INDIA: STATES MAKE CONTROVERSIAL EMPLOYMENT LAW CHANGES

On Sept. 7, the state government of Maharashtra changed the law governing employment in retail and commercial establishments to exempt those employing fewer than 10 persons from compliance, a change estimated to affect 350,000 establishments and several million employees.

In good news for small, new, and new-entrant foreign establishments, the Maharashtra Shops and Establishments (Regulation of Employment and Conditions of Service) Act of 2017 brought the law into conformity with present-day reality by, for instance, enabling women to work hours other than 7:00 a.m. to 9:30 p.m., allowing online business registration and filing of returns, and empowering the government to fix separate opening and closing hours for various establishments, such as malls and shopping complexes.

To boost a vibrant industrial sector that contributes 14.6 percent of the country’s GDP, Maharashtra earlier this year amended the Contract Labour (Regulation and Abolition) Act to exempt businesses employing fewer than 50 people from statutory provisions preventing the employment of contract workers for work considered perennial in nature. The law previously applied to businesses employing 20 or more employees. Read More

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Arjun Anand

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Telephone+91 9811979086
 

Arjun Anand

Partner


Arjun is a corporate lawyer with more than 12 years of rich experience behind him. He has handled legal aspects of organization mergers, joint ventures, fund raising, and acquisitions. He has been providing various clients holistic legal solutions on intricate business matters. He featured as one of the top 20 young lawyers of India in the publication ‘On the Rise’.

He has advised clients engaged in various sectors including real estate, manufacturing, financial services, hospitality, healthcare, e-commerce etc.

He has extensively advised various private equity funds such as, VisVires Capital, ICIC Prudential Asset Management Company Limited, India Emerging Capital Private Limited etc.

He has advised fortune 500 companies such as SKE&C, Coca Cola India, Serco Group Plc, Gate Group, etc. on their strategic investments in India.

Practice Areas

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Mergers & Acquisitions

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Private Equity

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Venture Capital

Clients

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Aksh Optifiber Limited

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General Electric Company

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Karam Chand Thapar Group

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Oxford University Press

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PNC Infratech Ltd.

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Sig Sauer Inc.

Memberships

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Member: Labour Committee constituted by Ministry of Commerce

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