Before dealing with the Doctrine of lifting the corporate veil, it will be appropriate to define the term company and the meaning of the corporate veil first. Section 3(1)(i) of the Companies Act attempts to provide the appropriate meaning of …
MINORITY SHAREHOLDERS Although the term “minority shareholder” is not defined anywhere in Companies Act, 2013, it’s widely referenced to any shareholder who owns less than 50 percent of the total voting rights of the company and is not involved in …
Corporate Social Responsibility (CSR) is defined in section 135 of the Companies Act 2013. The mere concept of CSR is that every company has some social responsibilities and duty towards the state, So it is the responsibility of every company …
The COVID-19 crises has had a detrimental impact on people in India and around the world. As on April 16, 2020, there are 10477 active COVID-19 cases and 414 deaths on account of the virus, in India. While, we all …