Company Law

Private Company In 2013 the Indian Parliament partly substituted the 1956 Company’s Act for the Companies Act of 2013, with the goal of bringing improvements to the country's present economic needs and compliance with international corporate practices. However, it should be noted that there are still few provisions in force from the 1956 Act. The Act governs all registered companies and focuses largely on corporate governance. The Act creates a limited corporation with 2-200 employees and a minimum of 2 directors, owned by private individuals. After receiving a certificate of incorporation, it may begin business. Under Article 68(2), the private company shall not issue publicly shares and its shareholders shall be limited to shares being exchanged and there is no provision regarding...

Introduction Recently, there have been various opinions and views shared concerning the companies’ Corporate Social Responsibility activity, which has emerged as a vital part of a company's responsibility towards society. Therefore, to analyze CSR's impact upon the brand value, financial performance, sales revenue, and advertising expenses of a company, there has been a variation created in the provisions of the Companies Act, 2013, under section 135, which states that a company with a certain profit threshold shall invest 2% on Corporate Social Responsibility. It also requires a company above the threshold to incorporate a Corporate Social Responsibility (CSR) Committee, which shall be responsible for the formulation of CSR policies in the firm. When the new Companies' Act was enac...

Introduction: Corporate Debt restructuring helps the banks or companies facing financial problems for restructuring their debt, which may arise due to internal or external factors. The whole process remains non- voluntary with the motive to extend help and revive them while protecting the interest of stakeholders, investors, and other lenders of such parties. CDR facilitates those corporate entities which have taken loans from different financial institutions. CDR and Insolvency: The phenomenon of restructuring is applied during the company's financial difficulties i.e., at the verge of insolvency. Restructuring can be considered when the company can viably carry out the operations, but it is incurring losses. It may be due to the change in government policies, interest rate, or ...

Introduction Today, most of the international business hubs are penetrating the Indian market. India has been the top priority destination for foreign direct investment after the Indian economic policy change, 1991. Many international companies visualize India as a hub for manufacturing goods and support operations due to skilled and cheap manpower. However, there is still some risk concerning the parent company's cultural complexities and operational guidelines. For example, Gillette is one of the leading manufacturers of Razors, had first attempted to introduce razors in the Indian Market. The company had to face alot of criticism and disappointment until they had to put marketing efforts and innovate their design to suit the Indian men's requirements. Impact on Companies Act W...