Corporate Law Articles

Functions of a Wholly Owned Subsidiary Company

Ishita Ramani 05 April 2023 at 15:10

A wholly owned subsidiary is a company with 100% of its shares owned by another corporation, which is the parent company. A parent company can acquire a wholly owned subsidiary or create one through a split-off.

Company Law for Independent Director

Affluence Advisory 05 April 2023 at 08:57

According to u/s 149(9) of companies act, an independent director shall not be entitled to any stock option and receive any remuneration by way of a fee provided under section 197 sub section 5, reimbursement of expenses for participation in a board and other meeting and profit related commission as may be approved by the members.

When an insurance policy starts to cover risk

FCS Deepak Pratap Singh 04 April 2023 at 14:08

As you are aware that Insurance is a contract between insured and insurance company, and it covers injuries /damages due to insured perils/risks. The time of commencement of risk cover is the utmost important in the insurance policy.

Shops and Commercial Establishment Acts for States of Karnataka and Delhi

Harsh Jain 31 March 2023 at 14:43

Compliances, Registration, Registers and Returns under Shops and Commercial Establishment Acts for State of Karnataka and Union Territory of Delhi

Partnership firms to Private Limited Company

ACS Shahbaz Khan 30 March 2023 at 08:54

Partnership firms are a popular form of business in India, especially among small and medium-sized enterprises. However, as the business grows, partners may feel the need to convert the partnership firm into a private limited company.

EPFO Board Meeting: Key decisions on higher pension, interest rates and more

Rashmi 28 March 2023 at 09:02

The board of the Employees’ Provident Fund Organisation (EPFO) is holding a two-day meeting 27th and 28thmarch 2023 to discuss a range of issues that woul

All you need to know about OPC

ACS Shahbaz Khan 27 March 2023 at 08:55

One Person Company (OPC) is a relatively new form of business entity introduced in India in 2013 under the Companies Act, 2013.

Additional affirmations by Practicing Company Secretaries (PCS) in Annual Secretarial Compliance Report (ASCR)

Affluence Advisory 25 March 2023 at 09:08

As per Regulation 24A of SEBI (LODR) Regulation,2015 the Annual Secretarial Compliance report is applicable to all listed entities. This report is to be submitted by the listed entities to the stock exchange(s) within sixty days from end of the financial year.

Private Limited Company vs Limited Liability Partnership

Ishita Ramani 23 March 2023 at 08:50

In this article, we will learn the differences between a Private Limited Company and a Limited Liability Partnership.

All about Limited Liability Partnership (LLP)

ACS Shahbaz Khan 23 March 2023 at 08:50

A Limited Liability Partnership (LLP) is a partnership firm that provides the benefits of limited liability to its owners while retaining the flexibility of a traditional partnership.