The Companies Act, 2013 has introduced certain amendments in the provision of General Meeting. We discuss below some of the critical changes with regard to General Meetings, including the harsher penalty provisions for defaults. The provisions of this discussion are applicable to every company whether Private, Public or Subsidiary of Public Company. Broad Areas...Continue Reading
The Companies Act, 2013 has added more responsibilities and accountability on the Board of Directors of every Company. One such change for functioning of the company is for Directors to meet regularly, to take business decisions through Board Meetings. We discuss below some of the critical changes with regard to Board Meetings. The provisions of...Continue Reading
As you are all aware that the New Companies Act, 2013 has been implemented with effect from 01st April 2014. There are certain changes as notified by Ministry of Corporate Affairs which are effective immediately and need urgent attention, and there are certain provisions which are provided with a transitional period for compliance. Below...Continue Reading