The Insolvency and Bankruptcy Board of India (Salary, Allowances andother Terms and Conditions of Service of Chairperson and members) Second Amendment Rules, 2019

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 26th February, 2019 G.S.R. 168(E).— In exercise of the powers conferred by clause (zd) of sub-section (2) of section 239, read withsub-section (5) of section 189 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Governmenthereby makes the following rules further to amend the Insolvency and […]

The Companies (Incorporation) SecondAmendment Rules, 2019

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 6th March, 2019 G.S.R.180(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 469of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes thefollowing rules further to amend the Companies (Incorporation) Rules, 2014, namely: –1. (1) These rules may be called the Companies

The Companies (Incorporation) Third Amendment Rules, 2019

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 29th March, 2019 G.S.R. 275(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of theCompanies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend theCompanies (Incorporation) Rules, 2014, namely: —1. (1) These rules may be called the

the Companies (Indian AccountingStandards) Amendment Rules, 2019

GOVERNMENT OF INDIAMINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 30th March, 2019 G.S.R………. (E).— In exercise of the powers conferred by section 133 read with section 469 of theCompanies Act, 2013 (18 of 2013), the Central Government, in consultation with the NationalFinancial Reporting Authority, hereby makes the following rules further to amend the Companies(Indian Accounting Standards)

Issue of Debentures by a Company

Debentures are a form of long-term debt instrument issued by a company to raise funds from the public. It is a popular financing tool used by companies for various purposes, including capital expenditure, expansion plans, and debt refinancing. Debentures are a crucial aspect of the corporate world, and their issuance is governed by the Companies Act,

Section 185 of Companies Act, 2013

When the Companies Act, of 1956 was in effect, public companies may offer loans, guarantees, and securities if they acquired prior authorization from the Central Government. The companies used to borrow cash and pass them on to subsidiaries and other related companies via inter-corporate loans. When it came to complying with the terms of the loan

National company law tribunal

The National Company Law Tribunal or NCLT is a quasi-judicial body in India adjudicating issues concerning companies in the country. It was formed on June 1, 2016, as per the provisions of the Companies Act 2013 (Section 408) by the Indian government. National Company Law Tribunal is the outcome of the Eradi Committee. NCLT was

Composition of the board of directors under company law

Section 149 of the Companies Act of 2019 regulates the composition of the board of directors. In the case of a public company, there are at least 3 directors. In the case of some companies, it also counts as one female director. In addition, every listed company must have at least one-third of the directors

Foreign Direct Investment in an LLP (Limited Liability Partnership)

The Reserve Bank of India (RBI) has allowed foreign direct investment in limited liability partnerships. The LLP Act 2008 allowed foreign nationals and foreign LLPs (Limited Liability Partnerships) to become a partner in LLP but as per the Foreign Exchange Management Act and regulations and rules, foreign investment in LLP was not allowed, therefore it was necessary to