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The Insolvency and Bankruptcy Code (IBC) of 2016 is a comprehensive legislation enacted by the Government of India to address insolvency and bankruptcy-related matters. It provides a consolidated legal framework for the resolution, liquidation, and reorganization of distressed entities, including individuals, partnership firms, and companies. The main objective of the IBC is to promote a …
An Initial Public Offering (IPO) is the process by which a company offers its shares to the public for the first time, thereby transitioning from being a privately held company to a publicly traded one. It is a significant event for a company as it allows it to raise capital from public investors and provides …
In the Indian context, a Company Secretary (CS) plays a crucial role in the business industry by ensuring compliance with statutory and regulatory requirements and providing expert advice on corporate governance and legal matters. Here are some ways in which a Company Secretary helps the business industry in India: Compliance with Laws and Regulations: One …