The main focus of this research editorial is on Which are the entities to whom Company can give Loan/ Guarantee/ Security etc under Section 185 of Companies Act, 2013 as substituted by Companies (Amendment) Act, 2017 (Loan to Directors and entities in which directors are interested).
Short Summary In this Research editorial, the author begins by referring the provisions of Section 185(3) of Companies Act, 2013 as amended by Companies (Amendment) Act, 2017 (Loan to Directors and entities in which directors are interested). The main focus of this research editorial on “Whether a Company can give Loan/ G / S to […]
Whether a Company can give loan to other Companies or Body Corporates in which their directors are interested” If NO, why? If yes, then what are the Compliance a company required for the same
Dematerialization is the process of converting Physical Securities into electronic format. It should be related to Listing of securities. A Shareholder intending to dematerialize its securities needs to open a Demat account with Depository Participant.
Bunch of writ petitions have been filed by persons who were directors in companies incorporated under the provisions of the Indian Companies Act, 1956. Apart from these companies, these petitioners have stated in the writ petitions that they were directors of other companies as well and such companies are active.
In this flash editorial author shall through some light on the provisions of Conversion of Loan into Equity Share Capital of the Company as per provisiosn of Companies Act, 2013 and recent NCLT Judgement on the same.
In this flash editorial author discusses the provisions of liability of directors after strike off of Company or winding up of Company by tribunal after Struck off in the record of Registrar of Companies.
MCA has notified below mentioned 41 sections of Companies Amendment Act, 2017 w.e.f. 9th February, 2018 vide its notification dated 09th February 2018.
In this editorial the author shall discuss the some queries raised by professionals and Corporates / Key Effects in relation to Condonation of Delay Scheme, 2018. More than one month has been passed when the scheme notified by the MCA. However, still there are many issues are unanswered under this scheme:
In this Flash editorial, the author begins by referring the provisions of Removal of Disqualification of Director. While, MCA has issued Condonation of Delay scheme, 2018 as an opportunity to Disqualified Directors to remove their Disqualification.