Every rule, every check starts with two legal keystones: KYC and AML. These aren’t just compliance buzzwords, they’re the frontline in protecting our financial system. KYC (Know Your Customer) is where it all begins. Banks...
Category - Compliance
The Indian government, through the Bureau of Indian Standards (BIS), has introduced the “DRAFT E-Commerce – Principles and Guidelines for Self-Governance”, aiming to establish a framework for accountability...
Shareholders’ agreements can be daunting, filled with legal jargon that can be confusing for founders. However, understanding the key terms is crucial for navigating transactions and protecting your interests. I...
Introduction The Securities and Exchange Board of India (SEBI) notified 39 reporting entities to utilise UIDAI’s Aadhaar authentication services in accordance with Section 11A of The Prevention of Money Laundering Act...
What is POSH Policy? The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (“POSH Act”) was enacted ensure a woman’s right to live with dignity and the right to...
What is a Maternity Benefit policy? Article 42 of Directive Principles of State Policy states that, “the State shall make provisions for securing just and humane conditions of work and for maternity...
The Maharashtra Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2017 (“Act”) lays down conditions for employment of women in general, and/or during night-shifts. General...
Introduction: Every company has certain responsibilities and compliances which need to be followed. For this, the company appoints an officer who is responsible in case of any default of such compliances. The designation of...
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...
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...