The evaluation of the flipside of the newly enacted Insolvency Law to suggest some reforms in order to make it useful and stand upto the expectations
INDEPENDENT DIRECTOR (ID):The term is defined in sec 149(5). In nut shell, a person qualifies for being appointed as the ID if (a) he is not the Promoter or related to the promoters of the company, its holding co., subsidiary companies or associate c
The Companies (Amendment) Bill, 2015 - Proposed changes The Companies (Amendment) Bill, 2015 is on the anvil of becoming a reality now. This will reduce many procedural requirements. All proposals seem to be favourabl