The concept of compounding of offences was incorporated as a measure to avoid the long drawn process of prosecution, which would save both cost and time in exchange for payment of a penalty to the aggrieved.
A Quick summary on small company
Covered detailed provsion for conversion of LLP into company
The main thrust of the article, however, is upon the provisions of section 230(9) which deals with dispension of meeting of creditors and most recent case laws
Strike off of companies / dissolution of company - New provision
Checklist for annual compliance calender under companies act, 2013
Dividend pertains to an amount of the profits that a Company pays to people who own shares in the Company
Companies Act has allowed primary producers to organise themselves to gain a maximum profit from the market-oriented economy.
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