Mondaq All Regions - India: Corporate/Commercial Law
Chiramel & Co
The National Commission, based on the judgment of the Supreme Court in Sujir Nayak's case (supra), vide order dated 16.08.2000 dismissed the original petition as barred.
The Finance Act of 2017 had amended Section 10(38) of the Income Tax Act, 1961 to the effect that long term capital gains from transfer of equity shares of companies listed on stock exchanges, ...
Vaish Associates Advocates
Accordingly, a company can be held liable under the provisions of PMLA.
Hammurabi & Solomon
The independent director holds a special place in terms of the governance of a company, its board and its management.
The important terms of a KEA are the intellectual property assignment, confidentiality, and non-compete/non-solicit covenants.
Startups and funding go hand-in-hand.
Corp Comm Legal
In line with the government's move to curb misuse of multiple layers of subsidiary companies, the Ministry of Corporate Affairs (‘MCA') has issued draft norms for public consultations.
Khaitan & Co
With the growth of corporate activities in India coupled with the stringent enforcement of laws, liability of directors has become a hot-bed for discussions.
Corp Comm Legal
The government has been announcing such drives in the past too.
Clyde & Co
In its recent judgment of Kirusa Software Private Ltd. vs. Mobilox Innovations Private Ltd. Company Appeal (AT) (Insolvency) 6 of 2017, the National Company Law Appellate Tribunal of India...
Khaitan & Co
The provisions relating to removal of the auditor of an Indian company are primarily governed by Section 140 of the Act.
Corp Comm Legal
All commercial agreements begin with the premise that each party to the agreement will honour its respective obligations under the agreement.
This article will debate a point of company law: whether a company can do a ‘selective' issue of bonus shares to just a few shareholders?
The key conditions specified in the MCA Notification are set out below.
S.S. Rana & Co. Advocates
Section 63 of the Electricity Act, 2003 deals with procurement of power and determination of tariff for the supply of electricity.
Singh & Associates
A new concept for start-up companies has been introduced.
Singh & Associates
Ministry Of Corporate Affairs Notifies Companies (Audit And Auditors) Rules, 2017.
S.S. Rana & Co. Advocates
The ultimate purpose of commercial transactions and business aspirations is to circulate and re-distribute societal wealth for the betterment of those working for the business.
Corp Comm Legal
Limited Liability Partnerships (or LLPs) are hybrid entities with dual advantages of a corporate entity as well as flexibilities of a partnership.
Corp Comm Legal
Let us do an exercise. You may not have bothered so far, so you could do it today. Have a look at the backside of your Drycleaner's slip for the garments you have given him for laundry or dry cleaning.
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Phoenix Legal
The (Indian) Companies Act, 2013 (2013 Act) which replaced the (Indian) Companies Act, 1956 (1956 Act) brought significant changes for private limited companies.
Factum Legal Advocates & Solicitors
The Companies Act 2013 brings a lot of new features, compliances, disclosures for foreign companies operating in India in any mode.
Singh & Associates
Section 232 of the Indian Contract Act, 1872 ("Act"), enumerates of three issues, i.e. consideration for the agreement, the object of the agreement and the agreement per se.
Deposits have been defined under the Companies Act, 2013 ("2013 Act") to include any receipt of money by way of deposit or loan or in any other form by a company.
Singh & Associates
The Ministry of Corporate Affairs ("MCA") vide Notification1 dated 26.12.2016 notified Section 248 to 252 of the Companies Act, 2013 ("Act") and revised the process of striking off the name of the company...
LexCounsel Law Offices
Under common law rules and equitable principles, director's duties are largely derived from the law of agency and trusts. Under the law of agency, duties of skill, care and diligence are imposed...
PSA Legal Counsellors
The Ministry of Corporate Affairs notified secretarial standard 2 ("SS-2") on April 23, 2015 which came into effect from July 1, 2015.
LexCounsel Law Offices
The erstwhile Companies Act, 1956 contained no statement of statutory duties of directors, and acts of directors were usually reviewed in the context of their powers in terms of section 291 of the CA 1956 .
Khaitan & Co
The MCA had exempted private companies in India from the applicability of certain provisions under the Companies Act, 2013 for operational flexibility and reduction of compliance requirements, vide a notification dated 5 June 2015.
S.C. Vasudeva & Co.
The Companies Act, 2013 has defined internal control in two places. One definition is given under Section 134(5) (e). Another definition is given in Section 134(10) by way of inclusion of Standard on Auditing.
A legal contract or an agreement is not a mere piece of paper for signing between two parties but it protects one business entity with its rights and remedies.
Vaish Associates Advocates
Ever since India's biggest-ever corporate fraud and governance failure unearthed at Satyam Computer Services Limited, the concerns about good Corporate Governance have increased phenomenally.
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