EMPLOYMENT LAW UPDATE 2nd July 2024 Issue No. 09/24-25 MINISTRY OF LABOUR HOLDS NATIONAL LEVEL CONFERENCE TO DISCUSS THE LABOUR CODES BACKGROUND A senior government official had in April, 2024 indicated that the implementation of the Labour Codes would be one of the top agendas of the BJP Government’s 100-day plan post the general elections. … Read More >
EMPLOYMENT LAW UPDATE 17th June, 2024 Issue No. 08/24-25 EXEMPTIONS TO IT/ITES ESTABLISHMENTS: A STEP FORWARD FOR EASE OF DOING BUISNESS LEGISLATIVE BACKGROUND The Industrial Employment (Standing Orders) IESO Act, 1946 (“IESO“) requires employers in industrial establishments formally to define conditions of employment for employees under them. The objective of the IESO has been to … Read More >
EMPLOYMENT LAW UPDATE 12th June 2024 Issue No. 07/24-25 UNTRACEABLE EMPLOYEE PRESUMED DEAD AFTER SEVEN YEARS BACKGROUND A writ petition in the nature of mandamus (WPA 19235 of 2021) was filed before the Calcutta High Court wherein the petitioner sought release of the ex-gratia lump sum amount of her husband’s retirement benefits due to her. … Read More >
EMPLOYMENT LAW UPDATE 10th June 2024 Issue No. 06/24-25 SIKKIM HIGH COURT INTRODUCES MESTRUAL LEAVE POLICY FOR ITS FEMALE EMPLOYEES The Sikkim High Court registry has implemented a groundbreaking menstrual leave policy for its female employees, vide notification dated 27th May 2024, marking a significant development in workplace gender equality in India. On Menstrual hygiene … Read More >
REAL ESTATE UPDATE 30th May, 2024 Issue No. 05/24-25 BOMBAY HIGH COURT RULES TRANSIT RENT NOT SUBJECT TO TDS BACKGROUND In Sarfaraz S. Furniturewalla v/s Afshan Sharfali Ashok Kumar & Ors on 15th April 2024, before the Bombay High Court, the Petitioner Sarfaraz S. Furniturewalla sought clarification on whether “Transit Rent” received from a … Read More >
REAL ESTATE UPDATE 17th May 2024 Issue No. 4/24-25 SUPREME COURT OF INDIA ON THE RIGHTS GRANTED DURING ACQUISITION OF PROPERTY UNDER LAND ACQUSITION ACT, 1894. BACKGROUND In the year 2010, Kolkata Municipal Corporation acquired property of one Birinchi Shah in exercise of powers under Section 352 of the Kolkata Municipal Corporation Act, 1980 … Read More >
EMPLOYMENT LAW UPDATE 14th May 2024 Issue No. 3/24-25 KARNATAKA HIGH COURT HOLDS INTERNATIONAL WORKER PROVISIONS UNDER PF ACT UNCONSTITUTIONAL BACKGROUND: On 1st October, 2008, the Union of India vide notification introduced para 83 in the Employee provident Funds Scheme, 1952 (“EPF Scheme”) and further para 43A under the Employee’s Pension Scheme, 1995 (“Pension … Read More >
EMPLOYMENT LAW UPDATE 30th April 2024 Issue No. 2/24-25 LABOUR CODES ONE OF THE GOVERNMENT’S TOP AGENDAS POST ELECTIONS BACKGROUND: The Labour Codes are set to amalgamate 29 central labour laws in India and will comprise of four legislations known as the Code on Wages, 2019 (Published in 2019), Industrial Relations Code, 2020, Code on … Read More >
REAL ESTATE UPDATE 2nd April, 2024 Issue No. 01/24-25 CURRENT SCENARIO OF STAMP DUTY CHARGES IN MAHARASHTRA The Revenue and Forest Department of Government of Maharashtra on 1st April 2024 has declared that ready reckoner rates for the financial year 2024-2025 will remain unchanged. BACKGROUND In Maharashtra, stamp duty charges are governed by the Maharashtra … Read More >
CORPORATE LAW UPDATE 24th February 2024 Issue No. 19/2023-2024 AN OVERVIEW OF THE RULES PERTAINING TO DIRECT LISTING OF EQUITY SHARES BY INDIAN PUBLIC COMPANIES ON INTERNATIONAL EXCHANGES The Ministry of Corporate Affairs (MCA) has vide notification dated 24th January 2024, notified the Companies (Listing of equity shares in permissible jurisdictions) Rules 2024 (“LEAP Rules”) … Read More >