CONDONATION OF DELAY SCHEME, 2018
Posted Date : 22-Dec-2017 , 01:36:33 pm | Posted By
CS Piyush Jain
All companies registered in India including private limited company, one person company, limited company, section 8 company and others are required to file annual return with the Ministry of Corporate Affairs each year.
Under the new Companies Act, 2013, Directors of Companies which have defa...
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Category : Corporate Law |
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Wind UP A LLP
Posted Date : 16-Sep-2017 , 08:47:50 pm | Posted By
Mamta Kumari
DISSOLUTION OF LLP
In case the LLP wants to close down its business or where it is not carrying on any business operations, it can make an application to the Registrar of Companies for declaring the firm as defunct and removing the name of the LLP from its register of LLP’s. ...
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Category : Corporate Law |
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Procedure for conversion of private company into one person company
Posted Date : 15-Mar-2017 , 06:43:42 pm | Posted By
Md Irsad Alam
1) A private company other than a company registered under section 8 of the Act [having paid up share capital of fifty lakhs rupees or less and average annual turnover during the relevant period][3] is two crore rupees or less may convert itself into one person company by passing a special resolutio...
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Category : Corporate Law |
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SOME IMPORTANT FAQ ON SPICe
Posted Date : 03-Mar-2017 , 10:29:04 pm | Posted By
Md Irsad Alam
1. How many names can be applies for in SPICe (INC-32)?
Only one. However, for reservation of a name prior to filing SPICe (INC-32), you may use INC-1 (in which up to 6 names can be proposed) and then input the SRN of approved INC-1 into SPICe.
2. Is INC-22 Still required t...
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Category : Corporate Law |
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Investor education and protection fund authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2017
Posted Date : 03-Mar-2017 , 10:05:52 pm | Posted By
Md Irsad Alam
Central Government makes the Investor Education and Protection (Accounting, Audit, Transfer and Refund) Amendment Rules, 2017 to amend Investor Education and Protection (Accounting, Audit, Transfer and Refund) Rules, 2016 to substitute following paragraph- "Company" means a company defined in ...
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Category : Corporate Law |
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Nidhi Rules,2014 governs the Law and procedure for Nidhi Company
Posted Date : 01-Mar-2017 , 12:06:08 pm | Posted By
PRASHANT
Section 406 of Companies Act 2013 and Nidhi Rules,2014 governs the Law and procedure for Nidhi Company. What is Nidhi Company ?
A Nidhi company, is one that belongs to the non-banking Indian finance sector and is recognized under section 406 of the Companies Act 2013.
Their core ...
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Category : Corporate Law |
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The Ease of Compliance to Maintain Registers under various Labour Laws Rules, 2017
Posted Date : 24-Feb-2017 , 08:17:40 am | Posted By
Md Irsad Alam
The Ease of Compliance to Maintain Registers under various Labour Laws Rules, 2017
Whereas for the ease of, and for the expedient compliance of the requirement of the various labour related laws referred to herein and for the purpose of maintaining combined registers for all such laws, i...
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Category : Corporate Law |
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The Payment of Wages (amendment) act, 2017 comparison with old provision and their effects
Posted Date : 22-Feb-2017 , 10:33:03 pm | Posted By
Md Irsad Alam
Comparison between provision under the payment of wages act 1936, and the Payment of Wages (amendment) act, 2017
New Provision
For section 6 of the Payment of Wages Act, 1936, following section has been substituted, namely:- "6. All wages shall be paid in current coin or currency n...
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Category : Corporate Law |
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A quick summary on small company
Posted Date : 20-Feb-2017 , 07:34:38 pm | Posted By
PRIYA GARG
A Quick summary on small company The concept of “Small Company” has been introduced in the Companies Act, 2013. As per the act some companies are small companies based on their...
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Category : Corporate Law |
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All about One Person Company(OPC)
Posted Date : 24-Jan-2017 , 09:17:41 pm | Posted By
PRIYA GARG
All about One Person Company(OPC) The concept of One Person Company [OPC] is a new introduction in the companies act 2013 which allows a sole person to incorporate a company on its own with concessional/relaxed requirements under the...
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Category : Corporate Law |
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Guidance Note on Reporting on Fraud under Section 143(12) of the Companies Act, 2013 (Revised 2016)
Posted Date : 23-Nov-2016 , 06:17:59 pm | Posted By
Rohit Kapoor
INTRODUCTION Section 143(12) states, “Notwithstanding anything contained in this section, if an auditor of a company, in the course of the performance of his duties as auditor, has reason to believe that an offence of fraud involving such amount or amounts as may be prescribed, is being...
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Category : Corporate Law |
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COMPREHENSIVE UNDERSTANDING ON ISSUE OF BONUS SHARES
Posted Date : 23-Sep-2016 , 10:46:32 am | Posted By
Akshay Goyal
COMPREHENSIVE UNDERSTANDING ON ISSUE OF BONUS SHARES
CS Akshay Goyal
Content:-
Introduction
Advantages
Company’s view
Investor’s view
Checklist
Procedure
Stamp Duty on issue of Bonus Shares
Tax treatment in the hands of the shareholders
Impact of bonus issue on ...
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Category : Corporate Law |
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How Nidhi Company arrange finance
Posted Date : 02-Jul-2016 , 01:26:32 pm | Posted By
Sakshi Sareen
How Nidhi Company arrange finance
For entering into the professional world every person wants to register their business just to have a legal existence. Registering your company would give a legal existence to your business or you can say a life of its own. One of the essential requirement ...
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Category : Corporate Law |
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Initial Compliances for Companies - A Look
Posted Date : 02-Jul-2016 , 12:31:17 am | Posted By
Paras Mehra
There is no term with the name initial compliances actually; we have created the term just for you to understand this better. It is actually 1st part of the total compliances and which have to be done within 30 days of the incorporation. Some other stuff we will also mention just to be organized wit...
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Category : Corporate Law |
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Highlights of Companies Amendment Act 2015
Posted Date : 24-Apr-2016 , 10:46:25 pm | Posted By
Ankur Kumar Gupta
The Indian Government is actively working to improve ease of doing business in India. Key initiative in this aspect is the Amendment to Companies Act, 2015 to make it more business or investor friendly. The Companies Amendment Bill, 2015 was passed in Lok Sabha on 17/12/2014 and it was passed in the...
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Category : Corporate Law |
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SECTION 175 OF COMPANIES ACT 2013 - PASSING OF RESOLUTION BY CIRCULATION
Posted Date : 10-Dec-2015 , 02:47:56 pm | Posted By
Manshi Baid
SECTION 175 OF THE COMPANIES ACT 2013 PASSING OF RESOLUTION BY CIRCULATION
In case of companies all the decisions are taken by passing a resolution which may be an ordinary resolution or a special resolution.
&nb...
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Category : Corporate Law |
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section 174 of the companies act 2013 - QUORUM FOR BOARD MEETING
Posted Date : 08-Dec-2015 , 04:12:31 pm | Posted By
Manshi Baid
SECTION 174 OF THE COMPANIES ACT 2013 - QUORUM FOR BOARD MEETING
Quorum here means the minimum number of directors to be present at the board meeting in order to hold the board meeting. The provisions related to the minimum no. of directors i.e. quorum is provided u/s 174 of the compani...
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Category : Corporate Law |
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section 23 of Companies Act 2013 - PUBLIC OFFER AND PRIVATE PLACEMENT
Posted Date : 07-Dec-2015 , 06:01:10 pm | Posted By
Manshi Baid
SECTION 23 OF THE COMPANIES ACT 2013 - PUBLIC OFFER AND PRIVATE PLACEMENT
The provisions related to the prospectus and issue of securities is contained in Chapter III of the Companies Act, 2013. This chapter contains two parts. Part I is in respect of Public Offer, Part-II is in respect of Pr...
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Category : Corporate Law |
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section 12 of the COMPANIES ACT 2013 - REGISTERED OFFICE OF THE COMPANY
Posted Date : 02-Dec-2015 , 01:49:25 pm | Posted By
Manshi Baid
SECTION 12 OF THE COMPANIES ACT , 2013 - REGISTERED OFFICE OF THE COMPANY
Applicability : This Section appilies to every company i.e private as well as public company.
This section provides that every company should have a registered office within 15 days of its incorporation and all ...
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Category : Corporate Law |
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The Trending Stuff About Trademark Registration Procedure.
Posted Date : 25-Nov-2015 , 10:48:16 am | Posted By
Dobiz
A trademark is a visual symbol which may be a word to indicate the source of the goods, a signature, name, device, label, numerals, or combination of colors used, or services, or other articles of commerce to distinguish it from other similar goods or service originating from another.
The process f...
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Category : Corporate Law |
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