Reserve Bank of India has vide its Circular DPSS.CO.PD.No.1810/02.14.008/2019-20March 17, 2020 issued the above guidelines to all the Payment System Providers and System Participants in India. These guidelines have been issued for regulating the entire activities of the Payment Aggregators as well as to provide baseline technology-related recommendations to Payment Gateways. Key Terms Payment Aggregators (PAs): are defined as those… Continue reading Guidelines on Regulation of Payment Aggregators and Payment Gateways
OVERVIEW OF THE PERSONAL DATA PROTECTION BILL INTRODUCTION With a growing online footprint, one is at a higher risk of privacy breach than ever before. Also, at this juncture employees and customers are increasingly becoming sensitive about their privacy rights. So, legal framework was required to include policies that support innovation, but which, simultaneously protects… Continue reading Overview of Personal Data Protection
Entry of Foreign Lawyers and Law Firms in India Introduction The Supreme Court of India clarified the debatable issue as to whether International Lawyers/ International Firms can practice law and whether they can advice the clients in India. The Supreme Court vide its judgment dated 13th March, 2018 titled as BAR COUNCIL OF INDIA v.… Continue reading Entry of Foreign Lawyers and Law Firms in India
Introduction There has been an ongoing debate in India regarding whether International Lawyers/ International Firms can practice law and whether they can advice the clients in India. Under Advocates Act, 1961, the Bar Council of India recognizes law degree on reciprocal basis and legal academics can teach and engage in legal research without any bar.… Continue reading Regulatory and Judicial Review of Entry of Foreign lawyers and Law firms in India
MICRO SMALL & MEDIUM SCALE ENTERERPISES REGISTRATION & BENEFITS UNDER MSMED ACT The Micro Small & Medium Enterprises Development (MSMED) Act 2006 was become operational from 2nd October 2006. The Act replaces the concept of “Industry” with “Enterprises”. Consequent to the implementation of this act, SSI Registration process has been dispensed with. The entrepreneur files… Continue reading MICRO SMALL & MEDIUM SCALE ENTERERPISES REGISTRATION & BENEFITS UNDER MSMED ACT
“Minimum inspection and maximum facilitation” the mantra of the newly enacted Telangana State Industrial Project Approval and Self Certification System (TS-IPASS) Act, 2014. Telangana State Industrial Project Approval and Self Certification System (TS-iPASS) Act, 2014 has repealed the existing Andhra Pradesh State Industrial Single Window Clearance Act of 2002, to facilitate the real time base… Continue reading “A single window without grills in Telengana as quoted by Chief Minister of state” Ease of doing business in India- New Industrial Policy of Telengana State