Real Estate Newsletter – Understanding Key Provisions of the Maharashtra Cooperative Societies Act, 1960

A. Introduction The Maharashtra Cooperative Societies Act, 1960 (“MCS Act”) is the foundational legislation governing cooperative societies in Maharashtra. From housing societies to federal and credit societies, the MCS Act comprehensively regulates formation, registration, management, m...
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Employment Law Newsletter – Forfeiture of Gratuity and Bonus on POSH Grounds: Understanding ‘Moral Turpitude’ and ‘Conviction’ Under the Labour Codes

Introduction The intersection of the Prevention of Sexual Harassment (POSH) Act, 2013, and labour laws regarding statutory benefits (Gratuity and Bonus) has been a subject of continuous judicial scrutiny. For years, the prevailing legal defence for employees was that a mere finding of guilt by an In...
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Employment Law Newsletter – Debunking Myths: A Clear Guide to the New Labour Codes

1) Introduction The Indian labour ecosystem is undergoing a monumental transformation with the introduction of the New Labour Codes; a comprehensive set of reforms aimed at simplifying and modernizing the country’s labour laws. These reforms are designed to bring greater transparency, enhance work...
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Corporate Demergers In Listed Entities: Key Legal Consideration and Practical Insights for Value Creation

Corporate demergers with subsequent listings offer Indian companies significant strategic and tax advantages but require meticulous advance planning. Companies must prepare long-lead items before receiving NCLT approval to meet Securities and Exchange Board of India’s 60-day listing timeline.  Re...
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