Bhumesh is the Managing Partner of Corp Comm Legal, an Indian law firm. He is ranked among the Top 100 Indian corporate lawyers. He is advising domestic and foreign companies on M&A, joint ventures, corporate - commercial issues. Besides, he has written a book on Drafting of Commercial Agreements, has a couple of books in pipeline and trains students and professionals on Drafting Skills and corporate laws. He writes regularly on legal, business & other issues and is a guest faculty lecturer with educational institutes. Bhumesh holds a Bachelor of Laws (LLB) from the University of Delhi and a further qualification in International Law and Legal Studies from College of Law, York.
The Indian Government’s tirade against shell companies and its officers continues in full swing. As per the Ministry of Corporate Affairs (MCA), around 224,000 shell companies (companies remaining inactive for a period of two years or more) have been struck off from the Register of companies. This is about 15% of the total companies registered in India.
Backed up by government initiatives in the past 2 years and the resultant improvement in various parameters, India has jumped up 30 notches from 130 to 100 (out of 190 nations ranked in the list) in the latest edition of the World Bank’s global rankings on Ease of Doing Business.
The government of India has revised the investment rules relating to investments by non-resident Indians (NRIs) in small savings schemes. The amended rules have been notified in a gazette notification.
Work life balance is an often quoted term in our lives. It is defined as “the division of one's time and focus between working and family or leisure activities”.
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