Procedure for Transfer of Unpaid / Unclaimed Dividend to IEPF- The company shall inform, at the latest available address, the shareholder concerned regarding transfer of shares three months before the due date of transfer of shares and also simultaneously publish a notice in the leading newspaper in English and regional language having wide circulation informing the concerned that the names of such shareholders and their folio number or DP ID – Client ID are available on their website duly mentioning the website address.
Article covers Introduction to Corporate Governance, Importance of Corporate Governance, Need of Corporate Governance, Corporate Governance Principles, Benefits of Corporate Governance, Responsibilities Of The Board Of Directors, Five Golden Rules of Corporate Governance, Components Of Corporate Governance, Regulatory Framework In India And Mandates, Evolution in Corporate Governance Norms, Major Incidences In Indian Corporate-Legal Sector (Case […]
Companies Act, 2013 Section 175 No resolution shall be deemed to have been duly passed by the Board or by a committee thereof by circulation, unless – – the resolution has been circulated in draft, together with the necessary papers, if any, to all the directors, or members of the committee, as the case may […]
The Term Corporate Social Responsibility (CSR), if read in literal sense, means responsibility (duties) of Corporates (Judicial persons) towards Society (the public). CSR has been in existence for a long time and is almost as old as civilization.
A meeting may be generally defined as a gathering or assembly or getting together of a number of persons for transacting any lawful business. Types of General Meeting under Companies Act, 2013 Annual General meeting Extra ordinary General Meeting Annual General Meeting (Section 96) Who holds an AGM- Every Company (Except One Person Company) AGM […]
Meaning of Takeover Takeover implies acquisition of control of a company which is already registered through the purchase or exchange of shares. Takeover takes place usually by acquisition or purchase from the shareholders of a company their shares at a specified price to the extent of at least controlling interest in order to gain control […]
NOTICE OF GENERAL MEETING Purpose and importance of the Proper Notice Ø The purpose of the Notice with specified length is to enable a member of the company to read, understand the financial statements, performance and to raise any questions on the state of affairs and to enable members to issue special notice to the […]
Takeover implies acquisition of control of a company which is already registered through the purchase or exchange of shares. Takeover takes place usually by acquisition or purchase from the shareholders of a company their shares at a specified price to the extent of atleast controlling interest in order to gain control of the company.
The Companies Act, 2013 requires the Board of Directors to devise proper system to ensure compliance with provisions of all applicable laws and to report that such systems are adequate and operating effectively.
Deposits have been defined under the Companies Act, 2013 (2013 Act) to include any receipt of money by way of deposit or loan or in any other form by a company. However deposits do not include such categories of amounts as may be prescribed in consultation with the Reserve Bank of India (“RBI“). Chapter V of […]
