Director identification number (DIN) refers to a unique identification number of 8 digits allotted to an individual who is willing to become a director or is an existing director of a company. MCA vide amendment of Companies (Appointment and Qualification of Directors) Rules, 2014 came with a new initiative of updation of KYC of directors […]
MCA vide circular dated 05th May, 2020 allowed the Companies to conduct their AGM through video conferencing during the calendar year 2020 (up to 31st December, 2020), subject to the fulfillment of the following requirements: A. For companies which are required to provide the facility of e-voting under the Act, or any other company which […]
Conducting General Meetings through Video Conferencing (VC) or Other Audio Visual Means (OAVM) – MCA General Circular No. 14/2020 dated 08.04.2020 Background We all are aware that there is no provision under the Companies Act, 2013 (“the Act”) regarding holding of General Meetings through Video Conferencing (VC) or Other Audio Visual Means (OAVM). Keeping in […]
Section 8 Company Section 8 Company is a legal entity that promotes commerce, art, science, sports, education, research, social welfare, religion, charity, environmental protection, and the likes of it. Though similar to Trusts or Societies, a Section 8 Company is registered under the Ministry of Corporate Affairs for charitable / not-for-profit purposes and administered through […]
Current situation created due to COVID-19 doesn’t allow stepping out and public gathering; therefore MCA has allowed conducting shareholders’ Meeting (AGM and EGM) through VC or OAVM.
FACTS ABOUT INDIAN NEWSPAPER INDUSTRY – The first newspaper in the country was started in 1780 by the British and was known as Hicky’s Bengal Gazette. 1. From a little over 200 dailies published in the post-independence India, to over 100,000 registered newspapers and periodicals as of 2015, the print media in India has matured […]
This Covid-19 pandemic has caused havoc not only nationally but internationally as well. Initially it was not in deep thoughts that India will be having any likely effect from the pandemic which was then impacting only the foreign directives. In other words the world economies will also have an impact upon Indian economy. To begin […]
INTRODUCTION – ALTERNATIVE DISPUTE RESOLUTION MECHANISM The Indian judicial system is known for its heavy burden, long years of litigation which is the reason, alternative dispute resolution mechanisms have been put into place to resolve disputes speedily and arrive at a settled situation for parties under a commercial understanding. Arbitration is one of such alternative […]
Most of the Trademark applicant’s end up losing their money, spent on trademark application and professional fee. They also tend to lose something more important than money i.e. their Precious time and Hope. A normal process of a Trademark registration approximately lies between one month to two years. Filing of a Trademark application without taking […]
PRELUDE Since the start of the year 2019, the Government of India has been planning to introduce the concept of Pre-Package Insolvency Schemes in the Indian Insolvency & Bankruptcy Code (IBC). Now due to COVID-19, the businesses all over the country have faced the worst hit since the global economic slowdown of 2008-2009 and it […]
