Articles

Whether keeping Company structure is like maintaining White Elephant?

After commencement of Companies Act, 2013 from 01st April, 2014 compliance requirement of Companies has been increased. Therefore it’s difficult for the Non-working Private Company to continue with Status of Active Company, because maintenance of company is expensive (like to Maintain a White Elephant) under companies Act, 2013 comparis...

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Closure of place of business of Foreign Company: Companies Act 2013

Under the relevant provisions of the Companies Act, 2013, provisions of closure of place of business of foreign Company in India is prescribed....

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Posted Under: Company Law |

All about Reduction of share capital under Companies Act, 2013

The Reduction of share capital is a delicate matter for both managerially and legally, its need to be handles with caution. Another name of reduction of share capital is internal reconstruction. Process of Reduction of share capital is first summed- up by the Hon’ble Supreme Court in Punjab Distilleries India Ltd. v. CIT, (1965) 35 Com ...

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Posted Under: Company Law |

Conversion of LLP into Company

Ministry of Corporate Affairs has passed a notification on 31st May, 2016 in such notification its allowed conversion of LLP into Company. For such conversion there is need to prepare a list of documents and required to file the same with ROC in forms like URC-1, INC-7, DIR-12, INC-22 etc. ...

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Posted Under: Company Law |

Compounding of Offences when no Specific Penalty prescribed under Companies Act, 2013

Under the relevant provisions of the Companies Act, 2013, offences committed under the Act entail penal consequences by way of fine, or imprisonment or both. . In this editorial, the author begins by referring the provisions of section 441 of the Companies Act, 2013...

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Posted Under: Company Law |

Foreign Direct Investment in LLP

In this Flash editorial, the auditor begins by referring the powers of RBI for amendment in Regulation, 2000. The main thrust of the article, however, is upon the provisions / regulations of Foreign Direct Investment in Limited Liability Partnership ...

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Posted Under: Company Law |

India’s Cash Deliverance

The financial sector in India is currently experiencing a golden age, and its biggest driver is the effort to move toward a less-cash economy. With reports suggesting that around 95% of all the transactions in the country were made using cash until very recently, it is a well-known fact that the life blood of the Indian economy has been c...

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Posted Under: Company Law |

Prime Minister Modi and the new art of Public Governance

In 1959, Arthur Bonner wrote a telling piece Indias masses: The Public Cant be reached. Chronicling challenges of public governance in a newly independent country, Bonner highlighted lack of effective communication as a serious barrierfor developing nationhood and a common purpose. ...

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Posted Under: Company Law |

The Modi Effect

Prime Minister Narendra Modi is beginning to be described as the most powerful head of government India has had since the heyday of Indira Gandhi. Even senior opposition leaders are now acknowledging this, with one of the senior most from the Congress party recently describing him as the most dominant political leader....

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Posted Under: Company Law |

Building a New Delhi Consensus

What kind of great power will India be? Is greatness an index of raw power - economic, military and political — or is it variable of a countrys ability to punch above its weight? While tipping one’s hat to the already robust debate in New Delhi’s strategic community about India’s future as a leading power,...

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Posted Under: Company Law |
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