Independent Directors (ID) bring objectivity and an independent opinion to the decisions made by the directors of the company. IDs play a supervisory role and take into account the interests of shareholders, creditors, employees and other stakeholders in general. While
The Insolvency and Bankruptcy Board of India (IBBI) has notified the IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 on 7 December 2017. The Regulation enable the stakeholders i.e., debtor, creditor, claimant, service provider, resolution applicant or any other person
NOTIFICATION OF THE NATIONAL COMPANY LAW APPELLATE TRIBUNAL (AMENDMENT) RULES 2017. The MCA vide its notification dated 23 August 2017 has amended Rule 63 of National Company Law Appellate Tribunal Rules 2016 notified on 21 July 2016 regarding Appearance by Authorised
COMMENTS INVITED ON THE PROPOSED AMENDMENTS TO THE DRAFT COMPANIES (COST RECORDS AND AUDIT) RULES, 2014 Pursuant to the implementation of Indian Accounting Standards (IndAS), the MCA vide its public notice dated 11 August 2017 has invited comments/suggestions on the
P2P LENDING IN INDIA: OLD ROADS NEW RULES Introduction Peer to Peer (“P2P”) lending platforms (the “Platforms”) aims to provide individuals and entities with an alternative source for fulfilling their capital requirements. Whether it is for obtaining capital to run
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