PART II This blog post is a continuation of Part I for Directors and Appointment under Companies Act. The first part describes the types of directors, their respective responsibilities and appointment procedures and the second part, discusses the liabilities of the directors as detailed in the Companies Act, 2013 and under Securities law. LIABILITIES OF A DIRECTOR 1.... Continue Reading →
Introduction Corporate governance is one of the important elements for the functioning of a company. In today’s times the merit of companies is also evaluated based on their corporate governance practices by the stakeholders and potential clients, investors, and customers. Efficient corporate governance is sometimes synonymous with compliance with laws, regulations and guidelines issued by... Continue Reading →
Introduction On 1 February 2023, Hon’ble Finance Minister Nirmala Sitharaman, in her budget speech stated that “[f]or enhancing ease of doing business, more than 39,000 compliances have been reduced and more than 3,400 legal provisions have been decriminalized. For furthering the trust-based governance, we have introduced the Jan Vishwas Bill to amend 42 Central Acts.... Continue Reading →
PART II This blog post is a continuation of Part I for CCPA Guidelines for Misleading Advertisements and Endorsements, 2022. The first part describes the prescriptions of the guidelines and do’s and don’ts for advertisers and owners of brands. This second part deals with the duties and obligations of various stakeholders. Duties of manufacturer, service... Continue Reading →
The Consumer Protection Act, 2019 is an act that aims to provide better protection for consumers and promote their rights. The act was passed by the Indian parliament on August 6, 2019, and it replaced the Consumer Protection Act, 1986. The new act strengthens consumer rights and provides for the establishment of the Central Consumer... Continue Reading →
Retail outlets spread over several states necessitates the presence of a mechanism to deal with variance in state legislation on the one hand, and outsourced management on the other. Retail companies may have an operational checklist, it is not possible to execute without a centralised software that has a bird’s eye view of the compliance.
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