Now, your debtor can’t mess up with you , thanks to The Insolvency And Bankruptcy Code,2016 With the amendment in the Companies Act 2013 the provision for winding up of the company for the reasons due to unable to pay the debt has been omitted. Now, if their case is genuine, the only remedy available […]

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India is a developing country and it is focusing on strengthening the corporate sector. People of India are contributing to the development of corporate sector. Not only men but also women are contributing towards the development of Indian economy. Women are no longer limited to household chores; they are serving corporates, institutions, organizations and every […]

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Fast Track Exit (FTE) is one of the quick ways to shut down a company, when it is non-operational over a period of time. It gives an option to Defunct Companies to get their names struck off from the Register of Companies. In its place, under the Companies Act, 2013 has brought in a process […]

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The Law and Judiciary Department, Government of Maharashtra vide its notification published in the Maharashtra Government Gazette on 5 January 2017 has made significant amendments in Contract Labour (Regulation and Abolition) Act for the state of  Maharashtra. Now the said act will be applicable: To every establishment in which 50 (fifty) or more workmen are […]

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The Contract Labour (Regulation and Abolition) Act, 1970 is a Central Act. However mostly all States are having their own rules. Likewise Delhi is also having its own rules namely Delhi Contract Labour (Regulation and Abolition) Rules, 1970. In the said act there are two types of approvals, one is on the part of contractor, […]

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