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Applicability of Maintenance of Cost Records As per sub-section (I) of section 148 of the Companies Act 2013 and rule 3 of Companies (cost records and audit) Rules, 2014 Companies engaged in
The Hon’ble Supreme Court in Gammon India Ltd. v. Commissioner of Customs, Mumbai has held that a Joint Venture itself is a legal entity Contrary view by Delhi High court in Judgment
A subsidiary company can hold shares in its holding company: (a) as the legal representative of a deceased member of the holding company; or (b) as a
When a company is incorporated under the Companies Act 2013, the Registrar of Companies ( RoC) enters the name of the company in a register maintained by him. The name of
(A) TERMS & CONDITIONS OF ACCEPTANCE OF DEPOSITS FROM MEMBERS OF A COMPANY A company (both private limited company & public limited company) may accept deposits from its members on
Nidhi companies are companies incorporated to lend money among members and accept deposit from members on mutual benefit basis. The main aim of the Nidhi companies is not maximization of
During May and upto June 16th, it was complete lock down in Kerala due to second wave of Covid 19. Even though the economic environment was damned during that time,
Government of India of launched Startup India initiative on 16th of January, 2016 to build a strong ecosystem that is conducive for the growth of startup businesses, to drive sustainable
It is an undisputed fact that ‘Kerala State road Transport Corporation’ and ‘Karnataka State Road Transport Corporation’ can be equally abbreviated as ‘KSRTC’. But who owns the trademark over the
Foreign exchange is one of the influencing factors of economic health of nations. Hence, very nation prescribe regulations on dealings in foreign exchange ; so also India . “Foreign exchange”
14 responses to “The Law Relating To Foreign Exchange Transactions In India”
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