Corporate Law - Page 3

All about Stamping of share certificate

Article explains Provisions of Stamping of share certificate, Stamp Duty Payable for Stamping, Where to Pay Stamp Duty, Documents required for Stamping of Share Certificates, Who is required to sign documents required for  Stamping of share certificate, Stamping under Normal Time Period when documents uploaded at the Portal,  Stamping o...

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Posted Under: Corporate Law |

‘Banning’ Real Estate Ad-campaigns: Consumer Protection law and RERA

Misleading ads are a menace and their have been no specific laws to deal with it. Similarly, real estate have been unregulated for decades together and introduction of The Real Estate (Regulation And Development) Act, 2016 (RERA). Though, still it has to be seen whether the purpose has been achieved in spirit but the delivery […]...

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Posted Under: Corporate Law |

Changing Positions of ‘Home-Buyers’ Under Insolvency and Bankruptcy Code, 2016: Marred with Uncertainty

Changing Positions of ‘Home-Buyers’ Under Insolvency and Bankruptcy Code, 2016: Marred with Uncertainty A Glance At The Predicament Of Real-Estate Sector Delay in completion of under-construction apartments has become a common phenomenon in contemporary India. The records indicate that out of 782 construction projects in India...

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Posted Under: Corporate Law |

FCRA registered associations to intimate online of change in their office bearers/key functionaries

F.No. II/21022/36(0207)/2015-FCRA-II (07/06/2019)

ll associations/persons who have been granted a certificate of registration and who have effected any change/modification in the details of their office bearers/key functionaries after their registration are hereby called upon to submit online application for additions/deletion/change of details in the statutory FORM FC-6E  about such of...

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 Provision of e-Nomination at Member Interface at Unified EPFO Portal

No NDC/2017/UAN/Pt./3143 (06/06/2019)

A facility for filing of online e-nomination is available at Member Interface of Unified Portal. In order to make this functionality compatible with online Form 10D claim to be filed by members and online composite claim Form 10D/20/5IF to be filed by nominees, some modifications have been incorporated in consultation with the ...

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FDI in LLP

There are many questions which arise in our mind in relation to FDI in LLP such as: -Who are the Eligible Investors? -What are the Eligible Investments? -Are all LLPs eligible for FDI? -How the investors will transfer the funds in the LLP and how the valuation will be done? -Last but not least, Reporting […]...

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Posted Under: Corporate Law |

CCI imposes penalty on Chemists & Druggists Association & Pharmaceutical Companies 

Competition Commission of India (‘Commission’) has found Madhya Pradesh Chemists and Druggist Association (‘MPCDA’), Indore Chemists Association (‘ICA’), Himalaya Drug Company (‘HDC’) and Intas Pharmaceuticals Limited (‘IPL’) along with some of their office bearers/officials to be in contravention of the provisions of ...

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Posted Under: Corporate Law |

MahaRERA: Procedure for transferring or assigning promoter’s rights and liabilities to a third party

Circular No:  24/2019  (04/06/2019)

Whereas, in accordance with Section 15 of the Real Estate (Regulation and Development) Act, 2016, the promoter shall not transfer or assign his majority rights and liabilities in respect of a real estate project to a third party without obtaining prior written consent from two-third allottees, except the promoter, and without the prior wr...

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Why Company or LLP over Sole Proprietors Firm

Many entrepreneurs start their businesses as a sole proprietorship due to low compliance requirements. However, as a business grows, it needs change, and the owner may need enhanced protection for his personal assets from business obligations and liabilities as well as a better vehicle to attract investors. As a result, you may need to co...

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Posted Under: Corporate Law |

Privatization of Public Sector Undertakings (PSUs)

Nowadays a debate is going on that Public Sector Undertakings (PSUs) must be privatized as they are not performing, their employees are not efficient etc. Rajiv Kumar, Vice-Chairman of NITI Aayog believes that the new government should  privatization of one PSU every week. Government starts privatization of PSUs by either selling its s...

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Posted Under: Corporate Law |

Corporate Law News

Corporate law deals with the operations and formation of corporations and is related to contract and other commercial law. Corporations are legal entities which are created through the incorporation laws of the state, the corporation is a legal and a distinct person which can sue and can be sued, separate from the stockholders. Until a corporation formally dissolves, it has a perpetual life; the demise of its stockholders or officials does not amend the structure of the corporation. Creation, operation, and their dissolution are governed by several laws such as the Company Law, Insolvency and the Bankruptcy law, Real Estate law, Gratuity Act, Minimum wages Act, Negotiable Instrument Act, Essential Commodities, SRFAESI Act, Competition Act, FDI Regulations etc.

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