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Foreign Investment Policy regulates direct foreign investment in a country's production or business by a person or firm from another country. For developing countries like India, foreign direct investment (FDI) is an essential source of finances. These investments represent a significant non-debt financial resource for the country's economic development. The…

Within 30 days of its incorporation, a corporation must have a registered office. In the Memorandum of Association (MOA) and Articles of Association, the registered office is indicating (AOA). It is the official address of a company that forms under the Companies Act 2013 or any previous company law. The…

We live in a dynamic world that is becoming complex. Environmental, social, cultural, and economic challenges on a global scale have now become a part of our daily lives. Profit maximisation is no longer the main business performance metric for corporations, but acting as responsible corporate citizens who have a…

The notion of a company's independent legal personality is the one that serves as the foundation and a fundamental principle of corporate law in modern legal systems around the world. This idea provides the corporation with an identity that is distinct from its owners, members, or founders, granting the company…

Section 361 of the Companies Act, 2013 specifies a short process for the dissolution of corporations. The Central Government appoints an Official Liquidator to oversee the liquidation procedures. The summary procedure specifies a mechanism for winding up other than insolvency due to incapacity to pay debts. Let us briefly discuss…

All business organizations that already gain Foreign Direct Investment (FDI) or undertaken International Capital overseas with in preceding year along with the existing year are required to submit FLA Return. In other words, organizations who do have international financial assets on their balance sheet items, must file a FLA Return.…

Financial reporting is required for businesses since it offers information on a company's current state as well as its compliance with financial, corporate social responsibility, and accounting requirements. At the conclusion of each fiscal year, public and private limited firms must produce a financial document known as the Board of…

A director may resign from his office by giving written notice to the Company, and upon receipt of such notice, the Board shall take note of it, and the Company shall notify the Registrar, as well as include the fact of such resignation in the report of directors laid before…

The Companies (Amendment) Ordinance 2018 requires all companies registered on or after November 2, 2018, to file a certificate of the beginning of the operation. Form 20A is a declaration by the directors within 180 days of the company's establishment. This is one of the most critical compliances to follow…

Public firms have permission to provide loans, guarantees, and securities under the Companies Act, 1956. They can do so as long as they acquired prior clearance from the Central Government. Section 185 (as changed by the Companies (Amendment) Act, 2017): Limits the restriction on loans, advances, and other financial transactions to…