Tag Archives: The Companies Act 2013

Guest Post: India: Compounding of Offences under Companies Act 2013 – D&O Insurance

In the Companies Act 2013, India’s parliament incorporated a provision allowing for the “compounding” of offenses. “Compounding” is a way for an accused violator to avoid litigation. It is a settlement process by which the accused pays a fee instead of undergoing prosecution. In the following guest post, Umesh Pratapa takes a look at the … Continue Reading

Guest Post: Independent Directors in India: Risk Exposures, Safeguards, and Insurance Protection

In the following guest post, Umesh Pratapa takes a look at the law in India governing the duties and responsibilities of independent directors, and discusses the ways that independent directors can manage their exposures and safeguard themselves from liability, and protect themselves with D&O insurance. Umesh is an independent insurance consultant in India. I would … Continue Reading
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