Aliff Fazelbhoy Awarded IR Global Gold Member Status

At our recent Annual Conference in Amsterdam, Sept 2023, we had the pleasure of awarding Aliff gold member status as recognition for their ongoing commitment and hard work within the IR Global network. This is a prestigious honour bestowed by IR Global upon members who we consider have made a substantial contribution to the development […]

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Aliff Fazelbhoy participates in the IR Global Employment Working Virtual Series Home Work: The challenges of cross border remote working

The past year has witnessed a huge remote working experiment for many of the world’s businesses and their employees as a result of Covid-19. And, for many, these new working practices have become hugely complex depending on where in the world business owners and employees have suddenly found themselves. Almost overnight, people are in uncertain […]

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Update on relaxations for increase in working hours for factories

Background In a bid to boost the Indian economy, multiple states had permitted factories to extend the working hours of their workforce for a fixed period of time. Instead of the usual 48 hours a week, workers in factories were permitted to work between 60 and 72 hours in a week and would be entitled […]

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No Wages Payable Under Lockdown Orders, If Unpaid Before

Introduction The Bombay High Court (“Bom HC”) has, on 13 July 2020, passed a landmark order in the cases of Premier Employees Union [Note to Kruti – It is Union only as per the judgment.] Vs. State of Maharashtra and others1 and M/s. Premier Limited and another Vs. Premier Employees Union2 , inter alia ruling […]

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Notification of certain sections of the Consumer Protection Act, 2019

The Ministry of Consumer Affairs, Food and Public Distribution, issued a notification (“Notification”) on 15th July 2020, stating that the following sections of the Consumer Protection Act (“Act”) would come into effect from 20th July 2020. READ MORE HERE

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ALMT News Updates July 2020

SECURITIES LAW The Securities and Exchange Board of India (“SEBI”) has introduced several relaxations with respect to (i) the pricing for preferential allotment under SEBI (Issue of Capital and Disclosure) Regulations, 2018 (“ICDR Regulations”); and (ii) SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover Regulations”). Following are the highlights of the amendments made […]

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Withdrawal of relaxations for increase in working hours for factories

Background In a bid to boost the Indian economy which has been on standstill due to the lockdown for pandemic COVID-19, many state governments have initiated labour law relaxations for factories by issuing executive orders. These relaxations have increased the maximum permissible working hours that a worker is required to work in a day and […]

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Amendments to the Share Capital and Debentures Rules

    Amendments to the Share Capital and Debentures Rules On 5th June 2020, the Ministry of Corporate Affairs notified certain amendments to the Companies (Share Capital and Debentures) Rules, 2014 (“Rules”) with respect to issuance of sweat equity shares and debenture redemption reserve (“Notification”). A. Sweat Equity Start-up companies were allowed to issue sweat equity […]

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Amendments to the Classification of MSME

The Ministry of Small Scale Industries had, vide a notification dated 29th September 2006, classified micro, small and medium enterprises as follows: Criteria : Investment in Plant and Machinery or Equipment Classification  Micro  Small  Medium  Mfg. Enterprises   Investment < Rs.25 lac Investment < Rs 5 Cr.  Investment < Rs.10 Cr.  Service Enterprises  Investment < Rs.10 […]

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Contract Workers on COVID-19 duty entitled to special allowance at par with regular workers

Introduction   The Bombay High Court has, on 27 May 2020, passed an interim order in the case of Samaj Samata Kamgaar Sangh V/s Navi Mumbai Municipal Corporation & Ors. 1 ruling that contract workers (“Kamgaars”) involved in the COVID-19 related duties who are fulfilling their responsibilities by risking their lives would be entitled to the same allowance […]

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ALMT Newsflash-Standard operating procedures and preventive measures at work places

Background Pursuant to the guidelines issued by the Ministry of Home Affairs (“MHA”) on 17 May 2020, the Government of Maharashtra released its own guidelines (“Maharashtra Guidelines”)1 on 19 May 2020. These guidelines demarcate the zones within the state, prescribe limits for lifting of restrictions in each zone and set out the Standard Operating Procedures […]

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ALMT Newsflash-Finance Minister announces Financial Stimulus Package

      In view of the spread of the pandemic COVID-19, the Prime Minister announced a massive financial stimulus package of Rupees Twenty lakh crores to revive the Indian economy, which has severely been hit owing to the lockdown. In continuation of this, the Finance Minister made the first, of a series of announcements […]

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