Analysis on insolvency & bankruptcy code
Analysis on deposits & borrowing
The participation of directors in a meeting of the Board may be either in person or through video conferencing or other audio visual means as may be prescribed,..
Under the relevant provisions of the Companies Act, 2013, offences committed under the Act entail penal consequences by way of fine, or imprisonment or both.
The SPICe form was introduced with a function to prepare E-MOA & E-AOA (Electronic MOA/ AOA)
FAQ'S Dormant/ Strike off of Companies
The concept of compounding of offences was incorporated as a measure to avoid the long drawn process of prosecution, which would save both cost and time in exchange for payment of a penalty to the aggrieved.
The main thrust of the article, however, is upon the provisions of section 230(9) which deals with dispension of meeting of creditors and most recent case laws