Category Archives: Business Setup

Debentures and its impact on Company and Shareholders

This article titled ‘Debentures and its impact on Company and Shareholders’ is written by Mayank Shekhar and discusses the concept of debentures and its impact on the company and the shareholders of the company. Debentures and its impact on Company and Shareholders The term ‘debt’ comes from the Latin word ‘debere,’ which means ‘to borrow.’ A debenture is a… Read More »

Incorporation of LLP and Procedure

This article titled ‘Incorporation of LLP and Procedure.’ is written by Mayank Shekhar and discusses the concept of Incorporation of a Limited Liability Partnership and its procedure. Incorporation of LLP and Procedure I. What is a Limited Liability Partnership (LLP)? In India, the Limited Liability Partnership (LLP) Act was enacted in January 2009, and it quickly became popular… Read More »

Roles And Responsibilities Of Independent Director Including Liabilities

This article titled ‘Roles And Responsibilities Of Independent Director Including Liabilities’ is written by Mayank Shekhar and discusses the roles, responsibilities and liabilities of an independent director. I. Introduction The Companies Act, 2013 governs independent directors in India (“Act”). In the board of directors of any publicly traded firm, at least one-third of the total number of directors must… Read More »

Setting up a Business Unit in a Special Economic Zone

This article titled ‘Setting up a Business Unit in a Special Economic Zone.’ is written by Mayank Shekhar and discusses whether a business should be set up in a special economic zone or not. I. Introduction Special Economic Zones (“SEZ”) have been formed in India with the goal of attracting Foreign Direct Investment (‘FDI”) and enabling native firms to… Read More »

Business Structure and Its Types

This article titled ‘Business Structure and Its Types’ is written by Mayank Shekhar and discusses the structure of a business and its various types. The company structure selected has an impact on everything from daily operations to taxes and the amount of personal property at risk. One should choose a company structure that strikes a balance between legal safeguards… Read More »

Memorandum of Association and Articles of Association: Meaning and Explanation

This article titled ‘Memorandum of Association and Articles of Association: Meaning and Explanation.’ is written by Mayank Shekhar and discusses the meaning of Memorandum of Association and Articles of Association and explains them in detail. I. Introduction: Memorandum of Association and Articles of Association The Memorandum of Association (MOA) is a document that includes all of the necessary information for… Read More »