Corporate Law Articles

Incorporation Of Indian Subsidiary

vidhi jhalani 11 February 2022 at 08:42

The company in which the holding company holds 100% share capital is termed as a wholly-owned subsidiary. As per Law, an Indian subsidiary company is an Indian company and treated as one and is required to meet all the compliances applicable to Indian companies.

Reduction of share capital is a domestic affair of a company - NCLAT

FCS Deepak Pratap Singh 11 February 2022 at 08:35

Reduction of Capital' under Section 66 of the Companies Act, 2013 is a 'Domestic Affair' of a Company in which, ordinarily, a Tribunal will not interfere because of the reason that it is a 'majority decision' which prevails.

Guide to fill e-form IEPF-5

CS Divesh Goyal 07 February 2022 at 09:51

In this editorial we will discuss step by step process of the same.

Difference between subrogation and assignment

FCS Deepak Pratap Singh 05 February 2022 at 14:34

An insurance policy issued to the insured by the insurance company is a contract between them and any claim of loss will be payable according to the terms and conditions agreed between the parties and mentioned in the contract.

Updation / Correction of date of birth online in EPFO records

CS Lalit Rajput 04 February 2022 at 09:01

Employee having valid UAN, need to make sure that his or her date of birth (DOB) details are true and correct in Employees’ Provident Fund (EPF) records and also similar as mentioned in the Aadhaar database. In case of mismatch, the UAN holder may face delay in EPF withdrawal claims.

Compliance Calendar for the month of February 2022

Ishita Ramani 02 February 2022 at 08:42

Here is a calendar for various tax and Statutory due dates relating to ROC filing, OPC Annual Filing, GST Return Filing, and Income Tax Filing.

SC: Unless insured is duly informed, exclusionary clauses not applicable

FCS Deepak Pratap Singh 02 February 2022 at 08:42

Supreme Court of India on Insurance Claim: Unless insured is duly informed, exclusionary clauses not applicable.

IRDAI (Surety Insurance Contracts) Guidelines, 2022

CS Lalit Rajput 30 January 2022 at 11:54

IRDAI vide Ref. No: IRDAI/NL/GDL/SIC/01/01/2022 dated 03.01.2022, in exercise of the powers conferred under section 14 (2) (i) of IRDA Act, 1999, has issued the IRDAI (Surety Insurance Contracts) Guidelines, 2022 ("Guidelines") to regulate the business of surety insurance ("Business") in view of the unique risks and features of surety insurance.

Analysis of the higher additional fees imposed by MCA

CS Divesh Goyal 29 January 2022 at 14:42

Recently MCA has issued a Notification on 11th January 2022 for amendment in "Companies (Registration Offices and Fees) Amendment Rules, 2022". This notification is stated about "Higher Additional fees in Certain Cases".

Case analysis of FEMA violation by Rajasthan Royals

FCS Deepak Pratap Singh 28 January 2022 at 09:03

M/s. Jaipur IPL Private Limited (JIPL) an Indian private limited company, incorporated under provisions of the Companies Act, 1956 in March,2008. The JIPL is fully owned by EM Sporting Holdings.