Company Law

1. Introduction to the CaseThis article examines the incident involving M/s Lunar Ventures Limited, located at 75 A. T. Plaza, Brahmaputra Road, Dispur, Guwahati, Assam. The Registrar of Companies (RO...

Background OverviewGeneral IntroductionThe case focuses on a financial service organization, M/s. Musiri Kamdhenu Nidhi Limited, based in Tiruchirappalli, Tamil Nadu. This company defaulted in submitt...

STATUTORY AUDITORS PROTECTED: GUJARAT HIGH COURT DISMISSES FIR IN RPT DISCLOSURE CASE1. Introduction to the CaseThe Gujarat High Court has delivered a significant judgment providing relief to statutor...

1. Background and ContextThe governance landscape for directors of listed entities has undergone significant transformation with the implementation of SEBI (Listing Obligations and Disclosure Requirem...

1. Introduction to DematerializationDematerialization refers to changing physical share certificates into an electronic format stored in a Demat account through a Depository Participant (DP). Updated...

OverviewAs of July 1, 2025, the Ministry of Corporate Affairs (MCA) has expanded the requirement for the dematerialization of securities, initially applied to public companies since October 2, 2018, t...

1. OverviewThe landmark case of Mahanadi Coalfields Ltd. v. Brajrajnagar Coal Mines Workers' Union sheds light on the regularization of contract labor. This case dealt with the question of whether con...

Relevant Legal Framework:Applicable Legislation: Section 366 of the Companies Act, 2013Applicable Regulation: Rule 3 of the Companies (Authorized to Register) Rules, 2014Prerequisites for LLP Prior to...

Introduction: Key SEBI Listing Regulations ExplainedThe SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, are instrumental in ensuring ethical, transparent, and accountabl...

1. Overview of the Industrial Relations Code, 2020The Industrial Relations Code of 2020 marks a significant shift in the regulation and administration of workplace relationships in India's evolving la...

Overview: A firm, dormant for the last two years and featuring a director based overseas, seeks voluntary deregistration via submission of Form STK-2, aligning with Section 248(2) of the Companies Act...

IntroductionThere are two primary routes for allocating ESOPs to employees: the Direct Route and the Trust Route. This article focuses on the Direct Route where a company grants stock options directly...

Introduction to the CaseM/s KonoriaPlaschem Limited, a Bangalore-based listed entity on the Bombay Stock Exchange, failed to appoint an internal auditor from April 1, 2014, to December 30, 2020. This...

The Concept of RatificationIn essence, ratification grants formal approval to an action initially carried out without the requisite sanction, thus rendering it valid. The Latin phrase "Omnis ratihabit...

Introduction: MSME Form 1 is a biannual submission mandated by Section 405 of the Companies Act, 2013. This form serves to track the payment history of businesses to Micro and Small Enterprises (MSEs)...

IntroductionConsider XYZ Innovations Pvt Ltd, a nimble start-up that has recently merged with its wholly-owned subsidiary, XYZ Energy Solutions. The merger was implemented through the expedited proces...

1. Essentials for Pre-ConversionBefore Initiating the Transformation:Minimum Personnel Requirement: Public entities require seven partners, while private ones necessitate a minimum of three directors....

IntroductionA Company Secretary (CS) is instrumental in preparing the Directors' Report for a company. The CS aids the board in drafting this report, ensuring adherence to the applicable provisions of...

Definition of Listed Company:A "listed company" refers to any company with securities listed on a recognized stock exchange.Key Features of Listed Companies:Shares must be in dematerialized form.Secre...

Foundation: According to Section 45-1A of the RBI Act, 1934, NBFCs must acquire a Certificate of Registration (CoR) from the RBI to start or continue business operations as per Section 45-1A of the RB...