Bhumesh
Bhumesh Verma 18 Oct 2018 3:01pm
Data localisation row in India - what and why
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Data localization is the prospect of physical data storage and preservation within the borders of a specific country where the data is generated.In an attempt to keep a track of all the data related to the regional transactions of all companies - the Reserve Bank of India (RBI) has made it mandatory for the companies conducting business in India to…
Bhumesh
Bhumesh Verma 24 Jul 2018 7:09pm
FDI Reporting Process Simplified
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IntroductionThe Indian government has been consistently making efforts to revamp the entire FDI regime and ease the process of foreign investment. The latest initiative in this regard has been the simplification of reporting process involved in foreign investment process. It was long felt that the prevalent process for FDI reporting was inconvenient…
Bhumesh
Bhumesh Verma 8 Jun 2018 12:26pm
Analysis of the IBC Amendment Ordinance, 2018
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It has been almost a year and half that the Insolvency & Bankruptcy Code ('Code') aimed at solving and easing out insolvency process was enacted. An unprecedented framework was established with this as the board of directors of the company was dissolved, a moratorium was effected, Committee of Creditors was made in-charge of the day-to-day affairs…
Bhumesh
Bhumesh Verma 30 May 2018 5:18pm
The Code on Wages Bill, 2017 – An analysis
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IntroductionLabour laws in India are vast and expansive. Sometimes, a term has different meanings and interpretations under different legislation. For example, even a basic yet most important term ‘wages’ is defined differently in many labour enactments. This has led to immense confusion in the applicability of labour laws. Labour law experts have…
Bhumesh
Bhumesh Verma 18 May 2018 5:55pm
IMPLICATIONS OF EXPANDING THE SCOPE OF GOOGLE TAX
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IntroductionOnline advertising primarily promoted by digital giants such as Google and Facebook generatesconsiderable revenue for them. The Indian government with an aim to tax such revenue had introduced a new tax called the equalization levy or the `google tax’ as it is popularly called, in 2016. This tax was introduced as a self-contained code to…
Bhumesh
Bhumesh Verma 14 Mar 2018 5:08pm
AADHAAR VS. PRIVACY LAWS: AN ASSESSMENT
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Bhumesh Verma, Managing Partner, Corp Comm LegalSomashish, 5th Year B.A. LL.B. (Hons.) student, School of Law, Christ (Deemed University), BangaloreIntroductionRecently, the government’s overdrive on making Aadhaar mandatory in every walk of life for Indians and the litigation pertaining to Aadhaar Unique Identification has brought forth the issue…
Bhumesh
Bhumesh Verma 14 Mar 2018 11:31am
ROLE OF LEGAL DEPARTMENT IN CORPORATE GOVERNANCE
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In today’s corporate world, the concept of Corporate Governance has attained substantial prominence for systematic and well-organized management of day to day corporate affairs and complying with legal and regulatory necessities. It is universally known that nowadays, Corporate Governance is at the heart of the corporate management and has the power…
Bhumesh
Bhumesh Verma 13 Mar 2018 10:02am
Tackling the menace of Cyber Crimes
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Cybercrime is defined as a crime in which an electronic device is the object of the crime (hacking, phishing, spamming) or is used as a tool to commit an offense (child pornography, hate crimes, etc.).These days, too many people and organisations are becoming victims of cyber-crimes. Cyber attackers/hackers are opting cyber-hacking as a weapon to generate…
Bhumesh
Bhumesh Verma 13 Mar 2018 9:53am
SEBI eases norms for Scheme of Arrangement
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In the corporate world, restructuring or re-organization of the corporates is a substantial and corporate practice in existence for the corporate entities business development and expansion - to effectively handle with various internal and external threats posed and to survive the stiff competition faced by these entities from the contemporaries in…
Bhumesh
Bhumesh Verma 21 Feb 2018 1:04pm
India is short of talent - really ?
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India appears at an unimpressive and unenviable 81st spot in the global index of talent competitiveness released by World Economic Forum, while Switzerland bag the top spot of the chart.Does it mean that India lacks talent? It is universally accepted fact that India is land of professionals with global and unique talent and India is never short of…
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