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Loan to and from directors u/s 185

  Taxblock    25 November 2021 at 09:30

Section 185 of the Companies Act, 2013 states that no company is allowed to make, advance any loan, that includes the loan to constituted by a book debt to, or provide any guarantee or give any security related any loan



Liquidation and winding up under companies act

  Taxblock    25 November 2021 at 09:30

Liquidation process is the last stage where a creditors can recover their money from the company.



Overview of Fundings in startups

  Taxblock    24 November 2021 at 09:39

Funding is an extremely important consideration for meeting the preliminary expenses for start-ups at initial stage. The first round of funding, popularly known as seed funding forms the basis of the start-up fundraising. 



Steps to Register a Geographical Indication in India

  Taxblock    24 November 2021 at 09:38

Geographical Indications is covered under Articles 22 to 24 of the WTO Trade Related Aspects of Intellectual Property Rights (TRIPS) Agreement that was part of the Agreements that concludes the Uruguay Round of GATT negotiations. India follows the provisions Geographical Indications of Goods (Registration & Protection) Act, 1999.



Doctrine Of Ultravires, Indoor Management And Constructive Notice

  Taxblock    24 November 2021 at 09:38

The doctrine of indoor management is contrary to the doctrine of constructive notice.



Overview of Directors in a Company Meeting

  Taxblock    22 November 2021 at 09:49

According to Section 149 of the Companies Act, 2013 the Board of Directors of each company shall comprise of only individuals. That means, body corporate, firm or association shall not be appointed as a director.



Overview of Board Meeting

  Taxblock    22 November 2021 at 09:48

In case of One Person Company, Small Company, Dormant Company or private company which is a start-up, at least one meeting shall be conducted in each half of the calendar year and the minimum gap between these two meetings shall be at least 90 days.



Copyrights in India

  Taxblock    22 November 2021 at 09:48

Copyrights protect original works of authorship, such as literary works, music, dramatic works, pantomimes and choreographic works, sculptural, pictorial, and graphic works, sound recordings, artistic works, architectural works, and computer software.



Time, Value & Place of Taxable Supply

  Taxblock    20 November 2021 at 09:47

WHY IT IS IMPORTANT TO KNOW TIME, VALUE AND PLACE OF SUPPLY?



Overview of Board Committee

  Taxblock    20 November 2021 at 09:47

The board of directors of the top 100 listed entities, determined on the basis of market capitalization, as at the end of the immediate previous financial year shall make a Risk Management Committee.