Corporate Law Articles

Adjudication penalty for non-appointment of Company Secretary

CS Divesh Goyal 21 July 2023 at 14:35

Every corporation must comply with the above provision in order to preserve good governance. Many Companies registered with the MCA (Ministry of Corporate Affairs) do not follow this clause of the Company Act 2013.

Comparative study of Mortgage, Hypothecation & Pledge

Affluence Advisory 21 July 2023 at 08:56

When it comes to borrowing money, lenders often require borrowers to provide some form of security or collateral to mitigate their risk.

NGO: Types, Taxability, Importance and Government Schemes

CA Aman Rajput 18 July 2023 at 09:05

The word NGO (Non-Government Organization) in India refers to a body that remains detached from the Government and profit framework of usual businesses.

Family Ties and Corporate Finances: Understanding Loans from Directors and Relatives

Pankaj Devnani 17 July 2023 at 12:30

When the lines blur between personal and corporate finances, questions about conflicts of interest and fairness arise. Loans from directors and their relatives pose intriguing challenges, emphasizing the need to navigate this terrain with care and comprehension.

LLP and Partnership Firm: Meaning and Differences

Ishita Ramani 17 July 2023 at 08:57

In this article, we will discuss the LLP and Partnership Firm with some differences.

Powers of Adjudicating Authority under the Companies Act

CS Mohit Singhal 13 July 2023 at 14:57

Did you know that the Adjudicating Authority plays a crucial role in enforcing the provisions of the Companies Act?

FAQs on Foreign Liabilities and Assets Annual Return (FLA Return)

Affluence Advisory 13 July 2023 at 09:03

FLA is an abbreviation of Foreign Assets and Liabilities. FLA return is required to be submitted by all the companies / LLPs / AIFs / Partnership Firms / Public Private Partnerships which have received FDI and/or made overseas investments in any of the previous year(s), including the current year.

Maintenance of Documents as per Company law

Affluence Advisory 12 July 2023 at 15:05

Documents preservation of which is permanent in nature

5 Benefits of a Letter of Credit for Small Export Businesses

Mehul Goyal 12 July 2023 at 09:10

A letter of credit, also known as a credit letter is granted from the bank as a guarantee that the seller will receive the payment on promised time from the buyer. If the buyer fails to pay, the bank will be responsible to make the payment on behalf of the buyer. It may be processed as financial assistance that is a loan.