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In the recent years, the Government of India has liberlised its policies for the Foreign Investors whereby they can come to India and invest in various sectors. Presently every sector except a few like railway, defence, agriculture, real estate etc are allowed by the Government, where Foreign Direct Investment can be made through automatic/ approval routes.
The company’s law in India does not bar foreign nationals to become directors in Indian companies. A foreigner or a non-resident Indian can become an executive or a non-executive/independent director of Indian companies whether public or private.
Section 96 of the Companies Act, 2013 provides that every company other than a one person company shall in each year hold an Annual General Meeting of its shareholders and not more than fifteen months shall elapse between the date of one annual general meeting of the company and that of the next.
Discussing the meaning of CSR-1 Form, what documents are required to be attached along with this form and what are the pre-requirements for NGOs/Trusts and Section 8 companies for filing this form.
In the Union Budget 2021, FM had proposed a major change in the Companies Act, which is related to the Status of Small companies, which is being determined by their capital and turnover.
As per the Indian Trust Act 1882, a Trust is an arrangement where the author/ owner (trustor) transfers the property to someone else (trustee) for the benefit of a third person (beneficiary).
Due diligence is a process of research and analysis that is initiated before an acquisition, investment, business partnership or bank loan
Foreign Direct Investment (FDI) in Proprietorship/ Partnership Firms
Corporate social responsibility refers to the initiative and contribution of an enterprise towards the economic, environmental and social welfare of the general community. In this article, we look at some of the major aspects of CSR committees and its Meetings
In the year 2017, Ministry of Corporate Affairs by taking the ambit of Section 248 which talks about 'Power of Registrar to remove name of company from register of companies' struck off more than 2 lakh companies which were not filing its returns for the last many years and the Government was of the view that such companies were not carrying on their business for more than 2 years.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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