Corporate Law Articles

Management Aspects in Insolvency and Bankruptcy Process

CS Peer mehboob 15 March 2022 at 08:52

As per section 17 of the Insolvency and Bankruptcy Code, from the date of appointment of the interim resolution professional, the interim resolution professional vested with the management of the corporate debtor.

Analysis on Corporate Social Responsibility (CSR)

Neethi V. Kannanth 14 March 2022 at 12:12

Through Corporate Social Responsibility, companies voluntarily contribute to a better society and environment. Corporate Social Responsibility can be defined as a Company's sense of responsibility towards the community and environment in which it operates.

Cost audit and cost record - Its applicability and compliances

CS Shailesh Singh 12 March 2022 at 15:42

Cost audit is the independent audit of cost records maintained by companies. The concept of cost audit was introduced in 1965 when Companies Act, 1956 was amended to incorporate the provisions relating to the maintenance of cost accounting records and cost audit.

Supreme Court lays down guidelines for operation & safety of locker

FCS Deepak Pratap Singh 12 March 2022 at 09:00

A customer for security of his /her valuables approaches the banks and ask for safe deposit lockers. It is duty of the banks same as bailee to provide security and safety to the valuables kept in safety lockers of their customers.

Whether statement in proposal form amounts to a warranty or is merely descriptive of the risk insured?

FCS Deepak Pratap Singh 11 March 2022 at 09:03

A Proposal form is the most essential and fundamental document required for an insurance contract between a prospective customer and the insurance company. It includes the customer’s necessary information like name, address, age, education, occupation etc. It can also include the person’s medical history.

Buying and Selling of Stressed Loans by Banks

Mohit Mishra 11 March 2022 at 09:03

Buying and Selling of Stressed Loans by Banks, NBFC, Asset Reconstruction Company, Co-operative Banks and All India Financial Institutions

Monetary penalties to be imposed by an insolvency professional agency on its members

FCS Deepak Pratap Singh 09 March 2022 at 08:55

For individuals insolvency and bankruptcy matters there were three laws dominating in India and the last recourse if the Court of Laws. The process adopted earlier for resolution of matters were painful for creditors /financiers ad the defaulting persons were taking advantage of loopholes of these laws, rules and regulations.

A Brief About Alternative Investment Funds (AIF)

Neethi V. Kannanth 07 March 2022 at 13:16

Alternative Investment Funds (AIF for short) are those funds created or established in India as a privately pooled investment vehicle in order to collect funds from specific investors as per a previously defined investment policy.

Corporate Compliance Calendar for the m/o March, 2022

CS Lalit Rajput 07 March 2022 at 08:45

This article contains various Compliance requirementsfor the Month of March, 2022 under various Statutory Laws. Compliance means "adhering to rules and regulations."

The new concept of Small LLP

CA Puja Sharma 05 March 2022 at 17:33

The main objective behind the introduction of this new class of LLP is to aid small LLP businesses in the ease of doing business in India. The Government has taken various steps in recent years to ease out the difficulties faced by the businesses in India.