The Companies Act, 2013 has come into existence on 29.08.2013 that replaces a nearly six decade-old legislation and overhauls the way corporate function and are regulated in the country. This article contains the description of some provisions relat
An Independent Director (also sometimes known as a outside director or non-executive director) is a director (member) of a board of directors who does not have a material or pecuniary relationship wi
Companies Act 2013 : Ordinary resolutions The companies act has brought smiles on corporate Indias face giving a much needed lift. Simplifying the procedural aspect will surely wash away the bad memories during the older regime. This article
Introduction: Having received the assent of the President of India, The Companies Act, 2013 has come into existence on 29.08.2013 which will replace the old Companies Act, 1956. As per Section 1 of the new Act, different sections of
Top managers provide the blueprint for what a firms corporate culture should be. If the leaders fail to express desired behaviours and goals, a corporate culture will evolve on its own whic
You have read the introductory and procedural part on Forfeiture of shares under my earlier article in Part I posted on this CCI club. In continuation on the above subject, Part II deal with Board Powe
The recently enacted Companies Act 2013 has introduced us to a new form of business organisation in the country, viz., One Person Company (OPC). OPC is a significant and innovative idea of an organisation model.
Introduction To forfeit means to lose the right to, be deprived of; to lose or become liable to lose, as in consequence of fault or breach of promise or contract. It is a penalty for a breach of contrac
ORIGIN OF COMPANIES ACT IN INDIA The earliest piece of legislation in India relating to companies was the Act of 1857. The next came companies Act ,1866. After this the companies Act 1882 was enacte
This year Independence Day celebrations began in advance! With the approval of Companies Bill by Rajya Sabha (the Upper house of Parliament), Corporate India has found its true independence. Indian Corporate Sector which was reeling under the age ol
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