The Companies Act 2013 passed by the Parliament received the assent of the President of India on 29th August 2013. The Act consolidates and amends the law relating to companies. The Companies Act 2013 was notified in the Official Gazette… Read more
Category: Companies Act
Messer Holdings: Supreme Court Refuses to Decide on the Enforceability of Share Transfer Restrictions
The question of enforceability of share transfer restrictions in Indian companies has been a vexed one. Although the Bombay High Court has sought to bring about some resolution of the issues in its leading judgments of Messer Holdings v. Shyam… Read more
Companies (Amendment) Bill 2016: An Analysis
The Government placed a Bill to amend the Companies Act, 2013 (the “2013 Act”), passed less than 3 years ago, proposing nearly 100 amendments, purported to be for the ease of doing business. Most of the amendments proposed in the… Read more
Bidding Goodbye to Creditors’ Voluntary Liquidation
Voluntary winding up under the Companies Act, 1956 has been segregated into two different types, i.e. members’ voluntary winding up and creditors’ voluntary winding up. But the Companies Act, 2013 eliminated distinction between members’ voluntary winding up and creditors’ voluntary… Read more
Streamlining Documents for Better Business Processing
Organization is a complex structure. Whether it’s a venture or a long-established firm, all organization comprise of multiple functional structures. A lot of energy and dedication make these processes work. Every single department has to work its best to make… Read more
4 Reasons Why Pvt. Ltd. Cos are back in Fashion
“Is it better for startups to opt for an LLP instead of a private limited?” “Doomsday for private limited companies!” “Draconian Companies Act 2013 makes life for private limited companies a bed of thorns!”“Startups…forget about private limited, LLP is the… Read more