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21 March 2017 at 14:05

10 things a Nidhi Company cannot do as an NBFC in India

  POSTED BY Paras Mehra

IntroductionNidhi Companies are getting famous day by day in India as they are the cheapest way to register a Non Banking Financial Company (NBFC) in India. In India, NBFC's are governed by Reserve Bank of India (RBI) and need the net worth of

  1 comments |   169 Views


01 March 2017 at 12:06

Resignation of a Director - When does it take effect - Confusion caused by the Companies Act, 2013

  POSTED BY Ramaswami Kalidas

Section 168 of the Companies Act, 2013 (hereinafter referred to as "The Act") lays down the provisions relating to resignation of a director from his office. Section 165 of the Act,

  0 comments |   268 Views


09 February 2017 at 10:59

Fast Track Exit Route Under Companies Act, 2013

  POSTED BY RSJ LexComply

Fast Track Exit (FTE) is one of the quick ways to shut down a company, when it is non-operational over a period of time.

  2 comments |   263 Views


30 January 2017 at 10:31

Strong arm tactics of the MCA-Non-compliances under Section 135 - Whether justified

  POSTED BY Ramaswami Kalidas

IntroductionIt is a matter of great consternation that the Department of Company Affairs is working overtime to book companies for alleged violations of the provisions of Section 135 of the Companies Act, 2013(hereinafter the “Act”).Show cause Notice

  0 comments |   236 Views


24 January 2017 at 11:10

Code of conducts under Insolvency and Bankruptcy Board of India Regulations, 2016

  POSTED BY RSJ LexComply

Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016The Insolvency and Bankruptcy Board of India has issued the Notification on Insolvency and Bankruptcy Board of India. These Regulations shall come into force on 29th

  0 comments |   260 Views


17 January 2017 at 11:40

Registration Process of Private Limited Company

  POSTED BY Aapka Consultant

Registration Process of Private Limited CompanyWHAT IS COMPANY?A company is a kind of business structure or a business organization. The company has been evolved from sole proprietorship business structure to partnership type of business and after th

  1 comments |   555 Views


12 January 2017 at 15:08

Knowing the Company: What do Movies and Companies have in Common?

  POSTED BY Shankar

Movies and companies have a huge influence on our lives today. While movies impact the popular choice of attire, language and behaviour, in the case of companies their influence is equally strong but only subtle. Not just for impact, but even in thei

  0 comments |   82 Views


11 January 2017 at 12:22

Know your Company: One Person Companies (OPCs)

  POSTED BY Shankar

Two is company�, a popular saying is no longer appropriate, after the enactment of the Companies Act, 2013, at least in the business world. With the introduction of One Person Companies (OPCs) any one individual can, on their own, form a compan

  0 comments |   174 Views


11 January 2017 at 12:22

A Numeric View of MCA 21: Company Law Compliance in India

  POSTED BY Shankar

4R�s form the basis for enforcement of any law; Companies Act, 2013, is no exception. Registration, the first R give the registrant a right which is denied to others. Company law too requires registration for giving registrants the benefit of l

  0 comments |   134 Views


11 January 2017 at 12:22

Corporate Accounting Scandal At Satyam Computer Services Limited: A Case Study Of India’s Enron

  POSTED BY Nikita Aggarwal

A Case Study Of India’s Enron

  0 comments |   128 Views


06 January 2017 at 12:32

Holding 100% control over a company - Section 89 of the Companies Act, 2013

  POSTED BY RSJ LexComply

Companies Act, 2013, gives freedom to the Companies to do anything, which is legal and in the interest of stakeholders but with the approval of authority or by intimating authority in a manner as may be prescribed by the act.In Companies Act, 2013, s

  0 comments |   144 Views


04 January 2017 at 15:15

Matters requiring company board approval

  POSTED BY Aapka Consultant

A board of directors is the body elected or appointed members which looks upon the functioning of the government.

  0 comments |   133 Views


03 January 2017 at 12:44

One person company and its advantages

  POSTED BY Nikita Aggarwal

All about OPC and its advantages

  0 comments |   107 Views


22 December 2016 at 18:00

Institutional Investors - Watchdog to Corporate Boards

  POSTED BY Satvik Varma

So far, one of the most positive developments of the Tata-Mistry corporate tussle has been the focus it has drawn on the state of corporate governance in India. The role, powers, functions, duties, obligations and responsibilities of Board of Directo

  0 comments |   59 Views


20 December 2016 at 12:40

Gist of regulatory changes in Companies Act, 2013 in the month of July, 2016

  POSTED BY Shankar

14.07.2016a) Companies (cost records and audit) Amendment Rules, 2016Highlights of the Amendment are: Definition of Regulated Sector for Telecommunication Industry expanded to include activities that requires authorization or license issued by the D

  0 comments |   263 Views


14 December 2016 at 12:52

Overview on Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016

  POSTED BY RSJ LexComply

The Insolvency and Bankruptcy Board of India has issued the Notification on Insolvency and Bankruptcy Board of India. These Regulations shall come into force on 29th November, 2016.PurposeAt present, there are multiple overlapping laws and adjudicati

  0 comments |   323 Views


05 December 2016 at 12:43

Tatas Wrangle

  POSTED BY Vijay Kalia

Tatas Wrangle: Fickle Corporate Governance Allegations are levelled two stalwarts openly in the media destroying the fabric of faith that people hold in Tatas for many years for which both seem to be responsible. This has resulted in war of haughtine

  0 comments |   154 Views


01 December 2016 at 13:00

Various Committees and provisions under Companies Act, 2013

  POSTED BY RSJ LexComply

1. CSR Committee (Section 135 of Companies Act 2013) Every company having the following criteria shall contribute in every financial year, at least two per cent. Of the average net profits of the company made during the three immediately preceding fi

  2 comments |   283 Views


08 November 2016 at 11:32

Law & Procedure for cheque bounce

  POSTED BY Aapka Consultant

Cheque can be bounced for number of reason and the said thing is upto bank when to honor or dishonor the cheque that is produced before the bank some of those reason could be the signature on the cheque is different, insufficient funds, crossed chequ

  9 comments |   937 Views


07 November 2016 at 11:39

The Independence of Directors

  POSTED BY Satvik Varma

Cyrus Mistry’s removal as chairman of Tata Sons Ltd. and his subsequent letter to the Board, highlighting amongst other things, the “failure on the part of the directors to discharge their fiduciary duty owed to the stakeholders of Tata S

  10 comments |   213 Views










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