I. Concept of Startup India: Startup India campaign is based on an action plan aimed at promoting bank financing for start-up ventures to boost entrepreneurship and encourage start-ups with jobs creation. The campaign was first announced by our Prime Minister Shri. Narendra Modi on 15th August, 2015. It is focused on to restrict role of …
I. Introduction of BSE SME Platform Small and medium enterprises (SMEs) in developing countries like India are the backbone of the nation’s economy. They constitute the bulk of the industrial base and also contribute significantly to their exports as well as to their Gross Domestic Product (GDP) or Gross National Product (GNP). Micro, Small and …
I. Introduction: The Juvenile Justice (Care and Protection of Children) Act, 2015 has come into force with effect from 15th January, 2016 repealing the 15-year-old Juvenile Justice (Care and Protection of Children) Act, 2000. II. Background: In much hyped Nirbhaya case, it was found that one of the accused was yet to turn 18 years …
1. INTRODUCTION: eBiz is one of the integrated services projects and part of the 27 Mission Mode Projects (MMPs) under the National E-Governance Plan (NEGP) of the Government of India. eBiz is being implemented by Infosys Technologies Limited (Infosys). The focus of eBiz is to improve the business environment in the country by enabling fast …
Introduction Foreign Trade can be understood as exchange of goods and services across International Territories and Borders. This exchange of goods and services between India and various other countries is usually regulated by the Government of India, in the form of a written plan of action rationalizing the course of action of the Government. In …
With a view to facilitate the promotion, development and enhancing the competitiveness of micro, small and medium enterprises, the Micro, Small and Medium Enterprises Development Act, 2006 (“MSMED Act”) has been enacted. ELIGIBILITY FOR REGISTRATION: For an enterprise to get registration under the MSMED Act, it must qualify as a micro or a small or as …
The Micro, Small and Medium Enterprises Development Act, 2006 Read More »
I. Introduction: The rapid globalization of the Indian economy led to the enactment of new liberal policies and in turn India opened up to foreign investments in varied industries and sectors. But this came along with a disadvantage of increase in the number of commercial disputes. But with time it was soon realized that India’s …
Amendment to Arbitration and Conciliation Act, 1996 Read More »
I. INTRODUCTION The financial/ corporate frauds and scams which have taken place in India, required the attention of the Law makers. It was high time to evaluate the high standards in corporate governance and implement stringent provisions to tackle corporate Fraud. The problem was on the rise both in its frequency and severity. The increasing …
Introduction: Annual return is the snapshot of certain company information as they stood on the close of the financial year. Section 92 of the Companies Act, 2013 deals with Annual Return of the Company. Objective of Filing the return: The basic purpose of filing annual return with the Registrar of Companies (‘ROC’) is to provide …
The phrase ‘voting by electronic means’ is defined in the Companies (Management & Administration) Rules, 2014 as substituted by the Companies (Management and Administration) Amendment Rules, 2015 and the SS – 2 as to includes ‘remote e-voting’ and voting at the general meeting through an electronic voting system which may be the same as used …
E-voting Provisions Under Secretarial Standards-2 Read More »
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