Sherin Jose

It is a known fact that the majority of the spices that are marketed in the world are produced in India. India is the biggest importer of spices in the world, contributing to almost 70% of the spices made around the globe. Indian cuisine is incomplete without its spices, due to which the demand for […]

The Ministry of Corporate Affairs (MCA) notified the Companies (Accounts) Amendment Rules, 2023, on 20 January 2023 to amend the Companies (Accounts) Amendment Rules of 2014. The MCA amended the latter in the exercise of the powers conferred upon it under various provisions of the Companies Act of 2013, namely Section 128 (1) and (3), […]

Establishing and running a successful business involves taking into consideration diverse aspects and planning with regard to, among other things, the financial, technical, managerial, social, and production aspects of the business. It is imperative to have a project report in place while setting up a business, as it is the most crucial part of turning […]

The Reserve Bank of India, or the RBI[1], has made changes to incorporate foreign contribution regulation act-related transaction codes in the art RTGS and NEFT systems. The instructions were issued under Section 10 (2) along with Section 18 of the Payment and Settlement Systems Act of 2007. These changes have been made to incorporate the […]

Share certificates are issued to purchasing shareholders after a company issues shares in the market. A share certificate is a proof or receipt of the purchase of shares for the purchase and the ownership of shares in a company. Shares certificates document that the purchaser of shares is the registered owner of those shares from […]

The Factories Act was enacted in 1948 with a view to protecting the welfare of factory workers by regulating working conditions, employment conditions, working environment and other welfare conditions for specific industries. The Factories Act is a social legislation that covers the overall safety, health and welfare of factory workers. It lays out safety measures […]

The terms auditing and investigation are often widely used in accounting with respect to a systematic examination of data. It may seem that auditing and investigation are one and the same things. Although both of them are used in relation to examining data in accountancy, they differ in meaning, scope, purpose, method and the subject […]

Books and other works of literature that are original creations of an individual are protected under the Copyright Laws of India. They come under the purview of “literary works”, which is eligible to be copyrighted under the Copyright Act of 1957[1]. The Copyright Act of 1957 restricts users from having unauthorised access to reproducing, and […]

In line with its efforts to further propel digital payments in India, the Reserve Bank of India or RBI recently announced the introduction of facilities which shall enable all inbound international travellers from certain jurisdictions visiting India to make digital payments Unified Payment Interface or UPI while they are in India. RBI has introduced the […]

The Employees Provident Fund Organization, or the EPFO, came out with new guidelines on 20 February 2023 for employees with respect to higher pensions. The new guidelines provide for the employers and subscribers to jointly apply for higher pensions under the EPS or the Employees’ Pension Scheme. EPFO has now allowed the subscribers to go […]

The Ministry of Corporate Affairs or MCA notified the Companies (Authorised to Register) Amendment Rules of 2023 on 19 January 2023 to amend the Companies (Authorised to Register) Rules of 2014. The MCA[1] brought forth these amendments in the exercise of its powers flowing from the provisions of the Companies Act of 2013, namely, Section […]

India is considered one of the emerging players in the medical device industry. It is one of the top 20 markets for medical devices globally. The medical device industry in India is currently valued at $ 5.2 billion and has about 800 medical manufacturers in the country with an annual turnover of ₹ 500 million. […]

The Ministry of Corporate Affairs or MCA recently notified the Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules of 2023 on 19 January 2023 to bring certain amendments to the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. The MCA has made the amendment in the exercise of its powers flowing from Section […]

The Ministry of Corporate Affairs officially notified the Companies (Prospectus and Allotment of Securities) Amendment Rules, 2023 on 20 January 2023 to amend the Companies (Prospectus and Allotment of Securities) Amendment Rules, 2014 in pursuance of the powers granted under section 26, section 27(1), Section 28, section 29, section 31(2), section 39 (3) and (4), […]