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Knowledge Hub - MMJC - Page 16
September 11, 2023
MMJC Insights 10 Sept, 2023
The MMJC insights dated 10 Sept, 2023 cover the following: Compliance Calendar for the month of September The regulatory updates issued in the month of August Articles: Section 179(3) vs Section 186(5) of the Companies Act, 2013 – Whether the board can delegate power to the committee for sanctioning investment in body corporate? LLP Amnesty
September 11, 2023
Can Limited Liability Partnership be considered Subsidiary of a Company?
Separate entities formed by an apex company (holding company) can be in the form of companies or partnership firm or limited liability partnership (LLP) or any other form, depending on the nature of business of the organization. Due to flexibility in operations and movement of funds, LLP is a preferred option by many corporates. Many
September 11, 2023
Unravelling the Ambiguities of the Digital Personal Data Protection Act, 2023: A Legal Perspective
Introduction: In an era where data drives our digital existence, the need for robust data protection legislation is more pressing than ever before. With the attempt to do justice to Article 21 of the Indian Constitution, Section 43A of the Information Technology Act, 2000 stands repealed and the Digital Personal Data Protection Act, 2023 (“Act“) seeks
September 9, 2023
ESG: From Challenges to Opportunities – A journey or roadmap towards ESG transformation!
Introduction Environmental, Social, and Governance (ESG) principles have gained significant traction in the corporate world, representing a fundamental shift towards more sustainable and socially responsible business practices. ESG factors evaluate a company’s impact on the environment, its commitment to social responsibility, and its governance practices. While ESG offers numerous benefits, it is not without its
August 31, 2023
CTC Journal – August 23
The CTC Journal for the August, 23 consists of the following: Adjudication order by the ROC – Delhi & Haryana dated 27 June 2023, for noncompliance of Section 149(8) in the matter of PTC India Financial Services Limited In the matter of Jaiprakash Associates (Appellant) vs. Neena Somani (Respondent). NCLAT New Delhi, order dated 9
August 25, 2023
MMJC Insights
This issue of MMJC insights covers the following: CSR: Compassionate Sustenance and Responsibility – Assessing Needs for abetter tomorrow. Tech-CSR: Where Innovation complements Responsibilities From Corporate Responsibility to classroom readiness: How CSR helps build a better future Are Start-Up Companies and Small Companies subject to lesser Penalties? Fair Practices Code: Safeguarding Stakeholder Interests in NBFCs
August 17, 2023
From Corporate Responsibility to classroom readiness: How CSR helps build a better future
Introduction: “The highest education is that which does not merely give us information but makes our life in Harmony with all existence.”- Rabindranath Tagore In today’s world, education is more important than ever, especially in rural areas where it is difficult for children to access quality education. Many children in rural areas lack access to
August 15, 2023
CTC Publication – July
July edition of the Chamber of Tax publication covers the following: ROC Adjudication Order – In the matter of Konwert India Motors Private Limited – Registrar of Companies, Coimbatore dated 18 May 2023 In the matter of Secure Kloud Technologies Limited (‘Appellant’) versus Securities Exchange Board of India (‘Respondent’) read with Securities Appellate Tribunal (‘SAT’)
August 11, 2023
Fair Practices Code: Safeguarding Stakeholder Interests in NBFCs
Why the Fair Practices Code? The primary business activity of a Non-Banking Financial Company (NBFC) is to grant loans to its customers. NBFCs and other financial institutions adopt different means to attract the borrowers to scale up their business. With a view to protect the rights of the borrowers and to ensure proper conduct of
August 11, 2023
Tech-CSR: Where Innovation complements Responsibilities
Introduction: In the ever-evolving landscape of business, corporate houses are increasingly recognizing the importance of incorporating social responsibility into their core strategies and technology is playing a key role in making this possible. Corporate Social Responsibility (CSR) is no longer just a buzzword, it has become a business imperative. And with technology evolving at lightning