advocatio Attorneys at Law Grabher Dür the exclusive Corporate Law member in Liechtenstein introduce their colleague Mag. iur. Johannes Dür

We would like to take a moment to introduce Mag. iur. Johannes Dür of advocatio Attorneys at Law Grabher Dür and welcome them to the network. Please feel free to reach out to Mag. iur. Johannes using the contact information below: [email protected]

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Galion Avocats Log Book No. 101 – May 2017

Mutually agreed termination : the Direccte may go back on a decision of non-approval. Dismissal for inability : specifications on the method of calculation of the severance pay. Redeployment of an unfit employee : specifications on the scope of the offers and tasks to propose to the employee. Labor court proceedings : publication of decrees […]

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Wednesday 12 July 2017 Seminar – Practical Tips To Help You Manage Your Business Through A Dispute.

The Barlow Robbins Commercial Dispute Resolution team invite you to a seminar looking at the law, rules and best commercial practices to follow when you consider a dispute may be on the horizon. David Foster (Partner and Chair of the Commercial Litigation Association) and Tom Beasley (Barrister at Radcliffe Chambers) shall consider: Practical steps to […]

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CORRIGENDUM

We refer to our news flash circulated on 3 April 2017 on the Amendments to the Maternity Benefits Act, 1961(“Newsflash”).The Ministry of Labour and Employment has issued a corrigendum notification bearing no. S.O. 1049 (E) dated 3 April 2017 clarifying that Section 4(1) of the Amendment Act which deals with crèche facility to be provided […]

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FOREIGN INVESTMENT UPDATES

The Department of Industrial Policy and Promotion (“DIPP”) has issued Press Note No. 1 of 2017 (“Press Note”), liberalising the terms governing foreign direct investment (“FDI”) in infrastructure companies in the securities market.The Reserve Bank of India (“RBI”) recently amended the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) […]

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PAYMENT OF PF & WITHDRAWAL BENEFIT ON LEAVING SERVICE TO INTERNATIONAL WORKERS

BackgroundThe Employees’ Provident Fund Organisation (“EPFO”) has issued a circular on 23 March2017 bearing file No. IWU/7/)(25)/(2017)/Payment of PF and Withdrawal Benefits(“Circular”), on payment of provident fund (“PF”) and withdrawal benefit under PensionScheme on the date of leaving service to International Workers1. The Circular refers to a circular no CSD-I/CPGRAMS/Pragati E-Samiksha/2016/1289 dated1 November 2016 (“circular […]

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ESI Wages Ceiling revised to INR 21,000

AmendmentThe Ministry of Labour and Employment, Government of India has pursuant to its notification bearing ref. no. G.S.R. 957(E) dated 22 November 2016 notified the Employees’ State Insurance (Central) Third Amendment Rules, 2016 (“Amendment Notification”) for increasing the wage limit for coverage of employees under the Employees’ State Insurance Act, 1948 (“the ESI Act”) from […]

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Provident Fund – Enrolment Campaign 2017

IntroductionThe Ministry of Labour and Employment, Government of India has pursuant to its notification bearing ref. no. G.S.R.1190 (E) dated 30 December 2016 notified the Employees’ Provident Funds (Seventh Amendment) Scheme, 2016 (“Enrolment Campaign 2017”) giving an opportunity to defaulting companies to register their employees as members under the Employees’ Provident Funds Scheme, 1952 (“the […]

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Contract Labour Act now applicable to 50+ workmen establishments

AmendmentThe Government of Maharashtra has on 5 January 2017 notified the Contract Labour (Regulation and Abolition) (Maharashtra Amendment) Act, 2016 (“Amendment Notification”) pursuant to which the Contract Labour (Regulation and Abolition) Act, 1970 (“the Contract Labour Act”) is now applicable to establishments having 50 or more workmen as against 20 or more workmen in the […]

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ISSUE OF CONVERTIBLE NOTE BY STARTUP COMPANIES

IntroductionThe Reserve Bank of India (“RBI”), vide its recent notification amended the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000 (“Principal Regulations”) permitting issuance of ‘Convertible Note’ (“New Instrument”) by start-up companies to a person resident outside India (i.e. other than individuals who are citizens of Pakistan […]

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