Section 135 of the Companies Act mandates that certain companies allocate a portion of their profits towards Corporate Social Responsibility (CSR) activities. This provision aims to integrate social and environmental considerations into business operations, promoting sustainable development and societal well-being.
Posted on Jun 24, 2025
Related Party Transactions (RPTs) are governed by the Companies Act, 2013, particularly Section 188, and the Companies (Meetings of Board and its Powers) Rules, 2014, along with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for listed companies. These provisions aim to regulate transactions between a company and its related parties, ensuring transparency and preventing potential conflicts of interest.
Posted on Jun 24, 2025
A bail application procedure typically involves filing a formal request with the court, followed by a hearing where the court considers the application based on various factors. The accused or their lawyer files the application, and if granted, the accused is released from custody upon fulfilling the bail conditions, such as providing surety and executing a bond.
Posted on Jun 24, 2025
Cross-border data transfers under Indian law, particularly concerning the Digital Personal Data Protection Act, 2023 (DPDP Act), face several legal challenges. These include navigating inconsistent international standards, ensuring data security and privacy during transfers, dealing with potential legal and jurisdictional conflicts, and keeping up with evolving regulations. The DPDP Act also introduces specific requirements and restrictions on data transfers, which can create compliance complexities for businesses.
Posted on Jun 23, 2025
For a product to be copyrighted, a human creator is needed. AI-generated content can't be copyrighted because it isn't considered to be the work of a human creator.
Posted on Jun 23, 2025
A comprehensive commercial agreement should include clauses covering key areas like scope of work, payment terms, confidentiality, dispute resolution, termination, and more. These clauses help define the parties' obligations, manage risks, and provide a framework for handling potential issues.
Posted on Jun 23, 2025
To claim maintenance under Section 125 of the Code of Criminal Procedure (CrPC), a person (wife, child, or parent) must demonstrate their inability to maintain themselves and the other party's neglect or refusal to provide support, along with their ability to pay. The process involves filing a complaint with a magistrate, who then issues a notice to the respondent. After a hearing, the magistrate may order the respondent to pay a monthly allowance.
Posted on Jun 23, 2025
1. Login to the MCA portal using your Digital Signature Certificate (DSC).
2. Select the appropriate form to be filed, such as Form AOC-4, Form MGT-7, or Form DIR-12.
3. Fill in the required details in the form, making sure to provide accurate and up-to-date information.
4. Attach the necessary documents, such as the audited financial statements and board resolution.
5. Submit the form and pay any applicable fees online.
6. You will receive a confirmation of your filing, and the ROC will process your application.
Posted on Jun 23, 2025
The process for child custody cases generally involves filing a petition with the court, attending hearings, and potentially a trial if the parents cannot reach an agreement. The court will ultimately make a decision based on the child's best interests.
Posted on Jun 23, 2025
An injunction is a court order that either compels a party to perform an action or prohibits them from taking a specific action. A stay order, on the other hand, is a temporary suspension of a court's proceedings or a specific action, often to prevent irreparable harm while a case is being reviewed or appealed.