Corporate Law Articles

Overview of Virtual Meeting

Taxblock 27 November 2021 at 09:24

A meeting held totally by means of either Video conferencing or other audio-visual means is known as Virtual Meeting.

Overview of Related Party Transactions

Taxblock 27 November 2021 at 09:23

The meaning of the word 'Related Party' is given under Section 188 of the Companies Act, 2013

Overview of Limited Liability Partnership

Taxblock 26 November 2021 at 09:34

OVERVIEW OF LIMITED LIABILITY PARTNERSHIPDEFINITION:LLP is a corporate business vehicle that enables professional expertise and entrepreneurial initiative to co..

A meeting may be generally defined as a gathering or assembly or getting together of a number of persons for transacting any lawful business. There must be at least two persons to constitute a meeting.

Overview of intercorporate loans

Taxblock 26 November 2021 at 09:32

Section 186 of the Companies Act, 2013 deals with the loans and investments by the companies

Oppression And Mismanagement Under Companies Act

Taxblock 25 November 2021 at 09:30

The word 'Oppression' is not defined under the Companies Act, 2013. Oppression is the movement made by the authority in unjust manner against the party who gave his consent.

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.

Whether it is necessary to start construction of new house after the date of sale of original assets for claiming exemption u/s 54F

FCS Deepak Pratap Singh 24 November 2021 at 09:38

As the impugned issue is squarely covered in favour of the assessee by the above decision of the honourable High Courts, we hold that assessee has purchased a house property i.e. a new asset and is entitled to exemption u/s 54F of the act