Introduction: Before 1947, in British India, our Indian society was full of orthodoxy which led to severe problems in the society which we can see even at the present time. Society was divided into higher-class people and backward class. People Read more
Introduction: Discrimination happens when people treat two individuals differently under the same circumstances. In other words, discrimination is an umbrella term that includes every type of biasness due to caste, religion, skin color, gender, etc. However, India has tasted the Read more
Introduction: The Ministry of Cooperate Affairs has launched its digital portal for easing out the process of legal and corporate compliance. All the compliances mentioned in the Companies Act, 1956, New Companies Act, 2013, and Limited Liability Partnership Act, 2008, Read more
Introduction: LLP[1] stands for Limited Liability Partnership, which combines the advantages of a corporation with the flexibility of a partnership. Regardless of changes in partners, the LLP can continue to exist. It has the ability to form contracts and possess Read more
Introduction: Directors are considered to be officers of a company who manages the affairs of the company. They are registered under the Companies Act and appointed by the company for the direction and management of the company’s business. They may Read more
Introduction: Company Law provides for notification to the Registrar of Companies of the appointment of a statutory auditor at the Annual General Meeting by shareholders. This is an annual intimation that was present in the previous Companies Act, 1956, and Read more
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 Read more
Introduction: The term “reconciliation of share capital” refers to the process of systematically matching the data of dematerialized and physically held securities with all other securities. In simple terms, it is also the reconciliation of the entire Share Capital of Read more
Introduction: All registered companies such as one-person companies, private limited company or limited companies are mandated to maintain a book of accounts and get it audited as per the Companies Act of 2013. Hence, after a company is incorporated, the Read more
Introduction: The provision for an audit committee is included in Section 177 of the Companies Act of 2013[1]. This section specifies the audit committee’s structure as well as its responsibilities. It is a very well-written provision that specifies how the Read more
Introduction: A company in legal terms is just an entity acting as per the laws and is an artificial entity working and serving the interests of a large number of people. It doesn’t have a soul or body of its Read more
Introduction: The procedure for forming a business has been simplified in recent years. Companies, on the other hand, are looking for ways to depart the business as a result of a growth in the number of compliances and laws with Read more