Introduction The Companies Act, 2013, provides several privileges and exemptions to private companies (excluding subsidiaries of public companies) to ease their regulatory burden and facilitate business operations. Since private companies cannot invite public investment, their compliance requirements are relaxed compared to public companies. However, these exemptions cease if the company converts into a public entity. ...

Introduction The appointment of directors is a critical aspect of corporate governance, ensuring that the company is managed efficiently and in compliance with legal provisions. The Companies Act, 2013, along with relevant rules and regulatory guidelines, governs the process of appointing directors in India. Directors are responsible for decision-making, strategic planning, and ensuring compliance with applicable laws. The appointment process varies based on the type of director, the structure of the company, and the applicable provisions under the Companies Act, 2013. ...

Hi, I’m Vishesh Upadhyay, a Company Secretary Professional with a deep interest in corporate law and governance. I started this blog as a space to share insights, simplify complex legal topics, and help professionals, students, and businesses understand the ever-evolving legal landscape. Over time, I’ve written about key laws like the Companies Act 2013, SARFAESI Act, Insolvency and Bankruptcy Code (IBC), and corporate compliance, aiming to break them down in a way that’s easy to grasp and apply in real-world situations. ...