Corporate Law Articles

AGM Extension 2021- Key Provisions & Draft Application

Posted by CS Lalit Rajput 20 March 2022 5799 Views

The concept of Annual General Meeting (AGM) has been defined under Section 96 of the Companies Act, 2013. It can be considered as an annual gathering of Directors and Shareholders / members of the Company to discuss the future of the Company and also company’s overall performance is analyzed.

FAQs on Account Aggregator Network (AA Network)

Posted by CS Lalit Rajput 19 March 2022 1501 Views

The Account Aggregator (AA) network is a financial data-sharing system that could revolutionize investing and credit, giving millions of consumers' greater access and control over their financial records and expanding the potential pool of customers for lenders and fintech companies.

Acceptance of Deposits by Companies

Posted by Neha Redekar 19 March 2022 20496 Views

As per Companies Act, 2013 the term "deposit" includes any receipt of money by way of deposit or loan or in any other form by a company, but does not ...

Small Company w.e.f 1st April 2021

Posted by CS Afsarjahan Quraishi 19 March 2022 18118 Views

Section 2 (85) of Companies Act, 2013 defines limits for the identification of Small Company.

Strike Off of the Name of the Company

Posted by Neethi V. Kannanth 17 March 2022 5180 Views

In this article, I have explained the procedure for striking off the name of the companies from the register of companies.

Meaning of the word Accident under insurance

Posted by FCS Deepak Pratap Singh 17 March 2022 2059 Views

We can define insurance is a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium or we can say that insurance a thing providing protection against a possible eventuality.

Case study - National spot exchange limited

Posted by FCS Deepak Pratap Singh 17 March 2022 3784 Views

As you are aware that the management of a company is supposed to work in the best interest of the shareholders, however in practice it may pursue its own agenda and that leads to the agency conflicts. Since corporates are legal entities and managed by natural persons and they collectively called Board of Directors.

Whether a German Company can file application under Sec 9 of IBC 2016

Posted by FCS Deepak Pratap Singh 17 March 2022 1488 Views

The Respondent, a German Company (Operational Creditor) filed an application under Section 9 of the Insolvency & Bankruptcy Code,2016 against Indian Company, M/s. Excel Metal Processors Ltd., alleging that the " Corporate Debtor" has committed default in making payment to an extent of US$1,258,2019.42 inclusive of interest @15% p.a.

Assignment of marine insurance policies

Posted by FCS Deepak Pratap Singh 16 March 2022 2233 Views

A contract of marine insurance may by its express terms or by usage of trade be extended so as to protect the insured against losses on inland waters or any land risk which may be incidental to any sea voyage.