#NidhiCompany #Companylaw #companiesact #corporatelaw #Sec406 #NIDHIScheme #companylawamendment #nidhi A company that is governed by the NIDHI Rules, 2014 and Section 406 of the 2013 Companies Act is referred to as a "NIDHI COMPANY." Such companies must abide by the law regulating Nidhi businesses. The Nidhi Company was only founded in India to encourage its own members to live simply and save money. A Nidhi company is a public limited company that adheres to special rules es

#NidhiCompany #Companylaw #companiesact #corporatelaw #Sec406 #NIDHIScheme #companylawamendment #nidhi A NIDHI COMPANY refers to a business that is subject to the 2014 Nidhi rules and Section 406 of the Companies Act of 2013. The law governing the regulation of Nidhi companies enforces such businesses. In India, the Nidhi Company was only established to encourage its own members to practice frugal living and save money. As per the definition of a Nidhi company, a Nidhi compan

#Companiesact #sec333 #windingup #windinguprules #companylaw #corporatelaw #windingup The Companies (Winding-up) Rules, 2020 were published by the Ministry of Corporate Affairs in 2020. While the Insolvency and Bankruptcy Code, 2016 covers 'voluntary winding up' and 'winding up on the grounds of inability to pay debts,' the Winding Up Rules outline the procedure for winding up following Section 271 of the Companies Act, which specifies when the NCLT may wind up a company. Rul

#Companiesact #sec333 #windingup #windinguprules #companylaw #corporatelaw #windingup The Companies (Winding-up) Rules, 2020 were published by the Ministry of Corporate Affairs in 2020. While the Insolvency and Bankruptcy Code, 2016 covers 'voluntary winding up' and 'winding up on the grounds of inability to pay debts,' the Winding Up Rules outline the procedure for winding up following Section 271 of the Companies Act, which specifies when the NCLT may wind up a company. Rul

#Companiesact #sec333 #windingup #windinguprules #companylaw #corporatelaw #windingup The Companies (Winding-up) Rules, 2020 were published by the Ministry of Corporate Affairs in 2020. While the Insolvency and Bankruptcy Code, 2016 covers 'voluntary winding up' and 'winding up on the grounds of inability to pay debts,' the Winding Up Rules outline the procedure for winding up following Section 271 of the Companies Act, which specifies when the NCLT may wind up a company. Ru

#companieslaw #corporatelaw #sec218 #investigation #employeesright #protection #protectionduringinvestigation #tribunal #appellettribunal #sec210 #sec212 #sec213 #sec219 #sec216 Sec 218 Protection of employees during investigation. This article is an in-depth explanation of the sec 218 of companies act 2013 .This article states about,as the section title explains,protection of employees during investigation. The article states the bare provision and then the explanation of th

#section457 #companiesact #companiesact2013 #nondisclosure #corporatelaw According to section 457 of the Companies Act, 2013, an officer of the Government, a Registrar, or any other person is not required to disclose to the tribunal, court, or any other authority the source from where they got the information that:- Has led the Central Government to order an investigation under section 210; or Is or has been relevant or material in connection to such investigation. This Secti

#section454 #companiesact #companiesact2013 #penalties #corporatelaw Section 454 of the Companies Act, 2013 states about the adjudication officers. This section of the Companies Act consists of 8 sub-sections. As per Section 454 (1) of the Companies Act, 2013, the Central Government has the power to appoint as many officers as they want as adjudicating officers. The order to appoint the officers as adjudicating officers should be published in the official gazette. The officer

#sec270 #companies #act #2013 #windingup #tribunal #corporatelaw Section 270 Definition and Meaning Winding up of a company is the process through which a company’s existence and operations comes to an end. Its property is evaluated at realisable value and distributed to the beneficiaries like its members and creditors. A Liquidator is appointed to take control of the company who realises its assets, pays all its outstanding demands and finally distributes any surplus remaine

#companiesact #companieslaw #corporatelaw #inspection #investigation #inquiry #centralgovernment #companiesrule2014 Companies( inspection ,investigation, inquiry) rules 2014 Chapter XIV (Sections 206 to 229 ) of the Companies Act, 2013 deals with the provisions related to inspection, investigation and inquiry. The Companies (Inspection, Investigation and Inquiry) Rules, 2014 published vide G.S.R. 247(E), dated 31-03-2014. Read with section 210 “Investigation into affairs of c

#Companiesact #sec333 #windingup #windinguprules #companylaw #corporatelaw #windingup In the year 2020, the Ministry of Corporate Affairs published the Companies (Winding-up) Rules, 2020. Though the Insolvency and Bankruptcy Code of 2016 covers "voluntary winding up" and "winding up on the grounds of incapacity to pay debts," the Winding Up Rules define the process for winding up a company under Section 271 of the Companies Act, which stipulates when the NCLT may wind up a co

#Companiesact #sec333 #windingup #windinguprules #companylaw #corporatelaw The Ministry of Corporate Affairs released the Companies (Winding-up) Rules, 2020 in the year 2020. While the Insolvency and Bankruptcy Code of 2016 covers "voluntary winding up" and "winding up on the grounds of inability to pay debts," the Winding Up Rules detail the process for winding up a company in accordance with Section 271 of the Companies Act, which specifies when the NCLT may wind up a compa

#Companiesact #sec333 #windingup #windinguprules #companylaw #corporatelaw The Companies (Winding-up) Rules, 2020 were published by the Ministry of Corporate Affairs in 2020. While the Insolvency and Bankruptcy Code, 2016 covers 'voluntary winding up' and 'winding up on the grounds of inability to pay debts,' the Winding Up Rules outline the procedure for winding up following Section 271 of the Companies Act, which specifies when the NCLT may wind up a company. Rule 156 expla