NEO Presents: The Moment for Modernization

  Ontario’s independent Capital Markets Modernization Taskforce delivered 47 “high impact” policy proposals in their Report, released on July 9, 2020. But are the proposals in the best interest of long-term investors and capital raisers? Do they go too far, or far enough? And are there any major issues that have been left unaddressed? Tune […]

Troy PocaluykoPartner, Wildeboer Dellelce LLP

Calcutta High Court Calls for Expenses Incurred by Schools during Pandemic

Case: Vineet Ruia vs. State of West Bengal [WP 5890(W) of 2020] Forum: Hon’ble High Court of Calcutta (“CHC”) Order delivered on: August 18, 2020 Substance of the Order: Establishment of a committee to ascertain the expenses incurred by schools during lockdown to determine if any concession in fees can be passed on to the […]

Seema JhinganPartner, LexCounsel

Excessive lending between companies and their substantial interest holders

Prolonged deferment of taxation in box 2 by lending from the own company will be restricted On the 17th day of June the bill excessive lending from your own private company (hereinafter: Bill) was submitted. The name reveals a lot about the content of the Bill. The purpose of the Bill is to discourage excessive […]

Cok ZijerveldPartner, Everest Legal

PART – II: National Education Policy 2020 – Reforms in Indian Higher Education System

Focused on minimising rote learning and introducing reforms in the Indian education system to ensure all round development of students, the long-awaited National Education Policy 2020 (“NEP 2020”) has been announced by the Union Cabinet on July 29, 2020. In continuation of our earlier newsletter of July 31, 2020 available at https://www.mondaq.com/article/972902, we discuss under […]

Seema JhinganPartner, LexCounsel

Proposed Relief for Flow-Through Share Issuers: The Government of Canada Extends Spending Timelines by Twelve Months

Friday, August 14, 2020 Read online or download the full update here. Keeping up with the current trend of COVID-19 relief programs, on July 10, 2020, the Government of Canada proposed a new relief measure (the “Proposed Relief”) for junior mining exploration and other flow-through share issuers (“Issuers”). The Proposed Relief will extend by twelve months […]

Troy PocaluykoPartner, Wildeboer Dellelce LLP

Notification requirement for cross-border constructions

From the first day of January 2021, intermediaries will be required to report cross-border constructions used for tax avoidance to the tax authorities. Who has to report? The intermediary that invents, offers, sets up the construction, makes the construction available for implementation or manages the implementation of the construction must report the construction if it […]

Cok ZijerveldPartner, Everest Legal

National Education Policy 2020 – Reforms in Indian School Education System

Rote learning, the bane of Indian education, is finally being shown the door and is proposed to be replaced by competency-based learning and development of students which tests higher-order skills such as analysis, critical thinking and conceptual clarity. The long-awaited National Education Policy 2020 (“NEP 2020”), was announced by the Union Cabinet on July 29, […]

Seema JhinganPartner, LexCounsel

E-Commerce Entities In India – Applicable Regulations

The Ministry of Consumer Affairs, Food and Public Distribution through the Department of Consumer Affairs has issued the Consumer Protection (E-Commerce) Rules, 2020 under the Consumer Protection Act, 2019 vide notification bearing number G.S.R. 462(E) on July 23, 2020 (“E-Commerce Rules”) to regulate the operations of e-commerce entities in India in a fair and transparent […]

Seema JhinganPartner, LexCounsel

Join Wildeboer Dellelce in pledging support for The BlackNorth Initiative

On July 14, 2020, The BlackNorth Initiative, led by The Canadian Council of Business Leaders Against Anti-Black Systemic Racism (the “Council”), released the Law Firm Pledge, asking leaders from Canada’s law firms to commit to specific actions and targets designed to end anti-Black systemic racism and create opportunities for those in underrepresented Black, Indigenous, and […]

Troy PocaluykoPartner, Wildeboer Dellelce LLP

Capital Markets Modernization Taskforce Consultation Report: “Can Ontario Make Meaningful Change Going It Alone?”

On July 9, 2020, the Province of Ontario independent Capital Markets Modernization Taskforce (the “Taskforce”) delivered 47 “high impact” policy proposals (the “Proposals”) in the Capital Markets Modernization Taskforce Consultation Report. The Taskforce is seeking feedback on the Proposals by September 7, 2020 with a view to implementing many of the Proposals by year-end. In […]

Troy PocaluykoPartner, Wildeboer Dellelce LLP