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Jurisdictional limit of the IBC, restricting its application only to legally incorporated corporate entities, thus excluding informal or unincorporated associations like joint ventures or partnership firms (unless they are registered as LLPs).

In the matter Gagan Chhabra-Appellant vs SMS Vishwa JV -Respondent at Supreme Court…

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Courtroom Clarity: Distinguishing limited liability in case of Sole Proprietorship and OPC

Introduction. Ever since the evolution of entrepreneurship, the sole proprietorship is the most…

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Do shareholders have a say in Non-executive Directors remuneration in case of adequacy of profits?

“executive director” means a whole time director as defined in clause (94) of…

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Evolving AGM Norms: From Pandemic Relief to Permanent Reform?

Background: Owing to the COVID-19 pandemic and the social distancing norms in place…

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Understanding Substantial Compliance of Section 184 in case of closely held companies.

Introduction: Under the Companies Act 2013 (the Act), the role of a ‘director’…

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Representations of body corporate at general meetings – role of nominee shareholders

Introduction The Companies Act 2013 (the Act) allows the body corporates, that is…

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