Company: KNRX
Filing Date: 2025-06-12
Form Type: F-1/A
Source: 0001641172-25-014801
Chunk: 118

Company: KNOREX LTD.
Filing Date: 2025-06-12
Form: F-1/A
Chunk 118
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 objective to provide statutory protection to the rights and interests of the shareholders. It also laid the foundation for the setting up of the National Company Law Tribunals and the National Company Law Appellate Tribunal in India, which is the adjudicating authority on matters relating to companies and the Insolvency and Bankruptcy Code, 2016. With respect to foreign subsidiary companies operating in India, the Companies Act of 2013 lays down regulations that govern the composition of the Board of Directors, Shareholder Meetings, Annual Filings, and rules relating to incorporation, management and winding up of companies that must be mandatorily complied with.

Moreover, the provisions of the Companies Act are not complied with, then the company shall be punishable with fine as per Section 392 of the Act.

The Code on Wages, 2019

The government of India enacted The Code on Wages of 2019 to amend and consolidate all the laws relating to wages and bonus and matters connected therewith or incidental thereto. The Code on Wages replaced four labor legislations and provides wage security, social security and health security to workers in organized as well as unorganized sectors.

The Social Security Code, 2020

The Social Security Code of 2020 was implemented to amend and consolidate all laws relating to social security with the goal to extend social security to all employees and workers either in the organized or unorganized or any other sectors and for matters connected therewith or incidental thereto. The Code provides for the creation of a comprehensive legal framework for Social Security so that workers can revive social security in India completely. It also provides for the institutionalization of a system for the contributions received from the employers and workers.

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The Sexual Harassment of Women at Workplace (Prevention, Prohibition, and Redressal) Act, 2013

The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act of 2013 was implemented with the objective of ensuring women’s right to workplace equality, free from sexual harassment. Three key obligations were imposed on institutions to meet the standards of equality and dignity at the workplace enshrined in the Constitution of India, which are namely: (i) prohibition; (ii) prevention; and (iii) redressal. The Act provides a civil remedy to women in protection of their rights against sexual harassment at the workplace and is in addition to other laws that are currently in force in India.

Foreign Exchange Management Act, 1999

The Foreign Exchange