Tag Archives: Company Law

Company Law

The history of Indian Company Law began with the Joint Stock Companies Act of 1850. Since then a cumulative process of amendment and consolidation brought us to the most comprehensive and complicated piece of legislation, the Companies Act 1956. The Companies Act 2013 has replaced Companies Act 1956. The Act has 470 sections and 7 schedules as against… Read More »

Winding Up

Introduction: ‘Winding up’ of a company is the process of closing or finishing up of a company. Under this process, the company ceases to carry on its business. The management of its affairs is taken out of its director’s hands. Instead, an administrator called liquidator is appointed, who takes control of the company in his hands. He realizes… Read More »

Non-Compliance Can Result In Imprisonment – Strictness Of The Government

A country can never be developed until it is free of corruption and the only strategy to control corruption is implementing the laws strictly. As we know that Government of Indian with the help of various Ministries and departments is trying to implement laws strictly. As per the Press Information Bureau dated 5th November 2017 Indian Government has constituted… Read More »