Compared with state-owned enterprises, however, DSMs of private enterprises must violate the provisions of other laws and regulations in the course of committing the above-mentioned crimes. Such other law could, for example, be theCompany ...
Leading Cases on Company Law As the trend of asking questions have been changed by ICAI, I thought this might be useful. I compiled these decided case laws from various sources like RTP, study module, compilation of suggested answers. I am laying down only those which I feel important from...
The New Company Law has significantly shortened the contribution or payment term of subscribed capital in limited liability company (LLC). According to the Current Company Law, the term for the payment of subscribed capital in principle is freely determined and prescribed by the articles of associati...
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Also, UK law and most developed continental laws are also introducing special instruments of directors' liability when a company is in the vicinity of insolvency through wrongful trading or similar functional equivalent rules. Different national law systems of directors' responsibility are compared with ...
to inspect financial accounts and accounting vouchers. The addition of financial accounts (in the case of joint-stock companies) and accounting vouchers (for all companies), among other things, represents an expansion from the inf...
Project Companymeans Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5. Operating Companiesshall have the meaning specified in the recitals to this Agreement. Subsidiariesmeans any corporation or other organization, whether incorporated or unincorporated, in which the...
Bachelor of Law — Moscow State Law University named after O.E. Kutafin (MSAL), 2017, specialization – international law; Master of Laws — Higher School of Economics (HSE), 2019, specialization – sports law; Professional retraining — interpreter in the field of professional communication from...
One of the major changes in the New Company Law is the provision to allow LLCs to establish an “audit committee” within the board of directors, in which case it would not need to establish a board of supervisors (or appoint any supervisors). The audit committee can be “compose...
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