National Company Law Tribunal finally gets notified. Sunrise moment in Corporate Law judicial framework

The Ministry of Corporate Affairs, on 1st June 2016, notified 

the constitution of the National Company Law Tribunals (‘NCLT’) and National Company Law Appellate Tribunals (‘NCLAT’). It is in a sense a sense of achievement for the Government of India to have finally constituted these long-overdue tribunals.  The conceptualisation, creation of legal provisions and the final constitution of NCLT and NCLAT was a long drawn process that spanned almost a decade and a half.

Read more: India notified new Tribunals to speed-up Company Law judicial process

Contact: David Prichard; ESV Group (New South Wales, Australia)

Australia’s tax laws can be complex for foreign companies. That’s why it’s crucial to understand the tax implications of how you set up your operations, to ensure your business is efficient and effective in line with Australia’s tax laws.

Read more: Establishing Your Business in Australia: Branch vs Subsidiary

Contact: Leigh Drummond, ESV (New South Wales, Australia)

The Federal Government has recently changed the business name registration system in an effort to prevent new business names being registered which are similar or identical to existing registered names.

Applications for new business names made on or after 14 July 2015 continue to be administered by ASIC as regulator and the changes do not affect any names that were already registered prior to this date.

Read more: Changes to Business Name Registrations