Corporate Law Articles

Composition Of Board Of Directors And Board Committees

Neha Rajan Redekar 23 August 2021 at 14:51

As per the provisions of section 149(1) of the Companies Act, 2013, every company shall have a Board of Directors consisting of individuals as directors.

Development Initiatives by Govt. for MSME & SSI

CS Lalit Rajput 23 August 2021 at 09:35

Government has announced various relief measures for several sectors under the AatmaNirbhar Bharat Abhiyan and has taken a number of initiatives to support the MSME Sector in the country.

Analysis of Provisions related to Transfer, Assignment and Nomination under the Insurance Act, 1938

FCS Deepak Pratap Singh 23 August 2021 at 09:32

The transfer or assignment of policies of insurance is governed by the provisions of the Transfer of Property Act, 1882. The provisions of the Transfer of Property Act, 1882 apply to all types of insurance policies.

COVID-19 expenses can be claimed for EDLI scheme under EPF scheme, 1952

FCS Deepak Pratap Singh 23 August 2021 at 09:32

Employees Deposit Linked Insurance Scheme or EDLI is an insurance cover provided by the EPFO (Employees Provident Fund Organization) for private sector salaried employees.

Understanding the Process of Underwriting by Insurer

FCS Deepak Pratap Singh 23 August 2021 at 09:31

Underwriting involves measuring the risk exposure and determining the premium that needs to be charged to insure that risk. Thus, in the underwriting process, insurers evaluate the risk and exposure of potential clients.

80% Fee Reduction in Patent Applications - India & Abroad

CS Lalit Rajput 21 August 2021 at 09:58

This scheme is available to government (owned), government-aided, or private institutions, irrespective of whether these institutions are situated in India or anywhere in the world.

Analysis of New Rule 33A inserted vide Companies (Incorporation) Fifth Amendment Rules, 2021

FCS Deepak Pratap Singh 21 August 2021 at 09:56

MCA has notified the Companies (Incorporation) Fifth Amendment Rules, 2021 by inserting Section 33A after Rule 33 of the Companies (Incorporation) Rules, 2014.

Some Facts Related To Compensation Under The Motor Vehicles Act, 1988

FCS Deepak Pratap Singh 21 August 2021 at 09:55

The Motor Vehicles Act, 1988 aims to regulate the use of motor vehicles and to compensate those who are injured or killed in a crash, as well as their family members and dependents, if applicable.

Section wise Impact of LLP Amendment Act, 2021

CS Divesh Goyal 21 August 2021 at 09:53

Both houses of Parliament has approved the LLP Amendment Bill, 2021. Finally, the same got the approval of the President of India on 13th August 2021 and became the LLP Amendment Act, 2021.

Relaxation From Passing Of Online Proficiency Test

CS Divesh Goyal 21 August 2021 at 09:53

An individual shall not be required to pass the online proficiency self-assessment test when he has served for a total period of not less than three years as on the date of inclusion of his name in the data bank.