The first thing that strike our mind on incorporation of a Company is: ‘What are the compliances which are necessary to be done post incorporation?’ The major compliances to be done by the Company immediately post its incorporation are as follows: – 1. Convene the First Board Meeting within 30 days of its Incorporation and […]
How to Identify whether the proposed transaction is a Related Party Transaction u/s 188 of Companies Act, 2013 or not? 1st Stage (Preliminary test) 1. Is it a transaction (Contract or arrangement) that falls under Section 188(1)(a) to (g) of the Companies Act, 2013 (the Act)?; AND 2. Is it a related Party in terms […]
