Indian companies have been facing issues in doing business, without any ease. Compliances have become complex and are becoming harder to meet all the compliances though there is full intent in complying with the various laws. While foreign direct investment
Background The Ministry of Corporate Affairs (the MCA) on 8 May 2018, notified the Companies (Registration Offices and Fees) Second Amendment Rules 2018. With this notification, all annual filings filed post 30 June 2018, would incur a penalty of Rs.
Rapid economic growth demands progressive measures in the Electricity or Power Sector. Power shortages and depletion of non-renewable energy resources coupled with distribution channel challenges have forced the economy to look forward to renewable energy creation and distribution. India’s commitment
Rapid economic growth demands progressive measures in the Electricity or Power Sector. Power shortages and depletion of non-renewable energy resources coupled with distribution channel challenges have forced the economy to look forward to renewable energy creation and distribution. India’s commitment
Click through the link below to access the article: National Company Law Tribunal Merger/Amalgamation : Steps to think through and how to go about it. Through a notification dated December 7th, 2016 Ministry of Corporate Affairs has notified various provisions
Co-founders separating is a harsh reality in early-stage companies, due to a plethora of reasons ranging from differences in opinion with regards the conduct of affairs, daily administration and management of the Company, to the relationship not working out organically,
Background Under the Insolvency and Bankruptcy Code 2016 (the Code), there has been an ambiguity with respect to applicability of the Limitation Act, 1963 (the Limitation Act). This has been deliberated upon in several judgments of the National Company Law
Introduction In case of any disputes between the parties, there are probabilities that parties might compromise and settle the matter during the pendency of the case before the Court. In this blog, we analyse the situation where the application has
Introduction Cross-border mergers and acquisitions have rapidly increased reshaping the industrial structure at the international level. A cross-border merger means any merger, amalgamation or arrangement between an Indian company and a Foreign Company[1] in accordance with the Companies Act, 2013
Introduction While the rights, powers, and duties of Directors defined in the Articles of Association of the Company, a need was felt for legal clarity. Under the Companies Act 1956 (the Erstwhile Act), there were no explicit provisions regulating the
The role of Independent Director features prominently in Corporate Governance Codes. In India, the Companies Act 2013 (the Act) and SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 have completely revamped the country’s corporate governance code. Corporate governance generally places
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