• Common Legal Problems Businesses Face And How To Solve Them

    Gaurav Shanker    |   

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    When running a business in another country, it is vital to understand how their legal system works to avoid trouble with the law. However, as India is a developing country, change is rampant. As a result, keeping track of the latest rules and regulations can become a challenge.

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  • Interim Budget - 2019

    Gaurav Shanker    |   

    Union Budget is the most comprehensive report of the government's finances in which revenues from all sources and outlays for all activities are consolidated. The interim budget was presented on February 1, 2019, by the Government of India in the Parliament. While, you would have read a number of articles on the tax implication of this interim budget, we would wish to highlight certain important proposed amendment and the implication that will have on corporate acquisitions, employment in India, micro, small and medium enterprises and entertainment industry going forward.

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  • Free Introductory Meeting With The Business Law Chamber

    Gaurav Shanker    |   

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    As corporate lawyers in India for international or multinational companies, Business Law Chamber strives to provide top-notch services to clients. As part of these efforts, we have introduced a special offer during which we will not charge you for our first meeting.

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  • A Glossary Of Essential Corporate Legal Terms

    Gaurav Shanker    |   

    A Glossary Of Essential Corporate Legal Terms-Gaurav Shanker.jpg

    Every industry has its own language and terms. These words and phrases can be confusing to anyone who is not part of the daily operations of a specific industry, and corporate law is no exception. To help you understand the terms, acronyms, and phrases regularly used when dealing with corporate law, Business Law Chamber has created this handy reference guide. Here you’ll find valuable information allowing you to comprehend the various terms used and help you communicate with your lawyers and business partners more effectively.

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  • A Resource Guide To Corporate Law In India

    Gaurav Shanker    |   

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    As corporate lawyers in India for international or multinational companies specifically those operating from the USA, Australia, Canada, and the UK, it’s essential for us to keep updated on the latest legal trends and commercial developments in India.

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  • OVERSEAS DIRECT INVESTMENT

    Gaurav Shanker And Anshika Agarwal    |   

    The Foreign Exchange Management Act (FEMA) regulates overseas investments by Indian resident individuals.

    A resident individual (single or in association with another resident individual or with an ‘Indian Party’) may make Overseas Direct Investment (ODI) in the equity shares and compulsorily convertible preference shares of a Joint Venture (JV) or Wholly Owned Subsidiary (WOS) outside India under the Liberalized Remittance Scheme (LRS).

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  • How the Business Law Chamber Helped a Client Facing Sanctions for Non-Compliance

    Gaurav Shanker    |   

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    Business law encompasses all of the laws that dictate how to form and run a business. This includes laws that govern how to start, buy, manage and close or sell any business. Violation of these laws leads to the placement of a noose around your neck which sooner or later will suffocate your company and its chances of growth and profitability.

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  • ENFORCEMENT OF FOREIGN JUDGMENTS IN INDIAN COURTS

    Saloni Rastogi And Anshika Agarwal    |   

    Introduction

    In the Era of globalization, our Indian legal system is frequently appreciated for the importance it gives to enforcement of foreign decrees and judgment. Foreign judgments are recognized as per bilateral or multilateral treaties or conventions.

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  • Customer Spotlight: Webware

    Gaurav Shanker    |   

    Customer Spotlight: Webware

    At Business Law Chamber, we boast of excellence in the corporate laws of India and over the last several years, happy clients have given us referrals and written positive reviews about our services.

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  • Why You Should Choose Business Law Chamber!

    Gaurav Shanker    |   

    Why You Should Choose Business Law Chamber!

    In the recent years, India has turned into one of the most preferred destinations for making investments. Due to favorable policies, total Foreign Direct Investments (FDI) in financial year 2017 constituted more than USD 43 billion and in financial year 2018 it has already crossed USD 28 billion.

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  • INSOLVENCY AND BANKRUPTCY CODE 2016

    Gaurav Shanker    |   

    Brief summary of the code:

    The Insolvency and Bankruptcy Code, 2016 became effective from 1st December, 2016 after receiving the Presidential assent.  The Code has been a welcome step taken the government to curb the growing rate of NPA’s and is regarded as a useful tool for effective and timely recovery or restructuring of defaulted assets.

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  • DIVIDENDS UNDER COMPANIES ACT, 2013 (TYPES AND PAYMENT PROCEDURES)

    Gaurav Shanker    |   

    The term “Dividend” has been defined under the Companies Act 2013 [1]as “any interim dividend”. It is an inclusive and not an exhaustive definition. As, per the generally accepted definition “dividend” means the profit of a company which is not retained in the business and is distributed among the shareholders in proportion to the amount paid up on the shares held by them.

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  • SETTING UP OF A BRANCH OFFICE IN INDIA

    Gaurav Shanker    |   

    A foreign company is “a company or a body corporate incorporated outside India and which has a place of business whether by itself or through an agent in India, physically or through an electronic mode and which conducts any business activity in India in any manner", this includes a Branch Office (BO). A branch office shall be regulated by the Reserve Bank of India (RBI) under the applicable FEMA regulations

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  • Impact of Artificial Intelligence on the Legal Sector

    Gaurav Shanker    |   

    Impact of Artificial Intelligence on the Legal Sector

    The term “artificial intelligence” has been gaining much popularity in the recent era of automation and technological advancement. Artificial intelligence is basically an intelligence displayed by machines in contrast with the natural intelligence displayed by humans and other humans.

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  • Most Common Mistakes People Make When Investing in India

    Gaurav Shanker    |   

    Most Common Mistakes People Make When Investing in India

    India has emerged as one the most preferred destination for investment in recent years, with its Foreign Direct Investments (FDI) doubling to around USD 42 billion over the last decade. The Indian market has been slated to grow at consistently higher rates for the next few years, earning significant returns for foreign investors from all over the globe.

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  • Business Spotlight: Business Law Chamber

    Gaurav Shanker    |   

    Business Spotlight: Business Law Chamber

    Thanks for stopping by our blog. If you’re looking for more information about Business Law Chamber, you’ve come to the right place.

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  • Owner Spotlight: Gaurav Shanker

    Gaurav Shanker    |   

    Owner Spotlight: Gaurav Shanker

    After spending about years working in India's top law firm, I took the plunge to start my own law firm and founded Business Law Chamber (BLC) in 2012. The vision was to fill the gap left by tier-1 law firms and smaller law firms, which lacked the quality that big law firms bring to the table.

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  • Announcing the new website

    Gaurav Shanker    |   

    We are delighted to announce the launch of our new website!

    Our new website provides our existing and prospective clients with a simple yet interactive view of our work and the services that we offer.

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  • Hospitals beware of the foreign exchange received

    Gaurav Shanker    |   

    With the growing healthcare sector and India being a popular designation for the foreign patients. Some of these foreign patients make payment to Indian hospitals for the medical services in foreign currency.

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  • No RBI approval required post FIPB approval

    Gaurav Shanker    |   

    As per the extant policy, FDI is allowed under the automatic route in most of industries or sectors . FDI under the automatic route does not require prior approval either by the Government of India or the RBI.

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