Dated: 29th June 2020 G.S.R (E).- In exercise of the powers conferred by sub-sections (I), (2) and Sub-section (4) of section 248 read with section 469 of the Companies Act,…
Video conferencing or other audio visual means : "video conferencing or other audio visual means" means audio- visual electronic communication facility employed which enables all the persons participating in a…
What does that mean ? In general sense, compounding means settling matters by a payment of penalty decide by authority. It is “doing the default good”. It is an speedy…
Force Majeure is a common clause in contracts that essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such…
What is dormant Company? In common parlance, the word “Dormant” means inactive or inoperative. Dormant company is defined under section 455 of the companies act,2013. As per Companies act Dormant…
Every company must have a registered office capable of receiving and acknowledging all communications and notices as may be addressed to it, within 30 days of its incorporation and at…
“Breach of Promise is no less an act of insolvency than a refusal to pay one’s debt”- Mahatma Gandhi “The insolvency law provides a new lifeline for stressed companies to…
OVERVIEW A patent is a right granted to an inventor by the federal government that permits the inventor to exclude others from making, selling or using the invention for a…
After the emergence of SARS COV-2 or COVID-19 China has been in the news for all the wrong reasons. Many countries including USA are very vocal about the mishandling of…
