Recycling means recovery & reprocessing of waste material to use in new product. Materials which can be recycled are iron & steel scrap, aluminum cans, glass bottles, wood, plastic & paper which serves as substitute for raw material obtained from scarce n
To avoid opportunistic takeovers of local companies during the epidemic, the Indian government amended its foreign direct investment (FDI) policy toward its neighbors, including China, in April 2020. The Consolidated FDI Policy, 2020, which went into forc
Regulation 2(1) (b) of the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 defines alternative investment funds (AIFs) in India. Any privately pooled investment money (whether from Indian or foreign sources) in the
The FSSAI has proposed that the Draft Food Safety and Standards (Vegan Foods) Regulations, 2021, be implemented. In that regard, the Authority has published in the Official Gazette a set of Draft Regulations that are available to objections and recommend
Gujarat International Fin-Tec City (GIFT City) is being built as a worldwide financial and IT services hub, similar to globally benchmarked financial centres. It features an International Finance Services Centre ("IFSC")-designated Special Economic Zone.
Over the past few months, there has been a flurry of developments involving the Gujarat Internal Finance Tech-City (“GIFT City”). New guidelines are being issued and MOUs executed with financial institutions on a weekly basis, all with the aim of ince
SEBI has amended the Alternative Investment Fund Regulations to introduce certain definitions and tweak the establishment process of the AIF's in India
The Department of Consumer Affairs' planned modifications are broad in scope, affecting a variety of issues and sectors other than e-tailers like Flipkart and Amazon India and their flash deals. Take a look at some of the other initiatives that could have
Alternative Investment Funds face some common complications in decision making at the time of establishment and operation of an AIF. We have tried to simplify the regulatory frameworks and assist in structures and operation of an AIF via the medium of thi
As per section 168 Resignation of Director, a director may resign from his or her position by giving written notice and resignation to the Company and on the other hand As per section 169 removal of a director, a removal of a director occurs when the comp
There is a constant demand for long-term capital investments and management experience as start-ups and early-stage enterprises grow. Unlike other sources of finance, such as state funding, pooled investment funds can meet this demand since they have forb
In an attempt to give non-promoting shareholders in a company more leverage, the markets regulator stated that majority of board of nomination and remuneration committee (NCR) and audit committee (AC) of a listed company must be comprised of two-third of
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