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Archive: 15 February 2023

Posts in 15 February 2023

FAQs on Milestones & Illustrative Permissible Expenses For Reimbursement Under IFSCA (FinTech Incentive) Scheme, 2022

February 15, 2023 726 Views 0 comment Print

FAQs guides applicants with regard to milestones to be achieved & reimbursement of sanctioned grant amount under IFSCA (FinTech Incentive) Scheme, 2022.

Latest Case Law Related to IBC – October – December, 2022

February 15, 2023 2874 Views 0 comment Print

Stay up to date with the latest case law related to IBC in October, November and December 2022. Supreme Court finds OCs cannot enforce CIRP prematurely. AA must investigate plausible disputes, not feeble arguments.

Section 34 – Criminal Liability for Mis-Statements in Prospectus

February 15, 2023 72729 Views 0 comment Print

Section 34 of Companies Act 2013 deals with liability for shifting financial statements or prospectus. It specifies that any person who is found to be responsible for any false statement or misstatement in prospectus whether or not the prospectus is published shall be liable.

Section 338 of Companies Act 2013 – Liability if Proper Accounts not kept

February 15, 2023 3177 Views 0 comment Print

Ensure compliance with Section 338 of Companies Act 2013. Proper accounts should be kept to avoid liability & fines. Follow the Act’s rules & regulations & review records regularly.

Section 339 of Companies Act 2013 – Fraudulent conduct of business

February 15, 2023 11607 Views 0 comment Print

Learn how Section 339 of the Companies Act 2013 addresses fraudulent conduct of business in India. Analysis of implications & effects on shareholders & stakeholders.

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