Corporate Law Articles

Format of Director Appointment Letter, Resolution & Form DIR-8

Posted by ACS Shahbaz Khan 26 August 2021 10237 Views

The Director of a company is a person elected by the shareholders for managing the affairs of the company as per the Memorandum of Association and Articles of Association of the company.

Incorporation of Incubators - Business Entrepreneurship

Posted by Tanuj Chandra Saxenaa 25 August 2021 3816 Views

Under the Atal Innovation Mission, the Government is setting up Atal Incubation Centres in the public and private sector as well as scaling up Established Incubation Centres.

Some Facts Related To Consequential Loss (Fire) Policy Or Loss Of Profit Policy

Posted by FCS Deepak Pratap Singh 25 August 2021 3454 Views

Any interruption in business operations caused by fire or other special perils, resulting in a financial loss of various kinds is called consequential loss.

All about CARO 2020

Posted by Tanuj Chandra Saxenaa 25 August 2021 7921 Views

CARO 2020 is a new concept for the issue of audit reports in case of statutory audits of companies under the Companies Act, 2013. It is applicable for all statutory audits commencing on or after 1st April 2020.

Restrictions imposed on travel abroad under Section 5(3)(F) of IBC, 2016

Posted by FCS Deepak Pratap Singh 25 August 2021 4976 Views

DRT does not have power to impound the passport of an individual and impose restrictions on his travel abroad. Any restriction of travel abroad will be violative of Articles 21 and 14 of the Constitution of India.

Concept of soft and hard market cycles under insurance

Posted by FCS Deepak Pratap Singh 24 August 2021 11105 Views

In a soft market, buyers have more bargaining and negotiation power while in a hard market the negotiation power of buyers is less as they are not in a position to quote their terms and conditions.

Highlights of the amendments passed in the LLP Act, 2008 through the LLP (Amendment) Act, 2021

Posted by Shree 24 August 2021 7658 Views

The Act has converted certain offences into civil defaults. It has also defined small LLP, provides for the appointment of certain adjudicating officers, and establishment of special courts.

Composition Of Board Of Directors And Board Committees

Posted by Neha Redekar 24 August 2021 18862 Views

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.

Understanding the Process of Underwriting by Insurer

Posted by FCS Deepak Pratap Singh 23 August 2021 4966 Views

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.

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

Posted by FCS Deepak Pratap Singh 23 August 2021 1487 Views

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