corporate law

Meaning: As per section 406 of Companies Act 2013 ,“Nidhi” means a company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, its members only, for their mutual benefit ,and which complies with such ru..

This communication highlights plights of online shopping consumers and requests your support and initiative to safeguard rights of those million of innocent customers as a PUBLIC INTEREST LITIGATION highlighting the issues was dismissed on grounds that Law Making is function of Legislatures and Judiciary is not supposed to encroach on same. p style="text-al..

Section 14(1) of the Companies Act, 2013 lays down that subject to the provisions of this Act and the conditions contained in its memorandum, if any, a company may, by a special resolution, alter its articles including alterations having the effect of conversion of -   (a) A Priv..

There was a time when corporates used to consider compliance of laws as a burden, gone are the days, now corporates consider it as its responsibility. In the past, there was not proper guidance system, due to which corporates couldn’t comply with regulatory requirements. But now picture has been changed and with the passes of time, guidance system has been ..

INTRODUCTION   While there may be no single universally accepted definition of Corporate Social Responsibility (CSR), each definition that currently exists underpins the impact that businesses have on society at large and the societal expectations of them. Altho..

With the passage of “The Constitutional (122nd) Amendment Bill” in the upper house of the central legislature, we are ready to witness the biggest ever tax reform after independence. Though, still a long way to go but approval of upper house being considered as the biggest hurdle, has come out as a big sigh of relief for the persons in Center. p..

The implications, applicability and compliance of Lokpal and Lokayuktas Act 2013 is being widely debated in the Non-Governmental Sector (NGOs) created in whatsoever form with the primary object of dealing with the subject of charity and charitable activities without aiming to earn surplus from such activities.   ..

Mardia Chemicals Ltd. Etc. Etc vs U.O.I   Citation:  (2004) 4 SCC 311   Bench: Supreme Court of India: CJI Brijesh Kumar, Arun Kumar   ..

Recently Pm Modi had announced the scheme related to Startups and extended his support towards innovation, its a very good step considering in mind a lot of startups are emerging and they need some sort of support to survive. the StartUp India initiative includes benefits like tax exemption,funding,relaxation and support in registration of intellectual property...

Definition: As stated in section 2(16) “charge” means an interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage;   Provisions of Section: As stated in section 78(1) ..

NCLT is an original-side quasi-judicial adjudicating authority constituted under Companies Act, 2013 to adjudicate all company related disputes covered under Companies Act. The constitution of the NCLT was marred by  series of litigations before the High court and Supreme Court even though t..

In India, out of the over 5000 listed companies, promoters of 4274 companies had pledged all or some of their shares, according to an analysis by Securities and Exchange Board of India as quoted in the RBI Financial Stability Report. Pledge of shares has increasingly become a common practice resorted to by the corporate world to raise finances. p style="tex..

Consider licensing as a way to grow your business, licensing means to permit or simply means to use. If you are a small business with innovative products you may use licensing as a mode to grow your business. Licensing involves two partners one is an innovative partner and other is a heavy weight organization. Many small businesses ..

The Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015.   1. District level courts, except the places where the High Court has original side jurisdiction (there is commercial division) p style="text-align: just..

Citation: AIR 1997 SC 506, (1997) 1 SCC 579   Bench: Supreme Court of India : S.B.Majumdar J   Introduction:  p style="text..