Courts are places of truth and justice, and parties must avoid making false statements or misrepresenting facts to gain an advantage. Filing a false affidavit and secreting material facts pose risks and costs to the court. Understanding the legal consequences is crucial for maintaining the fairness and usability of legal procedures. Table of Contents Definition…
In the heartland of Rajasthan, where agriculture and allied activities play a crucial role in livelihoods. Producer Companies stand as an attested way for collaboration. From improving market access to modern technologies, Producer Companies are covering up economic development, sustainable agricultural practices, and improved living standards. This article will explain the crucial role of Producers…
Time, Place, and Value of Supply are the three fundamental pillars of Goods and Services Tax (GST). These keystones indicate at the time of liability arises, where a transaction is deemed to occur, and how the taxable amount is measured. In this article, we will explore the meaning of Time, Place, and Value of Supply…
In the ever-changing world of corporate governance, removing a company’s name, which is also called “striking off” or “closing,” is a crucial step that is regulated by the Companies Act. With this mechanism, companies that are no longer in operation can be officially dissolved. This makes sure that the corporate registry only lists current companies….
Listed Companies Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) are crucial events that involve stakeholders and shape the company’s direction. These meetings are regulatory requirements and a venue for shareholders to participate in business governance. As a listed company, acknowledges the importance of these meetings and formally announces the meeting. The newspaper…
As per the Companies Act, 2013, a Section 8 Company is formed with the primary goal is to promote charitable activities, art, science, social welfare, education, and more. Such companies perform on a non-profit basis and use their income and assets for the betterment of the community. Incorporation of Section 8 Company in Udaipur can be…
Welcome to our blog, where we uncover the crucial aspects of Disqualification in Director’s Appointment. Being a director comes with responsibilities and rules. In simple terms, these rules help ensure that directors act in the best interest of the company and its stakeholders. In this blog, we will delve into two important aspects, first the…
In today’s dynamic, well-being and employee security have emerged as supreme priorities for businesses and governments. One of the significant aspects of protecting employee welfare is the mandatory registration under the Employee’s State Insurance (ESI) scheme. Implementation under the Employee State Insurance Act, 1948 provides the social security and health insurance scheme. It plays a…
“Understanding Audit Report Auditors play a crucial role in upholding transparency, accountability, and financial accuracy within the complex landscape of corporate governance. As businesses continue to evolve and expand, the regulatory framework adapts to ensure equitable business practices and accurate financial reporting. This blog explores the key roles & responsibilities of auditor under Companies Act…
Welcome to our comprehensive blog on “Change in Directors of Company- Resignation, Removal or Disqualification as per Companies Act, 2013.” In this series, we will delve into the crucial aspects of directorship in Indian companies, focusing on the procedures and legal implications of resigning, removing, and disqualifying directors. Understanding these processes is essential for ensuring…