Category: Corporate

Corporate, Financial

Understanding India’s New Regime for Insolvency of Financial Service Providers

Introduction: On 15th November’19, the Ministry of Corporate Affairs notified the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority) Rules, 2019 (hereinafter the Rules). Section 3 (17) of the Insolvency and Bankruptcy Code (the Code) defines FSP as, “person engaged in the business of providing financial services in terms of authorization issued or registration granted by a … Continue reading Understanding India’s New Regime for Insolvency of Financial Service Providers

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Corporate

Corporate Social Responsibility in India: An ode to Corporate Laws

INTRODUCTION Corporate social responsibility focusses on the idea that a business has a social obligation above and beyond making a profit. Corporate social responsibility (CSR) is a prominent 21st century business ideology that heightens expectations of companies regarding social and environmental standards. Challenges lie in allocating time and resources necessary to develop a CSR approach that meets governmental and social standards and achieves compliance with … Continue reading Corporate Social Responsibility in India: An ode to Corporate Laws

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Corporate, Internet Practices

Legal Contours of Cryptocurrency in India

INTRODUCTION We have made huge advancements from barter system of exchange to paper currency and from paper currency to plastic money. But in today’s world of ever growing complexities of economies and increasing instabilities in markets, virtual currency is the new reality. In less than a decade after its introduction cryptocurrency has attracted the attention of businesses, consumers, central banks and governments. Cryptocurrency aims at … Continue reading Legal Contours of Cryptocurrency in India

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Corporate

ONE PERSON COMPANY CAN BE INCORPORATED BY A NATURAL PERSON ONLY

Introduction and Development of Legal Framework Revolution of corporate laws in India has been facilitated by introduction and incorporation of new corporate concepts which were not part of the then corporate laws in India and the same were added though enactment of Companies Act, 2013.  This Act replaced Companies Act, 1965 and the same was stimulated as a result of the need to enact laws … Continue reading ONE PERSON COMPANY CAN BE INCORPORATED BY A NATURAL PERSON ONLY

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Corporate

Emerging Trends in White-collar Crime in Capital Markets

INTRODUCTION One noteworthy development of our time is the capital markets. The capital market has turned into an inexorably prevailing wealth creation platform whereupon the majority present day economies mostly depend. It is a financial market in which long-term debt or equity-backed securities are bought and sold. The capital markets in India have developed significantly in the course of recent decades. The Securities and Exchange … Continue reading Emerging Trends in White-collar Crime in Capital Markets

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