REVISION/ REOPENING OF BOOKS OF ACCOUNT Companies Act 2013 has provided a mechanism for revision or reopening of financials statement of a Company, even in a situation where it has already been approved by the company at its AGM or circulated to the members or filed with ROC. Revision or reopening of accounts can be […]
INTRODUCTION Intellectual property (IP) pertains to any original creation of the human intellect such as artistic, literary, technical, or scientific creation. Intellectual property rights (IPR) refers to the legal rights given to the inventor or creator to protect his invention or creation for a certain period of time. These legal rights confer an exclusive right […]
This Notice is prepared in alignment of amendment notified on 07 august, 2018 related to no need to ratify the auditor at agm.
FORM NO. NCLT. 9 [See rule 72, 76, 82, 84, 88 and 154 and also General Form for all purposes if no specific form is prescribed under these rules and Forms] BEFORE THE NATIONAL COMPANY LAW TRIBUNAL NORTHERN REGION BENCH Company Application No ………………………. of 2017 ‘in Company Petition No ……………………….. of 2017 In the […]
A foreign company can start its business operations in India by incorporating a company under the Companies Act, 2013 through either a Joint Venture (JV) or forming a Wholly Owned Subsidiary (WOS). Foreign equity in such Indian companies can be up to 100%, subject to Sectoral equity caps under the FDI policy. The Sectoral caps […]
Insolvency and Bankruptcy Code, 2016 (IBC) requires the compliance of the following additional requirements for for voluntary wound up of Companies, which are not mentioned in Companies Act, 1956 / Companies Act, 2013: 1. Additional declaration by the directors that company is not wound up to defraud any person; 2. Only insolvency professional can, who […]
Article explains Procedure for voluntary Winding Up of Limited Liability Partnership (LLP) and also provides format of Draft Documents required for such voluntary Wind Up of LLP.
On the Letter Head of Company BOARDS’ REPORT To The Members, ……………………PRIVATE LIMITED Your Directors have pleasure in presenting the …….. Boards’ Report of the Company together with audited Statement of Accounts and the Auditors’ Report of your company for the financial year ended 31st March, 20xx. FINANCIAL RESULTS (Amount in Rs.) Financial Results Year […]
1. Check the Articles of Association (AoA) of the Company to verify whether necessary authority/powers is there to increase the authorised share capital of the Company. Note: If such authority is not provided for in the Articles of Association, then the provisions in AoA has to be amended to include provisions authorising the company to […]
A Registered Office of the Company is the official address/correspondent address of a company to which all official letters & reminders will be sent by any person, any government or non-government or regulatory body. In terms of Section 7 of the Companies Act, 2013 (the “Act”), all registered companies are legally required to have a registered office address in India within thirty days from the date of incorporation Under Companies Act, Shifting of the registered office of Company from one state to another required many approvals like shareholders, Regional Director (RD) & many intimations like Chief Secretary, Creditors, Public, & Registrar of Companies etc. Consequently, Change in registered office is a big task under the Act. It takes approximately 2-3 month to complete the process.
