Corporate Laws
Grounds for Appeal at NCLT relating to Shares
We can conclude by that the markets must be free from frauds, misrepresentation, forgery, etc, and all these are stoutly maintained by NCLT.
Corporate Laws
Notice of Order of the Court or any Other Competent Authority [INC-28]
Introduction: On February 17, 2020, The Ministry of Corporate Affairs (MCA), issued procedures regarding filing documents in the MCA-21 registry, where it emphasized that a Resolution Professional (RP), Insolvency Resolution Professional (IRP), or a liquidator has been appointed for a company under the Insolvency and Bankruptcy Code of 2016. This Read more…
Social Issues
Drug Abuse and Illicit Trafficking a Critical Analysis of the Law and Enforcement in India
Introduction: Criminal activities started when human beings lost their faith in God, became materialistic in nature, and due to which the establishment of the institution of criminal justice was considered a necessary evil. Drug abuse and illicit trafficking are the outcomes of these criminal activities that have kept humans in Read more…
Corporate Laws
A Report by a Company to ROC for Intimating the Disqualification of the Director [Form DIR-9]
Introduction: A director is considered to be an agent of the company and his/her prime responsibility as a director is towards the efficient conduct of the business of that particular company. The director has a fiduciary relationship with both the company and also the shareholders. If he/she fails to do Read more…
Corporate Laws
Particulars of Appointment of Directors and the Key Managerial Personnel and the Changes among them [Form DIR-12]
Introduction: On 5 November 2017, the Ministry of Corporate Affairs directed that it has struck down around 2.24 lakh shell companies that were considered inactive by the government of India. This step was said to be taken because most of these companies were not filing their annual returns, financial statements, Read more…
Corporate Laws
Provisional Patent Registration
Introduction: Intellectual Property Law in India has evolved in numerous ways possible by incorporating different methods to facilitate and protect the rights of Intellectual Property owners. The pandemic has slowed down these trends with having to push back the dates, deadlines, etc. Intellectual Property Law in simple terms means, a Read more…
Corporate Laws
Prohibition on Forward Dealing in Securities of Company by Director or Key Managerial Personnel
Introduction: There have been many amendments regarding the companies act of 2013. The latest being the addition of the financial statement in schedule III with new clauses, as of 24 March 2021.[1] My focus and highlight for this particular article will be on Section 194 of the Companies Act of Read more…
Law of Contracts
Distinction between Consideration and Conditional Performance of Contractual Obligation
Introduction: A contract is considered as a mutual obligation between two or more parties, based on legal precepts that make a contract mutually binding. A written contract is considered more legally binding than an oral contract. In simple words, a contract is formed when an individual or a group makes Read more…