"A Practicing Company Secretary, Graduate in Commerce; POSH Consultant; an Associate Member of the Institute of Company Secretaries of India, New Delhi, having knowledge in Corporate and Secretarial Law. "
Prevention of Sexual harassment at Workplace Act, 2013 (POSH) is an Act devised for the safety of women at workplace and let live with dignity and respect. The Act mandates every EMPLOYER to abide by its duty of safeguarding the right of the women at workplace and develop a workplace culture safe for women.
Term Sheet in Business: Many might have come across this word ‘Term Sheet‘ which is often used in major business agreements, documents etc. A term sheet is the first step towards business contracts wherein important terms and conditions are discussed at a base level before penning it down through a contract or an agreement. So […]
Now-a-days Search Reports have become an integral part of documents by banks while sanctioning loans. Whether it be relating to any property title or any encumbrances created on the same. Banks have become more cautious while providing loans against properties to individuals and/or companies with a view to avoid future consequences.
A newly incorporated business in any form i.e. whether sole proprietor or partnership or LLP or Companies require funds or finance to grow and run its business effectively. The sales (revenue) are the main form of cashflows to the business. Sometimes the business requires additional funding for future growth and efficiency. Therefore the business approaches […]
Deposits are a means through which companies generally acquire funding. When the Directors are not in the verge to dilute their stake, they may opt for deposits from public at large. Section 73 to 76 of the Companies Act 2013 read with Rules made under Chapter V of the Companies Act, 2013 regulate the invitation […]
Labour law also known as employment law is the body of laws, administrative rulings, and precedents which address the legal rights of, and restrictions on, working people and their organizations. The Constitution of India is the main foundation in framing the basis of rights of individuals under labour and employment. The labour and employment laws […]
There are various ways through which a company can raise capital i.e. issue of equity, preference shares, issue of debentures, bonds, deposits etc. If the shareholders are not willing to dilute their stake then they may go for issue of debentures, bonds, accepting deposits etc. Another way is issue of shares (equity or preference) by […]
Sometimes when the Company is in need of funds without diluting its equity state, the Company opts for Debentures Issue. Debenture is debt to the Company. It’s like a loan which needs to be repaid over a certain period of time. Debentures carry fixed interest rate. Lets discuss more on debentures. Both corporations and governments […]
Once the Company is incorporated, we forget about the various compliances which needs to be followed. Obtaining the Certificate of Incorporation is only a starting point for a series of compliances a company has to follow under various legislations in India from time to time. Non-compliance would lead to fines and penalties on the Directors […]
Committees comprise of Board Members along with experts in such field for which the Committee has been formed. However, the Board of Directors are ultimately responsible for the acts of the committee. Board is responsible for defining the committee role and structure.
