Corporate Law Articles
Impact assessment and related methodologies
As you are aware that an "Impact Assessment "is study and a process of identifying the consequences of current or proposed action. It is the process of identifying the anticipated or actual impacts of a development, intervention on those social, economic and environmental factors which the intervention is designed to affect or may inadvertently affect.
Concept of Limited Liability Partnership - An analysis
Limited Liability Partnership is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership.
Concept of "Actuary" & "Actuarial Risks"
As you are aware that an "Actuary "plays an important part in the insurance sector and he/she is well decorated and trusted professional. Actuaries analyse the financial costs of risk and uncertainty.
Consumer dispute resolution through mediation under Consumer Protection Act,2019
As you are aware that the Consumer Protection Act, 1986 is serving consumer fraternity since last three decades. This act has been promulgated to protect the interest of consumers from Unfair Trade Practices and fraudulent trade practices adopted by market players. The Act, 1986 is a three-tier redressal system having appellate jurisdictions.
Self Proficiency Test for Independent Directors
As per section 150(1), an independent director can be selected from the data bank containing the names, addresses and qualifications of persons. Such persons should also be eligible and willing to be appointed as an Independent Director.
Whether financial creditor of holding Co. considered as FC of subsidiary if subsidiary given loan security
The case essentially deals with a third-party mortgage extended by the Corporate Debtor for a loan taken by its holding company, wherein the Corporate Debtor mortgaged its property for such borrowing.
Future prospects should be paid even in case of notional income - Motor Vehicles Act,1988
In the recent case passed by the three-judge bench of the Supreme Court on 5 January 2021, the court granted future prospects even in cases of national income.
What is INC-20A Business Commencement Form?
INC-20A is a Declaration for Commencement of Business form. According to the new section 10A(1)(a), of the Companies Act, 2013, and Rules 23A of the Companies (Incorporation) Rule 2014, it is imperative for a director of an incorporated company to file an INC 20A form with the Registrar of Companies (RoC).
Comparison between CARO 2020 and CARO 2016
From the Financial year 2021-22, CARO 2020 is replacing CARO 2016. What is the difference between CARO 2020 and CARO 2016? Is there any additional reporting requirement under CARO 2020? All these questions are answered here
Limitation period is 3 years even if default fall before enactment of IBC 2016
Limitation period for initiation of CIRP is 3 years from the date of default even if a default took place prior to the enactment of IBC,2016.
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