Company Law & Legal Provisions

Companies Act, legal case studies, rules, amendments

Whether Consumer or Personal Loan is Allowed in Nidhi?

Looks at whether Nidhi companies can give unsecured or personal/consumer loans, hire-purchase, micro-finance etc.

by Ankit Nagpal

30 January, 2024

What is Maximum Rate of Interest on Loan given by Nidhi?

Covers the rate-cap for loans given by a Nidhi Company under Rule 16 (i.e., not exceeding 7.5 % above highest deposit rate).

by Ankit Nagpal

30 January, 2024

What is the Limit of Maximum Number of Branches?

Discusses how many branches a Nidhi Company can open, and the conditions required (profit history etc).

by Ankit Nagpal

30 January, 2024

What is the Minimum and Maximum Fixed Deposits Tenure?

Explains the minimum and maximum tenure norms for fixed and recurring deposits accepted by a Nidhi Company under the Nidhi Rules, 2014.

by Ankit Nagpal

30 January, 2024

Small Company as per Companies Act, 2013

Describes the definition, eligibility criteria and regulatory implications for a “small company” as per the Companies Act.

by Ankit Nagpal

Can a Section 8 Company do Micro-Finance?

Analyses whether a Companies Act, 2013 Section 8 (not-for-profit) company may engage in micro-finance business, and what legal/approval aspects apply.

by Ankit Nagpal

Section 185 Loans to Directors etc.

by Ankit Nagpal

6 September, 2022

Virtual CPE Meeting on Latest Amendments in Companies Act, 2013

Announces or reports a Continuing Professional Education (CPE) virtual meeting covering recent amendments to the Companies Act, 2013 and how they impact companies/secretarial practice.

by Ankit Nagpal

28 August, 2022

Process of Change in Name of the Company

Outlines the procedural steps, board/EGM resolutions and regulatory filings required when a company intends to change its name under the Companies Act.

by Ankit Nagpal

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