Though Section 149 (1) of the Companies Act, 2013, is touted for its progressive stance. But can a mandatory provision exhaust the patriarchal climate of the boardroom? Gayathri Balasubramanian asks some pressing questions on the efficacy and implementation of the provision. And if it will affect overall gender disparity and stereotypes in the workforce.
By Tanvi Praveen, Symbiosis Law School, Noida Editor’s note: Knowledge is said to be power. Nowhere does this hold truer than in the case of
Anonymous Editor’s note: India has been home to several scams post 1992, resulting to losses amounting to lakhs of crores of rupees to the economy.
By Sumit Kumar Suman, CNLU Editor’s Note: For the purpose of formation of a company there must be a process and that involves several stages. the
By Hardeep Singh Chawla and Aashna Chawla, Amity Law School Editor’s note: Securitization has undoubtedly emerged globally as an important technique for bundling assets and segregating risks
Sanchit Srivastava, Dr. Ram Manohar Lohiya National Law University Editor’s note: Corporate social responsibility rests on the theory that since a company utilizes the resources
Sanchit Srivastava, Dr. Ram Manohar Lohiya National Law University Editor’s note: Companies evolve their policies continuously in order to adapt to managerial decisions, competition, politics,
Sanchit Srivastava, Dr. Ram Manohar Lohiya National Law University Editor’s note: Indian corporate sector faces a massive problem of protecting minority shareholders from the dominant
In a one person company, only one person is required who can be a shareholder as well as the Director. The concept opens up spectacular possibilities for sole proprietors and entrepreneurs who can now take the advantages of limited liability and corporatization. The biggest difference between a sole proprietor and a One Person Company would be that in case of a One Person Company, the liability is limited to only the business assets. However, in case of a proprietorship, the liability is unlimited and the creditors can even take hold of the personal assets like your house, personal bank accounts, jewelry etc. which can be used to settle the business liabilities. There are various advantages of starting an OPC. One Person Company gets freedom from complying with many requirements as normally applicable to other private limited Companies. Certain sections like Section 96, 98 and sections 100 to 111 are not applicable for a One Person Company. OPC is indeed a harbinger of progress and industrial growth. It provides a perfect mixture of the unique characteristics of a company while performing with the independence and freedom of a sole proprietorship. This is a concept that is expected to give a big impetus to Corporatization in the country.
By Sanjana Sahu and Sahil Sharma, School of Law-KIIT University Editor’s Note: Corporate Governance is the system by which companies are directed and controlled. The Board
By Sonakshi Das, School of Law- KIIT University Editor’s Note: This paper discusses the need for a due diligence in M&A. In today’s business world,
By Amrit Subhadarsi, KIIT School of Law, Bhuvaneshwar “EDITOR’S NOTE:- In this era of corporate governance reforms, it has become imperative for the Indian financial
By Piyali Sengupta, HNLU, Raipur “Editor’s Note: The paper deals with the Foreign Exchange and Management Act, 1999 comprehensively.” INTRODUCTION The Foreign Exchange Management Act, 1999
By Sonakshi Das & Sanjana Sahu Editor’s Note: Insider Trading can simply be defined as Trading in the shares of a company by the person who
By Meenakshi Menon, NUALS Editor’s Note: Buying back of shares which is often taken as a defense against takeovers has been recently given legal recognition in India.