Officer in Default – When is he Liable for Penalty?

Introduction. Section 2 clause 60 of Companies Act, 2013 [‘the Act’] defines the…

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Appointment of Branch Auditor – Ensuring Compliance with Provisions of Companies act, 2013

Introduction. Since the inception of the Companies Act 2013 (the Act), the obligations…

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Unraveling Electoral Bonds: Legal Implications of the Supreme Court’s Judgment

Introduction. The constitutional validity of Electoral Bond scheme and the amendments made by…

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Understanding Shorter Notice Consent in Calling Annual General Meeting

Introduction Companies Act, 2013, [‘the Act’] provides for convening of Annual General Meeting…

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Is Nominee Director liable to retire by rotation?

Introduction. Companies Act 2013 (‘the Act’) provides for management of companies by the…

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Implications of Not Carrying Out Business Activities as Per Memorandum of Association (MOA)

Introduction Section 4 of the Companies Act 2013 (Act) requires a company’s Memorandum of…

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