Corporate Laws

Highlights of the new Consolidated FDI Policy

The consolidated FDI policy document is a single reference point for investors and regulators. The first such consolidation was released in March, 2010 after which it has been updated every six months.  The Circular 2 of 2011 is the fourth edition of the consolidated policy document.   The significant changes introduced in this edition of the Circular are:   Exemption of…

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MCA introduces Company Law Settlement Scheme, 2011

The Ministry of Corporate Affairs in its series of steps to cleanse and regularize the corporate compliance in Indian Corporate world, has introduced Settlement Scheme for companies, which have defaulted in filing their Annual Return, Audited Financial Statements and Compliance Certificates. It was observed by the Ministry of Corporate Affairs,…

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New FAST TRACK EXIT mode for defunct companies u/s 560 of the Companies Act, 1956

There are a number of companies, which are registered under the Companies Act, 1956 (the Act), but due to various reasons they are inoperative since incorporation or commenced business but became inoperative or defunct later on. Such companies may be desirous of getting their names strike off from the Register of Companies maintained by Registrar of…

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A Brief on Foreign Direct Investment in India

India, the largest democracy in and 4th largest economy in the world, is also the 10th most industrialized country in the world. With its consistent growth performance and abundant high skilled manpower, India provides enormous opportunities for Foreign Direct Investment. The economic liberalization steps taken by the government has calibrated…

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