Corporate Law Articles
Evidentiary value of minutes under section 195 - an analysis
Section 195 of Companies Act, 1956 says that where minutes of the proceedings of any general meeting of the company or of any meeting of its Board of directors or of a committee of the Board have been kept in accordance with the provisions
NATURE OF LIMITED LIABILITY PARTNERSHIP (LLP)
NATURE OF LIMITED LIABILITY PARTNERSHIP (LLP) 1. Concept of “limited liability partnership” LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnershi
How to Incorporate a New Limited Liability Partnership
How to Incorporate a New Limited Liability Partnership A Limited Liability Partnership may be incorporated as per the procedure explained below: User Registration · Register yourself on the website of Ministry of Corporate Affa
Passing of Board resolution by circulation under Section 289
Passing of Board resolution by circulation under Section 289 of the Companies Act, 1956. In the absence of any provision in the Act or the Company’s articles of association, requiring that the exercise of a particular power of the directors sh
National Company Law Tribunal - a comment
National Company Law Tribunal–comment: With the companies’ law amendments, 2002, by which the National Company Law Tribunal was constituted, puts a specific bar on the Civil Court’s Jurisdiction. The constitution of Nat
Powers of Tribunal/CLB under section 397/398 of the Act.
It is really very difficult to codify the powers of the Tribunal under section 397/398 of the Act. Obviously, the Tribunal has wide powers or powers to pass such orders in order to put an end to the matters complained of. While all the se
Is company law complicated?
As everybody know, the formation and functioning of companies in India are governed by the Companies Act, 1956, the rules framed by the Central Government, the SEBI regulations and RBI guidelines and regulations on certain issues like inter-country t
Requirements of Nominee directors/alternate directors
Duties of the Nominee direcotr/Alternate directors a the year endThe Nominee Director/Alternate Director shall give a notice to the investee company in the prescribed Form 24AA under the Companies (Central Government’s) General Rules & Form
WHO IS ENTITLED TO BONUS ?
Every employee of an establishment covered under the Act is entitled to bonus from hisemployer in an accounting year provided he has worked in that establishment for not less thanthirty working days in the year on a salary less than Rs. 3,500 per mo
Restrictions on transfer of shares vis-à-vis Articles of Ass
Suresh Savaliya, ACs, LL.m, LL.b. Mumbai Generally, for joint adventures, a private limited company is suitable shape to regulate the relationship between entrepreneurs smoothly. However sometime, because of some limitatio
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