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Liabilities of Directors Under the Companies Act, 2013 – Duties Explained
Under the Companies Act, 2013 in India, directors hold significant responsibilities and can be held personally liable for any acts of negligence, fraud, or breach of duty. Liabilities of directors may arise in cases involving misstatements in prospectuses, failure to…
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Decoding the Indemnification Clause
Indemnification Clause Meaning An indemnification clause or indemnity clause serves as a contractual mechanism for mitigating and re-allocating risk between two parties, ensuring compensation for financial losses that may arise due to specific events outlined in an agreement. It acts…
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IFSCA Updates Framework for Global/Regional Corporate Treasury Centres (GRCTCs), Enhancing Regulations
GET PDF The International Financial Services Centres Authority (IFSCA) has introduced a revised framework for Global/Regional Corporate Treasury Centres (GRCTCs) in GIFT IFSC, effective April 4, 2025. This updated framework brings several key regulatory enhancements and newly introduced provisions aimed…
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