National Company Law Tribunal–comment: With the companies’ law amendments, 2002, by which the National Company Law Tribunal was constituted, puts a specific bar on the Civil Court’s Jurisdiction. The constitution of Nat
It is really very difficult to codify the powers of the Tribunal under section 397/398 of the Act. Obviously, the Tribunal has wide powers or powers to pass such orders in order to put an end to the matters complained of. While all the se
As everybody know, the formation and functioning of companies in India are governed by the Companies Act, 1956, the rules framed by the Central Government, the SEBI regulations and RBI guidelines and regulations on certain issues like inter-country t
Duties of the Nominee direcotr/Alternate directors a the year endThe Nominee Director/Alternate Director shall give a notice to the investee company in the prescribed Form 24AA under the Companies (Central Government’s) General Rules & Form
Every employee of an establishment covered under the Act is entitled to bonus from hisemployer in an accounting year provided he has worked in that establishment for not less thanthirty working days in the year on a salary less than Rs. 3,500 per mo
Suresh Savaliya, ACs, LL.m, LL.b. Mumbai Generally, for joint adventures, a private limited company is suitable shape to regulate the relationship between entrepreneurs smoothly. However sometime, because of some limitatio
COMPARISON OF BUSINESS FORMS CRITERIA PROPRIETORSHIP PARTNERSHIP LIMITED COMPANY ...
The Companies (Amendment) Act, 2000 has inducted good corporate governance [CG] leading to more transparent, ethical and fair business practice to be adopted by corporates at large. The following are the provisions which have brought good CG : Sec
Kinds of Company Meetings :Broadly, meetings in a company are of the following types :-I. Meetings of Members :These are meetings where the members / shareholders of the company meet and discuss various matters. Members meetings are of the following
STATUTORY REGISTERS, BOOKS, RETURNS AND OTHER RECORDS TO BE PREPARED OR MAINTAINED BY COMPANIES UNDER THE COMPANIES ACT, 1956 Section Descripti...
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