Corporate Law Questions
Browse corporate law questions asked by people across India.
Questions in Corporate Law are answered with reference to Section 185 of the Companies Act, 2013 on loans to directors, the Limited Liability Partnership Act, 2008, the Insolvency and Bankruptcy Code, 2016 and the SEBI Act, 1992. Each answer states the section that applies, the forum that hears the matter and the limitation period, so the position can be checked against the official text at India Code before you act on it.
The forum depends on the facts rather than the label: a dispute described as a family matter may be heard by a family court, a magistrate or a civil judge depending on whether the relief sought is maintenance, custody, injunction or declaration. Where the law has been renumbered by the 2023 criminal law reforms, answers note both the old and the new section numbers.
I am a director of a company that has defaulted on a bank loan. Will I be personally liable for the company's debt?
My company issued ESOPs to me two years ago and I am about to leave the job. What happens to my vested options?
My private limited company has only one director after my co-director resigned. Is that allowed and what should I do?
I have invented a new mechanical device in my home workshop. Can I get a patent for it and what conditions must it satisfy?
I have a logo and brand name for my clothing business. Should I register a trademark and how long does the protection last in India?
I registered a company last year but never started any business. Do I still need to file annual returns and what happens if I don't?
How does Section 186 of the Companies Act, 2013 govern the investment limits for companies, and what are the exemptions?
What are the rights of minority shareholders under Section 241 of the Companies Act, 2013 when seeking relief for oppressive conduct?
How does a company go about registering a charge under Section 77 of the Companies Act, 2013, and what are the timelines involved?
Can you explain the implications of Section 185 of the Companies Act, 2013 regarding loans to directors and its exceptions?
How does Section 62 of the Companies Act, 2013 regulate the process for issuing new shares to existing shareholders?
Under Section 230 of the Companies Act, 2013, what is the process for a scheme of arrangement, and what approvals are required?
How does the Companies Act, 2013, regulate the related party transactions as per Section 188, and what are the exemptions?
Can a company be held liable for the fraudulent activities of its directors under Section 447 of the Companies Act, 2013?
What are the key requirements under Section 139 of the Companies Act, 2013 for the appointment of auditors in a private limited company?
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Frequently Asked Questions about Corporate Law
What is corporate law in India?
Corporate law in India governs the formation, operation, and dissolution of companies. Key legislation includes the Companies Act 2013, LLP Act 2008, and SEBI regulations. The Ministry of Corporate Affairs oversees compliance.
How to register a startup in India?
Startup registration: (1) Incorporate as Private Limited, LLP, or Partnership, (2) Register on the Startup India portal (startupindia.gov.in), (3) Get DPIIT recognition for tax benefits, (4) Obtain necessary licenses and GST registration.
What is GST and who needs to register?
GST (Goods and Services Tax) is a unified indirect tax. Registration is mandatory if annual turnover exceeds ₹40 lakh (goods) or ₹20 lakh (services). Voluntary registration is possible. GST returns must be filed monthly or quarterly.
How to register a trademark in India?
Trademark registration: (1) Search the trademark database at ipindia.gov.in, (2) File application with the Trademark Registry (₹4,500 for individuals), (3) Examination after 18-24 months, (4) Publication in the Trademark Journal, (5) Registration if no opposition within 4 months.
What is the difference between LLP and Private Limited?
A Private Limited Company has separate legal identity, easier fundraising, and higher compliance costs. An LLP (Limited Liability Partnership) has lower compliance, no minimum capital, and partner liability protection but is harder to raise equity funding.