An independent director is a non-executive director of a company who helps the company in improving corporate credibility and governance standards. They also ensure that there is no dominance of one individual or special interest group.
The Companies Act, 2013 (the Act) introduced the mandatory provisions of CSR and accordingly Section 135 of the Act and the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2022 ["CSR Rules"] framed thereunder govern CSR in India.
The article lists down brief analysis on Companies Act, 2013
By enforcing compliance, the company can prevent and detect violations of the rules which subsequently protects the organization from fines and the lawsuits.
In this article author has shared the format of the Board resolution normally used in the appointment of Directors in the company
MCL is a public limited company, which has its equity shares listed on both BSELimited and National Stock Exchange of India Limited. CPPL is a part of the promoter group of MCL since it is closely held by certain promoters of MCL. However, currently, CPPL neither holds any equity shares in MCL nor has any role in the management of MCL.
The Startup India Seed Fund Scheme (SISFS) is being implemented by the government with effect from 1st April 2021.
The article explains about OPC Annual Filing
Financial Reporting Review Board (FRRB or the Board) is a non-standing committee of the Council of the Institute of Chartered Accountants of India. The FRRB was constituted by the Council at its 226th meeting held in July 2002.
The article lists down the steps for removal of directors under companies act, 2013
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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