The law allows companies to settle certain offences by paying a compounding fee instead of prosecution. The key takeaway is a structured process involving RD or NCLT based on penalty limits.
The issue concerns procedural requirements for appointing a new director in a general meeting. The key takeaway is that prior notice, deposit, and shareholder approval are mandatory conditions.
Explains the full legal procedure for issuing bonus shares under Section 63 of the Companies Act, 2013. It highlights key approvals, timelines, and filings required to ensure compliance.
The scheme reduces the cost of filing Form STK-2 significantly. It enables companies to close operations affordably while ensuring compliance with legal procedures.
Failure of the Board to appoint the first auditor within 30 days shifts the power to shareholders. The case clarifies strict adherence to statutory timelines and consequences of non-compliance under the Companies Act, 2013.
This guide explains how companies must create and register charges with RoC. Timely compliance ensures legal validity and avoids penalties.
The process outlines Board approval, ROC filing, and compliance requirements for shifting a registered office within city limits. The key takeaway is strict adherence to timelines and documentation.
The updated framework mandates KYC filing once every three years with strict timelines. Non-compliance leads to DIN deactivation and late fees.
The procedure for conversion of a One Person Company (OPC) into a Private Limited Company is governed by Section 18 of the Companies Act, 2013 and Rule 6 of the Companies (Incorporation) Rules, 2014. The company must meet eligibility criteria requiring a minimum of two shareholders and two directors. The process begins with convening a […]
Conversion from a private company to LLP is permitted when eligibility conditions such as no outstanding loans or disputes are satisfied. The process involves board approval, shareholder resolution, and filings with the Registrar of Companies.
