Browsing: Blog

Your blog category

The Powers of the Information Commission in India, established under the Right to Information Act (RTI Act) of 2005, are instrumental in ensuring transparency, accountability, and the effective implementation of the right to information.

Section 233 of the Companies Act, 2013, deals with the fast track mergers and amalgamations of certain classes of companies. This provision simplifies the process for small companies and other specified categories by reducing the procedural complexities and time involved compared to the regular merger process.

Independent directors play a crucial role in enhancing corporate governance and protecting the interests of stakeholders. The Companies Act, 2013, and the Securities and Exchange Board of India (SEBI) have laid down specific provisions regarding the liabilities of independent directors to ensure accountability while safeguarding their independence.

Under the Companies Act, 2013, there are several types of directors with distinct roles & responsibilities like Managing Director, Whole Time Director, Executive Director, Independent Director, Nominee Director & Alternate Director