VirtuaLaw Blog

Critical Analysis of Indian Corporate Laws

S. 59 of IBC and Voluntary Liquidation under Companies Act

The Hon’ble NCLAT has held that the jurisdiction exercised by the Adjudicating Authority is vested in it and cannot be termed improper. Despite being of the view that the claim initially left out by the Respondent No.1 was payable, the Liquidator proceeded to reject the same without any justifiable reason which cannot be supported.
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Atchyut Mandhata Jun 17

ECONOMICS OF CSR: A GLOBAL PERSPECTIVE AND ANALYSIS OF INDIA

While everyone agrees that businesses are an integral and the most binding factor of the economy, there emerged multiple opinions as to the extent of responsibility of businesses. Do the businesses have responsibility beyond merely complying with laws? Do businesses have any additional moral or social obligation to commit resources to the welfare of society?
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Sharath Chandra May 24

E-Form DIR-3KYC – Annual Filing

E-Form DIR-3KYC – Annual Filing The Ministry of Corporate Affairs introduced the e-Form DIR-3KYC whereby “every individual who has been allotted a Director Identification Number
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Prakul Thadi Apr 16

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