Abhisshek Singlla

Central Consumer Protection Authority Issues Draft Guidelines on ‘Prevention and Regulation Of Unsolicited and Unwarranted Business Communication, 2024’

Background With the aim to shield consumers from unfair trade practices and violations of their rights by preventing unsolicited and unwarranted business communications, in the form of voice calls, SMS, and instant messaging applications including through social media platforms, the Central Consumer Protection Authority (CCPA), in exercise of its powers conferred under section 18(2)(l) of …

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the importance of compliance with the registrar of companies filings requirements, risks, and mitigation

The Importance of Compliance with the Registrar of Companies Filings: Requirements, Risks, and Mitigation

Introduction The Registrar of Companies (ROC) is a statutory body established under the Companies Act, 2013 (“Act”), responsible for overseeing the registration and regulation of companies and limited liability partnerships within the jurisdiction of India. The ROC serves as a custodian of critical information about businesses, ensuring their compliance with statutory regulations specified under the …

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understanding conversion of physical shares to demat shares

Understanding the Procedure for Conversion of Physical Shares into Demat Shares

On October 27th 2023, the Ministry of Corporate Affairs (“MCA”) issued the Companies (Prospectus & Allotment of Securities) Second Amendment Rules 2023 (“Amendment Rules”) mandating the dematerialization of all existing securities and issuance of securities in dematerialize form by private companies, other than small companies and government companies, by and from September 30, 2024 (i.e. …

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Understanding Director’s Liability Under The Companies Act 2013

Directors are the stewards of a company, entrusted with the responsibility of making critical decisions that impact its sustainability and success in achieving its goals and objectives. However, in light of the well-established legal principal of companies being separate legal entities, the question arises: “Would directors be accountable for any violations by the company, and …

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choosing the right business structure in india

How to Choose the Best Legal Structure for Your Business

What key factors should be considered when choosing a legal structure for a business? Choosing the appropriate legal structure is a pivotal decision for both new ventures and established businesses. Why is this decision key to a company’s success, legal compliance and financial stability? This decision is not merely administrative; it directly influences the company’s …

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