Articles by Durga Rao
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Understanding "Books of Account" under Company Law
Understanding “Book of Accounts” under company law: Clause (a) to (c) of the sub-section (1) of section 209 requires every company to maintain books of accounts in respect of receipts, expenditure, sales, purchase, assets and
Corporate Governance - the consequences of non-adherence
We often hear about “Corporate Governance” while referring to some misdeed in some big listed Public Company. We refer the term “Corp...
Evidentiary value of minutes under section 195 - an analysis
Section 195 of Companies Act, 1956 says that where minutes of the proceedings of any general meeting of the company or of any meeting of its Board of directors or of a committee of the Board have been kept in accordance with the provisions
Settled Principles of Law Vs. Company Law
Understanding settled principles of law is very very important while presenting or pursuing a case before a Court of law, Board or any Tribunal. Keepin...
National Company Law Tribunal - a comment
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
Powers of Tribunal/CLB under section 397/398 of the Act.
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
Is company law complicated?
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
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