Companies cannot give loans or guarantees to directors or related parties. Exceptions apply only with strict conditions and disclosures.
Explains statutory framework governing public offers, private placements, prospectus disclosures, allotment procedures, and investor protection safeguards.
This article breaks down Section 12 requirements on maintaining and verifying a registered office. The key takeaway is that non-compliance can trigger penalties and strike-off action.
Auditor Appointment Rules Explained Under Section 139 of Companies Act; How Auditors Are Appointed, Reappointed, and Rotated in Companies; Section 139 Decoded: Tenure Limits and Auditor Independence; Audit Committee’s Role in Auditor Appointment and Rotation Explained Section 139 of the Companies Act, 2013 lays down a comprehensive framework for appointment, tenure, rotation, and reappointment of auditors to […]