Introduction The term video conferencing has become prevalent conference solution in the global business world today. Regardless of where you are, it allows you to have ‘face-to-face’ interaction with any one, any time and is cost-effective. Keeping in pace with the new technology, the Ministry of Corporate Affairs permitted companies to conduct Board Meetings through …
INTRODUCTION: Minutes, are notes or the instant written record of a meeting or hearing. It serves as a record or as an important source of information. People referring to it, assume it to be correct on the face of it. There is a statutory obligation on the Corporates under Companies Act, 2013 to record the …
It is that time of the year, which comes once in every five years, where every political party in India is seen competing with each other to woo the public for votes. The amount of money spent on canvassing by each political party is undoubtedly huge. There are many sources from where the political parties …
Political Contributions in India – Prohibitions & Restrictions Read More »
We all are aware that a Company being an artificial person does not have a physical presence. Therefore, it acts through its Board of Directors for carrying out its activities and for entering into various agreements. The Company uses Common Seal as its Signature. Here, comes the role of “Common Seal”. Definition of Common Seal: …
Introduction: The extant Foreign Direct Investment (‘FDI’) regulations, permit 100% FDI under the automatic route for trading companies engaged in the activity of Cash & Carry Wholesale Trading/ Wholesale Trading (hereinafter referred to as ‘Wholesale Trading’). However, earlier, this term was not specifically defined in the FDI policy. In 2010, the Government of India, through …
Foreign Direct Investment in Cash & Carry Wholesale Trading Read More »
Introduction The Companies Act, 2013 has not only removed the deficiencies in the earlier Act, but also introduced some new concepts. One of those is to make Companies realize their obligations towards the Society of which they are an important part of by spending some prescribed part of their earnings. This has been done by …
Corporate Social Responsibility – Applicability & Rules Read More »
Introduction: The concept of “Small Company” has been introduced for the first time by the Companies Act, 2013. The Act identifies some companies as small companies based on their capital and turnover for the purpose of providing certain relief/exemptions to these companies. Most of the exemptions provided to a small company are same as that …
INTRODUCTION The crowning of the Companies Act, 2013 (“new act”) is all ready to rule & reign the territory with everlasting superseding powers but the stick of administration has still not been completely passed into its hand, as still there are sections which needs to be notified so as to reign the entire region with …
The Ministry of Finance (“MoF“) through a press release dated September 27, 2013 (“Press Release“)1, has permitted unlisted Indian companies to list directly on offshore stock exchanges without prior or simultaneous or subsequent listing in India, which was not permitted earlier. The main features of Press Release are: Unlisted companies allowed to issue ADRs/ GDRs …
Indian Unlisted Companies Allowed to List Internationally Read More »
Introduction: As the cities are rapidly growing there is a need to create the required infrastructure for smooth flow of traffic and to provide all the requisite amenities such as electricity, water, education etc. Rapid urbanization and growth has forced government to acquire land for executing the infrastructure projects. Due to inadequacy of proper legal …
Harmonization of the varying interests through the new land acquisition law Read More »
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