Corporate and IBC Law

Section 252 of the Companies Act, 2013, deals with the filing of Appeal/Application with the National Company Law Tribunal (NCLT) for revival of Companies struck-off under Section 248 of the Companies Act.  The excerpt of Section 252, is as below:

Supreme Court in Pawan Kumar Goel[1] – No Vicarious Liability on Director of Company in Cheque Bounce issue, if the Company is not arraigned as accused: The Supreme Court in the case of Pawan Kumar Goel has reiterated that the director of a company is not vicarious labile, if the

An interesting question has arisen before the National Company Law Appellate Tribunal (for brevity ‘NCLAT’) in the matter of Printland Digital (India) Private Limited vs Nirmal Trading Company[1]. The question involves the rights of the adjudicating authority, that is National Company Law Tribunal (for brevity ‘NCLT’). The facts before Hon’ble

All are aware that the concept of Corporate Social Responsibility (CSR) was introduced by the Companies Act, 2013 (Act) with effect from 01.04.2014, not a mandatory provision, but over the years, the provisions have been made mandatory and the implementation taken seriously. The amendment to the CSR Rules made vide

Introduction: It is observed from the  recent judgments of National Company Law Tribunals (for brevity ‘NCLT’/’Tribunal’) that there is an ambiguity as to the extent the objections raised by Income Tax Department should be taken into consideration while the Tribunals sanction a scheme under the provisions of Section 230 –

We are aware that the Companies Act, 2013, received the assent of the President on 29.08.2013, and the provisions came into effect in a phased manner from 12.09.2013. The Companies Act, 2013, was enacted on the basis of the various recommendations suggested by the very famous J.J.Irani Committee, in their

In view of the outbreak of COVID-19, protection and safety of the lives, is the utmost priority, and compliance of the law is secondary, and in this regard, to support and enable Companies and LLPs in India, to address the threat and economic disruptions caused by COVID-19, the Ministry of

An attempt is being made to list out on the provisions relating to the conduct of the Board and General Meeting, and relaxations by the Ministry of Corporate Affairs relating thereto. BOARD MEETINGS:  All are aware that Section 173 of the Companies Act, 2013, prescribes, the manner in which the

Vide General Circular No.6 of 2020, Dt: 04.03.2020, the Ministry of Corporate Affairs, had introduced the LLP Settlement Scheme, to be effective from 16.03.2020, wherein, it was provided for Limited Liability Partnerships (LLP) to file the pending returns to be filed by the LLPs, without any additional fees. Amidst the

In this Article, an attempt is made to list out the concept of Corporate Social Responsibility, under the Companies Act, 2013, and the recent clarifications/directions from the Ministry, with specific reference to COVID-19. The concept of Corporate Social Responsibility (CSR) was introduced by the Companies Act, 2013 (Act) with effect