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In India, companies continue to exist independently of their members, directors, or shareholders through the concept of perpetual succession. This principle allows companies to maintain continuous operations even when ownership or management changes, such as the death, resignation, exit, or transfer of shares of members or directors. According to the Companies Act, 2013, perpetual succession […]
In India, companies make key decisions through formal approvals called resolutions. Companies use various types of resolution depending on the matter or decision at hand. According to the Companies Act, 2013, a resolution is a formal decision made by the shareholders or directors, either in a meeting or by circulation. The Companies Act, 2013, governs […]
Companies in India often raise funds without giving up ownership by issuing debentures, which are a type of debt instrument. Understanding the types of debentures in company law is important for both businesses and investors, as each type carries different features, risks, and benefits. As per Section 2(30) of the Companies Act, 2013, a debenture […]
Most businesses in India comply with the rules set under the Companies Act, 2013, which ensure smooth and fair operations. However, company directors or majority shareholders misuse their power, leading to unfair treatment of minority shareholders or poor management. In such cases, the law covers oppression and mismanagement to protect people from such situations. In […]
Many businesses in India benefit from limited liability and a separate legal identity when they register under the Companies Act, 2013. However, this protection can sometimes be misused to commit fraud, evade taxes, or avoid legal obligations. In such situations, the law applies the concept of lifting of the corporate veil in India to hold […]
When you start or run a company in India, you must understand the legal obligations of a company. While business owners focus on operations and growth, they often overlook the compliance requirements that keep a company legally protected. Ignoring these obligations can lead to penalties, fines, or legal action against the company or its directors. […]
Explore India’s leading legal startups reshaping the legal landscape through technology, automation, and smarter compliance for modern businesses.
Learn how to become the director of a company in India with details on eligibility, director requirements, qualifications, and appointment rules for compliance.
Explore the various types of contracts in business law, the differences between agreement and contract, and what makes agreements legally binding in India.
Understand paid-up capital requirements and importance