In this article, we will be discussing a case law where an incorporated was declared void ab initio.
Passing of online exam conducted by IICA made mandatory for independent directors w.e.f 1/12/2019
Companies Act 2013 envisages the concept of corporate governance, transparency, Accountability, responsibilities on directors, auditors.
MCA - Compliance Monitoring System for replying to show cause notice by the Company and KMP
The Ministry of Corporate Affairs nowadays heavily concerned on enhancing corporate compliance level and transparency among the companies and in this regard they have created 'Ministry of Corporate Affairs Compliance Monitoring System' (MCACMS) which will be an Artificial Intelligence based mechanism.
This article contains various Compliance requirements under Statutory Laws. Compliance means "adhering to rules and regulations."
Increasing stakeholder's activism has stimulated the role of Independent Directors. It has been decided in the case of 'Central Government vs Sterling Holiday Resorts (India) Ltd. and Ors' that 'Independent Directors should be appointed to strengthen the Board'.
Insurance companies basically play the role of pulling resources and investing it. They are often looked upon with a lot of expectations and are surrounded by a whole lot of social ideas and various complex economic patterns.
A person can register mutual funds with SEBI by filing an application to the SEBI along with the amount of a non-refundable fee of Rs 5 lakhs.
Board meetings are held by the members of the Board which is a group of people (in case of big companies) or selected people(in case of small companies) who decide and discuss the ongoing events pertaining to the loss and profit of the company.
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