Corporate Law Articles

Issuance and listing of green debt securities disclosure requirements

CS Lalit Rajput 27 April 2020 at 10:50

A Debt Security shall be considered as "Green" or Green Debt Securities if the funds raised through the issuance of the debt securities are to be utilized for the project(s) and/or asset(s) falling under prescribed categories like Renewable and sustainable energy,energy efficiency including efficient and green buildings etc.

Compilation of amendments introduced by MCA

CS Anupriya Saxena 27 April 2020 at 10:49

In the view of the outbreak of COVID-19 the MCA has given various relaxations and relief measures and to do so has made various amendments. Here are the amendments introduced by the MCA.

MCAs clarification on passing of resolution require members approval

Manju Laur 27 April 2020 at 10:49

MCA released a circular a few days back, allowing people to pass a resolution of urgent nature through postal ballot or e-voting without holding a general meeting.

Private Company- Meaning and Mandatory Compliances

DEEPAK SETH 27 April 2020 at 10:46

A private limited company is a company that is privately held for small businesses. The liability of the members of a Private Limited Company is limited to the amount of shares respectively held by them. Shares of Private Limited Company cannot be publicly traded.

SEBI relaxations in buy back regulations due to COVID-19

CS Lalit Rajput 24 April 2020 at 11:17

Relaxation in Regulation 24(i)(f) of the SEBI (Buy-back of Securities) Regulations, 2018 due to the COVID 19 pandemic

Impact of drastic fall in crude oil prices on Indian Economy

Mayank Mohanka 24 April 2020 at 10:31

A negative price suggests, instead of buyers paying the sellers, sellers were paying buyers, $37 per barrel of crude oil, along with the crude oil.The producers (who dig the oil) didn't want it. The refiners won't touch it. And the consumers have no need for it.At the close of trading hours, the Crude OIL WTI future price breached the $0 level.

MCA Extends timeline for Name Reservation / Re-submission for Companies & LLP's

CS Lalit Rajput 23 April 2020 at 10:48

MCA Extends timeline for Name Reservation / Re-submission for Companies & LLP's

Holding of annual general meetings by companies till 30th September

DEEPAK SETH 23 April 2020 at 10:29

In the wake of pandemonium caused by spread of the COVID-19 virus, several representations have been received from stakeholders with regard to difficulty in holding annual general meetings (AGMs) for companies whose financial year ended on 31st December, 2019 due to COVID-19 has been extended to 30th September

What is Charge under companies Act, 2013?

DEEPAK SETH 23 April 2020 at 10:29

A charge is stated in Section 2 (16) of the Companies Act, 2013 . There are mainly two classes that charges on a corporation fall into that is Fixed and floating charges

Decoding MCA Relaxation on Holding Of AGM

CS Lalit Rajput 22 April 2020 at 12:56

The MCA has given relaxation to the companies whose financial year is ending on 31st December 2020. The MCA has allowed that AGM can be held till the 30th of September 2020.