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corporate law


The pathway to effective NPA Resolution

To look at is one thing. To see what you look at is another. To understand what you see is third. To accept from what you understand is most important. But to act on what you accept ..

Posted in articles |   133 Views


Insight on Companies (Amendment) Ordinance, 2019, as introduced in Lok Sabha on July 25, 2019

The Companies (Amendment) Ordinance, 2019 (“Bill”) is introduced to replace the second ordinance. Earlier, a bill to replace the first ordinance, the bill which passed in Lok Sabha in January 4, 2019 and which could not get through in Rajya Sabha, and hence the second ordinance was promulgated in February 21, 2019. div style="text-align:justify..

Posted in articles |   258 Views


All About NFRA Rules, FAQ's and Interpretations

ATTENTION: Form NFRA - 1 is Available for filing purpose and last date of filing is 31st July 2019. Form is uploaded on NFRA website. Link of NFRA Website: https://nfra.gov.in/ p style="text-a..

Posted in articles |   159 Views


Arbitration in People's Republic of China

People’s Republic of China (PRC) has developed a unique arbitration system which is closely monitored by the People’s Supreme Court (SPC), the highest Court of China. Even though PRC is a signatory to New York Convention[1], PRC is not a Model Law[2] country. PRC has understood that foreign investors won’t make high value investments if the dispute r..

Posted in articles |   2 comments |   225 Views


7 Reasons India Needs More Female Lawyers

No matter how simple or complex any situation gets, legal help is always the final solution to get to some decision. Everything revolves around the judicial system. So, the rise of law firms, to this day, is inevitable. But, the main question is the lack of female lawyers in India, in this present century. Male lawyers are dominating this field and it has been this ..

Posted in articles |   335 Views


All about CSR Regulations in India

Corporate social responsibility rests on the ideology of give and take i.e. to take scarce resources from the environment for running of business, and in turn to contribute towards economic, social and environmental development. Organisations often find themselves in a conundrum of maintaining parity between attainment of econo..

Posted in articles |   290 Views


What are the advantages of LLP?

INTRODUCTION: We understand Partnerships as an association where two or more persons come together to do business. The members in a Partnership are known as partners or co-owners. The minimum number of Partners is two and there is maximum 100 members can be admitted as partners in a partnership firm. These maxi..

Posted in articles |   2 comments |   241 Views


RBI's revised circular: breather or lacuna?

Hon’ble Supreme Court, vide its order dated April 2, 2019, has held the RBI circular dated February 12, 2018, on Resolution of Stressed Assets as ultra vires. Power companies pleaded that there must be a distinction in treating power companies as factors such as kinds of debtors, the reason for non-payment of the debt and consideration for external factors inf..

Posted in articles |   62 Views


Insolvency & Bankruptcy Code, 2016 (Effective tool for recovery mechanism)

INTRODUCTION Ever since the coming of Insolvency & Bankruptcy Code, 2016 (in short “IBC”) its been a great law codified by the Government of India and has made sure that the Non Performing Assets are out from all the sectors. It is well known that in India a civil court of ..

Posted in articles |   133 Views


Writ Petition need not be entertained by a Court in view of an Arbitration Clause in the Contract

In a recent Judgment of Delhi High Court in the case of Apna Logistics[1] Hon’ble Justice Mr Vibhu Bakhru, held that even though Arbitration clause would not preclude the Court from exercising its Jurisdiction under Article 226 of the Constitution of India, the courts must be circumspect in exercising such jurisdiction and do so only where an element of Public..

Posted in articles |   138 Views


The New Registration Process for the Companies: Paving way for more ease of doing business in India

Ministry of Corporate Affairs (MCA) of the Republic of India has recently notified a change in the Company Registration procedure, making it more effective, easier and cost-effective. The same has been notified on the eve of 69th Republic Day of the Nation. It comprises various facets, which have bought the concept of “Ease of Doing Business” in India./..

Posted in articles |   2 comments |   233 Views


Impact of Insolvency and Bankruptcy Code 2016 on Indian Industries

.style3 { text-align: justify; margin-leftt: 35.45pt; } .style4 { text-decoration: none; } The growing world trend and rapid globalization have led to fast tracking of disposing off the cases related to insolvency, bankruptcy, liquidation etc. It's imperative to study and critically examine how the in..

Posted in articles |   179 Views


The Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2019 intimated provisions of Director of ACTIVE non-compliant company

Ministry of Corporate Affairs (MCA) has recently elucidated that the last date to file e-form ACTIVE (INC-22A) is 15th June 2019, without any further extension. In case it is not filed on or before the due date by concerned companies, the status of such companies shall be marked as ‘ACTIVE non-compliant' and the status of their directors shall be marked as &..

Posted in news |   41 Views


Criminal Intention: An Important Element of Corporate Liability in India

In this era of globalization, the corporate bodies have to undergo a lot of challenges ranging from different types of scams to crimes committed by both the higher authorities to the lower ones. The crime committed by the corporations depends on the power that they enjoy, the reach that they have and the can be an extraordinary too depending on the magnitude of the co..

Posted in articles |   140 Views


Compliance calendar for the month of May 2019

This article contains various Compliance requirements under Statutory Laws. Compliance means 'adhering to rules and regulations.' Compliances under: 1. Compliance Requirement Under Income Tax Act, 1961 2. Compliance Requirement Under Goods & Services Act, (GST..

Posted in articles |   1 comments |   220 Views




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