Company Law and Corporate Governance

Introduction A company is considered an artificial person, lacking a mind or body, incapable of a...

Directors play a crucial role in the governance and management of companies. Their types and resp...

The Companies Act 2013 in India lays down specific guidelines that outline the powers and duties ...

Appointment of Directors Directors are appointed to oversee the management of a company and make ...

In the corporate governance framework, various committees play crucial roles in ensuring the effi...

Managerial remuneration refers to the compensation paid to the managerial personnel of a company,...

Qualifications of an Auditor The Companies Act 2013, specifically Section 141, delineates the qua...

Company meetings play a pivotal role in the governance and decision-making processes of a corpora...

What is a Corporation? A corporation is a legal entity that is distinct and separate from its own...

Definition of Corporate Governance According to the Institute of Company Secretaries of India (IC...

Corporate governance in India has made significant strides but continues to face numerous challen...

Agency Theory The relationship between principals, such as a company's shareholders, and agents,...

Cadbury Committiees The Cadbury Committee Report, officially titled “Financial Aspects of Corpora...

Disclosures in company law are crucial for ensuring transparency and providing shareholders, inve...

Financial disclosures provide quantitative data necessary for evaluating the financial health and...

Financial and operating results disclosures provide a holistic view of a company's health, showin...

1. Ensuring Transparency The primary objective is to maintain a high level of transparency in all...

Ownership disclosures, as mandated by corporate regulations such as the Companies Act, 2013, play...

In the rapidly evolving business environment, the need for substantial funding and the ability to...

Definition of a Promoter Promoters play a critical role in the journey of transforming a business...

The Memorandum of Association (MOA) is a cornerstone document in the formation and registration o...

The Articles of Association (AOA) plays a crucial role in the management and administration of a ...

Understanding the distinctions between the Memorandum of Association (MOA) and the Articles of As...

The Doctrine of Ultra Vires plays a critical role in company law, safeguarding the interests of s...

The Doctrine of Constructive Notice is a fundamental principle in corporate law, particularly out...

The Doctrine of Indoor Management, also known as the Turquand Rule, plays a pivotal role in corpo...

The Certificate of Incorporation (COI) is often referred to as the "birth certificate" of a compa...

A prospectus is a pivotal document within company law, acting as a formal proposal to the public,...

The Statement in Lieu of Prospectus is a document outlined under Section 70 of the Companies Act,...

Internal Controls encompass a broad set of procedures and mechanisms designed to ensure the integ...

The responsibility for internal controls rests primarily with management, who must ensure that ef...

The mechanism of an internal control system comprises five interconnected components that work to...

Winding up a company subject to the supervision of the court is a unique hybrid process that comb...

Winding up of a company, also known as liquidation, is defined as the proceedings by which a comp...

Voluntary winding up of a company is a process initiated by the company's members (shareholders) ...

A Company Liquidator is a crucial figure in the process of winding up a company. This individual,...

Preferential payments in the context of company liquidation or bankruptcy refer to payments or tr...

In the context of company law, specifically under Section 285 of the Companies Act 2013, the "Set...

Introduction Section 276 of the Companies Act outlines the circumstances and procedures for the r...

Introduction In company law, a "winding up order" is a legal directive issued by a court to disso...

Overview During the liquidation of a company, auditing the liquidator's accounts is crucial to en...

Introduction The final meeting and subsequent dissolution of a company represent the final stages...

Definition Company Law refers to the set of laws that regulate, govern, guide, take care of, and ...

The Companies Act, of 2013, is a significant legislative step forward in enhancing the regulation...

Definitions Lord Justice James: A company is "an association of many persons who contribute mon...

Companies are distinguished from other forms of organizations by specific features that define th...

Chartered Companies Chartered companies are formed by a royal charter granted by the monarch. The...

Basis for Comparison Criteria Private Limited Company Public Limited Company Meaning Not l...

The terms "Limited" and "Private Limited" signify a company's legal status of limited liability, ...