Introduction : Under the provision of companies Act, 1956, there were no restrictions on the board of directors of private companies regarding borrowings for the purpose of business of the company. However, Board of directors of Public companies were required to seek approval of shareholders by way of ordinary resolution in case of fresh loans […]
Everyone has some aims that they want to achieve over their lifetime. These are usually not one time events; at different stages of your life, new goals keep popping up. In most cases, we set and achieve goals without any conscious. But for that we have to make a financial plan.
Matters requiring Special Resolution Under Companies Act, 2013 What is a special resolution? As per section 114(2), a resolution is considered as a special resolution when three conditions are satisfied. The three conditions are : (a) the intention to propose the resolution as a special resolution has been duly specified in the notice calling the […]
The CHAMPIONS stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength. It was launched by the Ministry of Micro, Small and Medium Enterprises on 1st June, 2020. The portal is basically for making the smaller units big by solving their grievances, encouraging, supporting, helping and handholding.It is a real one-stop-shop solution of MSME Ministry.
