Corporate Law Articles

Section 90: Register of Significant Beneficial Owners in a Company

Ajay Kumar Maggidi 26 April 2022 at 10:20

Every Significant beneficial owner (SBO'er) shall declare the nature of his interest and other particulars to the company, which will in turn maintain the registers and inform the same to the ROC.

Discharge of agreement and its effect on arbitration clause

FCS Deepak Pratap Singh 25 April 2022 at 08:50

The discharge of a contract is characterised as the end of an agreement or an arrangement made by a couple of parties, which results in the failure in performing or playing out the obligations referenced at the hour of making a contract with the acknowledgment of all the parties with free consent.

Labelling a Cheque as a Security Does not Obivate its Character

FCS Deepak Pratap Singh 23 April 2022 at 16:12

THE APEX COURT in its recent decision in held that merely labelling a cheque as a security would not obviate its character as an instrument designed to meet a legally enforceable debt or liability.

A Short Summary on PPF

Rish s 22 April 2022 at 11:02

All about PPF

Master Direction - RBI (Regulatory Framework for Microfinance Loans) Directions, 2022

FCS Deepak Pratap Singh 22 April 2022 at 08:12

Master Direction - Reserve Bank of India (Regulatory Framework for Microfinance Loans) Directions, 2022

Third Party Insurance deemed to be transferred along with effective control over vehicle in a Hire Agreement

FCS Deepak Pratap Singh 21 April 2022 at 08:48

If you have bought a second-hand vehicle and got the vehicle registered in your name but have not made any change in the insurance policy, then you will not get the claim if the vehicle meets with an accident.

LIC policyholders are not entitled to dividend from surplus fund

FCS Deepak Pratap Singh 21 April 2022 at 08:48

THE BOMBAY HIGH COURT has refused ad-interim relief to stall the proposed Initial Public Offering (IPO) by the country's oldest and largest insurer –Life Insurance Corporation of India, with a rider that any IPO before the court finally decides the challenge would be subject to the outcome of the petition.

How to Open a PPF Account Online?

Neethi V. Kannanth 20 April 2022 at 13:00

The Public Provident Fund (PPF) account is a very popular, long-term investment and savings product. Individuals investing in the account can avail tax benefits as well. A PPF account can be opened at post offices as well as at banks. In order to make the process of opening an account easy, individuals can now open a PPF account online.