Latest Blog of Company Law

  • Vacation Of Office Of Director Under Companies Act 2013 (Section 167)

    Vacation Of Office Of Director Under Companies Act 2013 (Section 167)

    Vacation of Office of Director This section applies to both private and public companies. The office of a director is considered vacant in the following cases: a) If the Director is Disqualified: If the director of a company is disqualified as per section 164 of the Companies Act 2013, then he would have to vacate […]

  • Section 41 Of Companies Act 2013: Global Depository Receipt

    Section 41 Of Companies Act 2013: Global Depository Receipt

    A depository receipt is an instrument that is denominated in a foreign currency. It is issued by a foreign depository to a domestic administrator and is listed on an international exchange. A Global Depository Receipt (‘GDR’) is an instrument in the form of a depository receipt generated by a foreign depository outside India and authorized […]