csyogesh12's Posts - Page 4

Voluntary Revision or Reopening of Books of Account By Company

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 […]...

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Posted Under: Company Law |

Scope for CS Under Intellectual Property Right (IPR) Law

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...

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Posted Under: Company Law |

Draft Format of AGM Notice for year ended 2018

This Notice is prepared in alignment of amendment notified on 07 august, 2018 related to no need to ratify the auditor at agm....

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Posted Under: Company Law |

Draft Format of Petition for revival of company

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 20...

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Posted Under: Company Law |

Sectoral Caps for FDI in INDIA

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 […]...

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Posted Under: Company Law |

Procedure for voluntary winding up of Companies under IBC

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 profess...

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Posted Under: Company Law |

Procedure for voluntary Winding Up of LLP along with Draft Documents

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....

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Posted Under: Company Law |

Draft Format of Board of Directors Report For FY 2017-18

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...

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Posted Under: Company Law |

Procedure For Increase In Authorised Share Capital of A Company

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 [...

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Posted Under: Company Law |

Shifting of Registered Office of Company from one state to another state

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...

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Posted Under: Company Law |

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