June 2014

Be professionally bold – interprete the law rightly

Companies Act 2013 has posed many challenges before the professionals. One such challenge is posed by few brand new sections introduced in the law and few process added first time in the history of India Inc. Information is every where and interactive social networks have created more opportunities for professional to share and exchange information …

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Non filing of returns – Deathblow to Directors?

Section 167 (1) provided the list of incidences leading to automatic vacation by a director from all companies. This section which came into effect from 1st April 2014, has open the new Pandora’s box. Clause (a) of the said section provides that if director incurs any of the disqualifications specified in entire section 164, he vacates …

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