Dear Friends, Recently a lot of changes were seen in the corporate world in india, which again and again raises question to the investor protection and corporate governance, apart from this some innovations are really eyebrow raising like the launchi
BASIC UNDERSTANDING ABOUT COMPANIES Compulsory registration under the Companies Act Pursuant to section 11(2) of the Companies Act, 1956, where more than twenty persons jointly desire to carry on any business (Ten person in case of banking company
Making Limited Liability Partnerships a reality in India The Limited Liability Partnership Bill was passed by the Parliament in December, 2008 and received assent of the President in January, 2009. The Limited Liability Partnership Act, 2008 was not
Company fails to enhance its paid-up capital to statutory minimum limit-An analysisThere are many complexities in the company law like other laws. Here an attempt has been make to take up a query that may raise its head in the mind of the professiona
Drafting of Minutes for Board Meetings The term ‘minutes’ though not defined in the Companies Act, 1956, is considered as a written record of proceedings of a meeting of any Company duly kept in pursuance of the law. Minutes contain int
Section 390 to 395 of Companies Act, 1956 deal with arrangements, amalgamations, mergers and the procedure to be followed for getting the arrangement, compromise or the scheme of amalgamation approved. The business people or the MBA students look a
Company law will always be complicated to understand, but, certainly each and every provision of company law is backed by sound logic. It is imperative on the part of companies to understand the company law, the requirements under company
Procedure for issue of shares on rights basis in case of an unlisted company. (1) Authorised share capital. Check that there is sufficient authorised share capital in the memorandum of association to accommodate the increase in the subscribed share c
Precautions to be taken by the closely held companies/young entrepreneurs? With the liberalization of economy, FDI inflow and outflow, technological innovation, growth in service sector and with improvement in communication technology, it is very
2 SECURITY LAWS UPDATESThe ingenious ways to outsmart regulators It is a cat and mouse game being played out on the bourses with market regulator Sebi acting the cat’s part and the
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India