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.
What are the disclosure requirements for related party transactions under Section 188 of the Companies Act, 2013?
How does the Insolvency and Bankruptcy Code, 2016, apply to corporate debt restructuring, particularly under Sections 12 and 13?
How do I register a new trademark for my corporate brand under the Trade Marks Act, 1999, and what is the process as per Section 18?
What are the legal implications of not adhering to the mandatory provisions under Section 173 of the Companies Act, 2013, concerning board meetings?
How can a company register a charge under Section 77 of the Companies Act, 2013, and what is the time limit for filing such a charge?
What are the consequences for non-compliance with Section 92 of the Companies Act, 2013, related to the filing of the annual return?
How does Section 185 of the Companies Act, 2013 restrict loans to directors, and what are the exceptions to these restrictions?
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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.