Tripti Chugh

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OVERVIEW OPC is a new concept in India which has been introduced by the Companies Act 2013. In case of one Person Company, only one person is required who can be a shareholder as well as director, whereas in the old Companies Act 1956, minimum of two directors and shareholders were required to form a private limited company. In India, in the year 2005, the expert committee of Dr. JJ Irani recomm......

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INTRODUCTION: Every person is going to start a business of Import and Export in India is required to get his PAN-based Import Export Code (IEC) license from the Director General of Foreign Trade (DGFT). DGFT   is the agency of the Ministry of Commerce and Industry of the Government of India, responsible for the execution of the import and export policies of India. No person or entity sh......

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INTRODUCTION: Sick Company revival & rehabilitation related legal provisions in India have been made at par with developed countries under chapter XIX of The Companies Act 2013 read with Section 253 to 269 (which are yet to be enforced). Earlier Sick Companies (Special Provisions) Act 1985 was pro Promoters / Directors of the company but now it is Pro Creditors and much painful to revive ......

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