Difference Between SARFAESI Act and DRT Act – Explained Simply
Borrowers facing loan recovery proceedings often hear two legal terms together: SARFAESI Act and DRT Act. While both deal with
What Is a Non-Performing Asset (NPA)? Legal Meaning Under SARFAESI
The term Non-Performing Asset (NPA) is the foundation on which recovery proceedings under the SARFAESI Act, 2002 are built. Many
SARFAESI Act, 2002 Explained: A Simple Guide for Borrowers
When borrowers default on loan repayments, banks and financial institutions often initiate recovery proceedings under the SARFAESI Act, 2002. For
Commercial Courts In Kerala
All Subordinate Judges Courts in the State of Kerala are designated commercial Courts under The Commercial Court Act of 2015
Buy Back of Shares of Unlisted Companies
1.INTRODUCTION Buy back of shares means buying back of its own shares or other specified securities by the company from
Reduction of Share Capital of a Company – An Overview
1. INTRODUCTION Reduction of share capital means the reduction of already issued, subscribed and paid-up capital of the Company. The
The Digital Personal Data Protection Act, 2023
THE DIGITAL PERSONAL DATA PROTECTION ACT, 2023 INTRODUCTION An Act to provide for the processing of digital personal data in
Details of Companies Struck Off by Registrar of Companies, Kerala Under Section 248(5) of The Companies Act 2013 in September, 2024
The Registrar of Companies , Kerala struck off the names of 132 companies under section 248(5) of the Companies Act
Gist of Adjudication Orders Passed by the Registrar of Companies , Kerala Under Section 454 of the Companies Act 2013 in the month of August 2024
Sl.No. Company Against which the order is passed & date Violation /Default by the Company Relevant provisions of the Act
Chapter XII of The Companies Act, 2013: Meetings of Board and its Powers
Chapter XII: Meetings of Board and its Powers Meetings of Board Notified Date of Section: 01/04/2014 173. 1,2&3[ (1) Every company shall
Chapter XI of Companies Act 2013: Appointment and Qualification of Directors
149- Company to have Board of Directors (1) Company shall have a Board of Directors: Every company shall have a
An Aide-Memoire on registration modification and satisfaction of charges
Chapter VI of the Companies Act 2013 containing sections from 77 to 87 and The Companies (Registration of Charges) Rules,
All about maintenance of cost records and cost audit under the Companies Act 2013
Applicability of Maintenance of Cost Records As per sub-section (I) of section 148 of the Companies Act 2013 and rule 3 of
Is Joint Venture a separate legal entity?
The Hon’ble Supreme Court in Gammon India Ltd. v. Commissioner of Customs, Mumbai has held that a Joint Venture itself is
When a subsidiary company can hold shares in its holding company?
A subsidiary company can hold shares in its holding company: (a) as the legal representative of a deceased member
When Does Shareholder / Member Of a Company Lose Limited Liability Protection and Become Severely Liable For The Debts Of The Company ?
A member or shareholder of an incorporated company is legally responsible for the company’s debts and obligations only up to the
Rectification Of Name Of Company
The Central Government shall ask to rectify the name of a company in the following two circumstances: The name of the
Note on Revival of Struck Off Company
When a company is incorporated under the Companies Act 2013, the Registrar of Companies ( RoC) enters the name of the
What company documents are available to shareholders on Request?
Section 17 of the Companies Act, 2013 says: (1) A company shall, on being so requested by a member, send
Service Of Notice & Any Other Document ‘ON’ & ‘BY’ a Company
Section 20 of the Companies Act 2013 details how notice & any other documents are to be served ‘on’ and