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 ..
Objective Promote entrepreneurship availability of credit and balance of interest , of all stakeholders by consolidating and amending the laws relating to organisation and insolvency resolution of corporate persons, partnership firms and individuals ..
Any person while beginning a business is confused regarding the legal structure of the organization. In a broad sense there are four types of structure that a company can be set up with: Self proprietorship, Limited Liability partnership, partnership ..
Objectives of the Arbitration is to end the disputes in an expeditious, inexpensive and amicable manner. This is an old age and well recognized dispute redressal mechanism in India, wherein the people used to settle their disputes by submitting to in ..
Madura Coats filed company petition in Allahabad High Court for winding up of Modi Rubber Company on the ground that the said company was unable to pay its huge undisputed debts. Modi Rubber Company entered appearance ..
Director Identification Number (DIN) means an identification number allotted by the Central Government to any individual, intending to be appointed as director or to any existing director of a company, for the purpose of his identification as a direc ..
A NOTE ON THE AMMENDMENT MADE IN SARFAESI ACT 2002 AND DRDBFI ACT 1993 AND SOME OTHER ACTS BY AMMENDMENT ACT OF 2016 The Indian Parliament on August 9, 2016 has passed a act named ,The Enforcement of Security Interest and Recovery of Debt laws and Mi ..
Rights issue and private placement are the two ways to issue shares, other than initial public offers, through which a company can raise money in the primary market by issuing its securities1. Rights ..
Earlier the benami transactions are defined as a �transaction where a property is held by or transferred to a person, but has been provided for or paid by another person�. This Act has amended this definition by to add other transactions ..
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, ..
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