Proactive suo-moto actions on non-compliance by companies under the Companies Act, 2013, help mitigate penalties, reduce legal risks, and maintain stakeholder trust.
Recently, we have observed that the Companies who failed to comply with the provisions of the Companies Act, 2013 within the stipulated time are witnessing the show cause notice from the Registrar of Companies in pursuance to power vested u/s 454 of the Companies Act, 2013 and consequently, penalties are being imposed upon the Company […]
Preferential Allotment and Private Placement are two distinct mechanisms through which companies can issue securities to select groups of investors. While both serve similar purposes, they have key differences as defined under the provisions of the Companies Act, 2013.