Soumya has done LLB (Hons) and has a 2+years experience in writing. Her main interest is in reading judgments, new enactments and amendments taking around in law. She always strives to bring the best to work that she does.
Introduction The (NCLAT) National Company Law Appellate Tribunal can initiate the (CIRP) that is Corporate Insolvency Resolution Process under section 7 and section 9 of the Insolvency and Bankruptcy Code,...
The conundrum as whether section 29A of Insolvency and Bankruptcy Code, 2016 will apply to scheme of arrangement under section 230 of the Companies Act, 2013 has been laid to...
Differential voting rights refer to equity shares holding differential rights as to dividend. Section 43 (a) (ii) of Companies Act, 2013, allows a company limited by shares to issue differential...
The Shop and Establishment Act regulates most of the businesses in India that are enacted by each State Legislation in the Country. The primary objective of the Act is to...
The MCA/Ministry of Corporate Affairs on February 03, 2020, notifies the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2020. In exercise of the powers granted by sub-sections (1) and (2)...
A limitation of liability clause, or liability clause, is defined as a disclaimer for an agreement that limits the conditions under which the disclaiming party may be held liable for...
Managerial remuneration in the simple words is a remuneration paid to managerial personnel. Here managerial personnel includes directors both managing director and whole-time director and also the manager. As profits...
The Section 2 (16) of the Companies Act, 2013 defined the charge which says that charge can be – (i) An interest or a lien (ii) Which is created on...
Consolidation of Claims is mentioned under Section 38 and Verification of Claims is mentioned under Section 39 under Insolvency and Bankruptcy Code 2016. SECTION-38 Consolidation of claims The liquidator has...
MCA has enacted Companies (Amendment) Act, 2017 ("Amendment Act") on the suggestions made by Company Law Committee (CLC) and notified the same in the official gazette on May 7, 2018...
The Insolvency and Bankruptcy Code (IBC), 2016, has consolidated and amended the laws in relation to insolvency of Companies, Partnership Firms, and Limited Liability Partnership into a single legislation. This...
The concept of corporate structure is based on the very premise of the business idea brought into by a group of persons, backed up with funds from shareholders and creditors...
