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The Companies Act of 2013 oversees corporate governance in India. It was enacted by the Indian government on April 1, 2013, and entered into effect on April 1, 2014. This legislation has been condemned for lacking clarity in a number of areas. The Act does not define a company and instead leaves it to the […]
The Companies Act, 2013, is a comprehensive and significant piece of legislation governing the formation, operation, and management of companies in India. It replaced the Companies Act, 1956, and was enacted to modernize and align corporate laws with international best practices, enhance transparency, and improve corporate governance. The Companies Act of 2013, a product of […]
Due to the increasing economic growth and changes within the corporate world, the corporate sector has seen many frauds, insider trading, and false statements. The lifting of corporate veil came into existence to protect the members from the company’s action. This article will discuss the Lifting of Corporate Veil under the Companies Act, 2013 and […]
Copyright is one of the important intellectual property rights protecting the original works of authorship once the creator of the work communicates the creative effort in a physical form. Books, music, paintings, sculptures, and films are among the “creative works”. To be eligible for copyright, a work must be original, different from an author qualify […]
The Companies Act of 2013 governs the operation and establishment of corporations or firms. The first Companies Act following independence, which controlled corporate enterprises in the country, was passed in 1956 and was formed after the recommendations of the Bhabha Committee. This Act has been revised several times, and substantial revisions were implemented in 2013. […]
Citation: Writ Petition (Civil) No. 128 of 2019 Court: Supreme Court of India Janhit Abhiyan vs Union of India is a landmark case in Indian constitutional law that deals with the reservation of seats in educational institutions and employment opportunities for economically weaker sections of the society. The case was heard by a constitutional bench […]
A corporation recognised by the Companies Act of 2013 when read alongside the Nidhi Rules of 2014 is referred to as a “Nidhi company.” Their primary duties, which fall under the non-banking Indian finance sector, are money borrowing and lending among their members. It is a business that was set up specifically to instil the […]
The Ministry of Corporate Affairs (MCA) and the Offices of Registrar of Companies oversee the administration of the 2013 Companies Act on behalf of the Central Government. The Companies Act, 2013 replaces the 56-year-old Companies Act, 1956 in stages and codifies and updates the legislation governing corporations in India. With the addition of certain important […]
Entrepreneurship is the root of all business ventures in the globe. Entrepreneurship has spawned numerous discoveries, ideas, breakthroughs, products, and processes. Intellectual Property (IP) is an unavoidable component of any business endeavour. In the haste to make their business endeavour a success, many entrepreneurs overlook the issue of intellectual property (IP) and fail to make […]
In today’s rapidly evolving tech-centric world, Artificial Intelligence (AI) systems have garnered considerable attention and momentum. These advanced technologies are now on the cusp of producing remarkable inventions without any human involvement. This imminent reality raises critical questions about Intellectual Property Rights (IPR). It challenges conventional notions of patents and copyrights and introduces complex issues […]
Waste recycling and waste management are considered one of the critical processes for reducing environmental impact. The collection and processing of materials like paper, glass, plastic, and metal into new products is referred to as recycling, and it also involves the reduction in the need for raw materials. Waste management helps minimize the impact on […]
When one or more electric motors are used as the vehicle’s propulsion system in place of an internal combustion engine (ICE), the vehicle is referred to as an electric vehicle (EV). Electric vehicles (EVs) can be powered by batteries that are recharged by plugging the car into an electrical source or by hydrogen fuel cells, […]
We are all aware that companies of every kind and size carry out a variety of activities, including buying and selling goods. Company owners have specific responsibilities for every commercial transaction as an element of their ethical duty. Government agencies have established dates for certain obligations, and those deadlines must be met. Indian taxpayers must […]
Exporting batteries from India means selling and shipping batteries manufactured or sourced in India to customers or businesses in other countries. When any Indian company is involved in the sale of batteries, it is considered a commercial activity. Many types of batteries like automotive batteries, consumer electronic batteries, industrial batteries, etc. The aim of exporting […]