Loan to Directors – Section 185 of Companies Act, 2013
Companies often advance loans or advances whether directly or indirectly to directors and key managerial persons. This is often used as a tool to pass on company funds to directors.…
Holding Annual General Meeting and Board Meetings through video conferencing or other audio-visual means
The Annual General Meeting and Board meeting ensure smooth functioning, promote transparency, provide updates and a number of matters with regards to corporate governance discussed and voted upon in such…
COVID-19: Compliance Relief Measures under Income Tax, GST and Company Law
The global COVID-19 pandemic has brought the world to a standstill with major economies in complete lockdown. Businesses in India are closed since the 24th March 2020 owing to the…
Independent Director in the present regime
“Independent Director” is generally a non-defined term in the Companies Act, 2013. Section 149(6) provides an idea about the position of an independent director as “a director other than a…