Q. What is an ESOP Policy? ESOP policy is a policy formulated by a company at any stage while issuing ESOPs to their employees. The company can formally give out any ESOPs in the form of grant letters. Every company has a...
Category - Compliance
Introduction A director in a company is an elected individual who represents the shareholders and oversees the management of the company. Director carries a lot of responsibilities in managing the activities of the company and...
Dream11, a company co-founded by Harsh Jain & Bhavit Sheth in 2008, which provides a Fantasy Gaming platform for many games such as cricket, football, baseball, basketball, handball, has suspended its operation owing to the...
What is FSSAI? Food Safety and Standards Authority of India (“FSSAI”) is an autonomous body established under the Ministry of Health & Family Welfare, Government of India. The FSSAI has been established...
What is a Non-disclosure agreement (“NDA”)? A non-disclosure agreement is a document that establishes a confidential relationship between the parties to it. The party/parties signing the NDA agree that any...
The Consumer Protection (E-Commerce) Rules, 2020 were notified as per the Consumer Protection Act, (“COPRA / new rules“) on July 23, 2020. Whom does it apply to? The rules apply to, inter alia, all goods and...
As part of Government of India’s Ease of Doing Business (EODB) initiatives, the Ministry of Corporate Affairs would be shortly notifying & deploying a new Web Form christened ‘SPICe+’ (pronounced ‘Spice Plus’)...
What are legal processes? In law, legal process includes criminal procedure, civil litigation arbitration, administrative proceedings, the electoral process, the legislative process, constitutional process, and others. Why...
“Change of Name” refers to changing one’s first name, last name or both. A person would want to change his/her name for various reasons. However, these reasons could be bonafide and malafide. When change of name is...
On December 2nd, 2019, it was announced that the Ministry of Corporate Affairs (“MCA”) has launched a databank of Independent Directors (defined under the Companies Act, 2013). This databank is created pursuant to the...