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CDSCO Medical Device Licence & import Registration – A Legal Guide
A medical device cannot be legally manufactured, sold, distributed or imported into India without the correct authorisation from the Central Drugs Standard Control Organisation (CDSCO), the national regulatory authority under the Directorate General of Health Services, Ministry of Health and…
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Liquidated & Unliquidated Damages – Calculation in Contract Law
Introduction In contract law, damages refer to the monetary compensation awarded to an aggrieved party when the other side breaches a contract. They ensure that the injured party is placed, as far as money can do, in the same position…
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Understanding Valuation Rules for Share Transfers (Post Angel Tax Removal)
With the removal of Section 56(2)(viib), commonly known as Angel Tax, the landscape for startup funding and share transfers has significantly evolved. This update brings relief but also re-emphasizes the importance of complying with valuation norms under various regulatory frameworks.…
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