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Articles Category : Corporate Law
SEBI authorise Insolvency Professionals to act as Administrator
Posted Date : 09-Oct-2018 , 09:23:29 am | Posted By CASANSAAR

Another Professional Opportunity for Insolvency Professionals - Can be appointed as an Administrator under SEBI Regulations. Securities & Exchange Board of India (SEBI) has recently notified Securities and Exchange Board of India (Appointment of Administrator and Procedure for Refunding to ...

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Category : Corporate Law | Comments : 0 | Hits : 777

Related party transaction (section 188) - A significant amendment - Ease of doing business – Governance Professional
Posted Date : 28-Jul-2018 , 04:24:20 pm | Posted By ACS Prem Munjal

I hope you're aware that most of the Companies do exist in India have been either closely held or shareholding lies in the hands of Promoters consequently, with this less scattered form of shareholding, the number of Independent members also reduced to very few, Therefore, in this kind of shareholdi...

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Category : Corporate Law | Comments : 0 | Hits : 2342

AGM - The biggest change ever - 7th May 2018 - ACS Prem Munjal
Posted Date : 25-Jul-2018 , 05:16:46 pm | Posted By ACS Prem Munjal

As you know the financial year 2017-18 has been ended and every company also has now been geared up for annual compliances for the said year. As a matter of normal practices, every company required to do some sort of annual compliances to remain as an active company and doing such compliance is b...

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Category : Corporate Law | Comments : 1 | Hits : 2281

Reserving a Company Name is now a Child’s Play
Posted Date : 01-Feb-2018 , 02:26:41 pm | Posted By Kushaj Gupta

The Ministry of Corporate Affairs along with the Government of India has taken momentous efforts in restricting the tedious task of incorporation of a business in India. In the event of the Republic Day, the government took strategic steps by bringing all the incorporation formalities under ...

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Category : Corporate Law | Comments : 0 | Hits : 635

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 de...

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Category : Corporate Law | Comments : 0 | Hits : 684

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 | Comments : 0 | Hits : 242

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 | Comments : 0 | Hits : 475

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 | Comments : 0 | Hits : 350

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...

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Category : Corporate Law | Comments : 0 | Hits : 285

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. T...

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Category : Corporate Law | Comments : 0 | Hits : 1846

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 | Comments : 0 | Hits : 381

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 cu...

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Category : Corporate Law | Comments : 0 | Hits : 233

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 o...

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Category : Corporate Law | Comments : 0 | Hits : 339

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 | Comments : 0 | Hits : 709

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 bei...

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Category : Corporate Law | Comments : 0 | Hits : 509

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...

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Category : Corporate Law | Comments : 0 | Hits : 345

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 | Comments : 0 | Hits : 992

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 | Comments : 0 | Hits : 1046

the bankruptcy code 2016
Posted Date : 27-May-2016 , 01:52:39 pm | Posted By Kapil Goyal

  The Insolvency and Bankruptcy Code,2015 was introduced by the Minister of Finance, Mr. Arun Jaitley in Lok Sabha on  December 21,2015, and subsequently referred to a joint Committee of Parliament, The Committee submitted its recommendations and a modified code based on its  sugge...

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Category : Corporate Law | Comments : 0 | Hits : 886

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 | Comments : 0 | Hits : 612

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 | Comments : 0 | Hits : 1521

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 | Comments : 0 | Hits : 441

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 | Comments : 0 | Hits : 928

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 | Comments : 0 | Hits : 357

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 | Comments : 0 | Hits : 677

SECTION 3 OF COMPANIES ACT 2013
Posted Date : 30-Oct-2015 , 02:15:22 pm | Posted By Manshi Baid

SECTION 3 OF COMPANIES ACT 2013 READ WITH THE COMPANIES (INCORPORATION) RULES , 2014   FORMATION OF COMPANY   TYPES OF COMPANIES ------- Public Company --- At least  7 persons Private Company --- At least 2 persons One Person Company – Only one person with a person as...

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Category : Corporate Law | Comments : 0 | Hits : 363

SECTION 189 OF THE COMPANIES ACT 2013
Posted Date : 28-Oct-2015 , 11:29:27 am | Posted By Manshi Baid

SECTION 189 OF COMPANIES ACT 2013 READ WITH SECTION 184 , SECTION 188 OF THE COMPANIES ACT 2013 AND RULE 16 OF THE COMPANIES (MEETING OF BOARD AND ITS POWER ) RULES 2014   REGISTER OF CONTRACTS OR ARRANGEMENTS IN WHICH DIRECTORS ARE INTERESTED     APPLICABILITY : This section appli...

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Category : Corporate Law | Comments : 0 | Hits : 975

Limits Based Provisions with Consequences On Non-Compliance under the Companies Act, 2013
Posted Date : 27-Aug-2015 , 11:14:27 pm | Posted By GOVIND NARAYAN SHARMA

                                  LIMITS BASED PROVISIONS WITH CONSEQUENCES ON NON-COMPLIANCE UNDER COMPANIES ACT, 2013 ...

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Category : Corporate Law | Comments : 0 | Hits : 805

ONE PERSON COMPANY AND HOW IT IS REGISTERED?
Posted Date : 15-Aug-2015 , 12:55:38 pm | Posted By Sayam Rastogi

                                               One Person Company One Person Company is a new type of business entity in India introduced through the Companies Act, 2013. One Pe...

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Category : Corporate Law | Comments : 0 | Hits : 1015

Depreciation under Schedule II of Companies Act 2013
Posted Date : 04-Aug-2015 , 11:04:16 am | Posted By Prabhash Choudhary

I analyzed schedule II of Companies Act 2013 along with guidance note issued by ICAI for depreciation and in my opinion understated points are need to be considered for the purpose of calculation of depreciation for the financial year 2014-15: 1.    If useful life of an asset has b...

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Category : Corporate Law | Comments : 0 | Hits : 979

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