CONCEPT OF ILLEGAL ASSOCIATION IN COMPANY LAW
I. INTRODUCTION TO ILLEGAL ASSOCIATION To curb “Illegal Association” the law has set a limit on the number of individuals that can make up an association or partnership in order to prevent th...
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Relaxation Scheme on Charges under Company Law during Covid-19
The Companies Act, 2013 defines a Charge as an interest or lien created on the assets or property of a Company or any of its undertaking as security and includes a mortgage U/s 2(16). In the earlier A...
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Conversion of Public Limited Company into Private Limited Company
There are largely two types of Companies, One is a Private Limited Company and the other is Public Limited Company. Public Company is defined in S. 2 (68) of the Companies Act, 2013, and Private Compa...
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Appointment Of Company Secretary Under Companies Act, 2013
I. INTRODUCTION Despite the name, the role of company secretary is not a secretarial or clerical one in the usual sense. In fact, a company secretary is typically ‘Senior Managerial Personnel...
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All About Nidhi Companies
According to Indian language Nidhi means treasure. Nidhi company is formed mainly for cultivating the habit of thrift and savings amongst its members. Nidhi company is also called by the name Mutual B...
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Consequences of Dissolution of A Partnership Firm
The dissolution of the firm means when the partnership between all the partners is dissolved, then it is called the dissolution of the partnership firm. After the dissolution of the firm, the partners...
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Business Responsibility Report
Business Responsibility Report is a disclosure of the adoption of responsible business practices by listed companies to all its stakeholders. This is necessary for considering the fact that these comp...
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Whistleblower Policy (Vigil Mechanism)
The Company has adopted a Code of Conduct for Directors and Senior Management Executives (“the Code”), which lays down the principles and standards that should govern the actions of the Company an...
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Loan And Investment by Company Under The Companies Act, 2013
The Companies Act, 2013 brought about a standard shift in the Indian Corporate environment by replacing the 58-year-old Companies Act, 1956. The purpose of replacing the Companies Act, 1956 was to enh...
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