Corporate Law Articles

Amendments to Companies Rules 2014

Poojitha Raam Vinay 06 September 2022 at 08:39

Ministry of Corporate Affairs vide its notification dated 5th August 2022 has amended the Companies (Accounts) Rules, 2014 regarding availability of books of account and other relevant books and papers maintained in electronic mode at all times and also details of person in control, if service provider is located outside India.

Case study on SEBI (SAST) Regulations 2011

FCS Deepak Pratap Singh 05 September 2022 at 14:31

Irrespective of acquisition or holding of shares or voting rights in a target company, no acquirer shall acquire, directly or indirectly, control over such target company unless the acquirer makes a public announcement of an open offer for acquiring shares of such target company in accordance with these regulations.

Section 186 of the Companies Act, 2013 - Need for a judicial review in certain areas

Ramaswami Kalidas 05 September 2022 at 12:39

As compared to its predecessor clause, the present Act is inflexible for several reasons. For one any loan/investment made into a wholly owned subsidiary will be included for the purpose of determining the thresholds prescribed.

Notices on Foreign Relief Disallowance (FCRA)

Taxblock 05 September 2022 at 08:49

The FCRA license is a mandatory registration granted to an NGO or any other nonprofit making organization which allows them to receive funding from abroad.

Case Study on Employee State Insurance 1948

FCS Deepak Pratap Singh 03 September 2022 at 17:37

Whether the Directors of respondent-Company, who are receiving remuneration, come within the purview of "employee" under sub-section (9) of Section 2 of the Employees' State Insurance Act, 1948 ('the ESI Act')? .

What is Requirement of Producer Company Registration as Startup Business?

Member (Account Deleted) 02 September 2022 at 08:55

Producer Company is a separate kind of legal organization under the cooperative societies in India. The main purpose of the Producer Company is to assist farmers in agricultural production, acquirement, storing, packaging, selling and distribution and give them benefits.

Govt. for Indian businesses: From administrator to a facilitator

Harsh Gupta 01 September 2022 at 14:40

India is at the forefront of a startup boom and this has picked up a relentless pace since mid- 2018. In the past few years, the government of India has initiated several schemes and programs, with an objective to help startups and give a gentle push to the ‘culture’ of entrepreneurship among Indians.

Case Study on Insolvency & Bankruptcy Code 2016

FCS Deepak Pratap Singh 31 August 2022 at 12:43

The definition of Person, Section 3(33) of IBC,2016 also provides that 3(33) (g) any other entity established under a statute, and includes a person resident outside India, a Trade Union is also established under provisions of Trade Unions Act, 1926 and hence will be considered as person able to file petition under provisions of Section 8 of the IBC,2016.

CCI has adopted a new position, one that recognises the DG report and penalises cartels

Manisha Das 31 August 2022 at 08:40

The Competition Commission of India penalized Carlsberg India Private Limited (CIPL), All India Brewers' Association (AIBA), and other parties a total of about Rs 873 crore by the Competition Commission of India for engaging in cartel activity