Key Managerial Persons in a Company – Part 2

                                        PROVISIONS REGARDING KMP (Part II)A KMP is included within the meaning of “Officer in Default” under the Act.Details regarding KMP, changes therein and therefore the remuneration paid to them are required to be disclosed within the Annual Return of the corporate . Company is required to take care of a register of the KMPs at its registered office containing particulars which shall…

Social Media and Suicide – 3

Social media, its utilization and fame today In our current reality where there is a consistent need to improve correspondence and associate with individuals, it is just inescapable for people to discover methods for facilitating the cycle. The way that man is a social being who doesn’t exist in segregation illuminates the significance of Communication…

Act of God

The term Act of God literally means any situation which is out of human control like natural disasters including tornado, flood, volcanic eruption, earthquakes, tsunami, tidal wave etc. it is a natural catastrophe which no one can prevent. It is based on the principle Vis Major  which means “a loss that results immediately from a…