IT Assesses to Opt Out of Aadhar – PAN Linkage”.

#BulletinBoard (July 20, 2018)

On today's edition of #BulletinBoard we cover “Government Likely to Withdraw FRDI Bill”, “Cabinet Approves Insolvency and Bankruptcy (Amendment) Bill, 2018”, “Lok Sabha Approves Fugitive Economic Offenders Bill”, and “Introduction of Bill to Check Unregulated Deposits”.

#BulletinBoard (July 16, 2018)

On today's edition of #BulletinBoard we cover “NCLT Gets 12th Bench in Cuttack”; “Commencement Notification for Sections 75, 76 of Companies (Amendment) Act, 2017”; and “MCA Constitutes Committee to Review Offences under Companies Act, 2013”.

#BulletinBoard (July 13, 2018)

On today's edition of #BulletinBoard we cover “CBDT and CBIC Raise Threshold Limit for Filing of Appeal ”, “Justice Srikrishna Committee to Table Data Protection Bill”, and “Delhi HC on Frustration of Contract”.

#BulletinBoard (July 09, 2018)

On today's edition of #BulletinBoard we cover “MCA Amends Companies (Registration Offices and Fees) Rules, 2014”, “Cabinet Accedes to WIPO Treaties ”, “NCLT Rejects Cyrus Mistry’s Petition Against Tata Sons”, and “Jharkhand Government to Set Up VC Funds”.

#BulletinBoard (July 4, 2018)

In today's edition of #BulletinBoard we cover “Supreme Court refuses to grant interim relief on RBI circular on Cryptocurrency”, “Jaitley hints at rationalising GST Rates as revenues surge”, and “Odisha government to partner with Google to boost its start-up eco-system”.

#BulletinBoard (July 2, 2018)

On today's edition of #BulletinBoard we cover “Due Date for Linking Aadhaar with PAN Extended”, “Government to Carry out KYC of Company Directors”, “Suspension of TDS and TCS Extended”, and “Reverse Charge Deferred”.

#BulletinBoard (June 27, 2018)

On today’s edition of #BulletinBoard we cover “Karnataka HC on Determination of Transfer Pricing by High Court”; “Kerala HC on Withdrawing Resignation Before ‘Effective’ Acceptance”; “Delhi HC Dismisses Plea Seeking Stay on DDCA polls”; and “NCLT admits Insolvency Proceedings against Uttam Galva Subsidiary”.

#BulletinBoard (June 26, 2018)

On today’s edition of #BulletinBoard we cover “IBBI Refuses To Register IP Under Criminal Proceedings”; “Alok Industries Insolvency Proceedings”; “Uttam Galva Steels Insolvency Proceedings”; and “BSE to Facilitate Listing for Tech Start-ups”.

#BulletinBoard (June 25, 2018)

On today’s edition of #BulletinBoard we cover “Implementation of Tax Collection at Source for E-commerce Companies Deferred”; and “SC on Bar Association’s Right to Prohibit Advocate From Representing Individuals”.

#BulletinBoard (June 05, 2018)

On today's edition of #BulletinBoard we cover “IBBI Issues Guidelines for Appointment of IRPs”, “MCA Provides Clarification on CSR”, and “UIDAI Limits Digital Payment Companies’ Access to Aadhaar Data”.

#BulletinBoard (May 29, 2018)

On today's edition of #BulletinBoard we cover, “Chartered Accountants No Longer Allowed to Value Unquoted Shares”, “CAIT Objects Against Flipkart-Walmart Deal to CCI”, and “Extension of Deadline for Suggestions to Task Force Set Up for New Direct Tax Law”.

#BulletinBoard (May 25, 2018)

In today’s edition of #BulletinBoard, we cover “The New Eligibility Regulations for Female Classification by IAAF”, “SEBI Circular on Segregated Nominee Account Structure in IFSC”, and “TRAI Tariff Order and Interconnection Regulations upheld in the Madras High Court”

#BulletinBoard (May 24, 2018)

In today's edition of #BulletinBoard we cover “Union Cabinet Approves Ordinance to Amend IBC”, “SEBI Allows Clearing Corporations to Invest in Foreign Sovereign Securities”, and “Microsoft Privacy Policy Under Scrutiny in Supreme Court”.

#BulletinBoard (May 22, 2018)

In today's edition of #BulletinBoard we cover "E-sellers Petition CCI Against Anti-Competitive Practises of Flipkart”; “Parliamentary Standing Committee Invites Comments on Data Security & Privacy”; “Netherlands Collaborates With Startup India”; and “MCA Gives Clarification on Condonation of Delay Scheme”.

#Bulletin Board (May 21, 2018)

In today’s edition of #BulletinBoard we cover “Karnataka HC on Valuation of Goods and Quantum of Penalty”, “NCLT on Applicability of IBC on Juristic Person”, and “SC Imposes Fine on Google, Facebook, WhatsApp, Microsoft and Yahoo”.

#BulletinBoard (May 18, 2018)

In today’s edition of #BulletinBoard, we cover “Draft Guidelines Issued by the Copyright Office for Examination of Copyright Applications in Different Categories of Works”, “Extension of Deadline for Furnishing Information for Monitoring of Foreign Investment Limits in Listed Indian Companies”, “Permissible Activities While Setting Up of IFSC Banking Units”

#BulletinBoard (May 14, 2018)

In today's edition of #BulletinBoard we cover “SEBI’s Master Circular on Underwriters”, “SEBI Implements Recommendations on Corporate Governance”, and “Facebook Responds to MEITY’s Second Notice”.

#BulletinBoard (May 08, 2018)

In today's edition of #BulletinBoard we cover "MCA Notification on Late Fees”, “SC on Maintenance of Civil Suits After Initiation of SARFAESI Proceedings”; “Delhi HC Dismisses Centre’s Plea Against Vodafone”; and “Another Cryptocurrency Company Moves Delhi HC Against RBI”.

#BulletinBoard (May 04, 2018)

In today's edition of #BulletinBoard we cover "SEBI Stipulates Risk Management Measures for Derivatives”, “Telecom Commission Approves In-Flight Wi-Fi”; and “E-commerce Companies Served Notices for Non-Compliance With Packaging Rules”.

#BulletinBoard (May 01, 2018)

In today's edition of #BulletinBoard we cover "RBI Relaxes ECB Norms”, “SEBI Extends Deadline for Companies to Submit Information Under Monitoring of Foreign Investment Limits Scheme”; and “MCA Extends Deadline for Filing AOC-4 XBRL”.

#BulletinBoard (April 25, 2018)

In today's edition of #BulletinBoard we cover "RBI Updates Master Directions for KYC”, “Bombay HC on Jurisdiction of Court to Execute Arbitral Award”; and “MP HC on Leniency Shown to Litigants for Procuring Incorrect Legal Advice”.

#BulletinBoard (April 17, 2018)

In today's edition of #BulletinBoard we cover "DIPP Notification on Startups”, “Income Tax Act Provision to Impact Angel Investors”; ‘SEBI to Revise Regulations on Buy-Back of Securities”; “SC on Specific Performance and Permanent Injunction”; “SC on “Government Works” under Copyright Act”; and “Delhi HC Invalidates Monsanto’s Bt Technology Patent”.

#BulletinBoard (April 06, 2018)

In today's edition of #BulletinBoard we cover "RBI on Cryptocurrencies”, “SEBI on Monitoring Foreign Investment in Listed Companies”; “MCA Constitutes Steering Committee for CSR”; “MCA Revised Format of e-Forms”; “Star India Wins Indian Cricket Broadcasting Rights”; and “APMC Reforms Opposed in Maharashtra”.

#BulletinBoard (March 23, 2018)

In today's edition of #BulletinBoard we cover "Specific Relief (Amendment) Bill, 2017”, “Payment of Gratuity (Amendment) Bill, 2017”, “Industrial Employment (Standing Orders) Central (Amendment) Rules”; and “Supreme Court on RTI Applications”.

#BulletinBoard (March 21, 2018)

In today's edition of #BulletinBoard we cover "Draft Companies (Authorised to Register) Amendment Rules”, “IRDA on Linking AADHAR with Insurance”, “SC on Recovery for NPA under SARFAESI”; and “Kerala HC on Maternity Leave”.

#BulletinBoard (March 07, 2018)

In today's edition of #BulletinBoard we cover "SC on Computation of Compensation Award", "Delhi HC upholds Delhi Metro Arbitration Award”, “Andhra Govt. on Blockchain” and “Government Sets Up Fintech Committee”.

#BulletinBoard (March 5, 2018)

In today's edition of #BulletinBoard we cover “RBI on Repo”, “SC on Sub Judice”, “SC on Financial Institution under SARFAESI”, “Bom HC on Conviction in Foreign Courts” and “Mad HC on Copyright in Film Titles”.

#BulletinBoard (March 01, 2018)

In today's edition of #BulletinBoard we cover “SEBI on Minimum Public Shareholding”, “SC on NHAI Arbitration Conflicting Awards”, “TRAI on Ease of Doing Business”, “RBI on PPI KYC Deadline” and “MCA’s Amendment to Companies (Accounts) Rules, 2014”.